Gov. Polis ruined Colorado.

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TacoMac

TacoMac

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rollitup said:
Wow! So stock prices that go up quickly can also come down quickly??? :shock:

Probably has nothing to do with more shares being sold than bought in a short and arbitrary time period. :roll:


:mrgreen:
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It took Tesla stock 12 years to reach its peak. It took it less than 5 months to lose 4 years worth of gains.

And it isn't over yet. It will get worse over the coming months.

When they announce another crushingly bad 2nd quarter, which they will, they'll be lucky if the stock is worth 200 per share.
 
Fogdog

Fogdog

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TacoMac said:
It took Tesla stock 12 years to reach its peak. It took it less than 5 months to lose 4 years worth of gains.

And it isn't over yet. It will get worse over the coming months.

When they announce another crushingly bad 2nd quarter, which they will, they'll be lucky if the stock is worth 200 per share.
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Have you checked yet to see if your adamant stance that the "US will be in recession by April" has proved out?
 
londonfog

londonfog

Well-Known Member
TacoMac said:
It took Tesla stock 12 years to reach its peak. It took it less than 5 months to lose 4 years worth of gains.

And it isn't over yet. It will get worse over the coming months.

When they announce another crushingly bad 2nd quarter, which they will, they'll be lucky if the stock is worth 200 per share.
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Did Elon Musk steal your first mail order bride ? Why much hate for a visionary.
Please share with me one thing you have created or expanded on. I will wait. Kids don't count.
 
doublejj

doublejj

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TacoMac

TacoMac

Well-Known Member
doublejj said:
Tesla still isn't making enough batteries for their production needs. Their issues mainly revolve around battery production.
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False. As usual.

The reason Panasonic pulled out of expanding the battery facilities is because Tesla slashed demand for batteries when demand for their cars fell by over 30%. No need to invest in expansion when you're cutting production to the bone.

Meanwhile, stock is down ANOTHER 1.5% today.

Elon Musk, who just 5 months ago swore he'd never go to Wall Street for more money, is now saying it may be necessary. He'll issue more stocks to raise money, and existing stockholders will get screwed completely when their stock value drops by around 65%.
 
londonfog

londonfog

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Fogdog said:
Tesla Looks to Regain Its Luster in Solar Energy by Slashing Prices

https://www.nytimes.com/2019/04/30/business/energy-environment/tesla-solar-energy.html

It seems as if Tesla is turning its solar business into a self serve DIY kind of affair. Claims it will save enough to justify cutting prices by 40%. Sounds fishy to me.
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Nope. remove the middle man and cost go down. The numbers speak for themselves. I also agree that permitting and inspections is a lot of the cost. remove it and winwin. My business runs with solar when Obama was helping with solar grant I took advantage. on the home I save by hiring direct for install and buying direct. remove middle man. I'm about to get fur to eight panels on the garage. The leg work will be done by me, install by electrician I know, panels directly from the cheapest and best quality. Last run was Solar Energy USA . Might have to look at Tesla panels. I honestly never thought of that until today. Thanks
Last look was just at the tesla roof wayyy too much dough

What sounds fishy about this ?
 
londonfog

londonfog

Well-Known Member
TacoMac said:
False. As usual.

The reason Panasonic pulled out of expanding the battery facilities is because Tesla slashed demand for batteries when demand for their cars fell by over 30%. No need to invest in expansion when you're cutting production to the bone.

Meanwhile, stock is down ANOTHER 1.5% today.

Elon Musk, who just 5 months ago swore he'd never go to Wall Street for more money, is now saying it may be necessary. He'll issue more stocks to raise money, and existing stockholders will get screwed completely when their stock value drops by around 65%.
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what is you deal ? Answer yourself as to why they have such a high valuation ? Tesla is the future. Why do you hate getting away from fossil fuel dependency ?
 
