How many has Tesla hired? Dacia evidently never asked.
How many work there now, after Panasonic has left? Dacia evidently never asked.
3/ What production is happening right now at the Buffalo factory (which, Dacia, is not a "gigafactory").
Dacia evidently never asked.
4/ "A source familiar with the matter who spoke to Teslarati talked to employees at the plant, who indicated the facility is currently operating on a 24-hour schedule six days a week to keep up with demand."
Demand for what, Dacia? What is NOW being made at RiverBend?
5/ Note the 4th level hearsay:
Dacia talks with unnamed source talked with unidentified employees who offer unsubstantiated facts.
Dacia, did you call Tesla? Did you visit the plant?
6/ "Aside from lowering prices in October last year, the company also introduced an incentive program involving a $250 award to new solar customers who purchase or subscribe to a solar panel system through the company’s referral program."
Those panels aren't made in Buffalo.
7/ "Tesla’s efforts to ramp up solar production prior to this most recent hiring spree were detailed in their Q2 2020 Earnings Update letter. 'Solar Roof installations roughly tripled in Q2 compared to Q1. We continue to expand our installation team...
8/ "'...to increase the deployment rate,' it stated."
What was the installation number in Q1, Dacia? If it was, say, 10, then tripling means 30.
What is the number now, Dacia?
Why didn't you ask?
Elon promised 1,000 a week by the end of 2019, Dacia.
9/ "Minimizing expenses, specifically by avoiding a dedicated sales team, has helped Tesla Energy weather through tough economic times by maintaining demand – something demonstrated most clearly via hiring ramps."
10/ Tesla Energy is shrinking and its results are terrible. Read the 10-Q, Dacia.
A "hiring ramp" where 30 positions are listed (1,460 were promised at the factory, and another 3,540 throughout the state) means absolutely nothing.
11/ Here, Dacia, read the RiverBend Agreement, which is linked in the article. Read the article itself. Because your ignorance & willingness to be a propaganda tool is appalling. seekingalpha.com/article/437314…
12/ Of course, it's @TeslaratiTeam. Whom no one with any integrity expects to do other than act as Tesla's Minister of Propaganda.
13/ Perhaps @TESLAcharts would be kind enough to send me his great thread on the 100% fraudulent nature of the solar roof tile product Elon showed off to the gullible Chardonnay sippers in 2016 so I can link to it in this thread.
14/ Here's an education for you, @PrincessDeixa. Even if, by now, marinated in the ethos of Teslarati, you are completely immune to facts & allergic to truth.
2/ As @Tweetermeyer, who now lives happily at Thre*ds has observed, Elon Musk invented the meme stock phenomenon in 2013. Since then, Tesla has traded on Musk lies & bullshit, with major assists from crooked & cynical analysts such as Ives, Jonas, Ferragu, etc. ...
3/ There are also the shameless pumpers who mix into their cynicism a big dose of stupid. Cathie Wood is the best example. She has incinerated at least $14B of her investors' money, yet wallows in extravagant personal wealth from hundreds of millions in fees.
1/ So, $0.34 GAAP EPS fully diluted. Assuming things get no worse for the rest of 2024, that would be $1.36 GAAP EPS. That works out to a P/E ratio (based on AH price I'm seeing right now) of about 112. Or, about 18 times higher than industry average. (But things will get worse.)
2/ This is for a company that is shrinking, not growing. That made a strikingly vague promise about accelerating the production of new models. That burned $2.5B in cash in Q4. That has continued to slash prices.
3/ But, that vague promise has the market juiced up, it appears. So, while the fundamentals are simply terrible, the pumping & madness of crowds continues.
First, the 2011 Administrative Order to which Twitter agreed to resolve shortcomings in data privacy & security practices. Naturally, Musk wants out. And, predictably, his counsel filed a motion that grossly misrepresents the state of affairs.
2/ The FTC isn't buying it, and slapped back hard. (Enjoy the citations to SEC v. Musk actions.) I'm guessing Twitter loses this one.
3/ Interesting side note: Musk at one point instructed his Twitter staff to give a certain "journalist" full & unrestricted access to all Twitter accounts & info. "No limits." Now, who might that "journalist" have been?
1/ A few thoughts about @WalterIsaacson's backpedaling on his stunning claim that Musk personally directed Starlink engineers to thwart a Ukrainian attack on Russian Black Sea naval vessels by turning off internet coverage within 100 kilometers of the Crimean coast.
3/ Another excerpt from the same biography appeared several days ago in @WSJ. It presented a laughably distorted account of Musk's acquisition of Twitter.
1/ Oh my, oh my, this becomes so much more tastier all the time. Our friend @chancery_daily is deeply immersed in the story, & writes this for those following the inside baseball. Here's a quick translation for the rest of us...
2/ First, Wachtell, Lipton, Rosen & Katz represented Twitter in negotiating the merger agreement with Elon Musk's "X" companies. Wachtell did a BRILLIANT JOB.
3/ Big Mr. Tough Guy Elon said of his merger offer, "Take it or leave it."
Twitter took it; Wachtell drafted an agreement in which Elon waived all due diligence; Elon - the Great Genius of Our Times - signed it.