Spain is a tiny market for Tesla. Don't know if you can draw many conclusions from that size of sample.

Netherlands was surprisingly strong at the end of Q2 as well. I do think part of it is that Norway's importance as a market will gradually fade as EV adoption increases since the country is just so small. (Netherlands 3x as big.) Not only is Norway's EV market saturated but Tesla seems to be struggling with brand reputation there- maybe moreso than other countries since they've been present there longer and EVs as a whole are not a novelty.

Although Netherlands got rid of their subsidies for luxury cars at end of 2018 which killed the S/X (along with channel stuffing) there are still a number of huge incentives to buying EVs there especially in the cities. Also I haven't seen bad press coming out of Netherlands as I have in the other European countries. It may be that Tesla has a better customer support network there being that it is their European HQ and the country is small in area so easy to get to service centers and chargers. Also no extreme weather which seems to cause problems with subpar paint and glass.

Ultimately I think the Netherlands is more of an outlier than Norway although the truth is somewhere in the middle.

i believe the geniuses itt can guess what i sold the butterflys for (to the penny)

this is funny

https://twitter.com/Hipster_Trader/s...05767039442945

When should we expect updates on deliveries etc? I think this stock is going to have a slow bleed unless something pumps it. Its sad that Musk's twitter got neutered

https://finance.yahoo.com/news/elon-...174859209.html

ARK Investments analyst:

• bear case: Tesla loses 2/3 market share (assumes FSD does not happen, just an EV player), stock price $500 - $700
• bull case: Tesla loses 1/3 market share (if FSD, stock price $4000-$6000)
• Tesla 3 years ahead on battery tech
• Tesla 3 years ahead on autonomous data
• Tesla 3 years ahead on autonomous hardware
• The "Tesla killers" are years behind
• Predicts robotaxi won't happen until 2021 because need more miles to convince regulators
• not too focused on quarterly results and deliveries, doesn't change 5 year timeline
• no other company has scale of Tesla

I still have the same opinion on driving automatic vs manual. Manual lets me play with the stick resulting in not getting tired on long trips (or less tired). I completely agree that auto driving which still requires supervision is a recipe for disaster, but maybe I'm a nit.

Haven't had time to dig deep yet. 1 is weird (are they slowing down capex since they know demand isn't strong)?

2 & 3 could be standard. When I have time I'll look at WC of some competitors, I'm actually interested whether Tesla's WC & WC volatility is in line with peers.

Of course 1 quarter of FCF isn't worth a lot, but deff buys them more time. It is quite funny that they raised when they did when you look at the figures of this quarter. Raise timing makes no sense, but I guess that's no surprise with Musk & kid CFO in charge.

I think you linked the wrong article . Looks like Ark Invest has $6,6b AUM, I assume they are 100% Tesla if this is their opinion?

Lol at presenting ARK analysis

you should read up on the threads when ark published their tesla model to twitter a few months ago.
fun times.

ARK's entire schtick is outrageous price targets. They do the same for all their holdings.

The outlandishly high targets get them on CNBC which gets them clients.

This company? Yeah we had a great laugh about their model some pages back. Writing down 19,000,000,000 in costs as 19,000 is something anyone could do!


Got to give despacito some credit. The dude has recognized how badly he hurts his own cause when he says anything, so he's reduced to finding and posting the most absurd bull case he can find and not even linking it properly, as if this is some Twitter Tesla spam account (they have a large social media team) and not 2p2.

Here's the interview

Yeah that's the idiot who put $19,000,000,000 as $19,000 in her model, thanks for posting, that's funny stuff.

I thought she was just using the price target for shameless publicity for her firm, but when you have to make massive embarrassing errors in your model, idiot is far more likely.

I feel bad for Tasha.

Cathie cons her employees as much as her investors. She hires very young people with little experience based on hype about the future and operating a "disruptive" fund focused on innovation. Their edge would be seeing future growth where the old dinosaurs were missing it.

After going down that road I wonder if there is any way out or if Tasha torpedoed her entire career.

Cathie knows exactly what she is doing and she knows how it ends.

100% false. I don't have a cause and am not expressing an opinion about how the stock will behave.

Also, posting an interview doesn't mean I endorse what is said. Obviously. Do you really need that to be spelled out?

(I do not have a $6,000 price target on TSLA)

Cathie managed $5B at Alliance Bernstein, do you know how she performed?

Tasha didn't make sense to me: perfect poise, hair, smile, etc.. Then I noticed 6 piercings in one ear.

