Joseph Spak wrote : “We took a fresh look at the growth opportunity, what we got wrong about TSLA’s positioning and the valuation and conclude that the stock price itself is likely to be somewhat self-fulfilling to TSLA’s growth and strategy,”

thezimbabwemail Friday, January 8, 2021 4:53:00 AM EAT

Joseph Spak wrote : "We took a fresh look at the growth opportunity, what we got wrong about TSLA's positioning and the valuation and conclude that the stock price itself is likely to be somewhat self-fulfilling to TSLA's growth and strategy,"

abs-cbnnews Friday, January 8, 2021 4:40:00 AM EAT

Joseph Spak wrote : "We took a fresh look at the growth opportunity, what we got wrong about TSLA's positioning and the valuation and conclude that the stock price itself is likely to be somewhat self-fulfilling to TSLA's growth and strategy,"

channelnewsasia Friday, January 8, 2021 3:57:00 AM EAT

Joseph Spak wrote : “We took a fresh look at the growth opportunity, what we got wrong about TSLA's positioning and the valuation and conclude that the stock price itself is likely to be somewhat self-fulfilling to TSLA's growth and strategy,”

themalaymailonline Friday, January 8, 2021 3:45:00 AM EAT

Joseph Spak wrote : "We took a fresh look at the growth opportunity, what we got wrong about TSLA's positioning and the valuation and conclude that the stock price itself is likely to be somewhat self-fulfilling to TSLA's growth and strategy,"

4-traders Friday, January 8, 2021 1:07:00 AM EAT

Joseph Spak wrote : "We took a fresh look at the growth opportunity, what we got wrong about TSLA's positioning and the valuation and conclude that the stock price itself is likely to be somewhat self-fulfilling to TSLA's growth and strategy,"

4-traders Thursday, January 7, 2021 9:51:00 PM EAT

Joseph Spak wrote : "We took a fresh look at the growth opportunity, what we got wrong about TSLA's positioning and the valuation and conclude that the stock price itself is likely to be somewhat self-fulfilling to TSLA's growth and strategy,"

wsau Thursday, January 7, 2021 9:49:00 PM EAT

Joseph Spak said : “Our biggest miss was how TSLA can take advantage of its stock price to raise capital inexpensively and fund capacity outlays and growth,” “To wit, TSLA raised $10-billion in ATM share offerings towards the end of 2020 ($5-billion each). The second offering was less-than 1-per-cane dilutive. This shows how easily TSLA can fund future growth whereas traditional OEMs need to generate significant cash from existing operations to fund their transition to electrification. Moreover, we’d argue that TSLA can use its stock price to fund acquisitions. Even a relatively large deal would be insignificant to TSLA’s market cap (e.g., a $25-billion acquisition would be less-than 4-per-cent share count dilutive). To sum it up, the higher stock price is somewhat self-fulfilling to TSLA’s growth potential. TSLA’s current valuation is just too large to ignore in this construct”

theglobeandmail Thursday, January 7, 2021 3:59:00 PM EAT

Joseph Spak told : “It’s not an unattainable goal, in our view, and is most likely dependent on the [Shanghai factory] rate continuing to increase and maybe some more efficiency out of [the Fremont, California, factory],”

ibtimes Saturday, October 10, 2020 6:03:00 PM EAT

Joseph Spak explained : “NKLA relying on partners for the commercial trucks, hydrogen, Badger, etc., which had always been part of their plan. The comparison to a more vertically-integrated TSLA was never apt (aside from both doing alt. propulsion, biz models quite different) and many were too focused on Badger (much smaller opp). And to be fair, many OEMs (especially in CVs) also rely on other partners for key components,”

