👀
$Tesla(TSLA.US$ Retail shaky traders panic selling because it wasn’t a FUN presentation 😂
(though I AGREE that the content should have been better exposed)
Tesla confirmed they will produce the new car based on the 3rd generation platform in the gigafactory they are about to build in Mexico. They already started the costruction of their lithium refinery in Texas, and are ramping up the 4680 battery production in Nevada. Plus, the new dry chemistry is working as espected in mass production tests, so they won’t be battery constrained and Tesla will get all the possible public funding.
What I heard is GREAT in terms of future profit and market dominance. With the 50% less expensive platform for the “Model 2” compact car and for the Van (passengers and commercial) they will be able to “play” with prices (=demand) as much as they like.
In SINTHESYS: the so-called competition will get only the leftovers and the demand that Tesla won’t be able (or willing) to satisfy.
Ps. The ROBOTAXI is not a specific car, it’s whichever Tesla equipped with gen 3 or 4 hardware and specific software. The 3 gen platform may come with removable steering wheel and pedals versions for robotaxis and automated delivery fleets.
The stock price fluctuation, due to the “sell the news” effect and to those who just didn’t like the presentation (they should care more about the economic content…) is just another opportunity to buy at low price.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
TESLA holder and trader. Economics and tech studies, writer, traveller and chef for passion. FREE in SouthAmerica 😎
2077Followers
90Following
6971Visitors
Follow
TeslaSmurf OP : They won’t unveil the new cars until a specific “Presentation Day” I suppose
They won’t launch a car without being able to mass produce it with certainty. They won’t repeat the Cybertuck error, nor do what Gm does: a variety of prototypes but zero mass production.
Jay-Jay : I think it was mostly a good presentation. in such an event you have to walk a fine line between entertaining and informing. I haven't seen anyone lay out such a plan so it was productive
TeslaSmurf OP Jay-Jay : Yes, but you HAVE TO think at the consequences of how and what you say from such a stage. In my opinion it was TREMENDOUSLY positive, but the stock price is a whole different stuff. Bone headed analysts and day traders had been illusioned (not by Tesla) that they would reveal a new car (as Gm does without producing them in any relevant numbers).
TeslaSmurf OP TeslaSmurf OP : Elon doesn’t care AT ALL and, maybe, in the company perspective is the right thing to do: too many speculators on “other’s” every day’s hard work and investment”. The mass of day traders don’t deserve to profit from Tesla, this is the truth. And I include myself there, though I am a long-term shareholder too.
ZnWC : Tesla needs people like us to explain the new technology to the non-technical (investors, analysts, shorters, holders etc) in language that they can understand.
I think Robotaxi is one way Tesla can demonstrate AI tech to the world. If it succeeds, AI tech can be implemented to Optimus.
ZnWC TeslaSmurf OP : I think Elon doesn't care much about the share price nor if he is the richest man in the worth. He just wants to get the job done and ensure his vision comes through - a clear path to a fully sustainable Earth ... to support a civilisation bigger than Earth ... probably Mars.