Registered Members Login:
   
Forgotten Your Details? Click Here To Recover +
Welcome To The ShareCafe Community - Talk Shares And Take Stock With Smart Investors - New Here? Click To Register >

12 Pages (Click to Jump) V  « < 9 10 11 12   
 
  
Reply to this topic

TESLA, The Ambitions of Musk
mullokintyre
post Posted: Apr 11 2018, 09:45 PM
  Quote Post


Posts: 1,709
Thanks: 627


Goldman Sachs is bagging Tesla.

From CNBC

QUOTE
Goldman Sachs reiterates its sell rating on the stock and cuts its 12-month price target to $195 from $205, implying 32 percent downside.
"We see the company likely sustaining Model 3 production around the 1,400 per week mark," explained analyst David Tamberrino.
Goldman predicts the electric car company will likely be forced to raise additional capital as soon as the third quarter.


Musk must get his ideas from Trump.
Also from MORE CNBC

He tweeted

"Place your bets," Musk quipped on Twitter, appearing to challenge would-be sellers to exit at their own risk.

Hmm, its usually the sellers and shorters who win these games.

Mick



--------------------
sent from my Olivetti Typewriter.
 
blacksheep
post Posted: Apr 2 2018, 09:31 PM
  Quote Post


Posts: 5,699
Thanks: 2126


In Reply To: blacksheep's post @ Mar 30 2018, 01:02 PM

What was left of Model X vehicle on Autopilot that killed the driver last month.
Attached File(s)
Attached File  DZpreHYVwAAn5XQ.jpg ( 97.04K ) Number of downloads: 4

 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Mar 30 2018, 01:02 PM
  Quote Post


Posts: 5,699
Thanks: 2126


In Reply To: blacksheep's post @ Mar 29 2018, 09:41 PM

Hitler finds out he is invested in Tesla bonds biggrin.gif Hitler's portfolio takes a hit thanks to his arch rival, Goldman Sachs
https://www.captiongenerator.com/960112/Hit...-in-Tesla-bonds



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington

Said 'Thanks' for this post: mullokintyre  
 
blacksheep
post Posted: Mar 29 2018, 09:41 PM
  Quote Post


Posts: 5,699
Thanks: 2126


Tesla Bonds Are in Free Fall
While stock drop gets the attention, bond rout has big risks
Company is in ‘negative feedback loop; everyone is worried’
QUOTE
On The Precipice’
“People are looking at the abyss here, they’re looking at it spiral out of control,” said Jack Flaherty, a portfolio manager at GAM Holding AG. “It’s definitely on the precipice.”

To Diamond Hill’s Zox, who didn’t buy Tesla’s bonds last year, yields are still too low to offset the risks of lending to a business in its early growth phase. They would need be between 10 to 12 percent to get him interested.

And with a junk rating of Caa1 from Moody’s on Tesla’s unsecured bonds -- seven levels below investment grade -- coming back to the market might prove to be too onerous in any case, says Bloomberg Intelligence’s Joel Levington.
The company might need to consider selling equity, issuing convertible bonds and structured debt or taking out bank loans, he said.

“I would think it’d be off the table,” said Levington, referring to another unsecured bond sale. “They have to look at all options.”

https://www.bloomberg.com/news/articles/201...warning-signals



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
mullokintyre
post Posted: Mar 29 2018, 08:16 AM
  Quote Post


Posts: 1,709
Thanks: 627


Yo Nipper, the " 3 months maybe, 6 months definitely.." , might refer to the amount of time Tesla stays afloat.
from tesla doomed??

QUOTE
I think Tesla is going to crash in the next 3-6 months. . .

. . . partially due to their incompetence in making and delivering the Model 3, partially due to falling demand for the Model S and X, partially due to the extreme valuation, partially due to their horrendous finances that will imminently require a huge capital raise, partially due to a likely downgrade of their credit rating by Moody’s from B- to CCC (default likely) which should scare their parts suppliers into requiring cash on delivery (a death knell), partially due to the market’s recent falling appetite for risk, and partially due to our suspicions of fraudulent accounting activities, evidenced by 85 SEC letters/investigations and two top finance people leaving in the last month. . .

Tesla, without any doubt, is on the verge of bankruptcy.

The company cannot survive the next twelve months without access to capital from Wall Street Banks or private investors.

We estimate that Tesla will need roughly $8 billion in the next 18 months to fund operating losses, capital expenditures, debts coming due, and working capital needs.


The best part is the last two paragraphs.

QUOTE
. . . As a reality check, Tesla is worth twice as much as Ford* yet Ford made 6 million cars last year at a $7.6 billion profit while Tesla made 100,000 cars at a $2 billion loss.

Further, Ford has $12 billion in cash held for “a rainy day” while Tesla will likely run out of money in the next 3 months.


Reality has interfered with so many great ideas.

