Moonlazer
3 days ago
I'll be frank, I haven't retraced today's movement yet, as after-hours do play a significant role in the open market, contrary to popular belief. The algorithms still work after the closing bell.
Fundamentals of company valuation didn't drive this rally, else it would have rallied after earnings on decent reports and not prior to it. Pricing Trends, those fundamentals drove this. Timing towards earnings, above the annual trend line, this part is market maker driven in my final belief. They allowed it to run before beating it back down to earth. It's in their best interests to let it run even more if Tuesday surprises everyone. Except the influence that it gives to an individual who is very much opposed to institutions... that still can't be weighed out of the equation.
Given the very poor outlook Musk gave for 2024, in prior earnings calls, a beat is beyond comprehensible to me, which is why I have "my hat" on the dinner plate if I'm wrong. September now for "soonest fed rate cut talks." So much for June right? Lol. At this speed it might be October. Rate adjustment matters in consumer spending for very big purchases: houses and cars. So easily Tesla's profitability placates to this.
Regardless even a meager earnings beat at $0.61 EPS, isn't "great." It will have to be a 25% beat if they want to shake the market. And go beyond $300.
That's with noting the broader chip pullback, Biden stepping down, and Musk supporting the anti-institution, anti-EV candidate.
There's a lot of factors at play. Most of them aren't good for the sake of Fundamentals when tech stocks pricing works on Forward P/E value. With Tesla having the history of absurdly high Forward P/E, it's reasonable to still sit at 178 average pps by August 2026.
boston745
3 days ago
Fire at Santa Ana energy storage facility prompts temporary evacuations in industrial area
A fire at a battery energy storage system facility prompted the temporary evacuation of an industrial area in Santa Ana on Wednesday, July 17, authorities said.
Around 7:45 p.m., a fire broke out at the facility in the 1300 block of East Warner Avenue, according to Orange County Fire Authority Capt. Sean Doran. At least one battery unit was ablaze when authorities arrived, though it was not clear if the fire had spread.
Then again, as lithium batteries are prone to spontaneously combust, more Tesla megapacks means greater chance Tesla battery packs spontaneously combust, further hurting the brand and putting lives at risk. This makes 3 battery storage facility fires in California that im aware of. One in each of its major cities. San Fran area, San Diego, now LA. Not surprising given the proximity to fault lines and thus greater EM radiation. There was a significant battery fire in China if i recall correctly as well. Ring o Fire!
https://www.ocregister.com/2024/07/17/fire-at-energy-storage-facility-prompts-evacuations-in-industrial-area-of-santa-ana/
========================================
How does EMF cause lithium batteries to experience thermal runaway and thus spontaneously combust? One of two main ways:
#1 - Overcharge/Discharge
With various impressed external magnetic field intensities an effect was noticed on the charge and discharge curves as well as the charge and mass concentrations within the batteries. With the two-dimensional model starting from 0mT and going to 1mT had the effect of discharging the battery faster and charging the battery faster. With the two-dimensional model starting from 1mT and going to -1mT had the effect of charging the battery faster. In either case an effect on the various characteristics of the battery were studied. With the experiments conducted on the two types of batteries the effect was more profound than subtle. Discharge times were twice as fast and charge times were equally
affected. With the smaller batteries they all generally charged faster under the presence of a magnetic field due to more uniform penetration. In the presence of the field they also discharged faster. The larger batteries would not see the same uniform penetration because only a small area of the battery sees the center of the coil it is placed on
In this dissertation, they found that external magnetic fields significantly increased charge and discharge rates in individual lithium battery cells; like shown in the following image. They also found that smaller batteries were impacted to a greater degree than larger ones. This is likely a reason Tesla is switching to larger battery cells in addition to employing magnetic attenuating honeycomb sandwich battery pack.
Thermal Runaway of Lithium-Ion Batteries Triggered by Electromagnetic Interference
https://ieeexplore.ieee.org/document/9025761
https://ars.els-cdn.com/content/image/1-s2.0-S0378775320302172-fx1_lrg.jpg
#2 - Stimulation of Dendrite Growth
Thermoelectric current causes asymmetric growth pattern of dendrites.
thermoelectromagnetic convection occurs in the vicinity of the solid-liquid interface, and vortices are generated between dendritic arms. It is shown that the thermoelectromagnetic convection has a major influence on dendritic morphology.