You really think this flies? You post Musk quotes/pumps and the most insanely bullish takes you can find, spam-like without commentary, then sophist away (in the most embarrassingly stupid way) any criticism.
What does that have to do with anything?
There's that embarrassingly stupid sophistry again.

Ignoring you != sophistry buddy.

Like I said, Cathie knows exactly what she is doing.

Decapito is trolling...

If you think so, please show me a Musk led company that has failed.

Paypal = $135B market cap. SpaceX is dominating rocket R&D. Open AI beat the world's best human players at DOTA.

How do you convince yourself he's not a winner?

Not trolling. Astroturfing.

There is a difference. Trolls you just troll back. Astroturfers you need to ignore.

Yes I was wrong on a forward looking statement about FSD. You were wrong on a forward looking statement on Apple Project Titan. Bla bla bla. So boring...

Fwiw I am not even down on my investment on Tesla and not sure why that would be relevant.

My point is that I will not be convinced by arguments such as ”you are conned”, ”you are a cuck”, ”elon is a liar and a fraud”. With concrete I mean to single out a statement, give relevant links/data around/arguments around it and let those speak for themselves.



I will leave you guys alone again. Feel’s like every time I come back I am faced with personal attacks and rude language with very little new information to be learnt.

“Great minds discuss ideas; average minds discuss events; small minds discuss people.” — Eleanor Roosevelt

I have crushed you on Tesla progress projections, especially around FSD which you claim is your expertise. Now you dishonestly pretend it's one for one.
Anyone who wasn't completely insane realized that

a) Musk was lying about $420 funding secured
b) This meant the business was not in a good way

You did not realize that - you fully believed in Elon - and held through -50%. What does that say about your ability to discern truth from fiction when it comes to Elon statements?

I have extensively posted evidence and arguments why Tesla are nowhere on FSD and have a horrible strategy. There is pages of detailed evidence and reasoning. You ignore all that - because it's devastating to your case - and post links and youtubes once again to the dumbest Elon frauds - as dumb as $420 funding secured. Why do you do this if you're here to discuss evidence and arguments? Your own actions show you could not give a crap about evidence and arguments...for you it's about deep belief in Elon and his next donkey carrot.

You did the same thing last time on FSD. I extensively documented the horrible state of autopilot code which proved they were many years away from any kind of meaningful improvement - let alone level 3/4 - and you ignored it all to focus on your trust in Elon. You're so unselfaware you can't even recognize what you're doing. It's quite amazing.
This is so pathetic. It's you who has blind irrational trust in Elon (a person) rather than actually looking at the hard evidence which has been amply presented.

"Great minds look at evidence and logic, average minds look at events, small minds have blind trust in what their heroes tell them"

Thanks for sharing your perspective. How dependent on FSD do you think Tesla’s success is? Putting FSD aside, how bullish are you on Tesla as an auto manufacturer? I struggle to understand that aspect of the bull case.

I think we are going to settle into the ~215 channel that it stuck in for a couple of weeks before the record deliveries pop. This ER Was a happy middle between last quarter and q3 '18

I don't understand how it's not down big again today. Maybe Q3 will finally open eyes.

My (probably ignorant) opinion is if they don't solve autonomous driving they are bankrupt within 3 years, potentially just one year.

Why would it be down big? Shorts are maxed out. It's longs who drive the action. You got to look at it from the perspective of the bulls.

- 600m FCF
- $5 billion cash on hand (minus huge payables but that's irrelevant)
- Record deliveries in a seasonally slow quarter
- Musk claims July is tracking ahead of Q2's April, and he expects acceleration

All this creates a picture of: Tesla has enough time and money to survive for quite a while in the absolute worst case. Demand is not dead as stoked by Q1 fears (they don't follow the daily updates, which is why the cucks held/bought at $300 as we were posting here it was clear that demand was ****ed in Q1 and the stock was about to crater).

Then on top of that stability/time to wait/good-enough demand you have:

- China factory built out and lines going in; bull**** (but not to the bulls) leaks of the first cars rolling off the line in November
- FSD coming next year - if it's not autonomous robotaxis then at least a big upgrade which will drive sales
- Other exciting developments next year like Y (which has 3x the addressable market of X).

On top of that you have

- Stock is down a truckload from highs and another 13% on top just recently
- Market is going through all time highs and looks like it will never go down

So worst and near-future fears gone, carrots for the donkeys, and a stock that's a lot cheaper than it has been for years. It's a fairly attractive setup for a bull mind, and certainly not a sell to them.