Tesla 2020

Discussion in 'Stocks' started by nursebee, Jan 5, 2020.

  1. nursebee

    nursebee

    pie.PNG
     
    #251     Jul 14, 2020
  2. VicBee

    VicBee

    I concur :thumbsup:
     
    #252     Jul 14, 2020
  3. nursebee

    nursebee

  4. VicBee

    VicBee

    I don't understand the logic for building the factory in Germany for several reasons.
    1. Entrenched union labor. Auto unions in Germany are not only about workers protection, they're also about protecting their industry and the country. I have concerns about allegiance from the labor force.
    2. Europe's highest labor cost. Yes, Germans know how to build cars and Tesla will benefit from their expertise, notwithstanding their questionable allegiance noted above, but that comes at a particularly high cost.
    3. Government interventions. While Tesla will employ a lot of labor and make government look good, the fact remains that Germans are nationalists. They will support and protect their brands any way they can. Permits will take longer to get, inspections will be more frequent, penalties will be more severe.

    Government and union work hand in hand in Germany, with a common goal to make Germany and its businesses stronger. Tesla is a humiliation. Musk will gain automotive manufacturing knowledge but Germany will gain EV expertise which is more valuable in my opinion.
    Musk could have set up shop in Romania, where many European car manufacturers have built factories for a reason.
     
    #254     Jul 14, 2020
  5. Amun Ra

    Amun Ra


    Step 1. Move to Germany
    Step 2. Steal the best talent from the other automakers
    Step 3. Watch the other automakers collapse from lack of talent
    Step 4. Profit.
     
    #255     Jul 14, 2020
  6. nursebee

    nursebee

    Today TSLA set an all time high closing price.
     
    #256     Jul 15, 2020
  7. nursebee

    nursebee

     
    #257     Jul 19, 2020
  8. Cuddles

    Cuddles

     
    #258     Jul 25, 2020
  9. Banjo

    Banjo

    #259     Jul 29, 2020
  10. Cuddles

    Cuddles

    Someone stole a rolodex so Elon's looking to halt the better looking Rivian's release date:

    https://www.foxbusiness.com/markets/tesla-rivian-lawsuit-employees
    Tesla accuses rival Rivian of recruiting employees to steal trade secrets
    Elon Musk-owned company says Rivian has hired former Tesla employees in breach of their non-disclosure agreements
    [​IMG]
     
    #260     Aug 5, 2020