edatoakrun
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Re: TSLA corporate outlook

Mon Oct 09, 2017 8:53 am

In fact, the exponential increase inTesla jokes will begin only after TSLA finds out it can't sell more debt or equity.

Tesla: The Joke Ain't Funny Anymore

...This whole episode gets us to another problem with Musk and Tesla, and that is a lack of communication. How many times have we seen the company fall dramatically short of guidance/expectations and yet there is no disclosure of this material information? Almost everyone, including myself, applauded Tesla for getting such a low rate when it borrowed $1.8 billion in bonds in mid-August. How many of those investors would have piled in if they knew the Model 3 was way behind schedule? This isn't the first time that some form of capital raise has come right before major bad news...

https://seekingalpha.com/article/411243 ... ny-anymore

hyperionmark wrote:...If you don't actually have skin in the game your comments are worthless.

Worthless comment...
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hyperionmark
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Re: TSLA corporate outlook

Mon Oct 09, 2017 9:31 am

Anyone that wants to make a real money bet on anything regarding Tesla I am game. If you aren't willing to put money down on your arguments, it is just noise. Noise, noise, noise is all I'm hearing from you fools. PM me if you want to make a bet with me and put your money where your mouth is. I will even give you odds. Anyone here actually have any guts or simply like to run your mouth?

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jlv
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Re: TSLA corporate outlook

Mon Oct 09, 2017 10:36 am

edatoakrun wrote:It's becoming quite a pissing contest, between Musk and the WSJ.
It's been that way all along.

I'm a paper subscriber to the WSJ and I am constantly dismayed by their badmouthing of not just Tesla but also EVs in general. But several of their recent Tesla articles have included a statement similar to this:
In a statement, a Tesla spokeswoman declined to answer questions for this article and said, “For over a decade, the WSJ has relentlessly attacked Tesla with misleading articles that, with few exceptions, push or exceed the boundaries of journalistic integrity. While it is possible that this article could be an exception, that is extremely unlikely.” The Journal disagrees with the company’s categorization of its journalism.
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Nubo
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Re: TSLA corporate outlook

Mon Oct 09, 2017 11:43 am

hyperionmark wrote:Anyone that wants to make a real money bet on anything regarding Tesla I am game. If you aren't willing to put money down on your arguments, it is just noise. Noise, noise, noise is all I'm hearing from you fools.


C'mon man, there's no need for that.
I noticed you're still working with polymers.

edatoakrun
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Re: TSLA corporate outlook

Mon Oct 09, 2017 6:41 pm

WardsAuto report on the model 3 rollout makes it sound like hell all right.

But due to mistakes already made, maybe not for only ~six months...

Tesla’s ‘Hiccups’: Devil in the Details

EO Elon Musk has said Tesla faces six months of “production hell” as it ramps up production of its much-awaited Model 3, but the devil may have arrived early.

Musk introduced the Model 3 on July 28 amid much hoopla at its Fremont, CA, assembly operations. Dressed casually and smiling broadly, Musk unveiled 30 Model 3s and said production would begin in August with 100 cars rolling off the line, rising to 1,500 in September and steeply upward to 20,000 in December.

Tesla targeted building 1,630 Model 3s during the third quarter but acknowledged it badly missed that goal, turning out only 260 cars. Nevertheless, Musk remained bullish, saying production will reach 5,000 weekly by year’s end...

Based on numerous reports, Tesla has little chance of hitting its 5,000 weekly output during the fourth quarter and perhaps not for a long time after that...

The chief reason: Its current production line in Fremont, CA, can’t build vehicles at that rate unless it runs two 10-hour shifts seven days a week, which is not likely for an all-new vehicle, even if everything goes smoothly. The plant presently runs two 8-hour shifts five days a week.

A source in position to know says a second body shop mirroring Fremont’s would be required to support the high volume Musk has forecast. “I understand they’re talking about a second body shop,” he says, “but I can’t see them reaching 2,500 to 3,000 weekly until the end of next year” with current production facilities.

Knowledgeable sources say Tesla’s Model 3 launch has been hampered by all manner of problems, some self-inflicted because of Musk’s disdain for using development and production processes honed by traditional auto makers.

Most importantly, Tesla bypassed production prototyping typically used by auto makers to catch glitches before gearing up for high-volume output and instead sought to save time by using a “pilot line” to check out processes. “Using prototyping you can make changes and it doesn’t cost as much,” says one source. Business Insider reports that skipping prototyping “could spell trouble down the road.”

Another source, who has first-hand knowledge of the situation, says Tesla chose to use its own methods to prep for production rather than rely on traditional validation processes. “There have been a lot of hiccups,” the source says, “because everything they do is ass-backwards. They aren’t used to this kind of (high-volume) operation. There are no standards.”...

http://wardsauto.com/industry/tesla-s-h ... il-details
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LTLFTcomposite
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Re: TSLA corporate outlook

Mon Oct 09, 2017 6:56 pm

^ Hmmm, I can't help but think that while there are new ideas to be tried there's also a place for recognizing that maybe you aren't smarter than everyone else about everything.
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lorenfb
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Re: TSLA corporate outlook

Mon Oct 09, 2017 9:55 pm

LTLFTcomposite wrote:^ Hmmm, I can't help but think that while there are new ideas to be tried there's also a place for recognizing that maybe you aren't smarter than everyone else about everything.


Yes, some are better at being a visionary for a trip to Mars than understanding 'trivial' volume auto production.

Evoforce
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Re: TSLA corporate outlook

Mon Oct 09, 2017 10:10 pm

This thread is over 2 years old and Chicken Little still claims the sky is falling! :lol:
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hyperionmark
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Re: TSLA corporate outlook

Tue Oct 10, 2017 3:57 am

Evoforce wrote:This thread is over 2 years old and Chicken Little still claims the sky is falling! :lol:

Haha, yep. And oddly I've still received no PM's from people willing to put their money where their mouth is.

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abasile
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Re: TSLA corporate outlook

Tue Oct 10, 2017 7:53 am

edatoakrun wrote:It is quite amusing to see such collective praise for a vehicle with no actual production examples built.

And also a vehicle for which even a sycophant site is now posting reports suggesting the launch may not only be delayed, but be in serious trouble.

Shouldn't the report that the battery pack design was not even completed by July give any rational investor in TSLA, or any depositor on a model 3, some reason to be concerned?

Yes, there are reasons to be concerned. It sure would be nice if Tesla as a manufacturer could match the predictability and reliability of Toyota and some of the other, major automakers. But innovation has its price, and it can be messy.

To this day, only Tesla manufactures vehicles that can reasonably eliminate ICE ownership for families like mine. Tesla vehicles have had plenty of glitches, but they sure are nice EVs, and it's no surprise that Tesla's level of customer loyalty is so high. It's easier to be forgiving when driving a great car!

As to whether there exist "actual production examples" of the Model 3, of course they exist. The inclusion of some manual processes, while not ideal, doesn't disqualify vehicles from being considered "production". Obviously, I hope Tesla can overcome the remaining production bottlenecks in a timely manner.

Personally, I'm holding enough TSLA shares to truly feel invested in the company, but not so many shares that our family would truly hurt if things majorly go south.
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