Tesla’s Make-Or-Break Moment Is Fast Approaching


#1762

Was not a good quarter for Tesla. But I think has more to do with the mayhem of the general market condition. The future should be very bright.


#1763

You remember the days you were holding AAPL during 1998 when it dipped drastically. Car company is capital intensive and that can not be compared like Facebook. As dispatches increase profit goes up. You know investment is for long.

He already told ahead that TSLA is less profitable than last qtr. Future guidance is increasing. Read the entire the document, you will see how it is.


#1764

No worries, I would double my holdings :slight_smile: 2mrw :scream:


#1765

Becoming a cult member? :alien:


#1766

#1768

His holdings are not at cult , even my son will have more holdings than him !

Ha ha ha ! That is just my robin-hood account holdings that I do not look at it ! :rofl:

Just update: TSLA dropping like rock after conference call !!! Doomed !!!


#1769

@hanera, you let a 3 year old baby beat you to it… :rofl:


#1770

#1771

How many shares do he has? Okie, I will triple stake to 18 :slight_smile:
I will close my FB calls to fund this purchase.

58%20PM


#1772

I listened to part of the earnings call and what I heard(so far) is surprisingly good.

  1. Model Y has 76% common parts with Model 3, so CAPEX will be much lower(unlike Model S and Model X, where common parts were 30%)
  2. Model Y will be built in next to Gigafactory in NV, so assembly with powertrain+drivetrain is instantaneous.
  3. Worst case, even if recession in 2019, 50% higher production at a minimum.
  4. More mobile vans to fix issues.
  5. Parts will be stocked at Service centers(unlike past where they were stocked in Parts centers), and commonly used parts will be more in stock at the service centers.
  6. No need to call, can schedule service via app.
  7. Every Tesla owner if there is an incident with the car while driving, immediately even before the car has stopped a loaner vehicle and a tow truck will be on route to cater to him/her.

Will hear rest of it later…


#1773

Okie, up stake to 30 :pig:

@Jil, good enough?


#1774

No clue , but I might buy some if the gloom continues for the next few days :slight_smile:


#1775

Meet at least 10% of WQJ or mine ! You better meet WQJ 10% as I exceeded him in TSLA !!!


#1776

Cool ! First time, I listened the entire conference call. At times, Airpods dropped, failed to listen.

Except recession related, I see positive on TSLA for long hold. Lot of enhances coming.

On negative side, company is still operating at startup model , inefficiency. At one time, Musk said US team ordered parts from China and then imported, dispatched to Chinese customer…etc.

Really, profit margin is tough - with inefficiency - but workable with high volume.


#1777
  1. Capex per unit of Model Y production in Gigafactory and in Shanghai will be lower than 50% of Model 3 per unit Capex.

#1778

Tesla is the new Enron.

Tesla’s Incredible Shrinking Growth Machine

https://www.bloomberg.com/opinion/articles/2019-01-31/tesla-4q-2018-earnings-incredible-shrinking-growth-machine


#1779

Given the slew of managerial exits over the past year, not to mention the “funding secured” fiasco that happened less than six months ago, you might have expected Tesla to get to that news about its CFO a little sooner on the call. But no. Instead, we have a company seemingly on the cusp of sustained profitability and global expansion that has also slashed its workforce and spending and is now bidding farewell to its CFO. Truly astounding.

Why CFO keep quitting after a short tint?


#1780

Possible, Tesla will need to get new debt/equity next year for Model Y Capex.


#1781

He said he is “retiring”. Does it mean he won’t be in a full time job going forward? :slight_smile:


#1782

He is 56 years old, with 15M compensation (corrected). Hopefully, real retirement.

But that should not be an issue for company as they bring young one as CFO. Reading his resume, he jumped from Analysts position to CFO in 8 years ! The person should be dynamic than outgoing.