Until one day soon Insurance requires purchasing it.The problem with this is that those who really need it are the least likely to purchase it.
You can install our site as a web app on your iOS device by utilizing the Add to Home Screen feature in Safari. Please see this thread for more details on this.
Note: This feature may not be available in some browsers.
Until one day soon Insurance requires purchasing it.The problem with this is that those who really need it are the least likely to purchase it.
Fair point, and the maximum drag to GM% from ramp effect in recent years is of the order of 5% :
If it is 'only' a 5% drag due to ramp effect then that on its own is no big deal. However if there is reason to think that overall GM% margins will become compressed due to selling price (ARPV) being reduced in order to maintain the volume ramp as competition becomes more of a factor, then that inevitably will lead to less attractive financials.
-----------(entire middle of post deleted to focus on expansion drag on net and gross margins)----------
The expansion drag effect should persist at least until the end of this decade. In my modelling I assume that a S-curve kicks in with decellerating auto growth for Tesla later in the decade. That ought to be beneficial in respect of ramp drag at that point, except that non-automotive ramp is becoming much more significant in those years (at least in the Tesla-base case, where energy needs to be ramping strongly). So that ramp drag is something investors need to live with for a long time to come, even if it might be a bit patchy occasionally.
Functional element is hard carbon.I agree. But they have been producing lignin since 2015. They also have working pilot factory for a battery grade lignin here in Finlnd. And they announced partnershup with Swedish upcoming battery factory Northwolt last summer. I just hoping Tesla would join this development too.
Northvolt Partners With Stora Enso For Lignin-Based Battery Anodes - CleanTechnica
Northvolt is looking to make battery cells using locally sourced sustainable materials such as lignin, which is derived from trees.cleantechnica.com
In SoCal, I haven't seen a delivery center stacked with waiting inventory so I also don't follow that logic. Think all reported will be reflected on the site + some could show up for multiple areas since it would only be a <30 mile drive to move between center. So 1 car is available at 3-4 different spots.Lately, I've been hearing people say that the reported inventory numbers might be skewed because of duplicates. That is, there could be duplicate configurations at a location that only show up once on the Tesla inventory page. So numbers we get from sites like tesla-info.com might be misleading.
It seems that duplicates would be unlikely to skew the results much, if at all.
For Model Y in the US, there are 160 different hardware configurations you can order. I don't see a lot of locations that would have large numbers of duplicate units with the exact same configuration:
2 trim levels x 5 colors x 2 wheel choices x 2 tow hitch choices x 2 interior choices x 2 seat configurations = 160 total configurations
Some locations might have duplicates of some of the most popular configurations, but I don't see that as something that would skew the inventory numbers much.
Pretty much everyone is on the sidelines until earnings and the margin picture becomes clear, even TSLA bulls.
Predictable… Very true.Much/most of the decline was predictable, although it is difficult for some to accept.
Do a simple discounted cash flow on any fast-growing company and you can see that a majority of the value of the company is tied to what happens 10+ years out. Increase the discount rate by 5 percentage points (4.25 already plus 0.75 in the coming months) and you can see that the 10+ year value decreases by at least 39%.
Some companies such as Apple are increasing sales at a much lower pace and therefore the increase in discount rate will have less of an impact. That's why you see Apple decline in value much less.
Some companies such as startups and Tesla are increasing sales at a higher pace and therefore the increase in discount rate will have more of an impact. That's why you see these companies decline in value more. Apparently, startups are seeing 80%+ declines in value in the private markets. This is causing havoc in their cap tables because any new money raised will more or less wipe out existing shareholders.
I suspect that this phenomenon was what Musk was referring to with the DCF equation that he tweeted.
By the way, this phenomenon is why SpaceX's ongoing up-round at $137 billion valuation is so remarkable. Perhaps unique. In 20 years of existence, the company has never had a down-round and has raised money throughout. This might be due in part to the fact that SpaceX is growing at a more measured pace than most startups and Tesla.
Sorry for the off-topic post. I wasn't talking about TSLA (clearly)I have the feeling this is going to be a 10% day
You can't jump to that conclusion based on the info we have. Maybe he sold the puts last Friday when the SP was in the low 100's. He would have received ~$60 per contract and now the SP is in the 120's so he may have netted $20 profit. We don't know.What does Leo mean:
"shares will be assigned @ $160 this month"??
