Tesla Talk 2

I don't think the 10k equity was ever really there to be fair, not after the price cuts at least.

the Cybertruck has also shown that just because Tesla builds something, it doesn’t mean people will spend serious money buying one - so the notion of the general public spending $20-30,000 on a humanoid Optimus is genuinely fanciful.

Commercial applications maasaaaybe, but it’s hard to see. Behind the scenes factory work, perhaps - but again, look at the Pepsi deal for the Semi truck, it’s been a disaster and that truck project is going nowhere fast

Apologies, yes, I was conflating solar and storage business. It does seem solar is not a major growth area, since they aren't reporting it separately in the financial statements. I doubt it's a failing business or they would quickly chop it off. It seems they have moved away from the installation end of the business but are still producing solar roof products. But indeed, the power storage business is the big one. Powerwall seems to be doing very well with more than 600,000 installs (Feb '24).

Boring Co.: In Las Vegas, they have completed 1st phase of convention centre project a while back and I think they have complete the 2nd phase to join Resort world and Encore. Then they have a much bigger project to expand the system over 67 miles along and around the Vega strip with over 100 stations. They’ve begun some initial construction for part of the strip. Dubai are planning to use Boring Co

errm, they pushed back an unoffical deadline by 10 days. Ohh, shocking. I had said "official" in the above quote but that was my interpretation from a Musk tweet. The 22nd looks like a more solid date.

One possibilty: they could be conducting tests, with a view to creating promotional material to push out on the launch date. Or they're being super cautious and ironing out issues (which they said they would be).

Let's say 30th June and no sign of any launch, then we can wonder about issues.

Saw that too from musk and just dismissed it immediately 😂.

Firstly there’s a limit to the delivery of whatever distance the buyer is from the 3 or 4 factories worldwide 🙄🙄🙄, so it’s a few handfuls of cars at best.

But surely the cars have been able to drive themselves to nearby buyers for a while - in theory?

Also, if the car is driving itself to a buyer, it’s really just a driverless journey without any passengers.

So like everything musk says, it’s possible in theory, but won’t happen in practice, nor will it be applicable to even 1% of Tesla’s buyers, living nearby the factory

By definition, if the car drives itself from the factory to the customer's home, with nobody in the driver's seat, it is unsupervised FSD. Which is level 5 autonomous driving, which by definition means that Tesla is responsible / liable

As you know, here in Ireland and in the EU, we fall under the UNECE commission for autonomous driving, which is constantly holding up any progress in this area. Although FSD supervised is currently being tested in several EU countries, like the Netherlands, France, Czechia, etc. It is unlikely being allowed / available here in Ireland before the end of this year. But I would be fairly optimistic it will at some stage next year

Of course you would. Doesn't affect your consumer rights. Same as an Amazon delivery really 😂

And yet no one asked him “so you’re covering the insurance liability”.
God he’s such an absolute liar. It’s relentless 🥱

that’s true, but Tesla still has to ‘eventually’ deliver revenue commensurate to the share price. It can’t just trundle along at a p/e of 190 forever.
Ai players like Meta, Google & Microsoft have similar visions to Tesla on this and have average p/e around 25 today. Tesla is out of sync with the market it’s in (cars) and also out of sync with the market it says it’s in.

Tesla has 3 projects that have delivered massive revenue since its inception:

Model3, model Y, the energy business.

Nothing since 2019

driven economically, the newer battery in the RWD is very efficient, and not far off the older chemistry in the LR battery.

That’s not a bad price on a high mileage car , we had a price listing in the bargains thread a few days ago of the same car and mileage without the performance alloys for €22k

Thanks, RWD might be the way to go I guess. Don't tend to do super long trips usually although in my job I would have a month or so each year where I was on the road.

Obviously this car is sitting relatively comfortably in the battery and drivetrain mileage but would it be prone to any other issues (headlights etc.) that cost me in the long run now that it's out of general warranty? Currently driving a 2020 E-Tron which has pretty much died on me (motor replacement needed) and I'm starting to feel that it's a bit of a timebomb when it comes to repairs costs.

It was in Germany and Belgium and it is very comfortable car for longer journeys. It is very stable and smooth drive on motorways even at 200km/h or in windy conditions. I think though you will miss higher sitting position and ground clearane from Etron.

Is a 2019 Model X a bad investment at this stage? The child inside me would love a gull wing car once in my life and there's a low mileage model x up north that has caught me eye.