1st: I’m not sure why this is a surprise. I know Ford employees have gone on GM and Toyota tours, too.

And the idea that they found areas they thought they could do better? Again, completely unsurprising. I’d be stunned if trained engineers couldn’t walk into any plant from any manufacturer and easily find similar…

What makes you think he does?

I have no proof he doesn’t, but he’s provided no proof he does, which is highly irregular for any such proposal. 

No one expects all the details to be worked out.

But he said he had the funding lined up, so that HAS to be worked out or he’s guilty of fraud.

FWIW, two days is an eternity when profits on the market are often determined by milliseconds.

You could announce you’re thinking about going private without having financing lined up. That’s ok.

You CAN’T announce you’re thinking about going private and that you have financing lined up at a price without evidence to support that statement.

That’s why Tesla needs to provide evidence - and why companies normally…

2nd:

Shorting isn’t necessarily betting the company will fail.  It’s simply betting that the company is overvalued and the stock should drop in price.

Wow, did you miss the point.  It isn’t that he announced this via twitter....  it’s that if he says this and doesn’t have the proof to back up his claims of financing being arranged, he’s manipulating the stock price.  That’s what’s already illegal.

If it weren’t for RockAuto, buying a filter and oil for my Fusion in town would cost me about $10 more than it costs to have the dealer change the oil for me.  Thanks to Rock Auto, its about equal in cost.  No savings at all, except in time.

Ugh.

And I thought changing the oil on my ‘06 fusion was a pain in the ass.

It generally is illegal already. Just not prosecuted.

But as I pointed out, if they hit the gross margins they claim they can reach on the model 3, they are still horribly unprofitable.

High gross margins are nice, but if your operating expenses drive your net margins as negative as they are at Tesla, gross margins are still largely meaningless. 

Net loss attributable to common stockholders:

2017Q2: $336.397 million
2018Q1: $709.551 million
2018Q2: $717.539 million

Whether measured against first quarter or the year prior, losses widened. I was comparing to 1Q2018.

Also, Capex doesn’t hit profits the quarter it is spent. It’s written off over many years.  It does…

It’s hard to see why Wall Street is reacting so positively to this report.

Their losses widened slightly, and cash burn was still horrific.

They’ve been promising profitability in Q3, but that is very difficult to see happening. If you see the Q1-Q2 growth in revenues as all from the Model 3, and assume a similar growth…

I’ve never been in an accident and I’ve never caused one.  Your statements simply show that you have a reckless streak and are arrogant about it.

When you cut off a person trying to weave your way through traffic, causing them to slam on their brakes and get rear ended. It’s as simple as that. Or causing them to take evasive action to keep you from broadsiding them.

I don’t believe you drive safely at all based on your comments...

You only get to that cost gap by comparing a large CUV to a compact or subcompact car, though.  And even then you’re needing gas prices well north of $4 per gallon, closer to $6.

Not at all - because your lawyer would know he was going to be paid by the union and would take the case without you paying upfront.

What you’re missing there is that 10 years ago, people were dumping SUVs that got 14 mpg to get cars that got 30 mpg. Now you have people buying CUVs that get 28 mpg and they’re going to dump them for cars that get 33 mpg?

Back in 2008, that switch could mean $2000 in fuel savings in a year. Today that switch means…

Good point.

Interestingly, I’ve had coworkers make the same argument against the city installing more roundabouts near my office.  They hear accidents and injuries are down and want to compare.  The stupidity in that particular case, though, is that the city is showing accidents in intersections they’ve changed over…

They tried them near my office.

They were horribly inaccurate. Unless you believe that they actually clocked a bicyclist doing 76 mph in a 20 mph zone. That’s right - a bicyclist. Guy should be in the Olympics.

The biggest problem with their inaccuracies, though, were that if you felt they were wrong, you had to pay the…