Crown

Also nice:

https://www.youtube.com/watch?v=Wanr0LThvkM

MKSGR:

Also nice:

https://www.youtube.com/watch?v=Wanr0LThvkM

 

He drives his car 100.000km/year and tow a lot. Also this is one of the first P90D X-models produced back in mid 2016 and a lot has happened since. This particular issue resulted that he got a completely new battery pack under warranty.

90kWh battery pack also got discontinued due to some issues with heat that doesn't exist with 75/100-pack with different chemistry.

MKSGR:

Also nice:

https://www.youtube.com/watch?v=Wanr0LThvkM

 

I watched a few of his videos and it's kind of interesting how the supercharger stations become a sort of social gathering point for the owners who are there. 

Enmanuel:

MKSGR:

Also nice:

https://www.youtube.com/watch?v=Wanr0LThvkM

 

I watched a few of his videos and it's kind of interesting how the supercharger stations become a sort of social gathering point for the owners who are there. 

What else is one to do for the next forty five minutes?

CGX car nut:

Enmanuel:

MKSGR:

Also nice:

https://www.youtube.com/watch?v=Wanr0LThvkM

 

I watched a few of his videos and it's kind of interesting how the supercharger stations become a sort of social gathering point for the owners who are there. 

What else is one to do for the next forty five minutes?

True haha. Maybe Tesla should capitalize on this and expand the idea by making the superchargers an actual meeting point. I noticed he also mentioned having to "go find a bathroom or snack" a few times while he was at the superchargers, since there wasn't anything there other than the chargers themselves. Although otoh that would add costs to the charging infrastructure and drive up the price for charging, potentially preventing it from being free to some costumers and too expensive to others. 

......they should install superchargers at Starbucks

There’s some really innovation at Tesla - the Supercharger convenience store exclusively for the Tesla elite:  https://www.theverge.com/2017/9/22/16350082/tesla-supercharger-convenience-store-gas-station

964C2:

......they should install superchargers at Starbucks

RC (Germany) - Rennteam Editor Porsche 991.2 Carrera GTS Cabriolet (2018), Porsche Cayenne S Diesel (2017), Audi R8 V10 Plus (2016), Mini JCW (2015)

964C2:

......they should install superchargers at Starbucks

More like a proper steak house for the amount of time one has to wait for a full charge.

Whoopsy:

964C2:

......they should install superchargers at Starbucks

 

More like a proper steak house for the amount of time one has to wait for a full charge.

Even better...a steak house with a Starbucks. 

RC (Germany) - Rennteam Editor Porsche 991.2 Carrera GTS Cabriolet (2018), Porsche Cayenne S Diesel (2017), Audi R8 V10 Plus (2016), Mini JCW (2015)

Possibilities for supercharger associated businesses are endless. What else can you do in 45 mins.. ?  

Whoopsy:

964C2:

......they should install superchargers at Starbucks

 

More like a proper steak house for the amount of time one has to wait for a full charge.

That doesn’t fit in with Tesla’s vegan leather ethos; however, it does take time to prepare all those raw vegetables.  

Enmanuel:

CGX car nut:

Enmanuel:

MKSGR:

Also nice:

https://www.youtube.com/watch?v=Wanr0LThvkM

 

I watched a few of his videos and it's kind of interesting how the supercharger stations become a sort of social gathering point for the owners who are there. 

What else is one to do for the next forty five minutes?

True haha. Maybe Tesla should capitalize on this and expand the idea by making the superchargers an actual meeting point. I noticed he also mentioned having to "go find a bathroom or snack" a few times while he was at the superchargers, since there wasn't anything there other than the chargers themselves. Although otoh that would add costs to the charging infrastructure and drive up the price for charging, potentially preventing it from being free to some costumers and too expensive to others. 

 

 

Couple of gas station chains in the Nordic have been commenting that actually Tesla customers bring in more revenue than the average tank filler: because they stay 30-45 mins on the station, they eat, buy candy etc high-revenue products.

Kimi:

Enmanuel:

CGX car nut:

Enmanuel:

MKSGR:

Also nice:

https://www.youtube.com/watch?v=Wanr0LThvkM

 

I watched a few of his videos and it's kind of interesting how the supercharger stations become a sort of social gathering point for the owners who are there. 

What else is one to do for the next forty five minutes?

True haha. Maybe Tesla should capitalize on this and expand the idea by making the superchargers an actual meeting point. I noticed he also mentioned having to "go find a bathroom or snack" a few times while he was at the superchargers, since there wasn't anything there other than the chargers themselves. Although otoh that would add costs to the charging infrastructure and drive up the price for charging, potentially preventing it from being free to some costumers and too expensive to others. 

 

 

Couple of gas station chains in the Nordic have been commenting that actually Tesla customers bring in more revenue than the average tank filler: because they stay 30-45 mins on the station, they eat, buy candy etc high-revenue products.

 

There are enough obese people in the States...

Just imagine a European gas station along a major highway during holiday seasons and people spending 45-60 minutes at a pump instead the usual 5 minutes. 😱

They could transform the parking lots into charging stations but the cost will be insane because they need hundreds(!) of charging stations to make it work.

