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TSLA - Tesla Inc

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Administrator, Mar 21, 2016.

  1. TomB16

    TomB16 Active Member

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  2. Onepoint272

    Onepoint272 Well-Known Member

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    https://finance.yahoo.com/news/1-china-exempt-tesla-cars-121853911.html?.tsrc=rss

    BEIJING, Aug 30 (Reuters) - China will exempt Tesla Inc's electric vehicles (EV) from purchase tax, the Ministry of Industry and Information Technology (MIIT) said on its website.

    China currently levies a 10% purchase tax on the sale of each vehicle. The move could reduce the cost of buying a Tesla car by up to 99,000 yuan ($13,957.82), according to a post on Tesla's social media WeChat account.

    Tesla's pre-market share price jumped more than 5% after the announcement.

    Sixteen variants - all the Tesla models sold in the country - are listed on the document issued by MIIT, including Model S, X and 3. No reason was given for the decision to exclude the cars from the tax.

    The U.S. EV maker is building a plant in Shanghai, the firm's first overseas factory.
     
  3. Onepoint272

    Onepoint272 Well-Known Member

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    Gap and crap. At least some Chinese Communist Party leaders made some ching today.
     
    bigbear0083 likes this.
  4. TomB16

    TomB16 Active Member

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    Yet another Tesla killer has started publishing data. This one is the Atlis XT truck.

    - on the market in 2020
    - 500 mile range
    - full charge in 15 minutes

    https://www.atlismotorvehicles.com/xt-truck


    They might as well have also claimed it can levitate.
     
    #1104 TomB16, Aug 31, 2019
    Last edited: Sep 1, 2019
    Bodacious and T0rm3nted like this.
  5. TomB16

    TomB16 Active Member

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    I don't see any visible exterior changes at GF3, this week. It remains in the same almost done state it was a week ago.

    Inside, however, lots of robots have been installed. The general assembly line must be near completion. I have no idea about the other assembly lines, as I have no visibility to those.
     
    T0rm3nted likes this.
  6. TomB16

    TomB16 Active Member

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    I should clarify the significance of general Assembly and what it brings to production.

    GA is probably 20% of the assembly process of a car. Maybe less.

    Tesla build their own seats. They are the only major manufacturer to do so. They have a factory for this, although few know about it. Building a seat takes a lot of time. The factory that does the interiors is responsible for a significant portion of the effort that goes into building a car.

    There is also a line to build the rear frame of the car. This is what Elon has been talking about eliminating with a single, large, casting. It would save time and expensive robotics.

    They also have a driveline assembly line where they wind motors, assemble transmissions (only one gear), assemble the inverter, differential, etc

    They also have a dash assembly facility for the bulk of the dash, computers, HVAC, etc.

    Of course, there is a battery module line and a battery pack line.

    The general Assembly line does not work with raw materials. General Assembly is the final step of fiting together manufactured pieces into the form of a car. It's the last step before the finished Car is sent to quality control.

    Because of the modular approach to automobile production, we have no way to know how significant the Chinese model 3 at the ai convention is. We can be pretty confident the body and chassis was built in Shanghai. The origin of the rest of the components is not known at this time.

    As I understand it, battery module and pack production is the most energy intense portion of manufacturing. This makes it unlikely the ai convention Model 3 is using lg batteries with a gf3 assembled pack, as the substation is not yet online. They probably have sufficient power to build a few packs though,so who knows.
     
    #1106 TomB16, Sep 1, 2019
    Last edited: Sep 1, 2019
  7. StockJock-e

    StockJock-e Brew Master
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    Anybody here compare the rates? Im curious to know what they average is.

    "Starting today, we're launching Tesla Insurance, a competitively priced insurance offering designed to provide Tesla owners with up to 20 percent lower rates, and in some cases as much as 30 percent," Tesla announced on its website last week.
     
