Posted on 10/24/2018 2:32:38 PM PDT by Moonman62
Elon Musk is grinning ear to ear today.
Tesla shares jumped nearly 12.72 percent as a former short-seller of the stock cried uncle and admitted that Tesla was "destroying the competition." The stock registered the biggest gain by far on the Entrepreneur Index™. After a volatile day, the index closed down 0.26 percent.
Citron Research, party to a securities class action lawsuit against Tesla over Mr. Musk's tweets earlier this year about going private, published a note this morning saying that Tesla's Model three was causing "a legitimate disruption of the auto industry." Tesla announced yesterday that it would report earnings on Wednesday -- earlier than expected. If, as Musk has promised, the company shows a quarterly profit for the first time and hits revenue targets, the remaining shorts on the stock may really feel the squeeze.
Tesla's big day came in the face of a market that whipsawed from another big sell-off in the morning to an encouraging rally as the day progressed. The yield on the 10-year Treasury bond dropped 8 points in the morning as investors moved cash to safety, then rose five in the afternoon as they returned to the stock market.
(Excerpt) Read more at stamfordadvocate.com ...
I live in Utah and I do this all the time. The last thing I need is a vehicle that I can’t work on.
I’ll tell you my experience with an Escalade: I took a business trip with my vice president and he rented an Escalade. On the freeway, it was the most gutless pig I’d ever been in. Big vehicle, big V-8, where’s the freakin’ power?! Horrible. My VP took it back to the rental place and changed it out for a Ford Escape with the words, “Get this piece of crap out of here.”
It takes concerted effort to make a big V-8 that gutless. That’s a vehicle that was solely designed to look cool as you’re cruising around the hood at 20 MPH. People are spending $80,000 on this base and over $100K with the bling package? I’d get more satisfaction from a Toyota Corolla.
What’s your point? I don’t need to rent a golf cart and attempt to drive it to Vegas to know that that’s a really stupid idea.
And when you stop to charge, you’ll be there for like 10 hours. Call me crazy, I like the 10-minute fuel stops that I do now. And that 10 minutes includes using the bathroom and buying a cold drink. I live in Utah and I do 400 mile road-trips often, too. In an electric car? Gotta be crazy.
OTOH (and since the FBI is doing nothing to nail the various internal enemies of our Constitution)...
FBI probe of Tesla intensifies
Oct. 26, 2018 2:11 PM ET|By: Clark Schultz, SA News Editor
https://seekingalpha.com/news/3401819-fbi-probe-tesla-intensifies
Shares of Tesla (TSLA +1.6%) are in reverse after The Wall Street Journal reports that FBI agents are probing the company over potential misstatements on Model 3 production information.
Sources indicate that the agents are probing the company over statements going back as far as the early part of 2017.
Tesla disclosed last month that the DOJ was asking for information.
Reporting by the WSJ indicates that former Tesla employees have been contacted in the case.
Update from Tesla: “We have not received a subpoena, a request for testimony, or any other formal process, and there have been no additional document requests about this from the Department of Justice for months.”
How long does a Tesla supercharger take to fully charge a car?
https://www.quora.com/How-long-does-a-Tesla-supercharger-take-to-fully-charge-a-car
Charging Your Tesla Model 3 With Just A Wall Outlet – Is It Possible?
https://insideevs.com/charging-your-tesla-model-3-with-just-a-wall-outlet-is-it-possible/
So, what do you drive to grandma's (I'm assuming no stops, at least none required by your vehicle)?
That's a static analysis. You assume demand (and price) for Tesla is constant, independent of the number on the road, until everybody who (currently) wants one has one.
But the fact is, more Teslas on the road will lead either to more people wanting Teslas or to fewer.
Which it is will depend on whether Teslas are truly good cars.
If they are good cars, more people will want them, and the company on the learning curve will reduce the price, causing still more people to want the car, causing demand to soar. On the other hand, if the cars don't work out, word will get around fast, and demand will crash.
Nutty as he his, Elon lands rockets ass first, so that they can be reused. I'm not so sure I'd bet against him.
Tesla has 3 or 4 supercharging stations along I15. Assuming there is no wait at the stations, it would be about a hour to recharge total. It is likely there would be 1 big recharge and possibly a splash and go under ideal conditions. One of the problems with a Tesla is sightseeing off the beaten track. You have to reserve enough charge to get back to a supercharger if on a day trip.
Either a Ford F-150 Super Crew or a Suburban. I have four large kids although most have left the nest.
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