Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

[GrimRe]

People c'mon there isn't going to be ANY exciting product announcements at the AGM. It will be the regular boring update of Tesla's accomplishments to date with maybe a few nuggets of data we haven't seen before.

There is no utility in announcing anything major. Firstly, Tesla is entirely focused on ramping existing factories and manufacturing lines. Secondly, there is nothing to demonstrably show. Announcing new factories, products etc would be many years away. 2023 and 2024 are already spoken for-- Semi, CT, Austin/Berlin Ramps.

 

[Artful Dodger]

If Lithium refining is such a money maker, as Elon claims, why doesn't Tesla do it themselves? Would have been a good question for tonight.

Elon already answered that on the Q2 2022 Earnings Call. He said 'if our suppliers don't solve lithium refining, we will'.

Tesla (TSLA) Q2 2022 Earnings Call Transcript | The Motley Fool

Drew Baglino -- Senior Vice President, Powertrain and Energy Engineering​

​

We're working on a lithium refining activity as well ourselves because the best way to learn how to accelerate something is to do it yourself. So these are the things we're doing to move it all forward.​

​

Elon Musk -- Chief Executive Officer and Product Architect​

​

Yes. If our suppliers don't solve these problems, then we will.​

 

[philw1776]

Basically it's funny because this is yet another "battery of the week". Every week there is one or more announcements of some new battery tech that will overthrow the current batteries in two months (or weeks). Often they work fine at -185 C, or in a clean room, or cost seven figures per battery, or have other practical issues. For use in transportation, batteries need to have a fairly long history as a product so that the gotchas are well known--this typically means about ten years in production on non-transportation or critical applications. So it's funny, but not in a very humuorous way.

Electrical engineer here but NOT a battery engineer. I have followed battery tech announcements in the press for decades now. Back in 2001 I was founding a telecom company and seeking VC funding (I know, I know) and got to sit in meetings where our funding VCs were enamored with a battery startup from MIT. We and they both eventually went down the tubes. There have been myriad new battery tech LAB announcements for decades. Some even got made into products. Be very very wary of any new glowing battery announcement even from the most competent sources, e.g. MIT.

 

[StealthP3D]

"Rules" (since this is just for fun) is that you call your own game (ie. cross off squares yourself), and if you win, shout BINGO as loud as you can (bonus points if your partner gives you a dirty look). Then do a screen shot and post your complete card. First poster gets some sort of kitschy prize to be determined later.

BINGO is defined as one full column, row or five diagonal.

You guys can give up now, I already won!

 

[Ogre]

People c'mon there isn't going to be ANY exciting product announcements at the AGM. It will be the regular boring update of Tesla's accomplishments to date with maybe a few nuggets of data we haven't seen before.

There is no utility in announcing anything major. Firstly, Tesla is entirely focused on ramping existing factories and manufacturing lines. Secondly, there is nothing to demonstrably show. Announcing new factories, products etc would be many years away. 2023 and 2024 are already spoken for-- Semi, CT, Austin/Berlin Ramps.

I don't think anyone was suggesting there would be. The bingo cards are just that, a goofy game which needed to be filled out.

It is worth remembering though that Battery Day was also the Shareholder's Meeting. So there is some precedence for material announcements at the shareholders meeting.

Though it's not very likely.

 

[Big Time]

LOL Tesla listed under "Speculative Tech" right now on CNBC

 

[MartinAustin]

I see 5 ‘funny’ and 3 ‘disagree’ emojis. I can understand ‘disagrees’ and one poster was kind enough to educate me with quite a few reasons why this tech is not mature or suitable yet.

But wondering what is so funny about what I asked? Just curious.

(Nothing to do with TSLA) NPR is part of the government media toolset, who convey the government's messages to us. "China is bad" is part of the messaging the government currently wants us to be slathered with. The nature of the "license transfer" term that they use doesn't come with a definition. No names, dates, or explanations. NPR has no problem conveying this highly suspect IMO story. Do not believe anything NPR says when it comes to China or Russia. Seek corroborating sources outside the government media toolset.

 

[bkp_duke]

LOL Tesla listed under "Speculative Tech" right now on CNBC

That's an upgrade from autos . . . right?

 

[Artful Dodger]

Basically it's funny because this is yet another "battery of the week". Every week there is one or more announcements of some new battery tech that will overthrow the current batteries in two months (or weeks). Often they work fine at -185 C, or in a clean room, or cost seven figures per battery, or have other practical issues. For use in transportation, batteries need to have a fairly long history as a product so that the gotchas are well known--this typically means about ten years in production on non-transportation or critical applications. So it's funny, but not in a very humuorous way.