Not easy I'm afraid...

RC (Germany) - Rennteam Editor Porsche 991.2 Carrera GTS Cabriolet (2018), Porsche Cayenne S Diesel (2017), Audi R8 V10 Plus (2016), Mini JCW (2015)

https://youtu.be/l3ELVACR2VY

Level 4 autonomous drive by Renault.  

Musk & Co. miss even the most generous of analyst estimates on Model 3 production.  

https://www.bloomberg.com/news/articles/2018-01-03/tesla-delays-model-production-goal-as-deliveries-miss-estimates

Old news.

That was known the moment he announced his target.

Whoopsy:

Old news.

That was known the moment he announced his target.

Confirmation of that exaggeration.    Anyone else would be subject to investigation on securities fraud and/or forced to step down as CEO.  

CGX car nut:

Whoopsy:

Old news.

That was known the moment he announced his target.

Confirmation of that exaggeration.    Anyone else would be subject to investigation on securities fraud and/or forced to step down as CEO.  

There will certainly be increased scrutiny from the equity and debt markets (along with the credit rating agencies) when Tesla is forced to seek a capital raise on the back of a liquidity shortfall in 2018. The "risk factors" in the offering prospectus will be tough to agree with legal counsel without seriously highlighting the risk of a Chapter 11 filing. Indeed, the company directors may have some serious hurdles to avoid a "going concern" qualification in their 2017FY audit opinion. Investors and depositors should also watch out for a deterioration in the working capital position if suppliers are concerned about the liquidity position, which could accelerate their industry leading cash burn...  (caveat emptor)

And what if Elon is the mysterious creator of the Bitcon and secured a good bunch for his companies ? 

 964 Carrera 4 --  997.2 C2S , -20mm --  991 GT3 RS 

Gnil:

And what if Elon is the mysterious creator of the Bitcon and secured a good bunch for his companies ? 

If that was the case, they would appear as an asset on the balance sheet... and they clearly don't! 

More likely there will be an exclusive offering of "Founder Tickets" for the first 200 myopic customers who have $10m spare and would like to travel with Elon to Mars, with the first shuttle service expected to be ready for a test flight in the next 50-75 years or so... please don't hold your breath! 

The SEC compliance division should have an open investigation on Musk for continual providing fictitious guidance to the market.  Mistakes are made and expectations aren’t always met but there is a consistent trend at Tesla.   One can always tell when the goals aren’t met, Musk rolls out myriad stories of pending product. He’s quite the feels good peddler.   One should also note that his compensation is granted equity based on non-financial milestones such as starting Model 3 production.   Using this approach he has put billions in his pocket.   

Not sure Musk is fleecing folks for money, just a nerd who's taking it too far IMHO. A typical IT engineer - next bright-shiny thing will always be his focus.

991 Carrera Black Edition, XC90 Black\Black - 2 kids, 1 dog

Fictitious guidance? He thought they could do it and it was wrong. Happens to companies quarter after quarter. No one is forced to buy or hold. If you don't believe him or their track record, don't buy. If he has a history of underachieving, the market will work itself out.

As of right now he missed guidance big time and the stock barely budged.

At the end of the day, unless he's hiding a liquidity problem, there is really nothing wrong with being a bit behind schedule. What's 6 months if your business model is forward looking for the next 10 years?

noone1:

Fictitious guidance? He thought they could do it and it was wrong. Happens to companies quarter after quarter. No one is forced to buy or hold. If you don't believe him or their track record, don't buy. If he has a history of underachieving, the market will work itself out.

As of right now he missed guidance big time and the stock barely budged.

At the end of the day, unless he's hiding a liquidity problem, there is really nothing wrong with being a bit behind schedule. What's 6 months if your business model is forward looking for the next 10 years?

Tesla's imminent liquidity problem is not hidden...

...it's fairly obvious! 

noone1:

Fictitious guidance? He thought they could do it and it was wrong. Happens to companies quarter after quarter. No one is forced to buy or hold. If you don't believe him or their track record, don't buy. If he has a history of underachieving, the market will work itself out.

Pretty much. You can have the street and analysts turn against you for constant misses but as long as you have a reasonable expectation of meeting your guidance the fact that you don't certainly isn't illegal or cause for the SEC to investigate. 

Past-President, Porsche Club of America - Upper Canada Region

Mithras:

noone1:

Fictitious guidance? He thought they could do it and it was wrong. Happens to companies quarter after quarter. No one is forced to buy or hold. If you don't believe him or their track record, don't buy. If he has a history of underachieving, the market will work itself out.

Pretty much. You can have the street and analysts turn against you for constant misses but as long as you have a reasonable expectation of meeting your guidance the fact that you don't certainly isn't illegal or cause for the SEC to investigate. 

Ponder this fact about Tesla and the SEC.   Since 2012, Tesla was the subject of 85 SEC investigations.   Over the same time period, GM was subject to twelve investigations and Ford had zero investigations.   With nary a slap on the wrist, Tesla and Musk have a bureaucratic patron providing protection.   Sometime ask the general counsel for a publicly traded company about disclosure requirements.

