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

[tinm]

I wouldn't say that

https://www.carscoops.com/2019/10/peugeot-e-208-ev-takes-25-percent-of-new-models-pre-orders/

Peugeot to introduce Expert EV | CarAdvice

This merger talk is back on after talks fell through earlier this year.

Assuming FCA were to merge with Peugeot, would that change the amount or timing or even the necessity of the EU-ordered monies FCA is supposed to start paying Tesla in 2020?

 

[EVNow]

Why have blackouts specifically in areas that are susceptible to wildfires and dry heat (with a lot of brush and trees) such as Northern California? Further, October is also prime season for harvesting of grapes that Napa Valley would center their economy on (from what I read).

Happy to be wrong here, just think it's odd for CA to be undergoing significant blackouts at the same time as a very-much-known season for natural disasters such as wildfires.

Because - the fires from last year were caused by P&G transmission wires so P&G has to pay out a lot for the damages. They want to prevent a recurrence of it this year.

Finally the climate change will be addressed when corporations find the damages too costly to bear. Until then we will see just inaction.

 

[jerry33]

Happy to be wrong here, just think it's odd for CA to be undergoing significant blackouts at the same time as a very-much-known season for natural disasters such as wildfires.

The blackouts are to prevent the wildfires, not because of a lack of electric generation. Basically the CA electric companies haven't properly maintained the transmission lines (hurray privatization) so they are prone to create wildfires. I don't see anything odd about it.

 

[TheTalkingMule]

At today's close I'm almost exactly halfway to even on my total SCTY/TSLA investments. Glorious progress!

Trying to time deep out of the money LEAPs is a foolish way to go about investing your retirement funds.

Keeping an eye on those TSLA Jan2021 $400s. Clackity clack clack!

 

[StealthP3D]

So, Elon just donated a million trees to that 20 million trees campaign... 5% of the entire total.

Elon Musk on Twitter

LOVE IT!

It's probably some kind of tax cheating scheme. Because liars, cheats and fraudsters don't do that.

 

[Zaxxon]

Because - the fires from last year were caused by P&G transmission wires so P&G has to pay out a lot for the damages. They want to prevent a recurrence of it this year.

So much for that plan...

Back on topic: trees! It looks like Treelon got Jack Dorsey to join up...

I've also donated (a few fewer than Treelon, but...), and you fine folks should toss a few fivers in, too. It's been a good week for TSLA holders, anyway.

 

[StealthP3D]

Thanks so much for the heads up on Lady Gaga’s concert. Will be in Vegas next week, so just took some of my TSLA profits and bought some tickets.

I predict that will eventually turn out to be the most expensive concert you've ever seen.

 

[MP3Mike]

I don’t understand how these reporters tell their kids and grandkids what they do for living.

The same as her articles, essentially lies.

 

[M3Rider]

So, Elon just donated a million trees to that 20 million trees campaign... 5% of the entire total.

Elon Musk on Twitter

LOVE IT!

I’m sure he did the due diligence to check they were above board. There will inevitably be scammers in this zone. It’s too easy to produce some stock footage of trees and say “look at your beautiful trees”, or shoot the same million trees from 5 angles and claim 5 million trees. I also note that trees planted not equals trees grown. Care required!

My concern would be how do they guarantee the planted trees won't be wiped out?
If they plant in Amazon, those farmers don't care, they just burn them by square miles; if you watch Season 2 "Rotten" on Netflix, in Africa farmers wipe out officially protected forests and plant their cocoa trees there(used to make chocolate) to supplement their income, so those national parks only exist on paper...

Tesla can't cut cost that fast. All I can see is Model 3 cost may drop 20~30% in the next 3 years while improving quality and features. They could remove great audio, remove glass roof, reduce range, those won't cut cost by a lot. I don't think Tesla will ever sell $25k cars. The $35k Model 3 is equivalent to $25k ICE cars once gasoline cost is considered.

Potentially, can be a smaller car with smaller battery, 150m range. Why not? Some may be fine with just the local city driving. For countries like India etc. with lower incomes. You can still enjoy the Tesla ecosystem (software, supercharging, OTA), which is cool.

I seriously doubt that you will EVER see a $25K Tesla with FSD. Once true driverless FSD is available it very well could be a $25K option all by itself. I really think the very long term goal for them is to discourage private ownership in favor of a cheap, easy, efficient robotaxi network. This fits the mission statement to a T I think.

Get 'em while you still can!

Dan

Long term yes, agree. But legally it may still be years away. We have winter weather currently and I keep getting all these warnings - this feature temporarily unavailable, that one unavailable...can be a challenge. IDK if spraying cameras with that magic solution is going to be a permanent fix.

