Every EC from now until BK is going to be epic

If they have such a huge backlog why would they build cars no one ordered yet?

This is manufacturing 101. Try thinking for yourself for once.

Amazing

Listened to a 2 hour podcast about the history of Tesla. According to these guys, Robert Downey Jr actually visited Elon for inspiration while filming the original Iron Man movie! http://www.acquired.fm/episodes/2018...episode-1tesla

asking suppliers for cash https://www.wsj.com/articles/tesla-a...fit-1532301091

God dammit Elon, you are making it really hard for me not to turn my entire portfolio into TSLA puts.

What puts are you in and what reasoning?

Some scenarios:

- They can't get to 5k and can't raise. Here they are BK by Jun 19 puts because they run out of cash, this is the dream setup, 50s payout over 20:1. However, it looks like production numbers are higher than I expected. Skabooshka seems to have an inside source.

-There is a Wells notice for the SCTY or 5k bond scam. Seems thin to be playing this alone on strike/time.

-They continue at 5k, fudge and cheat enough to show some profit. Do a big raise and can last 2 more years. Model 3 demand shows its weakness, they keep bleeding cash and the price tanks. The 2020 200s cover this best, at 30$ they are not cheap but for traders just looking for the closest to a lock is this where you would go?

Bulk are in Jan 2020s and June 2019s, although I have a smattering of earlier time frames as well.

Jan 2020 in case if they somehow survive Q3, Q4 and keep the stock price above $360 to survive the March convertibles. Otherwise I don't see how they survive having to pay 1B in cash to the March convertible holders given their balance sheet.

Getting trashed pre market -4% $301. Musk has the demeanor of a man who knows some bad times are coming. This seems like no brainer short right now.

Begging suppliers for money is totes normal, all car manufacturers do this. Nothing to see here, move along. Look at this shiny pickup truck....

Blockchain announcement coming in 3,2,...

did someone say BLOCKCHAIN???

Mfg 101 is build **** no one wants?

Now, irrespective of what I think the reason is Tesla might have produced those cars.

Are you honestly telling me that car companies are not producing a significant share of their cars without having a buyer? Which subsequently leads to them sitting on inventory that no one buys?

The stupidity of the bears is what makes me such a strong bull.

Manufacturing 101 :
1. Produce cars for which you have no buyer even if you have a backlog of orders and deposits.
2. Approach your suppliers for cash back so you can continue to produce more cars.

Please explain to all of us in this thread how you think car companies operate and how the dealership model works.

Pretty excited for the response to this

Not sure how significant the ask for cash back from suppliers is. We deal alot with Suncor and they are constantly coming back to us for "rebates" after they invariably exceed their shutdown budgets.

WTF? So just because they are a different entity and technically have another risk-reward-profile doesn't deconstruct the entire argument. If some person near Tesla was now founding the TeslaCarLotCompany and buy all the vehicles, would that make it in your head smarter to park the cars there? Your entire ****ing point is just flawed at the base and now you look for a straw man.

Tesla is certainly having liquidity problems, but this is so loltastically normal. With Tesla, everything is a sensation.

See if you are capable of holding these two ideas in your midn simultaneously:

Negotiating with suppliers for rebates is normal business practice.

Negotiating with suppliers for rebates when you are out of cash, leveraged to the hilt, probably have been late on your payments to said suppliers for years, and possibly are unable to raise via equity could be a sign of the beginning of the end.

And who is carrying the liability of holding inventory under this model? Who is responsible for gauging demand and asking for product to deliver?

Can you name the company that decided not to bother with this model? I'll give you a hint, it starts with a T and rhymes with guessla.

Elon contacting montana skeptics boss to get his twitter account deleted after he got doxxed by crazy bulls is just unreal

https://www.zerohedge.com/news/2018-...ritic-complain


Fwiw i used to read all his articles on SA before they got paywalled and his stuff was super well researched. The buffalo factory "contract" and silevo history was amazing

When you personally dox and harass your critics until there are none left, you win! Obviously bullish!