Quote Sources:
#1:https://digitalcommons.njit.edu/theses/1743
#2:https://www.sciencedirect.com/science/article/abs/pii/S001793101930225X
boston745
3 days ago
Ya but Tesla isnt going to solve self driving software because the hardware issues its vehicles suffer from that lead them to going out of control and killing people like Mitch McConnel'ss sister in law. Furthermore Tesla is aware of this fact and DOESNT WARN THE PUBLIC!
========================================
Tesla argues it had no control in the crash and death which were "caused by a superseding and/or intervening force."
There you have it folks Tesla admits an outside force caused this Tesla to glitch and go out of control. That is true, its not Teslas fault, per se, that its vehicles go out of control. Its the destabilized electromagnetic environment we are experiencing as a result of the earths continued weakening of earths magnetic field. While I do not disagree that this is an outside force causing its vehicles to go out of control, its precisely why computers on wheels (Teslas/EVs/computerized ICE) should not be on the roads. Because these vehicles will continue to go out of control and with more frequency putting the greater public in danger. EVs will continue to destroy lives whether through killing those involved, created long-term psychological damage, or leading to the incarceration of people who did nothing wrong other than drive an EV.
Also as Tesla is aware of the problem and does not warn the public its liable for everyone of its vehicles going out of control!
https://www.carcomplaints.com/news/2024/hans-von-ohain-tesla-crash-autopilot.shtml
========================================
The computer errors from outer space
(Elon Musk: Model S not a car but a ‘sophisticated computer on wheels’)
When computers go wrong, we tend to assume it's just some software hiccup, a bit of bad programming. But ionising radiation, including rays of protons blasted towards us by the sun, can also be the cause. These incidents, called single-event upsets, are rare and it can be impossible to be sure that cosmic rays were involved in a specific malfunction because they leave no trace behind them.
And yet they have been singled out as the possible culprits behind numerous extraordinary cases of computer failure. From a vote-counting machine that added thousands of non-existent votes to a candidate's tally, to a commercial airliner that suddenly dropped hundreds of feet mid-flight, injuring dozens of passengers
Plus, since giant ejections from the sun can sometimes send huge waves of particles towards Earth, what's called space weather, an unnerving prospect looms: we could see much more disruption to computers than we're used to during a massive geomagnetic storm in the future
https://www.bbc.com/future/article/20221011-how-space-weather-causes-computer-errors
boston745
3 days ago
Oh ya lots of refinery and pipeline fires all over the world because of Hutchison Effect and EM radiation. Heres the rub, you cant make lithium batteries without oil which is why oil demand is growing even though more lithium batteries are being deployed. If people really wanted to reduce pollution today, the solution is no lithium batteries and reduce consumption of energy in its various forms; also dont drive EVs are they pollute more than their ICE counterparts due to significantly increased tire wear. Eventually deploy geothermal as its the best renewable energy generation source. It has the added benefit of heat as a byproduct that can be used for heating/cooling reducing energy demand further! Ironically its the oil industry thats going to help geothermal become more widespread.
One day fixed bed nuclear might be solved and its even better than geothermal in that its portable for better microgrid setups than Solar/Wind as it doesnt depend on batteries and it has water as a by product. Doesnt have the nuclear waste issue either. Great for desert climates.
=======================================
Hutchison Effect & Teslas Whompy Wheel issue
Jain is one of tens of thousands of Tesla owners who have experienced premature failures of suspension or steering parts, according to a Reuters review of thousands of Tesla documents. The chronic failures, many in relatively new vehicles, date back at least seven years and stretch across Tesla’s model lineup and across the globe, from China to the United States to Europe, according to the records and interviews with more than 20 customers and nine former Tesla managers or service technicians.
https://www.reuters.com/investigates/special-report/tesla-musk-steering-suspension/
The exact cause of the Hutchison Effect is unknown in public spheres as it is classified under national security. However the most likely culprit seems to be a combination of electromagnetic sources coming together in a way to change the makeup of metals leading to their rusting, softening, fracturing, complete breaking, even dustification. Keep in mind the degree of metal materials that are within our buildings and infrastructure...even in concrete. Maybe this is why we are seeing an increase in building and bridge collapses?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172987494
boston745
3 days ago
Fire at Santa Ana energy storage facility prompts temporary evacuations in industrial area
A fire at a battery energy storage system facility prompted the temporary evacuation of an industrial area in Santa Ana on Wednesday, July 17, authorities said.
