Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Tesla Smashes Earnings And Revenue Expectations

businessinsider.com

Post reply on HN
Print view View original

21–30 of 188 posts

Re: Tesla Smashes Earnings And Revenue Expectations

#21

Post by rdl »

EvanKelly wrote: post #16
cloudwalking wrote: post #8

This is the first of many profitable quarters for Tesla. The Model S is a better car in every single regard (except for range), than any other car on the market. It is safer, faster, roomier, more fun to drive, has more storage, quieter, more convenient, and less polluting. Electric vehicles will displace combustion vehicles. Everything that makes a car, the electric car does better. Right now the electric vehicle ma…

Did you mean to qualify your first statement by saying "electric car"?

Motor Trend didn't, so I don't see why he would. There are specific non-EVs which beat the Tesla on specific things, but nothing which beats the whole package, regardless of drivetrain.

(Well, Tesla towing capacity is kind of crap I think, and it would be a poor choice if you street parked, drove to a far away location without superchargers enroute, etc.)

Re: Tesla Smashes Earnings And Revenue Expectations

#22

Post by scep12 »

olefoo wrote: post #10

Meh, Teslas are boring status mobiles now. If you like your electric cars to be interesting and exciting. Order an Arcimoto [1] instead. 1. http://www.arcimoto.com/

Correction: If you're in the market for an impractical, over-priced go-kart, order an Arcimoto.

Re: Tesla Smashes Earnings And Revenue Expectations

#23

Post by maxerickson »

enraged_camel wrote: post #11
3am wrote: post #7

A couple of interesting statistics about stocks that are easily available are related to how many people are shorting it (ie, someone borrows a share, sells it, and makes a profit if they can re-buy it at a later date to close the short position). In the case of TSLA the stock, as of Apr 15, almost 31 million shares were lent out to short sellers ("sold short"). That is out of 72 million shares on the market ("float"…

The most amazing thing about your post is that 95% of your post went right over my head. And I consider myself a fairly intelligent person. :P (There's probably some interesting commentary in there somewhere about the complexity of financial markets and how it is probably bad for society to have a vast portion of our economic growth riding on something most people don't get.)

It's more jargon than it is complexity.

Most people don't get electricity or internal combustion engines or computers or whatever, so that is kind of a scary standard.

Re: Tesla Smashes Earnings And Revenue Expectations

#24

Post by grecy »

rdl wrote: post #19

If you've been in Silicon Valley for the past 6 months, this was obviously going to happen -- virtually everyone I know who could afford virtually any production supercar, and cares about cars, has or wants a Tesla. Not an R8, not a GTR, not a California, not a Panamera, not an M3, but a Tesla. As they ramp up their production (I think it's down to a few months wait), The only rich people (who own cars) not getting T…

Does anyone driving any of those super cars you mention park on the street?

Re: Tesla Smashes Earnings And Revenue Expectations

#25

Post by mikeyouse »

ncavig wrote: post #15
mikeyouse wrote: post #9

A good article to help understand the massive afterhours movement: http://www.reuters.com/article/2013/05/08/autos-tesla-idUSL2... High-Level Summary: There was a ton of short-selling interest on TSLA (due to expectations of a big earnings miss). Almost 27% of the 115mm shares outstanding are currently being borrowed by short sellers. TSLA has more short interest by percentage than 98% of US stocks. Everyone was real…

This might be a stupid question, but as a Tesla stock owner, and (becoming more apparent ever day) naive investor, how do you find out this information and/or digest it so well? I'm mainly a google finance guy and had no idea so much of the stock was being shorted.

I own ~95% index funds, which makes most of my research pretty easy. For the individual stocks I do own, I like to follow the analysis on Reuters. Even just spending an hour/week reading the latest news does wonders.

For Tesla: http://www.reuters.com/finance/stocks/companyNews?symbol=TSL...

Investing around a short squeeze is out of your control, and I would argue, not worth worrying about. The price will bounce around like crazy and some people will make 30% in a day while others lose much more than that, but in the end, Tesla's price will reflect their ability to turn a profit in the future.

If you feel like the future market cap of Tesla is larger than it is today (with all the usual time-value-of-money caveats), keep your money invested and don't waste your time fretting over the mayhem on Wall St.

Re: Tesla Smashes Earnings And Revenue Expectations

#26

Post by koenigdavidmj »

stdgy wrote: post #18
mrchucklepants wrote: post #14

Earlier quoted context omitted.

Everything but engine sound. I will miss the deep, throaty growl of a large V-8.

In the future, I suspect we'll see aftermarket outfitters touting externally facing audio equipment to imitate the sounds produced by high-powered combustion engines. I also suspect the majority of them will be sold to teenagers with fairly under-powered vehicles ;)

Actually this exists, but not for cosmetic reasons. Hybrid cars on their motors are just so silent that they're worried that someone (probably someone blind) will be hit by them.

Re: Tesla Smashes Earnings And Revenue Expectations

#27

Post by rdl »

grecy wrote: post #24
rdl wrote: post #19

If you've been in Silicon Valley for the past 6 months, this was obviously going to happen -- virtually everyone I know who could afford virtually any production supercar, and cares about cars, has or wants a Tesla. Not an R8, not a GTR, not a California, not a Panamera, not an M3, but a Tesla. As they ramp up their production (I think it's down to a few months wait), The only rich people (who own cars) not getting T…

Does anyone driving any of those super cars you mention park on the street?

Surprisingly often. If not routinely, they absolutely do during the day when visiting places.

Re: Tesla Smashes Earnings And Revenue Expectations

#28

Post by ajross »

ncavig wrote: post #15
mikeyouse wrote: post #9

A good article to help understand the massive afterhours movement: http://www.reuters.com/article/2013/05/08/autos-tesla-idUSL2... High-Level Summary: There was a ton of short-selling interest on TSLA (due to expectations of a big earnings miss). Almost 27% of the 115mm shares outstanding are currently being borrowed by short sellers. TSLA has more short interest by percentage than 98% of US stocks. Everyone was real…

This might be a stupid question, but as a Tesla stock owner, and (becoming more apparent ever day) naive investor, how do you find out this information and/or digest it so well? I'm mainly a google finance guy and had no idea so much of the stock was being shorted.

The cynical answer is that you specialize in post-hoc analysis like this. Predictions, after all, can be wrong. :)

This is true in general obviously, but investing specifically is filled with explanations like this that make sense only in hindsight.

Re: Tesla Smashes Earnings And Revenue Expectations

#29

Post by anateus »

The last several months in Silicon Valley I do not remember the last time I went outside for more than 5 minutes and not seen a Tesla. I noticed about a week ago I stopped caring, much as I do not especially remark on noticing a Honda or a Ford. That's a good sign, though likely very geographically localized.

Re: Tesla Smashes Earnings And Revenue Expectations

#30

Post by MartinCron »

olefoo wrote: post #10

Meh, Teslas are boring status mobiles now. If you like your electric cars to be interesting and exciting. Order an Arcimoto [1] instead. 1. http://www.arcimoto.com/

I would argue that something as fundamentally impractical as the Arcimoto is more of a status symbol than a family sedan.
Post reply on HN