ERICOPOLY Posted October 4, 2013 Share Posted October 4, 2013 Letter by Elon Musk about the accident: http://www.businessinsider.com/model-s-fire-elon-musk-2013-10 Yeah, I'm glad he made this point: Had a conventional gasoline car encountered the same object on the highway, the result could have been far worse. A typical gasoline car only has a thin metal sheet protecting the underbody, leaving it vulnerable to destruction of the fuel supply lines or fuel tank, which causes a pool of gasoline to form and often burn the entire car to the ground. In contrast, the combustion energy of our battery pack is only about 10% of the energy contained in a gasoline tank and is divided into 16 modules with firewalls in between. As a consequence, the effective combustion potential is only about 1% that of the fuel in a comparable gasoline sedan. Link to comment Share on other sites More sharing options...
ItsAValueTrap Posted October 6, 2013 Share Posted October 6, 2013 Sometimes what happens is that a company will continually do equity offerings. After an equity offering, the underwriters want to see the stock go up in the short term so that their clients get immediate gratification out of buying the shares. They may put pressure on their analysts to promote the stock, either publicly or privately. This can turn into a self-reinforcing cycle where the higher share price attracts more investors, makes the company want to sell more overpriced shares, etc. etc. That behaviour is pyramid scheme-like and is ultimately unsustainable. Link to comment Share on other sites More sharing options...
Palantir Posted October 6, 2013 Author Share Posted October 6, 2013 I think Tesla should do a followup offering...if buybacks below IV are accretive to shareholders, shouldn't dilutions above IV be accretive as well? Link to comment Share on other sites More sharing options...
TwoCitiesCapital Posted October 6, 2013 Share Posted October 6, 2013 I think Tesla should do a followup offering...if buybacks below IV are accretive to shareholders, shouldn't dilutions above IV be accretive as well? It's accretive for the company and for long term shareholders who bought at a low enough value, but for all other shareholders it is destructive when the price of the company is largely built on hope of future earnings growth that won't accrue to them now that they're sharing profits with s many more people. Link to comment Share on other sites More sharing options...
JBird Posted October 6, 2013 Share Posted October 6, 2013 I think Tesla should do a followup offering...if buybacks below IV are accretive to shareholders, shouldn't dilutions above IV be accretive as well? Yes It's accretive for the company and for long term shareholders who bought at a low enough value, but for all other shareholders it is destructive when the price of the company is largely built on hope of future earnings growth that won't accrue to them now that they're sharing profits with s many more people. Do you disagree that a stock issuance at a price significantly above per-share intrinsic value will increase per-share intrinsic value? Link to comment Share on other sites More sharing options...
ERICOPOLY Posted October 7, 2013 Share Posted October 7, 2013 Letter by Elon Musk about the accident: http://www.businessinsider.com/model-s-fire-elon-musk-2013-10 Good information, thanks! I was thinking about this discussion last night when I saw the movie Rush. Nikki Lauda would probably rather crash in a Tesla if he were going to do it again. It also made me think about the fires in the Ferrari's of recent years: http://jalopnik.com/5914282/ferrari-ff-catches-fire-on-polish-freeway http://wreckedexotics.com/articles/056-458-brazil.shtml Link to comment Share on other sites More sharing options...
rkbabang Posted October 7, 2013 Share Posted October 7, 2013 I think Tesla should do a followup offering...if buybacks below IV are accretive to shareholders, shouldn't dilutions above IV be accretive as well? When a company's stock is this overvalued and the company can really use the money to pour into R&D, I'd agree. Long term it will be better for even the current shareholders. At these prices they should be looking at diluting the stock 50-100% and really raise some cash. Link to comment Share on other sites More sharing options...
rkbabang Posted October 24, 2013 Share Posted October 24, 2013 Elon Musk, not mincing words: “Fuel cells are so bullshit.” Tesla, SpaceX CEO Elon Musk: ‘Fuel cells are so bullshit’ (and he’s right) Link to comment Share on other sites More sharing options...
Liberty Posted October 24, 2013 Share Posted October 24, 2013 We're seeing the new pecking order. Apple can hire from whoever they want. But Tesla can hire from Apple :) http://www.teslamotors.com/about/press/releases/tesla-hires-apple-vp-doug-field-lead-vehicle-programs Link to comment Share on other sites More sharing options...
