releasing the news during the day obviously put the noses of the big boys out of joint, who like to trade when the exchange is closed
Much easier for your friends to do some lucrative insider trading if you tweet during market hours
Surprised how wrong sided you are on this. You’re usually on the ball. All I wanted to do was short this B.S. artist on that tweet. Dow side was $4/50 to 420. Upside is $370 to 0.
He is an erratic con artist and his world is unravelling. Seeking pity in his little war stories of hard work. Brought it all on himself. He could have shut his mouth on Twitter and put his head down. Focussed on one company and getting it right. However, that would have removed the illusion of actually doing something.
Juggling knives with other people’s money.
It seems local subcontactors doing work on the Numi plant in Fremont have started getting Mechanics Liens for unpaid bills. Mentioned in WSJ article but more details here.
The really interesting bit are the liens. This guys work on site so know exactly what is going on and the fact they are taking out liens in county court, which is usually a last resort in these situations, means that the small guys who see the day to day reality in Fremont must expect Tesla to Chapter 11/7 before the usual way of dealing with these situations has run its course. Liens like this are almost always a sign that a company is on its last legs.
Dont like tesla
There’s always an alternative
Meet Russia’s answer to Tesla, the Kalashnikov CV-1
cnbc.com/2018/08/24/russias … -cv-1.html
Are wing mirrors optional extras??
Why would you want wing mirrors? It would destroy the vehicles elegant lines.
I love the fact that it’s a Kalashnikov. Something makes me think that this is a piss-take though.
On a more serious note - I think this guy is a better bet. He’s much closer to the Mclaren concept - build something stunning and franchise the technology. If he can stay the course he could blow the high end Teslas out the water and leave Elon to compete with Nissan and Toyota with his model 3.
irishtimes.com/business/inn … -1.3566827
Assuming Tesla survive, IMO most people would buy the new Roadster, the Supercharger network is a big advantage
Toyota don’t have any pure EVs yet
Mirrors, no you would use rear view cameras and dash screens.
It probably is (a piss take), but it is there to signify that others are interested in getting into the BEV game.
Anyway that thing looks as aerodynamic as a brick!
Elon Musk will no longer take Tesla private
(Note: BBC picked a very uncomplimentary photo there; making Mr. Musk look like some type of flip floppy whiner.)
No real surprise. SEC will be poking around for a long time I assume so it is not the end of it. Tesla appears to be maintaining 5,000 per week but they should clearly stay in the permium and luxury rather than mass market to survive.
Well given that this is a current story in locals press…
… not too surprised Musk is so desperate to distract attention.
I like the tweet from the San Jose Fire Dept saying that this is the second time a Tesla in autopilot mode has slammed into a fire truck in recent months. This latest case might have been a DUI but the accident happened late at night on a pretty dark part of 101 south of SJ, before you get near to Morgan Hill, and local fire trucks when stopped on freeways at night are lit up like the spaceship from Close Encounters of the Third Kind. Very bright strobe lights as well as the other flashing lights, beacons. You can see them from very far away. One mile plus on dark freeways. Plus there are always flares on the road in the lane affected. Cars running into fire trucks on freeways / expressways are usually very rare accidents but it seems Teslas in autopilot mode run into firetrucks with some regularity.
One other interesting observation is that I have yet to see a Model 3 in the wild. Lots of Tesla “Panameras” and a few SUV’s but not a single Model 3. They must all be in the field in Fremont. Undeliverable due to manufacturing defects. But there again not much of a market for a shoddily built $50k dollar Honda Civic, which sells for less than $25K.
Confirms my suspicion that general acceptance of autonomous driving is light years away. HTF do you run into a stationary target on 101 which – despite jmc’s opinion of my closeted existence – I am pretty familiar with though more so with Cupertino / Saratoga / Los Gatos, having done a ton of work for Apple in the former and had my own US HQ in the latter. If Tesla can’t handle the roads round there I won’t expect to see them on my local boreen anytime soon, if ever.
Just a small (minor) point of fact. Those places you mention are on 280, 85 and 17. 101 is the one a few miles to the north. On the Bay side until it loops around SJ and heads south. If you have driven 101 to the south of San Jose toward Gilroy and points south, like LA, the latest accident happened just as you leave the built up outskirts of SJ, south of the 85 interchange. It used to be two lanes for decades and they added a third lane about a decade ago. Due to the terrain even at night you would have to be asleep to not see a firetruck by the side of the freeway for at least a mile or more away. During the day it is even easier. When it was only two lanes lots of accidents on this stretch of 101 so it was not uncommon to come across an accident scene with firetrucks in attendance. Usually at night.
As for autonomous driving there are lots of cars from GM’s fiasco investment Cruise on the streets at the moment. Not doing too well. I saw one last week slam on the brakes on 16’th St between Mission and Valancia, coming to a complete halt in the middle of the street, because it could not deal with a MUNI bus lane straddling by the width of a tire because, well thats what buses have to do on those narrow downtown streets when delivery trucks are parked in front of businesses. Luckily there was nothing behind the Cruise car or else it would have been rear ended it stopped so suddenly. Human drivers on the other hand never seem to have the slightest problem dealing with this daily fact of life of driving in SF. Trolley buses will drift slightly into your lane on a regular basis as they negotiate their way around the city streets in the right hand lane. So you just move a little bit closer to the lane divider. A foot or so is usually enough room for the bus driver. Although sometimes you have to fall back to give them more room. You learn to watch about half a block ahead for likely problems.
Try programming that driving behavior into any kind of coherent rule set. Not going to happen.
How did you like Los Gatos? It and Los Altos are the only two places in the South Bay I ever considered moving to. Los Gatos is the nicer of the two. There is fuck all in Saratoga and even less in Cupertino. But the old main street areas of both Sunnyvale and Mountain View are actually quiet nice. Palo Alto on the other hand is the smuggest most insufferable place in the universe.
Spend much time “Over the Hill” in Santa Cruz? Has had its ups and downs over the decades but still a very nice little town. If you like to drive I suggest trying the “From the Summit to the Flats - without touching the brake pedal” challenge on 17. You must do the speed limit, which is mostly 50, and drive purely with the gas pedal. Was able to do it only once in all the times I drove 17. In very light traffic. Its very difficult to do given all the hairpins and grade curves on 17.
Again, thats something an autonomous car could never do.
I have a new model Nissan Leaf - I don’t use their version of autopilot but the car does have radar / emergency braking switched on which is designed to avoid imminent collisions. At this stage, I’m considering switching it off as 2 - 3 times a week the car slams on the brakes when it really doesn’t need to.
Seriously what is he smoking? Why pick this target? Just because the guy said a massive rigid metal tube couldnt fit around underwater turns that divers had to remove their air tanks and contort their bodies to get around?