[allendale]

Sorry but would not believe anything coming from Musk.

[Eddie01]

Tesla shares pop the most in 6 years after earnings show it’s building cash, boosting margins.

...and burning people alive.

http://www.freerepublic.com/focus/f-news/3788804/posts

[Moonman62]

A little more than 52 minutes into the earnings call, Elon Musk was discussing Model S and X sales and added this bit of information:

“I forgot to mention, we’re also expecting there’s going to be an over-the-air improvement that will improve the power of the Model S, X, and 3. That’s, by the way, coming in a few weeks. Should be in the order of 5% power improvement due to improved firmware. Drew, do you want to say anything on that?”

Drew Baglino, the Chief Technology Officer (CTO), replies:

“Yeah, we just continue to learn how to optimize the motor control in our products. And yeah, so 5% improvement for all Model 3 customers and 3% for S and X.”

So, bonus, we should be expecting in a few weeks a small speed boost for all of the Tesla cars. But then we had the following fun dialogue between Musk and Baglino:

Musk: Yeah, and there’s also the single-pedal driving that will improve the range as well.

Baglino: Very excited about that. It’s an improvement in comfort and feel.

Musk: Yeah, it’s easier to drive. And it improves the range.

Baglino: Yes. And faster Supercharging.

Elon: Faster Supercharging, yeah.

Baglino: For Standard Range and Standard Range Plus customers, which is a big deal.

https://cleantechnica.com/2019/10/24/major-tesla-updates-coming-more-power-single-pedal-driving-faster-supercharging/

[kaktuskid]

Mebbe he can stop his cars from turning into portable crematoriums when getting into minor accidents

[blueunicorn6]

I really like tortilla chips and Tesla.

[Gay State Conservative]

With at least several major car makers introducing better electric cars...at lower prices...there's no way that Tesla's gonna be around for long.

[Zhang Fei]

Tesla just did a $2.35b stock and bond sale in May 2019.

https://www.latimes.com/business/la-fi-tesla-raises-cash-20190503-story.html

You’d hope the company still has some loose change from that round of fund-raising.

[RetiredTexasVet]

Have you ever heard of “cooking the books”? Wouldn’t believe anything from Musk.

[SunkenCiv]

Nice quarterly, big pop. It started in premarket, gave up some ground in the morning. We’ll see what happens Friday!

[Truthoverpower]

Screw Tesla and their stupid cars

[ClarityGuy]

When did “pop” start to mean “do well”?