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 .
With much fanfare and subsequent press coverage Elon tweeted he was going to embark on cross country trip with his kids in a model S. The Teslarians went crazy with this news. Then the trip was canceled and rescheduled. Again fanfare ,press coverage and accolades from his minions. It's been almost 2 years and still no trip. It is similar to the "you can swap your battery faster than you can fill a ice car" story. However you really can't .
Amazing nothing has changed since the 2000 stock bubble except the names of these so called analysts. Jonas's research analysis and recommendation of Tesla would land him a job at any bucket shop if he wanted to upgrade his position from Morgan Stanley.
No they are confident . Zero profitability, capital raises, production cuts , and massive downward revisions of estimates is fantastic news to them and the sell side analysts. By the way Elon is going to Washington to demand that they pass a law that no American will be able to take a vacation until they buy a Tesla. He is a Genius you know.
I can not believe that the shorts don't understand this simple concept. In the call Elon said that the demand for the cars was through the roof therefore a production cut is necessary. He also said that he will embark on spending program that will deplete all the cash by the end of the year and a capital raise has not entered his mind. He also repeated his declaration that Tesla will not turn a profit until the year 2020. Shorts this is great news for the longs. They are buying the stock like crazy.
This is great news . Please keep on posting this very informative information.
I can't believe you brought this issue up. A friend of mine who is a close friend of Elon's told me about this. He said Elon just bought a 3D printer and is mass producing Tesla's and batteries in his garage. Any day now he will be announcing that he will be closing down the factory and will fire everyone. He will be the sole employee and he expects net operating margins to be 99%. He also predicted that TSLA will have a market cap of $8 trillion dollars by June of this year. I am backing up the truck and buying all the shares I can at these levels.
The guy would not last a week. Don't forget that Musk thinks he is the smartest guy in the room and is a expert in everything.
I listened to the call and this guy Musk is so incoherent it is unbelievable to me that people consider him a genius. He sounds like a babbling teenager with wild ideas.
Ok I get it. They spend a lot of money. However they have no positive cash flow so they will need more $$$ very soon. For example they will need to raise at least $ 4,000,000,000 to build the Giga factory. You will be diluted big time. This is on top of the bonds that they sold last year that they will convert to common stock.
Gee you sound like Elon with your non answer. You do realize that they burnt through $465,000,000 of cash in the quarter that just ended 12/31/14. So tell us what you see in the report that is so wonderful. We need to learn from you keen eyed financial whiz kids.