Didn't you also say FEYE would have 100% YOY gains?brunes wrote: ↑ - The fact that they are 5 years ahead of all their competitors in terms of technology, as based on recent UBS teardown
- The fact that they will be profitable this year and thus don't need any more cash raises unless something tremendously unexpected occurs
- Brand weight and quality lead of TSLA is enormous. People who think Nissan and Ford are in the race are deluding themselves.
This will be a $500 stock before end of next year, IF it doesn't get taken private this year.
So glad I own TSLA!!!
- Last Updated:
- Mar 28th, 2024 7:28 pm
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- SCORE+28
- notenoughsleep
- Deal Fanatic
- May 22, 2003
- 9325 posts
- 6386 upvotes
- Vancouver
- BrianWS6
- Member
- Apr 2, 2016
- 482 posts
- 318 upvotes
You shouldn't be investing any money in this company if you don't know the facts. 1) They aren't even remotely profitable. 2) The path they are on is not sustainable. 3) Elon Musk's guidance for production & profitability are not grounded in reality.brunes wrote: ↑ If you believe in TSLA or were a buyer at any time in the past year, you should be buying on this dip. I threw in another 20K the other day.
None of the fundamentals have changed, including Musk or his behaviour. He's always been an erratic genius, and he has been working the same schedule and using Ambien for at least a year at this point, by his own admission. If there are fines or other fallout from his "funding secured" tweet, it will be against him personally, not against TSLA.
TSLA is very much on track to be profitable this year. Model 3 Output Tracker: https://www.bloomberg.com/news/articles ... l-3-output
All this and they still have a 19 month backlog of reservations. And they haven't even allowed test drives... which start this month. Predictions are that reservations may outstrip production capacity again.
When the banks stop financing the debt, it's game over for TSLA.
- BrianWS6
- Member
- Apr 2, 2016
- 482 posts
- 318 upvotes
- dirtmover
- Deal Fanatic
- Nov 2, 2005
- 5355 posts
- 2721 upvotes
- WFH
This https://cleantechnica.com/2018/02/03/mu ... y-kia-90s/MoneyHypeMike wrote: ↑ 3- Quality lead at TSLA? lol...
- treva84
- Deal Fanatic
- Nov 9, 2013
- 5885 posts
- 7465 upvotes
- Edmonton, AB
The video linked is very interesting. I think this build would have been pre tent as well. Here's the link to the video for those that don't want to click the link.
Buy right, hold tight. Keep calm and go long.
- Guest37273939
- Deal Addict
- Jul 27, 2017
- 2180 posts
- 950 upvotes
^ that
could it simply be one of those stocks that you 'love to hate' or 'hate to love'?
average 10 million shares a day, 13 million traded today, stock is up - tomorrow folks will be saying 'I should have'
- Guest37273939
- Deal Addict
- Jul 27, 2017
- 2180 posts
- 950 upvotes
^ that
could it simply be one of those stocks that you 'love to hate' or 'hate to love'?
average 10 million shares a day, 13 million traded today, stock is up - tomorrow folks will be saying 'I should have'
- bobbings
- Deal Fanatic
- Sep 14, 2006
- 9644 posts
- 2634 upvotes
I completely agree about the weird door handles. I hate how it operates. Opening it sucks. The other safety concerns he’s got, seems legit but I can’t really comment on those.
TEAM CANADA!!!!!!!!!!!
- bobbings
- Deal Fanatic
- Sep 14, 2006
- 9644 posts
- 2634 upvotes
https://jalopnik.com/engineering-firm-t ... 1825472446
Here’s the same Munro guy praising the model 3 two months after his criticism of the same car.
Here’s the same Munro guy praising the model 3 two months after his criticism of the same car.
TEAM CANADA!!!!!!!!!!!
- treva84
- Deal Fanatic
- Nov 9, 2013
- 5885 posts
- 7465 upvotes
- Edmonton, AB
https://markets.businessinsider.com/new ... 1027480762
"Our teardown experts noted numerous Model 3 quality issues including inconsistent gaps & flushness throughout the car, missing bolts, loose tolerances, and uneven & misaligned spot welds," the team of analysts led by Colin Langan wrote in a note to clients Thursday.
Buy right, hold tight. Keep calm and go long.
