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  1. #2051
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    Was going to ask that but figured there's some finance exposure that could be relevant if the funds were repatriated. Smaller countries wary of alienating global firms given relatively small amounts, it seems.

  2. #2052
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    Quote Originally Posted by Bromontane View Post
    Wonder where the burden of proof lies in terms of demonstrating a disregard for promissory arrangements like that. Seems to be dancing on the wrong side of the law.

    It's like FSD. Tesla has been charging 5k for that shit and it doesn't exist. Going on for years now. I know nobody cares because "save teh world" * ends justify means logic, but still... ayfkm?
    Legal eagles needed here but I think at worse that is bad faith. To not attempt to fulfill the terms of a contract. If Tesla withheld his deposit without filing for bankruptcy then it may rise to fraud but it would depend on a lot of things.

  3. #2053
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    Tesla stock surges after setting new delivery and production records

    https://www.cnbc.com/2019/07/02/tesl...y-numbers.html

  4. #2054
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    Quote Originally Posted by Bromontane View Post
    Old enough to remember when TSLA's fan club ran deep in teh padded room.
    Haters gone quiet with stock up $100

  5. #2055
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    Quote Originally Posted by 4matic View Post
    Haters gone quiet with stock up $100
    meh, still 10% under the 200sma

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    https://www.trendfollowing.com/paul-tudor-jones/

  6. #2056
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    Quote Originally Posted by Bromontane View Post
    meh, still 10% under the 200sma

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    https://www.trendfollowing.com/paul-tudor-jones/
    That's a sell signal "falls." Only buying long when something is about the 200 day is a losing strategy. I was really just commenting on the contrary chatter

  7. #2057
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    Quote Originally Posted by 4matic View Post
    That's a sell signal "falls." Only buying long when something is about the 200 day is a losing strategy. I was really just commenting on the contrary chatter
    Bear narrative very much in control at Tesla for anyone paying attention. I don't have any theta exposure there so there's no loss on my end for the passage of time. Were you impressed with their quarter or something? Seems odd to troll when you're the one losing.

  8. #2058
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    Elon Musk: Smartest Guy in The World or Complete Clown?

    Baillie Gifford just gave Elon a pretty substantial vote of confidence, fwiw.

    ETA - Not really in their interest to not give him a vote of confidence when they own billions of TSLA stock...
    Last edited by neufox47; 07-15-2019 at 03:54 PM.

  9. #2059
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    TSLA -13% as Q2 results show they're wholly incapable of making money. Something like $4,000 lost per car sold.

  10. #2060
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    Profit is for little people.

  11. #2061
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    While in D.C. last weekend I was impressed with how many peeple were using the scooters. A legit useful product. But bird is running annualized revenue at $60M with most recent quarter losing money at an annualized rate of $400M. All backed by SEVEN HUNDRED MILLION in VC equity. I get the product is useful and is shaping modern inter-city travel. But the ability of companies to secure $700M in funding against a business plan that loses 6.5x total revenues just bottles my mind. Tesla really not much different, just much bigger numbers. Popular product with heavy losses after growth stops.

  12. #2062
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    Quote Originally Posted by Bromontane View Post
    TSLA -13% as Q2 results show they're wholly incapable of making money. Something like $4,000 lost per car sold.
    they can sell lots of cars at a loss - well done elon - well done

  13. #2063
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    Quote Originally Posted by Bromontane View Post
    While in D.C. last weekend I was impressed with how many peeple were using the scooters. A legit useful product. But bird is running annualized revenue at $60M with most recent quarter losing money at an annualized rate of $400M. All backed by SEVEN HUNDRED MILLION in VC equity. I get the product is useful and is shaping modern inter-city travel. But the ability of companies to secure $700M in funding against a business plan that loses 6.5x total revenues just bottles my mind. Tesla really not much different, just much bigger numbers. Popular product with heavy losses after growth stops.
    Their numbers never made sense to me. $1 + $.15/minute to ride. So if a Bird is rented 5 times a day at average of 10 minutes per ride, they collect $12.50 Less $5.00 to the guy that collects and charges it at the end of the day, so they clear $7.50. Here they were really popular when they first launched, but now the fad has worn off. And they get 0 use in the winter.

