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Tesla Smashes Earnings And Revenue Expectations

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Re: Tesla Smashes Earnings And Revenue Expectations

#131

Post by MichaelApproved »

vxNsr wrote: post #126
MichaelApproved wrote: post #114

Earlier quoted context omitted.

But OP isn't referring to insider trading. The comment was in regards to the timing of the information. The only time that I believe executives are restricted is during/after an IPO. Another issue is making sure that material information is disclosed properly. Elon was essentially hinting that they were going to have a really good quarter. That kind of information is material and would likely need to be disclosed pro…

I didn't know that, how does it work with interviews then? Do they like disclose all info that will be said in the interview beforehand? I don't know much about this either, I'm also incredibly curious...

As I understand it, the key phrase is "material information". Changing CEO, closing a plant, laying people off, better/worse earnings news, and sales figures are all examples of material information.

What likely happens is the company releases the material information through proper channels and then company representatives use that information as talking points during an interview. Some new information could be given during the interview but it's likely to be minor stuff like specifics on features for a product.

Re: Tesla Smashes Earnings And Revenue Expectations

#132

Post by twoodfin »

cloudwalking wrote: post #75
jonknee wrote: post #73

Earlier quoted context omitted.

> The Tesla Model S is an amazing car. But claiming that it's more convenient, or is a better car in every way but range, is a vast overstatement. It would be absolutely awful for me, and many other people with similar needs. Obviously convenience is different for different people. The OP is probably someone who finds car maintenance very inconvenient and as the owner of a used station wagon I am guessing you are not…

You never need to visit a gas station. That's 15 minutes per week that I'd save myself.

You really spend 15 minutes fueling your car?

Re: Tesla Smashes Earnings And Revenue Expectations

#133

Post by MichaelApproved »

tedreed wrote: post #107
MichaelApproved wrote: post #95

Earlier quoted context omitted.

Why, is there a quiet period just before the release of earnings?

I can't find a news story about the incident I'm thinking of, but there are SEC regulations about the release of information to investors. You basically have to try to ensure that they all get the same data at the same time.

One other point is that what you were referring to is not related to what OP was suggesting. You're talking about how the information is distributed. oP was referring to when it is distributed (too close to earnings).

I believe OP was wrong with regards to a restriction on when information can be released relative to earnings. Elon could have tweeted it a few days ago and it wouldn't have made a difference to the SEC in regards to the timing of the release.

Re: Tesla Smashes Earnings And Revenue Expectations

#134

Post by jimzvz »

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…

>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.

It is not the safest, it is not the fastest, it is not the roomiest, it is not the most fun to drive, it does not have the biggest storage, I am sure some evs match its noise levels, it isn't the most convenient, it isn't the least polluting (I am sure the manufacturing process is more polluting than many cars even when considering the entire lifetime of the vehicle).

If you mean that it is the best overall, then that is very subjective and there are plenty of other candidates.

>Tesla is ahead of ALL other vehicle manufacturers...

If you mean with regards to electric cars specifically then perhaps, but with cars like the SLS Electric Drive[1] in production, I am not sure this is accurate either. If you mean in general, then that is ridiculous.

I love electric vehicles and I am looking forward to when they, hopefully, replace ICE vehicles but your comment is ridiculous. It is better to be realistic about the state of the technology.

[1] - http://www.youtube.com/watch?v=IElqf-FCMs8

Re: Tesla Smashes Earnings And Revenue Expectations

#135

Post by Someone »

damoncali wrote: post #40
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…

If you've been in Omaha for the past 6 months, you more than likely do not know what a Tesla is. Be wary of the echo chamber.

Echo chamber, indeed. There are over 200 million cars in the USA vs fewer than 20 thousand Teslas. The Teslas are newer, so less likely to be kept in garages, but because of their range they also are less likely to be on the road for 10 hours a day.

So, I would expect that, on average, on the order of 1:10,000 cars on the road would be a Tesla.

If people say way more of them in California, there must be spots where people see fewer.

