61–70 of 299 posts
The Shanghai Gigafactory going from breaking ground to production ready in 10 months is staggering. Has anything like that been accomplished in NA in the last 10 years?
Or it might just be that most of our growth isn't in things we build, and instead in intangible services.
Probably both.
$143M GAAP / $342M Non-GAAP Net Income. $371M free cash flow. GAAP Gross Margin 18.9%. That is before G3 comes online which will, I believe, have an upward case for margins. That is the big news here today. And that is really great news for Tesla. Over $5.3B cash on hand. TSLA is in an amazing position going into Q4 and 2020. Highly confident of exceeding 360k deliveries for 2019. Just an amazing run up to the end of…
I don't mean to lecture or suggest your decision is unsound, but note that the expected opportunity cost of investing in any given stock vs. an index ETF over 9 years is about an 85% return.
I think it's on page 24, but I don't know how to read it.
Ycharts says 13B - https://ycharts.com/companies/TSLA/total_long_term_debt
The Shanghai Gigafactory going from breaking ground to production ready in 10 months is staggering. Has anything like that been accomplished in NA in the last 10 years?
The Foxconn Wisconsin plant had the full support of the executive branch + billions in welfare from the local/state governments and even then they haven't started to working on it primarily due to the significant business risks and high costs of employing labour in America and general uncertainty around manufacturing anything state-side: https://en.wikipedia.org/wiki/Foxconn%27s_Wisconsin_plant Even the Chinese can't…
There's been substantial uncertainty in Foxconn's genuine commitment to the project.
It's been heavily reported on that Foxconn is notorious for failing to follow through on its promises.
e.g. https://www.cnbc.com/2017/07/27/heres-whats-worrisome-about-...
There's been some great podcasts on the topic. Last I heard Foxconn kept changing their plans of what would actually be manufactured in WI. Initially it was high-tech state of the art stuff, last I heard their plans had shifted to manufacturing somewhat legacy flat panel display technology. I stopped following the story sometime last year though, at the time it sounded like Foxconn was really shafting WI.
It benefits Foxconn to drag their feet in executing on what amounts to nothing more than a handshake deal. The more WI invests in that project the stronger Foxconn's position becomes.
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your full disclosure is really sad. You are buying into a cult with some life changing saving (kid's college) It might work though as long as there are enough investors believing in this irrational cult (the bigger idiot theory). You don't want to be the last one holding the bag. Edit2: Removing the downvote comment and adding why I think they are overvalued: They did a very good job capturing the early market given…
man, i downvoted you (and usually i strongly dislike and avoid meta discussions on downvoting or being downvoted, yet it seems here it warrants an explanation, at least i'd have liked if somebody gave me a one in a situation like yours) because you're making gross logical mistake: > You are buying into a cult with some life changing saving (kid's college) he never said that he is using kid's college savings and/or li…
How can I not bet with someone like Elon Musk? Why bet against him? I want to live in the world where Elon and Tesla succeeds. It’s a win-win that I could personally profit from it too.
Very rarely do we get a company IPOing so early in their lifespan with real ideas and plans to change the world, and the intellectual capital to possibly even succeed. I think it’s a once in a decade opportunity. I hate being a skeptic against someone with an actual positive vision for the future and a strong theoretical backing of how they will get there.
The idea that Toyota is going to eat their lunch to me flies in the face of everything we know about innovation and company culture. The legacy companies are frankly totally blindsided by this EV revolution.
While legacy auto employee unions strike, and legacy auto company plants close down, TSLA moves from a 3% SAM to a 30% SAM (by adding trucks and crossovers to their served market) over the next 3 years.
If their truck is as revolutionary in that market segment as the Model 3 is in its market segment, they won’t even need Robotaxi to hit a market cap of $200B.
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I actually know somebody who did this but for AAPL many years back. At the time, I too thought he was insane, but it worked out very well for him. A propos TSLA price, the problem is they are about to face a lot more competition from companies with sophisticated, established, distribution networks, etc.
This is exactly what I think. They did a very good job capturing the early market given the void left by traditional auto makers. The next 5 years will be very tough. They will be competing on the efficiency of the production chain. Toyota and Volkswagen are unbeatable at that game. Regarding your story with AAPL: Good for him but how many others will we never hear about? Betting everything on a single stock is the n…
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I bet ARK is really pissed they sold 150,000 shares ($39M) yesterday. https://www.businessinsider.com/tesla-investor-ark-trims-sta...
Meh: "Shares of Tesla are down 23% since the beginning of the year."
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I don't mean to lecture or suggest your decision is unsound, but note that the expected opportunity cost of investing in any given stock vs. an index ETF over 9 years is about an 85% return.
why did you pick 9 years? When you use an arbitrary number like that, it looks like cherry picking.