Tesla and Uber Unlikely to Survive...
Discussion
TimeForAZafira said:
Yep Model 3 issues have been well reported on the web with many owners taking delivery and immediately having issues for which there is no current fix 
RobDickinson said:
Same day Ford recall 1.4 million cars because the steering wheel falls of..
Well not really. Those cars have a bolt which may loosen and allow the steering wheel to come loose. A major problem if it happens, good to see the potential issue acted upon. 1.3 million cars from a period where they produced about 25 million from what I read.
So Audi have announced a 4 door electric sports car, shared platform with Porsche.
Seems logical that the rest of the VAG groups will follow suit.Tesla need to make their first mover advantage really count before the big boys get to launch, should look to raise lots of cash asap I reckon.
https://www.pistonheads.com/news/ph-germancars/aud...
Seems logical that the rest of the VAG groups will follow suit.Tesla need to make their first mover advantage really count before the big boys get to launch, should look to raise lots of cash asap I reckon.
https://www.pistonheads.com/news/ph-germancars/aud...
Tesla's stock was down 8.2% on Moody’s downgrade (to B3). They cited slow production ramp of Model 3, cash burn and the debt maturity profile. Stock currently down another 5% pro-open in New York.
Negative news about self-driving cars is probably not helping either.
The credit spread on the 7.4yr straight blew out 65bps to 445bp.
There is increasing talk of more capital being needed.
We get more Model 3 production numbers next week. There is now the material possibility that the Model 3 ramp goes so badly that it breaks the story (move from niche to mass market) that investors were willing to finance. If that happens, it will be really tough - Wile E Coyote being forced to stop and look down at the yawning abyss under his feet.
I hope not - I want him to be out there supporting the value of my Model X.
Negative news about self-driving cars is probably not helping either.
The credit spread on the 7.4yr straight blew out 65bps to 445bp.
There is increasing talk of more capital being needed.
We get more Model 3 production numbers next week. There is now the material possibility that the Model 3 ramp goes so badly that it breaks the story (move from niche to mass market) that investors were willing to finance. If that happens, it will be really tough - Wile E Coyote being forced to stop and look down at the yawning abyss under his feet.
I hope not - I want him to be out there supporting the value of my Model X.
https://www.bloomberg.com/news/articles/2018-03-27...
https://www.bloomberg.com/graphics/2018-tesla-trac...
Looks like a perfect storm is brewing.
Not even close to the revised, revised, revised production targets at just over 1,000 Model 3's per week being made and still burning through cash at an alarming rate. Crash investigations ongoing.
Stock being shorted and investors losing confidence.
About time for a distraction launch of something. Anything.
We've had Car, Rocket, Truck, Have we already had a Tesla Train?
Cheers,
Tony
https://www.bloomberg.com/graphics/2018-tesla-trac...
Looks like a perfect storm is brewing.
Not even close to the revised, revised, revised production targets at just over 1,000 Model 3's per week being made and still burning through cash at an alarming rate. Crash investigations ongoing.
Stock being shorted and investors losing confidence.
About time for a distraction launch of something. Anything.
We've had Car, Rocket, Truck, Have we already had a Tesla Train?
Cheers,
Tony
Tony427 said:
This bit sounds worrying: "An analyst at Citigroup Inc. wrote Tuesday that Tesla may be struggling to convert car shoppers into Model 3 buyers, "hyphen said:
Tony427 said:
This bit sounds worrying: "An analyst at Citigroup Inc. wrote Tuesday that Tesla may be struggling to convert car shoppers into Model 3 buyers, "p1stonhead said:
hyphen said:
Tony427 said:
This bit sounds worrying: "An analyst at Citigroup Inc. wrote Tuesday that Tesla may be struggling to convert car shoppers into Model 3 buyers, "p1stonhead said:
hyphen said:
Tony427 said:
This bit sounds worrying: "An analyst at Citigroup Inc. wrote Tuesday that Tesla may be struggling to convert car shoppers into Model 3 buyers, "Michaeli says that competing car sales don’t appear to “compellingly show the strain” that he would expect to see given Model 3 pre-orders, which should leave would-be buyers “notably absent” from the market
Disappointing order conversions could put pressure on Tesla to improve margins and differentiate the Model 3 with an update to the Autopilot OTA, accelerate a leasing option and lower-priced versions and shore up balance sheet, as delays could hurt free cash flow"
p1stonhead said:
liner33 said:
Nasa's announcement about not using the Falcon heavy wont have helped Space X either
SpaceX are not public.That wasn't news to Space X.
gangzoom said:
jjwilde said:
If it goes below or near to 200 I'm buying in, did the same last year with bitcoin and that was the best investment of my life.
While Tesla may be troubled now I feel confident they will be a success in the long term.
What platform do you use to trade US stock?While Tesla may be troubled now I feel confident they will be a success in the long term.
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