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Old 03-12-2019, 06:04 PM   #7476
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Re: TSLA showing cracks?

Both. Putting out the begging bowl for billions means you don't have a viable business model. And there's a lot of reputational and financial risks in underwriting for banks.

I figure Musk needs at least $100 billion in inflowing cash (over and above free cash flow) from somewhere by 2025 if his planned growth trajectory is to continue. The car business is uniquely crazy that way.

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What bank wouldn't love to be involved in a multi-billion dollar equity deal for Tesla if there is demand?
Indeed and what bank wouldn't love to loan money to someone worth $20 billion on paper with the provided security being 4:1 shares of said company? Yet they're refusing to do it for even small amounts. Why? None of this makes any sense.
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Old 03-12-2019, 07:51 PM   #7477
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Re: TSLA showing cracks?

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Originally Posted by MrFeelNothin View Post
Customary. Don't know why SEC even had to ask permission.
I realize that, was going to post the lol tesla reply, itís like a 1L student wrote it
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Old 03-14-2019, 06:53 PM   #7478
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Re: TSLA showing cracks?

Kimbal steps down from CMG board and Elon and kimbal removes from part of BOD lists on Tesla website.....
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Old 03-15-2019, 12:34 AM   #7479
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Re: TSLA showing cracks?

What a clown show:

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Old 03-15-2019, 12:34 AM   #7480
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Re: TSLA showing cracks?

Elon seemed more distracted and stuttered more than usual in the model y livestream, at least compared to the model 3 livestream. Anyone else see it?

I don't want to say he was inebriated, but...
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Old 03-15-2019, 05:29 AM   #7481
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Re: TSLA showing cracks?

At least before when they put the carrot in front of the donkey, it was a fresh carrot. Now they're recycling carrots. This isn't going to end well.
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Old 03-15-2019, 05:53 AM   #7482
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Re: TSLA showing cracks?

This is what literally every car manufacturer in the world does. Are you ****ing stupid? This is the best thing they could do. You are wrong literally every single time when it comes to business decisions.
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Old 03-15-2019, 07:37 AM   #7483
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Re: TSLA showing cracks?

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This is what literally every car manufacturer in the world does. Are you ****ing stupid?
lol?
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This is the best thing they could do.
Really? The "best" thing? Is that why the stock is tanking this morning?

The best thing was to create an aspirational more differentiated car, not a model called "I Can't Believe It's Not A Model 3!".



You can do that while sharing the manufacturing for the entire base and most components.

Given that they're out of cash and most of their talent has quit, I do applaud this move. I predict that Musk will try to move up Y manufacturing on the same lines as Model 3 dies prematurely. It's the move of a desperate, failing cuck (which is why the stock is selling on the announcement), but it's a much better business decision than say, closing all retail stores, canceling all bonuses then reopening them days later. Or dropping the price of your top model $50K overnight.
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You are wrong literally every single time when it comes to business decisions.
Well we already know this isn't true because I said that closing all retail locations was retarded and a sign of cash panic. And Musk reversed that decision very quickly once the lower prices spurred orders. I was also right about mocking Musk's alien dreadnaught plan (the moron nearly destroyed his company trying to automate everything like a nerdy 10 year old because he can't reason and has no engineering sense). I have also been far more correct on autonomous driving progress than Elon Musk by leaps and bounds. So we know that I am a better businessman than your hero, for starters.

I bet you wouldn't be so upset had Musk knocked it out of the park rather than fizzled and died on stage.
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Old 03-15-2019, 07:43 AM   #7484
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Re: TSLA showing cracks?

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This is what literally every car manufacturer in the world does. Are you ****ing stupid? This is the best thing they could do. You are wrong literally every single time when it comes to business decisions.
lol


The ďitís not a deposit itís an orderĒ crowd on twitter is a very special bunch
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Old 03-15-2019, 08:26 AM   #7485
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Re: TSLA showing cracks?

The stock tanking is probably related to the fact that this was less novelty and just boring, but that doesn't make it a bad decision.
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Old 03-15-2019, 08:47 AM   #7486
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Re: TSLA showing cracks?

lol clown show indeed. Cut the back off a M3 and make it look like an SUV...such innovation, wow.
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Old 03-15-2019, 11:14 AM   #7487
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Re: TSLA showing cracks?

Why did you expect this to be an innovation? What did you expect? How much innovation can you include in a <$40k car. Do you know what other car companies are doing?
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Old 03-15-2019, 11:40 AM   #7488
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Re: TSLA showing cracks?

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Why did you expect this to be an innovation? What did you expect? How much innovation can you include in a <$40k car. Do you know what other car companies are doing?
I'm not even sure what Tesla is doing.
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Old 03-15-2019, 12:39 PM   #7489
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Re: TSLA showing cracks?

