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Cue $TSLAQ talking about the Tesla bubble. Really cool to watch Tesla absolutely kick ass.

by rpmisms 7y ago

xkjkls 7y ago
Is this good though? They didn't meet expectations.
- adventured 7y ago
  Yeah it's still good, just not perfect or ideal. 97,000 was above what several prominent forecasts had. The meet expectations game is de facto Wall Street financial fraud. They very aggressively, very openly use it either direction to manipulate the market as they see fit. It's one of the few direct levers of fraud they have that won't get them thrown into prison. And on the other side, you have companies like Cisco that for a decade had a notorious reputation for beating estimates perfectly, by a penny. Every single time, like magic. Obvious financial gaming.
  - xkjkls 7y ago
    The FactSet sell-side consensus was 99,000. That’s normally what people look at when they quote “expectations”. And for the most part analysts, I don’t know if you’ve ever met one, are honest people. There can be perverse incentives at times, but calling stock analysts fraudsters isn’t accurate
daxorid 7y ago
TSLAQ is actually quite happy with this number, with the stock down 5% AH. The multiple on this stock has it pegged to be an extreme growth company, but 5% annualized delivery growth with shrinking ASPs is decidedly not a "growth" number. TSLAQ is wrong that it's a fraud and/or insolvent. But they're absolutely right that its valuation is absurd and needs to eventually come down to meet reality.
- danhak 7y ago
  That annualized delivery growth figure does not take into account that the Fremont factory is pegged, they have another factory coming online this quarter, and have 4 unreleased vehicles in the pipeline—-more than doubling their lineup—-one of which (Model Y crossover) is in the hottest segment.
  - new_realist 7y ago
    The Fremont factory was supposed to deliver 10K cars a week.
    - zaroth 7y ago
      In February this year Elon predicted they would reach 500k annualized production rate by the end of this year. This includes output from GF3. I think they will reach (or very nearly reach) this target.
- cma 7y ago
  I think the promises around FSD are fraud, especially since they took a lot of money for it on basically just an over-optimistic hunch of being able to deliver it.
  - elisharobinson 7y ago
    Did you pay for it.
    - cma 7y ago
      what’s the implication supposed to be?
      - elisharobinson 7y ago
        R u a dissatisfied customer

Cue $TSLAQ talking about the Tesla bubble. Really cool to watch Tesla absolutely kick ass.

xkjkls 7y ago

Is this good though? They didn't meet expectations.

adventured 7y ago
Yeah it's still good, just not perfect or ideal. 97,000 was above what several prominent forecasts had. The meet expectations game is de facto Wall Street financial fraud. They very aggressively, very openly use it either direction to manipulate the market as they see fit. It's one of the few direct levers of fraud they have that won't get them thrown into prison. And on the other side, you have companies like Cisco that for a decade had a notorious reputation for beating estimates perfectly, by a penny. Every single time, like magic. Obvious financial gaming.
- xkjkls 7y ago
  The FactSet sell-side consensus was 99,000. That’s normally what people look at when they quote “expectations”. And for the most part analysts, I don’t know if you’ve ever met one, are honest people. There can be perverse incentives at times, but calling stock analysts fraudsters isn’t accurate

daxorid 7y ago

TSLAQ is actually quite happy with this number, with the stock down 5% AH. The multiple on this stock has it pegged to be an extreme growth company, but 5% annualized delivery growth with shrinking ASPs is decidedly not a "growth" number. TSLAQ is wrong that it's a fraud and/or insolvent. But they're absolutely right that its valuation is absurd and needs to eventually come down to meet reality.

danhak 7y ago
That annualized delivery growth figure does not take into account that the Fremont factory is pegged, they have another factory coming online this quarter, and have 4 unreleased vehicles in the pipeline—-more than doubling their lineup—-one of which (Model Y crossover) is in the hottest segment.
- new_realist 7y ago
  The Fremont factory was supposed to deliver 10K cars a week.
  - zaroth 7y ago
    In February this year Elon predicted they would reach 500k annualized production rate by the end of this year. This includes output from GF3. I think they will reach (or very nearly reach) this target.
cma 7y ago
I think the promises around FSD are fraud, especially since they took a lot of money for it on basically just an over-optimistic hunch of being able to deliver it.
- elisharobinson 7y ago
  Did you pay for it.
  - cma 7y ago
    what’s the implication supposed to be?
    - elisharobinson 7y ago
      R u a dissatisfied customer