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Posted: 5/27/2019 2:08:49 PM EDT
[#1]
Quote HistoryQuoted:
From Elon's leaked email: I'm just going to go ahead and state that I think he's straight up lying about those production numbers. In 1Q19 they were still not making 5k Model 3s per week. I don't believe they've suddenly surged to sustainable 6300/week, nor will they attain 7000/week. When we get Q2 production numbers at the end of June we'll see this was just more of Elon lying to try and juice the stock price. How does anyone still believe a single word that comes out of his mouth? 
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Posted: 5/27/2019 2:23:11 PM EDT
[#2]
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Posted: 5/29/2019 10:52:20 AM EDT
[#3]
How on earth can Tesla make 100,000 cars this quarter? They laid off staff, cut weekend/night work, and they're retooling the production line.
Tesla is rejiggering its Fremont factory to build the Model Y SUV and a Model S refresh. After laying off production staff in January, Tesla's car plant in Fremont, California now makes these cars only in day shifts during the week. There's no weekend or night time production, employees told CNBC. https://www.cnbc.com/2019/05/29/tesla-fremont-factory-prepping-for-model-y-production-model-s-refresh.html |
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Posted: 5/29/2019 10:53:53 AM EDT
[#4]
Erin Schneider has been named Director of the SEC's San Francisco office. She's prosecuted Musk and Elizabeth Holmes (of Theranos).
Plus she's a former PWC auditor. https://www.sec.gov/news/press-release/2019-78 |
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Posted: 5/29/2019 11:53:29 AM EDT
[#5]
Quote HistoryQuoted:
Erin Schneider has been named Director of the SEC's San Francisco office. She's prosecuted Musk and Elizabeth Holmes (of Theranos). Plus she's a former PWC auditor. https://www.sec.gov/news/press-release/2019-78 |
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Posted: 5/30/2019 10:01:21 AM EDT
[#6]
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Posted: 5/31/2019 10:15:18 AM EDT
[#7]
Stock is right around 185 bucks this morning.
This is bad ? |
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Posted: 5/31/2019 10:30:12 AM EDT
[#8]
Quote HistoryQuoted:
Stock is right around 185 bucks this morning. This is bad ? 
It seems that investors are getting a little skeptical of a company that is constantly losing money and borrowing money, and has a CEO with a tendency to lie and make wild promises. |
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Posted: 5/31/2019 10:38:49 AM EDT
[#9]
Quote HistoryQuoted:
Stock is right around 185 bucks this morning. This is bad ? Quote HistoryQuoted:
Stock is right around 185 bucks this morning. This is bad ? https://www.ar15.com/forums/General/Tesla-production-financial-problems-Tesla-raised-another-2B-to-cover-losses/5-2038095/?page=78#i76804685 Quoted:
I bought 180 shares at $308 average today. Quoted:
 Attached FileI will say my Tesla stock went up over 10% today and is up over 50% since I bought it  Attached FileAnd I could sell my Not A Flame Thrower for 4 times what I paid for it on eBay right now so he has my attention |
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Posted: 5/31/2019 11:21:46 AM EDT
[#10]
Quote HistoryQuoted:
If you're one of these two guys, yeah: https://www.ar15.com/forums/General/Tesla-production-financial-problems-Tesla-raised-another-2B-to-cover-losses/5-2038095/?page=78#i76804685 https://www.ar15.com/forums/General/Tesla-production-financial-problems-Tesla-raised-another-2B-to-cover-losses/5-2038095/?page=40#i73856718 Quote HistoryQuoted:
Quoted:
Stock is right around 185 bucks this morning. This is bad ? https://www.ar15.com/forums/General/Tesla-production-financial-problems-Tesla-raised-another-2B-to-cover-losses/5-2038095/?page=78#i76804685 Quoted:
I bought 180 shares at $308 average today. Quoted:
https://www.AR15.Com/media/mediaFiles/58537/6652BD31-6A26-40DE-9EF4-BF8B3C9EFC2A-633291.JPG I will say my Tesla stock went up over 10% today and is up over 50% since I bought it https://www.AR15.Com/media/mediaFiles/58537/E27D0D6C-513B-47CF-A16D-CF0415BD5317-633293.JPG And I could sell my Not A Flame Thrower for 4 times what I paid for it on eBay right now so he has my attention
It’s truly amazing that Elon maintained any credibility at all after that little stunt. The guy who bought the 180 shares is already down about half a Tesla. Selling when you’re down like that, is the hardest thing to do. I hope he’s able too. .......... And, I hope he comes back to give us resolution. |
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Posted: 5/31/2019 1:34:47 PM EDT
[#11]
Quote HistoryQuoted: That bottom thread is interesting. On page 40, we're all discussing "Funding at 420" like it's a real thing.
