Since, things are slow, my notes.... Misc: - Fremont plant idle since March 23rd - raised 2.3B in February, which seems really well timed now - Musk venting with "FREE AMERICA NOW" tweet makes him seem almost crazy - can see why Elon is going crazy on twitter, he'd almost turned around Telsa and now they may be in the worst cash crunch of their long life - Shanghai Giga reopened on Feb 10th, showing the importance of…
Someone _please_ hire someone to follow EM with a phone jammer on. I can't take his BS anymore. Why do smart people like to have strong opinions on subjects they are not expert in? (Disclosure: I own TSLA stocks.)
Tesla Q1 2020 Update
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Re: Tesla Q1 2020 Update
#22Since, things are slow, my notes.... Misc: - Fremont plant idle since March 23rd - raised 2.3B in February, which seems really well timed now - Musk venting with "FREE AMERICA NOW" tweet makes him seem almost crazy - can see why Elon is going crazy on twitter, he'd almost turned around Telsa and now they may be in the worst cash crunch of their long life - Shanghai Giga reopened on Feb 10th, showing the importance of…
Also want to point out that TSLA is up about ~6-7% in after-hours trading Edit: accuracy
After-hours trading doesn't necessarily mean much due to low liquidity and volume. You can get high swing for reasonably low volume in a single after-market trade.
Re: Tesla Q1 2020 Update
#23Curious to know how Tesla will (if it will) repatriate China profits. Perhaps they don't, but just ship China-sourced parts to Fremont and Berlin paid for with China profits? The political climate could take a very ugly turn, China will want to keep cash within its borders.
According to their loan agreement w/ China, they must pay off their loans until they can repatriate anything.
Re: Tesla Q1 2020 Update
#24Since, things are slow, my notes.... Misc: - Fremont plant idle since March 23rd - raised 2.3B in February, which seems really well timed now - Musk venting with "FREE AMERICA NOW" tweet makes him seem almost crazy - can see why Elon is going crazy on twitter, he'd almost turned around Telsa and now they may be in the worst cash crunch of their long life - Shanghai Giga reopened on Feb 10th, showing the importance of…
Someone _please_ hire someone to follow EM with a phone jammer on. I can't take his BS anymore. Why do smart people like to have strong opinions on subjects they are not expert in? (Disclosure: I own TSLA stocks.)
That's how democratic societies are typically intended to work; on issues of great social importance, everyone's encouraged to think about them and decide what they'd like to happen.
Re: Tesla Q1 2020 Update
#25Since, things are slow, my notes.... Misc: - Fremont plant idle since March 23rd - raised 2.3B in February, which seems really well timed now - Musk venting with "FREE AMERICA NOW" tweet makes him seem almost crazy - can see why Elon is going crazy on twitter, he'd almost turned around Telsa and now they may be in the worst cash crunch of their long life - Shanghai Giga reopened on Feb 10th, showing the importance of…
- Will Elon stop with tweets that hurt Tesla? Appoint a CEO, or COO to run things to take pressure of Elon? I have read this from so many people for the last 5 years all the time. Sure, the tweets show that Elon wants faster growth, and frustrated, and I didn't like that tweet either, but if you want a conservative CEO, buy IBM or Oracle stocks, please leave Tesla alone.
I think they may have been referring to more of a SpaceX leadership situation.
Re: Tesla Q1 2020 Update
#26Since, things are slow, my notes.... Misc: - Fremont plant idle since March 23rd - raised 2.3B in February, which seems really well timed now - Musk venting with "FREE AMERICA NOW" tweet makes him seem almost crazy - can see why Elon is going crazy on twitter, he'd almost turned around Telsa and now they may be in the worst cash crunch of their long life - Shanghai Giga reopened on Feb 10th, showing the importance of…
> can see why Elon is going crazy on twitter, he'd almost turned around Telsa and now they may be in the worst cash crunch of their long life
With 8 billion in cash, and 3-4 billion per year burn rate, that's a two year buffer assuming no improvement. That doesn't seem like the worst cash crunch of their long life. What am I missing?
Re: Tesla Q1 2020 Update
#27Since, things are slow, my notes.... Misc: - Fremont plant idle since March 23rd - raised 2.3B in February, which seems really well timed now - Musk venting with "FREE AMERICA NOW" tweet makes him seem almost crazy - can see why Elon is going crazy on twitter, he'd almost turned around Telsa and now they may be in the worst cash crunch of their long life - Shanghai Giga reopened on Feb 10th, showing the importance of…
- Will Elon stop with tweets that hurt Tesla? Appoint a CEO, or COO to run things to take pressure of Elon? I have read this from so many people for the last 5 years all the time. Sure, the tweets show that Elon wants faster growth, and frustrated, and I didn't like that tweet either, but if you want a conservative CEO, buy IBM or Oracle stocks, please leave Tesla alone.
I just don't want a batshit crazy person running a company I invest in.
Re: Tesla Q1 2020 Update
#28I dig Tesla, but I wonder if Elon's own goals would be better served if they only produced motors and batteries and novel tech for the other car makers.
Re: Tesla Q1 2020 Update
#29Curious to know how Tesla will (if it will) repatriate China profits. Perhaps they don't, but just ship China-sourced parts to Fremont and Berlin paid for with China profits? The political climate could take a very ugly turn, China will want to keep cash within its borders.
by the agreement, they can't. Their financing conditions prevent them from doing so for a few years unless they pay their loans there.
Re: Tesla Q1 2020 Update
#30Since, things are slow, my notes.... Misc: - Fremont plant idle since March 23rd - raised 2.3B in February, which seems really well timed now - Musk venting with "FREE AMERICA NOW" tweet makes him seem almost crazy - can see why Elon is going crazy on twitter, he'd almost turned around Telsa and now they may be in the worst cash crunch of their long life - Shanghai Giga reopened on Feb 10th, showing the importance of…
If only he had time to finish them fully robotic assembly lines ..