Tesla Gigafactories, News and Conversation

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"Tesla delivered more than 90,000 cars last quarter"

 

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New York (CNN Business)Tesla sales and production were hurt by the Covid-19 pandemic and lockdowns. But not as much as some other automakers.

 

The electric car company reported Thursday it delivered 90,650 cars to customers during the quarter. That's down 5% from a year ago, but far less than the drops of 30% or more reported by other automakers on Wednesday.

 

Tesla's second-quarter sales were up a bit from the 88,400 cars it delivered in the first quarter.

 

Market Summary > Tesla Inc
NASDAQ: TSLA
1,215.33 USD +95.70 (8.55%)
Jul 2, 10:24 AM EDT · Disclaimer

 

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On 6/30/2020, 3:19:05, MikeMelga said:

Not so fast, that study has several issues into it. Here is a debunking. Main point is what defines a defect. Example:

they classify quality control issues on the same level as design issues. People complain about the paint quality from Tesla (and I also do) but that is a design issue created by California´s laws regarding car painting are very unique, they only allow water based paints, which means you will always get a crappy paint that you cannot use on a normal car wash. Same with lack of Android Auto.

 

 

 

Intresting Video.

 

Several points were made, one being, that a lot of people just did not like the way things are done on the Tesla, with so much software. Of course software is cheaper than installing a switch, as its all control panel and it can be upgraded over the air. But some or a lot of people just do not like that, they prefer a real switch or button, which some people would say as a design issue.  For software compaines its an advantage but maybe not for the end user.

 

I use a newist smart phone, but sometimes have problems operating it, just because I do not want to invest the time required to lean the new ways of doing things, I just want it to work in an abvious way to me, which is not always the way the guy programmed it thinks. Tesla has to sell to a lot of people and if it does not work like they want, then they walk a way with a bad felling, hence the low rating for Tesla.

 

I heard, if you want to open the glove cabinet, you have to use the screen find the right menu of a menu of a menu and push a button to open it. I would hate that ! You cannot even pust most used function on the home screen, I heard. 

 

I like real button to push.

 

 

 

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3 minutes ago, yesterday said:

I like real button to push

like the ones on the phone you just mentioned? :o

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5 minutes ago, catjones said:

like the ones on the phone you just mentioned? :o

 

my phone does not have a glove cabinet :lol:, so not worries there

 

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4 hours ago, yesterday said:

I heard, if you want to open the glove cabinet, you have to use the screen find the right menu of a menu of a menu and push a button to open it. I would hate that ! You cannot even pust most used function on the home screen, I heard. 

 

I like real button to push.

 

Actually, it is 2 push away or you can use the voice control.

 

I also complain that I cannot predefine the home menu buttons. Is that a defect? No, but for some people it counts as one. 

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I saw someone on Twitter saying that a CEO telling the SEC to "s#ck my c*ck" is a strong "Buy" signal. :D

 

I guess investment textbooks have changed somewhat since my day!

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Yep. Same value but more shares. Same percentage of profit/loss afterwards. 

 

With good dividend shares where dividends are reinvested, it can be an advantage for long term.

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Tesla stock is going up like crazy due to the unexpected potential profit in Q2. I still think the whole market will go down sharp in the next few weeks due to corona being uncontrolled in America. The problem with Tesla stock then is if they close again the factory.

Really unsure what to do, stock value is above the $1000 I forecasted for the end of 2020.

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Yes everyday its climbing new peaks. Every day I think to sell some of them to offset the losses, I had with Wirecard, but its going crazy day by day. Very tricky situation :D

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Although I think it will be wort 3-4k in 3 years, the current situation looks like a small bubble created by short squeezing... would not be surprised if it falls 20-25%. But with Tesla, crazy things happen!

Here is a short analysis to show how complicated it is, even on short term:

 

Reasons to go up:

  • short squeeze might not be over
  • potential S&P inclusion, giving around 15-25% valuation boost
  • much better Q2 results than remaining auto
  • still no credible threat from other companies (where are the Tesla killers?)
  • battery day shows not only breakthrough prices, but also that they can maintain the lead
  • multiple battery deals being closed, meaning battery bottleneck is gone, leading to faster growth (this is practically confirmed)
  • in 2-4 months a new FSD version will make a giant leap

Reasons to go down:

  • a new lockdown closing factories
  • general negative economical feeling in US due to uncontained pandemic
  • short squeeze might be over
  • detail analysis of Q2 might show profit came from intermittent sources like selling credits or FSD inclusion on books
  • battery day shows breakthrough prices, but Tesla has no more exclusive access to that technology
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Dangerous, I did that on Tesla, when they were  around 900, the stop loss kicked in, they have now shot off to +1300

 

There is quite a large daily or weelky variation.

 

Ok, I should be happy just to take the profit, but I miss the extra :angry:

 

If I had my time again,  I would have set a limit of at least 10 %

 

Of course I wish you good luck

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