Elon Musk

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Reilly

Mountain climber
The Other Monrovia- CA
Apr 5, 2019 - 03:58pm PT
Banksy, all the TSLA bulls are now steers, especially Moosie.
Robb

Social climber
Cat Box
Apr 8, 2019 - 04:53am PT
https://www.latimes.com/business/autos/la-fi-hy-tesla-short-sellers-musk-20190408-story.html
couchmaster

climber
Apr 10, 2019 - 03:37pm PT
Reilly, regarding your April 4th 2019 "The market has spoken" comment 6 days back that included a graphic with a strong drop to $267. Did you see it's still speaking, in fact it closed today at 276.06/share? Some Nomura analyst initiated coverage today with a $300 a share price target. The crazy continues:-) (not for Moose, for him it's "the celebration continues".)

https://www.investors.com/news/technology/tesla-stock-analyst-coverage/?src=A00220&yptr=yahoo

[Click to View Linked Image]
Reilly

Mountain climber
The Other Monrovia- CA
Apr 10, 2019 - 03:39pm PT
Couch, the Kool Aid Krew have a lot of money to waste in dragging out the inevitable.
The shorts will prevail.
monolith

climber
state of being
Apr 12, 2019 - 07:09am PT
Fairings were recovered as well, though after a splashdown instead of the net. They will be reused.
High Fructose Corn Spirit

Gym climber
Apr 12, 2019 - 07:59am PT
Yes, pretty awesome achievement.

That's a lot of control systems science happening at once.
https://www.youtube.com/watch?v=TXMGu2d8c8g

https://twitter.com/i/status/1116553298176118784
High Fructose Corn Spirit

Gym climber
Apr 16, 2019 - 08:24pm PT
Moose, of all things, eh?

Like losing your climbing shoes, your rope, or a sling of cams after a great full-on day of climbing. Sheesh.

...

Edit:

Hey, where'd your post go? re: loss of the core booster. Dang.

I see now. Take care, Moose.
Banks

Trad climber
Santa Monica, CA
Apr 23, 2019 - 02:04pm PT
The Tesla pivot has begun. With demand cratering and its future as an auto maker in peril, Tesla is now a robotaxi startup. According to Musk, a year from now, Tesla will be capable of level 5 autonomy in its cars and expects over a million robotaxis on the roads. This of course is pure fantasy. Can't wait for tomorrow's earnings report.
healyje

Trad climber
Portland, Oregon
Apr 24, 2019 - 03:35am PT
Automobile ownership is in decline overall, all automakers are contemplating robotaxi and sharing biz models.
brotherbbock

climber
So-Cal
Apr 24, 2019 - 07:26am PT
This thread is too political...
Banks

Trad climber
Santa Monica, CA
Apr 24, 2019 - 09:56am PT
Yes, automakers are pursuing robotaxis and ride sharing as part of their business plan. But Musk was just making sh#t up, per usual, on Monday. He's been promising fully autonomous cars for three years now. They have been years behind everyone else in autonomous development and suddenly they are going to leap frog everyone and have Level 5 cars next year? Pure fantasy. It's just another scheme to stoke the hype and get people to pay more money for nothing.
August West

Trad climber
Where the wind blows strange
Apr 24, 2019 - 10:22am PT
^^^

I wish there was a way to bet against Musk on that claim. Sure, you can always short Tesla stock, but you can go broke waiting for market fundamentals to overcome diehard supporters.

A few years ago my co-worker bet me that by the end of 2020, a random person (not a one-off reporter, for instance), would be able to fly into Sacramento airport and take a driverless car (that did not have a human driver ready to take over) to any suburban destination in the city. I'm feeling pretty good that I'm going to win that bet.

I think driverless cars will arrive eventually, but they still have a long way to go before they are deemed safe enough for American streets. I expect China, Japan, and South Korea to have driverless cars long before the US. For legal reasons and consumer acceptance, not technical ones.
Reilly

Mountain climber
The Other Monrovia- CA
Apr 24, 2019 - 10:36am PT
So there have been how many crashes and deaths either due to the autopilot malfunctioning or techno-junkies blindly entrusting their lives to it? Have heard of at least two that suddenly veered across three lanes. Haven’t heard of one with Volvo’s, but then Volvo practically invented auto safety. I have many hundreds of miles using mine and my only complaint is that it is sometimes too cautious, not a bad thing IMHO.


