Mega Thread for Tesla Investors

Are you suing?

There is also needs to be a filing, a court document. What is that case number and which court?

Bob Wilson

 

A little Googling and I found the case number. Apparently there has already been a settlement for "Case 5:17-cv-02193":
https://www.leagle.com/decision/infdco20180611611

. . .
20. The Federal Rule of Civil Procedure 23(e) Final Approval Hearing is hereby scheduled to be held before the Court at 9:00 AM on October 17, 2018,at the San Jose Courthouse, Courtroom 3, 5th Floor, 280 S. 1st Street, San Jose, CA 91513, for the following purposes:
. . .
If you purchased Tesla's Enhanced Autopilot in connection with your purchase or lease of a Model S or X car delivered to you on or before September 30, 2017, a class action settlement may affect your rights.
. . .
If the Court approves the Settlement, Tesla will create a $5,415,280 Settlement Fund, from which eligible Settlement Class Members . . . ​

I appreciate your interest in Tesla lawsuits but without case numbers, they really don't tell us much. If you'll post the case numbers of the other lawsuits, we can see what happened. News reports at best can lead to identification of the specific cases so we can then track the legal filings.

Bob Wilson

 

A sell offer at $420... four-twenty!

Nice.

 

It always is, isn't it?

​

 

@TeslaInvestors you last posting had facts and data which is orders of magnitude better than rumors lacking facts and data. Granted, this was more about 'short' sellers changing their opinions. Still, organizations and their new opinions helped more than imprecise rumor articles.

Bob Wilson

 

See, "TeslaInvestors", you are capable of stating things which are true, if you quit copying anti-Tesla pravduh! Congratulations; now try doing that more often!

Gosh yes, demand will be lower once Tesla starts selling to the European market, and starts selling a wider variety of Model 3's, including the lower cost Standard Range version that so many reservation holders are waiting for.



Ah, well I suppose it was too much to hope that you could stop yourself from making false statements for the length of one entire post. It seems that once you start crying "Wolf! Wolf! Wolf!"... you can't stop.

 

Ah HA! Found it!: http://ir.tesla.com/node/19231/html

Still waiting on the Webcast.

Schadenfreude: https://www.engadget.com/2018/10/24/tesla-turns-a-profit-in-q3-despite-musk/?yptr=yahoo

Tesla turns a profit in Q3 despite Musk​

Bob Wilson

 

Not to mention that leasing will also increase demand.

​

 

And a much stronger profit than I thought they could! Hooray!

In ShorterLand tonight (aka Earth-2), there will be much wailing and crying, gnashing of teeth and tearing of hair, much renting of clothes! Or, this being the 21st century, maybe they'll just go out and get very drunk.

Ah, schadenfreude...

 

I don't expect Tesla's Chinese Gigafactory to begin producing Model 3's in 2019; I don't expect to see that until 2020. Now, it's possible that I'll be proven wrong here; it's possible that Tesla will use the "Production line in a tent" plan to jump-start production. However, as has been pointed out in previous discussions, you can't put everything in a tent. The paint shop and the giant metal stamping machines they use to stamp out body panels probably won't be seen underneath a tent. However, it's possible Tesla could install those (temporarily or otherwise) in a nearby existing building and shuttle things back and forth to the tent.

Domenick, do you think Tesla will ship U.S.-made Model 3's to China for sale? I doubt that's going to happen, so long as Tesla has only a single auto assembly plant. Now, if they start making Model 3's at Gigafactory 1 (in Nevada), that might happen. But the Chinese tariffs on imported, U.S.-made cars is a pretty stiff barrier. So long as there is sufficient demand in the U.S., Europe, and other first-world countries, why would Tesla want to ship any Model 3's to China?

 

Calm my friend. We need to read the complete, detailed report that probably won't be posted for another 10 days. Musk mentioned the Q1, 2019 debt that may flat-line the profits. But flat-line is a h*ll of a lot better than the alternatives.

Bob Wilson