TSLA corporate outlook

[GRA]

IEVS:

Tesla Semi Prototypes Works 'Amazingly Well,' Production Delayed

https://insideevs.com/news/346746/tesla-semi-prototype-amazingly-production-delayed/

Production was postponed to 2020.
The two Tesla Semi prototypes, unveiled in 2017, were from time to time seen in California or even in many other states doing test runs or simply helping moving stuff (most recently also spotted delivering Tesla Model 3 cars to customers).

Elon Musk said that the electric trucks were "working amazingly well," but that's not enough for the Semi to enter production just. Tesla Automotive President Jerome Guillen said:

"

• Yes, very well. We load them to maximum weight and continue to make improvements."
  
  "Next year we will start production. We are very happy with driving the trucks extensively with, I think, so far quite amazing success."

The production was originally planned from late 2019, but now as Tesla again is struggling with losses, the market launch was postponed until 2020.

It's not yet known where the trucks will be produced - maybe at the Gigafactory 1 in Nevada.

 

[Zythryn]

Musk and the SEC come to an agreement.
https://techcrunch.com/2019/04/26/elon-musk-sec-agree-to-guidelines-on-twitter-use/

Well, that is one thing that is now behind them.
Personally, I was thrilled Tesla is planning to smooth out distribution of their car deliveries rather than having huge rushes once a quarter.

 

[Leaf15]

SEC is just realized Musk lost last bits of credibility. All of his latest attempts to prop up stock failed and back fired spectacularly. Looks like SEC won this battle after all.

 

[Zythryn]

SEC is just realized Musk lost last bits of credibility. All of his latest attempts to prop up stock failed and back fired spectacularly. Looks like SEC won this battle after all.

Interesting interpretation.
I view it more as the SEC realized they had no contempt case and were lucky the judge didn't simply dismiss the case.
As is, beyond the clarification of what specific topics require pre-approval, there was nothing. No fines, no penalties, no fundamental changes beyond the original agreement last year.

 

[EVDRIVER]

SEC is just realized Musk lost last bits of credibility. All of his latest attempts to prop up stock failed and back fired spectacularly. Looks like SEC won this battle after all.

So the goal of the corrupt SEC is to drive down stock price? Did you read the filings and follow this closely or just skim the headlines? FYI if Tesla looses the US and the entire EV movement looses too. Meanwhile companies with no substantive value are doing worse things and getting away with it while the SEC turns a blind eye to short seller activity that goes far beyond normal trading behavior and into criminal exploits.

 

[GRA]

Musk and the SEC come to an agreement.
https://techcrunch.com/2019/04/26/elon-musk-sec-agree-to-guidelines-on-twitter-use/

Well, that is one thing that is now behind them.
Personally, I was thrilled Tesla is planning to smooth out distribution of their car deliveries rather than having huge rushes once a quarter.

Yup. Of course, it was a totally unnecessary and stupid distraction in the first place, due solely to Elon's arrogance.

We can expect to see another spike in U.S. sales starting probably in late May and running through June, as people rush to buy before the subsidies drop another $1,875. Assuming they're available in the required numbers, from July on I expect the Kona, Niro and Soul will take a lot of sales from the Model 3, even though they're different classes - the price differential will be getting pretty high.

 

[Leaf15]

SEC is just realized Musk lost last bits of credibility. All of his latest attempts to prop up stock failed and back fired spectacularly. Looks like SEC won this battle after all.

So the goal of the corrupt SEC is to drive down stock price? Did you read the filings and follow this closely or just skim the headlines? FYI if Tesla looses the US and the entire EV movement looses too. Meanwhile companies with no substantive value are doing worse things and getting away with it while the SEC turns a blind eye to short seller activity that goes far beyond normal trading behavior and into criminal exploits.

No, one of the the goals is to prevent company officials to prop up the stock prices with false information. Shorts have no leverage against any company with good credibility, they make the move when they sense the company is pushing fake news or hyped up artificially. Do you see any shorts selling MSFT?

 

[Durandal]

SEC is just realized Musk lost last bits of credibility. All of his latest attempts to prop up stock failed and back fired spectacularly. Looks like SEC won this battle after all.

So the goal of the corrupt SEC is to drive down stock price? Did you read the filings and follow this closely or just skim the headlines? FYI if Tesla looses the US and the entire EV movement looses too. Meanwhile companies with no substantive value are doing worse things and getting away with it while the SEC turns a blind eye to short seller activity that goes far beyond normal trading behavior and into criminal exploits.

No, one of the the goals is to prevent company officials to prop up the stock prices with false information. Shorts have no leverage against any company with good credibility, they make the move when they sense the company is pushing fake news or hyped up artificially. Do you see any shorts selling MSFT?

