Tesla and Uber Unlikely to Survive (Vol. 2)
Discussion
Burwood said:
hyphen said:
jjwilde said:
Well looks like Tesla have doubled their money, 1.5billion profit.
Paper profit, not realised profit.Off topic I know but couldn't find another thread....
Uber down 3% on today's ruling. I wonder if this will ripple through other gig stuff. There are huge amounts of contractors who work for agencies in loads of industries, who don't have direct contracts with the clients on the other side. What about them?
Uber down 3% on today's ruling. I wonder if this will ripple through other gig stuff. There are huge amounts of contractors who work for agencies in loads of industries, who don't have direct contracts with the clients on the other side. What about them?
Lim said:
Off topic I know but couldn't find another thread....
Uber down 3% on today's ruling. I wonder if this will ripple through other gig stuff. There are huge amounts of contractors who work for agencies in loads of industries, who don't have direct contracts with the clients on the other side. What about them?
Not quite sure why huge Court judgment against Uber isn’t relevant, but the beeb has this account Uber drivers are workers not self-employed, Supreme Court rules https://www.bbc.co.uk/news/business-56123668Uber down 3% on today's ruling. I wonder if this will ripple through other gig stuff. There are huge amounts of contractors who work for agencies in loads of industries, who don't have direct contracts with the clients on the other side. What about them?
Lim said:
Off topic I know but couldn't find another thread....
Uber down 3% on today's ruling. I wonder if this will ripple through other gig stuff. There are huge amounts of contractors who work for agencies in loads of industries, who don't have direct contracts with the clients on the other side. What about them?
Usually in the News forum..Uber down 3% on today's ruling. I wonder if this will ripple through other gig stuff. There are huge amounts of contractors who work for agencies in loads of industries, who don't have direct contracts with the clients on the other side. What about them?
Lim said:
Off topic I know but couldn't find another thread....
Uber down 3% on today's ruling. I wonder if this will ripple through other gig stuff. There are huge amounts of contractors who work for agencies in loads of industries, who don't have direct contracts with the clients on the other side. What about them?
Google IR35 in the UK. Covers a lot of this. IT contractors for example will increasingly have to move into PAYE rather than be self employed. Builders have already had to account differently to address this for a while. A lot of people say they run their own business but if they are the service to one customer then they really work for somebody. Uber down 3% on today's ruling. I wonder if this will ripple through other gig stuff. There are huge amounts of contractors who work for agencies in loads of industries, who don't have direct contracts with the clients on the other side. What about them?
Interesting article on Tesla today, I hadn't realised they were still using a tent for production in California. Thought that was temporary.
Very speculative but I could never see them moving that Freemont factory out of state after spending all that money setting it up anyway. I could see them opening another Chinese plant and just making all the cars there or maybe Mexico instead.
https://www.latimes.com/business/story/2021-02-19/...
Bit like Apple maybe - designed in California Made in China?
Very speculative but I could never see them moving that Freemont factory out of state after spending all that money setting it up anyway. I could see them opening another Chinese plant and just making all the cars there or maybe Mexico instead.
https://www.latimes.com/business/story/2021-02-19/...
Bit like Apple maybe - designed in California Made in China?
Smiljan said:
Interesting article on Tesla today, I hadn't realised they were still using a tent for production in California. Thought that was temporary.
Very speculative but I could never see them moving that Freemont factory out of state after spending all that money setting it up anyway. I could see them opening another Chinese plant and just making all the cars there or maybe Mexico instead.
https://www.latimes.com/business/story/2021-02-19/...
Bit like Apple maybe - designed in California Made in China?
the build quality on an iPhone is class leading.....Very speculative but I could never see them moving that Freemont factory out of state after spending all that money setting it up anyway. I could see them opening another Chinese plant and just making all the cars there or maybe Mexico instead.
https://www.latimes.com/business/story/2021-02-19/...
Bit like Apple maybe - designed in California Made in China?
It looks like tech stocks have cooled more than Dow stocks in the last month, have they run out of steam? Or electricity?
Tesla has, forgetting their power supply and roofs, that are not really doing anything, currently 2 sedans with one with lower prices to shift them, an SUV that is long in the tooth, and a hatchback that is being lowered in prices less than 9 months after launch.
Just to get more than 500 000.
Meanwhile everyone else is slowly catching up... Elon is just buying Bitcoin ...
The Sportster is put out to 2022 now ... and the Cybertruck thing, the one bullet proof but with the breakable windows ... that will be 2022 if a favourable wind.
It's amazing how much a salesman with a bigger gob than Trump on Twitter can "drive" a car company.
Tesla has, forgetting their power supply and roofs, that are not really doing anything, currently 2 sedans with one with lower prices to shift them, an SUV that is long in the tooth, and a hatchback that is being lowered in prices less than 9 months after launch.
