Mega Thread for Tesla Investors

I wouldn't expect Twitter to have any such. Why would it? That's a problem external to Twitter.

Seems pretty easy to set up, to me. Elon sends whatever he wants to go to twitter either by text to the poor saps fearless employees appointed as his censors, or more likely into some sort of e-mail queue where it will stay until one of the people appointed to monitor his tweets checks it out and either sends it on to the twitter account, or deems it unworthy and deletes it. Of course, Elon would have to give them access to his twitter account, but that's trivial... at least, trivial for setting it up, but perhaps not so trivial for Elon being willing to put others in control!
Hummmm, "Elon Tusk", the newest member of Twitter?

Bob Wilson
 
I just ran the numbers for Huntsville-to-Stillwater for a 220 mile, standard range Model 3:
  • 151 mi - Tupelo MS(**), 30 min. charging adds 100 mi range
  • 95.6 mi - Memphis TN, 1 hr. charging adds 200 mi range
  • 161 mi - Little Rock AR, 1 hr. charging adds 200 mi range
  • 186 mi - Fort Smith West (*), 2 hr NEMA 14-50, charging adds 100 mi range
  • 88.1 mi - Catoosa OK, 30 min. charging adds 100 mi range
  • 83.7 mi - Stillwater
767 mi total - 12 hr 6 min driving
trip duration - 16 hr 6 min

Bob Wilson

* - a planned SuperCharger in Fort Smith would cut charging time from 2 hr to 30 min.
** - slightly slower driving in fair weather and we can drive direct to Memphis and save 30 miles and save more close to 1 hr.
 
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Ran out of customers and money, did you now? Falling sales, no economy of scale. The $35k car (is it really) will devastate your margins.
Well I find it easy to switch from an investor to a customer. You won't understand but life does not require your understanding.

The $3,750 tax credit is good through the end of June so the key is to place the order with enough lead time to get the car by then. The tax credit applies to the 2019 taxes filed in 2020.

I ran the configuration tool:
  • $39,500
  • blue paint
  • dynamic cruise control and lane keeping
Placed my order at 7:33 PM (CST). Put it on the lowest rate card. WOOOPEEEE!

Bob Wilson
 
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AHA! Pushy FTW!

It was only yesterday that I posted this comment to an InsideEVs news article:


Yup, we can be sure that the hardcore serial Tesla bashers already have their goal-post-moving comments written in advance for when Tesla does finally start selling the $35k Model 3. The serial Tesla bashers will instantly change from “Tesla will never sell the $35k Model 3” to “Tesla is now so desperate for sales that they’re selling the Model 3 at a loss.”

You read it here first. Well, I’m probably a long way from the first to predict that… but at least, you read it here in advance. ;)

Pushy shoots... he scores! The crowd goes wild!



Or, maybe... it's just that serial Tesla bashers are soooooooooo predictable!
:cool:
 
Electrek has the right headline today though. Fred has changed color after he got a taste of his own Model 3 in Canadian winter.

Tesla changes entire sales strategy, makes sales online-only, closes stores w/layoffs

"Stores closing" across America. I am somewhat saddened to see another American company go down the drain.
But the business model based on subsidies and fooling fan boys was inevitable to come to an end.

Investors can sniff blood now..:(


From a reputable news site:
https://www.bloomberg.com/news/arti...3-nearly-three-years-after-debut?srnd=premium
Musk Warns of Loss as Tesla Winds Down Stores, Cuts Model 3 Cost
By Dana Hull and om Randall
February 28, 2019, 2:04 PM PST Updated on February 28, 2019, 4:44 PM PST

  • Shift to online-only orders reduces prices about 6% on average

  • Stock drops as CEO says first-quarter profit improbable
Comical Gene Munster at his best in the video :)

It's over.
 
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But we can't let Mr. Shorty Pants control the conversation here.

Let's give a proper celebration to Tesla putting the $35k Model 3 into production!









Keep going Tesla!
 
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My expectation is this news will drive the stock price down (and I'll score.) The Q1 production numbers will come out early in April and TSLA prices will recover. Next the Q1 financials will come out early in May when we'll get better insights to margins and markets. Win-win-win.

