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  • Tesla Motors: Original Pricing Model And Non-GAAP Numbers' Significance [View article]
    I don't buy your "explanation"

    If "credible rumors for months before the launch pointed to an incrementally updated product, nothing revolutionary" then why did you rush to pre-order it.

    You say you were so disappointed that you sold all your stock....but OTOH you rushed to preorder the phone despite the "credible rumors.... that pointed to an incrementally updated product" Doesn't make any sense.

    If you had started your article by saying "that once I had the iPhone 5 in my hands, I knew that innovation had ceased at Apple" I may have bought your statements. That at least could have been true.

    Still a lie, Sal.
    Sep 5, 2013. 02:51 PM | Likes Like |Link to Comment
  • Tesla Motors: Original Pricing Model And Non-GAAP Numbers' Significance [View article]
    Hi all,

    Let's put an end to these never-ending accounting debates.

    As I understand it, Tesla sells the car to the banks, who then lease it to customers.

    Tesla guarantees that the value will hold and if it doesn't they will buy it back / pay you the difference.

    This is a CONTINGENT LIABILITY, not a liability. A contingent liability does NOT appear in accounts (except as a footnote).

    Some readers are asking for a provision. The amount of provision that needs to be made for an event that may or may NOT occur, is up to the Board and the management.

    Not making a provision or not making a large enough provision does not mean Tesla is cheating / lying / misrepresenting its numbers or any such thing. All it means is that management has a different view about this event.

    You disagree with management's view? Fine. On your spreadsheet, put that in, and if you feel the stock is overpriced, please sell TSLA. Put your money where your mouth is. Go on to other stocks. There are tons of other stocks. Move on.

    Can we at SA now go on to more useful discussions about Tesla and its future?
    Sep 5, 2013. 11:19 AM | 7 Likes Like |Link to Comment
  • Tesla Motors: Original Pricing Model And Non-GAAP Numbers' Significance [View article]

    Stop lying.

    >In September 2012 I cashed out my entire Apple position right before the iPhone 5 launch at $694, mainly because I realized Apple wasn't the ever-innovative company it had been, but rather one only delivering incrementally updated products.<

    Well you just got caught lying. The iPhone 5 was launched on Sept 12, 2012, at which point aapl had NEVER touched the price of 694 that you claimed you sold all your stock at. (The highest price on Sept 12 was 670 and day after the launch, it jumped to 686. Since you sold before, your price would be lower and in no way be $694.

    And you say you knew before the launch that the iPhone 5 would not be innovative? Yeah, right. I suppose you also knew about the 2000 crash, the 2008 financial crisis and of course sold out all your stocks at peak prices. Then please retire, enjoy your money and stop writing articles at SA.

    You, Sal, just lost your credibility.
    Sep 5, 2013. 11:01 AM | 3 Likes Like |Link to Comment
  • Battery makers could benefit from bigger productions runs from Tesla Motors [View news story]
    Demand will go through the roof. Production Capacity will be really short.
    Sep 5, 2013. 10:36 AM | 2 Likes Like |Link to Comment
  • Several Reasons To Respect Apple's Tim Cook [View article]
    We respect Cook, but not as a CEO.
    Apple is all about innovative products. Making things faster and cheaper and slimmer is NOT innovation. Faster and cheaper is a routine, everyday outcome in Silicon Valley.

    Doing a hundred things well but failing on innovation is losing the essence of the company. Apple is no longer Apple. Apple has lost its mojo, it's spirit, it's essence. It's a matter of time as to when Apple will lose it's momentum. Maybe in 2 years, but for sure within 5 years.

    The CEO of Apple needs to be a product man and a visionary. Cook is neither so he fails the job description. If one were interviewing for a CEO for Apple, he would not even be on the list. Right now, Apple has no visionary and no top-notch product guy. I'm not putting my money in to aapl unless they have this kind of leadership. Soldiers don't win wars -- generals do. If Cook was introspective he would seek his replacement and go back to the role where he truly excelled -- the COO.

    Elon Musk is now the man that can lead and make things happen. Tesla, Hyperloop, Paypal, Space X... etc. The wow products are no longer from Apple.

    Compare the price moves in TSLA to AAPL on a percentage basis and you know where the smart money is. Enough said.
    Sep 5, 2013. 08:49 AM | 1 Like Like |Link to Comment
  • JBI's Plastic2Oil Goes National [View article]
    Thanks for all the comments (both negative and positive). The question that stands out is:

    How many tons of FREE crayola did they process to make the 82K gallons of fuel, and what is the operating profit on this 30 day run?

    If the raw material was free and they still can't make an operating profit, there is a very serious problem.

    Are there any numbers on operating costs and profit / loss over this 30 day run?
    Sep 4, 2013. 03:25 PM | Likes Like |Link to Comment
  • JBI's Plastic2Oil Goes National [View article]
    Salishsea, why would Crayola and the seasoned investors that provided funding to this company associate with a scam?

    Author, thanks for the article, are they really making this fuel....if so what's stopping them from making an operating profit? When do you think they will really make an operating profit? Till then it's hard to place any confidence in this company.

    Would anyone have any input on when they will make an operating profit? Thanks,
    Sep 3, 2013. 01:53 PM | Likes Like |Link to Comment
  • Tesla's Non-GAAP Fairy Tale [View article]
    Yes, in fact Mercedes and Toyota source from Tesla.
    Aug 11, 2013. 02:36 PM | 1 Like Like |Link to Comment
  • Tesla's Non-GAAP Fairy Tale [View article]
    >Frankly I can't imagine a market where the successful launch of an affordable Gen3 Tesla won't trash the resale value of today's $100,000 Model S.<

    Why not?