Just to get more than 500 000.
Meanwhile everyone else is slowly catching up... Elon is just buying Bitcoin ...
The Sportster is put out to 2022 now ... and the Cybertruck thing, the one bullet proof but with the breakable windows ... that will be 2022 if a favourable wind.
It's amazing how much a salesman with a bigger gob than Trump on Twitter can "drive" a car company.
jason61c said:
Smiljan said:
Interesting article on Tesla today, I hadn't realised they were still using a tent for production in California. Thought that was temporary.
Very speculative but I could never see them moving that Freemont factory out of state after spending all that money setting it up anyway. I could see them opening another Chinese plant and just making all the cars there or maybe Mexico instead.
https://www.latimes.com/business/story/2021-02-19/...
Bit like Apple maybe - designed in California Made in China?
the build quality on an iPhone is class leading.....Very speculative but I could never see them moving that Freemont factory out of state after spending all that money setting it up anyway. I could see them opening another Chinese plant and just making all the cars there or maybe Mexico instead.
https://www.latimes.com/business/story/2021-02-19/...
Bit like Apple maybe - designed in California Made in China?
I'm sure they'll claim they can solve all of Texas' power problems given they are an energy company as well.
They're having battery issues now and have withdrawn the Short Range Model Y from sale. No X or S for Europe until late 2022 and only Chinese Model 3 coming to Europe just now.
Is it all slowly becoming unraveled? They're finishing up a German/Polish plant yet the demand outside of the USA isn't enough to max out the Chinese plant. Where are all those cars going to go?
There was also a load of "news" about Tesla opening a factory in India. Turns out it's fake news.
Cybertruk - hopeful some customers will get late 2021 - ie Late 2022 or early 2023 in Tesla talk.
Tesla Semi - none ready to go still
Robotaxis - 1 million promised end of 2020. Zero on the road.
Full Self Driving - 35 beta testers/youtube employees pumping out propaganda about how well it works on carefully selected US streets. Thousands of cars still not capable of most of the features despite being promised the upgraded FOC when they paid thousands for the options.
Batteries - still catching fire.
MCU's - recall promised after being forced despite it being a serious safety issue.
Chinese authorities investigating Tesla over suspension failures and poor quality products.
Model 3's rear glass falling out
Model 3's roof glass cracking
There's a lot to turn around, they haven't set a target for end of year sales (1st time ever), investors dumping stock. Share price falling.
Sure, it's all going swimmingly.
They're clearly still shifting Model Y and 3 in large numbers and claiming EV tax credits in many countries to eke out a profit but I'm not convinced they're over the 2018 financial troubles just yet. The have cash, cash that is disappearing fast in investments. All it needs is a slight drop in demand and poor return on those investments and they could quite easily be in serious trouble.
With all that said I'm seeing Tesla fans asking why they aren't buying Ford and closing it down
Elon's got it all covered though with his "things may go down as well as up" statement at the last shareholder presentation. Sowing the seed for lower growth than original expected and practically assumed assured by Tesla fans.
Anyone else have a more positive outlook for the company and the stock?
They're having battery issues now and have withdrawn the Short Range Model Y from sale. No X or S for Europe until late 2022 and only Chinese Model 3 coming to Europe just now.
Is it all slowly becoming unraveled? They're finishing up a German/Polish plant yet the demand outside of the USA isn't enough to max out the Chinese plant. Where are all those cars going to go?
There was also a load of "news" about Tesla opening a factory in India. Turns out it's fake news.
Cybertruk - hopeful some customers will get late 2021 - ie Late 2022 or early 2023 in Tesla talk.
Tesla Semi - none ready to go still
Robotaxis - 1 million promised end of 2020. Zero on the road.
Full Self Driving - 35 beta testers/youtube employees pumping out propaganda about how well it works on carefully selected US streets. Thousands of cars still not capable of most of the features despite being promised the upgraded FOC when they paid thousands for the options.
Batteries - still catching fire.
MCU's - recall promised after being forced despite it being a serious safety issue.
Chinese authorities investigating Tesla over suspension failures and poor quality products.
Model 3's rear glass falling out
Model 3's roof glass cracking
There's a lot to turn around, they haven't set a target for end of year sales (1st time ever), investors dumping stock. Share price falling.
Sure, it's all going swimmingly.
They're clearly still shifting Model Y and 3 in large numbers and claiming EV tax credits in many countries to eke out a profit but I'm not convinced they're over the 2018 financial troubles just yet. The have cash, cash that is disappearing fast in investments. All it needs is a slight drop in demand and poor return on those investments and they could quite easily be in serious trouble.
With all that said I'm seeing Tesla fans asking why they aren't buying Ford and closing it down
Elon's got it all covered though with his "things may go down as well as up" statement at the last shareholder presentation. Sowing the seed for lower growth than original expected and practically assumed assured by Tesla fans.
