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Re: TSLA corporate outlook

Posted: Wed Jun 06, 2018 1:49 pm
by LTLFTcomposite
wow shorts took it up the you know what today

Re: TSLA corporate outlook

Posted: Wed Jun 06, 2018 11:00 pm
by cwerdna
jlv wrote:
cwerdna wrote:I stumbled across...
An excellent recap of all the fear, uncertainty, and doubt about Tesla's execution. Had that been posted earlier, it might have helped drop the stock more, maybe putting it into my buy range before the post-shareholder meeting jump. Too late now.

It was posted well before the market opened today. I watched it before I went to bed.

Obviously, it had little or no effect given how much TSLA stock jumped.

Re: TSLA corporate outlook

Posted: Fri Jun 08, 2018 3:37 pm
by sparky
Tesla On The Verge Of Costs & Revenues Breaking Even
Not sure what ASP CleanTechnica assumes.
Tesla needs to produce over 3,814 Model 3 cars per week for its automotive segment and operating expenses to break even.

» At this level, it covers its cost of revenue from its automotive segment plus operating expenses.
» Tesla requires $5,736,521,611 per quarter or $441,270,893 every week in car sales to break even.
» This includes revenues from the automotive segment.
......
Tesla needs to produce 8,974 Model 3 cars per week to break even with all expenses.

» At this level, it covers its cost of revenue from all segments, operating expenses, and interest expenses.
» Tesla requires $8,982,805,482 per quarter or $690,985,037 every week in car sales to break even.
» This includes revenues from all segments.

Re: TSLA corporate outlook

Posted: Tue Jun 12, 2018 2:19 pm
by LTLFTcomposite
Looks like I'll have to fill in for ed and Loren and make sure this bit of bad news isn't overlooked

https://www.cnbc.com/2018/06/12/tesla-t ... eport.html

Maybe they can get jobs at Faraday Future.

Re: TSLA corporate outlook

Posted: Tue Jun 12, 2018 2:49 pm
by EVDRIVER
LTLFTcomposite wrote:Looks like I'll have to fill in for ed and Loren and make sure this bit of bad news isn't overlooked

https://www.cnbc.com/2018/06/12/tesla-t ... eport.html

Maybe they can get jobs at Faraday Future.



Trim the fat, most companies can use it. Not sure it's bad news but Ed and Loren are likely out drinking or on vacation together at camp conspiracy.

Re: TSLA corporate outlook

Posted: Tue Jun 12, 2018 2:58 pm
by GRA
EVDRIVER wrote:
LTLFTcomposite wrote:Looks like I'll have to fill in for ed and Loren and make sure this bit of bad news isn't overlooked

https://www.cnbc.com/2018/06/12/tesla-t ... eport.html

Maybe they can get jobs at Faraday Future.



Trim the fat, most companies can use it. Not sure it's bad news but Ed and Loren are likely out drinking or on vacation together at camp conspiracy.

I agree with the tone of the article, as does Elon. As noted in his email,
Given that Tesla has never made an annual profit in the almost 15 years since we have existed, profit is obviously not what motivates us. What drives us is our mission to accelerate the world's transition to sustainable, clean energy, but we will never achieve that mission unless we eventually demonstrate that we can be sustainably profitable. That is a valid and fair criticism of Tesla's history to date.

I think this is generally good news for Tesla and its shareholders, if not for the people being let go. Not so sure about giving up the Home Depot connection.

Re: TSLA corporate outlook

Posted: Tue Jun 12, 2018 4:02 pm
by LTLFTcomposite
EVDRIVER wrote:
LTLFTcomposite wrote:Looks like I'll have to fill in for ed and Loren and make sure this bit of bad news isn't overlooked

https://www.cnbc.com/2018/06/12/tesla-t ... eport.html

Maybe they can get jobs at Faraday Future.



Trim the fat, most companies can use it. Not sure it's bad news but Ed and Loren are likely out drinking or on vacation together at camp conspiracy.

If they really do have short positions they might be out shopping for cardboard boxes to live in.

Re: TSLA corporate outlook

Posted: Tue Jun 12, 2018 4:12 pm
by GRA
Reuters via ABG:
Tesla worker testifies that company stopped him from organizing union
Tesla denies the allegations
https://www.autoblog.com/2018/06/12/tesla-worker-testifies-uaw-union-organizing/

A Tesla employee organizing a union was asked by a supervisor and company security guards to leave the factory after handing out pro-union flyers, the worker said at a National Labor Relations Board (NLRB) hearing on Monday over whether Tesla had violated federal safeguards for employee activity.