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The stock tanking is probably related to the fact that this was less novelty and just boring, but that doesn't make it a bad decision.
Stock goes up- nothing else matters. Stock goes down- stock price doesn't matter? So confused.
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Old 03-15-2019, 02:26 PM   #7490
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Re: TSLA showing cracks?

Model Y is revealed and: They don't show the hatch (the most distinguishing element by far), they don't show the 3rd row (folded down for the test drives/shots), there are only 2 on stage and 1 is static (rumored to be a mockup), the VP of engineering quits just before the reveal, no reservations or orders are announced, Tesla asks $2,500 this time, no word on where it will be produced, overall design is a slightly stretched M3 from a company that goes out of its way to add some magic to whatever it sells, Elon effectively skips over talking about it at the reveal, stage lighting is designed to make it impossible to even see, production and availability are given as fuzzy future goals.

Trading wise it is getting very hard to see what could bring it back to the 300s.
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Old 03-15-2019, 02:28 PM   #7491
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Re: TSLA showing cracks?

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Model Y is revealed and: They don't show the hatch (the most distinguishing element by far), they don't show the 3rd row (folded down for the test drives/shots), there are only 2 on stage and 1 is static (rumored to be a mockup), the VP of engineering quits just before the reveal, no reservations or orders are announced, Tesla asks $2,500 this time, no word on where it will be produced, overall design is a slightly stretched M3 from a company that goes out of its way to add some magic to whatever it sells, Elon effectively skips over talking about it at the reveal, stage lighting is designed to make it impossible to even see, production and availability are given as fuzzy future goals.

Trading wise it is getting very hard to see what could bring it back to the 300s.
2B in deposits for the Model Y, courtesy of Curacao, Larry Ellison and whomever else Elon can beg from would jack the stock back up. Basically all in fraud.

I think Elon will do it, or at least try.
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Old 03-15-2019, 02:49 PM   #7492
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Re: TSLA showing cracks?

I hadn't thought of that angle. Fake orders on the M3 are what pushed it into the 300's the first time, maybe he can try again. If he is as boxed in as recent actions make it seem, this is an idea worth keeping open.
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Old 03-15-2019, 03:30 PM   #7493
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Re: TSLA showing cracks?

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Originally Posted by Mori****a System View Post
2B in deposits for the Model Y, courtesy of Curacao, Larry Ellison and whomever else Elon can beg from would jack the stock back up. Basically all in fraud.

I think Elon will do it, or at least try.
So 800,000 deposits? Who would believe that given the tepid response to the unveiling?

He is stuck between a rock and a hard place. Model 3 had people lining up to make deposits. Y excitement is obviously lower plus people wised up to fact that deposits are meaningless and hard to get refunded. So he can't go higher than 500,000. But how to maintain the story with a smaller number?
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Old 03-15-2019, 05:20 PM   #7494
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Re: TSLA showing cracks?

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What a clown show:


https://youtu.be/HW_Rduet230

It's not the same
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Old 03-15-2019, 05:45 PM   #7495
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Re: TSLA showing cracks?

Gene Rayburn first post on 2p2 in the Tesla thread quoting Vanilla Ice. Bankruptcy can't be far away now.
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Old 03-15-2019, 07:15 PM   #7496
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Re: TSLA showing cracks?

If this makes it to sub 230-250 without a BK or any big news how likely is a meltdown? The Q margin call fantasies seemed stretched in the past, but now it doesn't look like any institutions will be able to step in and buy. Once a fall blows through retail clowns (most of whom will be spooked off of a 'buy the dip plan' sub $250) and algos, etc, could there really just be a freefall? Seems odd now for it to stop in the middle: either it stays way up here and the future is endless growth, or Tesla is over.
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Old 03-15-2019, 07:32 PM   #7497
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Re: TSLA showing cracks?

Institutions are dumping on the retail baggies here. 3 to 1 buy to sell ratio on Fidelity on a day the stock is down 5%. Just amazing stuff.
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Old 03-15-2019, 10:04 PM   #7498
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Re: TSLA showing cracks?

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Originally Posted by ToothSayer View Post
Gene Rayburn first post on 2p2 in the Tesla thread quoting Vanilla Ice. Bankruptcy can't be far away now.
I've been waiting these past 7 years for my chance...
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Old 03-16-2019, 06:45 AM   #7499
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Re: TSLA showing cracks?

Pump looks empty now but Elon will come up with something.
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Old 03-16-2019, 09:40 AM   #7500
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Re: TSLA showing cracks?

Delivery numbers are too public, and have been bad - but I expect ol' elon to cook the books on Q1 and turn a slight profit - booking Model Y deposits as revenue will probably be part of it. That should be one of the last pumps.

After Q1 the europe backlog is gone, there is no china backlog, and the US is still barely moving even with price cuts. There is zero reason for this to trade at a multiple of a growth stock.

Once it's below 250, the "range traders" will stop buying. Below 220 or so elon gets margin calls and I think it should be solidly in the 100s after that.
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