TSLA - Tesla Motors

[ERICOPOLY]

http://www.theatlantic.com/technology/archive/2013/11/why-you-might-buy-electricity-from-elon-musk-some-day/281824/

 

"Attached to the wall is a charging station for Krapels’ Tesla Motors Model S electric sports sedan. And next to the charger are two metal boxes that effectively render Pacific Gas & Electric, the 108-year-old utility that serves Northern California, irrelevant. One box channels electricity generated by the SolarCity photovoltaic panels on the house’s roof. The other, a 10-kilowatt Tesla lithium-ion battery pack, can store up to three days’ worth of carbon-free electricity generated by Krapels’ solar array. "

 

 

How the hell can you pull the plug on your electric utility when you drive a car with an 85 kWh battery pack?

 

Umm... my electricity demand has gone up since I bought a Tesla Model S, not down. 

 

This makes the electric utilities more necessary, not less.  It's the gas station that is less necessary.  Electric cars are a growth thing for electric utilities.

[JBird]

http://www.bloomberg.com/news/2013-11-26/tesla-woos-car-guys-with-rides-to-counter-dealers-cash.html

[TwoCitiesCapital]

http://www.theatlantic.com/technology/archive/2013/11/why-you-might-buy-electricity-from-elon-musk-some-day/281824/

 

"Attached to the wall is a charging station for Krapels’ Tesla Motors Model S electric sports sedan. And next to the charger are two metal boxes that effectively render Pacific Gas & Electric, the 108-year-old utility that serves Northern California, irrelevant. One box channels electricity generated by the SolarCity photovoltaic panels on the house’s roof. The other, a 10-kilowatt Tesla lithium-ion battery pack, can store up to three days’ worth of carbon-free electricity generated by Krapels’ solar array. "

 

 

How the hell can you pull the plug on your electric utility when you drive a car with an 85 kWh battery pack?

 

Umm... my electricity demand has gone up since I bought a Tesla Model S, not down. 

 

This makes the electric utilities more necessary, not less.  It's the gas station that is less necessary.  Electric cars are a growth thing for electric utilities.

 

I agree with the gas stations. Maybe I'll be wrong here, but the most compelling thing about Tesla, to me, is that they're building out a nation wide infrastructure for electric cars. Once they've done that, it'll be far cheaper and easier for everyone to just submit to their standard and Tesla can then charge everyone who wants to "fill up" a user fee for it's stations. Tesla's, of course, would still be free to fill. This would give Tesla a recurring, consistent revenue stream. I'd much rather own the monopoly that collects consistent cash flows than a finicky car company that always has to stay on the leading edge of production.

[ERICOPOLY]

Wait... a car crashed and burst into flames... but it wasn't a Tesla?

 

The Santa Clarita Valley Signal reported that the Porsche crashed into a light pole and tree and burst into flames.

 

http://abcnews.go.com/Entertainment/wireStory/publicist-fast-furious-star-dies-car-crash-21059317

[Liberty]

Wait... a car crashed and burst into flames... but it wasn't a Tesla?

 

The Santa Clarita Valley Signal reported that the Porsche crashed into a light pole and tree and burst into flames.

 

http://abcnews.go.com/Entertainment/wireStory/publicist-fast-furious-star-dies-car-crash-21059317

 

Not only that, but check out what can happen if you don't have an armor plate and a battery protecting you:

 

https://www.youtube.com/watch?v=nJUWXRWK4xs

[yadayada]

lol i love this in the musk blog piece:

 

It is also why arsonists tend to favor gasoline. Trying to set the side of a building on fire with a battery pack is far less effective.

 

Must be so frustrating if your an extremly smart guy like Musk in a world full of mostly idiots :) .

[fareastwarriors]

http://www.businessweek.com/articles/2013-12-06/teslas-solar-power-storage-unit#r=rss

 

 

Tesla's Industrial-Grade Solar Power Storage System

[ERICOPOLY]

Ford said it is recalling nearly 140,000 2013 Escape SUVs with 1.6-liter engines in the United States — and 161,333 worldwide — because of fires caused by overheating of the engine cylinder head, which can crack and leak oil. Ford said it had received reports of 13 fires, including one in Canada, stemming from the engine issue.

 

http://www.detroitnews.com/article/20131126/AUTO0102/311260052#ixzz2mo8SIk9R

 

Okay, is the NHTSA going to investigate the fires caused by internal combustion engines to consider whether they are safe enough for the road?