news-yahoo Wednesday, September 23, 2020 3:59:00 AM EAT

Joseph Spak said ( about Elon Musk ) : “Tesla as a company has undeniably changed the auto industry in terms of pushing vehicles towards electrification, vehicle architecture/compute and the importance of software in vehicles,” “Tesla has also established a compelling and desired brand, enhanced by the halo of Elon Musk as its leader. This point should not be taken lightly by traditional automakers. The consumer perception of Tesla being a superior vehicle could lead to share gains and higher margins (via premium pricing) even if traditional OEMs are (eventually) able to offer a functionally similar vehicle to what a Model 3/Y is today. This could lead to continued reinvestment that keeps Tesla steps ahead of the competition. Of course the flip side is that with many more Teslas in operation, the company’s quality and service, which we believe to be below average, must improve else risking the brand – especially with more competition coming”

theglobeandmail Tuesday, September 22, 2020 5:45:00 PM EAT

Joseph Spak wrote : "GM is showing they can be a supplier of key technologies,"

4-traders Wednesday, September 9, 2020 9:58:00 AM EAT

Joseph Spak wrote : "GM is showing they can be a supplier of key technologies,"

4-traders Tuesday, September 8, 2020 8:46:00 PM EAT

Joseph Spak said ( about Elon Musk ) : “Tesla as a company has undeniably changed the auto industry in terms of pushing vehicles towards electrification, vehicle architecture/compute and the importance of software in vehicles,” “Tesla has also established a compelling and desired brand, enhanced by the halo of Elon Musk as its leader. This point should not be taken lightly by traditional automakers. The consumer perception of Tesla being a superior vehicle could lead to share gains and higher margins (via premium pricing) even if traditional OEMs are (eventually) able to offer a functionally similar vehicle to what a Model 3/Y is today. This could lead to continued reinvestment that keeps Tesla steps ahead of the competition. Of course the flip side is that with many more Teslas in operation, the company’s quality and service, which we believe to be below average, must improve else risking the brand – especially with more competition coming”

theglobeandmail Tuesday, September 1, 2020 5:17:00 PM EAT

Joseph Spak said ( about Elon Musk ) : “Tesla as a company has undeniably changed the auto industry in terms of pushing vehicles towards electrification, vehicle architecture/compute and the importance of software in vehicles,” “Tesla has also established a compelling and desired brand, enhanced by the halo of Elon Musk as its leader. This point should not be taken lightly by traditional automakers. The consumer perception of Tesla being a superior vehicle could lead to share gains and higher margins (via premium pricing) even if traditional OEMs are (eventually) able to offer a functionally similar vehicle to what a Model 3/Y is today. This could lead to continued reinvestment that keeps Tesla steps ahead of the competition. Of course the flip side is that with many more Teslas in operation, the company’s quality and service, which we believe to be below average, must improve else risking the brand – especially with more competition coming”

theglobeandmail Tuesday, September 1, 2020 3:42:00 PM EAT

Joseph Spak concluded : “Bullishness is very high; we can’t recommend adding believing that current price more than discounts positive arguments”

news-yahoo Sunday, July 12, 2020 4:43:00 PM EAT

Joseph Spak wrote : "We would expect other auto companies to also draw on facilities and potentially suspend dividends,"

4-traders Friday, March 20, 2020 10:31:00 AM EAT

Joseph Spak wrote : "We would expect other auto companies to also draw on facilities and potentially suspend dividends,"

4-traders Thursday, March 19, 2020 9:07:00 PM EAT

Joseph Spak said : “have fundamentally different profitability and cash flow profiles making Tesla’s likelihood of achieving that mark more difficult.,”

mondaq Wednesday, February 19, 2020 8:34:00 AM EAT

Joseph Spak said : “have fundamentally different profitability and cash flow profiles making Tesla’s likelihood of achieving that mark more difficult.,”

messenger-inquirer Sunday, February 9, 2020 9:33:00 AM EAT

Joseph Spak said : “have fundamentally different profitability and cash flow profiles making Tesla’s likelihood of achieving that mark more difficult.,”

news-yahoo Friday, February 7, 2020 9:24:00 PM EAT

Joseph Spak said : “In our view, end of February is critical,”

theglobeandmail Thursday, February 6, 2020 3:10:00 AM EAT

Joseph Spak said : “If it lasts longer, then auto will certainly be impacted, but that also means there are probably greater global growth/macro issues as well,”

theglobeandmail Thursday, February 6, 2020 3:10:00 AM EAT

Joseph Spak said : "With its unabashed looks, we believe the truck will initially appeal to the influencer crowd (celebrities and pop culture) and the `look at me' crowd,"

