2017 Investor Roundtable: TSLA Market Action

[elasalle]

OK, what caused the Dante reference on this thread ... anything missed?

Nevermind see the tweet now

 

[Turing]

Aaaaand Elon turns the market action thread into ad-hoc Dante analysis thread

I BET he doesn't know all that. The common expression, in my experience, is you say you are in the 9th circle of hell, meaning the worst kind, even if that doesn't make sense based on the book. So he adjusts it up one level. Could be nothing, could be frankly bearish indicator.

But if you are using the story as an analogy of 'production hell' you come out of hell at the end after reaching the 9th circle, having traveled chronologically through it.

 

[zdriver]

For reference

Wife pointed out -

Sorcerers: In the middle of the bridge of the Fourth Bolgia, Dante looks down at the souls of fortune tellers, diviners, astrologers, and other false prophets. The punishment of those who attempted to "usurp God's prerogative by prying into the future",[77] is to have their heads twisted around on their bodies; in this horrible contortion of the human form, these sinners are compelled to walk backwards for eternity, blinded by their own tears.

Could also be poking fun at horrible schedule predictions.

 

[madodel]

perhaps it was Toyota, driving Elon to drink...

Toyota admits ‘Elon Musk is right’ about fuel cell, but moves forward with hydrogen anyway

This kind of stuff is why I consider the other automakers stalling to move to EVs the most underappreciated moat Tesla has. It puts Tesla Auto in position to continue with torrid growth rates for over a decade. I don't see us hitting 50% of the auto market supply being long range EVs until the 2030s. If the Chinese weren't moving to gain from the incumbents avoidance, we probably wouldn't get to 50% until the 2040s. Meanwhile, I see demand tipping to a majority of consumers wanting a long range EV in roughly 5 years time (hence the term and thread, "fractured tipping point moat")

They need to lay off the sake. I hear Scotch is better for making delusions come true.

 

[elasalle]

If reference is to Dante, then 7 circles complete ... 77.77 % of Product Hell completes, 32.33% to go ..
If it is just decimal, then 7/10, i.e. 70% complete
if it is 7/100 then just 7% complete ..

I think/hope it is one of 1st two

 

[Waiting4M3]

OK, now I'm really befudded. 2.94, down from 2.30. Where is my slide rule? And my booze?

Elon drank it

 

[Lessmog]

They need to lay off the sake. I hear Scotch is better for making delusions come true.

And remember, the fool celery gets stuck in a Bloody Mary.
G'nite.

 

[SteveG3]

For reference

View attachment 256361

Wife pointed out -


Could also be poking fun at horrible schedule predictions.

Thanks for posting this. My guess would be a dual message: 1) we’re in it, but close to through it, 2) a nod to the nature of the deluge of media, “expert”, and would be opposing legal teams depictions of Tesla... fraudulent. Just a playful guess.

 

[EinSV]

If reference is to Dante, then 7 circles complete ... 77.77 % of Product Hell completes, 32.33% to go ..
If it is just decimal, then 7/10, i.e. 70% complete
if it is 7/100 then just 7% complete ..

I think/hope it is one of 1st two

According to Wikipedia, Dante and Virgil's journey begins on the evening of Good Friday and they make it to the middle of the Eighth Circle at 6:00 or 7:00 am on Saturday.

They do not escape from "1134" until 7:30 pm on Saturday and do not reach the surface until Easter morning. Inferno (Dante) - Wikipedia

So a rough translation may be: they've fixed many of the bottlenecks but the hardest parts are yet to come. "Assume the worst." (Hope for the best)

 

[kenliles]

In Bolgia 5 are housed corrupt politicians

That was when he quit the advisory board, right?...
What’d I miss?

 

[ValueAnalyst]

But if you are using the story as an analogy of 'production hell' you come out of hell at the end after reaching the 9th circle, having traveled chronologically through it.

Wtf Elon just tell us which end is the rear end

 

[ZenMan]

If reference is to Dante, then 7 circles complete ... 77.77 % of Product Hell completes, 32.33% to go ..
If it is just decimal, then 7/10, i.e. 70% complete
if it is 7/100 then just 7% complete ..

I think/hope it is one of 1st two

But if you start in hell and you work your way out wouldn't that imply he still has 7 levels to go?

 

[elasalle]

But if you start in hell and you work your way out wouldn't that imply he still has 7 levels to go?

Well some see Hell Half Empty, I see it Half Full

 

[geneclean55]

According to Wikipedia, Dante and Virgil's journey begins on the evening of Good Friday and they make it to the middle of the Eighth Circle at 6:00 or 7:00 am on Saturday.

They do not emerge from "1134" until 7:30 pm on Saturday. Inferno (Dante) - Wikipedia

So call it halfway through time-wise. Aka, they've fixed the easier bottlenecks, with the hardest parts yet to come. "Assume the worst." (Hope for the best)

He first mentioned production hell during customer delivery event. In terms of 6 or more months of getting to 5k per week. That would be the equivalent of getting thru the 9th level of hell in my opinion. Clearly we are no where near that but could be closer / close to cranking up the line and more bullish than suggesting there are still biggie bottlenecks in the way.

 

[Reciprocity]

Well some see Hell Half Empty, I see it Half Full

No, I think if you keep going after level 9, then you end up in China. So yeah, I think I solved the riddle. When going through hell, keep going until you hit China, then open a factory and start the whole process over again. Then prosper. Good times.

 

[geneclean55]

But if you start in hell and you work your way out wouldn't that imply he still has 7 levels to go?

Not if you believe Elon is Dante. Entered at circle 1, exited at circle 9. Unfortunately Elon still has the prospect of sliding down satans hooves and genitals in order to secure his escape from hell.

 

[Off Shore]

According to Wikipedia, Dante and Virgil's journey begins on the evening of Good Friday and they make it to the middle of the Eighth Circle at 6:00 or 7:00 am on Saturday.

They do not escape from "1134" until 7:30 pm on Saturday and do not reach the surface until Easter morning. Inferno (Dante) - Wikipedia

So a rough translation may be: they've fixed many of the bottlenecks but the hardest parts are yet to come. "Assume the worst." (Hope for the best)

5k a week by Easter? Doesn't sound so good to me ;-)

 

[tslagreen]

For reference

View attachment 256361

Wife pointed out -


Could also be poking fun at horrible schedule predictions.

Reminds me of Beatles Abbey Road discussions - is Paul dead?

 

[Words of HABIT]

As I type this, AMZN is up 37.4B and GOOGL is up 21.6B in after hours trading, combined surpassing the total current market cap of TSLA. That is explosive growth. TSLAs turn will come.

 

[EinSV]

5k a week by Easter? Doesn't sound so good to me ;-)

Fair enough, but as long as they are at 10K per week and 25% GM by next New Years' Eve I'll be one happy camper, with or without s'mores and whiskey (although that sounds pretty good).