« First « Previous Comments 100 - 139 of 327 Next » Last » Search these comments
Life is too short to make small bets - CEO of Soft Bank. ???
The end of the year push to try and sell vehicles using a $7,500 Federal tax credit as a bargaining chip appears to be falling flat on its face for Tesla. A new report by electrek published on New Year’s Eve says that Tesla still has over 3,300 Model 3 vehicles in its U.S. inventory, which sent the stock sliding lower by about 2% in morning trading.
Tesla had earlier said it was "doing everything" to ensure those who ordered a vehicle as late as Dec. 20 could take deliveries by Dec. 31, with Musk promising to reimburse customers if delivery delays cause them to miss out on a significant tax credit.
They need to turn consitently profitable soon without accounting gimmicks.
Tesla isn't a car. It's a spaceship from the future.
I kinda agree with Warren Buffett when he says Apple should not buy TSLA. Warren is not always correct, but I believe him when he says everybody and his dog will make an electric car. Also, the self-driving car will mean that fewer cars are sold. One car will be able to serve 5 people. I don't own a car anymore. I use UBER and trains and busses and maybe I'll try a LIME (maybe NOT!). And, added hazard, you gotta realize Chinese competition will be fast and ferocious. SAIC BAIC BYD all have better financials than Tesla.
They need to turn consitently profitable soon without accounting gimmicks.
A very honest company founded by a man who is not human. He will go down in history as the man who destroyed Big Oil, and brought the Saudi Kings to their knees.
Where have I seen this type of FanBoy-ism.... Let me think.... Oh yeah, like this:
Still, cellphone .... make that mobile computing, is a viable long term market, which isn't disappearing though it may evolve into clothes, eye wear, upholstery, etc, instead of a handheld device.
In contrast, a car is still just that, a mode of transportation.
And there's a huge difference between $1K and $50K for the average consumer.
Tesla still has over 3,300 Model 3 vehicles in its U.S. inventory,
and there's a huge difference between a $60K Model 3 and a $30K Volt, yet they both get you from Point A to B.
pay DOUBLE for a iphone versus an Android
MrMagic saysand there's a huge difference between a $60K Model 3 and a $30K Volt, yet they both get you from Point A to B.
And don't forget the $17K Corollas & Civics, which also get the job done, saving even more money for gas.
That's fashion statement stuff, like paying $400 vs $200 for a pair of shoes.
E-man saysLife is too short to make small bets - CEO of Soft Bank. ???
Survivorship bias.
This is a low resolution algorithm guaranteed to fail most people. You are correct though, for someone to go fron normal life savings to rich betting the farm on one risk exposure is a strategy. We have a pat.net contributor doing that w weed stocks now.
Rin saysThat's fashion statement stuff, like paying $400 vs $200 for a pair of shoes.
Welcome to the world of Tesla owners!
They need to turn consitently profitable soon without accounting gimmicks.
Strategist saysTesla isn't a car. It's a spaceship from the future.
This is sounding like my dad's geriatric DeLorean fans talking. And yes, those did look like spaceships which is why Doc Brown put his flux capacitor in one and the kid back in the 1950s thought there was an alien invasion.
bill saysI kinda agree with Warren Buffett when he says Apple should not buy TSLA. Warren is not always correct, but I believe him when he says everybody and his dog will make an electric car. Also, the self-driving car will mean that fewer cars are sold. One car will be able to serve 5 people. I don't own a car anymore. I use UBER and trains and busses and maybe I'll try a LIME (maybe NOT!). And, added hazard, you gotta realize Chinese competition will be fast and ferocious. SAIC BAIC BYD all have better financials than Tesla....
@Rin,
Thanks for the link. Ted Kennedy's wife rented an Aston Martin for a weekend to fulfill his dream? Wow....
A car is a lot more than taking a person from point A to point B. I don't want to be like one of those people who just rents an exotic car on a weekend. I want more than both. I want a car that not only takes me from point A to point B, but a car that I enjoy driving everyday, not just on the weekend. Tesla fits the bill. After 15 months of owning it, the car still puts a smile on my face every time I drive it. What say you @Strategist and @gsr?
E-man saysLife is too short to make small bets - CEO of Soft Bank. ???
Survivorship bias.
This is a low resolution algorithm guaranteed to fail most people. You are correct though, for someone to go fron normal life savings to rich betting the farm on one risk exposure is a strategy.
mell saysThey need to turn consitently profitable soon without accounting gimmicks.
Exactly. He can't make money on the Model 3 at $50K - $60K, but he wants everyone to believe he'll be profitable with $35K Model 3s... because he'll make it up on volume, right Fanboys?
mell saysThey need to turn consitently profitable soon without accounting gimmicks.
Accounting gimmicks? There are huge capital expenditures for building factories and supercharging stations across the country. To be profitable, the company just had to scale back its capital expenditures. Elon already said the company would stay profitable going forward so there's no reason not to believe the man. Watch Tesla will be profitable this 4th quarter again.
A car is a lot more than taking a person from point A to point B.
I want more than both. I want a car that not only takes me from point A to point B, but a car that I enjoy driving everyday, not just on the weekend. Tesla fits the bill. After 15 months of owning it, the car still puts a smile on my face every time I drive it.
E-man saysA car is a lot more than taking a person from point A to point B.
I don't concur because I'm being driven around by livery service and thus, I have a lot more fun eating, drinking, & doing other stuff in my limo than in worrying about the road. Remember, we have bad weather around here, along with crazy drivers.
