Tesla Talk

Can beat that, a week after trading in, my old car was driven N and S the next morning on the M50, I got the late toll fee letter in. They claimed it was sold onto a dealer, checked last night, its on the webpage for sale. They did say they would cover the toll fees though.

It might be too early in the morning but I dont see a link for that on the eflow site.

Anyone here using the Tesla 3rd party charging that also has a Tesla?

I cancelled my order for a 2nd M3 and went for an EV6. It will primarily be my wife's car but we both swap about a bit.

Maybe I've messed up but I added the annual sub for the 3rd party charging to my account thinking it would be shared with my wife. We went to use it tonight and she didn't have access to the membership so I had to use my app on my phone.

Is there a way to share the membership or would we both have to sign up separately? Not sure it's worth it having 2 accounts to pay for but we swap around cars a bit so need a solution.

I've installed the Tesla app on her iPad which she'd have with her on long journeys. I've signed in there as me so it'll be a quick hotspot and use the app there. But of a pain but it'll have to do.

TSLA share will probably trend positively as investors love "a plan for the next stage of growth".

Average EV drivers will likely shrug their shoulders - I can't see a market defining Steve Jobs iPhone moment about to happen - hope I'm wrong!

Everything Tesla do, outside of manufacturing cars, is still all years away pipedream stuff still.

At this stage we’re all well versed to the broken promises, wild timelines designed to pump the stock, and then limited/nothing released.

as for the stock price, tsla is an outlier in that Musk + Retail account for about 75/80% of the outstanding shares, so it’ll almost certainly going to pump into the news and then deflate again as the news is analysed and digested by people who know what they’re talking about.

We’ve been here for the last 6-8 years lads. This event is nothing different - hell it was even announced totally off the cuff in the days after the massive sell off when people realised the car deliveries were floundering.

Tesla’s SP is absolutely fascinating. A case study.

Not sure: every reputable investment resource online says that retail investors control 44% of all outstanding shares, and there’s lots of articles of how disproportionate that figure is to any company of that Mar Cap.

I’ve no idea what the SP will do! No one does. It’s a momentum stock - so presumably it’ll trade on tonight’s delivery numbers, then the q3 EPS, and then the robo nonsense.

Can’t wait to order my $20k Optimus, or maybe even get on the list for the initial $30k Foundation version.

In Car Spotify account being dropped from premium connectivity from December 1st - you can still use your own account.

I suppose it brings it in line with the other services in car now (Apple Music, audible etc) which require their own premium accounts but never good to use a lose a "perk" and still pay the same.

Email from Tesla

Starting 1 December, 2024, the Spotify Premium vehicle account will no longer be included with your Premium Connectivity subscription. Log in with your personal Spotify account or continue accessing the vehicle account by updating the account information with your personal email. Retaining the vehicle Spotify account requires the 2024.32.4 software update.

To update your Spotify account information:

1. Open the Spotify app from the bottom bar of your vehicle screen
2. Tap on the Account tab
3. Scan the QR code to log in or update the vehicle account information

As always, you can manage or cancel your Premium Connectivity subscription in the Tesla app. 

So what benefits remain on premium connectivity? Satellite maps? Sentry mode?

I think you still get navigation based on the live traffic without premium - you just don't "visualise" it on the screen. Similar to how you still get maps but not satellite imagery.

On the shares , the PE ratio for Tesla is already ridiculous, factoring in growth of 200-300% of the industry average. Last I checked their PE was 75. I can't see them continuing to fulfil the needed growth to keep investors happy with that price.

Remember this is after two stock splits as well.

There's so much future growth priced into the current price that the business analyst in me is wanting to liken their price to the likes of Game or AMC.

I know why it's so high - following the course of events you can see the two splits and the "invest now before we grow exponentially and the price rockets" mantra from some investors.

I think (and I've said this here a few times) all the AI and robotic crap should be split off from Tesla into a new company. Keep tesla cars stable and let tesla AI or whatever take the game leap and explosion. ]

The problem is there's so much future growth priced in already, Musk could invent a supercharger with liquid electricity and it still wouldn't fulfil the growth of 300%. A PE ratio around 20 would be good for a stable company in the auto and finance and AI space. Maybe 30 due to the novelty and exploratory nature of the robotics. But 70-75 is not good.

https://www.macrotrends.net/stocks/charts/TSLA/tesla/pe-ratio

Q3 delivery numbers just dropped, +6% YoY.

That’s not the type of growth you need for a tech growth company to close the gap to the future earnings, that’s priced into the SP.

The car margins data next week could be very interesting - they’ve dropped from a peak of 31% two years ago, to 14% in Q2 ‘24, so that’ll be a key figure to watch.

The rest of the company is a mish mash of projects that may or may not ever generate meaningful revenue (‘meaningful’ being billions in turnover pa. This is a business with a €825bn Mar-cap)

if the margin on their core car business continues to drop towards other mass market premium car brands (hard to see why it won’t), I think that’s when people will start to adjust their SP price targets

Do you honestly think Tesla is just a car manufacturer and all the other stuff is just meaningless mish mash that will never make serious money?