jlv
Well-known member
Some consider it bad grammar. E.g., https://grammarist.com/usage/learnings/LTLFTcomposite said:What's wrong with that?
Some consider it bad grammar. E.g., https://grammarist.com/usage/learnings/LTLFTcomposite said:What's wrong with that?
Clearly I need not admit anything of the sort so far.EatsShootsandLeafs said:Possibly.EVDRIVER said:$35K Tesla now available. Guess that hoax is over.
Let's see how this pans out in coming weeks/months.
If this is as they are claiming, it's about time, and I can admit I was wrong about the car. Will be interesting to see how this impacts the stock when it's reopened for trading. Anybody who takes delivery before Q2, in certain states (like mine) will get it for sub $30k all-in.
sparky said:Not great numbers for Q1 production and deliveries and probably over $1.5B hit to their revenue vs Q4.
http://ir.tesla.com/news-releases/news-release-details/tesla-q1-2019-vehicle-production-deliveries
Yes, it's 110% growth over Q1-2018 but this is going to hurt the stock for several weeks IMO. S&X are especially impacted by about 10k fewer cars produced this quarter than last year at this time. I was expecting about 70k deliveries.
In the first quarter, we produced approximately 77,100 total vehicles, consisting of 62,950 Model 3 and 14,150 Model S and X.
Deliveries were approximately 63,000 vehicles, which was 110% more than the same quarter last year, but 31% less than last quarter.
This included approximately 50,900 Model 3 and 12,100 Model S and X.
From http://ir.tesla.com/news-releases/news-release-details/tesla-q1-2019-vehicle-production-deliveriescwerdna said:Well, you wrote this on Jan 26, 2018...
They reported earnings around Jan 30, 2019. See https://insideevs.com/tesla-releases-q4-results-profit/.webb14leafs said:If you doubt that Tesla will build 500,000 cars per year within 6-12 months, you are ignoring reality.
They claimed:
So, if they are able to sustain 7K/week, that's 364K vehicles/year.Every part of the Model 3 production process has demonstrated over a 24-hour period the ability to produce at an extrapolated rate of 7,000 vehicles per week. By the end of this year, we expect to be able to produce Model 3 at this rate on a sustained basis.
So, that's about 5930/week. This is well short of the rate required to build 500,000 vehicles/year of ~9615/week.PALO ALTO, Calif., April 03, 2019 (GLOBE NEWSWIRE) -- In the first quarter, we produced approximately 77,100 total vehicles, consisting of 62,950 Model 3 and 14,150 Model S and X.
It was the first quarter-to-quarter drop in sales at Tesla (TSLA) in nearly two years and the single largest drop ever.
That's hilarious."FCA is committed to reducing the emissions of all our products," the company said in a statement Monday "The purchase pool provides flexibility to deliver products our customers are willing to buy while managing compliance with the lowest cost approach."
LTLFTcomposite said:https://www.thestreet.com/investing/stocks/tesla-shares-gain-after-multi-million-dollar-emissions-deal-with-fiat-chrysler-14919319
That's hilarious."FCA is committed to reducing the emissions of all our products," the company said in a statement Monday "The purchase pool provides flexibility to deliver products our customers are willing to buy while managing compliance with the lowest cost approach."
More like Jeeps and Maseratis (along with Fiats, Alfas and Lancias).palmermd said:LTLFTcomposite said:https://www.thestreet.com/investing/stocks/tesla-shares-gain-after-multi-million-dollar-emissions-deal-with-fiat-chrysler-14919319
That's hilarious."FCA is committed to reducing the emissions of all our products," the company said in a statement Monday "The purchase pool provides flexibility to deliver products our customers are willing to buy while managing compliance with the lowest cost approach."
Demons and Hellcats for everyone in Europe now that they can offset it with Model 3.
https://www.autoblog.com/2019/04/04/judge-to-elon-musk-sec-put-your-reasonable-pants-on/Judge to Elon Musk and SEC: 'Put your reasonable pants on'
SEC stops short of asking for his removal as CEO
Elon Musk's job as Tesla chief executive appeared safe on Thursday as a federal judge in Manhattan urged the billionaire to settle contempt allegations by the U.S. Securities and Exchange Commission over his use of Twitter.
At a hearing in Manhattan federal court, U.S. District Judge Alison Nathan gave both sides two weeks to work out their differences, and said she could rule on whether Musk violated his recent fraud settlement with the regulator if they failed.
"Take a deep breath, put your reasonableness pants on, and work this out," the judge said.
The hearing appeared to lift an overhang over Tesla, as the SEC stopped well short of recommending Musk's removal as chief executive or even from the electric car company's board.
Instead, the regulator suggested that greater oversight of Musk's communications, including the threat of new fines if he backslides, was punishment enough, at least for now.
