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seldon999

37 karma · joined July 23, 2018

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seldon999··on Tesla, software and disruption
Do you know how to read a financial statement? They have 26% gross margins on the Model S. Model 3 just turned gross margin positive in Q2. Your response is boring and boneheaded. Next.
seldon999··on Musk mulls taking Tesla private, Saudi sovereign fund builds $2B stake
Thank you for posting facts and sources. Refreshing.
seldon999··on Facebook Lenses
Trading at 24x GAAP '19 EPS. A modest premium to the S&P500 for a stock growing EPS at 2-3x the rate of the index. And a company that has a duopoly in mobile advertising. Greater fool indeed!
seldon999··on Tesla has asked some suppliers for cash back to help it become profitable
A few months ago the WSJ reported that the aerospace supplier Woodward was in talks to be acquired by Boeing. [1]

After the market closed, Woodward came out and categorically denied the WSJ's report, saying that it was not in talks. Period.

Its not necessarily nefarious, but the WSJ does in fact publish stories that rely on questionable sources. It's absolutely not out of the question that that could have happened here as well.

Note that since [1] was published, Woodward has not been acquired by Boeing, and its stock took a dive after the WSJ's poorly sourced story caused the stock to shoot up ~10% when it published. A lot of people that bought it on the WSJ's bad report lost a lot of money.

1. https://www.wsj.com/articles/boeing-in-talks-to-buy-aerospac...