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Tesla Smashes Earnings And Revenue Expectations

businessinsider.com

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Re: Tesla Smashes Earnings And Revenue Expectations

#141

Post by whatusername »

dirkgently wrote: post #115
whatusername wrote: post #55

Earlier quoted context omitted.

Hyperbole much? The model S is a great car. It has a great combination of features. But aside from maybe its dashboard -- I can't think of a single attribute where there isn't a car that specialises in that to beat it. An M5 is faster, a 911 is better looking, a Hilux has more towing capability, a Tarago has more passenger space, a ft86 is more tuneable, a Camry is cheaper, etc, etc.

Its funny you had to mention 5 or 6 different cars to cover all the aspects of Tesla's 'inferiority'.

As the comment response goes -- the GP was a great troll. "a better car in every single regard (except for range)" is pure nerd bait.

I'm not denying the Model S is a great package. It clearly is. It scores high on a number of features. But like in any complex market with lots of variables -- there are other choices. Even to go through GP's list: safer (Not sure what it has that is safer particularly?), faster (Not compared to M5, etc), roomier (My Navara carries more equipment, there are bigger sedans, tarrago, etc), more fun to drive (compared to a 911? Ferrari? ft86? LF-A? Lotus Elise?), has more storage (My Navara + Canopy wins here. Also Station Wagons etc), quieter (Nissan Leaf probably wins), more convenient (TO do what? Camping? Road Trip? Park overnight?), and less polluting (Nissan Leaf probably takes the cake here. Also - my Electricity comes from Brown Coal. It's about as polluting as Petrol/Diesel).

It's a bit like claiming the iPhone is better than every other phone in every way (except battery life). It's clearly not true. The Model S and the iPhone are great products - but "better in every single regard" is just pure nerd-bait.

Re: Tesla Smashes Earnings And Revenue Expectations

#142

Post by sbierwagen »

zevyoura wrote: post #85
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…

>If you don't take frequent road trips and have the ability to charge at home, the Model S is indeed very convenient--never have to worry about fuel and hardly ever have to worry about maintenance. Doesn't the maintenance bit kind of remain to be seen? It seems to me there are two factors working against each other there: the high failure rates in new product categories, and the low failure rates associated with a si…

The Model S is much, much, much simpler than a gasoline car.

  - No engine.
  - No fuel system.
  - No alternator, starter, or belts.
  - No oil.
  - Single speed transmission! No shifting, 
    no transmission fluid.
  - No fuel system.
  - Lower brake wear, thanks to regen braking.
The downside is that the battery costs ~$10,000 and has to be replaced every 8 years.

Re: Tesla Smashes Earnings And Revenue Expectations

#143

Post by PakG1 »

brador wrote: post #136
PakG1 wrote: post #121

Earlier quoted context omitted.

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?

http://money.cnn.com/2013/01/24/investing/netflix-stock/inde...

Re: Tesla Smashes Earnings And Revenue Expectations

#144

Post by pfortuny »

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…

Hedge fund managers and traders will try time and again to convince people that their job is not 'gambling'. They are having a tough time, though.

Some of them are really not gamblers but man, there are so many many of them willing to play with other people's money.

As long as they have zero-risk (zero responsibility, that is), they will gamble on.

Re: Tesla Smashes Earnings And Revenue Expectations

#145

Post by eru »

btilly wrote: post #124
pyoung wrote: post #100

Earlier quoted context omitted.

Without quantifying the risks involved with your trading strategies, it is impossible to say whether you are beating the risk-adjusted returns of an index fund. Additionally, I am pretty sure index funds, even without risk adjustments, have been proven to be better investments in the long term than any actively managed strategy. And this holds regardless of the experience of the investors. There are always going to b…

There are always going to be a few exceptions to the rule... Back when I lived in NY and worked in bond markets, an interesting study came out evaluating active mutual fund managers. A chance distribution was able to account for all but 2 at a 95% confidence level. Those two exceptions were named Peter Lynch and Warren Buffett. Peter Lynch unfortunately retired from active investing, and his advice is that people sho…

Warren Buffett has another advantage: He realized the value of financing his investments with insurance floats earlier than the rest of the world did.

Re: Tesla Smashes Earnings And Revenue Expectations

#146

Post by cloudwalking »

twoodfin wrote: post #132
cloudwalking wrote: post #75

Earlier quoted context omitted.

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?

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

Re: Tesla Smashes Earnings And Revenue Expectations

#147

Post by matwood »

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?

If you worry about parking on the street then you can't afford the car.

Re: Tesla Smashes Earnings And Revenue Expectations

#148

Post by [deleted] »

mikeash wrote: post #48
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…

Range and price, both of which are pretty important, especially the second.

[deleted]

Re: Tesla Smashes Earnings And Revenue Expectations

#149

Post by downandout »

GAAP profit was $11 million. Zero emission vehicle (ZEV) credits sold to other automakers amounted to approximately $68 million. In other words, taxpayers gave $68 million to Tesla this quarter. Without this taxpayer gift, which will be drastically reduced going forward, they would have posted a loss of $57 million this quarter. Not fantastic.
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