Tesla/Lithium stocks discussion

ct5amr2ig1nfhp

Wondering if it's a good entry point into VW now?

unkel

If I didn't have VW (Porsche) already, I sure would consider buying some now

phantom_lord

Sabre Man wrote: »

I'm still long.

https://www.businessinsider.com/elon-musks-leaked-tesla-email-says-demand-still-high-2019-5?r=US&IR=T

Yeah he releases positive numbers through a leaked email after the SP gets battered, gonna be a bit sceptical.




In other news, genius Musk waits until the share price drops to raise money...and then doesn't even raise enough to buy toilet paper.

Tesla’s new cost cutting-effort is going all the way down to toilet paper

Kilboor

phantom_lord wrote: »

Yeah he releases positive numbers through a leaked email after the SP gets battered, gonna be a bit sceptical.




In other news, genius Musk waits until the share price drops to raise money...and then doesn't even raise enough to buy toilet paper.

Tesla’s new cost cutting-effort is going all the way down to toilet paper

I genuinely like this style of management.

phantom_lord

Having the CFO spending all his time signing off on basic expenses? I mean, that and building cars in tents is an unique approach to business, not quite sure it's the future though.

AlmightyCushion

phantom_lord wrote: »

Having the CFO spending all his time signing off on basic expenses? I mean, that and building cars in tents is an unique approach to business, not quite sure it's the future though.

I've seen it in other companies. It's not unusual when it comes to cost cutting. In reality the CFO will not be investigating every invoice or expenses claim submitted. In a company that big it would be a full time job for a few people at least. They say that so it puts the shíts up any one submitting expenses and reduce the chance of people submitting something they're not meant to. There probably will be increased scrutiny over expenses though.

b4bmm

Ferrari crashed and burst into flames.
One dead, passenger getting treatment with bad burns.
Amount of global headlines received for this crash……..ZERO.
ICE vs Battery safety propaganda continues.

https://www.abc.net.au/news/2019-05-25/one-dead-after-stolen-ferrari-crashes-in-north-perth/11149766

Shai

b4bmm wrote: »

Ferrari crashed and burst into flames.
One dead, passenger getting treatment with bad burns.
Amount of global headlines received for this crash……..ZERO.
ICE vs Battery safety propaganda continues.

https://www.abc.net.au/news/2019-05-25/one-dead-after-stolen-ferrari-crashes-in-north-perth/11149766

the ferrari caught fire after a crash. The tesla caught fire when sitting in a parking garage. Tiny bit of a difference, no?

phantom_lord

Wasn't expecting a post from b4bmm unless the share price was 250+! :pac:

b4bmm

Shai wrote: »

the ferrari caught fire after a crash. The tesla caught fire when sitting in a parking garage. Tiny bit of a difference, no?

If it caught fire after a crash then there are people in the vehicle, as seen by the death and serious burns. Catching fire in a parking garage likely means reduced risk of deaths, Yes a difference, Which is worse?

Point being, you very very very rarely hear about an ICE catching fire. A Tesla catching fire is global headlines everywhere despite the fact there is no evidence they are more hazardous. On the contrary;

“The National Highway Traffic Safety Administration sponsored a study on the questions of electric vehicles and fires in 2017, which concluded that “the propensity and severity of fires and explosions from the accidental ignition of flammable electrolytic solvents used in [lithium-ion] battery systems are anticipated to be somewhat comparable to or perhaps slightly less than those for gasoline or diesel vehicular fuels.”

Propaganda

phantom_lord

It's a conspiracy!

b4bmm

“But last year, VW CEO Herbert Diess said that he doesn’t want to become dependent on those manufacturers:

“We must not make ourselves dependent on a few Asian manufacturers in the long term,”

They are now considering building their battery factories again, but they have to work with suppliers in the meantime.”


Whoops. All These guys are years behind Tesla and have NFI what they are doing. Are Tesla too early to the game though, they need to start turning a buck.

drunkmonkey

Isn't it Panasonic that supplies Tesla with their batteries. I'd assume they know what there doing.

phantom_lord

Margin rates going up for Tesla shares, even the brokerages are in on the conspiracy.

Sabre Man

Made in China Model 3 SR+ will cost about the same as a BMW 3 series and Mercedes C class. Deliveries should start in 6 to 10 months.

unkel

I think I read a few weeks ago that build of the Gigafactory 3 (China) was complete externally. Would be incredible progress if they started turning out cars in 10 months time. I'll believe it when I see it!

drunkmonkey

Oh lord won't you buy me a Tesla just doesn't have the same ring to it....

Thargor

Below $180 now and falling.

unkel

drunkmonkey wrote: »

Oh lord won't you buy me a Tesla just doesn't have the same ring to it....

I already own a Porsche and a Mercedes-Benz

Sabre Man

TSLA is up over 8% today.

Sabre Man

After the dump comes the pump.

https://www.cnbc.com/2019/06/05/tesla-outpacing-ev-competitors-as-may-demand-surprises-analysts.html?__source=newsletter%7Cmorningsquawk

Sabre Man

This should be interesting.
https://www.tesla.com/shareholdermeeting

unkel

And it was interesting. Pretty impressive that the Model 3 now generates more revenue than any other car in the US. More than number 2, the Toyota Camry and number 3, the Honda Accord

And the affirmation that demand > supply for the Model 3. There has been a lot of FUD and fake news about this stating otherwise.

My daughter is doing her junior cert French tomorrow. I explained to her what etron means in French only a few days ago. I was pleasantly surprised Elon mentioned this after showing his graph with the Audi at the very bottom in terms of efficiency

Guesses on the share price movement tomorrow? I'll start the ball rolling with 3% up on the day.

unkel

Down 3% for the day

Sabre Man

Bob Lutz is impressed by the Model 3 panel gaps and paint quality

https://www.roadandtrack.com/new-cars/a28008116/tesla-model-3-build-quality-bob-lutz/

Sabre Man

Q2 deliveries: 95,000! A new record and much better than expected. TSLA is up over 5% after market close.

https://electrek.co/2019/07/02/tesla-global-delivery-record-q2-2019/

OwlsZat

Credit to Elon. RIP combustion engines!

Sabre Man

More good news.

Tesla (TSLA) rises amid hints of Fremont plant’s production boost, new hiring ramp
https://www.teslarati.com/tesla-tsla-rises-leaked-memo-model-3-production-boost-hiring-ramp/

phantom_lord

"Appreciating asset"

https://twitter.com/NAVYBOYUSA/status/1151242779378343938

vargoo

phantom_lord wrote: »

"Appreciating asset"

https://twitter.com/NAVYBOYUSA/status/1151242779378343938

He's looking for a job on there now...

More money than sense anyway...