Gov. Polis ruined Colorado.

[TacoMac]

GM and Fiat Chrysler Unmasked as Tesla's Secret Source of Cash.....
Tesla’s Haul
Tesla has generated almost $2 billion in revenue from selling regulatory credits since 2010. Its home state of California has a mandate that requires carmakers to sell zero-emissionvehicles, or ZEVs, in proportion to their share of the state’s auto market, which is the largest in the country.

If manufacturers don’t sell enough non-polluting vehicles, they have to purchase credits from competitors like Tesla to make up the difference. A similar credit system is administered at the federal level by the EPA and National Highway Traffic Safety Administration.

In addition to reporting $216 million in first-quarter revenue from the sale of regulatory credits, the carmaker disclosed in an April filing that it had booked $140 million in deferred revenue related to credit sales.

It’s unclear from the filing whether that revenue relates to the U.S. agreements that Tesla reached with GM and Fiat Chrysler, or the EU deal with Fiat Chrysler. Tesla hasn’t reported deferred revenue of credits in past quarterly or annual financial filings.

https://www.bloomberg.com/news/articles/2019-06-03/tesla-s-secret-source-of-cash-unmasked-as-gm-and-fiat-chrysler

Elon Musk playing chess, while other car makers playing checkers...

You do understand that's very, very bad for Tesla, don't you?

When it comes to light that nearly 20% of your income is coming from selling carbon credits, not cars and solar systems, that is NOT GOOD.

What's more, when you have more bad reviews on your service and cars than good, that's not good either:



And of course you have a lousy record at the Better Business Bureau:

 

[londonfog]

ok Tesla has now reach a sell off point for me. I will pick up again , but after this tariff war and back lash from China and America products. Having Trump in office does not help. I hate doing it but I have to make the smart play. Will reevaluate in 6 months. Still don't think the company will go under. Now is just not the right time to profit off Tesla.
Yes sometimes I can be wrong and when monies are involved its best to admit early.

 

[TacoMac]

ok Tesla has now reach a sell off point for me.

AFTER losing 53% of it's value in 6 months?

And I'm the one that doesn't know what he's talking about?

HAHAHAHAHAHAHAHAHAHAHAHAHA!!!!

 

[londonfog]

AFTER losing 53% of it's value in 6 months?

And I'm the one that doesn't know what he's talking about?

HAHAHAHAHAHAHAHAHAHAHAHAHA!!!!

I had my reasons. and tariffs hurt. too many factors right now going against a profit.
still a win with a 150+ buy. Will more than likely pick back up after Trump gets done fucking up
Tariff war is hurting Apple, Intel, Qualcomm..etc as well . Only safe stock is defense.

 

[TacoMac]

I had my reasons. and tariffs hurt. too many factors right now going against a profit.
still a win with a 150+ buy. Will more than likely pick back up after Trump gets done fucking up
Tariff war is hurting Apple, Intel, Qualcomm..etc as well . Only safe stock is defense.

Wrong.

No tariffs have gone into effect yet against Tesla. It's primarily agriculture that has been targeted by China. Tariffs aren't hurting Qualcomm either. The sanctions against Huawei for criminal activity are. Tariffs aren't effecting Apple at all either. Apple stock is tanking because of an upcoming anti-trust investigation among other things.

And you didn't "win" by buying at 150. You lost 150% of your profit by completely ignoring the facts and fangirling the entire time the stock sank non-stop for month after month after month after month after month after month.

It's abundantly clear you know as much about investing as I do about open heart surgery.

 

[CannaBruh]

charts go up charts go down

 

[TacoMac]

charts go up charts go down

Not in Tesla's case the last 6 months. It's been pretty constantly down. To the tune of 53% of it's value.

 

[CannaBruh]

Not in Tesla's case the last 6 months. It's been pretty constantly down. To the tune of 53% of it's value.

I see you had to qualify your statement with some time duration... note that without that constraint my statement stands. Good day.

 

[CannaBruh]

The short interest in Tesla is very high, perhaps rightly so, the earnings sheet sucks I'll concede that.
But markets gonna market.
All it takes is a whiff of some something and this thing is primed for a nice squeeze to the upside.
Maybe it goes to zero and maybe wall st has a little too much blue chew going to sustain this hard on for shorting this thing...

 

[TacoMac]

All it takes is a whiff of some something and this thing is primed for a nice squeeze to the upside.

That's the only thing that had the stock doing anything to begin with: a constant barrage of tweets promising outrageous claims that never came true.

That ship has sailed. That's a large part of why the stock has been in constant downturn for half a year now. I'll just leave this here - from page 5 of this same thread:

Tesla's sales tanked by 40%. The "new" is over, and with every other maker releasing cars as good and better than Tesla, it's all down hill for them now.

And here's my post from August of last year:

No, because anybody that actually follows things knows.

Tesla has, to this day, never come close to making a profit. Ever. In fact, it's several billion dollars in the hole.

Elon Musk has promised projection after projection after projection and has never to this day met a single one of them. As of right now, they lose about 8,000 dollars on every car they sell.

It gets worse.

Musk is now under investigation by the SEC. Chances are, he's going to be fined clear to Mars and may well be kicked out of his own company in much the same way Martha Stewart was. The guy has gone completely off the deep end, spouted things out of his mouth that aren't only untrue, but are in fact illegal.

Tesla was a good idea. In the hands of someone stable, it MIGHT have worked. But all it has become is a stunt program to sucker people out of money. It has, to this day, never met one single projection, one single quota, or one single promise.

That's why it's lost about 5 billion dollars in value in just the last couple of days.

