Tesla Model 3 - Make or Break ??

Your even ahead of Texas and I and YOUR RIGHT.
But studies show, 50 and 60 year old baby boomers as a whole still interact and go to the bank and walk and speak.
But your right the below 45 group are overall zombies.
That's 15 to 20 years away,happily we wont have to worry about it....

 

I go to Costco every couple weeks. I don't see that changing for me anytime soon and I'm in my early 30s (member 10+ years).

 

Musk vows to 'burn' Tesla shorts but admits he was foolish on analyst call

May 6 2018


Elon Musk pledged to "burn" investors shorting Tesla and criticised both analysts and himself for the bizarre earnings call that dragged on shares of the electric-car maker.


Musk tweeted that analysts at Sanford C Bernstein & Co and RBC Capital Markets were representing "a short seller thesis, not investors" when posing questions he cut off during last Wednesday's call. The chief executive officer reiterated that an inquiry about capital expenditures by Bernstein's Toni Sacconaghi was "boneheaded" and said RBC's Joseph Spak posed an "absurd" query about Model 3 reservations.

"Oh and uh short burn of the century comin' soon. Flamethrowers should arrive just in time," Musk wrote, referencing devices he sold earlier this year to raise money for his tunnel-digging company Boring.

The tweets are the latest episode to suggest that the billionaire CEO fixates on investors' bets against Tesla, a company that hasn't earned an annual profit in its 15-year history. A Rolling Stone cover story in November described a scene in which Musk shared information about short-sellers' Tesla positions with his sons. He trolled bears in April 2017, tweeting "Stormy weather in Shortville... " after Tesla surpassed Ford in market value.

Responding to a Twitter user who asked if he should have just blocked the analysts from the call, Musk wrote back: "True. And once they were on the call, I should have answered their questions live. It was foolish of me to ignore them."

Musk, 46, rejected Sacconaghi and Spak's questions during the call to discuss another quarter in which Tesla burned more than $1bn in cash.

Bloomberg



https://www.independent.ie/business/world/musk-vows-to-burn-tesla-shorts-but-admits-he-was-foolish-on-analyst-call-36877364.html

 

You call them appliances, but ignore the multitude of appliance brands that exist. And lots of folks very much care about the nameplate of their appliance. Not to mention that even if all cars are autonomous there will still be a ton of room for differentiation, from interior comfort to routing performance.

 

If you use your phone to order an autonomous Pod for a 20-minute ride, are you going to care who makes the Pod?


Sent from my iPhone using FerrariChat

 

If the Ferrari can do it 15 minutes, and the Toyota takes 25 minutes, yes I will.

Just as additional point, Uber has multiple levels, and people pay more for UberBlack.

 

Do you know the make of the car you'll get in UberBlack?

 

I’m not a clean nut, but my car is mostly spotless inside, I’m wondering how they are going to keep these pods up. I’ve seen cars that are nightmares inside that I would be afraid of riding in.

 

Beats me. I sense a patent opportunity.

 

the number one dream car for millenials is ......... a tesla.

for all drivers in america, the tesla is in the top 5 dream cars. the spot within that top 5 depends on gender, location, age, etc.

it is not a bmw, ferrari, or porsche. it is not an anonymous uber pod.

it is a tesla.

 

Wow. Sad.
This won't end well.

 

A recent car event a friend went to. My friend suggested there was more interest in the Tesla. I just think they were worried about making it home without a 13amp socket
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I remember the dot.com bubble (I never invested in that crap) putting ridiculous values on companies that never in some cases made a dime. The way I see it sooner or later Telsa will either have to actually do what they say, make a profit, be bought out, merge, or go out of business. You can argue each of those choices, but with Porsche, MB, Jaguar, and Geely (all have a lot more money and better understanding of cars), coming for them, plus the fact the largest factory (which makes the Tesla/Panasonic site look tiny) in the world making lithium batteries is in China. I would not be wearing shades if I was Tesla, the future does not look bright!