    T0rm3nted likes this.
  8. TomB16

    TomB16 Active Member

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  9. StockJock-e

    StockJock-e Brew Master
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    Porsche debuts Tesla’s newest competition with the all-electric Taycan sports car for $150,900

    • Porsche unveiled its first fully electric car, the Taycan, at simultaneous events in Germany, China and Niagara Falls, Ontario, on Wednesday.
    • The Taycan Turbo starts at $150,900 with the more powerful Taycan Turbo S at $185,000.
    • That’s far higher than the most expensive Tesla Model S which can top out just over $100,000.
    https://www.cnbc.com/2019/09/04/por...competition-with-the-all-electric-taycan.html
     
  10. StockJock-e

    StockJock-e Brew Master
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    $150k all electric Porsche! I like what the future looks like!
     
  11. StockJock-e

    StockJock-e Brew Master
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    Come on $230, lets go
     
  12. TomB16

    TomB16 Active Member

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    Someone in another discussion group mentioned Tesla is likely to announce the pickup truck late this month. It was someone I know and this person has a bit of credibility but I don't know how much respect to give that prognostication.

    I don't know what showing the pickup truck to the world will do to the market cap. On the one hand, it seems positive but, on the other, I have no confidence in Tesla's ability to design a real truck. I am expecting a unibody with a tiny box, dark windows, and low profile tires.

    On the other hand, look at how popular the model x is and that thing is hideous.

    This, coming from a Tesla fan boy. Lol
     
    Bodacious likes this.
  13. StockJock-e

    StockJock-e Brew Master
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    It depends on the price and what kind of mileage it gets.

    We know its going to put out more torque than anything else out there, this could be a game changer for some.
     
    Bodacious and TomB16 like this.
  14. TomB16

    TomB16 Active Member

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    One of the best arguments in favor of Tesla's future has to be how much every other maker is talking about Tesla. The trash talk is ridiculous. Meanwhile, Tesla keeps steaming along with new products and finishing a factory that will eventually double their production.

    At this point, I can't see Faraday future surviving into 2020. I hope they can pull it out but they will be extremely lucky to survive at all, never mind being a Tesla killer.
     
  15. TomB16

    TomB16 Active Member

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    By the way, Britain now requires an EV charger on all new homes.

    The Model 3 started selling in Britain earlier this month and it entered the charts as the third best selling car in Britain.
     
  16. Onepoint272

    Onepoint272 Well-Known Member

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    I'm gonna buy it when it gets to $10.
     
    Three Eyes likes this.
  17. emmett kelly

    emmett kelly Well-Known Member

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    You're a funny man. An uncle of mine (not the deceased one that gave me all of his Wyckoff tapes) and I text frequently about stocks. Any time I mention Tesla his immediate response is something derogatory about Musk. Today I told him how popular Teslas are out here in LaLa Land and he said he'd be afraid to ride in anything that Musk built. I mentioned Musk's rockets to that he replied he's not riding in anybody's rocket, so Musk got off light on that one. Anyway, my point is that his opinion of Musk is probably shared by the vast majority of Americans, at least those my uncle's age, which is mid 80s.
     
    TomB16 and Onepoint272 like this.
  18. Three Eyes

    Three Eyes 2018 Stockaholics Contest Winner

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    We can collect $60 per contract for selling the June 2021 puts @ 10 strike!

    Screenshot 2019-09-07 at 4.10.24 AM.png
     
    Onepoint272 likes this.
  19. Onepoint272

    Onepoint272 Well-Known Member

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    But of course, selling puts is a bullish position. It is noteworthy however, that there is an active market down at those strikes and the open interest at $5 is intriguing. Perhaps while I'm waiting for $10 on the underlying, I should buy those $5 Ps.:cool:
     
    #1119 Onepoint272, Sep 7, 2019
    Last edited: Sep 7, 2019
    Three Eyes likes this.
  20. TomB16

    TomB16 Active Member

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    One of the reasons I am so positive about Tesla's Chinese expansion is that Tesla needs to move into markets that are not as openly hostile. There are anti-change people everywhere in the world but I don't think any country has such a high ratio as the USA.

    If Tesla was selling solely in the US, the anti-Tesla crowd would have a low but real chance of killing it in time.

    Anyone who has lived with an electric car understands the convenience, simplicity, and economy will kill internal combustion vehicles over time. Right now, Tesla dominates the EV market. It's theirs to lose. History shows us that larger leads have been squandered but Tesla appears to be in good shape to continue to dominate the EV market.
     
    T0rm3nted likes this.

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