- MrMom
- Deal Guru
- Aug 17, 2008
- 10990 posts
- 13540 upvotes
Key phrase. "my belief that there is more than enough funding..."
https://www.tesla.com/blog/staying-public
Staying Public
Elon Musk August 24, 2018
Earlier this month, I announced that I was considering taking Tesla private. As part of the process, it was important to understand whether our current investors believed this would be a good strategic move and whether they would want to participate in a private Tesla.
Our investors are extremely important to me. Almost all have stuck with us from the time we went public in 2010 when we had no cars in production and only a vision of what we wanted to be. They believe strongly in our mission to advance sustainable energy and care deeply about our success.
I worked with Silver Lake, Goldman Sachs and Morgan Stanley, who have world-class expertise in these matters, to consider the many factors that would come into play in taking Tesla private, and to process all the incoming interest that we received from investors to fund a go-private transaction. I also spent considerable time listening to current shareholders, large and small, to understand what they think would be in the best long-term interests of Tesla.
Based on all the discussions that have taken place over the last couple of weeks and a thorough consideration of what is best for the company, a few things are clear to me:
After considering all of these factors, I met with Tesla’s Board of Directors yesterday and let them know that I believe the better path is for Tesla to remain public. The Board indicated that they agree.
Moving forward, we will continue to focus on what matters most: building products that people love and that make a difference to the shared future of life on Earth. We’ve shown that we can make great sustainable energy products, and we now need to show that we can be sustainably profitable. With all the progress we’ve made on Model 3, we’re positioned to do this, and that’s what the team and I are going to be putting all of our efforts toward.
Thank you to all of our investors, customers and employees for the support you’ve given our company. I’m incredibly excited to continue leading Tesla as a public company. It is a privilege.
https://www.tesla.com/blog/staying-public
Staying Public
Elon Musk August 24, 2018
Earlier this month, I announced that I was considering taking Tesla private. As part of the process, it was important to understand whether our current investors believed this would be a good strategic move and whether they would want to participate in a private Tesla.
Our investors are extremely important to me. Almost all have stuck with us from the time we went public in 2010 when we had no cars in production and only a vision of what we wanted to be. They believe strongly in our mission to advance sustainable energy and care deeply about our success.
I worked with Silver Lake, Goldman Sachs and Morgan Stanley, who have world-class expertise in these matters, to consider the many factors that would come into play in taking Tesla private, and to process all the incoming interest that we received from investors to fund a go-private transaction. I also spent considerable time listening to current shareholders, large and small, to understand what they think would be in the best long-term interests of Tesla.
Based on all the discussions that have taken place over the last couple of weeks and a thorough consideration of what is best for the company, a few things are clear to me:
- Given the feedback I’ve received, it’s apparent that most of Tesla’s existing shareholders believe we are better off as a public company. Additionally, a number of institutional shareholders have explained that they have internal compliance issues that limit how much they can invest in a private company. There is also no proven path for most retail investors to own shares if we were private. Although the majority of shareholders I spoke to said they would remain with Tesla if we went private, the sentiment, in a nutshell, was “please don’t do this.”
- I knew the process of going private would be challenging, but it’s clear that it would be even more time-consuming and distracting than initially anticipated. This is a problem because we absolutely must stay focused on ramping Model 3 and becoming profitable. We will not achieve our mission of advancing sustainable energy unless we are also financially sustainable.
- That said, my belief that there is more than enough funding to take Tesla private was reinforced during this process.
After considering all of these factors, I met with Tesla’s Board of Directors yesterday and let them know that I believe the better path is for Tesla to remain public. The Board indicated that they agree.
Moving forward, we will continue to focus on what matters most: building products that people love and that make a difference to the shared future of life on Earth. We’ve shown that we can make great sustainable energy products, and we now need to show that we can be sustainably profitable. With all the progress we’ve made on Model 3, we’re positioned to do this, and that’s what the team and I are going to be putting all of our efforts toward.
Thank you to all of our investors, customers and employees for the support you’ve given our company. I’m incredibly excited to continue leading Tesla as a public company. It is a privilege.
Answer not a fool according to his folly, lest thou also be like unto him = Never argue with an idiot, they'll only bring you down to their level & beat you with experience
- MoneyHypeMike
- Deal Fanatic
- Jul 22, 2015
- 6185 posts
- 4811 upvotes
- Saint-Hubert, QC
What did I just read, lol.
