Rodrigo Orihuela brings some much welcome good news from Spain: Spain’s securities regulator banned short selling for a month in an attempt to shield local stocks from the volatility caused by the coronavirus outbreak. Bloomberg Makes sense that they don’t want opportunists trying to make money off this emergency. When that happens, you have people […]
UPDATE: NHTSA has concluded their investigation and determined that the short seller’s motor vehicle defect petition had no merit. When news broke three days ago that NHTSA was investigating a motor vehicle defect petition submitted against Tesla for “sudden unintended acceleration”, I knew immediately that it was a frivolous complaint submitted by Tesla short-sellers. The […]
Autoline is out with a new episode that’s all about the tooling cost on the Cybertruck. Check it out if you haven’t yet:
As the fear, uncertainty and doubt arrising from a massive social media disinformation campaignagn aginast Tesla hit fever pitch last year, Morgan Stanley analyst Adam Jonas started to get worried. He definitely didn’t want to look like an idiot and set an unrealistic price target for Tesla… so he had a bright idea. In May […]
Devoted Whole Mars readers may remember our story from just last week revealing that noted Tesla short-seller Mark Spiegel had covered half of his Tesla short position. After devastating losses in December, Mark reduced his Tesla short from 20% to 10% of his portfolio. We received many comments from readers who were scratching their heads […]
Many people who lack imagination say that Tesla doesn’t have enough sensors on their vehicles to achieve completely driverless operation in a future software update. A team of engineers at Intel owned Mobileye, however, have just demonstrated an autonomous ride with even fewer sensors than you’ll find on a Tesla. In the video linked below, […]
The Trefis Team at Forbes has a great piece on Tesla’s fast-growing leasing business: While the higher mix of leases is impacting Tesla’s Revenue Growth, it is accretive to the company’s Gross Margins. Below, we take a look at how Tesla’s Leasing business is faring and how it impacts the company’s financials. Forbes Oh, I’ve […]
Amir Efrati at The Information has a beautiful new feature for us. Here’s the hook: Uber CEO Khosrowshahi faces a reckoning. Despite cost-cutting, Uber’s losses are far higher than projected and it is losing ground in each of its key businesses. Investors and employees question whether he is up to the job of turning Uber […]
Mark Spiegel’s firm, Staph Infection Capital, has released their Q4 2019 update letter. It looks like things aren’t going so hot: For December 2019 the fund was down 11.4% net of all fees and expenses. By way of comparison, the S&P 500 was up 3.0% while the Russell 2000 was up 2.9%. For all of […]
Less than a year after breaking ground at Gigafactory Shanghai, Tesla today delivered the first vehicles produced at their new Chinese factory. Bloomberg commemorated the occasion with a story mocking Tesla’s achievement: Tesla Inc. is about to find out whether the second time is the charm for Elon Musk making bold predictions about how many cars […]
