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How long until Tesla stock crashes?

Anyone else own a Tesla? Fucking hype over reality.

The shocking financial status of this company cannot be overstated, with a $1B+ yearly burn rate. Zero profit, and no credible plan to ever become profitable.

When will the carnage begin?

by Anonymousreply 39Last Monday at 10:49 PM

Are the cars themselves actually good?

by Anonymousreply 112/04/2017

OP smells like a short getting burned. Yum.

by Anonymousreply 212/04/2017

It may not crash; it could explode!

by Anonymousreply 312/04/2017

I like Tesla. Tesla stock, I mean.

by Anonymousreply 412/04/2017

Let me guess: OP is the resident Idiot Libertarian Troll who has started multiple threads on Tesla and Elon Musk in the past?

by Anonymousreply 512/04/2017

Well if the Westport/Stamford/Greenwich area is any indication, Tesla is doing a booming business. They're everywhere

by Anonymousreply 612/04/2017

They’re ready to release self-driving long-distance tractor trailer trucks.

It was on CBS Sunday, Sunday.

by Anonymousreply 712/04/2017

They delivered 345 cars of their new “downscale” model in November (estimated- Unlike traditional carmakers they don’t release their monthly sales until their quarterly report) while Chevy Volt sold nearly 3,000.

Not short yet. But I’ve got the cash poised for a 90% drop.

by Anonymousreply 812/04/2017

R7

The reporting by the group of physicist studying the tesla semi is hysterical.

When math nerds are explaining why your radically inefficient and oversized batteries are incapable of doing what you claim they can do, you should probably listen.

by Anonymousreply 912/04/2017

Amazon didn’t make a profit for over a decade, IIRC, so they have time.

by Anonymousreply 1012/04/2017

[quote]Idiot Libertarian

Redundant

by Anonymousreply 1112/04/2017

Tesla – which lost $619 million in Q3 – delivered only 3,590 vehicles in November in the US, down 18% from a year ago.

There are all kinds of interesting aspects about this.

One: 3,590 vehicles amounts to a market share of only 0.26%, of the 1,393,010 new cars and trucks sold in the US in November. Porsche outsold Tesla by 55% (5,555 new vehicles).

Two: Tesla doesn’t report monthly deliveries. It wants to play with the big boys, but it doesn’t want people to know on a monthly basis just how crummy and by comparison inconsequential its US sales numbers are. Opaque and dedicated to hype, it refuses to disclose how many vehicles it delivered that month in the US. So the industry is estimating Tesla’s monthly US sales.

Tesla discloses unit sales data in its quarterly earnings reports, long after everyone has already forgotten about the months in which they occurred.

Three: So how are Model 3 sales doing? Since Tesla doesn’t disclose its monthly deliveries in the US, the industry is guessing. The assembly line still isn’t working. “Manufacturing bottlenecks,” as Tesla calls it, and “manufacturing hell,” as Elon Musk calls it, rule the day.

In Q3, Tesla delivered 220 handmade Model 3’s. In October, it delivered about 145 handmade units. In November, the assembly line still wasn’t assembling cars. Inside EVs estimates that Tesla delivered a whopping 345 units in November.

Four: This is where hype goes to die. In February 2017, Tesla hyped these Model 3 production numbers for 2017:

Our Model 3 program is on track to start limited vehicle production in July and to steadily ramp production to exceed 5,000 vehicles per week at some point in the fourth quarter and 10,000 vehicles per week at some point in 2018.

November is solidly in the fourth quarter. 5,000 vehicles per week would mean over 20,000 a month. OK, this is November and not December, so maybe 4,000 a week for a total of 16,000. We got 345.

Even if the estimate of 345 is off by 100 units up or down, it doesn’t even matter. And December isn’t looking much better. Because there is still no mass-produced Model 3.

by Anonymousreply 1212/04/2017

Five: The bestselling Model S isn’t best-selling anymore. Inside EVs estimates that Tesla delivered 1,335 Model S in the US. This was far outpaced by the humble Model-3-killer the Chevy Bolt. GM sold 2,987 Bolts in November. Tesla is also estimated to have delivered 1,875 Model X SUVs in the US. It took the Model S and the Model X combined to beat the humble Bolt.

Six: The unglamorous Model-3-killer is number one. The Chevy Bolt faces no “production bottlenecks” and no “manufacturing hell.” It was rolled out gradually, starting in October 2016 in California and Oregon, with other states being added to the distribution plan over time. By August 2017, the Bolt was available in all states. By September, 2,632 Bolts were sold in the US; in October 2,781; and in November 2,987.

The Bolt became the best-selling EV in October and retained that crown in November. Nothing was even close. November was the ninth month in a row of rising sales, as it should be for a brand-new vehicle line. GM has sold 20,070 Bolts so far this year.

Seven: But the Bolt is just a flyspeck for GM. It’s something to build the foundation for a larger shift to EVs. It represented just 1.2% of GM’s total deliveries in the US in November. EVs are still just a niche product. And yet, even this flyspeck crushed every Tesla model without fanfare.

Every automaker is preparing a lineup of EVs. Unlike Tesla, they have their supply chains down pat, and they know how to get their assembly lines to function, and they know how to mass-produce vehicles. There are already about two dozen EV models on the market in the US. Like GM, these automakers are just using their EVs to lay the groundwork for the broader shift.

