It's likely to be over today, barring legal challenges. Those have been very flimsy so far though. Then we can put the election behind us and get back to saving the planet and getting rich.
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Tesla's Supercharger Team was recently laid off. We discuss what this means for the company on today's TMC Podcast streaming live at 1PM PDT. You can watch on X or on YouTube where you can participate in the live chat.
Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
bkp_duke
Well-Known Member
USA is a Democratic Republic, technically speaking.
Capping going on once again -
Unfortunately, I believe THEY did intervene right around 10:00 a.m. EDT. As the stock hit $440, there was significant selling that came in (not unexpected), and then the capping games began rather successfully. After being driven down below $432, TSLA tried to run above $435, but significant effort was put in to drive the price back down. This effort could be seen in the Level II quotes. Hopefully, the cappers will get steam-rolled as the day progresses.
Dan Detweiler
Active Member
Iain
Member
I love this. I was an Airline Pilot for 20 years and we always called ourselves part of a union (ALPA), but when there was anything resembling what we should do as a Union, they would push back and say we were actually an Association
corduroy
Active Member
I'm just glad we are out of the $420s. I hope we don't see them again for a long time. or ever
Tesla as a enterprise software company:
Agree, but would go further. There are three courses of action for a company buying in a ERM solution.
1. take a prepackaged solution - most companies will have unique requirements, that is what distinguishes them from their competitors - so a prepackaged solution is usual not adequate. As companies grow and change the type of solution changes.
2. add a customisation layer on top of the bought in enterprise software - this is difficult to do, rather fragile and usually requires consultants and specialists. This creates a high priesthood which has to be fed and who control the change process.
3. ask for the provider to create a custom solution (modules) - good luck with that.
All of them take years to implement, are inflexible and are resistant to change. Few companies have the ability to write their own ERM software, but if like Tesla they can do so it is a major advantage.
Agree, but would go further. There are three courses of action for a company buying in a ERM solution.
1. take a prepackaged solution - most companies will have unique requirements, that is what distinguishes them from their competitors - so a prepackaged solution is usual not adequate. As companies grow and change the type of solution changes.
2. add a customisation layer on top of the bought in enterprise software - this is difficult to do, rather fragile and usually requires consultants and specialists. This creates a high priesthood which has to be fed and who control the change process.
3. ask for the provider to create a custom solution (modules) - good luck with that.
All of them take years to implement, are inflexible and are resistant to change. Few companies have the ability to write their own ERM software, but if like Tesla they can do so it is a major advantage.
Good thing to realize after Giga Shanghai is operational and pumping cars out of the factory selling like cakes
Hey! What's wrong with that? That's how I pay my bills.
I did key in on that during the last call. It's impressive that Tesla uses all home grown software. Most companies don't have the skills to make that work better than an enterprise solution but I'm sure Tesla is an exception.
UkNorthampton
TSLA - 12+ startups in 1
Also upgrading to the next version is hell and will often break customisations.
I've worked for organisations where dedicated people built efficient and flexible systems (many years before) on a shoestring but manglement insisted on packages rather than a small spend of time on modernising.
Tesla is doing the right thing and it gives them an agility that cannot be matched. Licence fees for SAP etc are high as well. Lock-in is a danger as is the original supplier being bought up by a competitor and clients are forced to move to a package they never wanted.
As Elon says, this IS HUGE.
As Gali (hyperchange) says - the return on investment / spending is huge - multiple times more efficient and I have hope that Tesla will be a manufacturing behemoth for decades.
Tesla can do this because they do not hold the traditional view that software is a "burden" in the expense column. They recognize that software is an integral and highly valuable driver in their revenue engine!..
Also, those who take the "we will take the ERP package and customize it to our processes" approach inevitably end up throwing enterprise agility under the bus because their process is now hostage both to the internal software development priorities as well as to the vagaries of the external vendors' software schedules.
woodisgood
Optimustic Pessimist
Yesterday TSLA wasn’t allowed to rise bigly with tech. A reasonable explanation was that it was taking the hit with renewables, which were down significantly.
Today it hasn’t been allowed to rise in an absolutely monstrous day for green energy/solar. TAN, a solar ETF, is up nearly 11%. Yes, an ETF.
Today it hasn’t been allowed to rise in an absolutely monstrous day for green energy/solar. TAN, a solar ETF, is up nearly 11%. Yes, an ETF.
GrandEnigma
Member
woodisgood
Optimustic Pessimist
We are just a car company again today
Oh, well that’s excellent news, because I hear there are big opportunities for just-car companies in China!
I frequently interviewed Jon Najarian when he was a CBOE market maker, and I made my daily visit there for my Chicago TV show. He's a smart and honest market commentator/investor. Late last hour on CNBC regarding Tesla, he said, "Bought more; I like the upside."
CNBC - 42 minutes ago:
CNBC - 42 minutes ago:
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Einhorn Blames Tesla ‘Mania’ for Hurting Greenlight Re’s Performance
Published: Nov. 5, 2020 at 11:14 a.m. ET
"He blamed retail investors for the loss, calling stock performance evidence of a “mania.”"
What a dick. But we all already knew that.
Einhorn Blames Tesla ‘Mania’ for Hurting Greenlight Re’s Performance
Published: Nov. 5, 2020 at 11:14 a.m. ET
"He blamed retail investors for the loss, calling stock performance evidence of a “mania.”"
What a dick. But we all already knew that.
Einhorn Blames Tesla ‘Mania’ for Hurting Greenlight Re’s Performance
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