And their solution for terawatt-scale stationary storage is based on vanadium chemisty? Lol, I have a bridge in Brooklyn to sell you (cheep).

"The worldwide shortage of vanadium is impacting many companies…" - Mining Journal.com

 

[Ogre]

That's an upgrade from autos . . . right?

Looking at all the major players in the auto market, 5 out of the top 6 auto major players are in the middle of 5+ years of declining sales. It's a bad sector to be in.

 

[ZeApelido]

I can't believe I forgot to mention this nugget. When I was trail running in Tahoe, I ran into a bear .

And the bear ran away from me! It's a bullish sign - TSLAQ bears are running scared...

Yes I am idiot American taking a selfie with a bear who's mom is probably 2 minutes away from mauling me.

 

[jabloomf1230]

We seem to be at the same level with battery science that Gregor Mendel was at when he described how genetics influenced the inheritance of traits in sweet peas. Researchers constantly propose wondrous combinations of anodes, cathodes and electrolytes that will revolutionize the industry. It took about 20 years between the time that Whittington conceptualized the Li ion battery to when such batteries were commercially produced. Battery technology will definitely improve, but what that improvement will be is presently unclear.

 

[Artful Dodger]

Well, of course it is. Summer vacation season is tapering toward being over.

Ahaha, no. If you look at the chart again, gas prices peaked during the 2nd week of June, and have been falling throughout the peak Summer holidays driving period.

 

[MABMAB]

I can't believe I forgot to mention this nugget. When I was trail running in Tahoe, I ran into a bear .

And the bear ran away from me! It's a bullish sign - TSLAQ bears are running scared...

Yes I am idiot American taking a selfie with a bear who's mom is probably 2 minutes away from mauling me.

Drama queen!
I kinda thought the same thing mama bears. But a friend that is really into bears told me mama likely long gone, not watching over. I'd chased away some bears and the cubs climbed a tree, mama ran.

My bear friend expert (and great photos): Robert S Mullen Photography

More bear photos on FB

Log into Facebook

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[Artful Dodger]

Secondly, there is nothing to demonstrably show.

Thirdly, AI Day 2 is in 8 weeks.

Cheers!

 

[jabloomf1230]

(Nothing to do with TSLA) NPR is part of the government media toolset, who convey the government's messages to us. "China is bad" is part of the messaging the government currently wants us to be slathered with. The nature of the "license transfer" term that they use doesn't come with a definition. No names, dates, or explanations. NPR has no problem conveying this highly suspect IMO story. Do not believe anything NPR says when it comes to China or Russia. Seek corroborating sources outside the government media toolset.

You might want to check your sources as to NPR's funding base. It's OT for me to go into a lengthy discussion here.

 

[StealthP3D]

I worry about optics as well. We already have to deal with "urr lithium mines done destroy environment that I so deeply care about which is why I drive an F250 to my office job".

I wouldn't worry about optics unless Tesla was actually doing something "wrong". There is little doubt in my mind that if Tesla was forced into mining and refining, they would use first principles thinking to do it at least as well as the status quo, probably better in many areas. Reasonable people understand if you want more wood, you have to cut down trees, if you want more aluminum, you have to dig it up and refine it, etc.

People will always make up fake narratives to create bad optics for Tesla, you can't stop them. Even if Tesla invented a method to grow EV's in a garden with nothing more than organic fertilizers, suddenly the story would be that Tesla is confusing the insects that arrive expecting blossoms instead of little immature cars blossoming into full-sized EV's , and that confused insects could upset the children.

 

[ninpb]

I can't believe I forgot to mention this nugget. When I was trail running in Tahoe, I ran into a bear .

And the bear ran away from me! It's a bullish sign - TSLAQ bears are running scared...

Yes I am idiot American taking a selfie with a bear who's mom is probably 2 minutes away from mauling me.

 

[StarFoxisDown!]

TSLA not only underperforming from the week (from open of trading on Monday through right now), but underperforming by such a large degree that it’s actually up less than the Nasdaq in that period……

I’m just having the time of my life over here

 

[Artful Dodger]

I can't believe I forgot to mention this nugget. When I was trail running in Tahoe, I ran into a bear .

And the bear ran away from me! It's a bullish sign - TSLAQ bears are running scared...

Lol, in Banff National Park, the bears get their own SEC police escort.



(Actually, two: Park Police and an RCMP cruiser)

Cheers!