Post: #51

Can Donald Trump stop that EV credit, or does it require approval of the congress?

(11-02-2017 05:39 PM)speculator Wrote:  (...)
Trump's new tax bill will take away the $7.5k electric vehicle credit virtually putting the last nail in Tesla's coffin. This company is done and be careful with your investments in its stocks.

Post: #52

(11-03-2017 12:03 PM)Selembao Wrote:  Can Donald Trump stop that EV credit, or does it require approval of the congress?

(11-02-2017 05:39 PM)speculator Wrote:  (...)
Trump's new tax bill will take away the $7.5k electric vehicle credit virtually putting the last nail in Tesla's coffin. This company is done and be careful with your investments in its stocks.

The President submits a budget. Congress approves it. The President doesn't have line item veto power, so he has to approve the budget or reject it in entirety. Congress could put the tax credit back in.

Post: #53

(11-03-2017 12:39 PM)Hell_Is_Like_Newark Wrote:  

(11-03-2017 12:03 PM)Selembao Wrote:  Can Donald Trump stop that EV credit, or does it require approval of the congress?

(11-02-2017 05:39 PM)speculator Wrote:  (...)
Trump's new tax bill will take away the $7.5k electric vehicle credit virtually putting the last nail in Tesla's coffin. This company is done and be careful with your investments in its stocks.

The President submits a budget. Congress approves it. The President doesn't have line item veto power, so he has to approve the budget or reject it in entirety. Congress could put the tax credit back in.

Which they very likely will. California recently announced that they will be selling only Electric cars after 2040:

http://www.dailywire.com/news/21701/cali...-paul-bois

The Netherlands and other Eurocuck countries have also decided on those measures. It is all Agenda 21. Cars are to be made extremely expensive. As soon as they have eliminated combustion vehicles, then you will see energy prices spike up so far, that you won't afford to drive more than 30 miles anyway. The goal is to have only the rich and the government have cars - just as during the lovely communist times, but even more restrictive.

Tesla will likely be bailed out by the globalists. Musk has so far managed to make his billions mostly by milking the fake global warming bonanza, so this won't stop.

Post: #54

I took the time to read Tesla's 3rd quarter 2017 financial report.
Here is the link: http://files.shareholder.com/downloads/A...017-3Q.pdf

If you want to read the report, start at page 6. Pages 1-5 contain Musk's window dressing.

Selected figures:
Interest expenses up 143% Jan-Sep 17 in comparison to Jan-Sep 16
Net loss 17% of total revenue (Jan-Sep 17; 3rd quarter even worse)
Free cash flow -38% of total revenue (Jan-Sep 17)
Equity only 22% of total capital employed (as of September 30, 2017)

Those figures are a blood bath, even more disastrous than Ned's testosterone levels.

When this bubble bursts, no investor should complain he didn't know how bad the situation was.

As for me, I'll buy more put options on TSLA.

Post: #55

(11-12-2017 09:31 PM)Selembao Wrote:  When this bubble bursts, no investor should complain he didn't know how bad the situation was.

As for me, I'll buy more put options on TSLA.

Sadly many sheep are being led to the slaughterhouse by various outlets including CNBC. Institutions have been distributing to retail over the last year. This company is a massive train wreck for so many different reasons you could spend an entire day going through it. I have targeted this company as well.

I have wondered if a sudden collapse of Tesla could be what ultimately puts the top in the market since it will force institutions to actually consider valuations and the risk they are taking once again.

Post: #56

(11-03-2017 04:28 PM)Zelcorpion Wrote:  

(11-03-2017 12:39 PM)Hell_Is_Like_Newark Wrote:  

(11-03-2017 12:03 PM)Selembao Wrote:  Can Donald Trump stop that EV credit, or does it require approval of the congress?

(11-02-2017 05:39 PM)speculator Wrote:  (...)
Trump's new tax bill will take away the $7.5k electric vehicle credit virtually putting the last nail in Tesla's coffin. This company is done and be careful with your investments in its stocks.

The President submits a budget. Congress approves it. The President doesn't have line item veto power, so he has to approve the budget or reject it in entirety. Congress could put the tax credit back in.

Which they very likely will. California recently announced that they will be selling only Electric cars after 2040:

http://www.dailywire.com/news/21701/cali...-paul-bois

The Netherlands and other Eurocuck countries have also decided on those measures. It is all Agenda 21. Cars are to be made extremely expensive. As soon as they have eliminated combustion vehicles, then you will see energy prices spike up so far, that you won't afford to drive more than 30 miles anyway. The goal is to have only the rich and the government have cars - just as during the lovely communist times, but even more restrictive.

Tesla will likely be bailed out by the globalists. Musk has so far managed to make his billions mostly by milking the fake global warming bonanza, so this won't stop.

He won't get bailed out. That company has no IP. No other companies build cars in California for a reason - its not economical. Someone might buy the name/brand in bankruptcy and run it as their niche luxury electric line of cars.

The irony is electric cars actually produce more CO2 than they save.

http://www.zerohedge.com/news/2017-08-18...-they-save

http://www.scmp.com/news/hong-kong/healt...-polluting

Post: #57

(11-13-2017 01:23 AM)Razor Beast Wrote:  No other companies build cars in California for a reason - its not economical.

To make matters worse, Tesla doesn't operate somewhere in the backwaters, but in the Silicon Valley.
It does not make sense.

Post: #58

Bump since I didn't know where else to post this. Anyone familiar with the shale industry knows what the general outlook is? Massive bankruptcies following the next recession and perhaps a renewed interest in alternative energies and electric vehicles? To all the skeptics, Tesla continues to expand and their sedans are more popular than ever, even though the tax incentives are fading away.

From zerohedge

Quote:To Wall Street, the shale industry has lost a lot of its allure. A decade’s worth of promises have failed to materialize, and Big Finance is cutting some of its ties with smaller shale drillers who have not delivered.

The Wall Street Journal reports that the shale industry only saw $22 billion in new bond and equity deals, down by more than half from 2016 levels, which was a much worse time for the market.

The steep decline in new debt and equity issuance is a sign that major investors are no longer rushing to finance unprofitable shale drilling. It’s worth noting that this is a new development. For years Wall Street financed unprofitable drilling, holding out on the promise that rapid production growth would eventually pay off.

Shale wells suffer from precipitous decline rates, with as much as three quarters of a well’s total lifetime production coming out in the first year or two. After an initial burst of output, shale wells enter a steep decline.

Of course, this has been known since the beginning and Wall Street has long been fully aware. But major investors hoped that shale companies would scale up, achieve efficiencies and lower breakeven prices to the point that they could turn a profit.

However, that has not been the case. While there are some drillers that are profitable, taken as a whole the industry has been cash flow negative essentially since its beginning in the mid-2000s. For instance, the IEA estimates that the shale industry posted cumulative negative free cash flow of over $200 billion between 2010 and 2014.
...
Taking a step back, explosive shale growth was only possible because in the context of the post-2008 financial crisis and the response by the Federal Reserve to drop interest rates close to zero, something Bethany McLean argues in her book, “Saudi America.” Cheap money financed the debt-fueled shale revolution.