Latest tweet from Elon

Latest tweet from Elon

Elon Musk ‏@elonmusk
Supercharger announcement pushed to next week. Something else this week.

Let the speculation begin!

sk1656 | 2013年5月14日

I honestly have no idea what Elon is going to say...

Vlnprof | 2013年5月14日

stock split?

Benz | 2013年5月14日

He will be surprising us with something that might not be that huge on its own, but still worth having as a small part of the total package. So, it's going to be someting like an extra feature which wasn't there before, but still worth having it (as an extra feature).

This is just a guess, but we love doing that when we hear that there is going to be an announcement this week. Am I right?

sk1656 | 2013年5月14日

Now I know. Battery Swapping on Model S!!!!!!!!!!!!!!!!!

PorfirioR | 2013年5月14日

Yup. Saw an article on Christian Science Monitor connecting the dots:

I personally do not like the idea, although taxi, police departments, and limo companies might enjoy it. It could also be a means of extending the "side-trip" capability of a Tesla by strategically placing these swap stations in areas within reach of off-the-beaten path destinations.

I hope they do it well, as they have done everything else thus far.

Winnie796 | 2013年5月14日

Hmmmm, "Christian Science"....isn't that a contradiction in terms?

jk2014 | 2013年5月14日

No battery swap. Can't make a good business model out of it.

Maybe the conversation mentioned in the article is in reference to the MS NASCAR vehicle. Have heard battery swap will be done during pit stops.

PorfirioR | 2013年5月14日

@Winnie796 - Yeah, I just read anything about Tesla. Have no idea why they are named that. Although I think "New York Times journalist" is more contradictory.

Back to the topic. I really hope it is not battery swap. That could be perceived as a signal that Tesla has done everything it is going to do as far as battery technology for a while.

EcLectric | 2013年5月14日

A poster named Dave has taken his Model S apart and says it's very difficult to separate the battery pack from the rest of the car. Perhaps the swap is of the battery pack - plus the parts of the car attached to the pack... which would be... the whole car!

Perhaps some of those loaner cars for service can be used as loaners for people on long trips. You leave your car there and it gets charged while you are on your trip in a loaner with a full pack.

Hey, it's just an idea...

jk2014 | 2013年5月14日

I really hope the new announcement this week is a follow on offering of 10m shares at 75+.

750m in funds for genIII, sc network, service, etc. will be monstrous. And you thought this soft squeeze was amazing, wait until this hits the coffers...

tork | 2013年5月14日

You know the NASCAR thing was an April fools joke right?

jk2014 | 2013年5月14日

So is a battery swap!

jk2014 | 2013年5月14日

They raise big money, pay off the doe loan this year. Wow, this could get really interesting soon.

riceuguy | 2013年5月14日

From another thread, could any of the many things mentioned here:

jk2014 | 2013年5月14日

Someone tweeted a snide comment about the doe loan a few days ago and elon replied "stay tune."

Maybe this is a hint for this weeks anouncent being offering related.

What would takin the loan off the plate do for the bottom line? Perfect opportunity right now to make it happen. Investors are seeing the potentials, willing to take a little dillution now to increase probablily of the mid to long term targets.

mkidding | 2013年5月14日

LTE maybe?

vgrinshpun | 2013年5月14日

My guess that it will be about the ceremony of delivering the 10,000th Model S to a happy owner.

There could be also an announcement about exercising the TSLA stock options granted to Elon Musk back in 2009. The last of the four milestones was conditioned on the completion of the 10,000th Model S. The exercise price was $6.63, and a total quantity of shares was 6,711,972. So there is a potential of additional $44.5M (or at least 1/4 of that) to be invested by EM in Tesla. Incidentally, these options expire in 2013.

That could also explain EM tweet regarding the DOE loan - "stay tuned"

doug | 2013年5月14日

I pick up my car this Saturday. If the stock keeps going up my car will be free. A stock split would be nice

Kleist | 2013年5月14日

10k cars delivered would be my guess.

gt1485a | 2013年5月14日

How about a SDK for apps?

one2mark | 2013年5月14日

Not going to be a stock split! There is no reason to split the stock at all. Secondary - maybe (a good call) especially for DOE repayment or Model X/Gen III development/production. Battery swap- highly doubt it - no need to swap a battery that can be charged in 30 min.

