My point is that giving up 10-20% commission probably isn't worth the extra % or 2 in margin. Maybe I'm drastically underestimating the edge though

+1

Who is going to lend tesla the money they will need by end of year?

By the end of the year? They will run out by the end of May unless sales pick up.

broke trading range, broke 52wk low, about to break mxwl purchase minimum.

Enjoy the day, shorts!

Stock hit a new 52 week low. Seems like no one is buying the bull****. Logic would say this is a pivotal support level. What are the latest guesses for musk getting margin called

All is not well in Storey County: http://thestoreyteller.online/2019/0...ory-expansion/

Rumor is MS calls start 225ish, below 200 he gets torched.

Elon is quickly finding out that making the stock price Tesla's primary product is as damaging on the way down as it is beneficial on the way up.

Sales are going to be depressed even further this Q as Tesla's previously rosy brand image is damaged by a cratering stock price.

Anecdotally my sister and brother in law should be prime target market for Tesla (DINK, homeowners, environmentally conscious, residents of major city with Tesla presence) but my sister commented to me last week, why would anyone buy a Tesla when they might go bankrupt?

I think more than the stock price, Musk screwed himself hard by not planning for proper service. And taking 65 days to refund. Those stories got around, especially in Europe where they're used to highly efficient BMW, Merc etc service.

Because it's basically crazy to buy any other car but a Tezzla

By the way, something not mentioned is that the deposits number shows basically zero Y reservations. After 400K Model 3 reservations. Although they were claiming 420K reservations even after selling some 6 months ago so who knows if that number was fraud or not.

How heavily regulated are insurance companies in the US? If you believe in the "Musk knows his company will go bankrupt, but he's going to go at it until all the money is gone"-story, insurance would actually be a pretty smart thing to do. The insurance activity will be ~guaranteed cash flow positive for the first x months.

I'm not gonna claim it wasn't fraudulent but there was a completely different level of hype for the Model 3 vs the Y.

It was the first "affordable" Tesla and many of my civilian friends were talking about putting a deposit down, and a few even did. I haven't heard anyone who isn't following the stock closely even mention the Model Y.

Then there's the fact that in the end there was little to no benefit to actually putting the deposit down and that refunds took forever to process.

It's also $2500 now instead of $1000 for initial Model 3 reservations.

Basically these aren't comparable in any way.

Even the most generous tracker participation rate assumptions shows the Y at < 10k (consistent with credible rumours). Releasing this number doesn't change anything fundamentally but would be a good catalyst for mainstream sentiment to shift. In a lot of ways that 420k was Tesla, the story, the dream, etc..

I'm sure people have seen this article https://www.perseid-capital.com/blog...w-analysis-v2/



Sales are pacing sub 60k right now with no levers left aside from outright firesale cuts. I think they might just shut Fremont down and play it off as part of the Robo Taxi pivot.

Very. There is no chance Tesla will offer car insurance. They might try to roll out something they want to call "insurance" but isn't (Auto Pilot!!), but even calling it insurance will get state regulators involved.

"Tesla Care" a la Apple Care. Premium support and service. Not a bad idea for more cash.

https://youtu.be/dCSlQyNnxqs?t=2986

https://youtu.be/dCSlQyNnxqs?t=2655

Could be why Tesla moved on skabooshka. If they idle the factory they will want to keep it quiet.

Not that this would work since the calls are now coming from inside the house.

But it is the type of control Elon as a narcissist thinks he has over the world.

Poker friend hit the median today when his "autopilot" failed.

Friends don't let friends drive Teslas.

Did he also experience a "whompy wheel?"

It looks like a whompy wheel but can't see the whole suspension.

Hope he's ok and can wait 6months for parts...

He's ok. Unsure on whompy wheel.

No, if I buy TSLA it's because TSLA's 70 some k production suggests internally they think there is still demand for their cars and that, minus the 10k in transit to Europe/China, they basically sold all they produced.

I think that's insufficient reason to buy TSLA because Tesla is obviously cannibalizing higher margin models.

If you accept the proposition (I think there are good reasons to) that Tesla actually doesn't have as much demand issue as bears like to believe, you have to conclude Musk is dead serious about pushing out cheap Model 3s to maximize the number of EVs on the road as soon as possible and TSLA profitability is a secondary objective to him.

I am not interested in investing in a company not run for profit.

The fact anyone is talking about robotaxis and insurance is ridiculous

Anything other than auto demand is intentional distraction