THE ELON MUSK MOONSHOT APPROACH – MISSED DEADLINES ARE A GOOD THING

Tesla skeptics never tire of pointing out the company’s history of missing target dates for vehicle deliveries and other milestones. They do have a point. The most egregious example is of course Model X, which Tesla began delivering many months after the originally announced date. The latest offender is Model 3 – the company did technically deliver it on time, but so far production numbers are running far short of predictions, and buyers who signed up for the promised $35,000 EV are likely to be waiting until well into 2018. The development of Autopilot 2 also seems to be behind schedule – it looks like the promised driverless run from New York to LA will be pushed into next year.

However, the naysayers are dead wrong when they say Elon Musk hasn’t fulfilled his promises. Except for a few things, most of which nobody really wanted (battery swapping, a rollercoaster to get around the Tesla campus). He promised a compelling electric sedan, an SUV with towing capability and eye-catching Falcon Wing doors, a reusable rocket that can land on a barge at sea (!), and other achievements straight out of the science fiction books, and all of these are now a reality. Nevada Gigafactory? Open and producing batteries. Solar roof tiles? Rolling off the line in Buffalo. World’s largest battery array? Check (and this one was on time).

Considering Tesla’s stock market performance and the company’s legions of adoring fans, it’s clear that most people value accomplishment over punctuality. As Trent Eady, writing on Seeking Alpha, put it, “If Musk promises you the moon in six months and delivers it in three years, keep things in perspective: you’ve got the moon.”

What if Musk and company’s habit of missing self-announced deadlines is not a bug but a feature? Tesla Motors Club member Patrick C argues in a recent blog post that the “dream big and deliver late” strategy is actually the key to Tesla’s (and SpaceX’s) success.

Those of us who’ve been watching this show for a while have learned not to trust Musk’s predicted timelines. So why do his words still carry so much weight? Because we believe in what he’s doing, and we can see how hard he personally is working towards these goals, moving his “desk” to wherever the latest bottleneck is, and camping on the roof of the Gigafactory. “If Musk [were] viewed as just a wild dreamer, he would not have the following that he does,” writes Patrick C. “Musk is trying to do something that is important, something that’s never been done before, and that many people would like to see succeed. When this is the case, many are likely to give you some slack on the schedule, as long as you are working hard and showing progress.”

The most consistent carping about missed timelines comes from stock market analysts because they focus on meeting quarterly forecasts. This obsession with short-term results is a major failing of today’s corporate world – as Patrick points out, it leads executives to think small, concentrating on things that can be done in three months. But Musk does not think small. He thinks in terms of “moonshots,” or “big hairy audacious goals,” which aren’t guaranteed to succeed, and can’t be done on a firm quarterly schedule. “To accomplish something of magnitude, you have to be willing to fail and you have to be willing to disappoint the Street,” says Patrick.

But if Musk and those around him know all this, why make over-optimistic predictions? Why not just say, “Here’s what we mean to accomplish, and it’ll be done when it’s done?”

Popular economist Danny Kahneman offered an answer in a recent episode of Freakonomics Radio: “If you realistically present to people what can be achieved to solve a problem, they will find that uninteresting. You have to overpromise in order to get anything done. When you look at big successes, the people that carried out those big successes were unrealistically optimistic. This may be necessary to get the initial resources and it may be necessary to get the enthusiasm that is needed to achieve anything at all because there is so much inertia that realistic promises are at a major disadvantage.”

Another pertinent quote comes from Mikhail Bakunin: “By striving to do the impossible, man has always achieved what is possible.”

As Patrick puts it, “If you want to move people off the status quo, you have to present them with something exciting. A promise of something 10 years from now will be discounted to the point of insignificance and ignored by most.”

A case in point: the timid promises made by major automakers, who announce plans to launch new lines of electric vehicles by 2025, or by politicians, who pledge to reduce greenhouse gas emissions by such-and-such an amount by 2050. These goals may be better than nothing, but they don’t excite anybody because we all know that the people who set them will be on the golf course (or maybe we’ll all be underwater) by the time set for their completion.

In contrast, when Musk makes a promise, we know he stands behind it. The timeline may be shaky, but the goal is never in doubt. And the goals are important ones, innovations that can improve all of our lives and lead to a more sustainable society. In a world where politicians constantly harp on things we can’t afford, and problems that we can’t hope to solve, while the corporate world focuses on trivia like how to design a better razor or a quicker way to share videos of our cats, Musk is one of very few leaders who inspire people with a hopeful vision of the future. Humans can still accomplish great things, but only if we’re patient, and are willing to accept some failures and missed deadlines along the way.

Source:  https://insideevs.com/tesla-moonshot-concept-musk-delivers-late/

Tesla operate pretty much like a Silicone Valley startup, deadlines means nothing as long as the venture capitalists keep pumping money into them, and as long as the leader can promise the moon with the one with money.

But in the 'real world' where one has to be an adult and be responsible, especially with the market valuation the public has put into Tesla, that juvenile approach cannot work forever, eventually someone will lose patience. 

For those old enough, Daikatana the game is a very close analogy.