Silver as an investment

Category Archives: Hatchbacks

Tesla’s Having The Worst Day Ever As GOP Tax Plan Calls For Axing Electric Car Credit

Tesla may be officially having the worst day ever.  One day after announcing its worst quarter in history, in which it burned a record $1.4 billion in cash (which is about $15.5 million every single day, btw)… …a couple of GOP Representatives had to come along and propose a tax bill that would eliminate a […]

Visualizing The Massive Impact Of EVs On Commodities

What would happen if you flipped a switch, and suddenly every new car that came off assembly lines was electric? It’s obviously a thought experiment, since right now EVs have close to just 1% market share worldwide. We’re still years away from EVs even hitting double-digit demand on a global basis, and the entire supply […]

Tesla Ignores Q2 Record Cash Burn And Slashes Its Model X And Model S Prices

So what do you do when you’ve just burned through a record $1.2 billion of cash in one quarter, expect to burn an additional $2 billion in capex in the second half of the year and haven’t a prayer of generating positive earnings at any point in the near future?  Well, you slash your product […]

Tesla Burns A Record $13 Million Per Day In Q2… And It’s About To Get Worse

One month after Tesla stock tumbled when the electric car maker announced that it had missed Wall Street estimates for the second quarter, delivering only 22,000 vehicles instead of the 22,912 expected, moments ago Tesla reported adjusted, non-GAAP Q2 earnings which beat expectations, with an adjusted loss of $1.33, better than the -$1.88 expected, which […]

Hecho En Mexico: 2017 Auto Production In Mexico Surges Despite Trump Attacks

Earlier this year, before then President-elect Trump even moved into the White House, he picked several very public fights with auto manufacturers over their increasing reliance on Mexico for incremental production volumes.  In a January 3rd tweet, the President-elect said “General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free […]

Tesla Registrations Plunge 24% In California, Its Largest Market

After a week full of abysmal news for Tesla, which some have said is rapidly becoming the new Uber on the bad-to-worse news front, the weekend couldn’t come fast enough for Elon Musk who by now is begging for the simple company of “a little red wine, vintage record and some Ambien.” A little red […]

Tesla Price Target Cut To $180 At Goldman; Warns Of “Demand Plateau” For Model S/X

First came the insult. In the pre-holiday confusion, Elon Musk reported that Tesla had missed consensus estimates for Model S/X deliveries in Q2, when the electric car company sold just 22,000 vehicles, below the 22,912 expected, and just barely above the bottom end of its own range. As he always does, Musk blamed the disappointing […]

Tesla Furious After AAA Hits Carmaker With Higher Premiums Due To “Abnormally High Claims”

AAA is raising premiums on Tesla vehicles by 30% after data showed that owners of Model S and Model X cars filed claims at abnormally high rates, and that those claims cost more compared with other cars in the same class, Automotive News reported. Tesla, of course, is disputing the insurer's analysis. "This analysis is […]

How Volkswagen Quietly Stashed Half A Million Rigged Cars Around The Country

Volkswagen bought back hundreds of thousands of emissions-cheating cars. We just discovered what it has done with them all…   As Bloomberg reports, the German automaker agreed last year to buy back about 500,000 diesels that it rigged to pass U.S. emissions tests if it can't figure out a way to fix them. Except for […]

Tesla Shares Hit Record High

In addition to Amazon hitting its now daily all time high, today the tech online retail that recently made Jeff Bezos that second richest man in the world was joined by Tesla, whose shares just hit a new all time high above $292, surging over 5% on the day, following Sunday’s report that first-quarter vehicle […]