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Tesla Q1 2020 Update

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Re: Tesla Q1 2020 Update

#131

Post by microtherion »

gamblor956 wrote: post #103
adventured wrote: post #43

Earlier quoted context omitted.

I doubt it. He's worth $38.5 billion; $26b of that is in Tesla. He can shave off hundreds of millions of dollars from that any day of the week - if he cared to do so. The compensation package is relatively small compared to his existing wealth already contained in Tesla. Wanting the company to succeed is what most likely motivates him, not the compensation package (which is aligned with his existing interests, even i…

Musk is worth $38.5 billion based on his current Tesla stock holdings at their current valuation. If he hits the trigger in his compensation package, he gets even more Tesla stock which will vastly increase his net worth on paper Also, Musk is loaded with debt because he leveraged his stock holdings to live a very lavish lifestyle, including multiple residential properties, vehicles, and very expensive dining choices…

Very expensive dining choices? How much truffled avocado toast do you have to eat to make a dent in his kind of wealth?

Re: Tesla Q1 2020 Update

#132

Post by aguyfromnb »

yalogin wrote: post #56

Am I reading this right? They have 25% profit margin on each automotive? Feels like a tech company's margins. Does anyone know how it compares to traditional automakers?

These are non-GAAP numbers. The real numbers are closer to 17%, which is still pretty good.

Re: Tesla Q1 2020 Update

#134

Post by Gwypaas »

xur17 wrote: post #54
save_ferris wrote: post #39

Earlier quoted context omitted.

He might be more concerned about the sales prospects instead of operational expenses. Automakers are getting hit really hard by this pandemic, and they need a healthy economy to sell cars. Many economic forecasts are saying that a full recovery is 2-4 years away, although there are many different opinions.

Plus, the price of gas has gone down significantly, hurting one of the benefits of electric cars.

This is mostly the US because the externalities aren't taxed. In EU the taxes on gas are much higher. With VAT and everything Sweden currently has $4.5 per gallon, down from $5.8 last autumn, this makes any electric car much more compelling.

Re: Tesla Q1 2020 Update

#135

Post by jodrellblank »

guardiangod wrote: post #15
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…

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.)

Because everyone likes to have opinions on things, and is encouraged by society to judge, review, critique and opine about every experience.

I’m so fed up of this growth of shaming everyone who isn’t an expert for speaking “out of turn”.

It has the “you should only do things that benefit me” entitlement of the recent demands on open source developers, along with the “know your place” implicit putdown, and the lameness of people who critic recipe authors for blogging about their lives instead of just giving me the recipe because I’m so important. It’s a terrible trend and if all I can do is ineffectually downvote you once, I will.

I fully expect you to reply that your investment in getting free money from Tesla employees is more important than Musk’s freedom of speech and right to be an individual and I preemptively disagree. If you can’t take his BS, don’t read it.

Re: Tesla Q1 2020 Update

#136

Post by Reedx »

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

People have been saying that for years and years. It's beyond stale. Meanwhile Tesla and SpaceX have continued to succeed beyond expectations for over a decade now. If there's occasional twitter volatility in-between simultaneously landing two rockets returning from space... so be it.

Besides, if it bothers you that much, you don't have to buy their cars or invest or even pay attention to it. The constant handwringing, mind reading and speech policing is ridiculous. That's how we end up with nothing but layers upon layers of focus tested marketing speak and people afraid to challenge orthodoxy.

Re: Tesla Q1 2020 Update

#137

Post by tempestn »

Zenbit_UX wrote: post #117
tempestn wrote: post #11

Earlier quoted context omitted.

Change in stock price on earnings news tends to correlate to the performance relative to expectations . The estimated performance is already priced in, so the movement will be based on how much better or worse the actual results were than the estimated/anticipated ones. In this case, it was obviously a bad quarter for Tesla, but the bump suggests that traders expected it to be even worse.

> but the bump suggests that traders expected it to be even worse. You're a bit too kind with your wording, it doesn't _suggests_ so much as it literally _means_ that. Plenty of websites show you what investors are expecting, if Tesla says more/less price fluctuates accordingly.

Normally, and apparently in this case, yes. It is possible for a stock to go up on earnings that don't beat expectations though, due to other concurrent factors, like unexpected positive news regarding future prospects, or even an unrelated broad market movement.

Re: Tesla Q1 2020 Update

#138

Post by SEJeff »

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.

Amusingly, Larry Ellison, the Oracle CEO, is a Tesla board member and personal friend of Musk.

Re: Tesla Q1 2020 Update

#139

Post by threeseed »

xur17 wrote: post #54
save_ferris wrote: post #39

Earlier quoted context omitted.

He might be more concerned about the sales prospects instead of operational expenses. Automakers are getting hit really hard by this pandemic, and they need a healthy economy to sell cars. Many economic forecasts are saying that a full recovery is 2-4 years away, although there are many different opinions.

Plus, the price of gas has gone down significantly, hurting one of the benefits of electric cars.

The other problem is chargers.

Before COVID-19 you were buying an EV knowing that there was a roadmap of chargers being rolled out. Now I would be wondering (a) are new ones going to be deployed at all and (b) are existing ones going to be maintained.

Everything non-essential is going to be deprioritised over the coming years.

Re: Tesla Q1 2020 Update

#140

Post by tecleandor »

maxharris wrote: post #121
refurb wrote: post #101

Earlier quoted context omitted.

I think Tesla falls firmly in “luxury good” and with mass unemployment, Tesla might see much less demand for much longer than just the lockdown.

You're forgetting about Battery Day next month! You will find out that Tesla hits $100/kWh, which means they'll be able to sell an electric car for the price of a gas one, without giving up range. You're also forgetting that what they're selling has no real competition, just like the iPhone didn't skip a beat through the 2008-2009 crisis. Also their full self-driving tech is ahead of everyone, including Alphabet. I t…

For the price of WHAT gas car?
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