Anyone else have a more positive outlook for the company and the stock?
Smiljan said:
I'm sure they'll claim they can solve all of Texas' power problems given they are an energy company as well.
They're having battery issues now and have withdrawn the Short Range Model Y from sale. No X or S for Europe until late 2022 and only Chinese Model 3 coming to Europe just now.
Is it all slowly becoming unraveled? They're finishing up a German/Polish plant yet the demand outside of the USA isn't enough to max out the Chinese plant. Where are all those cars going to go?
There was also a load of "news" about Tesla opening a factory in India. Turns out it's fake news.
Cybertruk - hopeful some customers will get late 2021 - ie Late 2022 or early 2023 in Tesla talk.
Tesla Semi - none ready to go still
Robotaxis - 1 million promised end of 2020. Zero on the road.
Full Self Driving - 35 beta testers/youtube employees pumping out propaganda about how well it works on carefully selected US streets. Thousands of cars still not capable of most of the features despite being promised the upgraded FOC when they paid thousands for the options.
Batteries - still catching fire.
MCU's - recall promised after being forced despite it being a serious safety issue.
Chinese authorities investigating Tesla over suspension failures and poor quality products.
Model 3's rear glass falling out
Model 3's roof glass cracking
There's a lot to turn around, they haven't set a target for end of year sales (1st time ever), investors dumping stock. Share price falling.
Sure, it's all going swimmingly.
They're clearly still shifting Model Y and 3 in large numbers and claiming EV tax credits in many countries to eke out a profit but I'm not convinced they're over the 2018 financial troubles just yet. The have cash, cash that is disappearing fast in investments. All it needs is a slight drop in demand and poor return on those investments and they could quite easily be in serious trouble.
With all that said I'm seeing Tesla fans asking why they aren't buying Ford and closing it down
Elon's got it all covered though with his "things may go down as well as up" statement at the last shareholder presentation. Sowing the seed for lower growth than original expected and practically assumed assured by Tesla fans.
Anyone else have a more positive outlook for the company and the stock?
No, you've summarised why the stock will plummet quite well. They're having battery issues now and have withdrawn the Short Range Model Y from sale. No X or S for Europe until late 2022 and only Chinese Model 3 coming to Europe just now.
Is it all slowly becoming unraveled? They're finishing up a German/Polish plant yet the demand outside of the USA isn't enough to max out the Chinese plant. Where are all those cars going to go?
There was also a load of "news" about Tesla opening a factory in India. Turns out it's fake news.
Cybertruk - hopeful some customers will get late 2021 - ie Late 2022 or early 2023 in Tesla talk.
Tesla Semi - none ready to go still
Robotaxis - 1 million promised end of 2020. Zero on the road.
Full Self Driving - 35 beta testers/youtube employees pumping out propaganda about how well it works on carefully selected US streets. Thousands of cars still not capable of most of the features despite being promised the upgraded FOC when they paid thousands for the options.
Batteries - still catching fire.
MCU's - recall promised after being forced despite it being a serious safety issue.
Chinese authorities investigating Tesla over suspension failures and poor quality products.
Model 3's rear glass falling out
Model 3's roof glass cracking
There's a lot to turn around, they haven't set a target for end of year sales (1st time ever), investors dumping stock. Share price falling.
Sure, it's all going swimmingly.
They're clearly still shifting Model Y and 3 in large numbers and claiming EV tax credits in many countries to eke out a profit but I'm not convinced they're over the 2018 financial troubles just yet. The have cash, cash that is disappearing fast in investments. All it needs is a slight drop in demand and poor return on those investments and they could quite easily be in serious trouble.
With all that said I'm seeing Tesla fans asking why they aren't buying Ford and closing it down
Elon's got it all covered though with his "things may go down as well as up" statement at the last shareholder presentation. Sowing the seed for lower growth than original expected and practically assumed assured by Tesla fans.
Anyone else have a more positive outlook for the company and the stock?
I find it odd that they release the Y Standard Range 6 weeks ago against the wishes of Musk as he feels the range is too low. Then they pull it and cancel peoples orders.
I'm feeling the noise around there being a battery restraint may have a lot of merit now. It makes sense to sell cars with bigger packs for more revenue rather than waste those same cells on a Standard Range pack that generates less revenue.
Lots of unhappy customers on the Tesla forums.
Still someone made an absolute killing and he's not alone
https://sec.report/Document/0001494731-21-000001/
I'm feeling the noise around there being a battery restraint may have a lot of merit now. It makes sense to sell cars with bigger packs for more revenue rather than waste those same cells on a Standard Range pack that generates less revenue.
Lots of unhappy customers on the Tesla forums.
Still someone made an absolute killing and he's not alone
https://sec.report/Document/0001494731-21-000001/
Edited by Smiljan on Monday 22 February 15:44
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