Around 7:45 p.m., a fire broke out at the facility in the 1300 block of East Warner Avenue, according to Orange County Fire Authority Capt. Sean Doran. At least one battery unit was ablaze when authorities arrived, though it was not clear if the fire had spread.
Then again, as lithium batteries are prone to spontaneously combust, more Tesla megapacks means greater chance Tesal battery packs spontaneously combust, further hurting the brand. This makes 3 battery storage facility fires in California that im aware of. One in each of its major cities. SanFran area, San Diego, now LA. Not surprising given the proximity to fault lines and thus greater EM radiation. There was a significant battery fire in China if i recall correctly as well.
https://www.ocregister.com/2024/07/17/fire-at-energy-storage-facility-prompts-evacuations-in-industrial-area-of-santa-ana/
========================================
How does EMF cause lithium batteries to experience thermal runaway and thus spontaneously combust? One of two main ways:
#1 - Overcharge/Discharge
With various impressed external magnetic field intensities an effect was noticed on the charge and discharge curves as well as the charge and mass concentrations within the batteries. With the two-dimensional model starting from 0mT and going to 1mT had the effect of discharging the battery faster and charging the battery faster. With the two-dimensional model starting from 1mT and going to -1mT had the effect of charging the battery faster. In either case an effect on the various characteristics of the battery were studied. With the experiments conducted on the two types of batteries the effect was more profound than subtle. Discharge times were twice as fast and charge times were equally
affected. With the smaller batteries they all generally charged faster under the presence of a magnetic field due to more uniform penetration. In the presence of the field they also discharged faster. The larger batteries would not see the same uniform penetration because only a small area of the battery sees the center of the coil it is placed on
In this dissertation, they found that external magnetic fields significantly increased charge and discharge rates in individual lithium battery cells; like shown in the following image. They also found that smaller batteries were impacted to a greater degree than larger ones. This is likely a reason Tesla is switching to larger battery cells in addition to employing magnetic attenuating honeycomb sandwich battery pack.
Thermal Runaway of Lithium-Ion Batteries Triggered by Electromagnetic Interference
https://ieeexplore.ieee.org/document/9025761
https://ars.els-cdn.com/content/image/1-s2.0-S0378775320302172-fx1_lrg.jpg
#2 - Stimulation of Dendrite Growth
Thermoelectric current causes asymmetric growth pattern of dendrites.
thermoelectromagnetic convection occurs in the vicinity of the solid-liquid interface, and vortices are generated between dendritic arms. It is shown that the thermoelectromagnetic convection has a major influence on dendritic morphology.
Quote Sources:
#1:https://digitalcommons.njit.edu/theses/1743
#2:https://www.sciencedirect.com/science/article/abs/pii/S001793101930225X
boston745
3 days ago
Not after you take away the value of (level 5) Robotaxis and Self driving network making people money thats already baked into Teslas valuation. All of which is years, decades, if ever away. As you can see in my next post, Lithium batteries are prone to spontaneous combustion.
Not to mention Tesla is being investigated for fraud because its a fake it until it makes it scam.
Exclusive: In Tesla Autopilot probe, US prosecutors focus on securities, wire fraud
https://www.reuters.com/business/autos-transportation/tesla-autopilot-probe-us-prosecutors-focus-securities-wire-fraud-2024-05-08/
=======================================
In a previous post i claimed that "Tesla = fake it until you make it scam". In other posts ive claimed that Tesla is a bigger scam than what Theranos was. People will say it sells cars, its cant be a scam. Very true, the car part and the energy part of the company are not "fake it until you make it scams". What makes Tesla a fake it until you make it scam is the fact that Tesla would not have sold nearly as many of its cars and possibly even megapacks without the lies that have been perpetuated about Tesla to help pump it. Its valuation would be nowhere near what it is or peaked at and thus fewer investors could have purchased so many Teslas. Elon Musk would not be worth the over hundred billions hes worth, without the misleading claims, mostly by Mr Musk, about Teslas FSD software and what could be achieved by it in a rather short period of time. Reality is that true full self driving is decades away if ever achieved; i lean toward never because of natural phenomena that should make it impossible to safely achieve.