 

You've had Dick Van Dyke's Jaguar go up in smoke:

http://www.usatoday.com/story/driveon/2013/10/24/dick-van-dyke-jaguar/3177097/

 

You've had Paul Walker's Porche explode a minute after the collision:

http://www.nydailynews.com/entertainment/gossip/paul-walker-childhood-friend-pull-burning-porsche-article-1.1540597

 

There's a bazillion of these incidents...  And there have been what... 3 Tesla fires, all collision-related, and in all cases the driver walked from the scene?

 

Three Lamborghinis burn:

http://autos.yahoo.com/blogs/motoramic/trio-lamborghinis-burn-million-dollar-wreck-005325869.html

 

[twacowfca]

Ford said it is recalling nearly 140,000 2013 Escape SUVs with 1.6-liter engines in the United States — and 161,333 worldwide — because of fires caused by overheating of the engine cylinder head, which can crack and leak oil. Ford said it had received reports of 13 fires, including one in Canada, stemming from the engine issue.

 

http://www.detroitnews.com/article/20131126/AUTO0102/311260052#ixzz2mo8SIk9R

 

Okay, is the NHTSA going to investigate the fires caused by internal combustion engines to consider whether they are safe enough for the road?

 

You've had Dick Van Dyke's Jaguar go up in smoke:

http://www.usatoday.com/story/driveon/2013/10/24/dick-van-dyke-jaguar/3177097/

 

You've had Paul Walker's Porche explode a minute after the collision:

http://www.nydailynews.com/entertainment/gossip/paul-walker-childhood-friend-pull-burning-porsche-article-1.1540597

 

There's a bazillion of these incidents...  And there have been what... 3 Tesla fires, all collision-related, and in all cases the driver walked from the scene?

 

Three Lamborghinis burn:

http://autos.yahoo.com/blogs/motoramic/trio-lamborghinis-burn-million-dollar-wreck-005325869.html

 

 

And then . . .  There is the lithium battery in the Dreamliner  . . .  And one firey Toyota accident on the freeway caused by unintended acceleration.  But Loyal Tesla owners will shrug this off.

[ERICOPOLY]

Ford said it is recalling nearly 140,000 2013 Escape SUVs with 1.6-liter engines in the United States — and 161,333 worldwide — because of fires caused by overheating of the engine cylinder head, which can crack and leak oil. Ford said it had received reports of 13 fires, including one in Canada, stemming from the engine issue.

 

http://www.detroitnews.com/article/20131126/AUTO0102/311260052#ixzz2mo8SIk9R

 

Okay, is the NHTSA going to investigate the fires caused by internal combustion engines to consider whether they are safe enough for the road?

 

You've had Dick Van Dyke's Jaguar go up in smoke:

http://www.usatoday.com/story/driveon/2013/10/24/dick-van-dyke-jaguar/3177097/

 

You've had Paul Walker's Porche explode a minute after the collision:

http://www.nydailynews.com/entertainment/gossip/paul-walker-childhood-friend-pull-burning-porsche-article-1.1540597

 

There's a bazillion of these incidents...  And there have been what... 3 Tesla fires, all collision-related, and in all cases the driver walked from the scene?

 

Three Lamborghinis burn:

http://autos.yahoo.com/blogs/motoramic/trio-lamborghinis-burn-million-dollar-wreck-005325869.html

 

 

And then . . .  There is the lithium battery in the Dreamliner  . . .  And one firey Toyota accident on the freeway caused by unintended acceleration.  But Loyal Tesla owners will shrug this off.

 

An Ohio man died while smoking near a gasoline powered lawnmower:

http://www.dailymail.co.uk/news/article-2459718/Ohio-man-dies-smoking-near-gasoline-powered-lawnmower.html

 

I bring this up because if the containment method of the type of fuel is relevant to it's safety, then you can't compare the Dreamliner battery to the Tesla's.

[hyten1]

another point of view a little old

 

http://aswathdamodaran.blogspot.com/2013/09/valuation-of-week-1-tesla-test.html

[fareastwarriors]

http://blogs.wsj.com/speakeasy/2013/12/11/tesla-moves-to-expand-charging-network-for-coast-to-coast-trips/?mod=WSJ_hps_MIDDLENexttoWhatsNewsForth

 

Tesla Moves to Expand Charging Network For Coast-to-Coast Trips

[Liberty]

Model S in Norway, winter driving:

 

[tyska]

Model S in Norway, winter driving:

 

 

Wow he gets everything provided for free when he drives a Tesla. Must be those magical Scandinavian money gnomes providing it all.  ;D

[Liberty]

Wow he gets everything provided for free when he drives a Tesla. Must be those magical Scandinavian money gnomes providing it all.  ;D

 

The US has some of those gnomes too. Superchargers are free to all Tesla customers everywhere, and many places provide access to HOV lanes and parkings for free for electric cars.