TSLA isn't $160... I've been here a long time, yet I still never quite understand what's going on.
_________________
EDIT- Thank you @juanmedina , @MikeC and @Mengy , for answering:
"Puts that he sold are getting assigned." and "...obligating him to buy at $160 at a future date regardless of where the stock is trading.".
So he's complaining about his poor speculations, not as a credible long term investor? Heck, my LEAPS withered away terribly, but I don't complain because I knew what I was getting into (risk) -and I knew my level of speculative understanding was rudimentary, but I couldn't resist the lure of options, so I did it anyway.
You're welcomeI don't know where to start on this, I don't have much to take issue with the final conclusions
This is interesting on Autopilot safety. Looking for the original source.Nah, driver was TSLAQ. He’d been driving laps on the bridge for hours praying for a phantom braking event that causes an accident. There were 4 more of his buddies in the cars behind him. /tinfoilhat
Giga Berlin phase 1 is 500k, phase 4 2mIt's not clear to me what the ultimate Austin and Berlin capacities are for Phase 1. 500k apiece? 1 million?
We see new stamping press foundation work happening at both Austin and Berlin. Austin's is happening a bit under wraps with only periodic glimpses from drones, but Berlin's looks like it is still several months off from completion. So the round number of 500k apiece doesn't seem to make sense.
Looking for the original source.
Probably referring to the scores seen here: Tesla, TSLA & the Investment World: the Perpetual Investors' RoundtableThis is interesting on Autopilot safety. Looking for the original source.
You can't jump to that conclusion based on the info we have. Maybe he sold the puts last Friday when the SP was in the low 100's. He would have received ~$60 per contract and now the SP is in the 120's so he may have netted $20 profit. We don't know.
That's some good customer retention there! /sRoadster deliveries in 2023?
Given the lack of updates about status of Roadster deliveries and also the fact that I could be easily be earning 3.5% on my deposit money, I just called to ask for my deposit back. Took 20 minutes to get someone on the line; after taking my info and then having some muffled conversations with people in the background, the person came back and said "I'm being told that Elon has said we will deliver these in Q2 or Q3 of this year". I asked her to verify that she meant 2023. More muffled convo in background, and then she says "yes, in 2023".
I'm not sure how confident to be with this info, but I told her I would hold off on cancelling for a few months and see where this goes.
Personally I haven't seen anything on Twitter or elsewhere to support this; seems like most people were thinking 2024 for Roadster deliveries to start.
Roadster deliveries in 2023?
Given the lack of updates about status of Roadster deliveries and also the fact that I could be easily be earning 3.5% on my deposit money, I just called to ask for my deposit back. Took 20 minutes to get someone on the line; after taking my info and then having some muffled conversations with people in the background, the person came back and said "I'm being told that Elon has said we will deliver these in Q2 or Q3 of this year". I asked her to verify that she meant 2023. More muffled convo in background, and then she says "yes, in 2023".
I'm not sure how confident to be with this info, but I told her I would hold off on cancelling for a few months and see where this goes.
Personally I haven't seen anything on Twitter or elsewhere to support this; seems like most people were thinking 2024 for Roadster deliveries to start.
I think the lack of announcements is a shift in communications. Rather than promising things years off, they seem to be getting a bit more disciplined about only promising what they are confident they can deliver. Thus the radio silence on Gen 3 until now and general radio silence on a lot of things. Seems like they are shifting out of “Kickstarter” mode and more into a production mentality where they talk about shipping or eminently shipping products.Roadster deliveries in 2023?
Given the lack of updates about status of Roadster deliveries and also the fact that I could be easily be earning 3.5% on my deposit money, I just called to ask for my deposit back. Took 20 minutes to get someone on the line; after taking my info and then having some muffled conversations with people in the background, the person came back and said "I'm being told that Elon has said we will deliver these in Q2 or Q3 of this year". I asked her to verify that she meant 2023. More muffled convo in background, and then she says "yes, in 2023".
I'm not sure how confident to be with this info, but I told her I would hold off on cancelling for a few months and see where this goes.
Personally I haven't seen anything on Twitter or elsewhere to support this; seems like most people were thinking 2024 for Roadster deliveries to start.