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  • Will There Be Big Waves From Tesla's Earnings Announcement? [View article]
    What I find slightly interesting is when people say comment about how the Tesla is a car only for the "1%", and this is why they will fail. However, if you really look at what that means, I don't see how they would fail.

    The top 1% is 3.3 million Americans. Tesla can be very profitable at a 20,000 sales number per year, which means .6% of the top 1% would need to buy this car each year to stay profitable. For about 3 years until the X is ready, and 5 years until the BlueStar is ready... meaning 1.8% of the top 1%.

    In reality, I would assume anyone making over $300,000 (really, anyone making $200,000, depending on location, family size, etc.) could afford this car @$1,100/month or 5.5% of their monthly income (Equal to a $229 monthly payment for an average american ($50k salary for this purpose), which is lower than average monthly car payments, by the way).

    If in fact, $300,000 and up is the target market, that brings the number of potential customers up to 16.5 million (Top 5%). Meaning each year Tesla has to successfully seel to .1% of their target market.

    If someone told me all I had to do to have a very successful business was to sell cars to .1% of my target market, I would jump on board every time.
    May 8 01:04 PM | 7 Likes Like |Link to Comment
  • Tesla Earnings Preview: Watching Model S Sales And Gross Margins [View article]
    Lol, pretty far away like.. 25-43% difference... in the stock market where exceeding earnings by 5% is a pretty major beat.
    May 6 08:29 PM | 1 Like Like |Link to Comment
  • Tesla Motors Q1 Earnings Preview: Are We Setting Up For A Blowout Quarter? [View article]
    May I ask what "development services revenues" are?
    May 2 03:46 PM | Likes Like |Link to Comment
  • Electric vehicle roundup: 1) Chevrolet Volt sales disappointed by falling 11% Y/Y to trail the Nissan Leaf and Tesla Model S, but GM thinks the Chevrolet Spark EV will fill a gap in the market. 2) Nissan (NSANY.OB) did sell 1,937 Leaf vehicles in April, but at what cost? Major price reductions on the model during the quarter have been reported. 3) As if Elon Musk doesn't create enough buzz for Tesla Motors (TSLA +2.5%) via his Twitter account, now Bloomberg is upping the ante by throwing out the idea in a speculative article that Apple should buy the automaker. [View news story]
    Interesting idea, I think Musk would hate working for AAPL since they... do not actually create anything productive or transformative (Long AAPL and TSLA, ha)
    May 2 11:17 AM | 1 Like Like |Link to Comment
  • A very bullish presentation from Longboard Asset Management helped Tesla (TSLA +7.4%) rally today. Calling Tesla the auto industry version of Apple (others have made that analogy in some form) due to its brand, management, and disruptive impact (among other things), Longboard predicts shares will hit $100 within 18 months and $200 within 5 years. The firm expects Tesla to grab 80% of the global EV market, praises the company's engineering skill, and expects a heavy short interest (44% of the free float is shorted) to help fuel a rally. (slides) Update: SA commenters report having seen Longboard's presentation earlier. However, it was only today that it received media coverage. [View news story]
    I saw it online at least 10 days ago, just fyi
    Apr 29 05:55 PM | 2 Likes Like |Link to Comment
  • Tesla Motors' Full Analysis, Its Only Mistake, Outlook And Elon Musk [View article]
    Good summary or all of our thoughts.
    Apr 29 09:27 AM | 19 Likes Like |Link to Comment
  • Tesla's Q1 Earnings, An Epic April Fools Prank [View article]
    Don't penny stocks have a 9% record of not failing? I feel like I read that somewhere recently.

    Penny stocks were invented by investment firms to increase sales volume, not to make customers money.
    Apr 25 02:56 PM | 2 Likes Like |Link to Comment
  • Ford Is Finding Its Groove [View article]
    Bret, why do you think F trades at such a low P/E compared with other autos: GM 10.2, TM 23, HMC 19.7, TTM 41, F only 9.3 and now lower with this earnings beat. Would see a 9.4% pop just to get back within the same level of GM on a P/E basis. This is why I continue to hold F expecting the $15-16 range.
    Apr 24 09:25 AM | Likes Like |Link to Comment
  • Tesla's Steve Jobs Trade [View article]
    How was DeLorian not a game changer? I mean the car can freaking travel back and forward in time.
    Apr 21 11:30 AM | 17 Likes Like |Link to Comment
  • Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
    Vico is hilarious. First, I hope I am spending my 80s dominating people on investment forums. Second, opening up every single post with the "I own 2 Teslas" line is perfect, it just says, I am a bad a**.
    Apr 19 09:51 PM | 10 Likes Like |Link to Comment
  • Is Tesla Motors Setting Up To Be The Monster Short Squeeze Of 2013? [View article]
    @carlkoo but Tesla has only one single car, I think is the point. If the one single production vehicle falls out of favor (not sure how that would happen at this point), they do not have other lines to fall back on.
    Apr 18 12:21 PM | Likes Like |Link to Comment
  • Is Tesla Motors Setting Up To Be The Monster Short Squeeze Of 2013? [View article]
    Exactly what I was thinking. Jobs was a GREAT product person, who was a great motivator and pushed people to do their best. Musk is the one with the ideas, pulling people along, it seems.
    Apr 18 10:11 AM | 4 Likes Like |Link to Comment
  • Tesla Model S Is Ready For Prime Time [View article]
    IMO, 30k with no increase in production staff (i.e. additional shifts) would be very difficult. But, that does not mean they do not do something to make it happen if needed.

    Or, they will take the conservative road and keep a good backlog of reservations ont he books throughout the year.
    Apr 17 10:10 AM | 1 Like Like |Link to Comment
  • Turning Point For Tesla [View article]
    Ha, $500/month did not just take into consideration gas savings, but ~$200/month in deduction as a business expense, $100/month to account for time spent at a gas station, and another $100/month in time saved by driving in a carpool lane.

    The gas savings only reduces the price from ~$1,100 to $900/month for mid level.
    Apr 11 03:30 PM | 2 Likes Like |Link to Comment
  • The 3 Tesla Secrets [View article]
    Actually, a lot of the talk about increasing margins was based on this point. During December it was said the employees were working ~63 hours a week, one shift. The goal was to keep production numbers (400/week at that point I think), and reduce hours to ~42/week, for a total labor reduction of ~39% if I remember correctly.

    99% sure there is only one shift, working somewhere between 45-50 hours/week at this point.
    Apr 11 02:18 PM | 3 Likes Like |Link to Comment