Tesla to cut thousands of jobs as Elon Musk warns the ‘road ahead is very difficult’

taxslave

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Investor Ron Baron is making a killing on Tesla. Here’s what else his fund is betting on
https://www.cnbc.com/2020/02/20/inv...a-heres-what-else-his-fund-is-betting-on.html
Billionaire investor Ron Baron is making a killing on his investment in Elon Musk’s Tesla. Here’s what else his firm is betting on to continue his winning streak, including some unusual names among its top picks.
Baron’s firm, Baron Capital, has a growth portfolio called the Baron Opportunity fund and Tesla sits in its top ten holdings. As of Tuesday, the fund, with about $438 million in net assets, is up 15.73% this year, beating the S&P 500 which is up about 4.7% in 2020 through Wednesday.
Tesla is 5.7% of the net assets in the Opportunity Fund, as of January 31.
Still don't know anything about the stock market do you? The only way he can make a killing off a Tesla stock is if he bought when it was below $200 and sold now while stupid people are buying. As you have been told many times Tesla has no holding value because it doesn't pay dividends.
 

Hoid

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Battery prices keep falling,Tesla keeps improving its product and dropping the cost - already more affordable than comparable ICE dino cars


he early base Tesla Model S with a 40 kWh battery pack, which had a range of 160 miles, starting price of $57,400 before the $7,500 federal tax credit, and a 0–60 mph time of 5.9 seconds. You can now get a Tesla Model 3 Long Range that has 322 miles of range, a starting price of $48,990, and a 0–60 mph time of 4.4 seconds (or 3.9 seconds for $2,000 more). That’s a much quicker car with twice the range for nearly $10,000 less. Or you can get a Tesla Model 3 Performance for $56,990 that has a range of 322 miles and accelerates to 60 mph in 3.2 seconds.

Or you can get a Model 3 Standard Range Plus for $39,990 that has 250 miles of range and a 0–60 mph time of 5.3 seconds. That’s 90 more miles than the early base Model S and significantly better acceleration and tech for nearly $20,000 less.
 

taxslave

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Battery prices keep falling,Tesla keeps improving its product and dropping the cost - already more affordable than comparable ICE dino cars

he early base Tesla Model S with a 40 kWh battery pack, which had a range of 160 miles, starting price of $57,400 before the $7,500 federal tax credit, and a 0–60 mph time of 5.9 seconds. You can now get a Tesla Model 3 Long Range that has 322 miles of range, a starting price of $48,990, and a 0–60 mph time of 4.4 seconds (or 3.9 seconds for $2,000 more). That’s a much quicker car with twice the range for nearly $10,000 less. Or you can get a Tesla Model 3 Performance for $56,990 that has a range of 322 miles and accelerates to 60 mph in 3.2 seconds.
Or you can get a Model 3 Standard Range Plus for $39,990 that has 250 miles of range and a 0–60 mph time of 5.3 seconds. That’s 90 more miles than the early base Model S and significantly better acceleration and tech for nearly $20,000 less.
That is US dollars and still being subsidized by government in order to sell any product.
 

captain morgan

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Tesla still has underperforming, crappy ranges and no doubt under the most pristine driving conditions


The concept works for inner city in warm weather (with no passengers or cargo).... might as well ride a bike
 

Hoid

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That is US dollars and still being subsidized by government in order to sell any product.
Yes, of course it is US dollars and Tesla sells way too many cars to get anything from the US government subsidies anymore.

Those really only help out the little guys.
 

Hoid

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Battery prices keep falling,Tesla keeps improving its product and dropping the cost - already more affordable than comparable ICE dino cars

he early base Tesla Model S with a 40 kWh battery pack, which had a range of 160 miles, starting price of $57,400 before the $7,500 federal tax credit, and a 0–60 mph time of 5.9 seconds. You can now get a Tesla Model 3 Long Range that has 322 miles of range, a starting price of $48,990, and a 0–60 mph time of 4.4 seconds (or 3.9 seconds for $2,000 more). That’s a much quicker car with twice the range for nearly $10,000 less. Or you can get a Tesla Model 3 Performance for $56,990 that has a range of 322 miles and accelerates to 60 mph in 3.2 seconds.
Or you can get a Model 3 Standard Range Plus for $39,990 that has 250 miles of range and a 0–60 mph time of 5.3 seconds. That’s 90 more miles than the early base Model S and significantly better acceleration and tech for nearly $20,000 less.

