Missing production targets, orders way below expectations, automated driving crash resulting in a fire, now they're recalling over half their cars ever produced. They are bleeding money and need a capital injection badly but their bond rating just got downgraded to junk. Do they have any chance of pulling out of this death spiral?

this **** wont matter in mars breh

Hopefully so I can buy one for the cheap cheap.

Elon prime cuck

I hope so, and fuk elon musk anyway that automation self driving car pushing ****g0t

The driver was probably miscing on his iPhone before the crash

Maybe they just need to try turning it off then turning it back on again

You have any links to post? I’m curious as to where you’re getting your info.

I just saw an article this morning about Moody’s potentially downgrading their rating, but haven’t seen anything final yet

My info is gleaned from my position in tsla and the drop

Liquidated my position in TSLA when I found out they were selling fake flamethrowers for quick profit. Shady as fuk company not to mention they just recalled 123,000 Tesla roadsters for no apparent reason. Lmao just lmao if you invest in that Ponzi scheme

I think it will succeed with the Model 3.

I think the flaw is in the design.

The model S is beautiful but it's getting long-in-the-tooth and they need to strike gold again. The 3 is basically a mini model S. Which 1. Cannibalize S sales & 2. Diminishes the value of the S. The X is one of the ugliest designs right up there with the Aztec.

Tldr
Tesla has jumped the shark

Tesla....If there was ever a financial disaster of larger proportion and ridiculousness I've yet to see it. This is a company that has never made a profit, it continually goes back to Wall Street for more money as it burns it in a cash furnace handing out ridiculous compensation to Musk and others, and manages to sell environmental whack-job cultists $80,000 cars that are utterly reliant on the continued existence of a loss-making company to operate and be serviced. The original "feature" that allowed this was literal theft from the taxpayer for every car sold but those subsidies are disappearing fast and at this point are basically gone.

Eventually this will catch up with them. It may have now with the recent bond downgrade. Simply put the company may be forced to issue equity when notes due early next year come up and they need even more than that due to negative operating cash flow. That's a death-spiral as any rational evaluation will lead a potential buyer of said equity issue to realize that they're handing Musk money they will never see again, ever, and as equity holders they have no preference in a liquidation!

When Tesla blows up the worse news is that everyone who has bought one and has it sitting in their garage has an unservicable vehicle since virtually every piece of it is bespoke by and for Tesla! You can't go get service parts from third-party vendors as you can with damn near every other vehicle on the road because there are none! Not only that all the "free" Supercharger access for Model S and X owners ends instantly. As a result the net present value of all those vehicles when Tesla gets in serious trouble craters instantly, they become unmarketable and you as a Model S or X owner will find yourself with a vehicle you cannot sell and ultimately cannot drive as it will not work.

The whole "putting a car in orbit" made me abandon any investments in the company.



People thought it was cool... but that level of f*ckery says two things 1.) we can't manage ourselves or ambitions. 2.) We are hemorrhaging money and need to reduce ourselves to cheap stunts.








Either way, i'm out boyo.

Pretty much:

1. Burn rate through the roof
2. Bonds eating **** right now - stock is as well
3. Being investigated for accident in cali
4. In the press for the automated manslaughter in Arizona (though not the car's fault)
5. Recall on their steering wheel bolts due to salt corosion causing failture
6. Model 3 eating the Model S as stated above
7. Lack of infrastructure outside of the east/west coasts
8. Forgot to mention they've never turned a profit....ever not a ****ing dime.

They're ****ed. Along with ******** and the other FAANGs, its like the generals of the bull market are being drug out and shot. We could have see the cyclical high last year. Hold on to your hats.

Yeah, this guy gets it. Not to mention, if you're an equity holder right now, you have to know that they'll be issuing stock to cover the burn rate, which means you're gonna get diluted to ****.

Time to buy in while you can. The future is Elon.

Elon Musk is a genius but he has new grandiose ambition every few months and his declaration is treated like gospel. At some point you have to start delivering.

Spoiler!

As if Tesla won't just get bought out by someone else and keep moving on.

BRB starting multiple companies that hemorrhage billions that only still exist because of corporate welfare. BRB get retards to think I'm a genius even though pretty much everything I say is insane.

Doubt it homie. Recall they've made all their technological advancements open source. All the big auto shops will take their best **** and will be incorporating into their latest fleet. RIP

Buy high, Sell low....baby!

they need more mechanics and techs on production line. If the cars were being assembled in China or japan maybe the 3 series would be out already. who knows.

Slight difference between a credit crisis which effectively threatens the world, and one automaker that has over extended itself. Get a clue, son.

It doesn't matter, all that matters is that Elon Musk gave us the electric car and it will now be the future with or without Tesla. He is the Edison of our time.

Hopefully he will come up with the tech to make cars that fly like in Blade Runner.

In other words, Elon Musk should be given whatever the fuc he wants.

This pretty much sums it up, top notch post

they always miss production targets though, institutional investors are aware of that and they dont seem to care that much. Although i made a ton of money shorting the Q3 of 2017 due to them over promising model 3 production. The recall doesnt really seem to be anything too major imo just some bolts to be replaced which a third party manufacturer ****ed up. The financing is what worries me the amount of liabilities on their balance sheet is ridiculous and they need model 3 production to go well to get enough revenue to continue operations at this point. This needs to happen in the next 1-2 years at the same time when a recession is seemingly on the horizon. So its definitely very interesting to follow. Theres a bunch of funds using satellites and tracking VINs for components coming into the U.S. to figure out model 3 production for next quarter. I think even if they do go belly up, the IP from the battery tech(which is the best on the market) and the auto pillot tech will be worth billions. Although im not sure what valuation for that that tech alone would result in. I think now is when you can make huge money if you can figure out what is happening in the next year. The stock is definitely setting up for some massive swings one way or another.

It isn't so much missing them - we're trying to determine their cash position. Knowing and hitting foreseable production levels allows us to determine revenue, cost, schedule, risk, quantity, and effectively GM/GP. When we can forecast and it is accurate that we have a clear understanding of what Tesla is going to be and what their stock price will effectively be. They're stuck sub 300 a day across all lines. They need to be at 500 before the year ends.

and If that happens then in the future these cars will be worth a fortune to collectors.

forecasting dcfs for a company this volatile always ends up being a crap shoot. If you look at analyst predictions over the past few quarters their predictions are all over the place and now you got an army of analysts tracking car components by satellite and through national import registries. I think the real value in this company is in the underlying tech, so if they run out of cash what can you liquidate and for how much. Even though the auto pilot is already working in the real world its not rated as the best auto pilot system out there but I think has a ton of value since they have real live data. Their battery tech is the best in the world and given the importance of batteries regarding renewable energy I think thats probably the majority of the value of Tesla lies there. The electrical grid is already overloaded and with a price tag of around 0.5 bil/ power plant the U.S. govt will be reluctant invest in more given they are already massively in debt. With EVs being a reality now theyre all going to end up sucking power from teslas power wall and photo voltaic roofs in the next 5 years.