05/23/19

Tesla Dips

I am a huge fan of the Tesla story — brash entrepreneur starts electric car company.

The story is four fold:

 1. Car — great car

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 2. Elon Musk — irrepressible entrepreneur

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 3. Disruption of, perhaps, the most well-organized and entrenched industry

 4. The stock, TSLA

Today, we talk about the stock. You will recall some time ago Elon Musk got in trouble for whispering he had backing to take the company private at $420/share. Several million dollars later, a few US Securities and Exchange Commission scoldings, a bit of public humiliation, the story came to be — well maybe Elon Musk didn’t have the requisite backing.

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11/15/18

Corporate Welfare – Incentives

Corporate welfare, Big Red Car? Huh?

Big Red Car here on a sunny, cold Texas day. Ahhh, winter is here at 41F at dawn, but 65F now. Winter is hard in the ATX, y’all.

So, the Interwebs are all aghast at the gargantuan incentives provided to Amazon (richest guy in the world, Jeff Bezos, at your service) by New York and Virginia to get half of the new HQ2.

The gainsayers and the naysayers are in full throated-uproar, but nobody is really keeping score on these things, are they?

Let’s go back and explore a recent deal — the Tesla SolarCity Buffalo, New York incentivized transaction.

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Oh, my, what have I done now? Solar City? Rooftop solar panels? Was that me?

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10/5/18

Elon Musk and the US SEC – Shortsellers Enrichment Commission

Big Red Car here, following the unending saga of Elon Musk of Tesla fame and his continuing dialog with the United States Securities and Exchange Commission.

“Just want to [say] that the Shortseller Enrichment Commission is doing incredible work. And the name change is so on point!” Tweeted by Elon Musk.

Is this the smart play?

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Elon Musk taking a toke to release his inhibitions?

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09/7/18

Tesla Talk – Elon Musk

The Big Red Car is a fan of Tesla, the idea of a new kind of electric car is exciting. It has been a “thing” for a decade. The BRC is, however, skeptical of the leadership of Tesla, specifically Elon Musk.

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Tesla CEO Elon Musk smoking a perfectly legal joint while being interviewed by Joe Rogan for a podcast. Rogan offered the joint to Musk after saying he had rolled the weed in tobacco leaves. Asked how often he partakes, Musk said, “Almost never.” Prior to this, Musk and Rogan had been chatting while enjoying some Old Camp on the rocks. They discussed expensive cars, watches, the dangers of artificial intelligence, space travel, terra-farming on Mars, and weed. The interview started at 9:30 PM and lasted until 12:15 AM.

Is it possible to be a fan of a product and a skeptic of a company? Concerned about the stability of a CEO? Apparently.

Several odd things have caught my Big Red eye.

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09/22/17

Mercedes Benz v Tesla — Game On Electric SUVs

Big Red Car here on a gray Texas day, y’all. Going to be a nice cool one.

So, the Big Red Car is a muscle car, meaning I drink regular gasoline, put out the torque, and sip a bit of 10W40 (The Boss has me on an “old guy” synthetic oil diet. Son-of-a-bitch! I liked the old fashioned oil, but I admit my joints feel better with the old guy stuff. Just as long as he stays away from the Blue Emu.).

So, Mercedes announced it is going to spend $1,000,000,000 to get into the electric SUV business. Hello, America!

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07/5/17

Volvo v Tesla v Jaguar

In a few minutes, we talk about Volvo, Tesla, Jaguar, but now, let’s talk about a Big Red Car.

Big Red Car here on a post 4th of July let down. Ahhh, the Fourth was great!

Big Red Car chatting up the flag on the 4th of July. Quiet car time for all!

So, comes now Volvo with the announcement that the internal combustion engine is dead and it is going to phase them out completely by 2019 whereafter every Volvo will be either a hyrbid or an electric car.

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04/6/17

Valuation Mojo — Tesla v Ford v GM

Big Red Car here on a lovely Thursday in the ATX. On Earth as it is in Texas! Today, we talk valuation mojo. What?

So, the Big Red Car is ciphering about the market caps and other data of car companies. “Some interesting stuff, Big Red,” said NOBODY ever. [“Hey, I resent that,” sayeth the Big Red Car.]

So,  here you have three car companies: Tesla, Ford, and General Motors. Three companies who are struggling to make a profit — or are they?

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Sexy Tesla enjoying the ocean air at sunset?

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