Two Plus Two Publishing LLC
Two Plus Two Publishing LLC
 

Go Back   Two Plus Two Poker Forums > >

Notices

Business, Finance, and Investing Making money, investing in markets, and running businesses

Reply
 
Thread Tools Display Modes
Old Today, 12:45 PM   #8026
coordi
Carpal \'Tunnel
 
coordi's Avatar
 
Join Date: May 2007
Location: a bundle of sticks
Posts: 18,812
Re: TSLA showing cracks?

Quote:
Originally Posted by stinkypete View Post
If you think car insurance is so efficient that knowing what the driver is doing 100% of the time adds no edge in a) assessing and b) reducing risk you are nuts.

That is not the reason it would be a terrible idea.
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
coordi is offline   Reply With Quote
Old Today, 12:55 PM   #8027
JKC
journeyman
 
Join Date: Aug 2018
Posts: 234
Re: TSLA showing cracks?

Quote:
Originally Posted by ToothSayer View Post
Why are we talking about insurance? It's all bull****. Like his "million robotaxis in 2020", the cuck is just throwing out nonsense to distract people so they're talking about insurance instead of the disastrous quarter and death of demand. And in this case also trying to get ahead of the horrible insurance situation for people who buy Teslas, which are insanely expensive to repair due to poor design. There's no magic bullet for that.
+1

Who is going to lend tesla the money they will need by end of year?
JKC is offline   Reply With Quote
Old Today, 01:42 PM   #8028
MrFeelNothin
Pooh-Bah
 
MrFeelNothin's Avatar
 
Join Date: Sep 2004
Location: On top of the PAC
Posts: 4,044
Re: TSLA showing cracks?

Quote:
Originally Posted by JKC View Post
+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.
MrFeelNothin is online now   Reply With Quote
Old Today, 01:45 PM   #8029
protonewb
journeyman
 
Join Date: Feb 2017
Posts: 308
Re: TSLA showing cracks?

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

Enjoy the day, shorts!
protonewb is offline   Reply With Quote
Old Today, 01:47 PM   #8030
coordi
Carpal \'Tunnel
 
coordi's Avatar
 
Join Date: May 2007
Location: a bundle of sticks
Posts: 18,812
Re: TSLA showing cracks?

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
coordi is offline   Reply With Quote
Old Today, 01:53 PM   #8031
MrFeelNothin
Pooh-Bah
 
MrFeelNothin's Avatar
 
Join Date: Sep 2004
Location: On top of the PAC
Posts: 4,044
Re: TSLA showing cracks?

All is not well in Storey County: http://thestoreyteller.online/2019/0...ory-expansion/
MrFeelNothin is online now   Reply With Quote
Old Today, 01:54 PM   #8032
protonewb
journeyman
 
Join Date: Feb 2017
Posts: 308
Re: TSLA showing cracks?

Quote:
Originally Posted by coordi View Post
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
Rumor is MS calls start 225ish, below 200 he gets torched.
protonewb is offline   Reply With Quote
Old Today, 01:58 PM   #8033
MrFeelNothin
Pooh-Bah
 
MrFeelNothin's Avatar
 
Join Date: Sep 2004
Location: On top of the PAC
Posts: 4,044
Re: TSLA showing cracks?

Quote:
Originally Posted by protonewb View Post
broke trading range, broke 52wk low, about to break mxwl purchase minimum.

Enjoy the day, shorts!
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?
MrFeelNothin is online now   Reply With Quote
Old Today, 02:01 PM   #8034
ToothSayer
Carpal \'Tunnel
 
ToothSayer's Avatar
 
Join Date: Jul 2015
Location: BFI Thought Leader
Posts: 8,319
Re: TSLA showing cracks?

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.
ToothSayer is offline   Reply With Quote
Old Today, 02:02 PM   #8035
stinkypete
Carpal \'Tunnel
 
stinkypete's Avatar
 
Join Date: Jul 2004
Location: somewhere
Posts: 15,046
Re: TSLA showing cracks?

Quote:
Originally Posted by MrFeelNothin View Post
but my sister commented to me last week, why would anyone buy a Tesla when they might go bankrupt?
Because it's basically crazy to buy any other car but a Tezzla
stinkypete is online now   Reply With Quote
Old Today, 02:15 PM   #8036
ToothSayer
Carpal \'Tunnel
 
ToothSayer's Avatar
 
Join Date: Jul 2015
Location: BFI Thought Leader
Posts: 8,319
Re: TSLA showing cracks?

