1x Tsla Discussion Threads

[cfb2] 26/4/2024 12:41

blusteradjuster: Happens when traders think they can make a quick buck from shorting Tesla. I'm not engaging with them because they just post links to incorrect or badly researched video, no facts, no reputable sources and many strange opinions.

For example:
We remember the Professor from Imperial, a statistical expert saying that without a lockdown Covid deaths would rise to 250,000 over the next few weeks.
No dynamic analysis at all, as if we would not modify our behaviour without compulsion after we see many of our neighbours and friends dying.

We now live in an age of idiot experts, the term Dr or Professor has been devalued.

Anyone with the opinion that Doctors and Professors, with a minimum of peer reviewed post grad work, should be ignored in preference to someone who has fallen off the turnip truck tells me they will not have the critical thinking skills necessary to engage in a coherent argument.

[careful] 26/4/2024 11:17

Climate scientists and their extrapolated theories.

We remember the Professor from Imperial, a statistical expert saying that without a lockdown Covid deaths would rise to 250,000 over the next few weeks.
No dynamic analysis at all, as if we would not modify our behaviour without compulsion after we see many of our neighbours and friends dying.

We now live in an age of idiot experts, the term Dr or Professor has been devalued.

What cars have to do with climate change we all wonder about.
A simple plot af the measurements of the levels of Co2 various distances from motorways is revealing.
After about 200 meters it barely exists. Heath issues, well yes that is obvious. Often a popular way of suicide was to shut a garage door and leave the engine running.

But global warming, I think not, CO2 will not easy drift up to 30,000 feet where the temperature is minus 40 deg.
Coal fired power stations, well yes, now you are talking turkey. Way back there were chimney sweeps, the chimneys of every house were filled with the most disgusting soot, filthy.
The Chinese and Indians are still building coal fired power stations at a pace. They argue that per capita, with their huge populations, they are much cleaner than America.
They will need those power station to charge their electric vehicles.
Discuss...Electric vehicles are dirtier than small petrol cars. Number required.

[hosede] 26/4/2024 10:56

I guess Cathy bought most of them!

[johnwise] 26/4/2024 09:46

Monster insider trading alert: Former Tesla executive sells $180 million of TSLA shares

Although criticism is growing regarding the ethics and fairness of individuals trading stocks of companies in which they have extensive insider information, such a practice continues, with one of the recent examples including a former Tesla (NASDAQ: TSLA) top engineering executive.

Specifically, Andrew Baglino, who resigned from his position as the senior vice president of powertrain and energy engineering at Tesla a couple of weeks ago, has sold over 1.1 million TSLA shares worth about $181.4 million, according to the information shared by markets analyst Barchart in an X post on April 26.

[hosede] 26/4/2024 09:37

Some climate scientist group estimated that the cost of global warming would be over $30Trn a year by 2050 - not that far in the future!
It's difficult to translate that rather nebulous fgure into reality, but I think it means that overall standards of living will be massively reduced.
Food energy and shelter will be paramount for most people, and private cars (of any type) are likely to be rareties.

Whatever! - the idea that life will be like today but we will all be charging around in EVs is a fantasy

[simon gordon] 25/4/2024 08:55

FT - 25/4/24:

Hours after Musk’s call with investors, BYD, Tesla’s largest rival, announced that it planned to bring its ultra-cheap Seagull EV to Europe and the UK from next year.

The vehicle, which sells for less than $10,000 in China, has caused near-panic among western carmakers, who argue they simply cannot compete with such prices.

...“China has built an industry that can produce excellent cars at truly remarkable price points almost all through the range of products,” said James Anderson, a managing partner at Lingotto Investment Management, which holds Tesla shares. “A sub-$10,000 BYD Seagull domestically is a clarion call.”

He told the FT that Tesla “is acknowledging the reality of the challenge of Chinese pricing”.

The Model 2 — or whatever version of a cheaper car takes its place in the line-up — accounts for about half of analysts’ projections for Tesla’s long-term sales.

If the plans had been shelved or pared back in ambition, Tesla — which once aimed to grow to the size of Toyota and Volkswagen combined by 2030 — would for now remain a more modest manufacturer than expected.

The idea that the company would kill the model “doesn’t make any sense”, said one former executive, noting that Musk used to “school” those around him on the ever-urgent need to reduce costs.

“The whole premise of the gigafactory, the whole point of getting the [battery] pack price down, was to get cheaper cars,” the former executive added. “If he really wants mass adoption, he must know from the turmoil of the last year that affordability is the big issue”.

[hosede] 24/4/2024 21:40

More problems - I'm afraid Tesla will get blamed for everything. If it had been a "normal" car, the make would probably not even have been mentioned.

[blusteradjuster] 24/4/2024 15:10

Don’t be too gloomy about Tesla and its EV rivals.

