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Tesla to raise $1B

ir.tesla.com

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Re: Tesla to raise $1B

#51

Post by CptJamesCook »

ricardobeat wrote: post #48
CptJamesCook wrote: post #35

I just picked up my Model X after a week in the shop. They weren't able to finish all of the work, because "we are busy this time of year." They told me to bring it back in April. In about a year of ownership, this is the 3rd time I've lost the car for about a week. I probably should have brought it to the shop 3-4 other times, but I let the issues build up. They've had to replace all sorts of parts on my car, includ…

> The hood opened into a ceiling Is that a Model X issue? What would you expect to happen in another car?

Sorry, I meant the tailgate.

What happens is, you lift the tailgate a little bit and then the car takes over and opens the tailgate the rest of the way -- far higher than a person would do in a room with low ceilings. I let go of the tailgate and had no real way to stop it from opening itself the rest of the way into the ceiling.

Re: Tesla to raise $1B

#53

Post by CptJamesCook »

mikeash wrote: post #50
CptJamesCook wrote: post #35

I just picked up my Model X after a week in the shop. They weren't able to finish all of the work, because "we are busy this time of year." They told me to bring it back in April. In about a year of ownership, this is the 3rd time I've lost the car for about a week. I probably should have brought it to the shop 3-4 other times, but I let the issues build up. They've had to replace all sorts of parts on my car, includ…

They really overdid it with the X. Lots of cool stuff, but kind of impractical. I have an S, which I think they got just about right. I actually just drove it back from the service center, but the problems I've had have been fairly minor and the sort of thing you might expect from any car. I'm hoping that the strict cost target for the 3 will mean that it's simpler and and more reliable. Certainly there won't be craz…

Sorry, I meant the tailgate.

Re: Tesla to raise $1B

#54

Post by refulgentis »

TaylorAlexander wrote: post #8
marricks wrote: post #4

That went quickly from denying a capital raise to reality.

Elon said in a recent earnings call that, while they would probably be fine without a raise, they expected it would make investors more comfortable if they did a raise and thus might do one.

"Elon said..." has started enough apologies for Tesla's poor judgement that I've become numb to it. They're all of the form "while it may look like we're weak, actually...(poorly reasoned explanation for the weakness)", and it has been going on for years.

I hope they figure out car production by 2019.

Re: Tesla to raise $1B

#55

Post by RayVR »

corbett3000 wrote: post #9
Cookingboy wrote: post #6

As an investor of Tesla who bought into Elon's vision I've been getting more and more nervous about how the company is actually run at this point. A modern car company is as much of a production and supply chain company as it's a product and tech company. I get the feeling that due to Tesla being cutting edge in the tech department it led to all the supply chain/production problems being treated as if they are speed…

You're concerned with a 23% YTD return on the stock and a 600% return over 5 years? The market has a way of signaling if a company is totally screwed up. Looks like it isn't.

The water is warm. Come trade.

Re: Tesla to raise $1B

#56

Post by teslacar »

ISL wrote: post #31
corbett3000 wrote: post #9

Earlier quoted context omitted.

You're concerned with a 23% YTD return on the stock and a 600% return over 5 years? The market has a way of signaling if a company is totally screwed up. Looks like it isn't.

That return can only be realized if OP sells. It sounds like OP's intent was to buy shares in a long-term business/vision, not in a stock. In the long term, markets are a weighing machine, but in the short term, they are a popularity contest. In August 1998, YHOO traded under $10/share. In December 1999, YHOO traded at > $100/share, a > 1000% return over 16 months. From February 2001 to February 2003, YHOO traded und…

That is because Yahoo got overtaken by Google's superior ad platform and search. Tesla has no obvious viable competitors. It is a premium product that caters to a specific demographic, much like the iPhone in 2007.

Re: Tesla to raise $1B

#57

Post by dsacco »

corbett3000 wrote: post #9
Cookingboy wrote: post #6

As an investor of Tesla who bought into Elon's vision I've been getting more and more nervous about how the company is actually run at this point. A modern car company is as much of a production and supply chain company as it's a product and tech company. I get the feeling that due to Tesla being cutting edge in the tech department it led to all the supply chain/production problems being treated as if they are speed…

You're concerned with a 23% YTD return on the stock and a 600% return over 5 years? The market has a way of signaling if a company is totally screwed up. Looks like it isn't.

I suppose "the market" was collectively looking the other way for Bear Stearns in January 2007, when it closed on a record high? What was the market signaling about Enron in September 2000, little over a year before it collapsed?

Share prices can be fantastic while a company is horribly, even comically mismanaged. They soar right up until they don't.

Re: Tesla to raise $1B

#58

Post by majormajor »

ClassyJacket wrote: post #29
comboy wrote: post #10

Earlier quoted context omitted.

Can you explain why do you consider AP2 to be a downgrade from AP1? I thought it's everything AP1 has + more.

It will, but it doesn't yet. Cars with the second generation autopilot hardware were sold without any autopilot at all. It also had no auto park, no automatic headlights, no automatic wipers, no automatic emergency braking, no side collision warning, no lane departure warning, no automatic lane change, or summon. A 45Mph speed limited version of autosteer was enabled in an update, and maybe some of those other featur…

> no automatic headlights, no automatic wipers, no automatic emergency braking, no side collision warning, no lane departure warning

Wait, does this mean Tesla is currently selling a 100K car with none of those features, just a hopeful promise of them coming soon?

That's... interesting.

Re: Tesla to raise $1B

#59

Post by dmode »

revelation wrote: post #12
Cookingboy wrote: post #6

As an investor of Tesla who bought into Elon's vision I've been getting more and more nervous about how the company is actually run at this point. A modern car company is as much of a production and supply chain company as it's a product and tech company. I get the feeling that due to Tesla being cutting edge in the tech department it led to all the supply chain/production problems being treated as if they are speed…

AP2 is truly dangerous. It's incomprehensible they would release something like this: https://www.youtube.com/watch?v=UZ1XLqc5IUg I guess it's a good reality check for autonomous cars when you take away the LIDAR toys. One rather important point is that the car often doesn't realize it is screwing up, because quelle surprise, realizing you don't have a correctly detected lane can be just as difficult as detecting one…

AP2 is not dangerous. I use it everyday to commute 60 miles round-trip. It can become dangerous if you plan to use it the way it is not designed to.

Re: Tesla to raise $1B

#60

Post by lojack »

wlesieutre wrote: post #44
Cookingboy wrote: post #21

Earlier quoted context omitted.

Well judging by the percentage of their revenue from cars at this point they are undeniably a car company. Vision statements are predictive instead of descriptive. Apple can have a vision of building cars in the future but it doesn't change the fact that they are a consumer electronics company today . Vision is cheap, execution is where the money is at.

People aren't buying Apple stock because of what the company is today, they're buying it because of where they think Apple will be in the future relative to what they are now. In Apple's case, that future version might still be a consumer electronics company. Just one with (hopefully) innovative new products and a higher share price than you're buying in for. Given the Tesla's SolarCity merge, the associated solar sh…

Do you have stock in Tesla?
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