Tesla stock price

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marshall said:
almost 20% of their automotive gross profit came from regulatory credits
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Good point!
  • Automotive regulatory credits: $890 m
Being an air breathing creature, the stink comes from ICE traffic. Sometimes, I have to drive with the air conditioner in recirculate to minimize breathing car fumes. Then my Aunt's catalytic converter was stolen from her Prius. Only when traffic is thin, can I drive around with the windows down. IMHO, the emissions fines should be higher:

General Motors (GM) will pay $146 million in penalties after an investigation found 5.9 million of the company’s vehicles put out excess greenhouse gas emissions,​

So I have no problem with Tesla selling emissions credits. Let the air polluters pay for their stink. I'm old enough to remember:
upload_2024-7-25_9-42-3.webp
Air pollution that in 1972 was worse than the Marine gas hut training . . . and no exit.

Bob Wilson
 
R P said:
focus on FSD
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I bought my 2019 Tesla Model 3 and paid $1,200 extra for AutoPilot. I was 69 at the time and knew with age, my vision would weaken, reaction times longer, and the other infirmities of age. I wanted an automated car to make up for the ravages of time.

BTW, I paid $6,000 in October of 2019 for Full Self Driving. Version 12 is bringing the improved performance over AutoPilot I've already paid for.

Bob Wilson
 
Bruce M. said:
Meanwhile, Musk's latest imitation of an unguided missile apparently has SpaceX employees headed for the exits.
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Not everyone wants to move to Texas. Some would rather stay and accept another job offers. For example:
  • 1975 - fired the Marine Corps and worked at Comnet
  • 1978 - fired Comnet and worked for General Electric
  • 2000 - fired General Electric and worked for Boeing
  • 2016 - continuous employment even as contractors swapped contracts until retirement
Elon recently cut 10-14% of Tesla employees and curiously, 1 of his 10 kids, rejected him. The move the Texas will filter out those unwilling to move. (OMG! Selling a California house will be a mansion in Texas!)

Bob Wilson
 
Opps! I forgot about this order that had a 60 day limit:

Transaction type: Buy
Order type: Limit
Security: TESLA INC (TSLA)
Quantity: 2 share(s)
Price:* $184.96​

Bob Wilson
 
R P said:
Should be a very interesting discussion, esp given what's going on these days, and now in the UK. I don't think it will be much about cars.
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After Trump vows his newfound love for EVs, there will probably be an hour of discussion about AI-generated crowd sizes.
 
bwilson4web said:
I understand there were 'technical difficulties.' I don't know because I had dogs to walk, errands to fulfill, and supper to fetch. I knew it would be recorded: https://x.com/realDonaldTrump/status/1823144316014911820

Bob Wilson
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I only had time to listen to the 1st hour or so, and may watch the rest later from the recording. Very friendly interview, seems like Musk and Trump mostly agree on the causes of inflation and the bad economy, and what needs to be done to fix it. There was discussion on how much waste there was in government these days, and Musk even offered to help fix it. I thought that was pretty interesting. He obviously has had experience with that.

I see TSLA is up today, so obviously the interview did not negatively affect the stock price.
 
As penitence for suggesting it, I am thinking about making an outline with time stamps and duration. A dirty job but someone has to do it.

Bob
 
bwilson4web said:
I noticed the stock price is a little weak with fluctuations. Perhaps a result of:

Musk will be interviewing Trump on Monday, Aug. 12 at 8 p.m. ET.​

Bob Wilson
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lol..what a joke, Now Trump likes EVs but on Elons evs beause Elon is sending him money.

Total goofballs both of them. Teslas sales still falling like a rock.. it's stock prioce down 16% this year
206.83 USD-41.59 (-16.74%)year to date

Trump edia is just pure scam .. 16 million loss on earnings of 836K ..


Trump Media reported a loss of $16 million in its first full quarter as a publicly traded company Friday, earning just $836,900 for the period ending June 30.

