pm_lim, the guys in your office are right, the downside is coming and if you don't sell soon above $200.00 the jealous boys will end up giggling with bursts of laughter every time they see you.
Why? Even if you could convince people that a 15,000 PSI, carbon fiber wrapped, hydrogen tank in the trunk is *perfectly* safe and that nothing could ever go wrong, why should they buy it?
I see two killer problems with FCEVs:
1: High pressure hydrogen.
I do a lot of scuba diving and fill my own tanks. Those are only 3500 PSI but they are still considered high pressure. Our gas doesn't even burn, but it's still a pain to handle. It is hard to make a quick disconnect seal at those pressures. We are constantly chasing leaks and changing O-rings. If each little leak was a potential explosion hazard, we'd have a real mess on our hands.
Besides the leaks, the compressor is big, and loud and draws a lot of power (240V, 40A kind of power) The gasses get hot when you compress them. Tanks get hot when you fill them. You cannot fill an empty scuba tank in 30 seconds, by just dumping the gas in. It would get way too hot. It takes 10 minutes at least. (some people put the tanks in a water bath to speed up the fill time)
The fill stations will be very expensive. They will probably also be loud and need a fair amount of power. They are not going to be approved for residential neighborhoods.
2: Hydrogen distribution infrastructure.
It doesn't exist. Making storing & distributing the stuff in quantity would be insanely expensive.
In contrast the electrical grid is already there. It took 100 years to build it out, but we use it for many other things, so it's okay. Car chargers are just the final hookups to the grid, but even they are a big investment.
The support infrastructure for hydrogen cars would be 100 or 1000 times harder to build out than a national car charging network.
I can see the appeal for the oil companies. If we are going to kick our addiction to oil, they want to get us hooked on something new, so they can stay in the drug distribution business. But that's their problem, not mine.
I want to see the oil companies die.
It means Musk was told to #$%$_OFF in a very public way. A falling out of sorts happened. I'd guess over delays and the massive cash outflows only to result in minor upgrades to a stagnant model with declining sales.
Can't be true.
Are there no more shares? None's selling?
Well, I guess it's a free world but you just can't believe that, ahah.
It's all down to philantrophy.
Splitting the stock is an accounting game it doesn't really change anything. Even if you only want to invest $1000, it doesn't matter if you buy 4 shares at $250 or 10 at $100. (some markets will even allow you to trade fractional shares. So the price per share really doesn't matter...)
Given the market's enthusiasm for the stock, what TSLA can (and probably will) do is issue more shares to grow the business. But honestly, they have to have something rational to spend it on.
Raising money for TSLA is easy. I've never seen so much good will from the investment community. (sure there are some very vocal haters, because TSLA is threatening powerful vested interests, but most people wish them the best and there are a few very deep pocketed philanthropic investors who are extremely concerned about climate change and see TSLA as our best hope for doing something about it) Tesla is still sitting on the $2B they just raised so they won't raise more any time soon.
Stuff has to make sense. The Model X has to be done right. People were very patient with the glitches of the early Model S and the fiascos of the early roasters, but Tesla has got to climb the quality learning curve. Customers will be less patient with any flaws in the coming designs. (while that makes life harder for TSLA, it also make it nearly impossible for any me-too competitors to enter the market)
Mostly, the Model 3 has to be made affordable. That is the one problem you can *never* solve by throwing money at it. But be patient. We will get there. TSLA is in this for the long haul.
Brother and sister shorts, Tesla is snake oil in a bottle, a puppet of financial institutions/engineering. Let me assure you Ewon had no past idea of such present mkt cap valuation and has been only trying to play his part while enjoying this wallstreet carnival ride. Manhattan and Vegas have a lot in common, accept in Manhattan the govt is trying to fuel economic expansion via a prospering stock market illusion.
In today's EVENING NAUTICAL NEWSLETTER we are predicting foggy weather tomorrow, so Tesla The Ultimate Beauty Machine crew has to sail very carefully trying to avoid lurking Inspector Clouseau and his friend Agents in Charge placed somewhere in Boston and Florida ( at least if our spy network is accurate). But don't worry we also have someone special residing at 1600 Pennsylvania Ave., so things will be taken care of if necessary.
Waves go down and waves go up.
Also today we were delighted to see Lady Kathleen again, this time telling us allegory about 2 Lips from Dutch over 300 hundred years ago. I am not sure what was the relevance of that story with our Bella Donna, other than both Tesla and 2 Lips are very beautiful. That probably was the main point made by charming Kathleen.
Her today's story was certainly more attractive than last week one when she predicted "bloodbath" at the beginning of this week.
When OCTOBER is OVER we'll remember in DECEMBER.
Catch the wave.
True, I would add that share price goes up and down, which will be addressed in my EVENING NAUTICAL NEWSLETTER.
Good call though :)
Longs are so stupid it is semi painful to think scams like tesla have enriched them
That's an interesting question. But if you imagine a graph in which the TSLA share price and the price of the cars are both plotted over time, I think you will conclude that the shares are fluctuating independently. I don't know for sure, but I assume the cars have risen in price a lot more slowly and steadily than the TSLA share price.
By the way, I admire Musk's creativity and I respect the progress the cars have made. We can't have too much innovation in this country, or too many ventures. I'm only questioning the rate of increase in the price of the stock.
They could have got another $200 million more. Bad timing!
What do they know about financing? They're only good at making cars
Daimler was sitting on a chunk of stock. More supply of shares being traded seems like it could ultimately hurt the stock price. Seems like more shares being traded now that Daimler sold could mean more selling pressure if TSLA disappoints. (Granted their shares was not a HUGE amount.)
Correct me if I am wrong?
Ok, but one could argue that there is straight linear relation between car and share both expressed in $$$. But hey I might be on the wrong side.
Kind of weird that Daimler was sitting on a big chunk of stock and not trading it...just sitting on it. Yet turning it over to investors and traders who flip the stock will make the stock more stable.
So if TSLA has a bad earnings report and bad guidance, Daimler would have just sat on the stock. Now, some investor or trader will want to sell it.
I doubt volatility stops any time soon.
That would be a different mania, in the cars themselves. Actually a Tesla car mania could actually happen in a few years if the cars become collector items like Jags and the 300SL. But clearly the tulip bulbs in the above comparison are the TSLA shares, and not the cars.