LNG: TESLARATI

Tesla’s retail investors are aggregating a number of inquiries that will hopefully be addressed in the upcoming Q1 2019 earnings call. The questions are aggregated from verified TSLA investors by Say, a startup that aims to create and develop investor communication tools.

Using the platform, Tesla investors have been submitting and voting on inquiries they wish to be discussed and clarified by the electric car maker. The crowdsourced initiative has garnered quite a lot of support from the TSLA investor community, with over 340 retail shareholders representing around $30 million worth of stock posting their inquiries on the platform.

Here are 10 questions that garnered the most votes from the company’s retail shareholders.

1. Will Tesla be able to complete their purchase of Maxwell Technologies? What is holding that back?
2. Last earnings call, Tesla emphasized the prioritization of improving customer service in Q1. It appears that significant improvements have been made. Can you share some key performance metrics around improving customer service?
3. Can we expect the pace of pricing changes to continue? Can you elaborate on the price hike trajectory of the Full-Self Driving option beginning May 1st?
4. Elon, most people when they think of Tesla only see it as an automotive company. Can you speak to Energy side of the company, specifically the road map for when you see the energy side of things really taking off and generating major revenue for the company? Thanks.
5. When and where will the Tesla Semi begin production?
6. When do you expect Powerwall and Powerpack production to meet current orders? What about the solar roof tiles?
7. Is Tesla considering creating an insurance program in order to further simplify the ownership experience and to more accurately take into account the safety of driving on autopilot? The insurance market is very unreliable for Tesla owners right now.
8. Do you have an updated timeline for the Tesla Pickup Truck reveal?
9. Elon, if you were to ask Andrej Karpathy when he believes Tesla will be technically capable of Level 5 autonomy, when would Andrej estimate Level 5 or Full-Self Driving will be technically complete? (not released to customers, nor having received regulatory approval)
10. Are you still confident you will be profitable in Q2 and Q3?

Tesla is yet to fully confirm if it will be entertaining questions from its retail investors in its earnings call, though the company has been open to the idea in the past. In the Q2 2018 earnings call, retail investors representing $60 million worth of TSLA shares listed down 305 questions for the company, and five were personally answered by Elon Musk during the Q&A session.

Tesla is quite unique in the way that it is willing to democratize its process of communicating its earnings to shareholders and its institutional investors. Such a strategy is unusual, and is yet another step away from convention, especially since traditional earnings calls primarily feature questions from Wall Street analysts and the occasional member of the media. If Tesla includes crowdsourced questions in its Q1 2019 earnings call, the electric car maker will be ensuring once more that inquiries which are most relevant and pertinent to retail investors are addressed.

Tesla’s Q1 2019 earnings call is expected to be held on Wednesday, April 24, 2019 at  2:30 p.m. Pacific Time (5:30 p.m. Eastern Time).

The full list of questions from TSLA’s retail investors listed on Say could be accessed here.

One of Tesla’s fiercest critics who was reportedly forced to cease his online initiatives against the company has returned to start a GoFundMe page for another TSLA bear, who was recently issued a temporary restraining order for stalking, harassing, and endangering a group of employees from the Fremont factory. The fundraiser has been successful so far, with 373 people raising over $81,000 in just one day.

On Friday, the Alameda County Superior Court in CA granted a temporary restraining order against Randeep Hothi, the man behind @skabooshka, a prominent anti-Tesla account on Twitter. Tesla accused Hothi of committing several offenses against the company, including injuring a member of its security personnel, and later, and harassing a group of employees who were filming a demonstration of Navigate on Autopilot in a company-owned Model 3. The temporary restraining order is effective until May 7, when a hearing is set for the noted TSLA bear.

With Hothi’s hearing approaching, the TSLAQ community (a group of individuals aiming for Tesla to fall) has mobilized to raise funds for their fellow detractor. The GoFundMe page was started by Lawrence Fossi, a fierce Tesla critic who wrote and tweeted under the pseudonym Montana Skeptic. Fossi was one of the TSLAQ community’s most active members, at least until he was reportedly forced to cease his online activities after Elon Musk contacted his boss to complain about his actions. Fossi described the goal of the GoFundMe page for Hothi as follows.

I am Lawrence J. Fossi and wrote at Seeking Alpha under the pseudonym of Montana Skeptic. I learned today that Tesla Inc. has obtained an ex parte (only one side represented) temporary restraining order against $TSLAQ member @skabooshka.