It's truly amazing that Elon maintained any credibility at all after that little stunt. The guy who bought the 180 shares is already down about half a Tesla. Selling when you're down like that, is the hardest thing to do. I hope he's able too. .......... And, I hope he comes back to give us resolution. Remember these: The stock price was $321 when he made this one:
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Posted: 5/31/2019 1:48:29 PM EDT
[#12]
In addition to the financials, the insiders are voting with their feet.
- Insiders have been selling. Elon Musk is the only insider that's been buying a bit. - Insiders have been leaving the company. Several CFO types have come in, stayed for a month or so, then bailed. |
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Posted: 5/31/2019 2:13:24 PM EDT
[#13]
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Posted: 5/31/2019 4:01:37 PM EDT
[#14]
Quote History |
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Posted: 5/31/2019 5:19:40 PM EDT
[#15]
Actually just had a coworker try to tell me that Tesla has an extensive amount of cash in reserve (without counting the loan Elon just took out), that the amount of debt they are in is "good" and that the only real problem for Tesla is their cars are too good/last too long.
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Posted: 5/31/2019 5:21:16 PM EDT
[#16]
Quote HistoryQuoted:
Actually just had a coworker try to tell me that Tesla has an extensive amount of cash in reserve (without counting the loan Elon just took out), that the amount of debt they are in is "good" and that the only real problem for Tesla is their cars are too good/last too long. Cultists will be cultists |
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Posted: 5/31/2019 5:24:36 PM EDT
[#17]
Quote HistoryQuoted:
Actually just had a coworker try to tell me that Tesla has an extensive amount of cash in reserve (without counting the loan Elon just took out), that the amount of debt they are in is "good" and that the only real problem for Tesla is their cars are too good/last too long. |
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Posted: 5/31/2019 5:24:47 PM EDT
[#18]
Quote HistoryQuoted:
lol Cultists will be cultists Quote HistoryQuoted:
Quoted:
Actually just had a coworker try to tell me that Tesla has an extensive amount of cash in reserve (without counting the loan Elon just took out), that the amount of debt they are in is "good" and that the only real problem for Tesla is their cars are too good/last too long. Cultists will be cultists |
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Posted: 5/31/2019 6:26:11 PM EDT
[#19]
Quote HistoryQuoted:
Actually just had a coworker try to tell me that Tesla has an extensive amount of cash in reserve (without counting the loan Elon just took out), that the amount of debt they are in is "good" and that the only real problem for Tesla is their cars are too good/last too long. To be fair I have a very wealthy programmer friend in CA that has a scary large amount of Tesla stock. |
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Posted: 5/31/2019 6:50:28 PM EDT
[#20]
https://www.washingtonpost.com/business/2018/11/20/short-sellers-are-struggling-their-massive-bet-against-elon-musk-isnt-helping/?noredirect=on
So far, the bet has been mostly a loser, but Spiegel isn’t ready to relent. “I just don’t want it to kill me in the short term,” he says as his eyes toggle between computer screens and a Pomeranian pleading for attention around his ankles.