Apple, AMD, Mattel, and Comcast are all in the top 10 stocks shorted... Are you suggesting lack of credibility with these companies?
http://www.wsj.com/mdc/public/page/2_3062-nasdaqshort-highlites.html

 

[Leaf15]

Apple, AMD, Mattel, and Comcast are all in the top 10 stocks shorted... Are you suggesting lack of credibility with these companies?
http://www.wsj.com/mdc/public/page/2_3062-nasdaqshort-highlites.html

Those are shorted for different reasons, none of those co CEOs are jamming the communication lines in effort to prop their co stocks though. All of co stocks easily recover when the underlying issues or concerns are resolved. Shorts do not have any credibility as they do not need any.

 

[Evoforce]

Apple, AMD, Mattel, and Comcast are all in the top 10 stocks shorted... Are you suggesting lack of credibility with these companies?
http://www.wsj.com/mdc/public/page/2_3062-nasdaqshort-highlites.html

Those are shorted for different reasons, none of those co CEOs are jamming the communication lines in effort to prop their co stocks though. All of co stocks easily recover when the underlying issues or concerns are resolved. Shorts do not have any credibility as they do not need any.

That is how you want to spin it. :lol:

 

[GRA]

ABG:

Chinese company bought Times Square billboards to complain about faulty Teslas
Ride-hailing company claims nearly $1 million in lost revenue due to repairs

https://www.autoblog.com/2019/04/30/tesla-chinese-company-complaints-times-square-billboards/

A Chinese ride-hailing company says many of the Teslas it bought as fleet vehicles have had major electromechanical issues. The company is called iUNICORN (also known as Shenma Zhuanche) and it originally purchased 278 Teslas between 2016 and 2017. It says 20% of those vehicles have had issues, and the average repair took 45 days to complete. In total, iUNICORN claims it has lost the equivalent of $970,000 due to the cars' problems. All the vehicles in question are either the Model S or Model X.

To air their grievances toward Tesla, the company says it rented space on three electronic billboards in Times Square. The messages reportedly displayed last Wednesday, but were only there for 30 minutes. . . .

The company is apparently seeking full compensation from Tesla for all its losses due to repairs.

We've asked Tesla for its side of the story, and will update upon hearing back. Shenma has not said how much the billboards in Times Square cost to rent. However, Investopedia says it costs between $1.1 million and $4 million to rent a billboard for a year in the prime NY real estate. A whole 30 minutes probably wasn't cheap, but it was enough to get the company's point across.

One might wonder why Shenma doesn't just discuss this internally with Tesla. The company claims Tesla "has low efficiency in internal communications," and they "take too long." Therefore, Shenma went with billboards instead.

Also ABG:

Tesla to cut prices on solar panel prices by 38%
Sales have lagged under Tesla

https://www.autoblog.com/2019/04/30/tesla-solar-panels-price-cut/

. . . The company aims to cut the prices by standardizing systems and requiring customers order the items online, the report said.

After reporting a 36 percent slide in solar installations in the first quarter, Tesla said last week that it introduced a new solar price and selling strategy without giving any specifics.

In 2016, the electric car maker bought SolarCity for $2.6 billion. . . .

Tesla sought to sell solar panels in its retail stores and online in a bid to align it with the company's aspirational luxury car brand.

The move was a sharp reversal from SolarCity's populist vision of making rooftop solar accessible to all, and sales under Tesla have lagged. Late last year, Tesla cut prices on its residential solar systems.

At the same time, solar roof tiles that the company unveiled in late 2016 have yet to be produced in meaningful quantities.

Tesla Chief Executive Officer Elon Musk has said the solar roof, which generates solar energy without the need for traditional rooftop panels, is a cornerstone of his strategy to sell a fossil-fuel-free lifestyle under the Tesla brand. . . .

 

[dgpcolorado]

A different take on TSLA and Tesla, compared to much of what has been expressed here:

http://www.hamidshojaee.com/post/184522555004/teslas-autonomy-day-the-stock-short-sellers-and

 

[Leaf15]

The sales figures for April even worse vs. March, so much for old failed prop up claims of many cars were in transit during March for April deliveries. The truth is - April was even more troubling month for Tesla. Model S/X deliveries were even worse.

