381–390 of 391 posts
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Do customers really believe the current exceptionally low oil prices are going to be a permanent feature?
Oil futures are under $40 all the way through the end of 2022: https://www.marketwatch.com/investing/future/clz22
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I differ, in that I don't think Steve Jobs had a clear vision that he could communicate to others. I think he was very, very gifted as someone who could see the right path forward, and he seemed to execute ruthlessly. The evidence I would put forth is that, in the decade since Steve Jobs died, Apple has added a watch to their lineup, and changed virtually nothing else. Their supply chain efficiencies might be better,…
> I differ, in that I don't think Steve Jobs had a clear vision that he could communicate to others. I never said he was a good communicator of vision. That said, just because Jobs failed to steer Apple from the grave isn’t evidence of failure on his part. The value of a person like Steve can’t be distilled into reproducible learnings—his value was in his ability to make real time decisions in service of a clear unif…
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Oil futures are under $40 all the way through the end of 2022: https://www.marketwatch.com/investing/future/clz22
I fully accept I may be wildly out of touch with the common man, but I tend to be thinking of 8-10 years product life when I'm considering the TCO of a new vehicle.
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> Tesla relies on high volume to make money; the other automakers are pricing EVs based more on margin. This is just wrong. Tesla relies on margin. The other automakers don't make money with their EVs for the most part. They make money with their ICE vehicles. > all the more cash rich automakers get time to catch up on R&D Actually all the other automakers are stripping their R&D programs and dropping new EV vehicles…
Tesla was stripping its R&D even before this pandemic though. They've cut R&D YoY from 2018 to 2019 which is basically unthinkable as a growth company.
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I love Shotwell, but there are a number of people who could do a fair job to run rocket operations. Its not like other rocket companies have major issues with running operations. The part that no other company can do is the part that Elon does, and that is ultimately why the operation side is so successful.
"Its not like other rocket companies have major issues with running operations." I think in light of the issues with SLS, you might want to reconsider this in terms of Boeing.
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I've always felt like the base Model 3 and base BMW 3 series were very comparable. Add in a couple of thousand, and the 3 looks like a bargain. That becomes a harder sell when the Model 3 is actually more expensive to operate, as it is in some places now. Its not that they are buying to save money vs the economical choices, but it does make a difference relative to their comps (RWD & AWD sport sedans).
Do customers really believe the current exceptionally low oil prices are going to be a permanent feature?
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I think those "special laws" harm me as an investor. Corporate speak does not make my job as an investor any easier.
As an investor in Tesla, it's easy to agree. As an investor in Enron, prior, I'm not sure.
I can be in favor of more free communication but still vehemently opposed to misreporting. For that matter, I think it is terrible that we don't require more details in financial statements as it is.
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Of course what Musk does matters. He's the CEO. And his erratic and reprehensible behaviour is degrading the Tesla brand as well as reaffirming the long held idea amongst shareholders that he is too unstable to be running the company.
As Peter Thiel famously said, "Never bet against Elon Musk." I'm a shareholder. I expect that Elon's leadership will make my shares go up an incredible amount in the future. I have over half of my life savings at stake on TSLA, so I have a lot of skin in the game. If you think he's so bad, why don't you short his stock? It would be fun to check back in six months and compare how we did!
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Tesla was stripping its R&D even before this pandemic though. They've cut R&D YoY from 2018 to 2019 which is basically unthinkable as a growth company.
I think R&D budget are a bit BS. The old companies still spend huge amounts on improving their ICE technology. Tesla is doing innovative stuff in production vehicles. For every other company half the tech in a Cybertruck would be R&D for most companies. Tesla just sees it as product development.
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I’d actually prefer to not own a car at all. Since I work from home now, and walked to work before, I’d rather just not have one. But I agree, the marginal value of nicer cars is questionable at best. The benefit of a Model 3 was mostly going to be tax rebates and access to the car pool lane for my wife in crowded Los Angeles.
It seems pretty impossible to go completely carless in Los Angeles. In somewhere like New York/Chicago/DC you could do it, but LA seems way to spread out to not have a car.
My wife on the other hand would need a career change.