Elon Musk

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August West

Trad climber
Where the wind blows strange
Jun 10, 2018 - 02:33pm PT
Those arenít reservations. They are US deliveries. You really donít know that they are building and delivering almost 5000/week now?

And based on Tesla history, those Model 3s will have more recalls than all the other vehicles you showed on that graph combined.

They are, at most, delivering 5000 prototypes a week.
tooth

Trad climber
B.C.
Jun 10, 2018 - 02:45pm PT
Not from what I have experienced. But certainly the story according to the hyped media to fool the unaware.
tooth

Trad climber
B.C.
Jun 13, 2018 - 08:49am PT
True to Elonís tweet, shorts have lost about two billion so far this month on $TSLA.
MikeL

Social climber
Southern Arizona
Jun 13, 2018 - 07:45pm PT
Tooth: Taking any one piece of the pie out of the story tells you something, but an incomplete part of the puzzle.

Let's look at that.

You did notice, didn't you, that the category presented is almost entirely "electric vehicles?" It's a niche. (It's been made clear from the beginning, that Musk will not make hybrids, which has much better economics, production economies, and surer technologies.) Electric passenger vehicles has been a niche for the last 15 years.

BTW, My research from industry trade rags indicated the claimed sales were reservations. Perhaps you have a more compelling source than Tesla itself.

I applaud innovation when I see it. But in corporate enterprise, it's a two-step dance. One, new product innovation. Two, innovation in production, otherwise called commercialization. The second one is waaayyyy harder. Trust me on this one.

As I think I said above, scale will determine a winner in a heavy capital intensive industry. I grant you that Tesla may be winning in his niche, but until he achieves the kinds of economies developed by truly innovative production capabilities (think Toyota about 15-20 years ago), Tesla will remain a niche player and not be able to become a dominant player in the industry.

There is a long list of one-off innovators who were impressively successful, but very very few who did it twice in a row. Musk is attempting what they would call in hockey a hat trick.

Be well.
Dingus Milktoast

Trad climber
Minister of Moderation, Fatcrackistan
Jun 13, 2018 - 09:49pm PT
So far the Tesla RIF layoffs (9% of employees) are not affecting production workers, as I have family working there. Fingers crossed the company can keep it all together and become successful and profitable.

DMT
MikeL

Social climber
Southern Arizona
Jun 13, 2018 - 10:24pm PT
Yes! In most ways, we all want the company to succeed.
couchmaster

climber
Jun 15, 2018 - 03:39pm PT
Elon Musk news I didn't see posted. Some of it's almost a month old but here ya are:

After ripping the dishonest media on Twitter, Musk said he was going to start a web site to keep a scorecard on truthful vs untruthful reporters and news sites. He was going to call it Pravda but it turned out some Russian folks had that site. He was happy to find that PravDUH was available, so look for Pravduh coming up.

Next: The Boring Company ran into issues on shipping the Flamethrowers noted upthread but deftly renamed them so as to not run a fowl of the law. The newly renamed "NOT A FLAMETHROWER" is now shipping. So look for those to show up at your homes soon kids, and remember, they don't ship with fire extinguishers. The "overpriced" (Musk's exact wording) Boring Company fire extinguishers are available at extra $$$.

Lastly: the name for the Tunnel Boring machine has been determined. The newly named machine, called Godot, (LOL! crap - this stuff is all so funny) is hard at work. https://cleantechnica.com/2017/05/13/elon-musks-boring-machine-electric-sled/
There's a video of the sled which they expect to carry cars at 125 mph underneath cities which is pretty good. Don't watch it if you have seizures. https://www.instagram.com/p/BT_itC8h0Cx/?utm_source=ig_embed



...a fowl...heh...
Reilly

Mountain climber
The Other Monrovia- CA
Jun 15, 2018 - 04:19pm PT
On BBC I heard them talking about the Chicago hole. At its peak it would handle 2000 bodies/hour which is what a decent subway handles in a few minutes. Itís just that subways are for proles and punters and fancy schmancy E ticket tubes are for toffs. I just donít get why all you pinko proles think it is so swell.
moosedrool

climber
Andrzej Citkowicz far away from Poland
Topic Author's Reply - Jun 15, 2018 - 05:56pm PT
My answer is, TSLA $358.