MAGAS are fools and it's a shame because so many will lose money on Trumps bluster and Trump will be the one lining is pockets because they believe his bs
 
R P said:
I only had time to listen to the 1st hour or so, and may watch the rest later from the recording. Very friendly interview, seems like Musk and Trump mostly agree on the causes of inflation and the bad economy, and what needs to be done to fix it. There was discussion on how much waste there was in government these days, and Musk even offered to help fix it. I thought that was pretty interesting. He obviously has had experience with that.

I see TSLA is up today, so obviously the interview did not negatively affect the stock price.
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Well, I did watch the remainder of the interview. Lots of topics covered, with nothing really new to my understanding. The most interesting thing for me was how aligned Musk was with all of Trump's views and plans to fix the country if he wins the election. Not much daylight between these two. Not sure if Musk is sucking up to Trump believing he will win, or has he just come around after seeing what has been going on these last 3.5 years. I think a bit of both. Have to remember that both of these were Dems before, Musk until very recently, and Trump before he got into the Repub primary battle. And both now believe they are not only trying to save America, but the world.

As for TSLA, having a good day today, although I doubt it has anything to do with the interview.
 
Markets Up..TSLA down again..

upload_2024-8-14_13-34-41.webp


The reality is that Teslas are not selling (Musk stuck his nose in Politics and lost half his customers.(he's sucha genius :rollseyes:) , they have lost masive market share and what they are selling is with big markdowns which means PROFT Margins SINK..

Everyone knows this is reality ..
 
OneEV said:
Markets Up..TSLA down again..
The reality is that Teslas are not selling (Musk stuck his nose in Politics and lost half his customers.(he's sucha genius :rollseyes:) , they have lost masive market share and what they are selling is with big markdowns which means PROFT Margins SINK..
Everyone knows this is reality ..
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I don't think the stock price has anything to do with Musk's politics. It is about the slowness in replacing the aging (dare I say obsolete) fleet, esp need a low price model. He has no choice but to keep marking down the old models to move them out of the factories. He is cutting production and costs as best he can to get by until he can produce cars that buyers want these days and keep up with the competitors.

And Musk's big reliance on FSD and Robtaxis this fall could be another big fail and hit to the stock price. From now to the end of the year I don't see any good things happening with Tesla. I have said a few months ago that I would not be surprised to see the stock get down to $100 by the end of the year. I still think that.

Having said all that, it is never a good idea for corporations to get involved in politics and take sides. You will just piss off half your customers no matter which side you pick. Best to focus on your products and services, and give your customers what they are looking for.
 
R P said:
I don't think the stock price has anything to do with Musk's politics. It is about the slowness in replacing the aging (dare I say obsolete) fleet, esp need a low price model. He has no choice but to keep marking down the old models to move them out of the factories. He is cutting production and costs as best he can to get by until he can produce cars that buyers want these days and keep up with the competitors.

And Musk's big reliance on FSD and Robtaxis this fall could be another big fail and hit to the stock price. From now to the end of the year I don't see any good things happening with Tesla. I have said a few months ago that I would not be surprised to see the stock get down to $100 by the end of the year. I still think that.

Having said all that, it is never a good idea for corporations to get involved in politics and take sides. You will just piss off half your customers no matter which side you pick. Best to focus on your products and services, and give your customers what they are looking for.
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Multiple factors can be involved. It's absolutely true that Tesla's increasingly stale and aging model lineup is a problem, with the number and variety of competitors increasing steadily. But I wouldn't entirely discount Musk's politics. MAGA types tend to be unfriendly to EVs, and more environment/climate-conscious folks have been a major constituency for them, so Musk's politics has to be alienating some potential buyers, while probably not winning himself lots of new ones to replace them. A hot new model or two would certainly help overcome any political headwinds, but it's not clear what's coming and when. The Cybertruck certainly has a fan base, but we won't know for a while if it will really become a volume product. I'm skeptical that it will ever sell more than 70K or so a year, which is a rounding error for the big truck brands like Silverado and F150, but we'll know better in a year or two.
 