Global Hotel chain charging station partnership would be very good.

10k cars delivered- good guess- maybe. Especially with announcement of 25-30k reservations taken.

Supercharger build out update would be good.

Kleist | 2013年5月14日

Supercharger was moved to next week. I think Elon wants to make a big splash and is waiting for some projects to finish.

dubaty | 2013年5月14日

There was an interesting article describing the likely 4th and 5th parts of his five part trilogy. Part four is expected to be a significant increase in the number of installed chargers with a possible upgrade of existing ones. The 5th announcement was speculated to be battery swap technology with an entirely new type of battery (air-metal, I believe it was called). This was apparently specifically mentioned in a Tesla document, so not far-fetched. Though this last part is not likely to be coming all that soon. All speculation, of course.

akikiki | 2013年5月14日

What if Elon lets those that bought one of the first 10,000 cars each buy up to 670 of the shares of his stock option for less than $10.00 a share?

Kleist | 2013年5月14日

akikiki - cool idea. Even at $30 I would buy and with the restriction not to sell for a minimum of a year. That would be a nice reward for the folks that had faith in the company early.

Kleist | 2013年5月14日

Besides an ESSP create an OSSP...

Kleist | 2013年5月14日

sorry - ESPP and OSPP

gimp_dad | 2013年5月14日

Personally I would hope that if Elon wants to do something generous with his own money he would do something much more philanthropic than giving it away to a bunch of people who can afford a $100k car. Just sayin'.

I agree with others about a secondary. Now would be a very smart time to raise $1B and could possibly even help accelerate Model X and Gen III to market.

Andre-nl | 2013年5月15日

jk2014: "I really hope the new announcement this week is a follow on offering of 10m shares at 75+."

As a stockholder I would not be happy seeing my stock watered down to pay of a low interest loan. I simply do not see the business value in that. So please don't implant ideas in Elon's head ;)

And if it would be to get rid of the 'tax dollars for rich boy's toys' argument, the haters will stay the haters and simply switch to something else. They should be ignored.

brian.robards | 2013年5月15日

@one2mark "Global Hotel chain charging station partnership would be very good."

I would think that it would be more likely to partner with WalMart to roll out charging stations. WalMart has been very active in increasing the sustainability of their stores which would align with Tesla. Also, given the fact that WalMart are spread throughout rural and metro areas as well as the fact that they act as a hub for other food and shopping estabilishments, I would think that these would be prime locations for supercharging stations.

Doug H | 2013年5月15日

I would hope that Tesla would locate Superchargers in more employee friendly businesses. I'm not interested in spending my money at the local Walmart when I go through a new city. I want to spend my money in a way that will benefit the town. Walmart uses their own bank and sucks all of the money they take in out of local bank overnight.

On the other hand, money received by local businesses is spent within the town to support other businesses. Most Walmart employees can only afford to shop at Walmart.

Put the Superchargers near local restaurants, shopping centers, and other areas unique to each town. I they are in Walmarts, I'll use the bathrooms and sit in my car, thank you very much.

hfcolvin | 2013年5月15日

Jeez Elon, come on with the Superchargers! I need to plan some summer trips!

ferrari308driver | 2013年5月15日

I like your idea, brian.robards. Along with many other people, we have used WalMart as a place to stay for the night on a long RV roadtrip, and in return we go inside and shop for groceries/et al. Every time. And if they put charging stations then the same thing would happen....

fluxemag | 2013年5月15日

Walmart? Does anyone on this board actually want to spend some quality time at Walmart? I would say partner with a nice restaurant chain. Somewhere you'd actually want to spend an hour...

I think having superchargers in cities instead of just rest stop towns would be a nice feature. But I understand that should not be the priority as far as facilitating long distance travel.

Reli | 2013年5月15日

the battery isnt easily swap able i seriously doubt that would make sense especially since they are trying to charge 10-12 for a replacement

Captain_Zap | 2013年5月15日

I refuse to set foot in a Walmart.
I wouldn't even take free electricity from them.

