Its not.lorenfb wrote:Interesting read:
https://seekingalpha.com/article/424754 ... investment
Doesn't make too much sense. Tesla's most difficult days are behind them - not in front.DaveinOlyWA wrote:Long contended that Tesla should have stayed in the luxury car arena and concentrated more on the electrified trucking. That arena is unlimited. Don't be surprised if cities start banning smoking diesels if Tesla pulls off the last mile. They will be able to afford to do anything then.
But Musk's desire to "do all, be all" has put Tesla in a bad position stretched too far in too many directions. Hate to say it, but the T3 will be the ruin of them... (still an awesome car though)
LOL - stock price goes up because shorts start covering when the SP is down.EatsShootsandLeafs wrote:https://www.cnbc.com/2019/03/07/tesla-l ... eveal.html
Tesla doesn't know where it will build the Model Y as it rolls out more layoffs and cost cuts
How does the market react? TSLA up today of course!
This Model Y reveal is a pure money grab and desperate effort to renew hype as the company faces a huge operating squeeze. If they take reservations I want to look closely at Musk's face to see if he blushes while he announces that.
https://www.bloomberg.com/news/articles ... ow-organicLook, Just Quit Tweeting, OK? Investors Sue Tesla and Musk Again
ABG:Enough with the tweets already.
That’s the message a group of institutional investors in Tesla Inc. is sending the electric-car maker and Chief Executive Officer Elon Musk in broadening its claim against him Thursday, saying his “repeated misstatements” continue to harm the company and its shareholders.
Their new lawsuit, filed in Delaware Chancery Court, seeks to permanently block Musk’s “unchecked use of Twitter to make inaccurate statements about the company,” lawyers for one of the investors, the Laborers’ District Council and Contractors’ Pension Fund of Ohio, said in a statement.
After tweeting last year that he had secured funding for a plan to take the company private, Musk allegedly stepped over the line again in February by estimating on Twitter that Tesla would produce about half a million vehicles this year. The suit complains that Musk and Tesla directors have breached their duties to investors.
Tesla didn’t immediately respond to an email seeking comment on the suit. . . .
“Mr. Musk has continually disregarded all efforts to rein in his material misstatements on social media,” Michael Barry, an attorney for the Laborers’ District Council, said in the statement. . . .
https://www.bloomberg.com/news/articles ... ow-organicTesla agrees to drop fuel savings ad claim for Model 3 in Germany
Building in amount saved by not buying gas is no longer allowed
Now if we could get some court or regulator to prohibit Tesla and others from this practice here. It's deceptive and sleazy.. . . Electric carmaker Tesla has committed to stop using fuel savings estimates to advertise its Model 3 online, a German industry association set up to prevent unfair competition practices said on Wednesday.
The Wettbewerbszentrale independent body, formed by German industry to ensure companies compete fairly, said the U.S. carmaker had been using random and non-transparent fuel savings estimates and that it must drop the practice by March 20.
Tesla had displayed the 56,380 euro ($63,811) original price for the Model 3 online as well as a price of 51,380 euros when taking account of estimated fuel savings of 5,000 euros over five years, Wettbewerbszentrale said.
This is consistent with what Tesla does in the United States. On the opening page of its Model 3 configurator, for example, it claims a price of $26,950 for its newly announced Standard Range, Standard Interior trim level, but that price is asterisked. Follow the asterisk and you learn Tesla has arrived at that "price" by building in $3,750 in federal tax incentives and subtracting $4,300 in projected savings from not burning gas. The actual price of the car is $35,000.
"Even if 'savings' could be realized, such an amount cannot be deducted from the purchase price or the monthly rate ... because customers must pay the full price at the time of purchase or financing," the association said.
The company has guaranteed that it would not repeat such advertising, Wettbewerbszentrale said. . . .
https://www.tesla.com/blog/update-tesla ... nd-pricing"Tesla walks back on store closing, increases prices again"
M: Yes, but I came here for a reasonably priced Model 3!!
A: OH! Oh! I'm sorry! This is employee psychological abuse!
M: Oh! Oh I see!
A: Aha! No, you want room 12A, next door - price increases.
M: Oh...Sorry...
A: Not at all!
A: (under his breath) stupid git.
I'm actually taken aback that this is all one needs to invest in a company. I honestly don't even know how to respond to it.evnow wrote: The investment thesis is actually very simple
- EVs are the future of personal transportation
- Tesla is the undisputed leader in EVs
What more do you need ?
I'll pick on this cause it's the easiest.evnow wrote:Not withstanding the fact that 400k people reserved to get the $35k base Model 3 three years back, somehow shorts have convinced themselves that finally releasing the promised $35k base car after 3 years somehow shows there is no demand for Model 3 ! The short interest spiked after the SR release and of course the stock price went down. When there are people willing to sell the stock for below market price, why wouldn't it ?
