Waiting in line to charge your Tesla while on a road trip will get old real fast. How is Elon the genius going to handle the charging of the 500,000 cars he plans on producing every year? Maybe Chip Chowdry can explain this.
I am a recent buyer at these levels and am looking past 2015 when they launch their new state of the art stuff. I am a long term holder and have been around the block so I do not scare easily. I have seen the downgrades and besides the manipulation you see I think some funds are unloading. Hopefully we are close to the low and in hindsight this will be a great buying opportunity. My gut tells me yes therefore I will be more after I hit the post button. We shall see.
While the stock might not have moved much in the past 5 years it did generate $11 of dividends during that time.
Around the corner in 2013. His team hid this info from him. Does he know that history is repeating itself .
Looks like a $31 million realized gain or $1.55 per share. Also gain is tax free since they can offset with their huge carry forward loss left created by the previous management team. I am looking forward to Larry's 2014 letter to shareholders.
They did not avoid the question on pay. They said all the info on their pay package was disclosed in public filing. They have a ton of options to buy shares at higher prices than the stock trades at today. So their interests are aligned with the shareholders.
I am a firm believer that if you introduce something with such fan fare while demonizing and mocking a whole industry you better deliver it. So when I watched the battery swap demo where Elon received a standing ovation and said if you buy our car you get this option . He did not deliver and I contend you will never see this country wide because it is way to costly and complicated to roll out. This is just gets added to the laundry list of Elon's broken promises and proclamations.
Yes my argument is that it will never happen in the way the charging stations were rolled out. It is a matter of cost. Unlike a charging station the battery swap will require man power unless you expect the car owners to climb under the car and maneuver a 1800 pound object. Then there is the cost of equipment , real estate, buildings and last but not least a ample supply of inventoried $35,000 batteries. I realize that these are minor issues to you zealots. So let me ask you this what is your estimate of how much a battery swap would cost the car owner which would enable him to go another 250 miles.
Fast battery swap. Do you mean the one that Elon demonstrated 2 years ago while mocking a ice being filled up . How many swap stations are there ? What does it cost to swap? Can I go cross country swapping my battery as I go ?
GLDD uses a lot of diesel fuel to run their boats and equipment. This savings should go right to the bottom line. In addition management said they need to do a better job on logistics. They said they will be moving equipment around to take advantage of the seasons. The backlog is through the roof and bids are out there to get even more work. They recently one a contract to build sand dunes on south shore of Long Island on Fire Island. I bought shares today .