Tesla has used two years of hype surrounding the Model 3 as a way to boost its share price. This allows it to raise many more billions by selling more ludicrously overpriced shares to gullible investors, and by selling more debt to institutional investors who believe that Tesla’s ability to sell still more ludicrously overpriced shares to gullible retail investors will in effect guarantee the junk-rated debt they just bought. Few companies have ever been able to perform that scheme at this masterful level.

by Anonymousreply 1312/04/2017

OP, this is exactly what they said about Amazon back in the day.

by Anonymousreply 1412/04/2017

R11 = fascist

by Anonymousreply 1512/04/2017

op = Bill Ackman trying to move on.

by Anonymousreply 1612/04/2017

R14

Amazon has a functional product.

Tesla has expensive toys.

by Anonymousreply 1712/04/2017

R17, I have to pipe-in here. Tesla has expensive toys until they get their manufacturing line optimized. Then they will have an electric Car. Do you still have a horse?

by Anonymousreply 1812/04/2017

R17, Amazon was built from the ground up. Initially it only sold books.

by Anonymousreply 1912/04/2017

[quote]Idiot Libertarian

[quote]Redundant

This one is a special kind of stupid, R11. He's been around here for over a decade, posting some of the dumbest drivel you've ever seen. Even for Libertarians, he's in a class by himself.

by Anonymousreply 2012/04/2017

[quote]op = Bill Ackman trying to move on.

Nah, it's just our usual resident Idiot Libertarian Troll, who's got some kind of hate on for Musk. Nobody knows why but he's posted several threads on this over the past year or so.

His reply at r12, by the way, was quoting the linked article. He never has been able to figure out that you need to cite what you're copying and pasting.

by Anonymousreply 2112/04/2017

R19

Are you retarded?

Comparing AMZN to TSLA is laughable

by Anonymousreply 2212/04/2017

[quote][R17], Amazon was built from the ground up. Initially it only sold books.

Now it sells everything.

by Anonymousreply 2312/04/2017

How old are you, r22?

by Anonymousreply 2412/04/2017

The stock market isn't going to crash in Trump's first term. If he chooses not to run again or loses it will definitely crash after 2021 and it may crash during his second term.

by Anonymousreply 2512/04/2017

If he chooses not to run?.. You lost all credibility on that.

by Anonymousreply 2612/04/2017

Tesla stock is up 2.25% today. I know a day doesn’t mean much, but that a big bump, nonetheless.

by Anonymousreply 2712/06/2017

OP, brought to you by the fossil fuel industry.

By mid-century electric cars will be dominate. Almost everyone realizes this. And thanks to Trump and company, China will own this industry.

by Anonymousreply 2812/06/2017

Tesla and Amazon are both executing long-term strategic plans explained by their founding CEOs in earnings calls and shareholder letters. Tesla can withstand years of P&L “failure” while it builds the future of energy and transport infrastructure.

by Anonymousreply 2912/06/2017

R29

Only as long as people keep lending Tesla money. A quarter billion per quarter in cash burn is unsustainable.

They have enough money for eight more months of operations support they need to bag investors for another round.

by Anonymousreply 3012/06/2017

Tesla had a window with the Model 3 to be the star of the EV market, but that time period is closing quickly. The Chevy Bolt is nearing sales of 3,000 units per month, and the next generation Leaf is now being produced in the US with dealerships getting them as early as next month. Early demand was strong, with over 9,000 orders in Europe and Japan in less than two months, which is significant because the Model 3 won't get to those markets for quite some time. I'm not even sure Tesla knows when certain deliveries are going to happen, because as the image below shows, the Model 3 page shows very conflicting information. They failed to update the part below "12-18 months", so how can someone who is reserving a vehicle for delivery a year or more out expect to get it in mid 2018? The only way that happens if is demand completely falls off a cliff.

So is the month of December going to be Tesla's last stand? While it appears regular customers are about to start receiving deliveries, will it be enough progress when Tesla announces its quarterly figures in the first few days of January? With the Bolt selling strong, the Leaf about to go on sale in the US, and a variety of other competitors not too far off, Tesla's window appears to be closing. With cobalt prices and interest rates rising, Tesla's profitability and cash flow concerns will only be heightened.

by Anonymousreply 3112/07/2017

Wow! Up 4.4% today!

by Anonymousreply 32Last Monday at 10:54 AM

Shorties getting nervous.

by Anonymousreply 33Last Monday at 11:03 AM

Tesla is a $cam financed by YOU the tax-slaver. It has made a zillionaire out of the politically well-connected creepy who heads it and it would not even exist were it not for YOU the tax-slaver subsidizing it!

by Anonymousreply 34Last Monday at 11:06 AM

Tesla will tank when Solid-state batteries hit the market in 4/5 years time.

by Anonymousreply 35Last Monday at 11:11 AM

R34 As if we're not subsidizing the oil industry by the trillions! And even the electric car subsidies are going away soon, thanks to the Kochs and all you deplorables who keep those pigs rich for some self-destructive reason. Thanks to China, ICE cars are going away for good.

R35 Nah, that'll give them even greater range and companies are stumbling over themselves ordering their Semis, which only enter producton two years from now. Ain't no one beating Tesla and Panasonic at the battery game.

by Anonymousreply 36Last Monday at 11:21 AM

As if we're not subsidizing the oil industry by the trillions!

How is that?....Please clarify.

by Anonymousreply 37Last Monday at 10:32 PM

R37 - The wars in the Middle East for starters. This is all about keeping the oil flowing.

by Anonymousreply 38Last Monday at 10:43 PM

Well, the only way to stop wars is to cut off the financing, which means ending the Federal government's power to borrow money. Sadly, the USA is controlled by a collectia of satanist criminal conspiracies so this will never happen.

When the people are taxed to pay for wars the wars will stop because the people will not tolerate the drain of their money.

by Anonymousreply 39Last Monday at 10:49 PM
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