4-traders Saturday, November 23, 2019 2:03:00 AM EAT

Joseph Spak wrote : “We’d like to have more confidence in the improvement but details are limited,”

marketwatch Friday, October 25, 2019 12:04:00 PM EAT

Joseph Spak said : “Cost control can help a quarter, but we struggle to understand how spending doesn’t have to go up to support Tesla’s growth ambitions,”

marketwatch Friday, October 25, 2019 12:04:00 PM EAT

Joseph Spak wrote : “It is a fairly solid outcome for GM,” “The financial implications of the deal don’t look too onerous”

bostonglobe Monday, October 21, 2019 5:04:00 AM EAT

Joseph Spak wrote : “We are getting to the point where it will be difficult to recover the lost production this year,”

business-standard Saturday, October 5, 2019 9:14:00 PM EAT

Joseph Spak says : “it does appear that further efficiency gains are still possible”

news-yahoo Thursday, September 12, 2019 11:08:00 PM EAT

Joseph Spak said : “is the most significant senior management departure to date at Tesla,”

marketwatch Friday, July 26, 2019 2:20:00 PM EAT

Joseph Spak wrote : “sacrificing profitability to focus on unit growth,”

iol Monday, June 24, 2019 3:06:00 AM EAT

Joseph Spak wrote : “sacrificing profitability to focus on unit growth,”

news-yahoo Thursday, June 20, 2019 4:16:00 PM EAT

Joseph Spak wrote : “sacrificing profitability to focus on unit growth,”

news-yahoo Thursday, June 20, 2019 4:16:00 PM EAT

Joseph Spak said : “A very strong 1Q19, clearly exceeding all expectations. F-series strength helped boost North America, while initiatives are starting to shine through in Europe and China. 1Q19 might be the best quarter of the year, but with redesign still in earlier stages, hard not to be more encouraged by potential”

theglobeandmail Friday, April 26, 2019 11:55:00 PM EAT

Joseph Spak said : “A very strong 1Q19, clearly exceeding all expectations. F-series strength helped boost North America, while initiatives are starting to shine through in Europe and China. 1Q19 might be the best quarter of the year, but with redesign still in earlier stages, hard not to be more encouraged by potential”

theglobeandmail Friday, April 26, 2019 5:09:00 PM EAT

Joseph Spak said : "To us, this signals that the tax subsidy cut in the US was a significant hit to these premium vehicles and/or Model 3 is having a bigger cannibalisation impact,"

longbeachstar Friday, April 5, 2019 5:13:00 AM EAT

Joseph Spak said : "To us, this signals that the tax subsidy cut in the US was a significant hit to these premium vehicles and/or Model 3 is having a bigger cannibalisation impact,"

Stuff Friday, April 5, 2019 4:40:00 AM EAT

Joseph Spak said : "To us, this signals that the tax subsidy cut in the US was a significant hit to these premium vehicles and/or Model 3 is having a bigger cannibalisation impact,"

nzherald Friday, April 5, 2019 1:05:00 AM EAT

Joseph Spak said : "To us, this signals that the tax subsidy cut in the US was a significant hit to these premium vehicles and/or Model 3 is having a bigger cannibalisation impact,"

irishsun Friday, April 5, 2019 12:43:00 AM EAT

Joseph Spak said : "To us, this signals that the tax subsidy cut in the US was a significant hit to these premium vehicles and/or Model 3 is having a bigger cannibalisation impact,"

polandsun Friday, April 5, 2019 12:29:00 AM EAT

Joseph Spak said : “To us, this signals that the tax subsidy cut in the U.S. was a significant hit to these premium vehicles and/or Model 3 is having a bigger cannibalization impact,”

