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Curt Renz

Curt Renz
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  • Tesla building Chinese charging network [View news story]
    @User 7369811

    Well a Supercharger network does not need to be anywhere nearly as dense as a gas station network. 99% of recharging is done overnight in home garages. Supercharger stations are for those times when long trips are planned for a car. Most people prefer airplanes for long trips.

    Indeed, sales plateaued for a while amid the FUD about three autumn fires that resulted in no injuries. That concern has been alleviated by raising the battery height and reinforcing its armor. There have been no fires ever since, and the NHTSA has issued an all-clear. This has renewed confidence and may have resulted in a pickup in the pace of US orders. However, the US delivery pace has not picked up that much due to the decision to divert many deliveries to Europe.

    The company has been supply constrained by battery cell deliveries, but Panasonic has increased the production of cells and that appears to be leading to an increased production rate of the cars.
    Apr 11 03:44 PM | 4 Likes Like |Link to Comment
  • Tesla building Chinese charging network [View news story]
    @mlauritz

    Indeed, a CEO should work to increase the value for long term shareholders. He should not be too concerned about those who scalp short term movements in share price. However, a CEO cannot be faulted if share price increases present opportunities to expand the operations.
    Apr 11 03:40 PM | 3 Likes Like |Link to Comment
  • Tesla building Chinese charging network [View news story]
    I suppose the same could be said by any skeptic about any announcement that any company makes no matter what the current share price. Musk is more interested in selling cars than hyping the short term stock price.

    This announcement was made to stir up interest with potential Chinese car buyers. Chinese purchase of Tesla cars could greatly benefit the long term share price. Musk does have some interest in that, since he won't be selling his shares for a very long time.
    Apr 11 03:24 PM | 6 Likes Like |Link to Comment
  • Tesla - 20 Key Risks That Longs Are Ignoring [View article]
    @Blue Ridge Buffettologist

    108 square miles are in a circle with a radius of 5.86 miles. A Model S has a range of about 260 miles. Most people commute far less than that each day and can easily recharge overnight at home. During the next few years, 300 Superchargers in the USA would be more than sufficient for people who want to take long trips in a car. Of course most people take airplanes for long trips. When there are millions of Teslas on the road, the company should be able to afford significantly more Superchargers.
    Apr 10 03:47 PM | 1 Like Like |Link to Comment
  • Tesla - 20 Key Risks That Longs Are Ignoring [View article]
    @MarketLost

    Let John speak for himself.
    Apr 10 03:13 PM | Likes Like |Link to Comment
  • Tesla - 20 Key Risks That Longs Are Ignoring [View article]
    @John Petersen

    Is there something personal that you have against Mr. Musk?
    Apr 10 12:30 PM | 13 Likes Like |Link to Comment
  • Tesla - 20 Key Risks That Longs Are Ignoring [View article]
    @portatopia Than what? There are ICE cars priced in the millions.

    The Model S’s small electric motor has one moving part and requires no oil. There is no transmission to repair or muffler to replace. The brakes should outlast the car, since most of the braking is done by taking your foot off the accelerator and allowing much of the kinetic energy to return to the battery. The all-aluminum body will not rust. Recharging at Supercharger stations is free. Charging at home costs far less than gasoline. Electric car buyers get significant tax credits.
    Apr 10 12:06 PM | 18 Likes Like |Link to Comment
  • Silence On Gigafactory Partnerships Suggest Tesla Might Be A Near-Term Short [View article]
    During negotiations we can expect silence. When potential partners are questioned by the media, they will be noncommittal. They would want to appear a bit dubious to enhance their negotiating positions, but notice that none of them has given a flat out "no".

    After partnerships have been arranged, a site announcement will likely be made soon afterward. Right now the share price is being held back while that is being awaited. I'd expect a sizable advance in that price when the announcement is made, and that could be at any time now.
    Apr 9 11:32 AM | 15 Likes Like |Link to Comment
  • 3 Billion Reasons Why Tesla's Gigafactory Will Be A Bloodbath [View article]
    The Gigafactory won't begin production until 2017. In the meantime they'll be setting up a site and then erecting the building. Rest assured that in 2017 they will tool up for what will then be the latest battery technology. And I suspect these guys are smart enough to allow for the flexibility to switch to newer battery technologies as they come along.

    Consumers would never buy anything if they always waited for the better and cheaper models. In any event, the current Tesla battery technology allows for plenty of range and comes with an eight-year warranty. After eight years folks can then move to a more up-to-date model. That seems reasonable to me, and I imagine almost everyone else.
    Mar 3 11:41 AM | 4 Likes Like |Link to Comment
  • Evidence Of Peaked Model S U.S. Deliveries Continues To Pile Up [View article]
    Thanks for that info, Tom. I've been told the cost is substantially more in Chicago, but of course there would be a lot more traffic. More directly, the dealers' association shuts Tesla out. Ultimately this goes back to the uselessness of advertising, of which shows would be a type, if a company is production constrained. Also, these shows are primarily for the masses, and Tesla currently produces only a high end model. As you suggest, not only direct payments but also optimal utilization of personnel must be considerations.
    Feb 14 06:56 PM | 1 Like Like |Link to Comment
  • Evidence Of Peaked Model S U.S. Deliveries Continues To Pile Up [View article]
    Paulo, they've also heard about Fords, Chevys, Toyotas, etc. for a very long time. Yet those companies seem to feel that massive spending on advertising is beneficial.

    And those companies continually have repeat buyers, from which Tesla will not benefit for a few more years.
    Feb 14 05:59 PM | 2 Likes Like |Link to Comment
  • Evidence Of Peaked Model S U.S. Deliveries Continues To Pile Up [View article]
    Entry fees to auto shows are prohibitive to a relatively small company like Tesla Motors. They participate in only the Detroit and Geneva shows. Local stores are more effective for them. Another reason that they are not in this week's Chicago Auto Show (largest by number of vehicles) is that it is run by the local dealers association. Tesla has no franchised dealers.
    Feb 14 05:55 PM | Likes Like |Link to Comment
  • Evidence Of Peaked Model S U.S. Deliveries Continues To Pile Up [View article]
    Paulo, did you read what I wrote about advertising and the insufficient time for expecting repeat buyers?
    Feb 14 05:38 PM | 2 Likes Like |Link to Comment
  • Evidence Of Peaked Model S U.S. Deliveries Continues To Pile Up [View article]
    Paulo, apparently you read and responded only to my initial sentences and not my entire post.
    Feb 14 05:25 PM | 2 Likes Like |Link to Comment
  • Evidence Of Peaked Model S U.S. Deliveries Continues To Pile Up [View article]
    Word of mouth began in California and still has not spread extensively to the entire US. I’m in Illinois which has a sizable number of Tesla Model S’s, but I regularly speak with people here and in states to the east who have never heard of the company or car. A year ago I was among them. Once Tesla Motors becomes less production constrained, expect them to begin advertising. Then they and their cars will become much more widely known, and likely receive a great many more orders.

    Other automakers continually have customers trading in older models. The Model S has existed for less than two years, so we don’t yet see many repeat buyers. Some of those potential repeat buyers in California (along with many new ones) may be waiting for the Model X, an SUV which should be rolling out from the plant in a year. Others, of course, are anticipating the smaller and cheaper Model E due a couple of years later.
    Feb 14 05:03 PM | 5 Likes Like |Link to Comment
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