 

By the way I did invest sometime ago in Tesla, then I saw dot.com writing on the wall!

 

Opinion: Here are all the ways that Tesla has gone from bad to worse

May 8, 2018


Elon Musk’s tough year just got a lot tougher

It had been a rough year for Tesla investors. And, last week, things went from bad to worse.

Tesla Inc. TSLA, -0.71% held a memorable earnings call Thursday, as CEO Elon Musk mocked an analyst’s question as “not cool” and criticized the media for sensationalizing autonomous-vehicle crashes.

It’s tempting to think that this is just another unconventional event from a feisty CEO at a dynamic technology company. However, it’s important to keep in mind that Tesla shares are down about 25% from their all-time high of $383 set in June 2017. That’s after a host of concerns that include a fatal crash for one of its Model X SUVs on Autopilot, a recall of more than 120,000 Model S sedans and mounting concerns about its cash position, among other things.

Read: Tesla adjusts numbers for impact of new revenue rules that also helped it beat estimates

With momentum stocks like Tesla, the narrative drives the stock. And until a year ago, Musk & Co. were able to spackle over some of the holes with big talks about their hopes and dreams.

But, lately, as the cold reality of cash burn, lawsuits and production bottlenecks has been brought to bear, the narrative has changed. And particularly over the past few months, Tesla has had as much trouble manufacturing favorable news items as it has producing its new Model 3 vehicle.

I’m not saying Tesla can’t turn this around. Nor am I saying that if the drumbeat of unfortunate headlines continue, that Tesla will go bankrupt, as former General Motors GM, -1.01% exec Bob Lutz recently predicted on CNBC.

However, it is worth considering what happens when Tesla loses the benefit of the doubt — and loses a serious chunk of market value as a result.

Here are the seven big worries for Tesla investors:

A history of misses
The only thing really shocking about how inconsistent Tesla is about hitting its production targets is that each quarter, analysts look at the number as a firm figure instead of just what Elon’s best guess is this time around. In April, investors were greeted by a leaked memo that effectively said the company will put the pedal to the floor and start producing 24/7 to meet goals … but what happens when Tesla missed even then? And while profits never seem to be a concern, does anyone on God’s green Earth simply screaming “all hands on deck for overtime!” is the most profitable and error-free way to run a manufacturer of 21st-century vehicles? Though the urgency is overdue, it’s clear there are big risks regarding Tesla’s likelihood of hitting future targets.

Analysts are losing their patience
Some have scoffed at the reaction to Musk’s behavior in the earnings call as simply sour grapes from investment bankers who aren’t used to dealing with dynamic leaders instead of the typical stuffed shirts. But you have to consider that these analysts are motivated by only one thing: getting to the bottom of a company’s share price. Theoretically, the CEO of a publicly traded company should care about share price too, but after tweets making light of last week’s double-digit decline, it’s hard to have confidence that Musk will do anything to protect shareholder value. The price cuts from J.P. Morgan, RBC Capital and others reflect this reality, not something as petty as hurt feelings among Wall Street insiders.

Cash crunch
Last quarter, Tesla lost an adjusted $568 million, though, as the Wall Street Journal pointed out, the actual cash burn figure on the quarter was conspicuously missing and likely much higher than that. And while Musk claims that his car company will be profitable in the second half of the year, how long will that last, and how much capital will be needed to continue ramping production? Though Musk dismisses the need for cash, experts at Moody’s, Bernstein and Goldman Sachs have stated a capital increase is needed in the coming months. Anyone who thinks Tesla can just focus on making cars in its current financial structure simply isn’t doing the math.