"What this is to the SEC is strike two, and if there is another transgression they might seek a director and officer bar," said Peter Henning, a law professor at Wayne State University in Detroit and a former SEC lawyer. "They are just trying to send a message: be more careful. . . ."
EatsShootsandLeafs said:Stock got smashed, but it's recovered up another $9 or so since, including after market. Not surprised. It will keep going up because its supporters don't care about fundamentals. People who are long tsla at this valuation are part of a mass delusion. Musk is a compulsive liar. A lot of people realize this, but it's surprising how many don't despite voluminous evidence in support of it.
cwerdna said:From http://ir.tesla.com/news-releases/news-release-details/tesla-q1-2019-vehicle-production-deliveriescwerdna said:Well, you wrote this on Jan 26, 2018...
They reported earnings around Jan 30, 2019. See https://insideevs.com/tesla-releases-q4-results-profit/.webb14leafs said:If you doubt that Tesla will build 500,000 cars per year within 6-12 months, you are ignoring reality.
They claimed:
So, if they are able to sustain 7K/week, that's 364K vehicles/year.Every part of the Model 3 production process has demonstrated over a 24-hour period the ability to produce at an extrapolated rate of 7,000 vehicles per week. By the end of this year, we expect to be able to produce Model 3 at this rate on a sustained basis.
So, that's about 5930/week. This is well short of the rate required to build 500,000 vehicles/year of ~9615/week.PALO ALTO, Calif., April 03, 2019 (GLOBE NEWSWIRE) -- In the first quarter, we produced approximately 77,100 total vehicles, consisting of 62,950 Model 3 and 14,150 Model S and X.
While I was in Buffalo over last weekend(*), there was a newspaper article about him making a surprise visit to the Tesla solar factory there. The article mentioned that Tesla has not yet met the employment requirement for the tax incentives they got: https://buffalonews.com/2019/04/05/there-was-an-elon-musk-sighting-in-buffalo-today/webb14leafs said:Solar and Energy Storage - Remember this??? Actually, neither do I. I wonder if Elon does.
Except the $35K Model 3 still isn't shipping. We've seen no evidence from https://teslamotorsclub.com/tmc/threads/sr-not-plus-waiting-room.146897/ that it is. So, that leaves the SR+ ($37.5K to start). I don't buy black cars and about the only acceptable color to me that I'd be willing to pay is a steep $2K extra for white, making it $39.5K.webb14leafs said:Consumer ignorance - It amazes me that smart people I know have bought a loaded Honda Civic or Mazda 3 for $26K, and say they would rather have waited to buy the model 3, but the $35K price tag is more than they can afford. People only think about the sticker price, and don't realize the cost savings associated with fuel, maintenance and longevity. Tesla needs to do a better job of educating the public about this, and just might need to break down and produce some, gulp, commercials.
cwerdna said:Except the $35K Model 3 still isn't shipping. We've seen no evidence from https://teslamotorsclub.com/tmc/threads/sr-not-plus-waiting-room.146897/ that it is. So, that leaves the SR+ ($37.5K to start). I don't buy black cars and about the only acceptable color to me that I'd be willing to pay is a steep $2K extra for white, making it $39.5K.webb14leafs said:Consumer ignorance - It amazes me that smart people I know have bought a loaded Honda Civic or Mazda 3 for $26K, and say they would rather have waited to buy the model 3, but the $35K price tag is more than they can afford. People only think about the sticker price, and don't realize the cost savings associated with fuel, maintenance and longevity. Tesla needs to do a better job of educating the public about this, and just might need to break down and produce some, gulp, commercials.
Sure, fueling costs will be less on a 3 (and way less in cheap electricity states), but I doubt the 3 will be more reliable and long lived than a Mazda 3 judging by past history and problems we've already seen on the 3's. I have a collection of over a dozen failed drive units on 3's reported on TMC (and this is with me going on hiatus from TMC for months at a time) and numerous folks have had cracked glass roofs, including some folks at my work. Tesla reliability record is spotty and I'm amazed they even achieved average in the first model year of the 3. Below average sounds more like it, which is the latest assessment.
Not every has the ability to charge at work or at home.
There are numerous reasons why in Jan 2019, I ruled out the 3 and bought a heavily discounted ’19 Bolt when GM tax credit was still $7500. A $44K+ 3 MR in white for $46K was paying way too much for a car with things I didn’t want, missing things I wanted and were flat out unavailable and that I had other issues with.
The introduction of the “$35K” 3 which still hasn’t shipped hasn’t addressed any of my issues w/the 3 except price, partly.
(And yes, I’m well aware of the strengths the 3 has over the Bolt (e.g. excellent Supercharger network and DC FCing speeds, OTA updates, etc.))
Even the $40K model is better deal than most people realize.
I agree, you do not know.Valdemar said:Anyone else besides me saw it coming? If not a push by TSLA shareholders amongst lawmakers I don't know what it is.
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