Panasonic SUSPENDS Spending At Tesla's US-based Gigafactory + Shanghai Plant — Now What?

The implosion begins.

Calm down everyone, Mercedes has already sent a money gram order to tesla to keep the lights on and has reinstated their 20% stake in the company

More than likely they are wanting to buy Tesla outright.

Now u are thinking

But it would be Geely using Mercedes as the shil to buy it.

I cannot find one article anywhere saying Mercedes invested in Tesla. Since MB is launching their own EVs (EQC this year) with faster charging, why would they invest in Tesla as it is imploding? MB did buy carbon credits from Tesla, but a much smaller amount than FCA.
MB sold its 3 percent interest in 2017. CEO said he is open to working with Tesla back in October, well before the bottom started falling out.

I did see where it is estimated MB may have purchased 20 percent of the carbon credits from Tesla, but actual figures are not revealed. No, MB did not buy a 20 percent stake in Tesla "to keep the lights on."

Truthy, Mercedes plays chess not checkers and don’t chop and screw my statement, “keeping the lights on” is a phrase, stop taking everything so literal. Also everything is not sent to blogs/car sites for you to read.

Public knowledge, Tesla reached out to Benz in February to work with them on Vans.

Not YET Public Knowledge, Mercedes has agreed to allow Tesla to use their vans as a platform in exchange for a 20% stake in the company basically doubling their stake they sold off in 2009. Once all is signed off, and PR people are called you will read about it. Your welcome

Benz still supplies parts like switch gear/gear selector, trunk release, and window controls for Tesla and it appears they are now more interested than ever.

Why would MB want 20 percent of a rapidly failing enterprise? And you believe Elon who has been running a Ponzi scheme to enrich himself and his relatives would give up 20 percent?

When you want to get out of your personal feelings and emotions towards musk, let me know I only talk facts. And rapidly falling? The only thing rapid is the number of manufacturers now rushing EVs to market to compete with Tesla. Clearly they hit a nerve.

Save your hate for something more productive bud

You are the only one showing personal feelings for Musk. The facts are the stack is falling, down 40 percent since early December. Demand is falling. Panasonic is pulling out of Nevada and Shangha due to falling demand and aiming to cut their losses. Competition is killing the S and X. Elon will will need to raise $2.5 Billion soon in order to keep Tesla an ongoing concern. It will be challenging for him to raise this amount given the current environment.
Additionally, other makers are not rushing into the market to compete with Tesla, they are entering slowly as was alwways intended.

"the stock is down 40 percent since mid December - my typo. Since most analysts are lowering their price estimate for Tesla this year to about $200 - one as low as $180 - per share, MB would be taking quite a hit to support a product competing with their own EVs. I understand making the Sprinter van avaiable for Elon as this is transactional and involves no risk for MB. But, it they are indeed playing chess instead of checkers - and thanks again for putting it in simple terms for me - then it makes little sense. Dieter has stated as recently as October he would be interested in working together, but like Panasonic, not putting any capital into it.

Hey Truthy, welcome to the stock market, stocks go up and down frequently, remember Apple’s highs and lows of the 90’s/ early 2000’s

Get back to me when you have more to add than their stick is down and how much u hate Tesla LOL thanks

Truthy, Analyst lower and raise estimates for stocks every day, it’s just how the market works lol read a book, you are betting against something you will ultimately lose lol. The demand and market is on Tesla’s side whether you like it or not.

Car4life, analysts do raise and lower valuations based on data likely too sophisticated for you to understand. The consensus of analysts is that Tesla has hit a demand cliff. Nearly everyone that wanted one either has one or is waiting for something newer from Audi, Jaguar, Porsche, VW, etc.
There are very good reason's fr downgrading Tesla stock. Obviously, Panasonic sees it too. When your stock is down 40 percent from 4 months ago while the rest of the market is, this is not good. Additionally, Tesla has been trading near its flow for for some time. Fundamentals and technicals indicate an enterprise that will not survive independently.
I can forward some articles and book recommendations to you if that will help.

Lol too sophisticated for me to understand? You just destroyed your own argument by agreeing with me, lay off the opioids bud

How so. I just explained to you as simply as I could without pictures or rhymes, why tesla is likely to fail as an independent company. You use Apple as a comparison apparently not understanding that Apple made lots of profits and has hundreds of billions in cash. All of this without the government paying you to buy their products. Hmm. So, rather than smugly (Tesla standard attitude) tell me I undermined my own arguement, please explain how. If you need help with words with more than two syllables, or more to the point, with the math, I avail my services.