Mick



--------------------
sent from my Olivetti Typewriter.

Said 'Thanks' for this post: nipper  
 
nipper
post Posted: Feb 10 2018, 02:15 PM
  Quote Post


Posts: 5,401
Thanks: 1962


3 months maybe, 6 months definitely...

12 months on, an autonomous drive Tesla has NOT crossed USA
http://www.news.com.au/technology/innovati...6ec723527aad04c



--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 


blacksheep
post Posted: Nov 19 2017, 08:33 PM
  Quote Post


Posts: 5,699
Thanks: 2126


Tesla’s Origin Story in One Giant Infographic
JEFF DESJARDINS on November 16, 2017 at 12:30 pm
QUOTE
Priced at $17 per share just seven years ago, the Tesla IPO ended up being a total bargain for anyone lucky enough to get in.

However, this view comes with the benefit of plenty of hindsight – and even Elon Musk would tell you that it wasn’t always obvious that the company would be around in 2017. There were periods of time when layoffs were rampant, the company’s payroll was covered by credit cards, and Tesla was on the brink of bankruptcy.

RISE OF TESLA: THE HISTORY (PART 1 OF 3)

Today’s massive infographic comes to us from Global Energy Metals, and it is the first part of our three-part Rise of Tesla Series, which will soon be a definitive source for everything you ever wanted to know about the company.

Part 1 deals with the origin story of the company, challenges faced by the first EVs, the company’s strategy and initial execution, and the Tesla Roadster’s development.


Part 1 Infgraphic - http://www.visualcapitalist.com/teslas-origin-story/



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Nov 15 2017, 11:53 AM
  Quote Post


Posts: 5,699
Thanks: 2126


Short-seller Chanos adds to Tesla bet, predicts CEO will leave

QUOTE
NEW YORK (Reuters) - Noted short-seller Jim Chanos of Kynikos Associates continued to add to his short position in electric car maker Tesla Inc (TSLA.O) throughout the year even as the company’s shares rallied, he said at the Reuters Global Investment 2018 Outlook Summit on Tuesday.

Chanos, who first disclosed his short position in Tesla in May last year, said he expected company co-founder and Chief Executive Officer Elon Musk to step down as CEO by 2020 to focus on his private rocketship company SpaceX as competitors such as BMW (BMWG.DE) and Porsche PSCH_P.DE expand their lines of luxury electric vehicles.

http://www.reuters.com/article/us-investme...e-idUSKBN1DE2NI



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
nipper
post Posted: Nov 4 2017, 06:16 AM
  Quote Post


Posts: 5,401
Thanks: 1962


'Time is ticking': Musk in 'eighth hell' as Model 3 problems burn other projects

QUOTE
There will be no new model 3 Teslas in 2017.

The electric carmaker updated its website for customer reservations on Wednesday, including a table that shows the base $US35,000 ($44,000) Model 3 won't be available until some time next year.

That follows a painful earnings call for chief executive officer Elon Musk, who described the company as being in the "eighth level of hell" (there are nine, in case you're counting). The stock price fell 8.9 per cent on Thursday, the most in more than 16 months.

The electric-car maker won't build 5,000 units per week of its Model 3 sedan until sometime in March, three months later than planned.

"I have to tell you I was really depressed about three or four weeks ago," Musk said on the call after Tesla reported a record quarterly loss and cash burn. He downplayed the long-term implications of the delays. "In the grand scheme of things," Musk said, "this is a relatively small shift."

But the setbacks lengthen the wait for hundreds of thousands of customers waiting for their Model 3 and extend the payoff period for the billions of dollars the company has spent to expand. The manufacturing snags will embolden skeptics who've doubted the company's ability to quickly reach mass production, a feat the youngest US carmaker is trying to pull off for the first time with a car that starts at $US35,000.

"We left the call frustrated with the lack of transparency from Tesla management," Jeffrey Osborne, a Cowen & Co. analyst who recommends selling the shares, wrote in a note to clients.

"Elon Musk needs to stop over promising and under delivering and the board should rein in a CEO who publicly shares his aspirational goals that have rarely been hit."

Tesla burned $US1.42 billion in cash in the third quarter. The carmaker is spending heavily on both its auto assembly plant and at its battery gigafactory, contributing to an adjusted lost per share of $US2.92 per share, worse than analysts estimated.

Bottlenecks

People from key teams at Tesla are now focussed on fixing bottlenecks that have hobbled production, said Musk, who held his earnings call at the Nevada battery factory where he and co-founder J.B. Straubel are spending their days and nights, even camping on the roof .

Despite earlier reports that it was the company's California assembly plant that was gumming up the works, it turns out the famed Gigafactory is the heart of the problem - which is bad news for other Tesla products.

The main constraint holding back Model 3 output has been on the assembly line that packages battery cells at the gigafactory, which Musk blamed in part on a subcontractor that "really dropped the ball." Software had to be rewritten from scratch and mechanical and electrical elements of one area of the plant had to be redone.

