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sNot gonna wade into the political aspect of this thread, but to tie into the original post, here are my thoughts on a few of dumaflotchie's posts as someone who has followed Tesla more than a little closely over the past 9 or 10 months. do they have 500,000 preorders and only sell 12,355 in first quarter (about 2.5%)?

Actually, the pre-orders number never was quite as high as 500,000 from my recollection, but was often cited as being around 420,000. Through Q1 2019, total sales of the Model 3 were quite a bit below that level.

In Sept 2014, the stock was trading at $277. As of now, it is trading at $264. Not bad, only lost 5% over 5 years.

Sarcasm of "not bad" is noted and agreed with.

Good news though.....Elon is putting out a bunch of robots to compete with Lyft, etc. Glad he is staying focused.

Again, noted and concurred with.

SEC, Board member reductions, Model 3 taken off quality lists, cars unsold, canceling showrooms, Solar panels essentially nonexistent as in your powerball, etc.

Buffalo GF2 employment promises have gotten some attention with the local Buffalo news, which I would anticipate continuing. If employment numbers aren't achieved by April 2020, Tesla will owe New York state $41.2M. The strategy shifts just since February 19th, when Elon tweeted the (incorrect) 500,000 vehicles to be produced in 2019 guidance has been incredible. The next morning, 2/20/2019, Dane Butswinkas exited as the General Counsel. The SEC came out with their contempt request on 2/25/2019. Elon announced the the $35,000 Model 3 on 2/28, along with planned closure of most of their sales location to allow the ~6% across-the-board price drop.

The night of Sunday 3/3, Elon tweeted that the Model Y reveal would be on 3/14. There was a WSJ article on Friday 3/8 which basically told Tesla "you can't get out of your lease that easily" which included a quote from Robert Taubman ( and mentioned that Tesla's store lease obligations are about $1.6 billion. Tesla released a blog post early in the morning on Monday 3/11, basically saying, "yeah, we changed our minds about those store closures and we're going to raise prices 3% in conjunction with keeping stores open, so better buy quick before that". That price raise was later delayed from Monday 3/18 to 3/19 or 3/20 by Tesla "due to unusually high website volume" (or maybe just to try to drive a few more sales before the 3/31 quarter end).

Then, of course, there was the autonomous investors day event yesterday, for which they moved inventory vehicles that had been stored at the Deer Creek Road HQ, but has been returned back to storage there today as visible in the Tweet thread linked below.

At this point, it is fully a situation of whether you find Elon Musk believable or not. At this point, I certainly do not find him to be believable. He claims that the numerous other companies that are utilizing LIDAR and HD mapping as part of their autonomous vehicle development are going to end up being wrong, while he and Tesla will end up being right.

Guess we will see.

Seems that plenty of his executives see things differently based on the executive departure list. Even a few directors are on their way out, and have been cashing in some options steadily since setting up 10b5-1 plans in November 2018 (right after the 10Q which disclosed DOJ investigations).

Disclosure: Short TSLA via various options positions

Tomorrow's quarterly financial report should be interesting with the 30% quarter over quarter drop in vehicle deliveries. From ongoing observations from many people on Twitter so far here in April, it does not appear that Q2 deliveries will be any better than Q1.
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