Thought I would post some of the LATEST general Tesla news..
There are over 500 active lawsuits against Tesla, from everything like body repair shops fixing Tesla's and not getting paid, or people not getting their deposit or "7-day full purchase/change their mind refund" money back.
https://twitter.com/PlainSite/status/1123386013131264000
https://twitter.com/PlainSite/status/1123385595089154049
Here is the latest bigger noteworthy one
Wrongful death lawsuit filed in deadly, fiery Tesla crash in Mountain View
https://abc7news.com/5278752/
Wednesday, May 1st, 2019 12:46PM
MOUNTAIN VIEW, Calif. (KGO) -- A lawsuit has been filed in connection with the fiery crash in Mountain View that left an Apple engineer dead.
There has been a massive amount of money exiting Tesla shares from experience fund managers/long time holders, and its only been accelerating.
I guess this is again the classic story where inexperienced retail investors jump in and buy Tesla stock from the exiting funds.
https://twitter.com/Paul_M_Huettner/status/1123424897047367681
You can even just see the official documents of the most senior executives inside Tesla selling millions of dollars worth of their shares just in the last few days when the average retail investor is probably viewing Tesla's stock price as great value now. If you look carefully you can see he sold a lot of his shares at $233, I guess to ensure he gets out. But he was awarded this stock at around $31 a share and has a truckload of them. And he is one of only many executives inside the company who have a lot of shares and have logically only begun to start selling off.
https://www.sec.gov/Archives/edgar/data/1318605/000149472719000005/xslF345X03/edgardoc.xml
Tesla solar panel business is incredibly loss-making, it's going to try solving the problem by practically giving away the solar panels.
https://www.zerohedge.com/news/2019-04-30/teslas-firesale-its-solar-inventory-begins
There is actually a remarkable amount of fraud behind Tesla's solar business and some people are in jail because of it. But Tesla/Elon closest people have managed to stay clear of the mess and managed to "cleanly" pick up the $750million gov grant money.
https://www.democratandchronicle.com/story/news/politics/albany/2018/12/11/alain-kaloyeros-suny-poly-sentence/2207459002/
Rich people don't need your money to buy electric cars
https://www.foxnews.com/opinion/steve-forbes-electric-cars-ev-tax-credit
More articles of Tesla owners complaining it took 6months to get their Tesla repaired for minor damage.
The thing about owning a Tesla no one talks about — nightmarish repair delays
https://www.seattlepi.com/cars/article/tesla-repair-wait-time-complaints-electric-car-13796037.php?utm_campaign=socialflow&utm_medium=referral&utm_source=t.co
A 2018 Los Angeles Times article noted that at most U.S. automobile dealers, weeks-long waits for routine auto repair are rare, and months-long waits for body parts are practically unheard of for all but the most exotic vehicles. That's because their inventories normally stock spare parts from automakers and after-market manufacturers.
But Tesla does not sell its cars to dealerships like other automakers; it owns and runs retail and service operations.
More "spontaneous combustion stories of Tesla Model-S EVs", I find it disturbing you guys think these are rare one-offs, they keep happening frequently, sure you can argue cars go up in flames all the time and its not news, but for a still rather rare model of car its interesting to see how easy it is to find model-S cars bursting into flames.
The ONLY thing that made the China one special was the CCTV camera was recording BEFORE the fire, unlike the ones that invariably happen that only get photoed/filmed AFTER the fire.
https://twitter.com/PetervErp/status/1113335957762248704
https://www.autobahn.eu/12895/tesla-model-s-brandt-volledig-uit-in-oss/
TeslaCharts making "easily absorbable charts" to help show how the demand for Tesla cars has vanished compared to last year.
https://twitter.com/TeslaCharts/status/1123189413230419969
Tesla Discloses Record Pollution Credits for Q1: Without Them, it Would Have Lost $918 Million and Bled $1.14 Billion in Cash
https://wolfstreet.com/2019/04/29/tesla-discloses-record-pollution-credits-for-q1-without-them-it-would-have-lost-918-million-and-bled-1-14-billion-in-cash/
Ugly turns uglier as a Tesla filing shows results were goosed by a surge in credits
https://www.latimes.com/business/autos/la-fi-hy-tesla-musk-revenue-sec-filing-20190430-story.html
^These articles point out that Tesla really lost about $1billion dollars in a single quarter.
Tesla had about 3 years of pent-up orders/demand for Model-3 EVs and sold/delivered them over roughly 2quarters and arguably didn't make money if you include the fact they were based on the selling of emissions reduction credits.
So now, it has the bulk of its pent-up orders delivered, Tesla has turned from a roughly $1billion dollar per-
year loss-making company to a full-blown $1billion per-
quarter loss-making company
Here is my final link below, really seems to be an increasing thing now on YouTube/Twitter to deliberately leave people "triggered", not as an insult but conversely to help drill through to them, as they tend to be brainwashed by broadcast mainstream media. I really am convinced that there is nothing more invisibly destructive in this world than the concentrated power causing effects of broadcast media, everything must be replaced with IP-streaming only media.