 

[dhrivnak]

In 2Q19, Tesla delivered 89,214 non-lease new vehicles and increased the warranty reserve by $153.2 million or $1,717/delivered vehicle.
In 3Q19, Tesla delivered 88,100 non-lease new vehicles and increased the warranty reserve by $1,38.0 million or $1,566/delivered vehicle.
Also the expensed warranty costs for leased vehicles decreased from $5.7 million in Q2 to $4 million in Q3.

These reductions are in addition to the $37 million reduction in prior period reserves.

Sustainable?

It is if they continue to make better quality cars which I think they are doing.

 

[shootformoon]

Exactly. The action Greta asks is to have legislation to demand the polluters/corporations to pay their damage. Only then we will see tangible solutions against climate change.

Because - the fires from last year were caused by P&G transmission wires so P&G has to pay out a lot for the damages. They want to prevent a recurrence of it this year.

Finally the climate change will be addressed when corporations find the damages too costly to bear. Until then we will see just inaction.

 

[PhaseWhite]

TSLA bonds are at ATH yet stock continues to be wildly manipulated

The bonds may just be trading up because the risk of insolvency is gone. The stock has a lot more to prove...

 

[hacer]

In 2Q19, Tesla delivered 89,214 non-lease new vehicles and increased the warranty reserve by $153.2 million or $1,717/delivered vehicle.
In 3Q19, Tesla delivered 88,100 non-lease new vehicles and increased the warranty reserve by $1,38.0 million or $1,566/delivered vehicle.
Also the expensed warranty costs for leased vehicles decreased from $5.7 million in Q2 to $4 million in Q3.

These reductions are in addition to the $37 million reduction in prior period reserves.

Sustainable?

Warranty Accruals per Vehicle Sold, 19 July 2018
Given that they're still putting in over 4 times the reserve of GM and Ford I'd say that even the trend is sustainable.

 

[goinfraftw]

The blackouts are to prevent the wildfires, not because of a lack of electric generation. Basically the CA electric companies haven't properly maintained the transmission lines (hurray privatization) so they are prone to create wildfires. I don't see anything odd about it.

Sounds good. This is what happens when you have 1-3 too many cabernet sauvignon's in you over dinner .

 

[GOVA]

I really hate this over-used expression. The big car companies aren't "sleeping giants". IMO, they are fat, lazy, over-confident morons, who are too top heavy with management that can't won't change unless forced to, and saddled with the burdens of unions who don't want EV's, and huge investments in factories and equipment to only build ICE vehicles.

Hi. Can I copy and paste this into wherever I can so morons who have no clue might get this?

I really like your explanation a LOT.

 

[GOVA]

Sorry but no. The glass panel Tesla uses is expensive. Metal is probably 1/10 the price. Simpler to build too. But Tesla would need to make a large number of them for it to be worth it. It probably won’t make sense in Fremont but only in a new factory where it was part of the plan.

I guess, produced en mass, the glass roof ain't that much of a price burden.
Also, I strongly feel that its purpose is much more than cost more than cheaper 'alternatives'

 

[Thekiwi]

Anybody read the first portion of Bloomberg's Model 3 owner survey? Just came out this afternoon. Very deceiving IMHO. Looks to me like the 3 compared very well to the industry, but you would never know it to read this. Recommend everyone check it out.

My concern is that its a self selecting survey, and anyone can participate if they enter any old VIN number. No doubt plenty of TSLAQ trolls got in there.

 

[kengchang]

Warranty Accruals per Vehicle Sold, 19 July 2018
Given that they're still putting in over 4 times the reserve of GM and Ford I'd say that even the trend is sustainable.

Latest American Auto Warranty Expenses, 18 July 2019 7/18/2019

At the end of 2018, GM had a capacity of 31 months, or just over 2-1/2 years. Tesla had a capacity of 37 months, or just over three years. But Ford, because its claims rate rose last year while its reserve balance fell, was down to only 12 months at the end of 2018, though it rose to 16 months in the first quarter of 2019.

Claim Rate

Accrual Rate

Accrual per Vehicle

 

[M3Rider]

Hi. Can I copy and paste this into wherever I can so morons who have no clue might get this?

I really like your explanation a LOT.

I think we really are past the Tesla killers narrative. So, that explanation is not really needed anymore. It was just a troll grasping at straws to justify his existence.

 

[StealthP3D]

Chris Harris from Top Gear is in love with the M3 or, at least experiencing some cognitive dissonance

Full:

I thought you meant the BMW M3 but he loves the Model 3!