Re: Tesla Smashes Earnings And Revenue Expectations

#136

Post by brador »

PakG1 wrote: post #121
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"…

but I wouldn't bet on the gains in TSLA the stock tomorrow/in after-hours trading lasting for a long time. Depends on the future performance of the company. Netflix experienced one of these short squeezes in January. Look at their 6 month chart. http://finance.yahoo.com/echarts?s=NFLX+Interactive#symbol=n... ;

What caused that huge 80 point gain in feb?

Re: Tesla Smashes Earnings And Revenue Expectations

#137

Post by olefoo »

enraged_camel wrote: post #98
olefoo wrote: post #61

Earlier quoted context omitted.

I've driven one. They're fun, they tilt to the curve. And they're more practical for a single city-dweller. Also, whoever downvoted me... can we keep this civil please? That HACKER news is becoming a place where people downvote mentions of upstart disruptive competitors in an attempt to curry the favor of well funded established companies. Is just kind of, sad.

>>upstart disruptive competitors I downvoted you exactly for this reason: you seem to be under the delusion that Arcimoto is (or will be) a Tesla competitor.

Well, at least you have the stones to own your pettiness.

And in so far as they are aiming at different market segments, the two companies aren't direct competitors.

If you're looking for an in town runabout that's all electric and that you can eel in and out of the parking lot at Whole Foods on your way home from work... you probably don't want a Tesla.

Tesla's are for people who want to signal their wealth and power, for whom the transportation is a secondary consideration. They're cool, better than a Boxster; but they aren't exactly practical. They're for movie stars and banksters not people who build things.

Here's the thing though, I could see fabbing up a custom skin for an Arcimoto as weekend(s) project. Whereas with a Tesla, you'd feel like a jerk for touching Elon Musk's Work Of ART™ and that means the Arcimoto wins on hackability.

Re: Tesla Smashes Earnings And Revenue Expectations

#138

Post by mapleoin »

mikeyouse wrote: post #46
toomuchtodo wrote: post #13

Earlier quoted context omitted.

Elon Musk several days ago: EDIT: My mistake, this was said much longer ago (September 2012). I just read it recently. Thanks to batbomb for pointing this out. My apologies. “It’s doing pretty well actually given that we’re such a huge short position. In fact I think the short position may be as high as one can actually go. They literally hit the ceiling on the short position. The shorts are in it to the hills. I thi…

Up 26% after-hours almost certainly qualifies as a 'Tsunami of Hurt.' Some quick math for fun's sake: If the TechCrunch[1] article is still accurate, Musk owns 28.4% of TSLA. His paper-worth on this ownership this morning was $1.8B. If things stabilize at $70/share, his paper-worth tomorrow morning will be $2.3B. A notional profit of $500 million in 24 hours isn't too shabby. [1] http://techcrunch.com/2010/06/28/tesl…

> A notional profit of $500 million in 24 hours isn't too shabby.

It's not a 24 hours profit. He didn't buy that stock yesterday, nor could he have without making the price go a lot higher than 70$. You can't judge his profit on the short term.

Re: Tesla Smashes Earnings And Revenue Expectations

#139

Post by damon_c »

ricardobeat wrote: post #54
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/

You could at least have recommended a http://litmotors.com/c1/

This thing looks fun. It's like they took apart a Segway and put it back together "cool"!

Re: Tesla Smashes Earnings And Revenue Expectations

#140

Post by mikeyouse »

mapleoin wrote: post #138
mikeyouse wrote: post #46

Earlier quoted context omitted.

Up 26% after-hours almost certainly qualifies as a 'Tsunami of Hurt.' Some quick math for fun's sake: If the TechCrunch[1] article is still accurate, Musk owns 28.4% of TSLA. His paper-worth on this ownership this morning was $1.8B. If things stabilize at $70/share, his paper-worth tomorrow morning will be $2.3B. A notional profit of $500 million in 24 hours isn't too shabby. [1] http://techcrunch.com/2010/06/28/tesl…

> A notional profit of $500 million in 24 hours isn't too shabby. It's not a 24 hours profit. He didn't buy that stock yesterday, nor could he have without making the price go a lot higher than 70$. You can't judge his profit on the short term.

That's why I called it a notional profit and repeatedly referred to his net worth as 'on-paper'. Was that not obvious?

It's clear he doesn't have an extra $500mm in a checking account.

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