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  • Tesla Motors roundup: Gigafactory and Fremont plant hit higher gear [View news story]
    Stata G,
    Would you be so kind as to provide a link? It seems that you are talking about 1 order that is an outlier. The wait time in the US is currently 6-8 weeks, and much more in other countries. Which is a good sign because Tesla increased production in early June, and wait times stayed approximately the same.
    Jun 26, 2015. 12:29 PM | 11 Likes Like |Link to Comment
  • Tesla Announces Model S Cars Get Driven Less Than What The Average U.S. Driver Drives [View article]
    Oh, I love that logic. It can be summarized like this:

    "Sometimes they tweet something and sometimes when they tweet something the stock goes up at the same time, therefore they are pumping the stock, and every post they ever make is intentionally pumping the stock."

    Paulo, you are king of non-sequitur. The company is built to please customers before they please investors, so its obvious that they are selective with their disclosures.
    Jun 25, 2015. 10:05 AM | 3 Likes Like |Link to Comment
  • Tesla Announces Model S Cars Get Driven Less Than What The Average U.S. Driver Drives [View article]
    Paulo,
    Man is definitely the driving force of climate change. Just look at the correlation between temperature variation and carbon dioxide: http://bit.ly/1NeIpes

    Guess when carbon dioxide skyrocketed in ppm? That's right, during the industrial revolution. It would be an uncanny coincidence if climate change WASN'T caused by humans, wouldn't it? http://bit.ly/1NeIpew
    Jun 25, 2015. 10:00 AM | 8 Likes Like |Link to Comment
  • Tesla Announces Model S Cars Get Driven Less Than What The Average U.S. Driver Drives [View article]
    This is a completely irrelevant statistic for the stock, and Tesla did not release it because they wanted to pump the stock. It has nothing to do with the stock and is just Tesla's way of making some noise about electric cars, which is expected. Also, your conclusion that Model S owners drive less than average is a complete guesstimate, as others have mentioned, and assumes that Tesla hit the billionth mile on June 23 rather than on June 9, which is when Musk announced it at the shareholder meeting:

    "And I forgot to make an important announcement, at 2 pm, today we did our billionth mile for Tesla."

    So if you do different guesstimates and take into account that Tesla could have hit their target earlier, its easy to show a number that's equal or even above average. You clearly twisted the math to fit your narrative. Finally, as others have mentioned again, not all Tesla owners are American and could be lowering the average. Also, revealing orders is only relevant to investors and could be potentially harmful because competitors knowing your order book isn't exactly the best thing. So Tesla usually divulges numbers that are relevant to customers and potential customers instead of to investors, and out of touch people interpret it as an action to pump the stock with "meaningless statistics".
    Jun 25, 2015. 09:34 AM | 5 Likes Like |Link to Comment
  • Tesla Motors clarifies on Model 3 launch date [View news story]
    The hubris from the Bears on the other comment thread was hilarious. Gotta love premature celebrations. It's funny that bad news had to be fabricated in the absence of real bad news. Someone is really underwater on their short.
    Jun 22, 2015. 12:23 PM | 29 Likes Like |Link to Comment
  • Tesla Motors Model 3 launch pushed back to 2018 [View news story]
    Logical Thought,
    That's rich. Tesla makes money on every car it builds, because they have a positive gross profit. Tesla loses money only on operations due to investments that will pay off later on, it's kind of similar to your hedge fund shorting Tesla - you lose money now, but you hope you will make money in the future, except for Tesla its much more than hope. Also, no Model 3 delay:

    "Contrary to speculative blogger reports, we still plan to show Model 3 in 2016 and begin production in 2017."

    http://bit.ly/1H71leS
    Jun 22, 2015. 12:00 PM | 10 Likes Like |Link to Comment
  • Tesla Motors Model 3 launch pushed back to 2018 [View news story]
    There was someone who had predicted something for years, and he celebrated prematurely, and he was still wrong:

    Contrary to speculative blogger reports, we still plan to show Model 3 in 2016 and begin production in 2017.

    http://bit.ly/1H71leS

    Gotta love the hubris.
    Jun 22, 2015. 11:56 AM | 4 Likes Like |Link to Comment
  • Tesla Motors Model 3 launch pushed back to 2018 [View news story]
    Funny statements about accepting reality. There's no delay:

