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Tesla Q1 2021 Results

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Re: Tesla Q1 2021 Results

#141

Post by azinman2 »

pa7ch wrote: post #102
azinman2 wrote: post #64

Earlier quoted context omitted.

So I just bought an ID.4 this weekend after seeing on HN on Friday that it launched in the US. I also test drove a Tesla Y just to double check Saturday morning before doing so. Tesla Y is for sure faster and the better drive. It's also like 10-15k more expensive and that's not even before VW's rebates. The interior was weird -- tiny headrests, tiny mirrors, and really poor back visibility. A giant screen in middle a…

I wouldn't just say 250 vs 350 is a wash on trips . While the Y isn't better then ICE for road trips its way better then the VW for EV road trips

My point being that neither of which I want to take on a road trip. For that very rare occasion (for me), I’d rent an ICE.

Re: Tesla Q1 2021 Results

#142

Post by azinman2 »

Drunk_Engineer wrote: post #92
azinman2 wrote: post #64

Earlier quoted context omitted.

So I just bought an ID.4 this weekend after seeing on HN on Friday that it launched in the US. I also test drove a Tesla Y just to double check Saturday morning before doing so. Tesla Y is for sure faster and the better drive. It's also like 10-15k more expensive and that's not even before VW's rebates. The interior was weird -- tiny headrests, tiny mirrors, and really poor back visibility. A giant screen in middle a…

As a former Audi owner, I would never ever buy anything from VW (certainly not after the dieselgate scandal). But good luck with your $45k purchase!

Why specifically? Don’t we want to support them in EVs?

Btw it’s -9k with rebates. But I also leased as I anticipate it being uncompetitive in 3 years. Everyone has EVs coming so the tech and competition will mature quickly. This is a first gen car for VW.

Re: Tesla Q1 2021 Results

#143

Post by RC_ITR »

ajross wrote: post #97
jocker12 wrote: post #33

Earlier quoted context omitted.

This is a very tricky presentation of the larger image. The document mentions the "Premium Sedan" category market, not the entire market. So looking at the Premium Sedan market share in the US (which is arguably the most important market in the world) the numbers show a 1% decline in sales for 2020 - "The midsized car segment continues to lose share in the US car market in 2020. Sales were down 22% in an overall mark…

It seems that in trying to debunk marketing spin you've deployed even worse spin of your own: > the premium sedan category (including Tesla 3) is declining overall Uh... wat? Model 3 sales are growing very rapidly! Trying to argue that they aren't because the category they are being compared to is not is... somewhat weird. I mean, look. The M3 is now selling more cars than Mercedes or BMW do in the same price segment…

I think the true “spin” is that you think the E Class and 3 Series are way more important than they are because they USED to be important. That’s the cache Tesla is using.

The Germans will admit the SUV are the US market (look at their lineup) and the day that the Y outsells GL class cars, then I’ll eat humble pie.

For Context: The SUV class of the same relative size sells about 3x the sedan.

https://www.businesswire.com/news/home/20210108005349/en/Mer...

Re: Tesla Q1 2021 Results

#144

Post by drexlspivey »

grey-area wrote: post #8
DarmokJalad1701 wrote: post #6

Earlier quoted context omitted.

> flat revenue for 3 years ??? 2018 - $21.5B 2019 - $24.5B 2020 - $31.5B 2021 (annualized) - probably $35-$40 B

That’s pretty flat compared to the share valuation.

This is peak HN, calling 30% annual growth on a $750 billion company flat

Re: Tesla Q1 2021 Results

#145

Post by discordance »

jgalt212 wrote: post #83
1970-01-01 wrote: post #24

Why is solar deployment measured in MW and not # of installs? It doesn't seem like the best metric for measuring growth.

more importantly, why is it in any economic to install solar cells on a home instead of at scale on a solar farm?

Economic for who?

Solar farms charge us grid retail prices everyday. Here in Australia, my payback time on home installed solar ended up to be 3.5 years. Not a bad investment.

Re: Tesla Q1 2021 Results

#146

Post by CyberDildonics »

arcticbull wrote: post #138
CyberDildonics wrote: post #118

Earlier quoted context omitted.

What law specifically are you referring to? Can you link to it?

