The Lemon Fool

dspp wrote:4. Tesla shareprice is extremely high, $500+. A lot of the shorters are trying again at this new high price. They are therefore highly motivated to continually run FUD stories at TSLA, as are the legacy dino-juice competitors. For various well-understood reasons that includes mainstream media who also tend to amplify these stories. We should expect a lot more of the same.

regards, dspp

God forbid somebody accurately report registration figures in Tesla's home market...

Meatyfool wrote:While it doesn't explain a 46% drop, an aeticle on a website I read last night suggests that this report will under-report as it takes reported data very soon after the end of December. A large proportion of Tesla sales tend to happen in the last two weeks of December - too early for the data to be appear in the source used for the quoted article.

odysseus2000 wrote:Registrations lag sales.

Regards,

The report released on Wednesday showed registrations in California, a bellwether market for the electric-car maker, plummeted 46.5% to 13,584 in the quarter ended December 2019, from 25,402 in the same period a year earlier.

...as they would have done last year, when Tesla was also engaged in a last minute dash to ship as many cars as possible.

BobbyD wrote:...as they would have done last year, when Tesla was also engaged in a last minute dash to ship as many cars as possible.

Indeed, and which data did they use? The fourth quarter stats that didn't include late registrations or those that did. Note it says for the same period, rather than from the same time period/dataset.

Lies, damn lies, and statistics.

Meatyfool..

Meatyfool wrote:

BobbyD wrote:...as they would have done last year, when Tesla was also engaged in a last minute dash to ship as many cars as possible.

Indeed, and which data did they use? The fourth quarter stats that didn't include late registrations or those that did. Note it says for the same period, rather than from the same time period/dataset.

Lies, damn lies, and statistics.

Meatyfool..

For clarification are we supposing that there are cars whose registration will be counted in Dec (Q4) which aren't included in the count (incomplete data), or that there were cars sold in December which won't be in the count because their reg won't go through until Jan (conflating registrations which this report is about, with sales, which it isn't)?

Meatyfool wrote:

BobbyD wrote:...as they would have done last year, when Tesla was also engaged in a last minute dash to ship as many cars as possible.

Indeed, and which data did they use? The fourth quarter stats that didn't include late registrations or those that did. Note it says for the same period, rather than from the same time period/dataset.

Lies, damn lies, and statistics.

Meatyfool..

There is a great assemble of shorts waiting to be fed with comforting words that Tesla are corrupt & cheating & this latest sales v registration is yet another piece of bait to bring the shorts in & it's worked well, but if there is no down side follow through & the stock rallies lots of shorts are going to get pained.

We have seen this short baiting for years now. Sometimes it works but recently the bait has had a hook in it & many shorts are in trouble trying to get off the line and avoid being grassed by the margin clerks.

Regards,

Tesla nudging closer to breaking $500 for the second time in a week in pre-market trading.

https://www.cnet.com/news/2021-genesis- ... ve-review/

Bobby,

This is the article I should have linked in the first place.

Meatyfool..

Meatyfool wrote:https://www.cnet.com/news/2021-genesis-gv80-first-drive-review/

Bobby,

This is the article I should have linked in the first place.

Meatyfool..

Now I'm really puzzled...

2021 Genesis GV80 first drive review: Getting serious

WASHINGTON (Reuters) - The National Highway Traffic Safety Administration (NHTSA) said Friday it will review a petition asking the agency to formally investigate 500,000 Tesla Inc vehicles over sudden unintended acceleration reports.

The petition covers 2012 through 2019 model year Tesla Model S, 2016 through 2019 Tesla Model X, and 2018 through 2019 Tesla Model 3 vehicles, the agency said. The petition cites “127 consumer complaints to NHTSA involving 123 unique vehicles. The reports include 110 crashes and 52 injuries,” the agency added.

Tesla did not immediately comment Friday.

- https://www.reuters.com/article/us-tesl ... SKBN1ZG1IL

Exclusive: Volkswagen to buy 20% of Chinese battery maker Guoxuan amid electric push - sources

HONG KONG/BEIJING (Reuters) - Volkswagen AG (VOWG_p.DE) is set to take a 20% stake in Chinese electric vehicle battery maker Guoxuan High-tech Co Ltd (002074.SZ), two sources told Reuters, as the German firm accelerates its electric push into the world’s largest auto market.

