Tesla and Uber Unlikely to Survive...

[rscott]

RJG46 said:

gangzoom said:

Conversly my wife has just agreed to first dip in Tesla share, just opened an account with Halifax, think we'll try a releative modest 4 figure sum first as we've never ever bought any kind of shares ever .

You must be the only person in the UK with a Model X. Do you not feel you have done your bit for Tesla already.

Howmanyleft.co.uk suggests there are more Model X on the road then there are BMW M5

[Burwood]

guindilias said:

I've been shorting Tesla on a 5x leverage CFD, and loving it. Will probably cash out as soon as the market opens on Monday because I have no idea which way this will flip the stock...

I would have thought the account would require at least 2000 points margin, maybe a lot more. Apple and Amazon used to be 5000 over earnings.

when you say 5X leverage do you mean 5 cents or pence per point? (100 points =$1)

[DonkeyApple]

£1 deposit for £5 exposure. 20% margin.

[guindilias]

Exactly. And I think the minimum you can put on it is £200, though I always go much higher.

[Burwood]

Ok, thanks, which provider is that? I’m only familiar with the IG way of quoting.

[RobDickinson]

Fremont Delivery Centeryesterday
https://streamable.com/kssla

[guindilias]

Burwood said:

Ok, thanks, which provider is that? I’m only familiar with the IG way of quoting.

It's with Etoro. Thinking of changing to Fortrade, because the spreads and fees are ridiculous on Etoro - it adds up after a while if you decide to keep a position with x5 leverage for a long time (which I rarely do).
Not sure if Fortrade allow copy-trading though I rarely use it anyway unless there is nothing tempting and I just want to "Park" mybalance somewhere and make a few quid while it's there.
New earning report season this months, so hopefully should do well in that.
You might find this useful - it shows upcoming earning reports and you can link it straight to Earnings Whisper which I find useful, or Etoro, or a few other sites. https://finance.fedmich.com/earnings-report/

[RJG46]

rscott said:

RJG46 said:

gangzoom said:

Conversly my wife has just agreed to first dip in Tesla share, just opened an account with Halifax, think we'll try a releative modest 4 figure sum first as we've never ever bought any kind of shares ever .

You must be the only person in the UK with a Model X. Do you not feel you have done your bit for Tesla already.

Howmanyleft.co.uk suggests there are more Model X on the road then there are BMW M5

Can’t remember the last time I saw an M5. The market for high performance Executive Saloons certainly isn’t what it was.

[guindilias]

IMO the M5 went all soft after the E34 - too quiet, too forgiving suspension, to me they just don't feel "special" anymore. Shame the E34s rust so horribly.

[hyphen]

Evanivitch said:

p1stonhead said:

This is why Tesla isn’t going anywhere in the minds of people and investors. Imagine anyone doing this for any other car company. The cult pull of Musk is powerful

https://jalopnik.com/everyday-heroism-fans-are-vol...

People are weird.

[RobDickinson]

Looks like over 80,000 cars produced this quarter, probably more delivered as they had 11,000 left end of last quarter.

That's more than their entire 2016 production and twice last quarter.

[hyphen]

Are you volunteering Rob?


Elon has said any Tesla fan who doesn't volunteer is a paedo.

[RobDickinson]

Wow OK certainly don't want to be a peado, but isn't that just for Tesla owners?

I'm not sure my local Tesla store really needs the help either.. Perhaps when they finally start selling 3s outside of conusa..

[RJG46]

RobDickinson said:

Looks like over 80,000 cars produced this quarter, probably more delivered as they had 11,000 left end of last quarter.

That's more than their entire 2016 production and twice last quarter.

Which quarter is that?

Just over 50k in Q2 according to the Tesla website.

[anonymous-user]

Various speculation on the production numbers e.g

https://electrek.co/2018/09/28/tesla-model-3-produ...

https://electrek.co/2018/10/01/tesla-production-re...

http://uk.businessinsider.com/tesla-production-ove...

[Burwood]

If the output is a record, i hope for their sake they made a profit. No excuses now. And what is more important is current quarter Sales, not backlogged output.

[DonkeyApple]

Burwood said:

If the output is a record, i hope for their sake they made a profit. No excuses now. And what is more important is current quarter Sales, not backlogged output.

If they are finally up to speed on getting units out the door then it won’t be long before the market starts wanting to know what new orders are coming in to maintain demand to match this supply and how far away the original $35k car is.

Assuming all 500,000 pre-orders have upgraded to the much more expensive model and Tesla are now hitting 80-100,000/month supply it suggests that new sales need to be running at >100,000/month within 6 months?

[EddieSteadyGo]

DonkeyApple said:

If they are finally up to speed on getting units out the door then it won’t be long before the market starts wanting to know what new orders are coming in to maintain demand to match this supply and how far away the original $35k car is.

Assuming all 500,000 pre-orders have upgraded to the much more expensive model and Tesla are now hitting 80-100,000/month supply it suggests that new sales need to be running at >100,000/month within 6 months?

I believe you might have made a typo - production figures are quarterly rather than monthly.

[DonkeyApple]

EddieSteadyGo said:

I believe you might have made a typo - production figures are quarterly rather than monthly.

That’s a good point. There I was thinking we were close to seeing the 10,000/week that was guaranteed to be hit by 2018.

If Q2 was only 50k units out the door that’s about 4K/week? And at 80k for q3, if accurate, that’s about 6,500/week? Is that growth rate sufficient to deliver the cash needed to roll everything over?

[Burwood]

DonkeyApple said:

Burwood said:

If the output is a record, i hope for their sake they made a profit. No excuses now. And what is more important is current quarter Sales, not backlogged output.

If they are finally up to speed on getting units out the door then it won’t be long before the market starts wanting to know what new orders are coming in to maintain demand to match this supply and how far away the original $35k car is.

Assuming all 500,000 pre-orders have upgraded to the much more expensive model and Tesla are now hitting 80-100,000/quarter supply it suggests that new sales need to be running at >100,000/quarter within 6 months?

Exactly. I'd bet it isn't and that the market will ignore this point for some time. I don't actually think they made a profit. A token perhaps but it will wildly swing around in my opinion. To hit this 'record' I suspect a lot of unbudgeted expenditure was incurred