They have sucked the life out of so many small communities.

mrspaghetti | 2013年5月15日

I'd rather not have superchargers anywhere there are likely to be baskets rolling around in the parking lot, dinging up my car. Same reason I probably would not take my S to my regular grocery store.

MS-lover | 2013年5月15日

it's my wife's car but I plan to haul plants, trees, lumber, dirty mountain bikes (I do not like bike racks as I love my bikes), baseball gear etc etc. bring on the baskets

PorfirioR | 2013年5月15日

Hmmm... another interesting article on the merits of the battery swapping idea:

As a stock-holder, I am starting to warm-up to the idea of battery swapping - particularly if it means hitting the China market running since it would mean minimal infrastructure requirements.

jk2014 | 2013年5月15日

I think a lot of cash from an offering is the best thing that can happen to Tesla for many many reasons. Tesla (Elon in general) is able to make tremendous use of every dollar they get. Imagine what they would do with 750m (maybe 1b) at this point in their evolution? I think it is clearly evident they have a vision that outlines a 50b valuation in 10 years, and beyond that, the skies the limit. There are so many growth areas with gigantic markets (outside the auto industry) it's ridiculous.

Example, Tesla builds the best electric power train/energy storage system in the world. No one can come close for many years. Fantastic barrier to entry to allow the growth to happen at a staggering pace. Not just in the auto industry either. This advantage doesn't stop there.

Given this tech, I think Solarcity will lay the groundwork for Tesla patented energy storage systems to become integrated in home/business PV installations.(walmart, the military, 14 states private homes/business, etc...) Distributed energy as a secondary revenue stream folks. Not only limited to solar either. This is big stuff. A wildly huge unrealized market just waiting to be exploited.

Point being, the more money (through offering) Tesla has to develop the power train/battery tech now, it can increase share holder value in the mid-long term significantly. The dilution is well worth it.

JZ13 | 2013年5月15日

I think free supercharging will only be available out on the highways. But I could see customer-paid superchargerging at Starbux. People like to hang out there anyway and it fits the electric car culture. I know most Starbux have limited parking so you would put 1 Supercharger that could charge 2 cars at a time only in select locations. I think the electric costs would be paid by the customer but potentially subsidized by Starbux.

JZ13 | 2013年5月15日

Has an announcement time been stated yet?

brian.robards | 2013年5月15日

The point that many of you are missing is that WalMart act as an hub for other commercial businesses in many cities. When is the last time you have seen a free standing WalMart with no other companies around it? They usually pull in all types of other shopping and eating opportunities which would make waiting a charge a much better experience.

Thumper | 2013年5月15日

Walmart is only symbiotic with businesses with which they don't compete in any way. I agree with Doug H. Please make it convenient for me to support businesses other than Walmart. I will never enter one.

hsadler | 2013年5月15日

Model S's parked in front of Walmart?
Uhmmmm........ don't see it.

shs | 2013年5月15日

Walmart’s business model is based on externalizing as many of their expenses as possible, that is, getting the government and taxpayers to pick up as much of their cost of doing business as possible. By Walmart’s design, most of their employees are on food stamps and Medicaid/Medical. Our Tesla would never enter a Walmart parking lot even if a Supercharger was located there, and we doubt that many other Tesla owners would either.

GeekEV | 2013年5月15日

@hsadler - You would if you lived where I live. I've seen at least one other besides mine. How do you think I afford my Model S? We're not all independently wealthy... ;-)

dsecrist | 2013年5月15日

Well, now we know what supplanted the Supercharger announcement and pushed it out to next week.

This is the "something else" that Elon tweeted about.

Tiebreaker | 2013年5月15日

Walmart is the antithesis of Tesla

Kleist | 2013年5月15日

Walmart or similar - I see it under a different aspect.

Tesla is building a brand. One of the key stones to their brand advertising will be the super chargers. If you link that to an existing strong brand like Walmart, McDonalds, etc... certainly the car will be identified with the existing brand. So kids will learn the MS is the ( charges at ) Walmart car, or the McDonalds car. All the effort to build the Tesla brand would manly benefit the existing brand.