RE:RE:RE:TESLA under pressure to reduce costs. Silicon among inputbencro wrote: Tesla:
- Market cap of 30.2G$
- 13 consecutive trimesters of losses!
- EPS = -7.82$/share
- double of WallStreet estimated losses (-1.06$ versus expect -0.52$)
- came short of Q2 sales estimates (sold only 14,402 instead of the expected 17,000)
- came short of Q1 sales estimates (sold only 18,345 instead of the expected 20,000)
- silicon in its 2 main core products (solar panels and 10% in next generation of batteries)
HPQ:
- Market cap of 34M$ (900x less than Tesla)
- low-cost disruptive silicon technology
- 75% GHG
- plant construction 2x as fast as Siemens plant
- cost of plant construction way less costly than Siemens plant
Bencro, nice! I agree. For Tesla this technology would be way too difficult to ignore. There is one thing that Elon Musk does better than anyone - raise money. I've calculated that he could buy out HPQ for $2b+ and make solar silicon at $2k cost per tonne. Sell it to Solarcity for $4k per tonne (which is 100% margins), still pay PYR their 10% and have a more than 30% price advantage than solar panel makers worldwide. And guess what? HPQ market cap is $30m. If you told me this company's market cap was $500m - I'd believe it, no hesitation.