- https://uk.reuters.com/article/uk-guoxa ... KKBN1ZG0EL

This is a super interesting discussion with Munro re the Cyber, starts off with vtol then gets serious on the Cyber. The discussion contains tons of useful stuff including how bad he thought the S was, wouldn't even tear one down, but now he is of a different mind re the Cyber:

https://www.youtube.com/watch?v=_uRwZRPQ8RE

Regards,

odysseus2000 wrote:This is a super interesting discussion with Munro re the Cyber, starts off with vtol then gets serious on the Cyber. The discussion contains tons of useful stuff including how bad he thought the S was, wouldn't even tear one down, but now he is of a different mind re the Cyber:

https://www.youtube.com/watch?v=_uRwZRPQ8RE

Regards,

Now there's a man who makes money off Tesla regardless of the share price.

SpaceX successfully complete final test before crewed flight:

https://www.nasa.gov/press-release/nasa ... d=80901146

Regards,

Tesla moving on with German factory, but will search for UXB before starting to dig:

https://www.reuters.com/article/us-tesl ... SKBN1ZI0MV

Regards,

Tesla driver dies after car bursts into flames in Pleasanton crash

...But the incident didn’t end there. “After the 2018 Tesla Model S was cleared from the scene, the vehicle’s battery reignited and crews were sent to contain the fire,” Pleasanton police wrote in an update on Facebook.

- https://www.sfchronicle.com/bayarea/art ... 987847.php

Finding a way of this happening less frequently would be good...

Tesla say no unintended acceleration, that they investigate and that the suit has been brought by a short seller:

https://www.tesla.com/en_GB/blog/no-uni ... edirect=no

Regards,

odysseus2000 wrote:Tesla say no unintended acceleration, that they investigate and that the suit has been brought by a short seller:

https://www.tesla.com/en_GB/blog/no-uni ... edirect=no

Regards,

There is no suit, there is an NHTSA investigation. The investigatioon isn't being carried out by a short seller it's being carried out by the NHTSA.


More Chinese EV's:

Chinese car making joint venture FAW-Volkswagen said it planned to launch 29 new vehicle models this year, including six new energy vehicles, as the company looks to continue to outperform in its domestic market.

Last week, Volkswagen Group China reported a 1.7% sales in rise new vehicle sales in China last year to 3.163m units, of which a record 2.13m vehicles were sold by FAW-Volkswagen, while the overall Chinese vehicle market declined by 8.2% to 25.769m units.

- https://www.just-auto.com/news/faw-volk ... 93180.aspx

I hesitate to post a link to this article given that this successful thread is coming up to 200 pages

Tesla lost market share in the USA in 2019. It lost share to pretty well every premium brand.


Based on the broadly-accepted Insideevs estimates for Tesla’s U.S. unit sales, it grew 0.3% in 2019, to 192,250 units from 191,687 in 2018.

Several other luxury/premium car brands grew faster in the U.S. in 2019, including BMW, Mercedes, Volvo, Audi, Jaguar, Land Rover, Lincoln and Cadillac.

They all grew faster than Tesla both as measured in absolute units and as measured as a percentage.

In other words, even before we adjust for average selling prices - let alone profitability - Tesla lost market share to these competitors in the U.S. market in 2019.

regards

Howard

https://seekingalpha.com/article/431806 ... king_alpha

Howard wrote:I hesitate to post a link to this article given that this successful thread is coming up to 200 pages

Tesla lost market share in the USA in 2019. It lost share to pretty well every premium brand.


Based on the broadly-accepted Insideevs estimates for Tesla’s U.S. unit sales, it grew 0.3% in 2019, to 192,250 units from 191,687 in 2018.

Several other luxury/premium car brands grew faster in the U.S. in 2019, including BMW, Mercedes, Volvo, Audi, Jaguar, Land Rover, Lincoln and Cadillac.

They all grew faster than Tesla both as measured in absolute units and as measured as a percentage.

In other words, even before we adjust for average selling prices - let alone profitability - Tesla lost market share to these competitors in the U.S. market in 2019.

regards

Howard

https://seekingalpha.com/article/431806 ... king_alpha

So a question for you.

Given your analysis of automotive sales, why is Tesla's share price still near all time highs?

Regards,

Interesting comment re electric cars etc by former Ford CEO:

https://youtu.be/0pD3RCcdQ2c

Regards,