Hows goiní Reilly?

Moose
Reilly

Mountain climber
The Other Monrovia- CA
Jun 15, 2018 - 06:06pm PT
Хорошо! Iím gonna invest in the new electric Zhiguli!
BTW, FYI, Iíve plenty of TSLA stock, I live to yank yer chain. You knew that, right?
Jim Brennan

Trad climber
Jun 15, 2018 - 09:03pm PT
Every automotive investor worth their salt should know the fundamental difference between coolant and Kool - Aid.

Musk inserting his irritation at critics through sarcastic and ironic names for products that are supposed to be taken seriously, leaves a highway sized reason for pause and reflection.

When you are forced to accept that a flamethrower you want to buy is called "not a flamethrower", there is an incredibly large immature elephant in the room that your financial partners may not understand.
Majid_S

Mountain climber
Karkoekstan, Former USSR
Jun 15, 2018 - 09:50pm PT
1000 Tesla employees got emails at 1 Am in the morning to participate in a online meeting, at 8Am the next day, security removed their badges and and let go.


There 155 electric car company of some sort now in silicon valley working on the next cheap electric car and 80% are from China

Tesla will be filling chap 11
moosedrool

climber
Andrzej Citkowicz far away from Poland
Topic Author's Reply - Jun 15, 2018 - 10:29pm PT
Leave my chain alone, Reilly!

Credit: moosedrool

Moosechained
SomebodyAnybody

Big Wall climber
Torrance
Jun 15, 2018 - 10:40pm PT
I saw a Tesla on f#%%ing fire right after work today, flames shooting out of the front wheel well. Santa Monica Blvd and Fairfax.

It seems like that would have to be the battery pack? Either that or they're trying to integrate that Boring Flamethrower rig into the car. Sort it out, Elon.
xCon

Social climber
909
Jun 16, 2018 - 09:51am PT
how much hyperloop could california have bought instead of the train?
Ksolem

Trad climber
Monrovia, California
Jun 16, 2018 - 10:24am PT
Musk has positioned Tesla as a growth company, but he just had to lay off 9% of his employees. That, and the company is having problems with their fundamental task: building cars. Today car makers are enjoying a boom while Tesla is shrinking. I think we're about to see the ideals of the tech world collide head on with the realities of the car making world.

You know the old adage, buy low sell high? Now might be the time to do the latter.
August West

Trad climber
Where the wind blows strange
Jun 16, 2018 - 12:09pm PT
Tesla will be filling chap 11

It is certainly possible Musk runs it into chap 11. I still think it would be a better move to sell it to another car maker before it got to that point. Musk would probably only do that if investors really forced him to, but that could happen.

And even though I think the odds are against him, I don't rule out the possibility that Tesla gets through this rough patch and some day becomes a profitable company.
Reilly

Mountain climber
The Other Monrovia- CA
Jun 16, 2018 - 06:12pm PT
It is certainly possible Musk runs it into chap 11

Possible?

If you retards ever read my posts (and anything else other than The Daily Worker) you would recall that not long ago I posted Teslaís Altman Z-Score, a respected and quite reliable measure of a firmís liklihood to go bankrupt. Solvent firms run in the mid to high 4ís. Anything less than 3 is cause for grave concern. Below 1.8 and itís time to call the undertaker. Teslaís, as of only a few weekís ago, was 1.3!!!!! Glowing press releases and Chairman Musk rants ainít gonna fix that.
SomebodyAnybody

Big Wall climber
Torrance
Jun 16, 2018 - 06:49pm PT
If you fine fellows think I was kidding about the Tesla on fire, here's some video. I knew with the ubiquity of video recording on every cell phone, someone in that crowd would record it:

https://twitter.com/marycmccormack/status/1007831286176571394
T Hocking

Trad climber
Redding, Ca
Jun 16, 2018 - 07:01pm PT
^^^
Yikes!

they're trying to integrate that Boring Flamethrower rig into the car.

That's the new Tesla Barbeque option fer grillin weenies n such on the go. :)

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