Tesla Q1 2020 Update

Post by cloudwalking » Wed, Apr 29, 2020, 8:50 PM UTC

tejohnso wrote: post #26

chollida1 wrote: post #2

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…

> 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?

Post by kortilla » Wed, Apr 29, 2020, 8:52 PM UTC

Touche wrote: post #27

xiphias2 wrote: post #20

Earlier quoted context omitted.

- 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.

Post by dnautics » Wed, Apr 29, 2020, 8:53 PM UTC

Touche wrote: post #27

xiphias2 wrote: post #20

Earlier quoted context omitted.

- 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.

Post by ch1rh0 » Wed, Apr 29, 2020, 8:54 PM UTC

Post by iddan » Wed, Apr 29, 2020, 8:56 PM UTC

xiphias2 wrote: post #20

chollida1 wrote: post #2

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…

- 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.