JBird Posted October 24, 2013 Share Posted October 24, 2013 http://www.bloomberg.com/video/elon-musk-tesla-stock-price-more-than-we-deserve-zf2ULoeGTWeP~~WaUpI1Uw.html Link to comment Share on other sites More sharing options...
fareastwarriors Posted November 1, 2013 Share Posted November 1, 2013 http://www.bloomberg.com/news/2013-11-01/tesla-s-stock-surge-hits-pothole-in-october-cars.html Tesla’s Stock Surge Hits $4.1 Billion Pothole in October Link to comment Share on other sites More sharing options...
fareastwarriors Posted November 6, 2013 Share Posted November 6, 2013 Tesla Retreats After Sales Miss Some Analysts’ Estimates http://www.bloomberg.com/news/2013-11-05/tesla-posts-third-quarterly-profit-on-model-s-boost.html Model S deliveries totaled about 5,500 in the third quarter, the company said in a statement yesterday on its website. Brian Johnson, an auto analyst at Barclays Plc, had expected 5,820 Model S sales. Dan Galves of Deutsche Bank AG estimated the company would ship 5,850 cars in the quarter. Link to comment Share on other sites More sharing options...
fareastwarriors Posted November 7, 2013 Share Posted November 7, 2013 Another fire... http://www.cnbc.com/id/101180014 Link to comment Share on other sites More sharing options...
fareastwarriors Posted November 12, 2013 Share Posted November 12, 2013 Tesla not planning a Model S recall: Source http://www.cnbc.com/id/101192173 Link to comment Share on other sites More sharing options...
ERICOPOLY Posted November 12, 2013 Share Posted November 12, 2013 There has not yet been a fire that was not caused by collision and physical damage to the battery pack. It has not yet, for example, demonstrated the ability to set itself on fire when just driving along -- primarily because it does not have this extremely hot thing called an internal combustion engine: http://www.mibz.com/13968-shocking-a-porsche-911-turbo-caught-on-fire-suddenly-in-usa.html The driver of a Porsche 911 Turbo has encountered problems while commuting to the office. His car caught fire and the flames were quickly extended to the model cloth roof after they have expanded rapidly in tight engine compartment of athletes from Stuttgart. It appears the fire started to the engine, but its exact causes are not known yet. Link to comment Share on other sites More sharing options...
Liberty Posted November 12, 2013 Share Posted November 12, 2013 I know this has already been posted, but worth posting again: http://www.nfpa.org/research/fire-statistics/the-us-fire-problem/highway-vehicle-fires So if you had 20% market share, you could expect around 37,000 of your cars to catch on fire each year. Imagine if the media covered each one... Link to comment Share on other sites More sharing options...
fareastwarriors Posted November 12, 2013 Share Posted November 12, 2013 http://www.nytimes.com/2013/11/13/business/energy-environment/electric-cars-give-rise-to-a-recharging-industry.html?ref=international Electric Cars Give Rise to a Recharging Industry Link to comment Share on other sites More sharing options...
fareastwarriors Posted November 19, 2013 Share Posted November 19, 2013 http://www.bloomberg.com/news/2013-11-18/tesla-falls-amid-california-factory-probe-san-francisco-mover.html Tesla Falls Amid California Factory Probe Link to comment Share on other sites More sharing options...
jeffmori7 Posted November 19, 2013 Share Posted November 19, 2013 Good post by Elon Musk on the safety of Tesla S and bad journalism... http://www.teslamotors.com/blog/mission-tesla Link to comment Share on other sites More sharing options...
Guest valueInv Posted November 19, 2013 Share Posted November 19, 2013 Good post by Elon Musk on the safety of Tesla S and bad journalism... http://www.teslamotors.com/blog/mission-tesla Probably the quality I. Admire about Musk the most is that he speaks his mind. He does not hold back. Link to comment Share on other sites More sharing options...
JBird Posted November 19, 2013 Share Posted November 19, 2013 Good post by Elon Musk on the safety of Tesla S and bad journalism... http://www.teslamotors.com/blog/mission-tesla Thanks for posting. It's interesting that a car company can be worth $24 billion in October and $15.5 billion in November because of three car fires. I imagine it has something to do with over-optimism and a failure to understand base rates. Link to comment Share on other sites More sharing options...
fareastwarriors Posted November 20, 2013 Share Posted November 20, 2013 http://www.bloomberg.com/news/2013-11-20/tesla-tweaks-model-s-to-avert-recall-seen-damaging-image.html Tesla Tweaks Model S to Avert Recall Seen Damaging Image Link to comment Share on other sites More sharing options...
fareastwarriors Posted November 22, 2013 Share Posted November 22, 2013 Musk Claim of Fewer Tesla Fires Questioned in MIT Report http://www.bloomberg.com/news/2013-11-21/musk-claim-of-fewer-tesla-fires-questioned-in-mit-report.html Tesla Model S Tops Consumer Reports Survey of Owners http://www.bloomberg.com/news/2013-11-21/tesla-model-s-tops-consumer-reports-survey-of-owners.html Link to comment Share on other sites More sharing options...
meiroy Posted November 26, 2013 Share Posted November 26, 2013 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. " Link to comment Share on other sites More sharing options...
rkbabang Posted November 26, 2013 Share Posted November 26, 2013 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. " The utilities are clearly scared. And I think with good reason. Maintaining a huge network of power lines running everywhere and fixing them every time there is a snow storm or a windy day just isn't going to be economically feasible someday. And I have a feeling that this someday is going to be closer than most people think. Link to comment Share on other sites More sharing options...
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