Truthy said: "...How so. I just explained to you as simply as I could without pictures or rhymes..." You channeled your inner Darringer. That's a brilliant insult. I will have to remember that for Newport Beach day tomorrow when we terminate an imbecile of a sales manager at our newly acquired dealership.

I consider it a compliment to be channeling my inner Darringer.

When we terminated the sales manager of the dealership we bought a while ago, I said: "I just want to explain it to you as simply as I can without pictures or rhymes, you are incompetent to be the sales manager. Please remove only your personal items from your cubicle and leave."

The guy was totally incompetent, but he was also made an example of because the culture of the dealership is very good old boy and discriminatory.

My brother Kyle and his husband Jerrick went to the dealer as test subjects and were the brunt of inappropriate gay jokes by a salesman. The guy banged his index fingers together and said "that doesn't seem like much fun or does one of you take it like a woman?"

At the meeting I asked him if I looked familiar--Kyle and I look a lot alike so much so that even friends mistake us from a distance--the color drained from the guy's face. I explained why I looked familiar and then fired him.

I am the one who plays Mr. Hyde when we are cleaning a new dealership. You quip made it quite fun.

Panasonic has lost confidence in the Tesla operation and have abandoned Tesla.

Makes you wonder what Panasonic knows that is not public knowledge at this point....

It is all public knowledge. Panasonic is very pragmatic. A lot of Tesla investors are overly exuberant.

Although cards in the Tesla House of Cards have been slowly falling away for the past year, the Tesla House of Cards has just lost about 50 cards from the bottom.

The Tesla House of Cards is about to come tumbling down.

Not to get too "stocky" on everyone here, but IMO Tesla's likley coming implosion is going to have BIG ramifications for all the other future House of Cards out there - Lyft, Uber, Pinterest, etc.

Tesla's likely implosion is going to take the wind out of all those other "NEVER-PROFITABLE" private companies (now about to do IPO's) that have been foisted on an unsophisticated investing general public (a few of whom may just post on this board).

#ItsGonnaBeUgly

Someone will buy Tesla for the name. GM or Hyundai would be wise to consider this or possible Ford, to replace Lincoln.

MB will pay no more than $180/share. This is the first I read anywhere that MB bought 20 percent. Will need more info.

Did your keyboard get stuck and the extra zero get added in error?

Didn't you mean $18 per share?

That ($10 to $40 per share) is a possible range if the cards keep separating from the house of cards.

A Chinese company may buy it due to government policies there.

Geely and Softbank are the puppet masters you want to pay attention to. The hand they are going to play regarding Tesla and the future of mobility has only been partially revealed.

The brand name is golden. The #1 issue with Tesla is Elon Musk's psychosis. The #2 issue is that they have a stupid sales and service delivery model. #3 is that they have NOT teamed with a mainstream manufacturer for growth.

Ponzi schemes are easy to spot.

Agree with Matt that the Tesla brand is golden right now. Someone would be wise to snap it up. I have just spent significant time in Nuremberg, Prague and Lisbon and in all 3 places the most numerous US manufactured car from a US car company that I saw was Tesla followed by the Ford Mustang and Jeep Wrangler (unless the Euro Focus is made in US).

At Hyundai, they could do Genesis/Tesla dealers for a win/win.
At GM, they could do Cadillac/Tesla dealers for a win.
At Ford, Lincoln/Tesla.
At Geely, Geely/Volvo/Tesla.

FCA actually needs it more than others, but doubt it can raise the capital or if they could they could be successful with it.

FCA has neither the dollars not the engineering prowess to move Tesla forward. FCA will be owned by someone else within the year.

You are the only one showing personal feelings for Musk. The facts are the stack is falling, down 40 percent since early December. Demand is falling. Panasonic is pulling out of Nevada and Shangha due to falling demand and aiming to cut their losses. Competition is killing the S and X. Elon will will need to raise $2.5 Billion soon in order to keep Tesla an ongoing concern. It will be challenging for him to raise this amount given the current environment.
Additionally, other makers are not rushing into the market to compete with Tesla, they are entering slowly as was alwways intended.

Panasonic never was part of GF3 so how can they „stop“ spending there.
Dubious at best.

I consider it a compliment to be channeling my inner Darringer.