It's only going to get worse.

I've called it all along for nearly a year now.

 

[Grandpapy]

The short interest in Tesla is very high, perhaps rightly so, the earnings sheet sucks I'll concede that.
But markets gonna market.
All it takes is a whiff of some something and this thing is primed for a nice squeeze to the upside.
Maybe it goes to zero and maybe wall st has a little too much blue chew going to sustain this hard on for shorting this thing...

Yep, the power of suggestion is mighty.

President Donald Trump’s tariff on imported solar panels has led U.S. renewable energy companies to cancel or freeze investments of more than $2.5 billion in large installation projects, along with thousands of jobs, the developers told Reuters.

Enter Freedom Gas.

 

[ttystikk]

You do understand that's very, very bad for Tesla, don't you?

When it comes to light that nearly 20% of your income is coming from selling carbon credits, not cars and solar systems, that is NOT GOOD.

What's more, when you have more bad reviews on your service and cars than good, that's not good either:

View attachment 4344922

And of course you have a lousy record at the Better Business Bureau:

View attachment 4344925

Tesla uses the Apple model of customer service; if it's broken, just buy a new one!

You should check out the YouTube channel Rich Rebuilds. Watching those clips has cured me of wanting any of Tesla's current offerings. Case in point from a recent video; the use of cheap LCD screens that leak- all over other poorly placed electronic components, which then interfere with basic functions of the car such as being able to engage the fucking parking brake?!?

He showcases a lot of people using Tesla components, chiefly motors and batteries, to build their own electric conversions and those cars are sick! I predict the wide availability of such components as owners get sick of all the excess electronics failing...

 

[londonfog]

Wrong.

No tariffs have gone into effect yet against Tesla. It's primarily agriculture that has been targeted by China. Tariffs aren't hurting Qualcomm either. The sanctions against Huawei for criminal activity are. Tariffs aren't effecting Apple at all either. Apple stock is tanking because of an upcoming anti-trust investigation among other things.

And you didn't "win" by buying at 150. You lost 150% of your profit by completely ignoring the facts and fangirling the entire time the stock sank non-stop for month after month after month after month after month after month.

It's abundantly clear you know as much about investing as I do about open heart surgery.

Wow are you stupid or dumb. Are you saying news and threats of tariffs does not have an affect on the stock market ? You do realize that aluminum and steel are taking a hit on this. Taco believes that investors need not be aware of the influence of tariffs on their investments. Ask SunPower how fucking wrong you are. Ask Alcoa how stupid you sound. Try fuckin Whirlpool about your idiotic statement. Even Coca-Cola taking a hit with the cans you fucking idiot, as well as Coors. and your
'know it all ass" need to do your home work and pay attention to Qualcomm, they needed approval from 8- 9 markets to acquire NXP, but guess who sat on the vote until it expired... CHINA and why... tariffs threats from Trump. I suggest you take a look on just how much Qualcomm revenue is from China.
Anytime you want to compare portfolios and profitability let me know.

 

[ttystikk]

Not in Tesla's case the last 6 months. It's been pretty constantly down. To the tune of 53% of it's value.

https://wolfstreet.com/2019/05/28/how-a-low-share-price-would-be-fatal-for-tesla-and-why-musk-has-to-pump-it-up-come-hell-or-high-water/

And the dominoes fall...

 

[doublejj]

• 
  Tesla’s outpacing its electric car competitors, with May demand for Model 3 surprising Wall Street
  
• 
  
• The month of May saw Tesla continue “to extend its lead vs. a still-small group of true [electric vehicle] competitors,” Morgan Stanley analyst Adam Jonas wrote in a note to investors.
• Morgan Stanley noted that Tesla’s estimated total U.S. sales of 11,300 vehicles in May was 2.6 times the combined total of its competitors’ electric vehicle offerings.
• “More Model 3s were registered in April and May than during all of the first quarter,” JMP Securities says.
• https://www.cnbc.com/2019/06/05/tesla-outpacing-ev-competitors-as-may-demand-surprises-analysts.html

 

[doublejj]

Tesla could be profitable any time Elon chooses just by scaling back infrastructure expansion. Tesla is still a start-up company developing it's production facilities, building factories and developing new product lines, that takes money. Tesla's on a mission and it's not to turn a huge profit.

 

[captainmorgan]

Tesla has sold 1/3 of all plug in electric cars sold in the last 8 years.

 

[TacoMac]

Tesla could be profitable any time Elon chooses just by scaling back infrastructure expansion.

So, he's intentionally lying to his share holders? Wow. Who knew?

Tesla is still a start-up company developing it's production facilities, building factories and developing new product lines, that takes money.

16 years in business and blowing over 19 billion dollars and still carrying 9 billion dollars in debt is a far, far, far cry from being a startup. It's actually closer to being a Ponzi scheme.

Tesla's on a mission and it's not to turn a huge profit.

You're the only person on the planet that has ever said that. After all, Elon Musk has pocketed billions for himself. He's on a mission alright...to bilk the share holders out of every single cent he can before it all goes belly up.

What's more, if he pisses China off one more time with his bullshit, they'll seize his factory, kick his ass out of the country forever, and point and laugh at him the entire time.

How stupid do you have to be to think you can use social media in China to spread bullshit and break the law?

Ask Elon Musk. He now knows.

 

[doublejj]

if the stock prices get any lower Elon should just buy it out and take Tesla private....enough with this BS

 

[TacoMac]

if the stock prices get any lower Elon should just buy it out and take Tesla private....enough with this BS

He doesn't have the money.