Aptiv, a supplier to Apple, GM and Tesla had a case and had to shut down causing supply chain issues. So Tesla Shanghai shut down a few days but are now back online, producing both 3 and Y with a single shift of 12h. Second shift hopefully added soon. Exports are still happening. But yeah, Q2 numbers from Shanghai will likely take a hit, how big we will see. My guess is 250-275k total deliveries in Q2 compared to 320-350k without lockdowns. We will see how Shanghai lockdown continues the rest of the year, but one way or another China is in for a year of hurt.

Thanks

"I think it is important to be clear here that Musk is lying. The spam bots are not why he is backing away from the deal, as you can tell from the fact that the spam bots are why he did the deal. He has produced no evidence at all that Twitter’s estimates are wrong, and certainly not that they are materially wrong or made in bad faith. (Musk can only get out of the deal if Twitter's filings are wrong in a way that would cause a “material adverse effect” on Twitter, which is vanishingly unlikely.) "
...
"What has happened in the last three weeks? Well, the prices of tech stocks have gone down, making the $54.20 price that Musk agreed to look a bit rich. (Snap Inc., a social-media competitor to Twitter, is down more than 30% since Musk made his offer on April 13.) And the price of Tesla Inc. stock, which he is relying on to finance part of the purchase price, has also gone down, making him poorer and making the $54.20 price look even more expensive. (Tesla is down almost 30% since he made his offer.) So he is angling to reprice the deal for straightforward market reasons. But that is very clearly not allowed by the merger agreement that he signed: Public-company merger agreements allocate broad market risk to the buyer, and he can’t get out just because stocks went down.

So he is pretending that he wants to reprice the deal for other reasons. He is not pretending very hard — the poop emoji is not going to hold up in court! — but he’s doing enough to confuse the public and give his fans a pretext to believe that he is really the victim here."

Source: https://www.bloomberg.com/opinion/ar...s?srnd=premium

p0 - you know everyone here has access to the internet and twitter? you post "news" stories in every thread like we're living in sub-sahara africa with no access to the outside world.

Everyone here has a paid Bloomberg news subscription and reads it every day and never misses a story that might've interested them if not brought to their attention?

yes, we are all very grateful for your "paid Bloomberg" subscription.

Perfectly reasonable strat, see an opening to get a huge discounts in the Billions. Why not try it

Never ceases to amaze the lengths someone will go through to complain about something that a reasonable person would avoid by simply looking on to the next message without giving it a second thought. Although I have to confess I admire your curmudgeonry. I find it kind of charming, like I do my grandfather.

elon really going to war with democrats now. even bezos has been taking shots at biden

basically everyone with real money is betting on democrat collapse in november something like -100+ house seats and -5 senate

-100 house seats, care to make a wager?

i'd get an escrow as he's a troll account

TSLA not a good buy until it hits 52 wk low @550ish.

I get the liberal cultural cache has faded hard, it isn't cool for bros to be Dem anymore like it was under Obama but is pivoting to GOP really a good move when so many that buy your cars are just virtue signaling coastal elite types? The ones that make 300k a year but are still wearing a mask outside in May 2021?

I tend to think there is some method to his madness but seems risky

(not trying to politard this thread up but given how political Musk has gotten, certainly has to factor into the analysis of the company going forward, especially since so much of TSLA valuation is based on the man himself)

My take is he’s trying to exit Tesla while he still can, he’ll pivot to grifting massive amounts of gov’t money for SpaceX/Boring Company/whatever else he jerks around to under R control in ‘24. Writing is on the wall there and with this sexual harassment story out only makes it make even more sense. Tesla laughably overvalued, market in shambles and competition ramping up, so it’s smart of him. King grifter.

He was trying to get ahead of a sexual assault accusation. Puts looking nice

This dude is losing his mind

Waiting for him to call his female accuser a pedophile.

Nothing helps the bottom line like picking high profile lawsuits to try and crush your enemies.

How much is competition really ramping up? That still seems a solid 3-4 years away before there are as good of options as Tesla

Given so much of TSLA value is based on Musk being the next Bezos and pulling some synergy or other products (Prime, AWS, some type of subscription maintenance plan, self driving cars) out of his ass, wouldn't the stock (and thus his networth) tank hard if he were to step down?

I'm not a big fan of "carnival barker X is playing 4D chess" but I do feel like he's possibly atleast somewhat hashed out his recent PR moves and what it will mean for tesla sales and he finds it to be favorable, who really buys these things? Basically just old millennial/gen X white bro professional types with a few dollars, perhaps that demo isn't as left leaning as it was in say, 2016.

its musk vs. bezos lying rich weasels round 1 i predict musk wins first round tko

There are better options right now in terms of quality, although there are some issues with supply chain/chips affecting the whole sector that may cause delay. My post was unclear too, by exit, I mean try and diversify his insane wealth concentration within TSLA. I don’t think he’ll step down anytime soon unless forced.

Don’t think he’s playing 4D chess either, he’s totally impulsive/unhinged. No shot his current behavior is a net positive for the brand, even if your demographic take was accurate (data shows Tesla owners are majority Democrat although the spread is lower than you might think). California was 40% of Tesla’s domestic sales last year. Majority or not it doesn’t make much sense to alienate a huge portion of your base rather than remaining apolitical from a business standpoint.

He seems to have had another total meltdown today. I certainly feel bad for whatever employee is tasked with reading all the emails to “justice@tesla.com” lol.

Why he isnt a good dude and what classifies as a good dude dude in 2022?

Well, in my posts above I say I'm not sure how big the spread of R/D voters is for Tesla consumers. Why I thought he may have been making a more calculated play.

What is the spread?

Agree with poster above tho, not really trying to spend 60k on a car and have a brick thrown through the window because the CEO on twitter said that abortion is murder or something extremely polarizing.

I would be shorting tesla moved out of the sp 500 all the index funds have to dump it.

no, it moved out of the ESG rankings

doesn't move out of the s&p index, lol...that would be disastrous for sure