Spiegel’s small hedge fund, Stanphyl Capital, is part of one of Wall Street’s most aggressive bets against a single company in history. The $10 billion wager has set up a marathon battle between one of Silicon Valley’s most outspoken leaders, Tesla chief executive Elon Musk, and some of Wall Street’s most notorious doomsayers. It comes as many short sellers are struggling. The number of hedge funds focused on betting against companies has fallen by more than half as U.S. markets started a record upswing nearly a decade ago. Since 2013, short-seller campaigns against a company’s stock have lost an average of about 0.5 percent, according to Activist Insight Shorts, a data provider. For those betting against Tesla, the fight has been particularly tough. Musk wields his 23 million Twitter followers against his critics with rapid-fire tweets and commands a loyal group of believers that can frustrate his critics. “These people are much more concerned about profits than what’s best for our children,” Ross Gerber, a Los Angeles investor who backs Tesla, said of short sellers. “Morally speaking, you can short Snapchat all you want. Go short Facebook. Tesla’s whole purpose is to create an electric infrastructure so we can address the issue of climate change.” [Tesla posts a profit after what Musk calls a ‘historic quarter’] The fight has already claimed one casualty. Infamous short seller Andrew Left, who has been a vocal critic of Musk and Tesla for years, relented last month and switched from attacking the company to praising it. “It’s not worth the brain damage. Nobody can change the narrative on this thing,” he said in an interview before announcing his decision. But Spiegel, 57, and many others are still not ready to back down. “I am very patient,” he said. |
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Posted: 6/2/2019 8:23:24 PM EDT
[#21]
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Posted: 6/2/2019 8:25:18 PM EDT
[#22]
Quote History
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Posted: 6/2/2019 8:40:34 PM EDT
[#23]
Quote HistoryQuoted: Elon Musk makes more wild promises about a product that doesn't exist yet. |
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Posted: 6/2/2019 8:45:06 PM EDT
[#24]
Quote HistoryQuoted:
LOL. This will be like the $35k model 3. Quote HistoryQuoted:
Quoted: Elon Musk makes more wild promises about a product that doesn't exist yet.
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Posted: 6/2/2019 8:53:29 PM EDT
[#25]
Quote HistoryQuoted: Elon Musk makes more wild promises about a product that doesn't exist yet. |
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Posted: 6/2/2019 8:54:19 PM EDT
[#26]
Quote HistoryQuoted:
Didn’t they make like one of those? Software crippled all to shit? Quote HistoryQuoted:
Quoted:
Quoted: Elon Musk makes more wild promises about a product that doesn't exist yet. 
If it happened, Post proof. DK made a bet about that, and asked us to remind him if.... |
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Posted: 6/2/2019 11:34:06 PM EDT
[#27]
Quote HistoryQuoted:
Ah doubt eeet.
If it happened, Post proof. DK made a bet about that, and asked us to remind him if.... Quote HistoryQuoted:
Quoted:
Quoted:
Quoted: Elon Musk makes more wild promises about a product that doesn't exist yet.
If it happened, Post proof. DK made a bet about that, and asked us to remind him if.... 
However, the tens of thousands of people who put down a deposit for the promise of a $35k Tesla certainly never got one. |
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Posted: 6/2/2019 11:46:32 PM EDT
[#28]
Quote HistoryQuoted:
Elon Musk makes more wild promises about a product that doesn't exist yet. |
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Posted: 6/2/2019 11:52:04 PM EDT
[#29]
Quote History |
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Posted: 6/3/2019 12:06:02 AM EDT
[#30]
I guarantee their line is being a total piece of shit.
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Posted: 6/3/2019 12:13:18 AM EDT
[#31]
Quote HistoryAt least they built functioning concept vehicles of the Semi and Roadster 2. The Model Y was a goofed together Model 3 with a 6 inch rear window lift. I wouldn't wager on them ever even building a pickup concept vehicle. |
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Posted: 6/3/2019 9:51:29 AM EDT
[#32]
The China factory building is still under construction. The next phase will be to buildout the assembly line equipment, and train the local workers.
https://insideevs.com/news/352448/video-tesla-gigafactory-3-progress-may-30-2019/ There's not enough time to get all this plant completed and begin production this year. Tesla will probably hand-assemble a few cars, push them out the door, and announce a huge success. Bottom line: another cash crunch is on the way. Tesla won't be able to generate cash from the China factory until sometime into 2020.
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Posted: 6/3/2019 1:30:03 PM EDT
[#33]
$49k!?!?! I doubt they can sell them that cheap at cost... it's going to be an 80k+ car in several years when it may exist, if it ever gets a chance to exist... I don't know how much kool aid you'd need to drink for that to sound realistic, but I clearly haven't had enough. I mean maybe if they find a way to keep using govt and investor money to increasingly subsidize cars they sell...
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Posted: 6/3/2019 2:05:13 PM EDT
[#34]
Quote HistoryQuoted:
The China factory building is still under construction. The next phase will be to buildout the assembly line equipment, and train the local workers. https://insideevs.com/news/352448/video-tesla-gigafactory-3-progress-may-30-2019/ There's not enough time to get all this plant completed and begin production this year. Tesla will probably hand-assemble a few cars, push them out the door, and announce a huge success. Bottom line: another cash crunch is on the way. Tesla won't be able to generate cash from the China factory until sometime into 2020.
