$TSLA

[vanzandt]

First you can compare to one ponzi to another one, but you still not going to get what you want, a true evaluation. In plain English, just because Snapchat is shit that doesn't mean Tesla is not bull manure.

Second, no competition? Chevy has just came out with Bolt and basically every automaker has a EV in their pipeline. Not to mention for the price of M3 you can buy 2 Bolts, not as cool as the M3, but if you care about enviroment and shit, you might care less about look.

Third, the capital raise was too little. They needed at least 2 billion or even more, but they simply couldn't get more than a little over 1, so they will run out of money again...

Beyond me...Especially when Trump is going to nix the 54MPG target, pump oil like no tomorrow, and put all of Motown back to work building gas guzzling dinosaurs again with American steel.

Its ridiculous.
But apparently someone thinks its worth $262/share. And its $264 as I type.
Short squeeze of epic proportions I guess. That's the only thing that can explain it.

 

[sellindexvol66]

First you can compare to one ponzi to another one, but you still not going to get what you want, a true evaluation. In plain English, just because Snapchat is shit that doesn't mean Tesla is not bull manure.

Second, no competition? Chevy has just came out with Bolt and basically every automaker has a EV in their pipeline. Not to mention for the price of M3 you can buy 2 Bolts, not as cool as the M3, but if you care about enviroment and shit, you might care less about look.

Third, the capital raise was too little. They needed at least 2 billion or even more, but they simply couldn't get more than a little over 1, so they will run out of money again and soon.

There is a conundrum with making the M3. The more they make the more they are going to lose on it, and if they are making too little (under 100K per year) they lose money period, because there is a minimum number with low margin carmaking where the new production line just doesn't play off.

tesla supercharger network is a killer app. its what will make people decide them over other electric. imo its a no brainer in choosing one make over another.

 

[Pekelo]

tesla supercharger network is a killer app.

If the other automakers get together and come up with a standard different from Tesla, it will be very expensive for them to maintain and spread their current system.

And sooner or later there has to be an industry standard, but not necessary Tesla's...

 

[Pekelo]

And its $264 as I type.
Short squeeze of epic proportions I guess. That's the only thing that can explain it.

I mentioned it earlier that people still need time before they dump it. Probably another 6 months, when the M3 is either NOT coming out in time or coming out but with a lots of problems and higher price....

 

[sellindexvol66]

If the other automakers get together and come up with a standard different from Tesla, it will be very expensive for them to maintain and spread their current system.

And sooner or later there has to be an industry standard, but not necessary Tesla's...

you would think that is inevitable. an industry wide system..even built in to gas stations. it will happen if electric keeps getting the traction.

my bias to tesla comes from building it all from batteries , cars to charging. look at space x. they can send a rocket up for a fraction of the competition costs. that same advantage is with tesla and should not be overlooked.

 

[Pekelo]

look at space x.

Let's not look at SpaceX. We have absolutely no financial info except the usual Musk lies. We have no idea how they are doing, and if R&R is as costly as with Tesla, the indication is that they are not profitable yet. They might be cheaper than the competition, but not by the fraction of the cost.

 

[vanzandt]

tesla supercharger network is a killer app. its what will make people decide them over other electric. imo its a no brainer in choosing one make over another.

How much is that going to cost to build out per vehicle sold?
I would imagine its not cheap to put these things into service. And they'll need them all over. Huge costs.
Nothing about this company adds up.

 

[vanzandt]

Interesting.
http://www.latimes.com/business/autos/la-fi-hy-tesla-charging-20161107-story.html

 

[sellindexvol66]

Let's not look at SpaceX. We have absolutely no financial info except the usual Musk lies. We have no idea how they are doing, and if R&R is as costly as with Tesla, the indication is that they are not profitable yet. They might be cheaper than the competition, but not by the fraction of the cost.

for space x it is literally a fraction of the launch cost. the why it can be you would have to figure if inclined.

on everything else i'm ok with letting time show. i own manufacturing businesses in addition to trading heavily; so i can dig some of what they are doing but i'm not gonna try to change any minds here. for me, all i want is "to make america great again"

 

[vanzandt]

I picked up some $265 puts just now for under a buck. $263.50 is my target for the close today.