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 > Tesla Semi truck unveil & test ride set for Oct 26th !

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Reisender

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Posted: 01/22/20 01:57pm Link  |  Quote  |  Print  |  Notify Moderator

It comes down to what investors thinks the future holds. Most car manufacturers are seeing sales drop. Tesla can’t build enough fast enough. No other car manufacturer sells energy products like storage or solar. Other manufacturers spend billions on advertizing. Tesla spends pretty much nothing. Other manufacturers have to pay billions in fines for non compliant cars....or buy credits from another manufacture...like Tesla.

Are they over valued? Who knows. Check back in a few years. I’m sure sooner or later someone will build a competitor. So far all the Tesla killers are dead or dieing.

Competition is good. It will be interesting to see who steps up to the plate.

Yosemite Sam1

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Posted: 01/22/20 02:00pm Link  |  Quote  |  Print  |  Notify Moderator

Groover wrote:


There are numerous articles on this but here is one from this morning:

Bloomberg Tesla value

"While Musk’s skeptics are dubious that Tesla should be worth more than a carmaker that sold almost 30 times as many vehicles last year, Volkswagen’s own Herbert Diess isn’t so dismissive. He’s been arguably the most vocal CEO among traditional carmakers to praise Tesla and point to its role in a radical shakeup of the more than century-old auto industry."

As I said, I am not confident enough in it to invest my savings but on the other hand stock price now is based on what you think it will be worth in the future. Right enough people believe that Tesla has more potential than anyone else to create that price. A number of things could bring it down but a lot of good news has been coming out lately.


I should be among the shorts, skeptics and bashers as I've already unloaded my Tesla shares. I think it is frothy and I'm waiting for the irrational exuberance to cool down.

But Tesla is a disruptor like the Apple, Google, MSFT... and its stocks will be priced at a stiff premium.

And signals all over are positive for Tesla with their China and Europe gigafactory. Europe snap up every car that is shipped to the continent. They adjusted their price point to the more price-sensitive China market and the gigafactory has potential to supply the Tesla-thirsty pan Asia.

philh

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Posted: 01/22/20 06:23pm Link  |  Quote  |  Print  |  Notify Moderator

Yosemite Sam1 wrote:

We find it nuts too! Why won't MI allow it's citizens to buy their cars directly without the add-on profit by the dealers?

The government must be in their pockets or the puppets of dealers' lobbyists.

Strong franchise laws and a very politically connected dealer association.

time2roll

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Posted: 01/22/20 06:53pm Link  |  Quote  |  Print  |  Notify Moderator

philh wrote:

I don't understand the statement about service in MI. I frequently see a Tesla "service van" on my drive in to work in the morning. If it's not servicing Tesla, then what's it doing? I'm also curious about titling out of state. I can buy any other new vehicle across state line and if I understand correctly, it doesn't get titled in the other state first. The original article I think appeared in mlive... and they are like the CNN of mi news, lot of made up stuff.
Not sure NADA can stop the van. It is the permanent retail and service outlets that run foul of the current law.


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stsmark

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Posted: 01/22/20 06:54pm Link  |  Quote  |  Print  |  Notify Moderator

With their new wealth and access to capital from it I’d like to see Tesla make good on the Aug 2018 claim/ tweet that GF1 would be off Grid by the end of 2019. There’s a token amount of panels on the roof now.
Of course their neighbor happens to be an NV Energy (Berkshire) 1100 MW gas fired plant.

mich800

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Posted: 01/22/20 07:03pm Link  |  Quote  |  Print  |  Notify Moderator

time2roll wrote:

philh wrote:

I don't understand the statement about service in MI. I frequently see a Tesla "service van" on my drive in to work in the morning. If it's not servicing Tesla, then what's it doing? I'm also curious about titling out of state. I can buy any other new vehicle across state line and if I understand correctly, it doesn't get titled in the other state first. The original article I think appeared in mlive... and they are like the CNN of mi news, lot of made up stuff.
Not sure NADA can stop the van. It is the permanent retail and service outlets that run foul of the current law.


Correct. It is the direct sales that are tied up. I think most are probably purchasing in Chicago but only a guess. The direct sales restrictions need to be corrected.

Groover

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Posted: 01/22/20 09:26pm Link  |  Quote  |  Print  |  Notify Moderator

mich800 wrote:

time2roll wrote:

philh wrote:

I don't understand the statement about service in MI. I frequently see a Tesla "service van" on my drive in to work in the morning. If it's not servicing Tesla, then what's it doing? I'm also curious about titling out of state. I can buy any other new vehicle across state line and if I understand correctly, it doesn't get titled in the other state first. The original article I think appeared in mlive... and they are like the CNN of mi news, lot of made up stuff.
Not sure NADA can stop the van. It is the permanent retail and service outlets that run foul of the current law.


Correct. It is the direct sales that are tied up. I think most are probably purchasing in Chicago but only a guess. The direct sales restrictions need to be corrected.


Tesla is making progress. They can now sell in Michigan but the consumer has to title the vehicle first in another state then transfer it to Michigan. At best this is a bunch of unnecessary paperwork and fees but that is better than it has been. It used to be illegal in most places for anybody other than a licensed mortician to sell caskets but that has been fixed by federal law and can save the purchaser thousands of dollars. It may take a federal law to fix the car sales issue as well. It also used to be illegal to pump your own gasoline and now almost everyone does. We all need to stay on our governments to represent all of us, not just the campaign donors.

Michigan Tesla sales

8.1 Van

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Posted: 01/23/20 09:33am Link  |  Quote  |  Print  |  Notify Moderator

Elon Musk is Genius with Tesla Cybertruck Design

Why Rivian should be REAL Nervous

Tesla: The Optimization Machine (why Tesla will win)


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wilber1

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Posted: 01/23/20 10:56am Link  |  Quote  |  Print  |  Notify Moderator

Who wants a truck where you have to access everything from the tailgate because the sides are too high to lift anything over? Not me.


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Reisender

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Posted: 01/23/20 11:29am Link  |  Quote  |  Print  |  Notify Moderator

wilber1 wrote:

Who wants a truck where you have to access everything from the tailgate because the sides are too high to lift anything over? Not me.


Meh. With the height of trucks nowadays I would think many aces from the back. Heh heh. My wife at 5’6” could never access anything from the side in any of our trucks. Besides with today’s tonneau covers you still have to go to the back to unfasten it and start folding it back. With the cybertruck you just push a button.

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