 

[LTLFTcomposite]

all hope is lost

 

[GRA]

A different take on TSLA and Tesla, compared to much of what has been expressed here:

http://www.hamidshojaee.com/post/184522555004/teslas-autonomy-day-the-stock-short-sellers-and

Kind of lost me with the sentence I've bolded:

If you follow Tesla’s stock closely, you fall into one of 2 camps:

Tesla is going bankrupt. Its cars are crap. It never delivers on its promises, the whole company is mismanaged, run by a con artist who has built a house of cards waiting to collapse. Elon Musk has no idea what he’s doing and his continued mismanagement is about to cause Tesla to crash and burn and its stock is on its way to $0.

Tesla is an amazing company. It makes the world’s best cars. It continues to defy the odds, making cars deemed impossible by others, a reality. On its way to deliver a sustainable future, Tesla will own the transportation industry and become a Trillion-Dollar company. Elon Musk is a visionary, and key to Tesla’s success.

The two camps are polar opposites and each camp gets more convinced of its position with every passing Tesla announcement. But of course, only one of these narratives can be correct.

As someone who doesn't follow the stock closely and has no skin in the game either way, and who will be happy to see Tesla succeed but won't lose any sleep if they fail, ISTM there's a third option that more accurately reflects reality: the truth falls somewhere in between.

 

[WetEV]

A different take on TSLA and Tesla, compared to much of what has been expressed here:

http://www.hamidshojaee.com/post/184522555004/teslas-autonomy-day-the-stock-short-sellers-and

Kind of lost me with the sentence I've bolded:

If you follow Tesla’s stock closely, you fall into one of 2 camps:

Tesla is going bankrupt. Its cars are crap. It never delivers on its promises, the whole company is mismanaged, run by a con artist who has built a house of cards waiting to collapse. Elon Musk has no idea what he’s doing and his continued mismanagement is about to cause Tesla to crash and burn and its stock is on its way to $0.

Tesla is an amazing company. It makes the world’s best cars. It continues to defy the odds, making cars deemed impossible by others, a reality. On its way to deliver a sustainable future, Tesla will own the transportation industry and become a Trillion-Dollar company. Elon Musk is a visionary, and key to Tesla’s success.

The two camps are polar opposites and each camp gets more convinced of its position with every passing Tesla announcement. But of course, only one of these narratives can be correct.

As someone who doesn't follow the stock closely and has no skin in the game either way, and who will be happy to see Tesla succeed but won't lose any sleep if they fail, ISTM there's a third option that more accurately reflects reality: the truth falls somewhere in between.

If Tesla doesn't go bankrupt, it also might not become a Trillion-Dollar company.

And if there was bad inflation, Tesla might become a Trillion-Dollar company and go bankrupt right after that.

 

[jlv]

CNBC pulled this interview because Chamath Palihapitiya only mostly positive things to say. Then they put the segment back online highly edited to change the slant of the message. When called out on it, they put back the whole interview. The host really has a negative narrative that Chamath didn't follow.
https://electrek.co/2019/05/01/tesla-investor-tsla-bull-case/

 

[lorenfb]

CNBC pulled this interview because Chamath Palihapitiya only mostly positive things to say. Then they put the segment back online highly edited to change the slant of the message. When called out on it, they put back the whole interview. The host really has a negative narrative that Chamath didn't follow.
https://electrek.co/2019/05/01/tesla-investor-tsla-bull-case/

Right, and no bias on the part of Electrek (a shill for Tesla).

So when we looked at Tesla, what we thought was a company at an inflection point that was as close to its version of an iPhone moment, and what I mean by that is a company that had been growing up, taking risks and had finally found the mass-market product that would unlock an enormous amount of product market fit. And that was the model 3.

The M3 is "the mass-market product", oh please! And to use the iPhone analogy speaks to the guy's lack of strategic marketing
knowledge/background. Where's the Apple like ecosystem to leverage growth? With EA and others providing networks, the Tesla SC
network is becoming marginalized as a key strategic rent.

 

[DaveEV]

The sales figures for April even worse vs. March, so much for old failed prop up claims of many cars were in transit during March for April deliveries. The truth is - April was even more troubling month for Tesla. Model S/X deliveries were even worse.

Got any specifics or detail for these claims?

 

[jlv]

Right, and no bias on the part of Electrek (a shill for Tesla).

Not sure why you choose to ignore the CNBC interview and just try to twist it like that. I linked via Electrek because I thought they did better reporting on the incident.

Just go to the CNBC video (with the whole interview restored): https://www.youtube.com/watch?v=lx6GJADrflk&feature=youtu.be
(I know you won't go to the video, because it only has a billionaire investor talking about why he's bullish on Tesla, while completely ignoring the CNBC host who keeps trying to bash Tesla, but...)

I originally heard about it on reddit:
https://www.reddit.com/r/teslamotors/comments/bjr0pf/cnbc_removed_this_video_because_contrary_to_their/