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GaltMachine

GaltMachine
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  • Hilsenrath: Growth hiccups vex Fed yet again [View news story]
    "finds "no firm evidence" of such a problem."

    Fits the man-made global warming theory as well but just like this situation they won't admit it ;)
    May 16, 2015. 11:08 AM | 3 Likes Like |Link to Comment
  • Tesla: Mr. Musk's Wild Ride Continues [View article]
    Surfer,

    "And for people who say the guy is an egoist? He was pretty low key going into a Subway Sandwich shop in Midtown Houston that was empty save him and me."

    That's because like most narcissists he doesn't waste time talking to people that can't do anything for him.

    In cowboy boots you can be a couple of inches taller even in your average dress shoe it adds some height. I myself gain about 2 inches when I wear boots or dress shoes.

    I am not saying you didn't see him but the height is up for debate - having said that I can't believe I am actually writing this gaaag!
    May 14, 2015. 07:55 PM | 1 Like Like |Link to Comment
  • Tesla: Mr. Musk's Wild Ride Continues [View article]
    "by the time the model 3 is released, this stock will be trading at at least $500."

    You are being way to conservative here. More like $10,000/share!

    Of course that "by the time" thing assumes that the model 3 will be released ;)
    May 14, 2015. 03:20 PM | 3 Likes Like |Link to Comment
  • Tesla: Mr. Musk's Wild Ride Continues [View article]
    Randy,

    "Comparing employee numbers to legacy carmakers is not meaningful unless the head count at dealers and gas stations is included."

    Only to you is this not relevant. There is no way to fudge the number of employees which makes it a completely relevant way of comparing companies in similar industries to each especially cars.

    If TSLA chooses to vertically integrate on the assumption that that is a better way to go then so be it but you can't ignore the labor costs mandated by following this approach. In fact, you can commend the other car companies for running a far more efficient business model because they outsource so much overhead as reflected by the metric of revenue/employee.
    May 14, 2015. 03:17 PM | 9 Likes Like |Link to Comment
  • Tesla: Mr. Musk's Wild Ride Continues [View article]
    surfer,

    Dr. Google says he is 5ft 11 inchs. Maybe you spoke with someone else or he was wearing heels.

    http://bit.ly/1IDBnQq
    May 14, 2015. 02:18 PM | 3 Likes Like |Link to Comment
  • Turns Out A Tesla Supercharger Costs 2 Or 3 Times What Elon Musk Said [View article]
    That's a great read!

    "Tesla is not the only high-volume lithium-ion player in the market; in fact, they’re somewhat late to the game. Samsung and BYD are Asia’s largest battery manufacturers and currently represent the low-cost suppliers of the industry. While there are some questions around battery quality and reliability and certainly issues with razor thin (if not negative) margins on the manufacturing of these batteries, one only has to look to the solar industry to see the formidable impact of the Chinese and Asia’s networked supply chain and production powerhouse and what that can do to world prices overnight. So Tesla’s $5 billion Gigafactory, for all of its cost savings and economies of scale, could be put out of business before it ever opens its doors."

    "It’s difficult to predict who will win the grid-storage war at this point. In the beginning, we’ll probably see a great number of companies take to the battlefield, each armed with a different technology. But while Tesla may win some of the early battles, thanks to its flashy marketing, it won’t win the war armed with lithium-ion batteries. Real innovation is needed to take battery storage to the next level and for that investors would be wise to bet on the smaller and more innovative companies on the battlefield, like Alevo and Eos."
    May 14, 2015. 02:13 PM | 2 Likes Like |Link to Comment
  • Tesla: Mr. Musk's Wild Ride Continues [View article]
    Give credit to Dana for a taking a fair-minded approach on this article - something for bulls and bears to mull over here. I appreciate the balanced commentary and the reasonable skepticsim being expressed over CAPEX - the math of cash burn is not complicated.

    There is no doubt that the company needs to raise cash to avoid having a "Going Concern" note from the auditors. Either debt or equity or both at some point shortly. With the recent strength in the stock the time is ripe to make this happen.
    May 14, 2015. 12:05 PM | 5 Likes Like |Link to Comment
  • Tesla: Pressure Increases For Big Second Half [View article]
    RSI has broken passed 70 which puts it on the way overbought area and very likely for a substantial pullback after this huge runup.
    May 13, 2015. 09:28 PM | Likes Like |Link to Comment
  • Atlanta Fed Q2 GDP forecast dips [View news story]
    Interesting. If we have two quarters of negative growth most people think that that would be called a recession but not necessarily as the NBER has a unique way of defining recessions.

    It would be intriguing if we had two negative quarters and the market still took it all in stride. That would be noteworthy.
    May 13, 2015. 12:57 PM | 1 Like Like |Link to Comment
  • Bond ETFs prep in case of meltdown [View news story]
    Tack,

    Kind of what I was thinking. "Perceived" illiquidity plus panic plus interest rate fears would lead to irrational selling and large discounts to book.

    Do you see any evidence of this happening during the recent interest rate action?

    Thanks!
    May 13, 2015. 12:42 PM | Likes Like |Link to Comment
  • Bond ETFs prep in case of meltdown [View news story]
    Tack,

    Good point. Does this make them more or less volatile in a panic?
    May 13, 2015. 12:12 PM | 2 Likes Like |Link to Comment
  • Turns Out A Tesla Supercharger Costs 2 Or 3 Times What Elon Musk Said [View article]
    Tim,

    Beware!

    I was just a curious observer like you and after seeing the craziness around this stock I took a short position through puts (Jan 17, LEAPS). I am not sure I would ever just short this stock. I think options are the way to play this.

    The insanity, fan-boy, cult nature of this stock makes it so enticing to short for us logically minded, cold-blooded, reptilian, bean counter types but that doesn't mean it can't stay elevated and go higher for a lot longer.
    May 13, 2015. 11:37 AM | 10 Likes Like |Link to Comment
  • Retail sales continue to slow [View news story]
    y/y number less than 1% growth, factoring in inflation and the real sales are likely negative. I don't think that happens very often statistically.

    Awaiting Bbro's ex-gasoline retail metric.
    May 13, 2015. 10:02 AM | 1 Like Like |Link to Comment
  • Turns Out A Tesla Supercharger Costs 2 Or 3 Times What Elon Musk Said [View article]
    TES,

    "I agree that the institutional owners of Tesla are just not interested in selling anything until they see the Model X in the market. "

    Wouldn't that be cutting it awfully close? By that time they could have less than $500 million in the bank or 1 quarter of burn left.

    Can they really wait that long?
    May 12, 2015. 02:59 PM | 1 Like Like |Link to Comment
  • Turns Out A Tesla Supercharger Costs 2 Or 3 Times What Elon Musk Said [View article]
    Eric,

    "split any of its energy savings"

    and

    "The winery estimates"

    Combined with "The batteries were installed free of charge" (good pun by the way) means it cost them nothing to do this pilot. Not that there is anything wrong with that necessarily as a way of getting traction. I am just pointing out that to imply that Jackson did this at arm's length is not true.

    Would they have done it unless it was free?

    Who knows but it does help with the marketing.
    May 12, 2015. 02:54 PM | 2 Likes Like |Link to Comment
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