Yup. I'm surprised they sat on that data while the sp rose 100% in a few days.
Posted via CB10
There is more data Dec 6th, so, I suppose a chance to redeem themselves, but they already have a conference call scheduled for Dec 8th, to discuss future.
So, not sure if that is already bad new planned or what?
By next year, the Gigafactory plans to produce 35 GWh/year of lithium-ion battery cells. According to Tesla, that's almost as much as the rest of the entire world’s battery production combined. Production on some battery cells began last year, but Tesla's announcement that the Gigafactory is in mass production is a milestone for the company. The facility is still years from being fully completed, however, as it is being constructed in stages. When fully complete, Tesla said the Gigafactory could be the biggest building in the world. It is now about 30% complete, with a footprint of 1.9 million square feet. This year, the factory will directly employ about 6,500.
Tesla is using its battery production capabilities to rollout new and cheaper electric cars and energy systems as well. Last year, the company acquired the largest solar installer in the United States, SolarCity, in a $2.6 billion deal.
Anyone still holding their SPHS?
Been a rough hold that's for sure.
Adding to your position?
I still have a core position... I've flipped some on the run ups a couple times but it definitely has been frustrating lately with the companies silence.
I may add if it dips lower from here but I would rather some good news and watch it run...
"Snapchat a market valuation (estimated worth) of $28.3 billion. That’s more than the market capitalization of companies such as Kellogg’s, American Airlines and Campbell’s — just to name a few. Not bad for a company that lost $514 million last year."
Tesla to reveal a pickup truck within two years, and final Model 3 design in July https://techcrunch.com/2017/04/13/te...esign-in-july/
Musk has said that by offering the Model 3, along with the Model S and Model X premium vehicles, it should be able to offer a future compact SUV and a pickup to cover most of the available consumer market.
Well, I wouldn't hold your breath on the model 3 as Telsa is having serious design problems and there is active debate within the company as to whether they can deliver. What we know is that it is seriously delayed at this point. Compact SUV makes some sense but the pickup truck will once again be a serious design problem.
Elon Musk is an interesting character. There are elements of truthfulness and cleverness to his business approach. Unfortunately, there is also a thick layer of bull$hit wrapped around the outside, maintained by a gullible public wanting to believe all aspects of this story. Eventually reality hits.
Say, anybody own shares of Fairfax?
Seems like a somewhat opportune time to consider.
I actually converted much of my bbry position into Fairfax shares the last time bbry ran to 11+...it's served well, even considering the latest bbry run, but you get bigger trading moves / opportunities in bbry itself as it is tied directly to its US trading profile / dynamic. Fairfax often makes short to mid term moves on no real reason, and is only traded in Canada. I assume there are a small number of large positions that are either adding or clearing at a particular given moment and that create this dynamic.