TSLA corporate outlook

[GRA]

They're going to a 'pull-in and be billed wirelessly for the juice' model, but haven't introduced it yet. Reliability remains to be seen, but they've had some initial problems at some sites, as did Tesla. EA has little choice but to maintain the sites, as they're required to do so for I think it's 10 years. Unlike Tesla, if they fall short it means they'll be penalized even more. Nav. etc. info will undoubtedly follow, but as long as you've got a cell phone, you can find them. AFAIA all the stations are 24/7, although the surrounding businesses aren't.

No sooner written than announced - GCC:

Electrify America launches EV charging app, membership options; plans ~20% price reduction off current rates

https://www.greencarcongress.com/2019/0 ... 06-ea.html

The Electrify America [App] allows users to:

• Locate a Charger: Find a charging station near you and get directions. The Locate a Charger feature shows you the charging stations in your area, how many of each type of charger are at the station, and which ones are currently available. Become a member of Electrify America Pass and you can see the charging status of vehicles currently using the chargers and get notified when a charger becomes available.
  
  Pay for a charge: Upload payment information into the app and pay for a charging session through the phone. You can also see prices before you charge, by selecting a station where you’d like to view the charging costs.
  
  Track your charging session: While your vehicle is charging, you can check its progress in real time. If your vehicle communicates charging information, the app will show you your battery’s current state of charge (SOC) and the time until your battery reaches “bulk” charge, typically around 80 percent SOC. You also can choose to get notifications when your charging session has started, slowed and stopped. Once your session is complete, the app will provide a receipt. . . .

The app and other changes come on line in late May.

[GRA]

GCR:

Report says Fiat Chrysler emissions deal worth $2 billion to Tesla

https://www2.greencarreports.com/news/1 ... n-to-tesla

Analysts should no longer be worried about whether Tesla has enough cash to meet its immediate needs.

In addition to $2 billion it raised in stocks and convertible bonds last week, the company signed a deal with Fiat Chrysler last month to share its emissions credits in Europe with the Italian-American automaker, which is lagging in electric cars.

What wasn't apparent at the time is that the Fiat Chrysler deal was also worth about $2 billion to the Silicon Valley startup automaker, according to a report last weekend in the Financial Times (subscription required. . . .)

[EatsShootsandLeafs]

Musk confidently told investors on the call that autonomous driving will transform Tesla into a company with a $500 billion market cap, these people said. Its current market cap stands around $42 billion. He also said that existing Teslas will increase in value as self-driving capabilities are added via software, and will be worth up to $250,000 within three years.

Yeah, so anybody still long on TSLA deserves every single dollar they lose if they are reading S@(# like this and still think it's wise to be invested in this company. Now he's saying a $40k car will be worth $250k in three years.

I have no sympathy for people losing money on this stock. It's their own fault now, has been for a while. Another 52 week low hit today. This stock has a lot further to fall. Losing money on stocks is sometimes just bad luck. Them's the breaks. But if you're still long TSLA you're being negligent with your money; actually disrespecting it. I'd rather see a person spend their TSLA portfolio at a casino because at least the drinks are free.

[lorenfb]

I have no sympathy for people losing money on this stock. It's their own fault now, has been for a while. Another 52 week low hit today. This stock has a lot further to fall. Losing money on stocks is sometimes just bad luck. Them's the breaks. But if you're still long TSLA you're being negligent with your money; actually disrespecting it. I'd rather see a person spend their TSLA portfolio at a casino because at least the drinks are free.

Remember, the TSLA price movements are also correlated to market movements, i.e. the DOW is down over $550 today.

[EatsShootsandLeafs]

I have no sympathy for people losing money on this stock. It's their own fault now, has been for a while. Another 52 week low hit today. This stock has a lot further to fall. Losing money on stocks is sometimes just bad luck. Them's the breaks. But if you're still long TSLA you're being negligent with your money; actually disrespecting it. I'd rather see a person spend their TSLA portfolio at a casino because at least the drinks are free.

Remember, the TSLA price movements are also correlated to market movements, i.e. the DOW is down over $550 today.

True but as of this moment TSLA is more than 2X the loss of the DOW. Heck, it's down more than AAPL, which had some bad news today from the supreme court.

[lorenfb]

I have no sympathy for people losing money on this stock. It's their own fault now, has been for a while. Another 52 week low hit today. This stock has a lot further to fall. Losing money on stocks is sometimes just bad luck. Them's the breaks. But if you're still long TSLA you're being negligent with your money; actually disrespecting it. I'd rather see a person spend their TSLA portfolio at a casino because at least the drinks are free.

Remember, the TSLA price movements are also correlated to market movements, i.e. the DOW is down over $550 today.

True but as of this moment TSLA is more than 2X the loss of the DOW. Heck, it's down more than AAPL, which had some bad news today from the supreme court.