Speaking from the plant, he also faulted himself for picking the wrong subcontractor. He recalled being on the assembly line at 2 am on a Sunday to help diagnose robot calibration issues and said work was being done seven days a week to solve the problems vexing the gigafactory. "One should lead from the front lines and that's why I'm here," he said.

The reallocation of resources to fix the facility's difficulties appears to be slowing down Autopilot, the Solar Roof, the Tesla Semi, and the Tesla Network.

"Tesla's cash burn is astounding, and time is ticking," said Salim Morsy, an electric-car analyst at Bloomberg New Energy Finance. "They have some pretty urgent things to deal with, and we just don't have any visibility right now."

Here are five key products still waiting to catch an elevator out of the inferno:

1.The Model 3

The "$US35,000 electric car" has been Tesla's top goal and marketing calling card for years. It's an important price point, competing with entry level luxury petrol-powered cars like the BMW 3 Series and the Mercedes C Class

When you include a $US7,500 US tax credit, the price is cheaper than the average new US car and more in line with a well-optioned Toyota Camry.

But on Wednesday's call with analysts, Tesla pushed back its timelines for the Model 3 by three months. And perhaps the biggest warning flag: Musk would no longer give a timeline on when Tesla would reach a production rate of 10,000 a week.

Last quarter he was unequivocal on that point: "What people should absolutely have zero concern about - and I mean zero - is that Tesla will achieve a 10,000 unit production week by the end of next year."

2. The solar roof

A year ago this week, Tesla unveiled its remarkable solar shingles with much fanfare in Hollywood on an old set of "Desperate Housewives." It began taking deposits in May.

There's still little indication of when the product might roll out. Tesla said things will move slowly in the coming quarter while it gets its new factory in Buffalo, New York, up and running.

Then, the company said, the product will ramp up "in 2018." That's a wide window for customers trying to plan a roofing project.

Perhaps a better indication of where things stand is this: Tesla's website currently shows job postings for 24 "lead roofer" positions - all in California. Each position, according to the descriptions, would be second-in-command of a small roofing team.

Meanwhile, the amount of standard solar installations being done have dropped 42 per cent compared with the same quarter last year, just before Tesla bought SolarCity.

3. Autopilot

A year after Tesla started charging $US8,000 for a feature called Full Self Driving, there's still no sign of a rollout of such features, and Musk hinted that a more powerful supercomputer may be needed to achieve its goal.

On Wednesday, he said the current hardware can reach "approximately human-level autonomy."

Musk concedes that the system will probably need to be significantly safer than the average human driver in order to achieve regulatory approval, so a hardware upgrade may be necessary.

"We'll have more to say on the hardware front soon, we're just not ready to say anything now," said Musk. As a consolation, anyone who has already paid for the option will get a free computer swap.

Tesla said new features will be coming for its less-ambitious $US5,000 Enhanced Autopilot package in the next few months. Musk said the other hardware for autonomous driving-8 cameras, a radar and 12 ultrasonic sensors-will be sufficient.

Other companies pursuing autonomous driving are also including expensive lidar kits. Musk was undeterred: "We are certain that our hardware strategy is better than any other option, by a lot."

4. Tesla semi

Tesla was set to unveil its first all-electric long-range semi truck back in September. Then it was moved to October.

Then it was pushed until November 16, explicitly so that resources could be diverted to deal with Model 3 problems. Tesla reiterated the same unveiling date by press release on Wednesday. However, it's notable that such an integral and supposedly imminent product for Tesla didn't even come up on the analyst

5. The Tesla network

Tesla is working on a system that will allow owners to rent out their cars using what they've dubbed the Tesla Network. Once fully autonomous driving is achieved, the idea is that fleets of privately owned Teslas will function like a driverless Uber or Lyft, picking up and delivering passengers for a fee that will be split between Tesla and the individual car owners.

In the shorter-term, the Tesla Network could function more like Zipcar. An owner could switch a setting online and open their car for someone to rent. The Model 3 uses key cards and Tesla's smartphone app instead of a key, so in theory anyone could be granted access through an automated system.

The Tesla Network, which accounts for billions of dollars in long-term revenue in many analyst models, is supposed to be unveiled this year. With all of the bigger delays drawing the attention, it didn't even get a mention on Wednesday.
Bloomberg

- will Musk /Tesla crash or crash through. The travails are emblematic of the sector, and probably there is no greater issue at stake, in this latest iteration of 'creative destruction'.



--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
 


12 Pages (Click to Jump) V  « < 9 10 11 12

Back To Top Of Page
Reply to this topic


You agree through the use of ShareCafe, that you understand and accept the TERMS OF USE.


TERMS OF USE  -  CONTACT ADMIN  -  ADVERTISING