Bob Wilson
 
Electrek has the right headline today though. Fred has changed color after he got a taste of his own Model 3 in Canadian winter.

Tesla changes entire sales strategy, makes sales online-only, closes stores w/layoffs

"Stores closing" across America. I am somewhat saddened to see another American company go down the drain.
But the business model based on subsidies and fooling fan boys was inevitable to come to an end.

Investors can sniff blood now..:(


From a reputable news site:
https://www.bloomberg.com/news/arti...3-nearly-three-years-after-debut?srnd=premium
Musk Warns of Loss as Tesla Winds Down Stores, Cuts Model 3 Cost
By Dana Hull and om Randall
February 28, 2019, 2:04 PM PST Updated on February 28, 2019, 4:44 PM PST

  • Shift to online-only orders reduces prices about 6% on average

  • Stock drops as CEO says first-quarter profit improbable
Comical Gene Munster at his best in the video :)

It's over.

Well Tesla just showed us they are in the game to win. Did you increase your short position?
 
Well Tesla just showed us they are in the game to win. Did you increase your short position?
He'll have to wait until the market opens. Some after hours trading reports are in the $305-310 range. I'm hoping to see $280 but that may be too optimistic. I'll probably adjust it up Monday morning.

Bob Wilson
 
He'll have to wait until the market opens. Some after hours trading reports are in the $305-310 range. I'm hoping to see $280 but that may be too optimistic. I'll probably adjust it up Monday morning.

Bob Wilson
I thought it might hit the $280 mark as well, but so far it seems to be holding at $294. To my mind, the drop is mostly down to the announcement of no Q1 profit, along with some uncertainty about putting all sales online.

I think it's a radical solution to the problem of getting price down to $35K for base Model 3, but it has a solid chance of success. Tesla sales are already mostly online -- somewhere in the order of 75-80%. Headcount will be increased in service where it is needed -- I actually got to ask Musk about this angle -- and lots of expensive leases will go away.

Bottom line is buyers who have been sitting on the sidelines -- I have an excited friend texting me about getting one as I type -- will now jump in. There is no better electric vehicle value on the market, and these changes allow for improvement in service, which has been spotty (excellent for some, long waits for some).

One other point, now with all sales online, probably fewer extra inventory cars made.
 
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Well Tesla just showed us they are in the game to win. Did you increase your short position?
Oh yes, I did 2 days ago when Mr. Tusk gave us the mini pop with his twitter shenanigans. I even said so up thread. Was waiting for the disappointment/bad news.

You guys amaze me everyday. "Tesla invented new online sales". LOL. Cars are not for online sales. Trade in, evaluation of the trade in, test drive, little nudging to upgrade stuff, etc. are all gone. If it was better, Tesla would've doen that already in many years, don't think so? Are you saying Musk was so dumb to not do that if it was better?
Just imagine KMart saying "Closing all US stores. Will only sell online.". And for KMart merchandise, selling on line makes even sense. For cars? Not a chance.

I see Elon eventually going begging to Autonation to also sell Teslas. Now that Tesla critic Bob Nardli is no longer Autonation CEO, that can be a way out of this.

Unfortunately, there isn't many people waiting for the $35k car. It was also to be WITH $7500 credit.
Just look at the page views of the '$35k model 3' thread on this forum itself.
It's so bad, Tesla already sent me email to come try the $35k model 3!

I'm thinking, I will just ride it down to $0 this time.
Oh, BTW, by how much did MOdel 3 beat Camry and Civic last month in US sales?
 
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Oh yes, I did 2 days ago when Mr. Tusk gave us the mini pop with his twitter shenanigans. I even said so up thread. Was waiting for the disappointment/bad news.

You guys amaze me everyday. "Tesla invented new online sales". LOL. Cars are not for online sales. Trade in, evaluation of the trade in, test drive, little nudging to upgrade stuff, etc. are all gone. If it was better, Tesla would've doen that already in many years, don't think so? Are you saying Musk was so dumb to not do that if it was better?
Just imagine KMart saying "Closing all US stores. Will only sell online.". And for KMart merchandise, selling on line makes even sense. For cars? Not a chance.

