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Tesla Isn’t a Stock, It’s Performance Art

7/26/2020

 
In the Short-Term, The Stock Market Behaves More Like the Art Market
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​Einstein’s theory of relativity was important in showing the harmony and predictability of objects in space. However, all that harmony and predictability in the macroscopic world breaks down when you start to observe the microscopic plane. Sub-atomic particles seem to live in a world of utter chaos bereft of any cohesive set of rules. How can total complete predictability exist in the same universe as complete and utter chaos? A question that has perplexed physicists until this day. 

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Breaking: Tesla Still Losing Over $100 Million Per Month

7/22/2020

 
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Tesla’s earnings release just came out and just as I expected, they still don’t know how to manufacture cars at a profit. Even I’m aghast at how bad their position is. I thought that they might have improved even a little bit by now. Their entire profit this quarter and last is entirely due to protective measures enacted by the federal government to help EV companies at the expense of other automakers. I suppose they’re working since without those cash payments, Tesla would be dead by now. 

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Tesla Stock: This Isn’t Going to End Well

7/13/2020

 
Owning Tesla Stock Is Like Owning “Negative Value”
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​Tesla fans are making the mistake of thinking that the stock price in some way is a sign that the company is finally turning the corner to becoming a sustainable entity. When in fact, nothing could be further from the truth. 

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Tesla Sued Again for Air Bag Malfunction

6/26/2020

 
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Bloomberg News is reporting that, yet again, Tesla is being sued for an air bag malfunction.  Reportedly, there are many lawsuits for this issue. And who knows how many times this has happened but the injured party didn’t sue? 

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Tesla Moves Fast, and Their Cars Break

5/28/2020

 
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​This is one reason why Tesla is on the road to nowhere. They still don’t know how to manufacture quality products. And all of their competition does. A lot of first time Tesla buyers who weren’t part of the fan group, bought a Tesla to see what all of the fuss was about. They won’t be back for another.

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Revisiting the Senior Accounting Turnover at Tesla

5/3/2020

 
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​One of the things that has always astounded me about Tesla is how quickly they’ve lost senior accounting personnel. But losing senior officers alone isn’t the interesting part. It’s the fact that this is happening in Accounting. But don’t take my word for it, go do your own research. You’ll see that they can’t keep CFO’s, Vice Presidents of Accounting/Auditing or Corporate Controllers.

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Tesla Losing Over $100 Million Per Month Making Cars

4/30/2020

 
The Welfare Queen
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​Tesla just reported a $16 million profit and the stock went down the next day. Why? Because the profit wasn’t real. Anyone who took a closer look quickly realized that Tesla still burns cash making cars. The itsy bitsy profit was due to $354 million in regulatory credits from the government. Tesla actually would have lost $338 million.

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Anatomy of a Tesla Fan Turned Critic

4/9/2020

 
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The TeslaQ Podcast just aired one of their best podcasts ever. It was a fascinating interview with chemical engineer and writer Matthew Klippenstein. So how does a liberal tree hugger who wrote for CleanTechnica decide that he can no longer support Tesla?

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Tesla’s Unprofitable Road

4/2/2020

 
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​Did you know that historically 50% of all new retail businesses go bankrupt within five years? Sinking all of your cash into inventory can be a tough job. And no, it’s not any easier for larger retailers than it is for smaller ones. In fact, in some ways, it’s actually a lot harder. 

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Apple’s Rumored CarKey Puts Tesla’s Primitive System to Shame

3/29/2020

 
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​I’m so excited about the rumored upcoming Apple CarKey system. Anything that cuts down on the clutter I have to carry in my pockets when I leave the house is a good thing. I really appreciate how Apple’s Wallet function made it possible to cut down on the number of credit cards I have to carry. And now they are rumored to be doing away with the key fob? Sign me up!

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