To: Boss Short
Well Boss what the hell do we do now ?
Sincerely
Chief Editor
Shortsville Times
Well, just remember, every dip in SP is called "buying opportunity" by the longs.
So, in that spirit, this is the Greatest Shorting Opportunity Ever!
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To: Boss Short
Well Boss what the hell do we do now ?
Sincerely
Chief Editor
Shortsville Times
When are they going to make the "less expensive" vehicles???
The issue you fail to grasp is that the majors have huge amounts of capital, money and experience building lots and lots of cars....
That’s really incredible. As excited as we all are about the surprise profit, the Model Y pull-forward, good news on autonomy and GF3 are really far more important long term,
You mean like T.Rowe PriceAnalyst upgrades would not be surprising tomorrow or Friday. More importantly, the profit and other good Tesla news may inspire institutions to stop holding back, and instead resume channeling fresh money into TSLA.
The way we can get to low 200s is a bad Q1 and a big drop in NASDAQ.
I think at least for a while we are now back in 300 being a significant support level, let alone 255.
And they install whompy wheels.I heard they don't even check the brakes when they sell cars.
Major difference between 2q19 (-$408 MM net income) vs 3q19 ($143 MM net income) or $551 MM difference:So does anybody have a breakdown of the earnings? How did we get such a big beat? 30M from enhanced summon is not much. But anything else from FSD (or other) deferred revenue? How much from credits? And how much due to fundamentals (gross margin, improvements in production efficiency, lower fixed costs, etc.). Would love to see a breakdown of this.
You are not far from the kingdom.I used to think it would be the presence of chargers all over the place that would do the job. But I think it will be more important just to see EVs on the roads and in showrooms. People will figure out they can charge at home.
If Tesla does that it won't be able to compete in five years or so. There are advancements in batteries that will drop the price in five years. Heck, just the shear volume of manufacturing will drop the costs for the really big players. If Tesla is selling a million a year and other makers are selling 10 million each, who do you think will be able to drop their manufacturing costs more quickly? That's the fight they are in. Not about making a few hundred million profit this quarter.
Everyone else will be selling similar vehicles for a lower price and Tesla won't be able to maintain volumes. Tesla will have to produce lower cost cars to survive.
This also fits into my observation from earlier this year that Musk had (last year) started to take a new tack with regard to projected timelines, trying to under-promise and over-deliver. Yet, for some reason, many like to pretend that if something happens a certain way 5 times in a row, it will continue to happen that way forever.
Yeah it doesn't feel like it's going back there...
Same price does not make sense. Only if you manufacture in a single place (Fremont). Then you know you can't go below your cost. You have to add shipping, tariffs, etc. No way around it.Elon said same price everywhere plus shipping and local taxes.
He never said same margins everywhere.