E-man saysI want more than both. I want a car that not only takes me from point A to point B, but a car that I enjoy driving everyday, not just on the weekend. Tesla fits the bill. After 15 months of owning it, the car still puts a smile on my face every time I drive it.
You said that you've finished working for a living so in effect, you've decided that your retirement is that of a "roadster" but personally, I'd rather be a roadie and be following around rock bands. But since...
Rin saysAnd there's a huge difference between $1K and $50K for the average consumer.
and there's a huge difference between a $60K Model 3 and a $30K Volt, yet they both get you from Point A to B.
Tesla fits the bill. After 15 months of owning it, the car still puts a smile on my face every time I drive it. What say you @Strategist and @gsr?
CBOEtrader saysE-man saysLife is too short to make small bets - CEO of Soft Bank. ???
Survivorship bias.
This is a low resolution algorithm guaranteed to fail most people. You are correct though, for someone to go fron normal life savings to rich betting the farm on one risk exposure is a strategy.
Exactly. The problem is that the winners will always be the singled out story while nobody talks about the losers outnumbering the winners 1:10. I think big bets can work if the you're betting on something that is very likely to turn profitable and mostly debt free going forward, but this was a risky bet. Look at crypto, many put their life savings in it or rode from 500K to millions back to less than 200K. Still it is true that many of those success stories come from big bets while there are more...
anti technology, anti progress, anti visionary friends
In light of that, another luxury automaker influenced by Tesla’s ongoing success is Bentley.
Strategist saysanti technology, anti progress, anti visionary friends
Actually, it's sex robots which will change the world!
Cars, whether they're electric or gas, will be another automated commodity in 15 years, as self-driving tech goes mainstream.
Car on auto pilot. Hot chick in the back seat. Dark windows. What more can you want?
The negative articles on Tesla and Musk that have recently swamped the media are sheer nonsense, most likely funded by those who would be hurt by the end of fossil fuels. Even the SEC probe seems to have an agenda in my opinion. No matter how much Big Oil tries to suffocate electric cars, they cannot and will not succeed. They may have US corrupt politicians in their pockets, but they do not have all the countries determined to end fossil fuels in their pockets.
Lets face it.....New technology that is more efficient, economical, and does more good will always end up replacing old technology that is not needed anymore. Those who are not open to welcoming new technologies are welcome to live like cave men on an island. Who knows, they may even discover fire.
mell saysCBOEtrader saysE-man saysLife is too short to make small bets - CEO of Soft Bank. ???
Survivorship bias.
This is a low resolution algorithm guaranteed to fail most people. You are correct though, for someone to go fron normal life savings to rich betting the farm on one risk exposure is a strategy.
Exactly. The problem is that the winners will always be the singled out story while nobody talks about the losers outnumbering the winners 1:10. I think big bets can work if the you're betting on something that is very likely to turn profitable and mostly debt free going forward, but this was a risky bet. Look at crypto, many put their life savings in it or rode from 500K to millions back to less than 200K. Still it is...
lol make sure you don't get tempted once you sport that body and abs. This is an extremely hard goal to achieve, so kudos. I "just" keep in shape and standing tall but I have found out that even slight muscle tone and workout glow will make women come on strong, so be careful with that marriage!
Still, cellphone .... make that mobile computing, is a viable long term market, which isn't disappearing though it may evolve into clothes, eye wear, upholstery, etc, instead of a handheld device.
In contrast, a car is still just that, a mode of transportation. Ppl needs transportation tools, to get from point A to B, not an expensive toy.
And there's a huge difference between $1K and $50K for the average consumer.
Sounds simple isn't it?
Car on auto pilot. Hot chick in the back seat. Dark windows. What more can you want?
Look at all the money that can be saved by not renting at Motel 666.
Strategist saysCar on auto pilot. Hot chick in the back seat. Dark windows. What more can you want?
Look at all the money that can be saved by not renting at Motel 666.
And the leveling of home prices. A commute of 1-2 hrs each way from Sillycon Valley to Inland Empire would be nothing when one can eat, work out, and sleep in the car during the commute. How then would one justify paying $1mil for a shoebox apartment in the sillycon valley when 1/3 that price can get a house in the location an hour or two away with a yard, to be mowed by a self-driving robot lawn mower.
Guys, what you think my current lifestyle is like, with free livery service? I basically get driven from my home to wherever I want, whenever I want. I listen to a lecture and before I know it, I'd traversed from Boston to Ipswich and I'm nibbling on some fried clams while my driver is then take me to down to Danvers for a slice of Beef Wellington. By the time I'm back home, I had two North Shore specialties while listening to a few lectures and sipping on some gin. If that's not freedom then I don't know what is.
Reality saysStrategist saysCar on auto pilot. Hot chick in the back seat. Dark windows. What more can you want?
Look at all the money that can be saved by not renting at Motel 666.
And the leveling of home prices. A commute of 1-2 hrs each way from Sillycon Valley to Inland Empire would be nothing when one can eat, work out, and sleep in the car during the commute. How then would one justify paying $1mil for a shoebox apartment in the sillycon valley when 1/3 that price can get a house in the location an hour or two away with a yard, to be mowed by a self-driving robot lawn mower.
Pretty good point. Some people could just live in a large RV, and let the Auto Pilot find parking in the outskirts of SF. In the morning while you are getting ready for work, the RV will be heading to your office and drop...
No whore?
« First « Previous Comments 100 - 139 of 327 Next » Last » Search these comments
It's over $300, with a loss of $10/share, but revenue just keeps going up. Hard to figure out what a fair price is since it doesn't make money yet.
How would you come up with a fair price per share?