Fogdog

Fogdog

Well-Known Member
londonfog said:
Nope. remove the middle man and cost go down. The numbers speak for themselves. I also agree that permitting and inspections is a lot of the cost. remove it and winwin. My business runs with solar when Obama was helping with solar grant I took advantage. on the home I save by hiring direct for install and buying direct. remove middle man. I'm about to get fur to eight panels on the garage. The leg work will be done by me, install by electrician I know, panels directly from the cheapest and best quality. Last run was Solar Energy USA . Might have to look at Tesla panels. I honestly never thought of that until today. Thanks
Last look was just at the tesla roof wayyy too much dough

What sounds fishy about this ?
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Fishy because a company losing nearly a billion dollars is cutting cost to make it up in volume. The abruptness is also an issue. Something as radical of a change perhaps should be better if phased in. Instead, it was all announced to take place right away. There is an air of desperation. Maybe what I'm smelling is wafting over from taco's meat and not anything to do with Tesla.

From what I've read, Tesla doesn't make their own panels and their expertise was purchased when they bought a solar company rather than grow from the ground up. They sell Panasonic panels in partnership with Panasonic. It's a quality panel with good efficiency and relatively good performance even when it gets hot.

I'm looking at off-grid solar for some outbuildings that I have, so the interest is more than just idle.
 
londonfog

londonfog

Well-Known Member
Fogdog said:
Fishy because a company losing nearly a billion dollars is cutting cost to make it up in volume. The abruptness is also an issue. Something as radical of a change perhaps should be better if phased in. Instead, it was all announced to take place right away. There is an air of desperation. Maybe what I'm smelling is wafting over from taco's meat and not anything to do with Tesla.

From what I've read, Tesla doesn't make their own panels and their expertise was purchased when they bought a solar company rather than grow from the ground up. They sell Panasonic panels in partnership with Panasonic. It's a quality panel with good efficiency and relatively good performance even when it gets hot.

I'm looking at off-grid solar for some outbuildings that I have, so the interest is more than just idle.
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Not sure what state you are in but you can also sell back your renewable energy, unless they have reach their predetermined amount. Something to check into
 
Fogdog

Fogdog

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londonfog said:
Not sure what state you are in but you can also sell back your renewable energy, unless they have reach their predetermined amount. Something to check into
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It's on my list. Thanks. When I did look into it earlier it didn't pencil out for me. Not wanting to get in details but in a couple of years I'll be ready to check into it again. Laws are changing, the Oregon state program sunset a couple of years ago and the federal program ends in about a year so, review the entire situation from scratch in 2021.

There were a few other gotchas that bothered me too. Such as, if connected to the grid, when the grid goes down, my power goes off too regardless of my investment in solar. It's a safety issue, so I understand but it was a negative to me. The other is there seemed to be too much flexibility allowed for the power company to set prices for selling my power to them. Oregon has a strong renewable portfolio standard for power companies that keeps them in the game but really, they don't want to buy power from us at a competitive price. It's just another case of small fry trying to tell the big fish what it can do. There is always risk that pay-back assumptions get dumped by changes in the laws.

Regardless of that, my outbuildings don't have power to them at all. I'd like to have lights and small power reserve in them without running lines out to them. I'm getting by with work-arounds but the overall convenience of having some power in them would make it worthwhile. It's also a learning opportunity to me before dealing with the larger problem of what to do with my residential power.
 
TacoMac

TacoMac

Well-Known Member
Odd.

All of the 'pro Musk' directors are effectively gone now. The board will go from 11 down to 7 members as a result of the lawsuit against Musk and his enablers.

The only reason musk still has a job of any kind right now is because of fangirl investors. They're the only thing giving the stock any value at all.

Musk has led Tesla to the brink of ruin. It's been one bad decision after another for the last few years.

Again, keep fangirling as the stock becomes more and more worthless. You've been doing it for 5 months straight even in the face of disastrous results.
 
doublejj

doublejj

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Fiat Chrysler is giving Tesla $2Billion to buy Tesla carbon credits so Dodge can keep selling cars....lol

"Fiat Chrysler Automobiles has said it will pay electric carmaker Tesla close to €2bn to help it meet tough new emissions targets and has reported a 29 per cent drop in first-quarter profits. The company will purchase credits from Tesla to help it hit carbon dioxide goals and avoid large fines in the US and Europe, at an estimated cost of €1.8bn. Carmakers across Europe are striving to meet a 2020 EU target of average car CO2 emissions of 95g per kilometre. In 2018, average emissions were 120.5g per kilometre, according to data supplier Jato Dynamics."..https://www.ft.com/content/fd8d205e-6d6b-11e9-80c7-60ee53e6681d

Tesla for the win....:blsmoke:
 
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