July 19, 2018
CNBC had this headline yesterday : "Short Tesla, long internal combustion engine" !
This was the headline of a Barrons' story yesterday: "Tesla Could Be Doomed by Earning Money"
Nothing Tesla does will please Wall Street.
They’re an unprofitable automaker with too much profit per car that has no demand but too much forecasted cash inflow and may go bankrupt on Saturday
https://twitter.com/gwestr/status/1019674990235570179
Touring Tesla’s Model 3 production line, ‘the machine to build the machine’
Robots from suppliers Kuka and Fanuc — 1,028 machines in all — spin parts, screw in bolts and weld, sparks flying behind the plexiglass. Flashing red and yellow lights at each work station will signal when a particular robot requires maintenance, while a green light indicates smooth operation. Meanwhile, there’s almost as much activity — again, automated — happening overhead as there is on the floor.
“You pay for space in cubic feet — you might as well use it,” Mwangi said.
https://www.sfchronicle.com/business/amp/Touring-Tesla-s-Model-3-production-line-the-13089341.php
Wall Street Journal (!):
The Tesla brand has its share of haters, but none have yet driven the new Model 3 Performance—until now. Dan Neil takes a first turn behind the wheel of the dual-motor dynamo
I’m no financial analyst, but I do know cars. If you were hoping Tesla would fail on account of the Model 3 I’ve got bad news: This thing is magnificent, a little rainbow-farting space ship, so obviously representative of the next step in the history of autos. I know there are a lot of Tesla bears, haters and cynics out there. Tesla boss Elon Musk makes it easy. But in the spirit of charity I think we can all agree many brilliant people are putzes.
Show me another car with an all-glass roof and five-star rollover crash rating. Point out another $80,000 sedan that out-clouds a Rolls-Royce, out-punches a Porsche Boxster and gets an electric equivalent of 116 mpg. You can’t, unless you’re building something in your garage we don’t know about.
https://www.wsj.com/articles/first-ever-review-of-the-tesla-model-3-performance-a-thrilling-modern-marvel-1532022533?redirect=amp#click=https://t.co/jwq5NMmVziElon Musk: Thanks Dan, you are a tough reviewer, so this means a lot coming from you. Please lmk even smallest nuance that can be improved.
https://twitter.com/elonmusk/status/1020067893222858752—
<<@Danneilwsj, who up until now has been crowing about how $TSLA's Model 3 would be a mass market miracle, test drives a version costing $78K. What's the addressable market at that price, Dan?>>
“about 300,000 cars a year.”
https://twitter.com/danneilwsj/status/1020038003350212608
At some point someone’s going to clue in that the Model 3 is now outselling the Mercedes-Benz C-Class, the BMW 3 Series, and Audi A4. And it’s on the verge of outselling the entire Volvo lineup. And the entire Acura lineup. And the entire Cadillac lineup, and...
https://twitter.com/mtndrew1/status/1020067391470907392—-
Tesla spokesperson, regarding the earlier Needham downgrade note, says "The Notion That Model 3 Cancellations Are Outpacing Orders Is Unequivocally False”
Elon Musk: Dunno where this bs is coming from. Who knows about the future, but last week we had over 2000 S/X and 5000 Model 3 *new* net orders.
https://twitter.com/elonmusk/status/1020108713061855233