Re:Tesla Third Quarter 2018 Update [pdf]
by paulpauper on Wednesday October 24, 2018 @07:00PM
(#18297208)
Amazing how quickly things can change with Tesla. Just a month ago the sky seemed to be falling, with constant negative press news about the SEC, concerns over Elon Musk's mental health, Tesla losing money, and so on. Had someone shorted Tesla just a week ago based on the media's pessimism, they would be down 20%. of course, Tesla could face problems, but this was a really solid earning report that dispels a lot of the gloom we have been seeing lately.
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Re:Tesla Third Quarter 2018 Update [pdf]
by hef19898 on Thursday October 25, 2018 @01:52AM
(#18298787)
It is one profitable quarter, so. Whether this is sustainable or not, well I don't know.
The most important for Tesla now would be to keep production stable. Reports about bad quality might hint at some issues on that front. The other risk I see is how debt is structured. With debt converting to stock above certain values means Tesla is much more reliant on stock courses than other companies. So Tesla needs to keep production stable to keep the cash flow positive and keep the valuation high to be able to cover debt. Riky position if you ask me.
Re:Tesla Third Quarter 2018 Update [pdf]
by fossuser on Wednesday October 24, 2018 @07:27PM
(#18297357)
In hindsight Elon’s frustration with the negative press makes sense since he’s seeing these numbers along the way. Though he did end up making things worse, but I would probably find the negative press frustrating too.
Re:Tesla Third Quarter 2018 Update [pdf]
by hylianwarrior on Wednesday October 24, 2018 @07:57PM
(#18297524)
Yeah, I think more than anything this highlights the extent that media outlets seized on and amplified the outrage.
Re:Tesla Third Quarter 2018 Update [pdf]
by nickik on Wednesday October 24, 2018 @09:57PM
(#18298007)
The press, helped by Elon, started to ignore production when it really started to do well. Funny how that happens.
Would have been interesting what would have happened if Elon hadn't fucked up.
Re:Tesla Third Quarter 2018 Update [pdf]
by lazyjones on Thursday October 25, 2018 @08:30AM
(#18300354)
It‘s not surprising that the reputation of the press is worsening when it values drama around eccentric personalities higher than simple facts and research.
Re:Tesla Third Quarter 2018 Update [pdf]
by cambaceres on Thursday October 25, 2018 @10:27AM
(#18301132)
Well, don't believe everything you read in the newspapers :) I often get a feeling that journalists, at least in Sweden, really just want big companies to fail, instead of being excited and curious about new technology.
Re:Tesla Third Quarter 2018 Update [pdf]
by qubax on Wednesday October 24, 2018 @10:05PM
(#18298045)
It's the neverending battle between the short side and longs when it comes to TSLA. Whenever there is some negative news, the shorts just spam social media. The same with the longs.