"Really exciting @TeslaMotors announcement coming on Thursday. Am going to put my money where my mouth is in v major way."
What do you think about this?
Does he wants to increase his position in Tesla and invest more own money?
So what we need to come up with is a list of boasts, ideas, or concepts he has talked about that would involve him or company investing money.
The one thing in the back of my mind has been battery costs. I recall he talked about the raw material costs, as if he wanted to get closer to those for actual battery costs. So perhaps some purchase of a company in the raw material pipeline?
I recall this kind of thing before, it ended up being a well watched non event...
Nope, he's going to announce the best sun visors in the world that he's been promising. They will come with money stuffed inside.
Or else maybe he's just going to eat money.
He's probably just going to make a bet. "Tesla will deliver 20,000 cars in 2013, or I'll give Coda a million dollars."
Or something to that effect. :)
I'm guessing the announcement is related to the continuing supercharger rollout. Any bets?
Embedded in Musk’s tweet was, “…am going to put my money where my mouth is…” This seems to imply a personal investment. Thursday is an interesting choice, especially if the announcement is to be made after the market close. A three-day weekend follows, which would give investors extra time to digest the news.
I've been hoping Musk would finally put his money where his mouth is. He's never done that before.
As I mentioned elsewhere, he's speculated in the past about putting SpaceX and Tesla under one holding co. Since SpaceX constitutes most of Musk's money ...
Maybe he's planning to buy land to put superchargers on :P
What came to my mind when I read it is that Tesla will announce a new model... it's been a little over a year since the model X was announced and they want to introduce one model a year, I think I read somewhere. Other than that I don't have a clue.
Likely sales numbers, positive cash flow, making margins, or good first quarter. Tesla's #1 focus right now is showing profitability to shareholders.
I've seen some speculation toward another round of fundraising where he invests a good portion of his own money and Tesla uses the new funds to free themselves from the DOE loan.
This calls for a "Call Spread"! :D
I wonder if it could be connected to this, thus far unsubstantiated rumour, that Google are currently prepping a Tesla vehicle with their self-driving car technology?:
Given that the self-driving car is going to transform society when it is certified safe to drive unmanned, then any announcement along these lines will be big news indeed.
How about Gen III bluestar ahead of schedule? BMW i3 is coming, Tesla need to be hurry.
Your all wrong, Elon is going to announce that he's personally financing sun tanning beds at all supercharger stations, powered by Solar City solar panels. Now you can get a year round tan while you charge your MS, even in wintery states.
Why buy a P85 to let the car drive itself ….. R U K M ?????
What's certain is that Elon is holding a lot of us captive, at least part of our minds. New form of marketing, perhaps? Seems to me only something that is design or technology related is worthy of a heads up announcement, not something financial in nature. Autopilot doesn't sound very exciting, actually, and will have almost no demand until you can raise a generation of spoiled non-drivers who never learned to drive because they didn't have to. Too risky for nothing in the meantime.
So I like all the excitement and anticipation, but he should be careful not to sound like old auto manufacturers who promised great technology always about 10 years down the road, just to keep us pacified, patient, and buying. Details about the hyperloop is the other big news event we are waiting for, but I understand Elon is a busy man... which is why he should just clone himself already. Biology might be a fruitful venture for him to participate him, so maybe the big news is that Tesla will clone Elon in order to have a ready supply of Elons to take care of everything he wants to, forever.
> ...maybe the big news is that Tesla will clone Elon...
There ya go! That would also explain the "putting my money where my mouth is". Cloning is not cheap and would indeed directly result in another mouth - hence he put his money where his (new) mouth is...
But the clone would take decades to educate and train.
I am so impressed with Tesla's accomplishments. This car is still in it's infancy I remember the very first Tesla prototype, some made fun of it like it was a novelty but not practical. Now they are practical and will get even more practical as they develop. GO TESLA GO. I'm rooting for ya.
will tesla put there badge on the new mercedes b class electric with a 40 kwh tesla battery pack? will find out tue.
Did I miss a major announcement today? I haven't found any news related to Mr. Musk's tweet.
It was postponed until Tuesday...
To avoid end-of quarter distractions. Distracting who, I wonder? Investors, customers, staff, production plant?
Timing seems suspect. Boeing tests plane with new battery system redesigned in an extremely short period of time to meet FAA requirements. Flies it successfully on Monday March 25th in a 787.
From the Gaurdian: Robert Mann, founder of airline consultant RW Mann, said it was a positive step that Boeing was testing the 787 but added: "Until there is a conclusive root-cause analysis a lot of folk will be circumspect about the Dreamliner.
"At this point, it is not clear to anyone except Boeing exactly what they are testing. We don't know what the cause of the incidents were. I assume that they are testing the enclosure of the battery bit if it subsequently turns out that that was not where the issuer started, we haven't learnt anything."
And Taipei TImes: "Boeing declined to provide access to the plane or its facilities before or after the flight."
Also Monday around the time of a very hush hush successful flight: "Really exciting @TeslaMotors announcement coming on Thursday. Am going to put my money where my mouth is in v major way."
Also Monday, the National Tranportation Safety Board announced a two-day forum in Washington, D.C., on April 11-12, to examine the use of lithium ion batteries in transportation.
Or they're just all unrelated and my mind is pulling conclusions out of thin air like everyone else...
Or maybe it fits nicely together. Should be interesting either way. Elon was probably just doing some moonlighting as a technical support agent for Boeing's problems.
@angstrom01 - Good observation. That could well be as it would be backing up another of his boasts about when we was touting "we offered to help Boeing"... Would Tuesday get here already?
@Geek EV Oh...and there was this back in January:
Musk, who is also the CEO of space transport company SpaceX, told Reuters in an email late on Monday that SpaceX battery packs could be helpful for Boeing.
"We fly high capacity lithium ion battery packs in our rockets and spacecraft, which are subject to much higher loads than commercial aircraft and have to function all the way from sea level air pressure to vacuum. We have never had a fire in any production battery pack at either Tesla or SpaceX,"
I'm just glad I invested in September when they announced the SuperChargers. All the up and down speculation in the last month would be unsettling. Certainly hope it is for the shorts. Nothing like betting against a company about to supply energy storage for home, automotive, space and possibly commercial air...on the heals of a sharp upward production/sales curve toward a first profitable quarter announcement in a bull market hitting full stride. If I'm wrong, oh well. If I'm right, I'm thrilled I'm not on the wrong side of history.
Elon has quietly made reference to being on the edge of a "breakthrough in capacitance" during several interviews. Throw that into the speculative hat too.
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