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Tesla Q1 2020 Update

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Re: Tesla Q1 2020 Update

#321

Post by askafriend »

MPSimmons wrote: post #316
sjwright wrote: post #267

Earlier quoted context omitted.

I personally feel there's a big overlap between Jobs and Musk—but none more so than the fact that they had the key combination of sufficient intelligence, clear vision, high self-confidence and (most importantly) strong influence over corporate direction. One of my favourite Steve Jobs quotes is just after he returned to Apple and began dismantling the massive pile of legacy cruft. When asked about a particular (terr…

I differ, in that I don't think Steve Jobs had a clear vision that he could communicate to others. I think he was very, very gifted as someone who could see the right path forward, and he seemed to execute ruthlessly. The evidence I would put forth is that, in the decade since Steve Jobs died, Apple has added a watch to their lineup, and changed virtually nothing else. Their supply chain efficiencies might be better,…

> in the decade since Steve Jobs died, Apple has added a watch to their lineup, and changed virtually nothing else

The Watch is incredibly popular, AirPods are a runaway hit, the iPad Pro is killing it, the new Mac Pro is awesome, Apple Music took off, Apple Pay/Card is super popular....

I genuinely don't know why you say they haven't done anything.

If anything it's incredible that the company manages to stay true to itself time and time again. That's a testament to the strength of the culture Steve left behind.

Re: Tesla Q1 2020 Update

#322

Post by LiquidSky »

Reedx wrote: post #136
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…

>That's how we end up with nothing but layers upon layers of focus tested marketing speak and people afraid to challenge orthodoxy.

A billionaire with a massive social media presence publicly mocking some random guy in Thailand: speaking truth to power.

A billionaire lying about his company going private: speaking the truth that others dare not.

Re: Tesla Q1 2020 Update

#323

Post by askafriend »

mettamage wrote: post #111
YorickPeterse wrote: post #82

Earlier quoted context omitted.

> They can't handle when someone is expressive (aka the Tesla @ 420 tweet, he simply expresses his opinion) He tweeted about having money to take Tesla private, which from what I remember turned out to be false. Lying is not being expressive, it's just that: lying.

I don't know enough about this (how CEOs ought to behave) and I don't know to what extent Elon Musk cares. But I do know what I'd think in his position: I'd care more about freedom of speech. I believe that I should be capable of saying whatever I want (usual restrictions apply, hate speech etc.). Even if that means that I'm tweeting on a social platform about the share price. Twitter is not a platform where official…

This is the silliest defense I've read.

Stop making excuses for him and treating him like a child.

Re: Tesla Q1 2020 Update

#324

Post by renewiltord »

nostrebored wrote: post #228
renewiltord wrote: post #191

Earlier quoted context omitted.

When do your shorts expire?

When does your argument show up?

There is no argument since there is nothing to argue with. It's a nonsense prediction with little real analysis and is simply the product of the emotional desires of the writer.

One might as well read the Sunday horoscope.

Re: Tesla Q1 2020 Update

#325

Post by paganel »

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…

> multiple factories around the world

They'll also need not economically stressed out customers around the world, which right now isn't really happening. If the low oil-prices won't halt the electric cars industry then the fact that they still have comparatively high prices will most certainly will.

A few months ago I was saying that the industry needs cars worth 25,000-30,000 euros/dollars in order to really take off, i.e. that it needs its mass-produced electric Honda Civcs and VW Golfs, with this depression-like crisis that is about to commence I'd say that it needs its Mitsubishi Colts/Mirages, Dacia Sanderos or Nissan Versas, i.e. electric cars that will cost at most 10,000-12,000 euros/dollars.

Re: Tesla Q1 2020 Update

#326

Post by marvin »

paganel wrote: post #325
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…

> multiple factories around the world They'll also need not economically stressed out customers around the world, which right now isn't really happening. If the low oil-prices won't halt the electric cars industry then the fact that they still have comparatively high prices will most certainly will. A few months ago I was saying that the industry needs cars worth 25,000-30,000 euros/dollars in order to really take of…

Their potential market will certainly be _lower_ while the pandemic is ongoing, but there's plenty of high-income folks who haven't been materially effected by the epidemic and might still want a luxury car. Most people I know are in the work-from-home crowd.

