Member Info for Dogberry101

Does anyone know what we do with the tailings waste after we have taken the metal out?
It appears that the tailings we process have only a very small percentage of metal contained in them so we process the waste take the metal out and what do we do with the waste material? I appreciate that taking the metal out of the waste is a really good idea particularly the toxic heavy metals but the question still remains what do we do with the waste?

Wolfi
I do not think he was down playing on battery day far from it. I think he was sandbagging. Further I think the new batteries will be in full production using dedicated plant by the middle of 2021 either at Fremont but more likely at Giga Nevada (as well as at the pilot plant on Kato Road which will be producing at around 10 GW hours by the middle of next year). Then there will also be battery plants at the under construction factories in Austin and Berlin both of which should be producing at least to to some level in H2 next year.

Elon said in a leaked Memo to Tesla employees that the company was doing well and that to continue doing well everyone needed to continue working hard and seek ways to reduce costs a $5 reduction in costs would be a massive thing small reductions of 10 or 20 cents could have a huge effect on costs. Further he said that if the company did not continue reducing costs and improving margins investors might sell stock and this could crush the price.
So not all that controversial really.
Also bare in mind that Elons views on stock price seem to have had either no effect or a very short lived minor effect. Tesla stock price is not determined by Mr Musk that is Mr Markets job.

Where do you get the idea that VW build better cars?
Check out Sandy Munro on Youtube (The guys company has been tearing down everything from microwave ovens to top military aircraft and even satellites for over 30 years) he has torn apart Teslas in particular the model Y the Jaguar IPace, Nissan Leaf, Chevy Bolt etc. He was not impressed with fit and finish of the body of the model 3 panel gaps uneven things like that. Then he got to the suspension the electric motor the transmission and the BATTERY / BATTERY PACK and 'WAS BLOWN AWAY' He reckons Tesla is is between 3 and 10 years ahead of the competition and that was before the new 4680 battery. Incidentally the problems Tesla had with paint and bodywork Muro said were relatively easy to fix.
Head of VW Herbert Diess recently had a top level executive meeting to work out the way forward to catch up to Tesla (where Tesla is now) by 2024. Tesla is not standing still or sitting on their laurels they continue to improve and the China built Teslas are apparently better quality than the Californian ones and the Giga Factory Berlin will I am certain be better quality again from a combination of years of hard experience from Tesla German engineering expertise.

I can see a substantial premium to the current price, theoretically the Indexed Funds should not have started buying yet I do not believe that this is the case presumably they will be in the market with various strategies to get the shares they need on 21st December. I have seen well argued estimates that up to 38% of the float will be purchased by Index and Benchmark Funds. There are a lot of loyal Tesla fanboy PI's who consider themselves to be long term holders who will need a very substantial premium to consider selling.

JW
The short answer is yes but not any time soon, all the market sectors Tesla is in and disrupting are huge so the Tesla share currently is tiny which means the addressable market is absolutely enormous.

This may just turn out to be smoke and mirrors they have announced approximately 20 all Electric Vehicles and by 2025 they will have supposedly 2 million (in total) on the road. Thats not many of each model and if they are like the Hummer EV I think they may have difficulty shifting them due to high cost.
GM do not have a good record with electrification they killed off the EV1 they had engineers make an electric vehicle that could have been really good except the engineers could only use lead acid batteries when much better nickel metal hydride batteries were available. Then they built the Chevy Bolt which has sold quite well around 300,000 I believe unfortunately the car cost allegedly 9000 dollars more than GM sold them for and the batteries motor power train software etc were all from LG Chem.
By comparison Tesla will if all goes to plan be building in excess of 2 million vehicles a year by 2025 (IMO that is a conservative number a bit of Musk sandbagging) all with a high profit margin all at a lower cost than any competitor possibly with the exception of some Chinese brands and these vehicles will not have Teslas allure, range, power or software.