About "stale and aging," my first car was a 1966 VW MicroBus and there were a bunch that looked alike. Then there was:
upload_2024-8-14_21-25-47.webp

VW would change the drivetrain and electronics but seldom changed the basic shape. The same is true with Tesla that makes changes anytime, not on a model year boundary. When new, my 2019 Model 3 had a 240 mile range but the newest one has 272 mi. Happily, AutoPilot and Full Self Driving have gone through significant changes.

Bob Wilson
 
bwilson4web said:
About "stale and aging," my first car was a 1966 VW MicroBus and there were a bunch that looked alike. Then there was:
View attachment 23126

VW would change the drivetrain and electronics but seldom changed the basic shape. The same is true with Tesla that makes changes anytime, not on a model year boundary. When new, my 2019 Model 3 had a 240 mile range but the newest one has 272 mi. Happily, AutoPilot and Full Self Driving have gone through significant changes.

Bob Wilson
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The MSRP on that Beetle was less than $1,600, or $16,428 in 2024 dollars. If Elon sold his Model 3 for $16,428, it would be difficult to keep up with demand and now that he's fixed the front bumper, the I'd say design could stay unchanged for as long as the car cost $16,428. The "stale" opinion would be moot.
 
insightman said:
The MSRP on that Beetle was less than $1,600, or $16,428 in 2024 dollars. If Elon sold his Model 3 for $16,428, it would be difficult to keep up with demand and now that he's fixed the front bumper, the I'd say design could stay unchanged for as long as the car cost $16,428. The "stale" opinion would be moot.
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Except regulations would never allow the old Beetle to still be sold today. Same can be said for new cars having to keep up with latest regs. There is a lot that goes into inflation when it comes to vehicles.

And it is also what customers demand. They don't want to drive old tech. That's where new vehicles have increased so much these days.
 
bwilson4web said:
About "stale and aging," my first car was a 1966 VW MicroBus and there were a bunch that looked alike. Then there was:
View attachment 23126

VW would change the drivetrain and electronics but seldom changed the basic shape. The same is true with Tesla that makes changes anytime, not on a model year boundary. When new, my 2019 Model 3 had a 240 mile range but the newest one has 272 mi. Happily, AutoPilot and Full Self Driving have gone through significant changes.

Bob Wilson
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VW succeeded in making their almost unchanging styling (it did actually change a bit over the years) into a successful marketing gimmick in an era when the Big Three spent lavishly on annual styling updates at the expense of falling behind first the Europeans and then the Japanese in engineering and quality control. It was a brilliant marketing move that eventually changed how Detroit did things. It didn't, however, change the fact that cars and trucks are at least as much fashion items as they are practical transportation devices, and Tesla hasn't done anything to shift that paradigm.

Not that Tesla's electronic updates don't matter -- they clearly have made meaningful improvements -- but they aren't visible to the casual observer or buyer. The cars look the same as they did 5 or more years ago (and all look a lot like each other, except of course for the Cybertruck), and that registers with people as "old." And VW's 1960s experience is clearly the outlier. Much more typical is the original Ford Mustang, which was essentially a restyling of the compact Falcon. Mechanically, it was largely a Falcon but with modified dimensions and a different look -- and sold by the gazillions to people who wouldn't have looked twice at the functional but boring Falcon, even though the most meaningful practical difference between the two was that the Mustang had a smaller and less useful back seat. And automotive history is filled with perfectly fine vehicles that tanked because people didn't like how they looked, from the infamous Edsel to the equally infamous Pontiac Aztek.

And yes, the Model 3 did get some exterior tweaks last year (which I personally think make it better looking), but they're pretty subtle. Meanwhile, others -- especially Hyundai and Kia -- keep coming out with really dashing new models. I think that's clearly beginning to hurt Tesla sales.
 
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