Are people putting money on this race?Now the Model 3 is a head by 3...
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Are people putting money on this race?Now the Model 3 is a head by 3...
This is the ~$5Bn question of the moment! It could be that Elon got the correct time and place but is confused on which parallel universe....How exactly is this announcement/event going to be ? I didn't see this mentioned earlier (probably missed it).
Will it be an actual event i.e. Musk talking to reporters - or is it just a twitter/website announcement ?
Only Elon knows.
This is our weakest point as a community. luvb2b and ReflexFunds make great models once the production numbers come out. However, we are clueless on:The new VIN registrations are just bonkers. Almost 7k registered today. Over 300k total now, and almost 110k for Q1, with NA registrations approaching parity with international, at approx 55k each. I ask again, what is the deal with the Musk's internal memo last month, claiming demand issues and borderline Q1 profitability?
Even if they make 6k a week. x12 (minus one week for holidays/retrofit, etc.) gives 72,000. Are they going to average more than 6k a week this quarter. I'm totally confused on this matter. 7k x 13 = 91k. Is it possible that they're doing this already??? Maybe they've reached this higher rate super early and that's why they can now offer standard range M3, which would tie into the announcement today??
Model 3 VINs on Twitter
Model 3 VINs
So, I had this nice chat with a prior member of the "Electrification Strategy Group" of a German premium carmaker.
Can't get into any specifics for obvious reasons, with the exception of three meta-remarks:
In short, mildly bullish news
- Remember when media reported on Germans getting nervous after M3 teardown? According to my source, those reports didn't paint an accurate picture of what really happened: People had very public shouting matches, some where fired on the spot and they made huge yet overhasty adaptations to their EV strategy like, within days.
- He quit his job shortly after, in Q1 2018, and consequently rolled all of his shares from his former employer into Tesla ones(!!!) Furthermore, he confirmed that they wouldn't be able to catch up with Tesla for at least two car-generations (8-12y). "No matter from what angle you look at this debacle, they're pretty much ****ed. All of them [German car makers]. VW is so much up its own ass, they haven't even realized they're in big, big trouble."
- Don't believe a single word of their EV strategy PR: They simply couldn't see a profitable path to pull off their original plan – going completely electric by 2025 – so they pivoted. Hard.
Old enough to enjoy a goooood hot turkey sammiche!
I don't believe the news today will be market moving given the timing.
While true it's after the market is closed, it still within the after market hours. Thin tape movement would be too drastic, in either direction, if it were market moving news, IMHO.
Amazing info!
I'm wondering about this:
"Don't believe a single word of their EV strategy PR: They simply couldn't see a profitable path to pull off their original plan – going completely electric by 2025 – so they pivoted. Hard."
Since their EV strategy is still .. murky even today, what did they pivot to? Going completely electric much later than 2025 in a "delay and pray" move, hoping to cash in quarterly bonuses as long as possible while peak ICE profitability still lasts?
The layers of dirty air that must have cycled through the Ohio River Valley and Shenandoah and/or maybe Piedmont Valleys of Virginia (If I have my air pollution flows right) are very noticeable to skydivers, especially when repeatedly jumping from slow climbing old Cessnas. I swear I could smell the difference falling through the layers, especially in the 1980's when wood stoves were an order of magnitude more popular. Here's hoping the layers go away, and future generations won't bear the burden of lead and mercury - addled brains and bodies. And I grew up right on a busy truck route during the heyday of leaded gasoline and oil-smoke-spewing autos.Just look at pictures of LA, Salt Lake City, Denver, etc if the wind hasn't blown for a few days.... Or modern-day Beijing.
I look forward to fossil fuels being thrown into the dustbin of history.
I just look at the price and flip a coinIronically, non-market moving news could be market-moving (downward) if the SP action since yesterday is based on bullish speculation. But maybe the action is based on bond repayment. Impossible to know; things are too conflated.
This reminds me . . .
When I spoke to a BMW employee last year, I was told that their EV strategy was basically, by 2025, BMWs cars will be available with gas ICE, diesel ICE, or EV modes--take your pick--all from the same assembly line. That the company was intent on continuing the ICE lines and viewed EV as just a drivetrain option. He then added that he was glad he was retiring in two months (as in, wouldn't be around to witness the ensuing bloodbath).
I'm thinking Elon is stressing out right now trying to think of something worthy of all this speculation.
I agree, and that's why I'm not making any moves right now.Ironically, non-market moving news could be market-moving (downward) if the SP action since yesterday is based on bullish speculation. But maybe the action is based on bond repayment. Impossible to know; things are too conflated.
Blow smoke in their face often enough and you will get them addicted.