(Reuters) - Tesla Inc on Wednesday reported a $700 million loss for the first quarter and said it would also lose money in the second as it struggled to deliver cars to customers and launched a cheaper version of its Model 3 sedan.

The company said it ended the quarter with just $2.2 billion in cash, after paying off a $920 million convertible bond obligation in March.


Tic-Toc
Ezra Ellis

Trad climber
North wet, and Da souf
Apr 24, 2019 - 04:53pm PT
So Tesla lost 702 million dollars in the first quarter,
They Delivered 63,000 vehicles.
This was short of expectations, and they may need to raise capital soon.
It will be an interesting year at Tesla.

The Tesla koolaid might be a bit bitter soon
Lol
Reilly

Mountain climber
The Other Monrovia- CA
Apr 25, 2019 - 08:34am PT
Tesla’s earnings were a ‘debacle,’ says longtime bull in scorching commentary

Tesla Inc.’s first-quarter earnings and accompanying call with analysts was “one of (the) top debacles we have ever seen,” according to one longtime Tesla bull, who said Thursday he was throwing in the white towel and dropping his buy rating on the stock.
“In our 20 years of covering tech stocks on the Street we view this quarter as one of top debacles we have ever seen while Musk & Co. in an episode out of the Twilight Zone act as if demand and profitability will magically return to the Tesla story,” Ives wrote in a note to investors. “Ultimately we believe the company’s guidance is aggressive and management/board is not taking aggressive enough cost cutting actions and shutting down future endeavors to preserve capital and give a sustained path to profitability for the Street.”

They won’t need anybody to turn out the lights cause the power will already have been cut off.
August West

Trad climber
Where the wind blows strange
Apr 25, 2019 - 10:44am PT
So there have been how many crashes and deaths either due to the autopilot malfunctioning or techno-junkies blindly entrusting their lives to it? Have heard of at least two that suddenly veered across three lanes. Haven’t heard of one with Volvo’s, but then Volvo practically invented auto safety. I have many hundreds of miles using mine and my only complaint is that it is sometimes too cautious, not a bad thing IMHO.

As I mentioned before, the problem is technical. Self driving cars could have an accident death rate that is one-tenth of human drivers, say ~4000 deaths/year instead of ~40,000 deaths/year, and the companies would be bankrupted by lawsuits.

If it is done by a computer, humans expect perfection. Flying is way safer than driving and look how society freaks out about plane crashes. I think self driving cars are going to have the same hurdles.
Banks

Trad climber
Santa Monica, CA
Apr 25, 2019 - 01:03pm PT
Musk wants people to believe that we are on the verge of living like the Jetsons, while in reality we are far far away.

As for the Q1 numbers, Musk is either incompetent, a delusional liar, or both. Back in January, he said he expected a small loss or even a small profit in Q1 with a bit of luck. To have revenue and income crater so badly shows you either have no idea what is going on or you are flat out lying.
seano

Mountain climber
none
Apr 25, 2019 - 01:48pm PT
Flying is way safer than driving and look how society freaks out about plane crashes. I think self driving cars are going to have the same hurdles.
Pretty much. Google/Uber/Tesla are just as freaked out about liability as Boeing/Airbus and the airlines. If you crash your car, it's your fault. If your car crashes itself, it's their fault.
WBraun

climber
Apr 25, 2019 - 04:15pm PT
If your car crashes itself, it's their fault.

Nah ...

They'll just pass the buck down to blame the guy who wrote the code.

Then they'll just break his fingers so he can't write any more code ..... :-)
Reilly

Mountain climber
The Other Monrovia- CA
Apr 25, 2019 - 04:40pm PT
As an aviation ‘fanboi’ with some street cred (if I do say so) a few games are played with aviation safety statistics. They like to tout deaths per X (trillion/billion/million) revenue miles. When seen through that prism the numbers are impressive. When looked at as X/million departures the picture isn’t so rosy. Once the heap gets off the ground and established in cruise flying is very safe, it’s those pesky takeoffs and landings that ruin the party. That is the problem with driving, too, huh? If everybody would stay in their lane and behave at intersections, not to mention obey a few other inconvenient laws, driving could be as safe as flying! I just don’t see how some pencil necked geek can write code to thwart homicidal retards.
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