Are you also investing in Tesla?

[Fr23shjive]

I know we have a bunch of Tesla enthusiasts on here but are you guys also putting your money in the company so that when/if it becomes the #1 car company you'll be cashing in too.

So are you investing in Tesla and where do you think this stock will be in 3 years?

[roblab]

Today there was an increase in stock price of a little over 14%. Not bad for a day. One of the best days in weeks. No telling about tomorrow, but sooner or later, people are going to "get it" and jump on the bandwagon while the jumping is good. Tesla is going where no car has gone before, and you know they will make it.
Of course, I invested. I support the concept of electrics, I know we are in exit mode on cheap energy, and if all else fails and Tesla folds and you lose your money, you know the banks will not be far behind and you'd lose it anyway. In the interim, I'd rather Tesla has it than the banks.

[dwegmull]

As a Roadster owner, I was offered the opportunity to buy 500 "friends and family" shares at the IPO price. I did buy them. I don't have a feel for the proportion of owners who took advantage of that offer.

[TEG]

Today there was an increase in stock price of a little over 14%. Not bad for a day. One of the best days in weeks.

Probably related to this news:
http://www.teslamotorsclub.com/showt...s-30M-in-Tesla

(Just in case someone hadn't seen that yet.)

[roblab]

Maybe so, TEG, but there was no similar jump when Toyota jumped in, NUMMI was finalized, or when Mercedes bought in.
I think it's just the snowball slowly rolling, collecting more speed and size. People are beginning to know "Tesla", what they do, about the car. Some people. Just today a Dr. asked me if I had invested in Tesla. Of course! And so had he. And it wasn't because of the battery deal.

[Fr23shjive]

Conference call at 2pm PT. Are you guys tuning in?

Should be interesting to hear where they're at and if every thing is on schedule for 2012.

[qwk]

Conference call at 2pm PT. Are you guys tuning in?

Should be interesting to hear where they're at and if every thing is on schedule for 2012.

Elon mentioned that the model s is still on schedule.

[dsm363]

Listening to it now. I don't listen to many earnings reports so this is interesting.
He did say 'mid 2012 with a ramp up in production in the last half of 2012' (this is from memory so may not be exactly correct). This would seem to indicate it's been pushed back from early 2012 I was told months ago for Signature reservation holders but consistent with what they've said recently.

[Fr23shjive]

Listening to it now. I don't listen to many earnings reports so this is interesting.
He did say 'mid 2012 with a ramp up in production in the last half of 2012' (this is from memory so may not be exactly correct). This would seem to indicate it's been pushed back from early 2012 I was told months ago for Signature reservation holders but consistent with what they've said recently.

Yeah, that’s what I remember also. As long as it doesn’t get pushed back anymore then it shouldn’t be too much of a problem but with them losing $30 million a quarter they can’t afford too many more delays.

One thing that I’m really interested in is how much they'll be making off of each Model S and how many they need to sell in order to operate comfortably. I know they said their first year goal is 20k but I’m curious to know where that positions them if they achieve that goal. Personally I think they'll be able to crush the 20k goal. If people are even half as enthusiastic about the cars as I am they'll be selling like hot cakes.

[cinergi]

Hrm, I heard 80 KW direct-DC charging available at time of launch. Wasn't clear if it was proprietary. The default Model S pack is 70 KWh and estimated charge time is 45 minutes from near-empty to near-full.