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You have to love this wacky world...(TSLA)

HoustonHusky
HoustonHusky Member Posts: 6,000
edited May 2022 in Tug Tavern
TSLA up 5% yesterday and another 1% premarket as they announce a recall on 134,951 cars (they have made, what, 500k total cars ever).

https://www.zerohedge.com/markets/tesla-officially-recalls-134951-model-s-and-model-x-vehicles

Of course Musk says he's off Twitter for a while...there is probably value to TSLA in that...
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Comments

  • HoustonHusky
    HoustonHusky Member Posts: 6,000
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  • creepycoug
    creepycoug Member Posts: 24,066
    HoustonHusky said:

    Yet another example of @RaceBannon 's kooky detachment theory at play.

    Yes, @MikeSeaver , I'm shamelessly trolling for @RaceBannon 's attention.
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  • RoadTrip
    RoadTrip Member, Swaye's Wigwam Posts: 8,171 Founders Club
    YellowSnow said:

    I’m shocked that Tesla makes lemons. Positively shocked.

    I own a '16 Model S 90D and it's been amazing. I almost spent $3K to update the MCU v2 but I hear they dropped that to $1.5k which would give me a lot more capabilities. That said this  8 to 64GB embedded MultiMediaCard (eMMC) recall will fix any minor software issues which were presenting. I don't need the new MCU and love everything I have right now. The Plaid will kick almost anyrhing on the road and get 400-500 miles I believe. I think it will come in at about $150k though so I might hold off for 2-3 years and pick one up with less than 20k miles at a fraction of the new cost. I'm not a tree hugger but I used to drive a shit ton and I like to go fast. I have charged free for over 5 years which equates to about $40k in gas savings.
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  • Pitchfork51
    Pitchfork51 Member Posts: 27,662
    Tesla is cool so people buy it. Shocker
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  • FireCohen
    FireCohen Member Posts: 21,823
    People buy because they think that is the future
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  • HoustonHusky
    HoustonHusky Member Posts: 6,000
    RoadTrip said:

    YellowSnow said:

    I’m shocked that Tesla makes lemons. Positively shocked.

    I own a '16 Model S 90D and it's been amazing. I almost spent $3K to update the MCU v2 but I hear they dropped that to $1.5k which would give me a lot more capabilities. That said this  8 to 64GB embedded MultiMediaCard (eMMC) recall will fix any minor software issues which were presenting. I don't need the new MCU and love everything I have right now. The Plaid will kick almost anyrhing on the road and get 400-500 miles I believe. I think it will come in at about $150k though so I might hold off for 2-3 years and pick one up with less than 20k miles at a fraction of the new cost. I'm not a tree hugger but I used to drive a shit ton and I like to go fast. I have charged free for over 5 years which equates to about $40k in gas savings.
    Couple guys I work with have Tesla’s and they love them. I always thought their biggest mistake was trying to go after the Camry/cheap car market. Stick with high-end cars, charge a hefty premium, and you have a good business model with a luxury brand image. You won’t have a company worth $800 billion, but you will have a fundamentally sound business.

    Instead they are aiming for the Camry and in doing so have been undercutting their higher-end cars. Long-term think that is a huge mistake...as an example their sales have been getting hammered in Europe.

    But hasn’t hit their valuation yet so what do I know...
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