Well it'e extraordinarily difficult to have a meaningful discussion with someone who cites no sources and their argument boils down to "yer wrong, sunshine". Over to you, my friend.Quote:
Originally Posted by johntins
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Well it'e extraordinarily difficult to have a meaningful discussion with someone who cites no sources and their argument boils down to "yer wrong, sunshine". Over to you, my friend.Quote:
Originally Posted by johntins
No need to source anything re Tesla, as Musk's problems with money and Tesla 3 production are in the news pretty much daily, as are the models coming from the real car companies. Jaguar's plans are well known. BMW play their cards a little closer, as do Benz, but industry rumours suggest they are very near to launching their own models. When that happens, with their proven production capabilities and worldwide dealer networks it is my opinion that Tesla will be sunk.Quote:
Originally Posted by bee utey
My observation about Tesla and Apple comes from the fact that it is well known Apple are working on some sort of car project ( Project Titan ), Apple are very keen on so called renewable energy, and of course have money that even Musk can only dream of. They seem like a perfect fit to me.
BTW, I don't claim expert status on anything. I do, however, claim a reasonable knowledge of the auto industry, having been a very keen observer since I was about ten, and having family members high up in Toyota and Isuzu.
Yes, the short sellers have been very active talking down Tesla's financial health in recent months, but have egg on their faces when the latest production figures were released and Tesla's stock price jumped 19%. The big (aka "real") car manufacturers are desperate for Tesla to die so they have some breathing space. Hasn't worked yet though. I'm not however saying that Tesla can't be destroyed, but it's a hard battle with big money on both sides.Quote:
Originally Posted by johntins
How Many Tesla Model 3 Cars Have Been Made?
Tesla's stock also dropped after Musk's brain snap after his rejection in the Thai cave rescue PR stunt. Shows just wow volatile his investors are and how vulnerable he is as CEO. That said, if I had some $$ I'd probably buy in. I was serious about the Apple thing. They could but Tesla out of the coffee tin, and I believe will probably do so, when the firm is nearing collapse. The intellectual property would be something they'd love.Quote:
Originally Posted by bee utey
But, you are correct. Come back in twelve months and we'll probably both have egg on our faces.
I don't disagree with any of that, and Musk himself has recently said it could all go pear shaped if a recession hits. Still you have to admire a guy who got as far as he has against the torrent of critics seeking to pull him down. I find it fascinating to watch even though I don't have a single cent wagered on the outcome.Quote:
Originally Posted by johntins
https://www.youtube.com/watch?v=BHS0H5AwGjU
Apple could definitely buy it with their coffee tin money. It was recently announced they are the first company to be worth one trillion dollars. Tesla might not exactly be the greatest money making operation, but it definitely is pushing along interest in EV's and renewables.
Time for some people to step up to the plate and put their money where their mouth is.
Elon Musk says he wants to take Tesla private at $US420 a share - ABC News (Australian Broadcasting Corporation)
I wont be wasting my hard earned on this one but I do look forward to hearing in the future how some have made millions.
My shares in the coal, oil and gas industries (petrochem) have gone up ten fold since I bought them.
Er what he wants to do is just the opposite.Quote:
Time for some people to step up to the plate and put their money where their mouth is
He wants to by out all recent shareholders at $420 and own it himself.
He SAYS he will keep faith with original shareholders by letting them keep their shares.
BUT this outburst is because he doesn't like that short sellers have affected the share value.
It remains to be seen whether he can borrow enough money to buy out the shareholders and take it private, although there are rumours that the Saudis have bought a big position and it may be them.
Regards Philip A
I read it that he wants to take it from public listing to private listing.
"A limited company may be "private" or "public". A private limited company's disclosure requirements are lighter, but its shares may not be offered to the general public and therefore cannot be traded on a public stock exchange. This is the major difference between a private limited company and a public limited company."
I think he wants to hide what is going on. The share price fluctuations must be hurting the company.