While $135/kWh is an astounding improvement over early battery costs the long term goal is $100/kWh

At $100/kWh the EV is more affordable than the ICE even without subsidy - of the EV - all the ICE subsidies can remain in place as they are.

There are 2 ways to achieve cost reduction - one is to improve energy density through science, and the other is to reduce production costs. Also through science.

Tesla is doing just that

https://electrek.co/2020/02/26/tesla-secret-roadrunner-project-battery-production-massive-scale/
 

captain morgan

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Yes, of course it is US dollars and Tesla sells way too many cars to get anything from the US government subsidies anymore.

Those really only help out the little guys.


Solyndra


While $135/kWh is an astounding improvement over early battery costs the long term goal is $100/kWh


That is super expensive.. Way more than cost relative to range for ICE vehicle


Totally unaffordable
 

captain morgan

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Tesla down around $100 from just this morning and after hours trading driving the value further into the crapper.


Yikes, I can't imagine the loss that Musk is taking and I'll bet that the loans he took out to keep the price high will be called ASAP
 
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Hoid

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Question. Do you morons think Tesla is the only electric car on the market?

Or is this another Greta thing?
when tesla succeeds it means climate change is not a hoax and that white people are not the only ones who face discrimination.

being anti-tesla is white natty virtue signalling.
 

taxslave

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Yes, of course it is US dollars and Tesla sells way too many cars to get anything from the US government subsidies anymore.
Those really only help out the little guys.
The Canadian government subsidized the purchase of electric cars here. Both in purchase and continued operation. That is the only way any of them sell. A Bolt for example is around $39 000. More with options. The base is a Spark which sells for under $18000. You can buy a lot of gas for the difference in price. But the Bolt gets you $5000 from the taxpayers.
 

Hoid

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The Canadian government subsidized the purchase of electric cars here. Both in purchase and continued operation. That is the only way any of them sell. A Bolt for example is around $39 000. More with options. The base is a Spark which sells for under $18000. You can buy a lot of gas for the difference in price. But the Bolt gets you $5000 from the taxpayers.
Oddly enough I am also anti incentive because it disadvantages Tesla as opposed to other makers - and Tesla is one doing the heavy lifting in terms of infrastructure.

Every government in Canada ought to be in business with Tesla getting the charging networks in place.
 

Twin_Moose

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Oddly enough I am also anti incentive because it disadvantages Tesla as opposed to other makers - and Tesla is one doing the heavy lifting in terms of infrastructure.
Every government in Canada ought to be in business with Tesla getting the charging networks in place.

With all of Tesla's profits you say they're making, maybe they can offer a Quid Pro Quo and ask if the charging stations are set up they will take over one of the shutdown GM plants and start assembling Tesla's here in Canada?
 

captain morgan

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With all of Tesla's profits you say they're making, maybe they can offer a Quid Pro Quo and ask if the charging stations are set up they will take over one of the shutdown GM plants and start assembling Tesla's here in Canada?


Ironically, Tesla et al may be forced (by the market) to install charging stations in order to offer 'practicality' to their buyers.


... But what with the share price of Tesla being savagely murdered these last 2 days, I can only wonder when the banks step in a demand their money.
 

Tecumsehsbones

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when tesla succeeds it means climate change is not a hoax and that white people are not the only ones who face discrimination.
being anti-tesla is white natty virtue signalling.
Nah, it's Greta, as I said. The blind haters can't get their heads around the fact that other manufacturers make electric cars as well. They're not really concerned about electric cars, they just want something to hate. So, Greta and Tesla.