Its possible that Tesla produces a few robotaxis and tests them in cities like Cruise and Waymo do, but this would be just part of said fake it until it makes it scam as the underlying software is NOT safe for true full self driving. Thus, I'd expect Tesla to experience the same setbacks those companies have in the cities they operate in, struggle with expanding to other cities, or even continue to operate in the cities they are allowed to be in . In other-words, it will not achieve true self driving robotaxi network. At least its finally going to try and put the public at greater risk at the same time.
What constitutes a fake it until you make it scam?
it was arguably a referendum on “fake it till you make it” practices, such as intentionally overstating, and thereby misrepresenting, a fledgling company’s current capabilities, success, or profitability, while banking on the notion that its aspirations will eventually follow the desired trajectory and become a reality.
Is that not exactly what Elon Musk did when he made a series of promises 8 years ago that helped Tesla drive its valuation, sell more vehicles, and net him billions in gains via his enormous share count? This scheme was so successful that sales grew in part because a lot of people invested in TSLA, used their gains to buy 1 or more of Teslas vehicles; some of which then sold them for profit on the secondary market because of all the hype around Tesla coupled with shortage in supply. Without said fake it until you make it scam, Tesla and the greater EV market would likely be on its last breath; at least in the US and Europe.
Elon Musk’s Big Lie About Tesla Is Finally Exposed
Not long before the pandemic reared its ugly head, the brilliant, serial entrepreneur Elon Musk promised to roll out an Uber-like service enabled by self-driving Tesla vehicles. According to Musk, Tesla owners could expect to earn up to $30,000 per year in extra cash by lending their Teslas out to anyone in need of a ride. Owners and customers would transact on the “Tesla network.”
This self-driving technology already exists. At this point, the network can go live very soon, opening the world to an exciting new way to make money while you sleep.
Back in 2016, Elon Musk claimed that Tesla cars could “drive autonomously with greater safety than a person. Right now.” It was a lie, one that sent Tesla’s stock price soaring — and made Musk among the wealthiest people on the planet. That lie is now falling apart in the face of a new recall of 2 million Teslas. It’s also revealing to the broader public what close observers of Tesla have always known (and the company itself admits in the fine print of its legal agreements): Tesla’s so-called “self driving” technology works fine — as long as there’s a human behind the wheel, alert at all times.
Article fails to include that sales of Tesla vehicles would be nowhere near what Tesla has sold to date without these lies.
By this time Musk had MCed numerous stock price-spiking hype events around the technology, and had been collecting deposits from customers since late 2016 for a “Full Self-Driving” version of the technology. Despite the reported deaths and clear evidence that the only video of a driverless Tesla was heavily staged, even Musk admits that his hype around self-driving technology has been the central factor in the recent growth of his wealth to titanic proportions.
BYD thoughts of Self driving technology
“We think self-driving tech that’s fully separated from humans is very, very far away, and basically impossible,” Li Yunfei, a spokesperson for BYD, said in Mandarin, translated by CNBC.
“When we think about [self-driving tech] from all aspects, from human psychological safety needs, from ethics, from regulation, from technology — including application in this industry — we haven’t figured out [the logic] and we think it is probably a false proposition,” Li told reporters on the sidelines of the Shanghai auto show on Tuesday.
“There may be many industries and businesses that invest a lot of money on this [tech], and after investing for many years it will prove it leads nowhere,” he said.
Quote Sources:
https://corpgov.law.harvard.edu/2022/01/30/theranos-the-limits-of-the-fake-it-till-you-make-it-strategy/
https://incomecraze.medium.com/make-passive-income-with-teslas-robotaxi-network-80bfca249c56
https://www.rollingstone.com/culture/culture-commentary/elon-musk-tesla-crash-1234930544/
https://www.cnbc.com/2023/04/19/chinese-ev-giant-byd-self-driving-tech-better-for-factories-than-cars.html
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