  14. #2064
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    Quote Originally Posted by Skistack View Post
    Their numbers never made sense to me. $1 + $.15/minute to ride. So if a Bird is rented 5 times a day at average of 10 minutes per ride, they collect $12.50 Less $5.00 to the guy that collects and charges it at the end of the day, so they clear $7.50. Here they were really popular when they first launched, but now the fad has worn off. And they get 0 use in the winter.
    can't find the link but came across an estimate that lifetime earnings for the scooter < cost to purchase scooter. You can't make that up on volume.

  15. #2065
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    Quote Originally Posted by dunfree View Post
    can't find the link but came across an estimate that lifetime earnings for the scooter < cost to purchase scooter. You can't make that up on volume.
    I think I saw something about that too. Forgot to mention alot of them get tossed in dumpsters and rivers too. Now property owners in San Diego are having them impounded.

    https://www.theverge.com/2019/7/24/2...yft-uber-razor

  16. #2066
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  17. #2067
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    That won’t sway the True Believers.

    But it is pretty funny.

  18. #2068
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    A guy with $120 million to invest should listen to a couple of losers from Oregon:

    “We are delighted to be an investor in Boring. Boring is a great example of the disruptive playbook we look for,” Jurvetson told Bloomberg on behalf his VC firm Future Ventures.

    The deal also pushed the Boring Company’s valuation to $920 million, a company spokesperson confirmed. Reaching such near-unicorn status in less than three years is extremely rare by the startup-world standard.


    “The four largest tunnel companies in the U.S. were founded in the 1800s. Like the automotive and aerospace sectors, they haven’t faced a disruptive new entrant in their management’s collective lifetime,” Jurvetson said of the company’s prospects.

  19. #2069
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    Nothing like related party investments to give a seal of approval!

    Jurvetson is a board member of both Tesla and SpaceX. Assets are regularly commingled between the 3 companys.

  20. #2070
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    Quote Originally Posted by 4matic View Post
    A guy with $120 million to invest should listen to a couple of losers from Oregon:

    “We are delighted to be an investor in Boring. Boring is a great example of the disruptive playbook we look for,” Jurvetson told Bloomberg on behalf his VC firm Future Ventures.

    The deal also pushed the Boring Company’s valuation to $920 million, a company spokesperson confirmed. Reaching such near-unicorn status in less than three years is extremely rare by the startup-world standard.


    “The four largest tunnel companies in the U.S. were founded in the 1800s. Like the automotive and aerospace sectors, they haven’t faced a disruptive new entrant in their management’s collective lifetime,” Jurvetson said of the company’s prospects.

    you and your underage korean golfer/elon musk boner are so cute.

  21. #2071
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    How's that O'Hare tunnel going? Should be 35% done by now.

  22. #2072
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    Elon Musk: Smartest Guy in The World or Complete Clown?

    Boring is Musks 6th company he’s founded with minimum $1 billion dollar valuation. His legacy of companies now employs well over 100k people.

  23. #2073
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    And the Chicago tunnel is how far along?
    www.apriliaforum.com

    "If the road You followed brought you to this,of what use was the road"?

    "I have no idea what I am talking about but would be happy to share my biased opinions as fact on the matter. "
    Ottime

  24. #2074
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    Elon Musk: Smartest Guy in The World or Complete Clown?

    Quote Originally Posted by Vt-Freeheel View Post
    And the Chicago tunnel is how far along?
    If it gets approved which does seem unlikely.

    Did you see the hyperloop challenge attained 288 mph?

    https://www.google.com/amp/s/techcru...top-speed/amp/

    https://www.spacex.com/hyperloop

    Inspiring young scientists is so pointless

  25. #2075
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    288 mph in "micro" scale in a vacuum, so far from being in commercial use. Nice that Elon is using the young innovators to push tech in this area. There is no doubt this will be a future mode of transportation. Not likely in my lifetime a trip from Boston to LA will I take.

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    www.apriliaforum.com

    "If the road You followed brought you to this,of what use was the road"?

    "I have no idea what I am talking about but would be happy to share my biased opinions as fact on the matter. "
    Ottime

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