“Yesterday, a Model S collided with a large metallic object in the middle of the road, causing significant damage to the vehicle. The car’s alert system signaled a problem and instructed the driver to pull over safely, which he did. No one was injured, and the sole occupant had sufficient time to exit the vehicle safely and call the authorities. Subsequently, a fire caused by the substantial damage sustained during the collision was contained to the front of the vehicle thanks to the design and construction of the vehicle and battery pack. All indications are that the fire never entered the interior cabin of the car. It was extinguished on-site by the fire department.”
You bought AMD at the peak didn't you :ninja:
Yeah one video causing a downgrade and pretty large drop in stock price? If anything that just says the stock was overvalued.
So you're saying free cash flow and only buying profitable companies is foolish? Tell us more, professor.Nope. But have already cleared $100k in stock profits this year. Again, are you in high school or college? B/c you're as dumb as a box of rocks when it comes to evaluating companies.
So you're saying free cash flow and only buying profitable companies is foolish? Tell us more, professor.
discounted cash flow model
So, at my last fillup:
33.352 litres for 596.1 km. That works out to 8.8 gallons for 370.4 miles, or 44 mpg, with mostly city driving.
The company is literally borrowing money to make the minimum payments on its debt. It would be like I make $50,000 per year at my job, but food and shelter and medical adds up to $60,000. Since I'm running at a net loss, I borrow $100,000 from the bank and use that money to make the minimum payments on $100,000 debt. The bank statement says I'm sitting on a lot of cash, and I easily have enough to make the payments for a few years, but eventually I'll run out of money and go bankrupt.
Yes, mostly city driving, as I said in my post.5.6 L / 100 Km... Pretty good. I'm going to guess that you do mostly city driving though. I've driven company Camry/Fusion Hybrids and regularly do about 5 L / 100 km with mostly highway driving. I've done 4.5 L / 100 km in a 2007 Prius.
Yes, mostly city driving, as I said in my post.
I never do 4.5 L/100 km unless I'm really trying, but I don't like that type of gas-sipping driving because it takes longer to get anywhere. My yearly average including winter (which has noticeably higher gas usage) is well over 6 L/100 km.
I find in the city if I accelerate quickly from a light to (just above) the speed limit on large roads, I will be able to make the next light. If I don't, the next light will often turn to red before I get there. It seems the city has designed the stoplight timing to keep traffic flowing at near the speed limit on the main roads.
If you want to equate it to personal finance, this is more like earning $15k/yr as a college student, taking out $25k in student loans, and using it to pay for food and tuition.
They are investing in the ability to earn money in the future.
They are borrowing and selling equity to buy plant and equipment to ramp up production. This is a good thing to do when your stock is pretty much constantly sold out.
I agree that Tesla is doing the right thing. When prices are up, sell shares. It's way better than borrowing money. What's different is that this company's shares are extremely expensive before the company has proven to be profitable. For the other 99.999999% of companies it works the other way around. Shares from companies like Apple or Microsoft or junior mining companies are virtually worthless in the beginning because investing in a startup company is very high risk. Tesla really should be trading similar to something like AMD.
So what price to re-buy Tesla?
I'm thinking the same. Let it drop and let's buy
I agree that Tesla is doing the right thing. When prices are up, sell shares. It's way better than borrowing money. What's different is that this company's shares are extremely expensive before the company has proven to be profitable. For the other 99.999999% of companies it works the other way around. Shares from companies like Apple or Microsoft or junior mining companies are virtually worthless in the beginning because investing in a startup company is very high risk. Tesla really should be trading similar to something like AMD.
Was watching a documentary last night, found it interesting that Enron rose ~500% during its heyday even though it had horrible accounting (understatement) and Tesla has risen like... 440%?
Hmm where did I see this before?That guy probably shorted the stock and then just put his car on fire and have his friend film it. very clever indeed!
Among the questioners is Gradient Analytics, a small Arizona research firm. It started coverage of Tesla earlier this year, and promptly issued a report that gave the firm an F grade for its quality of earnings.
Though we love the car and the passion of the firm and its CEO, we continue to be concerned about the economics of Teslas business and the quality of its earnings we continue to believe that Tesla is the most dangerous stock one could possibly trade, whether long or short, says analyst Donn Vickrey, author of the report.
I gave up on driving a while ago (yay, bus), but when I still did, I did the "gas saving" style of driving with relatively light acceleration and steady braking in advance so I didn't need to re-accelerate as much.
On the other hand, when I wanted to screw around, I just floored it until I got to 15 over and kept going with everyone well behind me. Regardless, the Civic I drove did an atrocious 10-11 L /100 km in mostly city driving. So many damn street lights turning red + stop'n'go traffic -- wonder why I gave up on driving.
One $75,000 Tesla catches fire, $4 billion in market value goes up in smoke:
http://www.extremetech.com/extreme/...re-4-billion-in-market-value-goes-up-in-smoke
hahahahaha oh my gosh