Went to price an X on the Tesla site, but that's not up yet.
After all the delays for the X, the fact that Tesla is saying you
can have one 2nd half of next year, that might mean people arent
converting reservations to orders as predicted?
Is that due to reservation holders not liking what they see, being fed up with delays,
low gas prices, other EV's being offered now, or some other factor?
If power is cheap enough, efficiencies aren't that important.
There are advantages for an energy source which allows "instant refueling" such as for military operations, where you don't really want to be waiting for a recharge.
Its been quiet at the downsized gigafactory. Is it still being used to store unsold Model S's?
Price point is too high for the Model X. Competition is going to be fierce in that range, and will include Porsche, Audi, and BMW.
I don't like the seats, especially since they don't fold flat. Is that really to much to ask for in an SUV. So much for the utility part.
Website takings orders for Model S but only reservations requiring a $5000 deposit for the Model X.
I think the Model X is a decent vehicle and would have been a success if it had not been delayed. Currently, it is up against some emerging competition in its price range, and wont do nearly as well as it could have. $90 or $100k for a "SUV" that you cant even put a roof rack on, or fold the seats flat? After selling to some pent up demand, sales will fade.
It would be great to see you actually backup a statement for a change. Might even restore some of your credibility.
Ford recently announced RMB 11.4 billion (nearly $1.8 billion) investment in China for research and development.
On the Chinese New Energy Vehicles front, Ford intends to begin sales of C-MAX Energi plug-in hybrid in 2016.
The most interesting complaint from my perspective is the final one — namely, that it seems the hardware on his Model S isn’t keeping up with its software.
“Over the past 18 months, Tesla has added a slew of new software features that I can’t get because they require new hardware—dual motor, which gives you 4-wheel drive, Auto-Pilot, blind spot monitoring, etc,” he says. “My advice? Don’t buy a Tesla! Lease it.”
It’s one thing to have software updates that aren’t matched by hardware capabilities on smartphones where people tend to buy new ones every two to three years anyway. But a car is a major investment that people are holding onto for 10 years at a time, so having outdated hardware on them is much more of a problem than it is on your iPhone. While Tesla’s ability to upgrade its cars through software updates is incredible, it needs to find ways to provide hardware upgrades as well if owners want them.
Blau’s whole list of Tesla Model S gripes is definitely worth your time — check it out
Nissan, Renault, Ford, BMW, Audi, VW, GM, Hyundai, Kia, Toyota, Honda, Porsche BYD and Mercedes
disagree. Tesla delayed the Gen 3 long enough that its no longer needed or viable.
Was thinking how to play the next few days, and finally decided to short.
I did this even knowing that TSLA could very well spike if losses are less than expected.
Seems to me the spike would probably be short lived in view of the increasing questions of
Telsa's ability to both sell and deliver the Model X in the numbers needed and forecast.
( as well as a hundred other questions )
There's always the wildcard of an announcement by Musk of a new product, but I think the market views his
ventures with more skepticism each time he announces something with a payoff in 5 or 10 years.
Tesla may deserve a premium valuation over other manufacturers, but the current valuation is still extreme by any measure. I think the risk / reward bias leans heavily to the downside. I'm shorting going into earnings, but keeping enough capital in reserve to short at higher levels if there's a surprise.
I collect stock certificates, and have one from Tucker Motors.
I probably should get one from Tesla while they're in business.
Certificates use to be useful when people bought IBM and kept it for 30 years. You could even take them to the bank and use as collateral for cheap loans.
Do you think James Welch's stint into 2007 didnt majorly set Yellow up for its problems?
" In December 2003 Yellow Corp. acquired Roadway Corp. for $1.05 billion, forming Yellow Roadway Corporation. The merger more than doubled revenue; Yellow Corp. posted a 2003 revenue of $3.07 billion, and Yellow Roadway Corp. had a 2004 revenue of $6.8 billion. These revenues continued to increase with the $1.5 billion acquisition of USF Corp in 2005. to a high of $9.9 billion in 2006. These increases also saw jumps in profit, which increased from $40 million in 2003 to $184 million in 2004 to a high of $288 million in 2005. Yellow Roadway Corp. also made forays into the international market, particularly China. In September 2005, the company purchased half of Chinese freight-forwarding company JHJ International Transportation Co. Ltd. and in August 2008, bought a 65 percent share of Chinese Shanghai Jiayu Logistics Co.
YRC reported a net loss of $976 million for its 2008 fiscal year. In 2009 it again reported a net loss of $622 million. Towards the end of 2009, YRC narrowly averted having to file for bankruptcy protection by successfully persuading its bondholders to exchange their $470 million in bond notes for roughly 94% of the company’s shares. Concurrent with more recent manufacturing sector growth and recovery, since the fourth quarter of 2009, YRC has again been approaching a net positive balance sheet. Nonetheless its share price declined in year 2010 more than 80%, raising in 2011 suspicions of Death spiral financing. In September 2011 the company completed a financial restructuring that has essentially wiped out any shareholder equity."