Hi SmallT
On fundamentals you would have to be a few sandwiches short of a picnic to buy Tesla. The PI buyers come in a variety of types from ardent environmentalists to Tesla fan boys the one thing most have is a deep love of Tesla and Elon Musk. I suppose that there is a price that the above will sell their shares I suspect it will be a lot higher than it is now.
If you want to know all about Tesla select a few beverages of your choice and check out Youtube give yourself plenty of time there is a lot to see you could start with Tesla Daily and then go on to Hyperchange, Two Bit DaVinci, TMIO, Best in Tesla, Now you Know etc. etc.
Essentially what they/ and me are buying is a software company that makes sexy fast electric cars that will sooner of later (my guess sooner) be capable of autonymous driving.
They also make really cheap Solar Panels together with battery packs for home business and a grid scale use.
It is very important that you investigate Tesla vehicle margins currently well over 20% which is absolutely amazing in the auto industry especially as other (non Chinese) manufacturers are making and selling EVs at a loss (compliance cars) the Chevy Bolt for instance widely believed GM losing 9000 dollars per vehicle.
Tesla is also just about the only EV manufacturer with a clear well thought out plan (and careful long term planning starting years ago) to go from a small / tiny niche EV maker to a massive mass market auto manufacturer. Just about the only serious competition IMO is VW who are working very hard and will have electric vehicles on the road at scale by the end of next year.
Finally Mr Musk has stated on a number of occasions that the plan is for Tesla to grow 50% a year until at least 2030 and his track record in this regard has been pretty good so far; Assuming he does this by 2030 Tesla will be worth around 2 Trillion dollars. Just hope I live long enough to see it.

Hi Blackie
We all know that Graphene can do everything - BUT GET OUT OF THE LAB.
Making things and selling them is just what the company needs to do. It will help to provide confidence in the marketplace that this stuff works and can be used at scale.

You may be wondering what this means, how will it affect the shares.
https://www.youtube.com/watch?v=bENy1YyJol8
Surprisingly there are still some Tesla shares shorted I9 think they will need to close these positions PDQ.
S&P500 Tracker Funds will need to own 50+ billion dollars worth of Tesla shares which will in effect be tied up for ever. Then there are other benchmark funds some of which will also purchase shares. All this means a lot of shares will need to change hands and a lot of holders will be reluctant to sell so where will the price my guess up like that Falcon rocket.

Just had a look SP already up over 13% in out of hours trading

Well found Luke
Tesla up 13% already in out of hours trading

Carryon
It may be here
https://cleantechnica.com/2020/11/16/tesla-to-join-sp-500-on-december-21-2020-cleanenergywillwin/
Joining the S&P500 could be huge just depends how many tracker funds and the like have already stocked up.

Hydrogen fuel cells are interesting certainly and may be appropriate for some applications. However there are some big pitfalls.
1) where do we get the hydrogen from. By far the cheapest method is reforming natural gas unfortunately this produces a huge CO2 emissions so not a green alternative. Making it from water with electricity is highly inefficient and expensive (not so bad if using excess solar or wind power which would otherwise be wasted).
2) Fuel cells have been around for ages well over a 100 years if they were really that good why have they never taken off before.
3) Hydrogen is really difficult to store and move around which makes it expensive. probably why the hydrogen infrastructure has not been built out already.
4) Currently batteries are cheaper and more efficient (by a long way)
Have a look at real engineering https://www.youtube.com/watch?v=f7MzFfuNOtY

IMO there is something going on and again shareholders have not been told what; for sure some will know what is going on and is on the make.

A tough day today.
I found this on Youtube just to cheer everyone up.
https://www.youtube.com/watch?v=1Xwxe0wU4b8

Slipped in yesterday before the Q3 financials was the release of the Beta version of full self driving to limited numbers of subscribers. This seems to have got lost somehow, IMO this was probably one of the most important releases the company has made it means either that the full rewrite of the software is successful and autonomous driving is here and works OR that there is a lot more work to do on it. My money is on it working at least to level 4 +.

This Youtube episode puts the state of play into perspective you may find it entertaining and useful.
https://www.youtube.com/watch?v=eQwIiUPWASo

Nothing at all to do with that far more to do with base model Lucid Air due out, well the top one is starting limited production mid 2021 when the $69000 will appear is anyones guess (IMO if ever)

I ask again does it work in falling rain and snow. I ask because LIDAR didn't work in falling rain and snow which is a bit of a problem for use in antonymous vehicles in non desert areas.