    A used Mercedes S class always maintains its value compared to a C class.

    If you can't imagine a world in which a luxury car is valued as a luxury car, which looks, feels and has a different status than a mid-level car, what planet are you on? Seems to be the let's-bash-Tesla-to-ge... and show everybody that I'm pseudo-smart planet.

    There is a clear difference in driving, and being seen as owning, a luxury car (Tesla S) and a mid-level Tesla (even if its new) is still a mid-level car.

    Range / Economy isn't the only reason to buy a luxury car.
    Why does one have to tell you the obvious, John?

    Soon, customers all around the world will be buying Tesla cars, as deliveries have started to Europe. And will soon be sold to China.

    PS. You are making a dangerous assumption that a used Tesla can't be upgraded. It probably could, but either way it is not critical. Because a 3-year old Mercedes S class doesn't have the current fuel economy but does its job sufficiently well. And that's what matters.

    Unfollow John Petersen.
    Aug 11, 2013. 02:34 PM | 6 Likes Like |Link to Comment
  • Apple Must Do The Unthinkable To Address Emerging Markets [View article]
    These days aapl can't even do the thinkable... you want it to do the unthinkable?! Tim Cook is just not a product man and after Steve Jobs there is no one at aapl who really is. No wonder the products are not head and shoulders above the competition as they used to be.

    BTW you seem to know very little about Huawei. The company's sales are over $30 Bn, and aims to top 100 Bn in a few years.
    The value of this company far exceeds the $2Bn you think it is worth.

    Most of its sales are in Telco type Telecom products (not in consumer telecom products like mobile phones). This is not the business aapl wants to be in.

    Nicholas, you need to think hard about whether you should write articles here at SA if you can't even do a 2-minute google search on Huawei before writing about it.
    Mar 27, 2013. 04:20 PM | 1 Like Like |Link to Comment
  • Apple Needs A Staggering Breakthrough, And Quickly [View article]
    >What has dramatically changed in the last few months for Apple's stock price to crater 35%?

    Simple. Apple is all about amazing innovation -- and there isn't anything impressive in last few months. (Apple has never been about mergers and dividends - the type of options that the author suggests - so even if they happen they will be ineffective)

    And without a product manager (a function Steve carried out) they will just continue to put out incremental improvements. This is what has been happening. Jony Ive is a designer and not a product manager. So who is their star product manager? NO ONE.

    Apple products used to be way ahead of the competition -- now they are only marginally so. I have an iPhone 5, but I would be pretty happy with an S3, or some other like a Nokia 920. Each have their plus points. The iPhone no longer stands head and shoulders above others.

    The iPad is pretty much the same old story as 2 years back.

    So here we have a company known for amazing innovation, not doing it. Where is the hole? No star product manager who could over ride others and make it happen. There is no product leader.

    That they will soon launch an iWatch or an iTV is no excuse for Apple putting out boring products in the meanwhile.

    It's also no excuse for not having a broader product line if you want to sell worldwide. Choices and preferences differ from person to person and from country to country. Apple insists they don't.

    A star product manager would force his way on the company and fix all this.
    Feb 16, 2013. 03:49 AM | 1 Like Like |Link to Comment
  • Apple: Mixed Report Gives Bulls Some Long-Term Hope [View article]
    No, MWin but I'd feel more reassured if their products had some real innovation. At the very least, the iphone 5 needs to be wider so I can see more on it. This is obvious, doesn't matter what Jon Ive says. Duh.
    They need a top product guy -- there is none after Steve. Tim is not a product guy and Jon Ive is a design guy, he is not a product guy. There is no product guy, this is why they come up with silly stuff like iPad 4, taller iPhone, a shrunk iPad (mini). Where is the innovation? Answer: missing
    Clearly, Tim Cook should be COO and not CEO, because the innovation has failed under his watch.
    Jan 24, 2013. 12:21 AM | Likes Like |Link to Comment
  • This Could Be Why Apple Shares Are Down [View article]
    Don't take richbar too seriously. He has the same point in almost every post, sounds like a troll or paid schill to me.

    In the financial year that ended, aapl grew by >40%. However richbar just *assumes* that they won't grow much from here -- even though, sales seem to be doing really well!

    He also *assumes* that aapl will not come up with anymore iProducts -- even though, there are hints by Tim Cook about the TV space in an interview and about other spaces in the press.

    So yeah, never mind the facts, let's just assume things, shall we?
    Dec 28, 2012. 01:05 PM | Likes Like |Link to Comment
  • More on Apple: Topeka's Brian White, he of the $1,111 PT, claims "an insatiable appetite" exists for the iPad Mini in mainland China and Hong Kong, with checks indicating nearly all models are sold out in Hong Kong stores. He also claims Chinese iPhone 5 availability has improved, and that local resellers are calling it the most popular high-end smartphone. (previous[View news story]
    " local resellers are calling it the most popular high-end smartphone"

    Yes, when I talk to salespeople about how well the iPhone 5 is selling, they get very enthusiastic and say that it's doing extremely well. Some were able to compare it to the iPhone 4S (and said it was selling better) and some were not able to compare it.

    Anyway the point is that salespeople in 3 stores lit up when I asked how well it was selling. And not all of them were Apple stores.
    Dec 28, 2012. 12:55 PM | 4 Likes Like |Link to Comment
  • Ignore The Noise: 3 More Reasons Apple Might Beat Estimates [View article]
    Hey Alex -- that speakers test is nothing. Wait till you hear the iPhone 5's headphones. IMHO, the listening to music on those new headphones is the killer app of the iPhone 5. It's the No. 1 reason I'd recommend the iPhone 5.
    Dec 27, 2012. 12:44 PM | Likes Like |Link to Comment