What will follow over the next two weeks or so is “discovery” (depositions, written questions) and an evidentiary hearing to determine whether Tesla can obtain a temporary injunction. Tesla alleges @skabooshka is a dangerous person. I believe he is a seeker of truth who has done valuable work and deserves a vigorous and capable defense.

Tesla’s TRO application was triggered by @skabooshka’s effort to determine the true nature of the forthcoming “Investor Autonomy Event”. I believe important First Amendment rights are at issue, and urge you to support his effort.

Funds will be used to pay @skabooshka’s legal expenses in defending against the Tesla legal action, and in bringing any appropriate counterclaims. Any and all excess funds will be donated to a good related cause, with full disclosure about the recipient or recipients, and proof of donation sent to all donors. Many thanks.

Hothi has received an outpouring of support from the Tesla bear community. A look through the donations given to the fundraiser so far shows several known Tesla shorts, including Stanphyl Capital’s Mark Spiegel (who is tapped at times as a source for TSLA insights by mainstream media), @TeslaCharts, and Fossi himself donating significant amounts. In an update to the fundraiser, Fossi pledged that the money raised through the GoFundMe page will strictly be used for Hothi’s legal needs.

While the response to Hothi’s GoFundMe page is quite impressive, it should be noted that Tesla only filed a restraining order against the Tesla bear after he reportedly endangered the lives of three Tesla employees. On April 16, three employees were filming in a Model 3 when Hothi reportedly stalked and harassed them. So aggressive were Hothi’s actions that the Model 3’s crash avoidance systems were activated. Fearing for their safety, one of the Tesla employees in the vehicle promptly called the police to report the incident.

According to Tesla, the April incident was not the first time that Hothi committed acts against the company. Back in February, the TSLA short reportedly struck a security employee with his car when the latter was about to give him a verbal warning for trespassing into the Fremont factory’s grounds. The matter was also reported to the police, who attempted to issue a warning notice of trespass. Unfortunately, the warning was never given since Hothi proved uncooperative in meeting with Fremont police officers.

The man behind one of the most prominent anti-Tesla accounts on Twitter, @skabooshka, has been issued a temporary restraining order after allegedly trying to cause an accident during a Model 3 test vehicle’s Navigate on Autopilot demonstration. The noted TSLAQ member reportedly drove so recklessly that his vehicle ended up triggering the Model 3’s crash emergency avoidance maneuver.

The temporary restraining order was granted by the Alameda County Superior Court in CA on Friday, though it is still unknown if the restraining order has been served. In its filing, Tesla claimed that California resident Randeep Hothi, the man allegedly behind the TSLAQ @skabooshka account on Twitter, had “stalked, harassed, and endangered” three employees who were driving a Model 3 in the Bay Area. The electric car maker noted that this was not the first time that the noted short committed acts against the company, as he also reportedly injured a member of Tesla’s security personnel when he was caught trespassing on company property.

Tesla explains its request for a restraining order as follows (credit to Twitter user Nafnlaus for providing screenshots of the documents). The following are excerpts from Tesla’s restraining order.

Respondent has a history of trespassing at Tesla’s facilities, unlawfully taking photographs and video to post on his Twitter account, and other misconduct, as explained in the Leslie Declaration. However, in recent months, Respondent’s conduct has escalated and has resulted in violent and intimidating confrontations with Tesla employees.

In an incident in February 2019, Respondent hit Tesla’s security employee Tyler James with his car as Mr. James approached Respondent to ask him to leave Tesla’s private property. Mr. Tyler suffered minor injuries. The Respondent did not stop and fled the scene. The Fremont Police Department were called and arrived on the scene. The Department later attempted to issue Respondent a warning notice of trespass, but was unsuccessful because Respondent has avoided and been uncooperative in meeting with Fremont police officers.

More recently, on April 16, 2019, Respondent stalked, harassed, and endangered (three Tesla employees) who were driving on the highway in a Tesla-owned Model 3 vehicle bearing manufacturer plates and mounted with camera equipment. In particular, Responded pursued these employees on the public highway for about 35 minutes, variously driving ahead of, beside, and behind them, and swerving dangerously close to the vehicle. Respondent swerved so close to the side of the Tesla that the vehicle’s side-collision (crash) avoidance safety feature was triggered to engage an emergency maneuver to avoid the collision.

These employees had no prior knowledge of Respondent’s interactions with Tesla, but it appeared that Respondent was trying to interfere with their drive, and each feared that Respondent’s road conduct would cause a collision and injure them. Fearing for his safety and for the safety of the other passengers in the Model 3 (a Tesla employee) called the San Francisco Police Department at that time. However, because no officers were in the area, (the Tesla employee) ultimately did not request that an officer be sent to their location.