I tried to make the link between energy/co2/costs more easily absorbable in a single post below and how current EVs simply do not reduce emissions and as Ozzie Zehner worded it nicely, its just "bullshit"
https://endless-sphere.com/forums/viewtopic.php?f=7&t=89002&p=1462581#p1462581
To me this stuff reminds me of what IQ tests are, IQ tests are just puzzles to solve, the harder the puzzle you can answer the more it shows you can absorb the information in front of you and interpret it for a logical/factual answer, this then suggests the higher your IQ is likely to be.
To me, looking at the co2 emissions of the extra metals/elements used to produce a Lithium battery pack and understanding that its equivalent to around roughly 100,000km of combustion vehicle driving on average, is an IQ test/puzzle equivalent elimination test of around 80, in other words, it's not that hard to understand, there is no mystery.
The fact that folks who love EVs and claim they are more environmentally friendly use rebuttal EV articles that ultimately argue that its more or less the same if you charge the EV from a very clean electricity source as their main argument is very disturbing. Ideally, rebuttal articles should be claiming EVs are massively cleaner than ICE vehicles and it should be "night and day clear" to read, instead they just ultimately say "well it's close, but in an ideal world the EV can be viewed as cleaner..", that's just crap.
It's more of an argument of politics, ideology and money rather than anything to do with logic and facts.
Whether you enjoy buying/driving/supporting lithium battery cars just because you like them is an entirely different topic, but there is no logic to me that they currently lower co2 emissions, they just displace co2 emissions elsewhere.
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*ADD/EDIT*
Look at this guys summary on Tesla, starts here.
https://seekingalpha.com/article/4258380-stanphyl-capital-letter-april-2019
But on page 13 has its end summary and it mentions Tesla's total debt which I had wondered about but never bothered looking up.
Tesla has quote "
roughly $34 billion in debt".
https://seekingalpha.com/article/4258380-stanphyl-capital-letter-april-2019?page=13
Also "
while its market cap approximately equals that of Ford and is close to GM’s despite selling approximately 250,000 cars a year while Ford and GM make billions of dollars selling 6 million and 8.4 million vehicles respectively."
That's a lot of debt to make all the EV magic happen and just to end up with a company losing about $1billion per quarter? I guess its a win for the everyday car/EV consumer, unless it's the general public that has to bail out the banks that lent all the money.
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*ADD/EDIT*
I thought $1billion loss of money per quarter from now one was certain for Tesla but it turns out I am a bit too bearish, this short write up of the situation claims $500million to $1b in range per quarter.
https://twitter.com/TeslaCharts/status/1124291364479545345
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Another Tesla Model S catches fire inside the garage of San Francisco home. For some reason, the Model S Tesla's do catch fire on a remarkably frequent basis and get on the news, who knows, maybe there's a new fire starting up somewhere as I am typing..
https://www.kron4.com/news/national/tesla-catches-fire-inside-garage-of-san-francisco-home/1975931200
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*ADD/EDIT*
I don't know if anyone looks at these but I will put it here anyway.
This Reddit post with this Youtube video inside is very interesting, starts off kind of boring though.
Check these comments or near end of the video, turns out Tesla's computer storage flash/drive writes logs so hard that it wears-out the NAND chip dead, normally this is solved with traditional SSD drives because they use an internal controller and spread the data over around 8 separate flash chips to reduce wear so the drive lasts longer.
But Tesla tried to save money by looks of it and just stuck 1 NAND storage chip their computer and it wears out.
https://youtu.be/o-7b1waoj9Q?t=711
https://www.reddit.com/r/teslamotors/comments/blt9v8/rich_rebuilds_ingineerix_highlight_mcu_flaw/
Also in the video, he is taking a wrecked Tesla model 3 and putting its guts into a large van/vehicle.
https://youtu.be/o-7b1waoj9Q?t=289
Here it talks about the fact that Tesla won't replace the worn out nand-flash computer board if its past 3 years warranty, and if you want to buy a new one from Tesla they deliberately force you to buy a whole set of new computer system parts for about $2200, instead of just replacing the single board.
https://youtu.be/o-7b1waoj9Q?t=836
He then talks about the fact that it all makes Tesla cars very difficult and expensive to repair and thus insurance companies are finding less bidders at scrap/resale yards because of the difficulty fixing them. So some insurance companies are electing not to insure Tesla cars at all, this is why Elon is starting his own insurance company for Tesla
https://www.cnbc.com/2019/04/24/elon-musk-tesla-will-launch-an-insurance-product-in-about-a-month.html
Watch the whole video here.
[youtube]o-7b1waoj9Q[/youtube]
The guy whos actually on video has his own channel here
https://www.youtube.com/user/Ingineerix/videos