So one of China's biggest companies takes a 5% stake in Tesla, nothing to see here... Thread needs more handwaving from TS about big autos capital and something something supply chain.

The cucks always get noisy when it runs up...ghost town when it dropped to $180 or $150 and they should have been buying...that's how you know they're clueless.

As for Tencent, they buy all kinds of ****. Part of it is to try and get a foothold into various companies so the Chinese government can steal their knowhow. Part of it is simply a scatter shot on an emerging industry. They also invested in NextEV - did you know that? Tesla's competitor.

I'm sure in your weird little fan world that's bullish for Tesla too.

Yeah, my entire long position was accumulated under $200, the biggest part is in j18 bought in December before the run up, i even posted at least one of those entries on here, possibly more, not sure as i don't have time to post very often in general.

Fantastic. Hope you're selling at these highs, and not drinking the koolaid too much. Just remember, you could have gotten out at $277.

Would like to hold for long term cap gain status, but if model 3 ramp shows signs of major problems, would bail and wait for possible re-entry at another point.

You know someone is smart and knowledgeable when the term 'cuck' is a major part of their vocabulary

Or when they tell you how smart they/stupid you are (especially on such a prestigious forum with amazing posters like 2+2)...

The bull case goes like this:

Old bear case:
Tesla is doing a rather large investment for getting Model 3 production running at large scale. So large that some bears say that Tesla could go broke before they could mass produce Model 3.

Now:
Tencent has a lot of capital and are now heavily invested. If Tesla is running out of cash before Model 3 starts bringing in cash they would likely just invest more to give Tesla more time.

Conclusion: There is now lower probability for one of the bear cases.

Tencent's holding company is investing billions of dollars of new cash from WeChat (and associated services), Riot (LoL money printing) every year.

Out of sheer necessity they pretty much have to invest in every industry.

https://electrek.co/2017/03/29/tesla...osteer-summon/

I assume that this calibration is for the new cameras that the software now has access to. A guess, maybe they went from 1 to 4 cameras?


Also they introduced a sketch app:
https://electrek.co/2017/03/29/tesla...ate-sketchpad/

The "only one camera turned on" is just bull**** to distract *cough*cucks*cough*. It leaves idiots with anticipation that it's going to get better quickly. That there's a "technical reason" or Tesla caution why they're not putting everything on at once, and once they turn the cameras on, things will get golden fast. It also provides a plausible counterpoint

It's pure bull****. The reality is that leaving MobileEye set their development to scratch, and they're desperately scrambling to put together an even slightly usable AP (let alone AP1 equivalent which they promised months ago).

Be a Tesla bull all you like. But don't be a ****ing idiot. You're getting played by nerd-Trump.

AP2 users reports are coming in and nearly everyone is saying this latest update brings driver assist parity relative to AP1. Which means in a matter of months Telsa replaced and in housed the mobileye based system, and AP2 is getting significantly better every month.

With a large team, they got to your (claimed - it's still dangerous and crazy if you read the forums) parity three months (100%) behind the promised schedule (late December). Tesla had been working on their in house for a long time before last July (9 months ago), when they split with MobileEye.

[quote]The breakup was first announced in July, when Mobileye said its cooperation with Tesla wouldn’t extend beyond the EyeQ3 product./quote]

It's a disaster however you try to spin it. Musk's timelines are pure bull****.

I do follow tesla forums closely and am not seeing the current 8.1 updated system as being called dangerous when used appropriately. I'm seeing a lot of people very impressed with 8.1 and how quickly AP2 is improving with last two updates.

Tesla never guaranteed parity by December, it was a ambitious goal to aim for, if you read the forums most owners were perfectly fine with it taking a few months longer as long as regular progress and updates were given. Which is what Elon did on twitter.

https://electrek.co/2017/03/30/tesla...fornia-edison/
Pretty decent order...

It's all just bull****. Take the Australian PR that Musk did. 100 MWh won't make a lick of difference to the power crisis in Southern Australia (incidentally caused by the same environment and grid ruining green power that Musk et al are championing).

It's all a PR stunt.

As for California, they have a renewable energy target, which is ridiculously large, so it's basically more government subsidy, as he relied on for SCTY before the company started going bankrupt and he had Tesla shareholders soak up the debts. Thankfully, Trump will be winding as much of this back as he can, helping the environment and the economy at the same time.

There's little commercial demand for this stuff on a large scale outside of the few spots where ridiculous government regulations/huge subsidies are in place.

I will say one thing for Elon, he may not be as smart as Trump, but he might eclipse him in PR....the guy is a PR master.

So selling $200 million worth of product is just a PR stunt?

I think a year or two ago I said that Tesla does have a lead in battery technology but that is not a serious competitive advantage in EVs.

1 or 2 generation (5~15% advantage in capacity/costs) lead however is enough to allow Tesla to dominate utility scale battery storage, assuming battery tech stays on the lithium path (as seems likely for now)

I still think solar/battery combo is a dead end. But we won't reach the dead end for another decade or two.

Making history in the aerospace industry yesterday was also probably just a PR stunt.

SpaceX makes aerospace history with successful launch and landing of a used rocket

I was referencing the other comments in that article.

And yes, this was a PR stunt too. Over a year ago they signed with this company for 500 MWh, to great fanfare. This is just part of that order being filled.

I'm not going to look back to see but I'm guessing that if you posted back when they signed the deal, over a year ago, you probably said the deal was nothing but a PR stunt and that they'd never actually deliver.

Now that they're actually filling the order and generating 200m in revenue it's just another PR stunt?

Is there any part of selling 200m worth of product that isn't just a PR stunt?

I've repeatedly said that Musk's SpaceX work is impressive. He has a decent shot at very small industries where there's no commercial viability apart from government handouts. He's a mid level engineer who likes to use government money to take out-of-the-box shots in areas with no commercial competitors.

This is why he has done ok in space (no meaningful competition, massive government subsidies), solar (massive massive government subsidies, and lease program that has lost of money, so much that it was going bankrupt if Musk didn't force Tesla shareholders to bail him out), and electric cars so far (there was no point in 2015 for car companies to lose a fortune per car (in investor's money) like Musk is doing).

Musk has never competed successfully in anything that's commercially viable. That should scare you a little. He's basically the sucked the teet of billions in government subsidies. The man is a clown who can't survive in the real world, as you'll discover that when battery costs drop far enough (next few years), that the majors can start producing electric cars for a profit.

The videos of AP2 are unreal


How on earth was that allowed to be released to the public

Because Musk is a crazy cowboy who promised something that's now months late and still far behind, and has no problem killing people in order to advance his interests/protect his lies.

Because it isn't dangerous when used as directed. I could take videos of my 16' TACC system doing incredibly dangerous stuff but it is perfectly safe when used as directed . And with the latest update AP2 has already reached parity with AP1, impressive considering they eliminated mobileye's contribution only months ago. And remember people like TS were saying AP1 was incredibly dangerous and NHTSA was going to smack them down, then NHTSA came out and cleared Tesla and said the data on AP1 shows that it reduced serious accidents by 40%. Elon's aggressive approach towards driver assist advancement is going to net save 1000s of lives and it is not even close.