Maybe there're some negative Tesla reports which will come later today or during the week, which has already been impounded in the stock price now.

[GRA]

Tom Moloughney's take on the EA network and its effect on Tesla, via IEVS:

Is Tesla Losing Its Supercharger Advantage?

https://insideevs.com/news/349187/video ... advantage/

ABG:

Elon Musk's 'pedo guy' tweet is headed to trial
Judge refuses to dismiss, sets court date in cave diver's defamation lawsuit

https://www.autoblog.com/2019/05/11/elo ... n-lawsuit/

A federal judge on Friday said Elon Musk must face a defamation lawsuit by a British diver who said he was falsely branded a pedophile and child rapist by the chief executive of electric car company Tesla Inc.

U.S. District Judge Stephen Wilson in Los Angeles said a reasonable jury could conclude that Musk's comments were more than merely opinions, and scheduled a trial for Oct. 22.

The judge had on April 26 denied Musk's bid to dismiss the lawsuit brought by diver Vernon Unsworth, without explaining his reasoning.

Musk's lawyers did not immediately respond on Friday to requests for comment. . . .

In seeking a dismissal, Musk's lawyers said such comments were "imaginative" or "over-the-top" insults that constituted protected opinion under the U.S. First Amendment.

But the judge said Musk was not communicating in "heated and volatile" settings that might explain any excesses.

"Considering the totality of the circumstances — including the general context of defendant's statements, the specific context of the statements, and the statements' susceptibility of being proved true or false — a reasonable factfinder could easily conclude that defendant's statements, as pleaded in the complaint, implied assertions of objective fact," Wilson wrote. . . .

The significance of the ruling is clear: publication of accusations on Twitter does not provide a safe harbor for defamatory statements that are false and convey that they are factual," Unsworth's lawyer L. Lin Wood said in an email.

Unsworth is seeking at least $75,000 in compensatory damages plus punitive damages in his September 2018 lawsuit. . . .

Sigh. Although this is personal rather corporate, it's just another stupid and unnecessary distraction stemming from Elon's meltdown last year. Elon should have long since settled this out of court, with a public apology plus payment.

[EatsShootsandLeafs]

Sigh. Although this is personal rather corporate, it's just another stupid and unnecessary distraction stemming from Elon's meltdown last year. Elon should have long since settled this out of court, with a public apology plus payment.

He can no more do that than a dog can be trained to guard a pork roast. Insofar as it is possible to diagnose a medical disorder from afar it's clear he has narcissistic personality disorder. His behavior of ties in nicely with that. Even if he apologizes he wheels it back because it simply, viscerally, does not sit well with him to admit he was wrong.

[GRA]

He can no more do that than a dog can be trained to guard a pork roast. Insofar as it is possible to diagnose a medical disorder from afar it's clear he has narcissistic personality disorder. His behavior of ties in nicely with that. Even if he apologizes he wheels it back because it simply, viscerally, does not sit well with him to admit he was wrong.

I disagree to a considerable extent. He's been willing to say he's been an idiot or similar on several occasions, and we have a very obvious example of narcissistic personality disorder on public display on a daily if not hourly basis to compare Elon to, which makes the comparison easy. Whether Elon's willing to sincerely apologize is another matter, but while I have no doubt he's got a big ego, I don't see any evidence of a major personality disorder such as you suggest.

Meanwhile, spotted a political bumper sticker (on a Niro HEV) which pretty much sums up my attitude at the moment: https://www.canvasfreaks.com/products/a ... gKf8fD_BwE

[EatsShootsandLeafs]

He can no more do that than a dog can be trained to guard a pork roast. Insofar as it is possible to diagnose a medical disorder from afar it's clear he has narcissistic personality disorder. His behavior of ties in nicely with that. Even if he apologizes he wheels it back because it simply, viscerally, does not sit well with him to admit he was wrong.

I disagree to a considerable extent. He's been willing to say he's been an idiot or similar on several occasions, and we have a very obvious example of narcissistic personality disorder on public display on a daily if not hourly basis to compare Elon to, which makes the comparison easy. Whether Elon's willing to sincerely apologize is another matter, but while I have no doubt he's got a big ego, I don't see any evidence of a major personality disorder such as you suggest.

Meanwhile, spotted a political bumper sticker (on a Niro HEV) which pretty much sums up my attitude at the moment: https://www.canvasfreaks.com/products/a ... gKf8fD_BwE

He doesn't even dispute it:
https://twitter.com/elonmusk/status/101 ... 44?lang=en

His self-destructive behavior on twitter with the pedo diver speaks for itself.

As for admitting fault he has been wrong dozens and dozens of times and on a mere handful can we count the times he's truly admitted it. Making wilder claims is also symptomatic of his personality problems. These things recently about FSD and appreciating cars are thoroughly indefensible and he's being roundly mocked for them, yet keeps doubling down on it.