On April 22, 2019, Tesla will host an event at its headquarters at 3500 Deer Creek Road, Palo Alto, during which Tesla employees will be demonstrating vehicle functionality in manufacturer-plated vehicles on nearby roads. Respondent has expressed interest in this event on Twitter, and his Twitter followers have encouraged him to try to follow and interfere with these drives. Respondent is a vocal Tesla detractor, claims to be a Tesla short-seller, and tweets extensively about his desire to see Tesla (and its Autopilot technology) fail. To ensure the safety of Tesla employees and the public, temporary protection is needed, on April 22,2019, for any Tesla employee driving a Tesla vehicle with manufacturer plates within 5 miles of Tesla’s headquarters at 3500 Deer Creek Road, Palo Alto, California.

It should be noted that @skabooshka’s actions mentioned by Tesla in its restraining order disturbingly mirror some of the suggestions proposed by the TSLAQ community when the noted bear posted images of the company’s Model 3 test car on Twitter. Among these suggestions include braking in front of Tesla’s test vehicles, as well as intentionally swerving into the electric cars’ lane to ensure that the company’s demonstrations are authentic. Other Tesla bears also joked that it would be amusing if the Model 3 crashed.

Due to his actions, the noted Tesla bear will now be required to stay at least 100 yards away from the Fremont factory or the employees named in Tesla’s restraining order. He is also required to stay 10 yards away from any Tesla vehicle with manufacturer plates within five miles of the factory.  The restraining order is effective until May 7, when a hearing is set.

The Tesla critic’s reckless actions seemed to have stemmed from a particular focus on Tesla’s upcoming Autonomy Investor Day on April 22, where the electric car maker is expected to give investors a deep dive into its full self-driving initiatives, including its custom Hardware 3 computer. Test rides on vehicles equipped with unreleased features of Autopilot and the Full Self-Driving suite are also expected to be held in the event.

Neither Tesla nor Hothi have responded to requests for comment to media publications such as The Verge, though the @skabooshka Twitter account boldly declared on Saturday post that “I will not rest. This is my promise. Tesla is a zero. @elonmusk will go to prison.” Elon Musk, for his part, noted on Twitter that the actions of the noted Tesla bear was something that he has never seen before.

The construction of Tesla’s Gigafactory 3 in China continues to show rapid progress, with numerous workers on the site seemingly focusing on paving large sections of the upcoming general assembly building’s roof. Work in taller sections of the facility also hints at the construction of what could very well be Gigafactory 3’s stamping area.

Previous flyovers of the Gigafactory 3 lot conducted by China-based drone operator Wuwa Vision (烏瓦) revealed that roof trusses are being built in several sections of the site. The operator’s latest video shows that these sections have spread significantly to other areas of the factory, and more of the finished trusses are now being paved. Looking at the roofing of Gigafactory 3 from the air, one cannot help but see similarities to Gigafactory 1 in Nevada when its roofing was under construction.

While most of the work on the site filmed by the drone operator revealed a particular focus on Gigafactory 3’s roof, other areas of the Phase 1 project are beginning to look more refined as well. The taller sections of the facility, which are represented by a steel framework that is several stories high, now look more detailed. Heavy equipment have also been deployed in the area.

Neither Tesla nor its construction partner in China has announced exactly what these taller areas will be once the Phase 1 buildout is complete, but speculations among the Tesla community suggest that the section might be allotted for stamping considering its size and height. Excavations are even underway in the area, possibly to make enough space for heavy presses, which are large machines that require a lot of space.

The recent flyover of Gigafactory 3 ultimately shows a project that is starting to look more and more like a car factory. This is impressive, particularly as work on the Gigafactory 3 buildout started only a few months ago. Elon Musk attended the groundbreaking event for the facility in early January, and since then, Tesla and its construction partner have transformed a section of a large, muddy field into an industrial area where an impressive electric car factory is taking shape.

The speed of Gigafactory 3’s buildout is already pretty insane by Western standards, but work on the facility might get even more expedited in the coming weeks. Last month, Shanghai official Chen Mingbo called for the Phase 1 buildout to be finished in May, which is just a few weeks from today. Once Phase 1 is complete, Tesla is expected to start preparing the site for the installation of electric car manufacturing equipment. Tesla Model 3 production at Gigafactory 3 is expected to begin sometime this year.

Watch Gigafactory 3’s latest progress in the video below.