- jerryhung
- Deal Expert
- Sep 19, 2004
- 26763 posts
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- where I belong
I feel bad for shorts who were stopped out after that tweet
How is this even legal
What kind of board allows CEO to do this? Unbelievable
How is this even legal
What kind of board allows CEO to do this? Unbelievable
Which Credit Cards to sign up? >> Jerry's Mega Thread of Credit Cards Q&A
- cartfan123
- Deal Guru
- Sep 8, 2007
- 10979 posts
- 14474 upvotes
- Way Out of GTA
You just read about the genesis of many lawsuits. But because he has the shareholders feelings in mind....hahaha.MoneyHypeMike wrote: ↑ What did I just read, lol.
- Cress
- Deal Addict
- Jul 15, 2006
- 3668 posts
- 567 upvotes
Oh this is going to hurt on Monday... I wonder if this whole parade was planned just to squeeze shorts out and out the fear of god into them... that last point pretty much says he could take Tesla private if he wanted to...
I wonder if we’ll see other companies pulling stunts like this or maybe even Elon doing it again in the future if he comes out of this unscathed...
At least we know now that the board is never abandoning this lad...
I wonder if we’ll see other companies pulling stunts like this or maybe even Elon doing it again in the future if he comes out of this unscathed...
At least we know now that the board is never abandoning this lad...
- brunes
- Deal Expert
- Dec 11, 2005
- 20136 posts
- 2964 upvotes
I could practically copy and paste your post word-for-word back in 2010 about Amazon stock.BrianWS6 wrote: ↑ You shouldn't be investing any money in this company if you don't know the facts. 1) They aren't even remotely profitable. 2) The path they are on is not sustainable. 3) Elon Musk's guidance for production & profitability are not grounded in reality.
When the banks stop financing the debt, it's game over for TSLA.
Not according to pre-market.
To be nobody but yourself - in a world which is doing its best, night and day, to make you everybody else - means to fight the hardest battle which any human being can fight; and never stop fighting. -- E. E. Cummings
- BestOffer
- Deal Guru
- Aug 17, 2002
- 13524 posts
- 4710 upvotes
- Tri-Cities (BC)
Pre-market 308.14 −14.68 (4.55%)
glad to own some since $180
glad to own some since $180
- treva84
- Deal Fanatic
- Nov 9, 2013
- 5885 posts
- 7465 upvotes
- Edmonton, AB
This is selection + hindsight bias - how many companies with no profits have gone on to become Amazon?
Also Jeff Bezos is fundamentally different from Elon Musk - Bezos will take the long term view and sacrifice short term gains to meet a longer term goal. Elon seems to be rather impulsive and is more concerned about what his stock price is doing in the short term rather than creating long term value. An example is building cars in a tent with poorly skilled labour, to meet a quarterly estimate for production. How good is the QC on these cars? How are they going to age in the next 1, 5, 10 years?
Buy right, hold tight. Keep calm and go long.
- brunes
- Deal Expert
- Dec 11, 2005
- 20136 posts
- 2964 upvotes
Look - honestly I don't really care. Come back and check this thread in 48 months and we will see. I already made my money on this stock, and took a ton of profit. I am ahead no matter what. But I expect to make a lot more money before this is over. Elon knows what's what.treva84 wrote: ↑ This is selection + hindsight bias - how many companies with no profits have gone on to become Amazon?
Also Jeff Bezos is fundamentally different from Elon Musk - Bezos will take the long term view and sacrifice short term gains to meet a longer term goal. Elon seems to be rather impulsive and is more concerned about what his stock price is doing in the short term rather than creating long term value. An example is building cars in a tent with poorly skilled labour, to meet a quarterly estimate for production. How good is the QC on these cars? How are they going to age in the next 1, 5, 10 years?
To be nobody but yourself - in a world which is doing its best, night and day, to make you everybody else - means to fight the hardest battle which any human being can fight; and never stop fighting. -- E. E. Cummings
- treva84
- Deal Fanatic
- Nov 9, 2013
- 5885 posts
- 7465 upvotes
- Edmonton, AB
I hope it works out for you (no sarcasm). I agree, it'll be interesting to see where TSLA - both the company and the stock price - goes in the next 48 months.
Buy right, hold tight. Keep calm and go long.
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