[simon gordon] 24/4/2024 11:08

Nissan going all in on solid-state batteries:

FT - 24/4/24:

Last week, in the shell of a factory that Nissan insists will be churning out solid-state batteries by 2028, an executive of the Japanese carmaker fired back at scepticism about the nascent technology from companies he says are clinging to the past.

“All the battery suppliers want to keep enjoying the liquid-type batteries, which they have now. They’ve already made a big investment so not only CATL, but all the battery suppliers are not so very positive on solid state yet,” said the executive on the sidelines of a tour.

He was responding to claims made recently by the founder and chief executive of CATL, the Chinese company that dominates the electric vehicle battery industry, that the much-hyped solid-state batteries did not work well enough, lacked durability and still had safety problems.

It is not a criticism that Japan’s carmakers take lightly. Toyota led the way on research into solid-state batteries — which avoid the need for liquid electrolyte used in today’s technology and promise more range and better safety for electric vehicles — and they could be the deus ex machina that transforms Japanese carmakers’ growth prospects.

That is why investors and legacy battery makers, are watching, hawk-like, for signs that Japanese companies can make good on claims they will be able to commercialise the tech in the coming years. Toyota is aiming for as early as 2027, Nissan the year after and Honda by the end of the decade.

[blusteradjuster] 24/4/2024 09:49

It has been a long-time since anyway suggested TSLA might be 'going to 0'.

I'm so old I remember some, otherwise respectable, posters suggesting things like 'TSLA is a fraud' and 'they're going to zero' many moons ago..

[mauricemonkey] 24/4/2024 09:11

OOoooffff - that free cash flow miss.
Meant to be $650m, actually -$2.5bn.
Tesla likely structurally loss making, sales falling and prices collapsing. Could be the beginning of the end.

[johnwise] 24/4/2024 05:53

Tesla announces Q1 financial results; revenue slumps amid operational challenges

Tesla unveiled its first-quarter earnings on Tuesday after market close.

[hpcg] 23/4/2024 21:13

Price reductions are in competitive markets, predominantly China, and where sales are struggling, the US.

[dominiccummings] 23/4/2024 21:10

Interesting. I just looked at UK pricing for the new Model 3 range. All the talk has been price reductions but the equivalent model to mine is pretty much the same UK price!

[hosede] 23/4/2024 20:08

earnings just came out-roughly in line. Glad I closed my short earlier today. The really big thing is how they do in Q2

[simon gordon] 23/4/2024 19:54

22/4/24

Alienating Tesla Buyers by the Cybertruck-load

What makes this so perplexing is what an unforced error this has been. Musk moved the entire auto industry towards electric, he had amassed enormous goodwill and had a built-in customer base that was very loyal. All he had to do was not screw it up, which — apparently — was a bridge too far.

[hosede] 23/4/2024 11:27

On Tesla, Cathy's Ark funds are suffering huge withdrawals - $2.2Bn this year - which I think means she will have to rduce her Tesla holding at some point in the not too far distant future

Edit - but at the moment she is still buying vigorously

[hosede] 23/4/2024 11:24

"Rainman" I think shows what the human brain could do if we managed to wire it up properly.
Yes silicon chips could grow old and die, but they could also go into hibernation for immense time periods that we can't.
I'm sure that if an alien were to arrive here, it would be based on silicon.

[hpcg] 23/4/2024 10:11

I'm flat going into earnings. We know they'll be bad, possibly priced in, and we know there'll be a robotaxi announcement. It is the reaction I'm interested in. No reaction makes for a convincing short, a strong reaction with follow through would mean waiting for a bounce to complete. We know they won't be out in August as Elon's reach targets are never reached, it is whether the likely slippage for the offering is months or years or never.

[simon gordon] 23/4/2024 06:10

Bumper sticker in the States shows where Musk has taken the brand:

[dominiccummings] 22/4/2024 20:15

#10664 That post shows a complete ignorance of what has been delivered by the computer revolution. A stunning misunderstanding as to how multiple faster smaller processors can build on existing knowledge and develop new insights, that is artificial intelligence.

[careful] 22/4/2024 19:26

We underestimate the subtly and power of the human brain.

I suppose kids were even scared of Daleks in Dr. who way back.
So easy to defeat.

That you think that small microprocessors are 'clever' amazes me.
I worry that it will be more a case of AS not AI.
(artificial stupidity)

That said who would have ever guessed that smashing a couple of lumps of Uranium together could blow up a city?
Some people I suppose tried to work out why the Sun burns brightly for billions of years without going out.
..and yet there are awful diseases we cant understand, why does a dog die at 15 and we live for 80+ years and a Turtle 200?

Ask AI you will get AS. Artificial stupidity. Even Elon doesn't now.