There is the possibility that this might not be that big of a deal, given that they're a growth company. Depends how production-constrained they really are without trying to induce additional demand through advertising and so on.

Re: Tesla Q1 2020 Update

#327

Post by Melting_Harps »

Melting_Harps wrote: post #299
matthewbauer wrote: post #281

Earlier quoted context omitted.

He’s not an epidemiologist. He’s not an engineer. He’s a businessman. And by pissing so many people off, he’s definitely not being a good businessman.

> He’s not an epidemiologist. He’s not an engineer. He’s a businessman. And by pissing so many people off, he’s definitely not being a good businessman. Sure. But you're pointing your ire at the wrong person, I'm not in the 'Cult of Elon' and here to defend his antics; I'm responding to someone asking why I accept it for what it is, and how it benefits the things I care about. I forgot to mention Starlink, too. But,…

And because I can't edit my first post:

Cybertruck is being made in Texas:

https://www.msn.com/en-us/money/companies/tesla-will-build-i...

Interesting choice, there were rumors at the SpaceX launch facility in Boca Chica that he was thinking of Texas as a new giga factory. But also, Texas has some of the cheapest gas in all of the US, I hadn't seen 99 cent gas since 1999 and yet on my trip there I saw it multiple times in various cities in Texas and there were so many big lifted trucks going 100 MPH everywhere.

Re: Tesla Q1 2020 Update

#328

Post by raverbashing »

MPSimmons wrote: post #316
sjwright wrote: post #267

Earlier quoted context omitted.

I personally feel there's a big overlap between Jobs and Musk—but none more so than the fact that they had the key combination of sufficient intelligence, clear vision, high self-confidence and (most importantly) strong influence over corporate direction. One of my favourite Steve Jobs quotes is just after he returned to Apple and began dismantling the massive pile of legacy cruft. When asked about a particular (terr…

I differ, in that I don't think Steve Jobs had a clear vision that he could communicate to others. I think he was very, very gifted as someone who could see the right path forward, and he seemed to execute ruthlessly. The evidence I would put forth is that, in the decade since Steve Jobs died, Apple has added a watch to their lineup, and changed virtually nothing else. Their supply chain efficiencies might be better,…

Yeah and I believe if SJ had twitter at his (prime) time we would have seen a lot of "questionable" moments like we're seeing with Elon.

(Or at least it would have leaked much easier through the grapevine)

Re: Tesla Q1 2020 Update

#329

Post by paganel »

puranjay wrote: post #83
Touche wrote: post #27

Earlier quoted context omitted.

I just don't want a batshit crazy person running a company I invest in.

To be fairly honest, lots of extremely competent people hold some batshit insane opinions about a lot of pretty important things. I posit Steve Jobs and his alternative therapy beliefs: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4924574/

> lots of extremely competent people hold some batshit insane opinions about a lot of pretty important things.

Talking about the same industry and about extremely competent people, John Ford was a Nazi sympathiser and he actively promoted "The Protocols of the Elders of Zion", which was pretty batshit insane.

Re: Tesla Q1 2020 Update

#330

Post by raverbashing »

maxharris wrote: post #301
threeseed wrote: post #143

Earlier quoted context omitted.

Of course what Musk does matters. He's the CEO. And his erratic and reprehensible behaviour is degrading the Tesla brand as well as reaffirming the long held idea amongst shareholders that he is too unstable to be running the company.

As Peter Thiel famously said, "Never bet against Elon Musk." I'm a shareholder. I expect that Elon's leadership will make my shares go up an incredible amount in the future. I have over half of my life savings at stake on TSLA, so I have a lot of skin in the game. If you think he's so bad, why don't you short his stock? It would be fun to check back in six months and compare how we did!

> As Peter Thiel famously said, "Never bet against Elon Musk."

Yes, because for better or worse Elon is "seeing the future" and has the capability to execute it.

In a world where a lot of CxOs and Senior Executives "didn't believe" in remote work in January of this year, you see that the average group vision is poor and execution ability is even poorer

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