Totally. That would be the Securities Act of 1933, the Securities Exchange Act of 1934, and 18 U.S. Code Sections 371, 1341, 1343, 1348, and 1349. I’ll leave it as an exercise for you if you’d like to read the full text but an analysis is available as [1]. There’s a reason Tim Cook isn’t out on Twitter shilling the companies Apple has invested in while selling their shares. I’m led to believe Club Fed isn’t all it’s…

Did you read your own link? It about "pump and dump" schemes and explains that they are fundamentally about false positive statements.

"Generally, securities fraud occurs when someone makes a false or misleading positive statement about a company or the value of its stock, inducing others to make a financial decision based on that false statement."

Re: Tesla Q1 2021 Results

#147

Post by anonymouse008 »

CyberDildonics wrote: post #146
arcticbull wrote: post #138

Earlier quoted context omitted.

Totally. That would be the Securities Act of 1933, the Securities Exchange Act of 1934, and 18 U.S. Code Sections 371, 1341, 1343, 1348, and 1349. I’ll leave it as an exercise for you if you’d like to read the full text but an analysis is available as [1]. There’s a reason Tim Cook isn’t out on Twitter shilling the companies Apple has invested in while selling their shares. I’m led to believe Club Fed isn’t all it’s…

Did you read your own link? It about "pump and dump" schemes and explains that they are fundamentally about false positive statements. "Generally, securities fraud occurs when someone makes a false or misleading positive statement about a company or the value of its stock, inducing others to make a financial decision based on that false statement."

This is Musk's exact defense - he very cleverly says nothing concretely positive about anything, and very specifically puts it in a public forum with Twitter.

It's quite brilliant, although maddening to folks with less of a stomach... which is why he's in the position he's in - he makes those grey-area decisions.

Where all of them add up in the future, only time will tell - but for now, results are squarely in his favor.

Re: Tesla Q1 2021 Results

#148

Post by vmception »

arcticbull wrote: post #88
Plough_Jogger wrote: post #5

One interesting tidbit: they appear to be reporting a $272M in revenue from the sale of Bitcoin holdings

This is a pretty big pivot from: "You can now buy a Tesla with Bitcoin... Tesla is using only internal & open source software & operates Bitcoin nodes directly. Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency" Turns out it will in fact be converted to fiat currency while Elon continues to pump his bags on Twitter. "What does the future hodl?" In any other asset class this would be bl…

A) Tesla Inc's own purchase of bitcoin's were traded at a profit, this has nothing to do with bitcoin they earned from people buying cars with bitcoin. That's not a pivot from anything.

B) Voluntarily disclosing you are buying something, which Elon and Tesla Inc did, has nothing to do with selling it. There is no regulation in the securities or futures market that would have changed that. You are suggesting a fictional higher standard exclusively for cryptocurrencies. In the securities market, disclosure for all trades exists when the owner is more than 5% or 10% of the total supply. There is no regulation that would have applied here even if crypto was regulated like securities or futures, except possibly the disclosure that they bought bitcoin into the company balance sheet because in 2020 that would be considered a material change for any equity investor. They filed the 8-K and posted on twitter to avoid non-disclosure scrutiny, and they get a nice pump out of it from people that derive their confidence in cryptocurrencies from S&P 500 CEOs.

C) You, again. Creating negative conflated conclusions for benign crypto topics, again. Why do you do that? There is a mild chuckle to be had about Tesla goosing earnings by flipping their bitcoin within a quarter, but adding all that extra fluff onto it? Why?

Re: Tesla Q1 2021 Results

#150

Post by nick_kline »

m463 wrote: post #67
reducesuffering wrote: post #37

Earlier quoted context omitted.

I'm surprised by how micro-managey Tesla is with their Model 3/Y prices. Most manufacturers release a static MSRP for that model year. However, Tesla the past year was dropping prices $500-$1,000 periodically. And then as of last month, has raised prices $500-$1,000 twice.

Now that you mention it - they're almost replicating the dealer experience. In the beginning Tesla's selling point was that they were not a dealer, you go to the showroom and there is no pressure because everyone pays the same price. Except with their pricing monkey business, you're replicating the same high-pressure "buy now before the price goes up"... for everyone. Aren't they over the hump? Can they get away from…

Every 2 or 3 months it changes for everyone when they +/- it by $500. It's not a negotiation. It is surprising to me they do this, I cannot understand the tweaking.
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