    "Contrary to speculative blogger reports, we still plan to show Model 3 in 2016 and begin production in 2017."

    http://bit.ly/1H71leS
    Jun 22, 2015. 11:55 AM | 1 Like Like |Link to Comment
  • Tesla Motors Model 3 launch pushed back to 2018 [View news story]
    The hubris is strong with this one. Your celebration is premature, there's no delay.
    Jun 22, 2015. 11:53 AM | 2 Likes Like |Link to Comment
  • Tesla Motors Model 3 launch pushed back to 2018 [View news story]
    The hubris here from the Tesla bears is absolutely astounding. Guess what? You are all still wrong.

    Investor relations just confirmed that there is no delay to multiple people, and Ricardo Reyes posted to twitter:

    "Contrary to speculative blogger reports, we still plan to show Model 3 in 2016 and begin production in 2017."

    http://bit.ly/1H71leS

    The slide was simply referring to the first full year of production being 2018.
    Jun 22, 2015. 11:51 AM | 3 Likes Like |Link to Comment
  • Tesla Model 3 Delay? What Will Be The Next Shoe To Drop? [View article]
    Investor relations just confirmed that there is no delay to multiple people, and Ricardo Reyes posted to twitter:

    "Contrary to speculative blogger reports, we still plan to show Model 3 in 2016 and begin production in 2017."

    http://bit.ly/1H71leS

    The slide was simply referring to the first full year of production being 2018.
    Jun 22, 2015. 11:47 AM | 17 Likes Like |Link to Comment
  • Uber Highlights Just How Aggressive Tesla's Revolver Is [View article]
    Paulo,
    Tesla has a patent on that modification. Also, Tesla has superior engineering on the pack level.
    Jun 21, 2015. 11:40 PM | Likes Like |Link to Comment
  • Clues About The Tesla Model 3 Battery Size [View article]
    BMW 3 series has a frontal area of 23.3 ft^2, lets assume the Model 3 is the same. If the coefficient of drag is say, 0.25, then the frontal drag area would be 5.825 ft^2, or a 6% improvement over the Model S. If the coefficient of drag is 0.24, the the frontal drag area would be 5.592, or a 9.8% improvement over the Model S.
    Jun 21, 2015. 01:23 PM | 3 Likes Like |Link to Comment
  • Clues About The Tesla Model 3 Battery Size [View article]
    gwashn,
    The report you link to says cell costs will decline to $117/kWh when the Gigafactory is fully ramped up to 35 GWh for autos. This compares to $160-$180/kWh on the cell level currently. Also, this is assuming that Tesla is using the same chemistry for the cell, and doesn't switch to a different chemistry that is cheaper. The scope for a reduction in battery costs is not as limited as you imagine, and the Model 3 will not cost in excess of $35k.
    Jun 21, 2015. 01:14 PM | 6 Likes Like |Link to Comment
  • Uber Highlights Just How Aggressive Tesla's Revolver Is [View article]
    Anton,
    Only about 1500 Model X signature cars will be delivered this year assuming no cancellations. Most of these cars will be delivered in Q3, and since they will probably sell for an average well over $100,000, they will have a high gross margin, and will probably be break-even for cash flows if not slightly negative. In Q4 Tesla will probably deliver at least 3500 regular Model X, which only had deposits of $5,000. Since Tesla's operating expenditure will stay flat after Q2, and since revenues (minus deposits) will grow significantly in Q4, and since after Model X is finally revealed reservations will skyrocket, Tesla will be cash flow positive in Q4. Also, Tesla plans on $1.5 billion in CapEx in 2015, and they have already done $426 million in Q1 alone. Is it really that implausible that capital expenditures will decline in Q4? Do you seriously think Deepak Ahuja didn't do the math?

    Cparmerlee,
    What do you mean? Current cash balance doesn't really matter. Tesla said they will burn about $1 billion this year and even Paulo agrees with that number (see above comment). Tesla has already burned $558 million in Q1, and will probably burn more in Q2 and Q3 before being cash flow positive in Q4, resulting in an overall cash burn of $1 billion.
    Jun 21, 2015. 12:46 AM | 1 Like Like |Link to Comment
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