Is Tesla just months away from a total collapse?
03-28-18, 09:33 PM
#19
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Agreed that E cars dont really make sense unless we get energy from more renewable energy. But we have to start somewhere and we cant just sit around waiting for something to happen or be in optimal conditions. At least we live in CA where we are a leader in renewable energy sources.
03-28-18, 10:42 PM
#20
Lexus Test Driver
Tesla still has value in its charging network, battery manufacturing, technology and unique design/features etc.
Electric cars will only increase in sales and Tesla still offers the best EVs you can buy.
Plus the brand name is still solid and has a very loyal base.
Q1 sales report on Model3 needs to be strong and stock will go back up.
Electric cars will only increase in sales and Tesla still offers the best EVs you can buy.
Plus the brand name is still solid and has a very loyal base.
Q1 sales report on Model3 needs to be strong and stock will go back up.
03-28-18, 10:53 PM
#21
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Agreed, we have to start somewhere (and I'm glad we have, cleaner planet FTW!).
Not to steer this thread OT, but it's hard for me to imagine existing renewable sources ever supporting 288 million electric cars on the road, as there were registered vehicles in 2016 - and what 288 million+ electric vehicles would look like if we can't figure out another source of electricity (short of figuring out cold fusion).
Not to steer this thread OT, but it's hard for me to imagine existing renewable sources ever supporting 288 million electric cars on the road, as there were registered vehicles in 2016 - and what 288 million+ electric vehicles would look like if we can't figure out another source of electricity (short of figuring out cold fusion).
03-29-18, 07:44 AM
#22
Pole Position
He's just buying existing shares. The company wont get a single penny out of it. Although the value of the shares he just bought may get hurt if Tesla decides to issue a couple of billion new shares. But this being a cult stock, it will skyrocket to $1m per share in no time.
03-29-18, 07:47 AM
#23
Pole Position
I feel like electric vehicles are one of those things that nobody asked for. The amount of pollution from the manufacturing of batteries and electric generation will more than offset the benefits of electrification. Plus, the stress of remembering to plug in the damn car every night or road trip ruined.
03-29-18, 08:06 AM
#24
Lexus Fanatic
I feel like electric vehicles are one of those things that nobody asked for. The amount of pollution from the manufacturing of batteries and electric generation will more than offset the benefits of electrification. Plus, the stress of remembering to plug in the damn car every night or road trip ruined.
Also, it seems we dance around the obvious answer, and that is to conserve energy, possibly carpool (I do use this term when crossing the Hudson river as it saves big bucks on the toll)? lol When gasoline approached $5/gal., nobody even suggested it at least where I live. And for me, $5 is approaching game over for driving. Yet go to Canada, $5 USD per gal is not a lot. Or Europe for that matter.
03-29-18, 08:13 AM
#25
Lexus Fanatic
I have similar concerns, as I posted here, and in adding to your post, in addition to the disposal of all these (and future) batteries. But that discussion is for another thread (OT).
03-29-18, 09:41 AM
#27
Lexus Fanatic
...valid point mr burns - a fund manager shorting a position then going to the press about it would reek of fostering his position, but not sure if he went to MarketWatch or MarketWatch went to him - plus, his position is well established (years) - so who knows there.
To me - based on his stated position (tesla's lacking financial fundamentals) this is a battle between financials and faith. The financials say they will collapse, people's faith in tesla on the other hand, is battling to keep them going. Which will win?
To me - based on his stated position (tesla's lacking financial fundamentals) this is a battle between financials and faith. The financials say they will collapse, people's faith in tesla on the other hand, is battling to keep them going. Which will win?
03-29-18, 10:12 AM
#28
Back in 1982 I joined Apple as a sales guy, calling on the Fortune1000 in SoCal. The Lisa was just about to come out and along with it a new kind of interface (WYSIWYG, black text on white background, trash can icons, etc.) that had been first pioneered by the Xerox Star (it worked but was extremely expensive). Everyone at Apple really, truly, believed we were doing something revolutionary and "insanely great," to use Job's words.
But Lisa was still a $10K machine and while it worked it failed over the next year to gain critical mass. Fortunately, Apple was saved with the Macintosh, a far cheaper approximation of the Lisa. Many people bought into the new interface, and eventually even clunky old Microsoft brought out Windows (of which the first few versions were just horrible).
Now I see something similar with the EV. The electric car concept has been around for a century. The big negatives-- range, cost, and practicality, have been whittled down but still exist. Like my 450h hybrid, initial cost is higher but operating costs are lower. So I don't think "cost" is a big factor any more. But for me the range/practicality is still the tough nut. I don't want to wait an hour or two while I'm on a road trip for the batteries to recharge. And I don't want to fill 'er up every night in my garage with a clunky cable.
But then we have the "faith" factor. People need to believe in something, and for many it's the AGW thing. Fine, not for me, but go for it if you wish. I see faith in the EV/AGW issue as being much more tenuous than what we had in Apple's remarkable new user interface.
I guess one question I would have is how long does Tesla have before they need to raise additional funds from their ardent supporters? And at what point will most of those depositors for the 3 want their money back? And Jobs never made empty promises, something Musk does frequently.
But Lisa was still a $10K machine and while it worked it failed over the next year to gain critical mass. Fortunately, Apple was saved with the Macintosh, a far cheaper approximation of the Lisa. Many people bought into the new interface, and eventually even clunky old Microsoft brought out Windows (of which the first few versions were just horrible).
Now I see something similar with the EV. The electric car concept has been around for a century. The big negatives-- range, cost, and practicality, have been whittled down but still exist. Like my 450h hybrid, initial cost is higher but operating costs are lower. So I don't think "cost" is a big factor any more. But for me the range/practicality is still the tough nut. I don't want to wait an hour or two while I'm on a road trip for the batteries to recharge. And I don't want to fill 'er up every night in my garage with a clunky cable.
But then we have the "faith" factor. People need to believe in something, and for many it's the AGW thing. Fine, not for me, but go for it if you wish. I see faith in the EV/AGW issue as being much more tenuous than what we had in Apple's remarkable new user interface.
I guess one question I would have is how long does Tesla have before they need to raise additional funds from their ardent supporters? And at what point will most of those depositors for the 3 want their money back? And Jobs never made empty promises, something Musk does frequently.
03-29-18, 11:14 AM
#29
Pole Position
What's rather ironic, is there are certain vehicles where imho the driver tends to be overly aggressive--Tesla happens to be one of them.
Also, it seems we dance around the obvious answer, and that is to conserve energy, possibly carpool (I do use this term when crossing the Hudson river as it saves big bucks on the toll)? lol When gasoline approached $5/gal., nobody even suggested it at least where I live. And for me, $5 is approaching game over for driving. Yet go to Canada, $5 USD per gal is not a lot. Or Europe for that matter.
Also, it seems we dance around the obvious answer, and that is to conserve energy, possibly carpool (I do use this term when crossing the Hudson river as it saves big bucks on the toll)? lol When gasoline approached $5/gal., nobody even suggested it at least where I live. And for me, $5 is approaching game over for driving. Yet go to Canada, $5 USD per gal is not a lot. Or Europe for that matter.
03-30-18, 07:31 AM
#30