The NLRB general counsel brought the case before a board administrative law judge after receiving complaints from three Tesla workers and the United Automobile, Aerospace, and Agricultural Implement Workers of America (UAW).

If Tesla loses, the company could be required to notify its employees that it was found to be committing unfair labor practices, a victory for union organizers. . . .

Edris Rodriguez Ritchie, an attorney for the NLRB, said Tesla asked workers to sign confidentiality agreements that were "overly broad" in preventing them from publicly discussing their working conditions.

Tesla has denied the allegations and described them as an effort to make Chief Executive Elon Musk look bad.

Michael Sanchez, who has worked at Tesla since 2012 and is currently on medical leave, said he was asked to leave by security guards and a supervisor while handing out leaflets to colleagues outside a Tesla facility in February 2017. . . .

Speaking on behalf of Tesla, Mark Ross of Sheppard, Mullin, Richter & Hampton LLP listed about two dozen other allegations against the company that were found to be without merit and dismissed. . . .

Hearings for the case are scheduled to continue through Thursday and resume in late September. Judge Amita Tracy is expected to deliver her judgment sometime after that.

Re: TSLA corporate outlook

Posted: Wed Jun 13, 2018 10:59 am
by edatoakrun
GRA wrote:Reuters via ABG:
Tesla worker testifies that company stopped him from organizing union
Tesla denies the allegations
https://www.autoblog.com/2018/06/12/tesla-worker-testifies-uaw-union-organizing/

A Tesla employee organizing a union was asked by a supervisor and company security guards to leave the factory after handing out pro-union flyers, the worker said at a National Labor Relations Board (NLRB) hearing on Monday over whether Tesla had violated federal safeguards for employee activity.

The NLRB general counsel brought the case before a board administrative law judge after receiving complaints from three Tesla workers and the United Automobile, Aerospace, and Agricultural Implement Workers of America (UAW).

If Tesla loses, the company could be required to notify its employees that it was found to be committing unfair labor practices, a victory for union organizers...

Meanwhile, a recent lawsuit by Tesla’s (former) Director of Environmental, Health, Safety, and Sustainability, not only supports union organizers statements on the ongoing unsafe conditions at TSLA's Fremont factory, but illustrates the lengths TSLA will go to to conceal workerplace injuries through fraudulent reporting procedures:

Lawsuit: Tesla Fired Exec After He Raised Concerns About Workplace Injuries Going Unreported

Tesla has been dogged by reports that it fails to report serious workplace injuries on legally-mandated logs, and now the automaker’s former safety director is claiming in a lawsuit that he was fired in retaliation for raising concerns about the alleged practice...

Carlos Ramirez was Tesla’s Director of Environmental, Health, Safety, and Sustainability until June 2017, according to a complaint filed last Wednesday in Alameda County Superior Court. Prior to that, his LinkedIn page says, he worked as the Vice President of Safety for SolarCity, the energy company that Tesla acquired in late 2016.

While at Tesla, according to the complaint, Ramirez was assigned the task of creating a safety program at Tesla’s assembly plant in Fremont, California.

“To accomplish this, Plaintiff became familiar with the Tesla Fremont manufacturing plant,” the suit says. “In addition, Plaintiff and his team audited the Tesla Incident Reporting System, in which workplace accidents/injuries are record and managed.”

As a result of the audit, Ramirez claims Tesla’s incident reporting system revealed “numerous instances of lack of treatment of Tesla employees that suffered workplace injuries, recordkeeping violations, and improper classification of workplace injuries to avoid treating and reporting workplace injuries.”...

At a May 19, 2017, workplace meeting, Ramirez alleges he reported “unsafe and unhealthy working conditions and practices” and “disclosed information he had reasonable cause to believe disclosed a violation” of state or federal laws, including “allegedly inaccurate Tesla OSHA 300 records, incident rate numbers, and improper classification of workplace injuries.”

Weeks later, the suit says, Tesla fired him...

https://jalopnik.com/lawsuit-tesla-fire ... 1826737318

Re: TSLA corporate outlook

Posted: Fri Jun 15, 2018 10:07 am
by cwerdna
Ex-Tesla employees reveal the cryptic ways they learned they were getting laid off
http://www.businessinsider.com/tesla-em ... red-2018-6