Those cars don't drive themselves...a car crash?
people die in cars crash by the thousands every day.
Those cars don't drive themselves...a car crash?
people die in cars crash by the thousands every day.
Key thing here is that Tesla will have a much harder time floating convertible bonds.
Up until now, they could sell that like candy because investors were looking at potentially enormous gains due to stock share upside.
Right now, that's looking much, much less possible.
I hope all our bigshot corporate financiers of ERA and other genius investors who are short TSLA plan to stay in short through the rest of 2018. The bankruptcy of Tesla is imminent! It's going to happen any day now!
I'll never get the cheerleader squad for a billionaire who's most successful and functional product is... paypal. Dude can't make enough cars or get his rockets to stop blowing up, but Musk has a hell of a knack for convincing people he's a messiah instead of a huckster
see? they just come out of the woodwork to mindlessly condescend and defend their Benevolent Billionaire God King. "His flagship product looks pretty good, except he can't actually make any."You don't know anything, do you? I have homework for you: find how many successful launches SpaceX has had. That's not to mention that the Model 3 seems to be a success in pretty much every way, except quick manufacturing which should be addressed at some point.
Is this parodyI'll never get the cheerleader squad for a billionaire who's most successful and functional product is... paypal. Dude can't make enough cars or get his rockets to stop blowing up, but Musk has a hell of a knack for convincing people he's a messiah instead of a huckster
see? they just come out of the woodwork to mindlessly condescend and defend their Benevolent Billionaire God King. "His flagship product looks pretty good, except he can't actually make any."
Dude can't make enough cars or get his rockets to stop blowing up
see? they just come out of the woodwork to mindlessly condescend and defend their Benevolent Billionaire God King. "His flagship product looks pretty good, except he can't actually make any."
Few CEOs divide the stock market quite like Elon Musk.
On one side are the believers, steadfast bulls who think Musk's Tesla Inc. will make them rich even though, right now, it looks like a money pit.
On the other are the unbelievers, a hardcore legion of shorts who insist financial reality will eventually catch up with Musk and his company.
Taking a free shot at a dumb tweet from the Economist is now "pumping up your own stock". OkThere are a lot of ethical issues pumping your own stock on Twitter...
The biggest thing I'm surprised by is that the bigger companies haven't buried Tesla yet. They should be able to offer comparable tech, style and software but with real manufacturing prowess given all the money they have. I know the Leaf does well, I see a decent number of i3 models on the road but I'm surprised it's this slow going
I hope all our bigshot corporate financiers of ERA and other genius investors who are short TSLA plan to stay in short through the rest of 2018. The bankruptcy of Tesla is imminent! It's going to happen any day now!
There are a lot of ethical issues pumping your own stock on Twitter...
Vaguely? It is to a T. And the market reacted postively to it. Whew, who needs to meet production quotas when your some of your investors are idiots.
Vaguely? It is to a T. And the market reacted postively to it. Whew, who needs to meet production quotas when your some of your investors are idiots.
Uh...why shouldn't a profitable q3 and q4 cause the price to rise?
The company that Elon Musk built to usher in the electric-car future might not have enough cash to make it through the calendar year.
The anxieties that lurk beneath the tremendous ambition of Tesla Inc. moved into the forefront in recent weeks. The company again fell far short of its own production targets for the mass-market Model 3 sedan, another person died in a crashinvolving its assisted-driving feature and Musk entered into a public dispute with federal safety regulators. Tesla's once high-flying stock, buffeted by a downgrade from credit analysts, has dropped 24 percent from its peak in September.
There's a good reason to worry: No one has raised or spent money the way Elon Musk has. Nor has any other chief executive officer of a public company made a bankruptcy joke on Twitter at a time when so much seemed to be unraveling.
Tesla is going through money so fast that, without additional financing, there is now a genuine risk that the 15-year-old company could run out of cash in 2018. The company burns through more than $6,500 every minute, according to data compiled by Bloomberg. Free cash flow—the amount of cash a company generates after accounting for capital expenditures—has been negative for five consecutive quarters. That will be a key figure to watch when Tesla reports earnings May 2.
Taking a free shot at a dumb tweet from the Economist is now "pumping up your own stock". Ok
Vaguely? It is to a T. And the market reacted postively to it. Whew, who needs to meet production quotas when your some of your investors are idiots.
I mean their real cash burn is double what it was last year for the quarter without meeting production goals. Good luck smoothing that over when you declared you'd be profitable Q3 and Q4.
Apparently the earnings call is not going so well, as Elon is getting flippant with analysts and their questions.
Tangentially related, not sure how this got missed in today's news cycle, but Tesla is being sued by Nikola Motors for their electric semi designs. I'd normally be skeptical... but take a look at the image of the semi in some of Tesla's own promotional images:
https://mobilesyrup.com/2018/05/02/nikola-motors-suing-tesla-2-billion-patent/
The front ends on the trucks are completely different and that is not Tesla's image (read the article you linked again), it is from an "online publication." If anything led to confusion for the "online publication" it is Nikola motors name being a play on Tesla's name more than the similarity of the trucks.
Tangentially related, not sure how this got missed in today's news cycle, but Tesla is being sued by Nikola Motors for their electric semi designs. I'd normally be skeptical... but take a look at the image of the semi in some of Tesla's own promotional images:
https://mobilesyrup.com/2018/05/02/nikola-motors-suing-tesla-2-billion-patent/
Did anyone listen to the earnings call? It was fucking bizzare. He dodged all the hard questions by calling it boring and dry.
This guy was unhinged
Very sincere and extremely important questions asked and this deranged lunatic goes like:
Feel bad for anyone trusting him with their money.
I also loved how he downplayed the truck and said they aren't even thinking about it....yet you've started taking money?
Dude sounds like my 8 year nephew when he has to do homeworkVery sincere and extremely important questions asked and this deranged lunatic goes like:
Feel bad for anyone trusting him with their money.
I also loved how he downplayed the truck and said they aren't even thinking about it....yet you've started taking money?
Very sincere and extremely important questions asked and this deranged lunatic goes like:
Feel bad for anyone trusting him with their money.
I also loved how he downplayed the truck and said they aren't even thinking about it....yet you've started taking money?
Tesla are built like shitI love how when somebody dies in a Tesla it's a "Tesla crash." I never hear "Ford crash" or "Toyota crash" being used.