Tesla Inc (TSLA)

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Tesla offering a EUR6k discount (13.3%) on its Model Y in Germany. Q1-24 gross margin was 17.4% and EBIT margin was 5.5%. Selling cars at a loss (this is at decent factory utilisation levels and assuming accounting is ok) - makes no sense, unless they need cash..

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Plaid Owner 36 minutes ago

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Norway's Sovereign Wealth Fund, which owned approximately 0.98% of $TSLA shares worth $7.72 billion at the end of 2023, is voting against Tesla CEO Elon Musk's $56 billion pay package

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Plaid Owner 49 minutes ago

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Tesla Sales in Germany Crash 64% in May to 1,896 Units

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Plaid Owner 50 minutes ago

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I believe a yes vote will be far more bearish than a no vote. Elon likely won’t leave after a no vote. But, a yes vote will deliver prolonged litigation, massive potential dilution, and the continued overhang of him threatening to leave without 25% of the vote. Plus, the active institutional no votes may sell their positions! The down-move on a Yes vote could be beyond stunning and I’ll bet it is! $TSLA

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Okun Resources 6 hours ago

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Tesla’s future affordable car appears to be far from dead. CEO Elon Musk made this clear during the first quarter earnings conference call. To recap, during the call he discussed future low-cost cars — albeit briefly — specifying that the new “affordable” vehicles are based on aspects of both the next-generation platform and current platforms. And that Tesla will “accelerate the launch of new models” to “early 2025 if not late this year.” The models “are not contingent on any new factory or massive new production line.”

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Pc Kc 13 minutes ago

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Old news and debunked. Can't just launch new models on a whim. Just getting all the approvals and certifications will take over a year. Takes around 3 years to launch a new vehicle. He just said all that to keep the stock from falling. Unless he means a stripped down version of the 3 and Y which are too old and no more demand.

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Okun Resources 8 hours ago

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Tesla Expands Partnership With Baidu Tesla is also planning to expand its partnership with Chinese tech giant Baidu (BIDU) to assist with mapping and navigation for Tesla's operations in China. Partnering with a Chinese company may help ease the Chinese government's concerns about data security. Great!

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Pc Kc 11 minutes ago

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Old news and no won't ease anything. Unless they store data in China. Which will take billions of dollars and Nvidia chips that are banned for China to build another China Dojo. So no, it'll be more cash burn so bad news.

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Okun Resources 8 hours ago

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Elon Musk reportedly won tentative approval to deploy Tesla's Full Self-Driving system in China. Tesla is also set to expand its partnership with Chinese tech giant Baidu to help with mapping and navigation.

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Pc Kc 9 minutes ago

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That's just too catch up to the local China made EVs which come with free autonomous driving. They've been behind due to regulation. So more cash burn just to keep up.

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Okun Resources 8 hours ago

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Tesla cars use copper, expensive as Across the industry, manufacturers have been reusing and recycling some degree of copper for many years. Now they’re stepping up these efforts as the need for the metal is projected to nearly double by 2035.

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Okun Resources 8 hours ago

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Great robotaxi as The Logic Behind the Low-Cost Lease: The lease is so compelling that it doesn’t seem to make sense on its surface, according to Ryan. “They’re subsidizing this in some way, shape, or form,” he said. Tesla is saying in effect, “‘we’re going to make our lease deal twice as good as our purchase deal but you have to give us our car back. Which could [suggest] that they want it for the Robotaxi,” he said, alluding to the fact that you have to return the car at the end of the lease.

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Pc Kc 5 minutes ago

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Very bad news as any car sold today won't be approved mass market for FSD. It'll take another 10 years of red tape to fight the legacy auto makers and dealership from lobbying the govts to ban FSD until they are ready. Canada, BC is the first and definitely not last to ban. Maybe one or 2 cities in the States and probably 5 worldwide will approve limited geo locked locations. The rest will have to wait till legacy auto catches up. By then FSD won't matter cause everyone will have.

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Plaid Owner 16 hours ago

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Tesla Sales in Germany Crash 64% in May to 1,896 Units -

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