Competition heats up
While Tesla has struggled mightily to meet production targets and fulfill a backlog of demand, other auto manufacturers seem to be having no trouble with their own plug-in models. Consider that overall electric vehicle sales were up 25% in 2017 over 2016, and while the flagship Model S remained the best seller in America at 27,000 units, the Chevy Bolt tallied 23,000 sales to come in close behind. And anyone who has followed the EV space for a few years knows that Nissan’s Leaf is also very popular, and was held back in 2017 only as the company bled down supplies of its older model to set the stage for a cheaper, longer-range model that has a lot of potential to continue building the brand. If you think Tesla has a stranglehold on the market, you’re just not paying attention.

Challenges to battery supplies
Systemic challenges continue to put a damper on electric vehicle production, including the not insubstantial challenge of a massive demand spike for metals like cobalt and lithium that are used in next-gen batteries. And recently, Moody’s called out chronically low investment across the mining industry as a big red flag for EV producers and others dependent on lithium batteries, both because of a lack of dedicated mines, but also a lack of production in base metals like copper that often strike small deposits of ores as byproducts of their main mining operation. Tesla itself identified the challenges caused by a battery bottleneck when it announced its ambitious Gigafactory project, but what good is a facility to make those batteries if there’s not enough raw material to go around?

Truck troubles
Startup Nikola Motor Co. recently filed a $2 billion lawsuit against Tesla, alleging infringement on the design of its new big rig that was unveiled in November. Even if the lawsuit doesn’t have merit, there’s the chance of a costly and protracted fight ahead of Tesla and Musk — and if recent events are any indication, it’s highly unlikely that Musk will cave in and just settle for expediency’s sake if his ego is threatened. Wall Street has long been eager for Tesla to show it’s serious about building out its business in full, and the reveal of a long-haul semi was a small part of the reason that Tesla stock firmed up late last year through February. With a cloud of uncertainty here around the truck line, it’s business as usual, which right now clearly is a risk.

Wrong definition of leadership
While Wall Street tends to go ga-ga over dynamic plans for moon shots and “disruption,” the reality is that the best CEOs often are simply the ones who get things done. But the data geeks at Freakonomics actually determined that the best execs — at least, as measured by stock price of the publicly traded companies they run — is simply to be an industry insider who knows how to execute. That’s not to say big ideas don’t matter, of course, since those ideas are in truth the only reason Tesla exists. But as my MarketWatch colleague Tim Mullaney recently wrote, “Musk’s vision and technical genius aren’t in most of us, yet he lacks something lesser executives generally have — the ability to shut his mouth and keep promises.” There is a lot of value (particularly shareholder value) in a leader who can do these things, instead of just tweeting about space travel or Hyperloops.



https://www.marketwatch.com/story/here-are-all-the-ways-that-tesla-has-gone-from-bad-to-worse-2018-05-08

 

His recent talk about contractors really sound like someone who sees everything falling apart and is looking for someone to blame. If you have an issue with contractors you should deal with it in a reasonable measured fashion, not just lock them all out. If this happened at my company we would start missing project deadlines almost immediately. Everyone would have to stop working and start planning for how to replace all the contractors and who to vouch for. I’d have a bunch of contractors in my office first thing the next day keeping me from getting any work done and probably a bunch of resignations. Maybe I’m wrong, maybe he’s a genius in HR too.

https://gizmodo.com/tesla-will-lock-out-contractors-on-monday-unless-employ-1825812405

 

Yawn

 

did you guys see that california voted to mandate that all new homes as of 2020 will be required to have solar panels sufficiently powerful to power the house......

 

Yes, and they say it will save home owners money. The strange thing is I’ve never thought you would have to force people to do something that would save them money.

 

guess who makes (and 'in america') the best looking solar panels disguised as roof tiles.......

 

Living in Houston where it’s extremely hot and sunny for a large portion of the year you’d think there would be solar panels everywhere if they made economic sense, right? For some reason I don’t see any. A government subsidy will take care of that I’m sure. The government takes in a huge amount of money taxing fossil fuels, they should probably take some of that and give it to Elon, the $7500 per car he gets is not near enough. He needs to be Jeff Bezos rich. Us poor people need to buy his solar panels, we shouldn’t have a choice.