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  1. #1071
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    CNBC late Friday reportwd"California DMV accuses Tesla of deceptive practices in marketing Autopilot and Full Self-Driving options".

    If anyone is interested this looks fairly serious. Go to the CNBC article or a general search.

  2. #1072
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    https://www.latimes.com/business/sto...ertising-tesla

    Here’s a link for folk. Quite interesting.

  3. #1073
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    It was filed on the 28th July.

    Here's a possible theory. Looks to me some must have got wind of it, shorted aggressively, then leaked to the media after market close. It basically hit all media an hour after close through to around 4 hours after close. There are no earlier media reports. I am surprised TESLA didn't disclose this yesterday, wonder what the disclosure rules are over there. I would have thought this could be viewed as material. IMO this will out pressure on the price.

  4. #1074
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    There is also at least one director selling to pay for tax and options. Larry Ellison is no longer a director and has made massive capital gains on his Tesla holdings.

  5. #1075
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    Quote Originally Posted by RTM View Post
    https://www.latimes.com/business/sto...ertising-tesla

    Here’s a link for folk. Quite interesting.
    In 2020 the German media was also full of such stories. Long story short ... again citing that the statement at the bottom of the website that the driver must actively monitor the car and that autonomous operation is not possible.According to TeslaMag sources, Tesla won the case and can continue to advertise its system as Autopilot

  6. #1076
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    The Senate has just passed a bill that in theory will allow some Tesla purchasers to get a $7500 credit from next year. It will also stop the subsidy that many purchasers of Tesla's competitors currently get. In reality, the bill is written in such a way that plug in hybrids will get a subsidy that several times the cost of battery plus motor, but full BEVs will seldom qualify. Tesla has multiple input sources and battery technologies, so I'm sure that they will find a way to ensure that some Tesla purchases qualify.

  7. #1077
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    This is interesting, German BEV car sales for July. Tesla Y sold 1,035 units, about 3% of 28,815 BEV sales(12th position). Model 3 not in the top 20 ie not over 500 units for the month. Significant new models appearing on the sales list. VW took 3 of the top five spots, with total sales of 4,280. Hyundai, BMW, Audi, Opel(GM-based platform), FIAT and Dacia(Renault-based platform) the other Top 10 place getters.

    This is my thesis playing out. The number of new models launched this year will impact Tesla's look forward "projections". Its price points are really placing it in the top quartile of offerings which amounts to a global market of 17 million cars. Sure new models will come(at some point but Tesla said at the full year result they were not working on a car design for the lower end market).

    It makes the "20 million cars by 2030" wizard-like in creditability.

    The only card that Musk is playing is the 45% representation of retail investors on the shareholder list which is way higher than normal lists. I predict he will keep playing to that base because it doesn't have the investment knowledge to make a grounded decisions IMO. At some stage that won't be enough to support the share price.
    Last edited by Dassets; Yesterday at 08:12 PM.

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