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Posted: 6/3/2019 2:13:00 PM EDT
[#35]
Quote HistoryI don't see any other way.... |
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Posted: 6/3/2019 2:19:24 PM EDT
[#36]
Quote HistoryQuoted:
Bullshit, unless it is built on the model 3 platform... which would be a pretty shit truck.... I don't see any other way.... Quote HistoryQuoted:
Bullshit, unless it is built on the model 3 platform... which would be a pretty shit truck.... I don't see any other way....
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Posted: 6/3/2019 3:17:01 PM EDT
[#37]
Quote HistoryQuoted: Well if the “truck” is as much a truck as the model Y is an SUV i’d expect something like a Subaru Baja. |
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Posted: 6/3/2019 3:23:55 PM EDT
[#38]
Quote HistoryQuoted:
$49k!?!?! I doubt they can sell them that cheap at cost... it's going to be an 80k+ car in several years when it may exist, if it ever gets a chance to exist... I don't know how much kool aid you'd need to drink for that to sound realistic, but I clearly haven't had enough. I mean maybe if they find a way to keep using govt and investor money to increasingly subsidize cars they sell... When people want to believe the dream, they will believe the dream. |
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Posted: 6/3/2019 5:38:01 PM EDT
[#39]
Tesla stock was down another six points today. At that rate, it will be down to zero in 30 days.
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Posted: 6/3/2019 5:43:50 PM EDT
[#40]
Quote HistoryQuoted:
Tesla stock was down another six points today. At that rate, it will be down to zero in 30 days. |
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Posted: 6/3/2019 6:52:13 PM EDT
[#41]
Quote HistoryQuoted: It was confirmed to me by my coworker that it's only because individuals keep shorting Tesla stock. Has nothing to do with failed promises, lack of profit, borrowing more money, missed deadlines, lack of sales or the internal tracking of every dollar spent. Quote HistoryQuoted: It was confirmed to me by my coworker that it's only because individuals keep shorting Tesla stock. Has nothing to do with failed promises, lack of profit, borrowing more money, missed deadlines, lack of sales or the internal tracking of every dollar spent. Quoted: It was confirmed to me by my coworker that it's only because individuals keep shorting Tesla stock. Has nothing to do with failed promises, lack of profit, borrowing more money, missed deadlines, lack of sales or the internal tracking of every dollar spent. |
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Posted: 6/3/2019 10:38:33 PM EDT
[#42]
$178.97
Circling the drain ? |
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Posted: 6/3/2019 11:49:59 PM EDT
[#43]
Quote HistoryQuoted:
$178.97 Circling the drain ? |
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Posted: 6/4/2019 12:12:37 AM EDT
[#44]
Quote HistoryQuoted:
A dip in the road or the crest of the last hill before the ride down to the ocean, who knows. I don't know what the Ace in the sleeve is though, a deal to license batteries and superchargers to another OEM for big bucks? Im not sure... |
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Posted: 6/4/2019 1:12:28 AM EDT
[#45]
Quote HistoryQuoted: Elon Musk makes more wild promises about a product that doesn't exist yet. |
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Posted: 6/4/2019 8:07:41 AM EDT
[#46]
Quote HistoryQuoted: If it was me, I would start to desgin rolling chassis to sell to other manufacturers. Let others put the shells on them and worrying about selling them. The only cars they should be making are the S, X and luxury crossover. |
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Posted: 6/4/2019 9:31:46 AM EDT
[#47]
Quote HistoryQuoted:
He even tweeted that itll tow 300,000 lbs |
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Posted: 6/4/2019 9:41:45 AM EDT
[#48]
Quote HistoryQuoted:
He needs to stop smoking crack. I guess for him towing = pulling something a distance of 100ft at walking pace. How do people still take him seriously? |
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Posted: 6/4/2019 10:21:15 AM EDT
[#49]
Quote HistoryQuoted:
He even tweeted that itll tow 300,000 lbs |
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Posted: 6/4/2019 10:21:26 AM EDT
[#50]
Quote HistoryQuoted:
Couple problems with that. Tesla loses money on every car it sells, this won't change that. GM already tried the electric skateboard concept for rolling chassis and it didn't work out, why would they license it from someone else? As an OEM Tesla would have to provide the tech specs for others to control their drives. Huge shift from the very secretive system they have now. It's not like Tesla is the only ones that know how to make electric drives, they're the only one willing to lose the amount of money it takes to produce what they have. |
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