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.

Last edited by ToothSayer; Today at 02:21 PM.
ToothSayer is offline   Reply With Quote
Old Today, 03:01 PM   #8037
bbfg
Carpal \'Tunnel
 
bbfg's Avatar
 
Join Date: Aug 2009
Posts: 11,590
Re: TSLA showing cracks?

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.
bbfg is offline   Reply With Quote
Old Today, 03:01 PM   #8038
stinkypete
Carpal \'Tunnel
 
stinkypete's Avatar
 
Join Date: Jul 2004
Location: somewhere
Posts: 15,046
Re: TSLA showing cracks?

Quote:
Originally Posted by ToothSayer View Post
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.
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.
stinkypete is online now   Reply With Quote
Old Today, 03:16 PM   #8039
case3
journeyman
 
case3's Avatar
 
Join Date: Jul 2007
Posts: 385
Re: TSLA showing cracks?

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.
case3 is offline   Reply With Quote
Old Today, 03:22 PM   #8040
Didace
Carpal \'Tunnel
 
Didace's Avatar
 
Join Date: Nov 2009
Posts: 14,622
Re: TSLA showing cracks?

Quote:
Originally Posted by bbfg View Post
How heavily regulated are insurance companies in the US?
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.
Didace is offline   Reply With Quote
Old Today, 03:24 PM   #8041
ToothSayer
Carpal \'Tunnel
 
ToothSayer's Avatar
 
Join Date: Jul 2015
Location: BFI Thought Leader
Posts: 8,319
Re: TSLA showing cracks?

"Tesla Care" a la Apple Care. Premium support and service. Not a bad idea for more cash.
ToothSayer is offline   Reply With Quote
Old Today, 03:30 PM   #8042
JKC
journeyman
 
Join Date: Aug 2018
Posts: 234
Re: TSLA showing cracks?

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

https://youtu.be/dCSlQyNnxqs?t=2655
JKC is offline   Reply With Quote
Old Today, 03:30 PM   #8043
MrFeelNothin
Pooh-Bah
 
MrFeelNothin's Avatar
 
Join Date: Sep 2004
Location: On top of the PAC
Posts: 4,044
Re: TSLA showing cracks?

Quote:
Originally Posted by case3 View Post
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.

Could be why Tesla moved on skabooshka. If they idle the factory they will want to keep it quiet.
MrFeelNothin is online now   Reply With Quote
Old Today, 03:39 PM   #8044
MrFeelNothin
Pooh-Bah
 
MrFeelNothin's Avatar
 
Join Date: Sep 2004
Location: On top of the PAC
Posts: 4,044
Re: TSLA showing cracks?

Quote:
Originally Posted by MrFeelNothin View Post
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.
MrFeelNothin is online now   Reply With Quote
Old Today, 04:16 PM   #8045
NLSoldier
Carpal \'Tunnel
 
NLSoldier's Avatar
 
Join Date: Feb 2004
Location: Hello Ted
Posts: 24,007
Re: TSLA showing cracks?

Poker friend hit the median today when his "autopilot" failed.
NLSoldier is offline   Reply With Quote
Old Today, 04:20 PM   #8046
MrFeelNothin
Pooh-Bah
 
MrFeelNothin's Avatar
 
Join Date: Sep 2004
Location: On top of the PAC
Posts: 4,044
Re: TSLA showing cracks?

Friends don't let friends drive Teslas.

Did he also experience a "whompy wheel?"
MrFeelNothin is online now   Reply With Quote
Old Today, 04:37 PM   #8047
protonewb
journeyman
 
Join Date: Feb 2017
Posts: 308
Re: TSLA showing cracks?

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

Hope he's ok and can wait 6months for parts...
protonewb is offline   Reply With Quote
Old Today, 04:42 PM   #8048
NLSoldier
Carpal \'Tunnel
 
NLSoldier's Avatar
 
Join Date: Feb 2004
Location: Hello Ted
Posts: 24,007
Re: TSLA showing cracks?

He's ok. Unsure on whompy wheel.
NLSoldier is offline   Reply With Quote

Reply
      

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Forum Jump


All times are GMT -4. The time now is 04:46 PM.


Powered by vBulletin®
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Copyright 2008-2017, Two Plus Two Interactive
 
 
Poker Players - Streaming Live Online