I see Elon eventually going begging to Autonation to also sell Teslas. Now that Tesla critic Bob Nardli is no longer Autonation CEO, that can be a way out of this.

Unfortunately, there isn't many people waiting for the $35k car. It was also to be WITH $7500 credit.
Just look at the page views of the '$35k model 3' thread on this forum itself.
It's so bad, Tesla already sent me email to come try the $35k model 3!

I'm thinking, I will just ride it down to $0 this time.
Oh, BTW, by how much did MOdel 3 beat Camry and Civic last month in US sales?
No one said Tesla invented online sales.

K-Mart doesn't sell online because it went bankrupt after customers chose online buying at Amazon.

Camry and Civic are in a different segment.

You should ride to $0.
 
To my mind, the drop is mostly down to the announcement of no Q1 profit, along with some uncertainty about putting all sales online.

<snippage of good stuff>

...have an excited friend texting me about getting one [Model 3] as I type...

Yup. Short term loss for Tesla as the company adjusts to some significant changes, but long-term this will probably put Tesla on an even more solid financial footing. Shorters can rejoice over short-term gains; long investors can rejoice about the improved long-term lookout.

Everybody wins! :)

...well, except for Mr. Shorty Pants and his fellow long-term TSLA shorters, who are more or less guaranteed to lose money over time.

0178.png
 
Concerned that some folks might not realized what has happened, I scarfed up some TSLA shares at $295.

Bob Wilson
 
Yeap, scored my 'rounding' stock:
  • 50.0% - KL, gold mining stock
  • 50.0% - TSLA, car manufacturing stock
Looking into the future:
  • Gold is the inflation protector while we're running record Republican deficits.
  • Tesla will in ~30 days release Q1 manufacturing numbers with queues to Europe and Asia filled. Q1 is already predicted by Musk to be a loss but in ~60 days we'll also see their debt and income numbers.
Bob Wilson
 
https://finance.yahoo.com/news/ntsb-opens-investigation-fatal-tesla-030028062.html
U.S. safety agencies to investigate fatal Tesla crash in Florida
WASHINGTON (Reuters) - The National Highway Traffic Safety Administration (NHTSA) and the National Transportation Safety Board (NTSB) said they are sending teams to investigate a fatal crash in Florida on Friday involving a Tesla Inc car and a semi-trailer.

The two agencies are investigating several crashes involving the use of Tesla's driver assistance system Autopilot including a fatal crash in California in March 2018. NHTSA, the auto safety regulator, can demand a recall if it believes a defect poses an unreasonable risk, while the NTSB makes safety recommendations.
 
U.S. safety agencies to investigate fatal Tesla crash in Florida

If this is real news, then why can't you find a legitimate news site to link to? Yahoo Finance isn't a real news site any more than Reeking Alpha is, and is just as infested with anti-Tesla FUDster trolls.
 
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Tesla's promise of 'full-self-driving' angers autonomous vehicle experts
https://www.cnn.com/2019/03/02/tech/tesla-full-self-driving/index.html

Tesla is selling its cars with the option of "full self-driving capability," a feature that's drawing criticism from experts on self-driving technology. They say CEO Elon Musk is playing fast and loose with definitions, overselling the technology and potentially creating safety issues.

Meanwhile, Tesla fan boys burn to crisp, stung by price drops on a non -existent vapor ware feature called FSD sold by Elon for years!
The lemmings stiil don't get it that it is really worth $0. But some seemingly realizing they have been shafted.
 
Another fanboy burns and screams.
https://twitter.com/TitusNation/with_replies

I hear similar stories about Model 3 club on Facebook and EU fan sites. Now wait for the service centers to close.
A "do it yourself" manual and no service center will lower model 3 price further to $30k, so people in Africa can also drive them :)

"Buy the car; return in 7 days if you don't like' is yet another Elon scam. But he will hold the money for 8 weeks or longer, while you keep paying interest on two loans, not knowing if Tesla goes bankwupt with you holding two loans :) What a feaking dumb scam. Till there are fools like @bwilson4web who bite into such scams,these will keep going I hope, he is learning how to fix his Model 3 car by himself.
 
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