You mean like "Roadster profits will be used to fund the Model S, and Model S profits will be used to fund the Gen III"?
I think the economy of the Republic of Scotland will be dominated by Brent crude, not unlike Norway. They will probably need to boost production to fill the coffers. Look for downward price pressure.
"It is one of the results of TSLA."
Also, it's no coincidence that the Arctic sea ice coverage has increased dramatically in the two years that the Model S has been in production. Antarctic sea ice has increased as well, but that's a longer term trend - probably more indicative of Roadster production.
"Can Elon invent water to build his factory"
It seems to me that he can use the same technique that the Martian colony will use.
Wow! Even the free version of the report is loaded with great info. It's definitely worth a read whether you're long or short. So many things to comment on, but I don't have time this evening.
Once again, thanks n0m0 for the tip!
"Oddly, at the announcement Musk said the facility would be energy independent, relying on geothermal, solar and wind."
Did Tesla ever say that that the renewable energy would be installed at their own expense? Or are they relying on the state of Nevada to subsidize it?
"Wisconsin is brain dead!"
That's a bit harsh, I should think. I just read an article on a revolutionary new electrostatic motor developed by C-Motive Technologies in Madison.
Easygoing, yes I agree with your observations on VIN assignments. Tesla has had several 7-10 day gaps in VIN assignments in the past, and it looks like we're in another one right now. Each time, the VIN assignment rate bounced right back up to the trendline. So I'm not going to venture an opinion until I see how the assignment rate continues.
The big difference right now is that there are 6-7 thousand pre-assigned VIN's for expansion into the Asian market. I don't expect this number to grow, in fact it may consolidate. In other words, the assignment rate this year has been well in front of the delivery rate but I expect the two will track pretty closely over the next few months.
Bottom line - Yes, by watching VIN assignments we should be able to predict whether Q4 numbers will be met.
OK, I'm a little confused then. What has Tesla gained except fast-track approval to proceed without an environmental study? And as ballcoach asked, where will the additional capital investment come from?
n0m0, I've seen no mention of state "partnership" money either. If it's purely a guarantee of tax incentives, then it's a very good deal for NV. In fact, I could argue that all corporate tax should be abolished in favor of growth - but that's another subject. I would have been horrified to see the taxpayers gamble $500M on this endeavour. But as it stands, it looks like a win-win.
Easy, I agree with your thinking. The GF will have to be built in scale-able sections coordinated with Tesla's product ramp-up. And as battery technology evolves, there could be many different technologies being produced at the same time for various models, service replacement, and stationary storage. I would be surprised if they expanded to full capacity with 6500 employees by the end of the decade, but I've been surprised before.
The battery company will be set up independent of the car company. It would be too risky to tie them together, and to expensive to divorce them later.
So how much money was in the briefcase delivered yesterday? Was it the full ransom amount? Is NV a 10% partner? Or did Elon have to settle for less once CA walked away?
"The only thing I predicted about the giga-site selection was that the first ground breaking would be a decoy. So all we know right now is that Nevada is out of the running.
OK, OK, I'll make another prediction. California will be the only state with the fortitude to ante up the $500 million."
I still say Nevada is a decoy. There's no way that they'll contribute $500,000,000. The state legislature is not even planning to reconvene to discuss/approve it. This is all to force action by California, who were always the #1 target.