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Tesla Smashes Earnings And Revenue Expectations

businessinsider.com

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Re: Tesla Smashes Earnings And Revenue Expectations

#171

Post by southphillyman »

dangrossman wrote: post #66
anateus wrote: post #29

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.

> though likely very geographically localized I live a bit outside Philadelphia (but visit the city proper often), and haven't seen a Tesla here yet.

Lower Merion resident here. I see them from time to time in my area and on 476. Have not seen them in Philadelphia proper yet.

Re: Tesla Smashes Earnings And Revenue Expectations

#172

Post by Retric »

damoncali wrote: post #36
ncavig wrote: post #15

Earlier quoted context omitted.

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.

Forgive the unsolicited advice, but I think that's the wrong question. First ask yourself what you'd do with that information. Then think long and hard about indexing your money. Read up on portfolio theory and you will see that it's incredibly difficult (some say impossible) to beat the risk adjusted return of the market (at least not on purpose). It turns out if you are not in many stocks - 40+ (the exact number de…

The only theoretically better option than an index fund is to go fully random assuming a low enough transaction costs.

Re: Tesla Smashes Earnings And Revenue Expectations

#173

Post by joshdance »

olefoo wrote: post #137
enraged_camel wrote: post #98

Earlier quoted context omitted.

>>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 powe…

What makes them not practical? They are more practical for a majority of people, who drive to work, drive home, and drive around the city on weekends.

Re: Tesla Smashes Earnings And Revenue Expectations

#174

Post by krschultz »

lambda wrote: post #67
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…

> in every single regard (except for range) And price, and convenience. > more convenient No it's not. The lower range, low number of charging stations, and long charging times make it quite inconvenient for long trips. I bought a used car 3 years ago for less than the cost Tesla charges for replacing the batteries on its car (which you are estimated to need to do after about 8 years). This car is a station wagon, so…

Look if you are comparing a station wagon to a Tesla, you are just not even close to their target market. A BMW M5 sucks for camping too, and it has nothing to do with the range.

Re: Tesla Smashes Earnings And Revenue Expectations

#175

Post by freehunter »

SPSteinbeck wrote: post #151
cloudwalking wrote: post #146

Earlier quoted context omitted.

You have to drive to the gas station and then drive home.

That's not how it usually works Mr. Ignorant.

If you have to go five minutes out of your way then spend five minutes filling up, that's fifteen minutes. That's not uncommon, not everyone has a gas station on their route to and from every place they go.

Re: Tesla Smashes Earnings And Revenue Expectations

#176

Post by akgerber »

technoslut wrote: post #106
rdl wrote: post #49

Earlier quoted context omitted.

Most of the people who can afford 100k cars (and/or who would be willing to buy 100k cars) live in SF, LA, NY, Boston, DC, etc. now. A better argument is that the total number of cars sold in those markets is like 1-2mm out of the 10mm US market, but even if Tesla just becomes Audi, that's pretty successful. Another thing about high cost of living in places like that is maybe you're willing to spend 10% as much on a…

I'm in NY and I've seen very few Teslas. I'm guessing the three biggest reasons why are the small amount of fueling stations compared to California, the controversial NYT review and just simply trusting what you're used to instead of living off the bleeding edge.

New York (City) is, quite simply, a very different market than California. Most people who park on the street want a car they are comfortable taking a lot of damage on (and can't charge the car), and most garages in NYC are very old, very tightly packed (by valets that move the cars around often), and unlikely to have electrical charging stations.

Moreover, many cars are mostly used for weekend road trips, when range is a paramount concern.

Re: Tesla Smashes Earnings And Revenue Expectations

#177

Post by chrisgd »

jtlein wrote: post #104

I guess it's a California thing. You have to believe in global warming (In the mid-west we have had 20 degrees below normal now for 3 months and snow of 14 inches in May). My practical side says the Tesla is nice but if fighting CO2 is your aim you could buy a $20K Honda accord and convert it to run on ammonia ( nearest practical gas to hydrogen). Ammonia is already piped all over the midwest and in contrast to grid…

Climate change can mean snow in May as well as heat in December.

Re: Tesla Smashes Earnings And Revenue Expectations

#178

Post by codex »

smackfu wrote: post #169
cheapsteak wrote: post #167

Earlier quoted context omitted.

Could you explain how the money other automakers paid Tesla for ZEV credits is paid by taxpayers? Also why would this 'gift' be drastically reduced? I thought ZEV quotas were rising.

Yes, I think the parent may be confusing the ZEV credits with tax credits. Car manufacturers (in California at least) have to make a certain number of cars with low and zero-emissions. For 2012, I think it's 13%. Tesla makes 100% of their cards as ZEV, so they take 87% of their credits and sell them to other manufacturers who don't sell enough low emissions vehicle, or who sell no ZEV. The important point is that the…

By increasing vehicle prices, these ZEV credits do, in fact, cost taxpayers. But that's a price everyone has to pay for their own carbon emissions.

Re: Tesla Smashes Earnings And Revenue Expectations

#179

Post by ktf »

count wrote: post #57
enraged_camel wrote: post #11

Earlier quoted context omitted.

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.)

Here's the gist, in simplified terms. I assume you understand what stock and stock brokers are... You can 'short' a stock that you think is going to lose value (e.g. you expect a major earnings miss to be reported). Shorting a stock means you borrow a share from (generally) your broker at todays price. You then sell that share to someone else for market price. At a determined date, you have to buy another share at ma…

Great explanation, thank you!

Re: Tesla Smashes Earnings And Revenue Expectations

#180

Post by enraged_camel »

olefoo wrote: post #137
enraged_camel wrote: post #98

Earlier quoted context omitted.

>>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 powe…

You sound like you have a chip on your shoulder. Either that, or you are affiliated with Arcimoto.
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