All I'm saying is that a GTR is much more than a sub-3 sec. AWD car. And I don't really even like the car. The Tesla drivetrain engineers get my respect though. I don't know if I can say the same about the interior team or the CEO
Same thing it would do to any Northern California company. If you're running with that you better price in your "earthquake discount" into Google, Apple, Facebook..... And your "hurricane discount" into BMW, Mercedes, Airbus... and everyone else who makes shit in the SE. And your "tornado discount" into Berkshire Hathaway........
Fremont CA Fremont CA Fremont CA...There is NO back up at all. You know Google, Apple, and Facebook all have other locations...And they are software companies. If a major issue (earthquake) hit Northern California those companies have backup upon backups in their programs. Yeah, there would be disruption, but not like Tesla. Tesla is a car company with great software. But Tesla (making the car), is in one location and they are holding on by a toe nail. They owe venders, nah, won't go into all their problems...You know them. Let me say one last idea...Car recall. If or when it happens, where will it get done?? Basic problem that happens to ALL car companies. I'm not talking about software. What if it's a hardware issue...
Plenty of Boeing and Airbus parts that are only assembled in SC or AL, you could say the same about them and a hurricane. An earthquake is the least of Tesla's worries at this point, if the company is sound there are plenty of folks who will lend to cover the loss from a temporary event like that. I'd rate it at item number 578 that might kill Tesla, soundly between number 577, Elon Musk being killed in an airplane crash and number 579, Elon Musk surviving that airplane crash
Tesla is considering building the Model Y in Nevada, where they have their Megafactory. So they will have a back up.
https://buffalonews.com/2019/04/25/david-robinson-teslas-solar-business-takes-an-ugly-turn/ David Robinson: Tesla's solar business takes an ugly turn But the numbers – and Musk's own comments – don't provide much reason to be optimistic, at least in the short run. For starters, Tesla's solar energy business is just a shadow of what it was under SolarCity and when state officials agreed to spend $750 million in taxpayer money to build and partially equip a massive factory for what was then a fast-growing company in a next-generation business. And it's shrinking fast. Tesla's first-quarter installations plunged by 38 percent from a year ago to their lowest level in more than five years. Not once since the fall of 2013 had Tesla – or SolarCity before it – installed less than 73 megawatts of solar generating capacity during a single quarter. In the first quarter of this year, it installed just 47 megawatts – less than a third of what it did during the same period just two years ago. That puts Tesla on pace for less than 200 megawatts of solar installations this year, although Musk said he expects conventional rooftop solar installations to start to rebound during the second half as it unveils a new pricing and deployment strategy with an upfront payment of as little as $99, possibly as early as next week. "That way, there should be no reason for anyone not to have solar generation on their roof," Musk said. "We have finally refined the product offering to be something that’s extremely compelling and much more cost efficient to deliver and install." https://finance.yahoo.com/news/tesla-stock-worst-debacle-wedbush-downgrade-neutral-132503941.html Self-proclaimed Tesla bull says Q1 was one of the worst debacles he's seen in 20 years https://www.thestreet.com/investing/stocks/tesla-bull-throws-in-the-towel-14938128 Long-Time Tesla Bull Throws in the Towel, Downgrades Stock to Neutral The electric carmaker has lost its way, wrote Wedbush analyst Dan Ives.
https://vancouversun.com/news/local-news/coquitlam-fire-chief-says-no-issues-battling-tesla-blaze “It was a single vehicle accident, the car hit a lamppost at what we were advised was likely at a very high speed,” Ogloff said. “The impact of the car was such that it split the casing of the battery. In terms of extinguishment they put the car fire out, but the battery cells retained heat so it was puffing smoke and continued to puff smoke.”
That is not exactly true, the Elon quote goes like this: "Maybe in Fremont, maybe in Nevada. Maybe go fuck yourself.*" * For those not getting it, that is a Mark Wahlberg quote
Both parties are asking for more time in the court case. Leaked SEC letter to the judge: SEC: "Dear Judge Nathan, Musk committed clear securities fraud but our SEC boss is very much in love with Elon and so many Silicon valley billionaires did urge us to let him off the hook. Which we did. Our SF head left shortly thereafter - she seemed a bit pissed off that we somewhat blocked her from enforcing our rules and regulations. Anyway, that's a small price to pay. Now, everything went fine for a while. Elon expectedly disobeyed the settlement from day#1 but nobody bothered, except for some TeslaQ haters, most of which are living probably in their moms' basements. That is, until Elon violated the settlement so obviously and blatantly that his lawyer had to publicly step in, which in turn unfortunately forced our hand, too, even though we would have preferred not to act. So, here we are, dear Judge. We really, really don't want to do any harm to this great entrepreneur. Also, of what use is it if the stock crashed here? Look at all the investors large and small who have bought the stock and are inclined to buy even more. It's clearly their fault if they later lose money, not our fault , as the company's dismal finances and earnings are clear for all to see. If they rather listen to Elon than reading the 10-Qs and 10-Ks, hey, they have nobody to blame but themselves! Yes, Elon often says stuff that differs massively from those filings, but doesn't everybody know that the printed word is important, not some talk on twitter or earnings calls or company events? But our already tarnished reputation is at stake, so we must do something. Or at least appear to do something. Something that looks tough but doesn't harm "Elon". Unfortunately, we haven't found anything that would fit this bill - please, give us some more days. sincerely and desperately, the SEC P.s. Dear Judge, if perhaps you could come up with any tough looking, but non-harmful non-punishment, we would gladly appreciate it and happily agree to it." ------------------------ This is a parody from SA, for those who didn't get it...
Shares are sinking below support for the past 2 years. Could get interesting here, I have them as short-term OS but that's also when crashes happen. And we're not too far from where the Musk Margin Call risk becomes reality.