[ERICOPOLY]

Wow he gets everything provided for free when he drives a Tesla. Must be those magical Scandinavian money gnomes providing it all.  ;D

 

The US has some of those gnomes too. Superchargers are free to all Tesla customers everywhere, and many places provide access to HOV lanes and parkings for free for electric cars.

 

 

The orange cones are the Superchargers currently under construction -- the red dots are already completed:

 

http://www.teslawiki.net/supercharger/

 

 

[fareastwarriors]

http://www.bloomberg.com/news/2013-12-23/tesla-model-s-keeps-nhtsa-5-star-rating-amid-u-s-safety-review.html

 

Tesla Shares Rise After Model S Keeps NHTSA 5-Star Rating

[fareastwarriors]

 

 

 

 

 

Tesla: value components

 

 

 

 

 

It is not quite right to say that the US carmaker is now bigger than Fiat

 

 

Tesla had an amazing ride in 2013 – its shares rose more than 300 per cent. But has Elon Musk’s electric carmaker really become a larger company than Italian automaker Fiat as many headlines have asserted? Its market capitalisation of $17bn, compared with Fiat’s of less than $10bn, indicates so. But investors should recognise that equity value gives an incomplete picture of a company’s worth. It does not account for all the claims on a company’s assets and profits that would collectively give the correct indication of the business’s size.

 

 

 

Enterprise value – the value of the equity plus total debt, preferred stock and non-controlling interests, less cash and equity investments – is a superior measure. Fiat’s enterprise value is $27bn, according to S&P Capital IQ, while Tesla’s comes in at $21bn. (The latter company’s net debt is, in effect, zero.) Not only is Tesla smaller by this measure, but investors should note that it will sell only 20,000 cars in 2013 while Turin-based Fiat will sell a vastly larger 5m vehicles. A higher proportion of Fiat’s revenues and operating profits “belong” to holders of instruments that are not common equity – the Italian manufacturer has net debt of $15bn. This results from managers loading the company with borrowings and from the movement of its share price. Fiat has a market value/book value ratio of 1.1. By sharp contrast, Tesla’s market value/book ratio is 35.

 

This distinction between enterprise value and equity value goes to the heart of the objective of managers. Should they maximise enterprise value or equity value? The answer is nuanced. They should maximise equity returns. Fiat could issue equity in order to reduce debt. Enterprise value would be unchanged, but equity value would rise. But Fiat’s equity value per share would fall due to the dilutive nature of the newly issued equity.

 

In similar vein, Tesla could raise debt to buy back shares. Its total equity value would fall, but earnings per share accretion could boost its share price – and thus returns to the US carmaker’s shareholders. Financial engineering does not sell cars. But capital structure tweaks can nicely supplement the returns for shareholders.

 

 

 

http://www.ft.com/intl/cms/s/3/f9a1aa2c-65c5-11e3-8451-00144feabdc0.html#axzz2p5B5xEkz

[rkbabang]

... Fiat could issue equity in order to reduce debt .... Tesla could raise debt to buy back shares ...

 

I'd say the article got it completely backwards.  Fiat should be buying back shares, while Tesla should be issuing them by the boat load.

 

[Liberty]

Hour-long interview with Elon Musk and his brother, conducted by Jeff Skoll:

 

https://www.youtube.com/watch?v=_Kp6CMS9Uxc&list=TLFbj9TAw4Be1iIKHYriZhe6zD3_8TpTz6&noredirect=1

[ERICOPOLY]

GM truck fires:

 

http://money.cnn.com/2014/01/10/autos/gm-truck-recall/index.html?iid=HP_LN

 

Nice!

 

In the meantime, GM urged owners of the trucks in question "to avoid leaving their trucks to idle unattended."

[jeffmori7]

http://www.teslamotors.com/about/press/releases/tesla-revenue-expected-exceed-guidance-20-fourth-quarter

 

6900 tesla S this quarter.

[fareastwarriors]

Tesla in China to Charge $120,000 for Model S

Price Puts Electric Car in Middle of the Pack for Luxury Vehicles

 

http://online.wsj.com/news/articles/SB10001424052702304632204579337951016266742?mod=WSJ_business_whatsNews

[fareastwarriors]

http://www.bloomberg.com/news/2014-02-10/tesla-reaches-record-as-investors-anticipate-foreign-sale.html

[hyten1]

tsla should try to raise as much money as possible now

 

i guess the following could/might be the reason why they are not:

- they believe they don't need it, why dilute when you don't need to (this can both be right or it could be pride/greed)

- it might look bad

- no one is interested

 

 

if elon musk really want to insure the future of tsla now it is the time to raise boat load of cash ... unless they are working on selling this beast.