news-yahoo Thursday, April 4, 2019 5:19:00 PM EAT

Joseph Spak said : “To us, this signals that the tax subsidy cut in the U.S. was a significant hit to these premium vehicles and/or Model 3 is having a bigger cannibalization impact,”

news-yahoo Thursday, April 4, 2019 4:21:00 PM EAT

Joseph Spak said : “It’s not that we don’t believe Tesla can grow over time, our model shows solid LT growth. But the current valuation already considers overly lofty expectations”

news-yahoo Tuesday, February 12, 2019 9:25:00 PM EAT

Joseph Spak said : "It's not that we don't believe Tesla can grow over time,"

beaumontenterprise Friday, January 25, 2019 1:11:00 AM EAT

Joseph Spak wrote : "A stock should of course discount future cash flows and the market took the promises of Tesla and their future growth potential to justify lofty valuations while Tesla took capital needed to support their endeavors,"

marketwatch Thursday, January 24, 2019 12:59:00 PM EAT

Joseph Spak said : “While Tesla has had challenges meeting deadlines, it does eventually get there,”

TheFrontierPost-en Saturday, November 18, 2017 8:18:00 PM EAT

Joseph Spak said : "While Tesla has had challenges meeting deadlines, it does eventually get there,"

digitaljournal Friday, November 17, 2017 9:57:00 PM EAT

Joseph Spak wrote : "The key will be the services and monetization off of that connectivity,"

investors Thursday, October 5, 2017 11:09:00 PM EAT

Joseph Spak wrote : "While we gained confidence that the Gigafactory time line is on schedule, little else came from the event,"

investors Thursday, January 5, 2017 9:30:00 PM EAT

Joseph Spak said : “Question is can they hold on into and convert in the meaningful riding season,”

nypost Wednesday, October 19, 2016 1:42:00 AM EAT

Joseph Spak said : "Question is can they hold on into and convert in the meaningful riding season,"

cnbc Wednesday, October 19, 2016 1:18:00 AM EAT

Joseph Spak said : "Question is can they hold on into and convert in the meaningful riding season,"

4-traders Tuesday, October 18, 2016 11:04:00 PM EAT

Joseph Spak said : “Question is can they hold on into and convert in the meaningful riding season,”

in-cyprus Tuesday, October 18, 2016 9:45:00 PM EAT

Joseph Spak said : "Question is can they hold on into and convert in the meaningful riding season,"

channelnewsasia Tuesday, October 18, 2016 8:29:00 PM EAT

Joseph Spak said : "Question is can they hold on into and convert in the meaningful riding season,"

cnbc Tuesday, October 18, 2016 8:16:00 PM EAT

Joseph Spak said : "Question is can they hold on into and convert in the meaningful riding season,"

foxbusiness Tuesday, October 18, 2016 5:36:00 PM EAT

Joseph Spak écrit : "Même si nous ne doutons pas que certains clients seront intéressés par des véhicules électriques et des produits de stockage tout comme par du solaire, nous ne souscrivons pas pour autant à l'idée que cela représente une opportunité significative en terme de ventes croisées, particulièrement en ce moment"

capital-FR Wednesday, June 22, 2016 7:05:00 PM EAT

Joseph Spak said : "We suspect the market will be more skeptical of the strategic rational and the financial/cash flow strain this could add to the TSLA story. By owning the asset, we believe TSLA may be trying the investing partner approach they have taken with shareholders and asking them to stick with them for something they potentially didn't sign-up for,"

cnbc Wednesday, June 22, 2016 3:43:00 PM EAT

Joseph Spak wrote : “We believe this gives Mobileye a meaningful seat at the autonomous table and one that is being underappreciated by the market and making the stock our favorite play on autonomous driving,”

investors Thursday, June 16, 2016 8:44:00 PM EAT

Joseph Spak said : “Bears may gravitate to the view that higher-end luxury demand is waning,”

denverpost Thursday, June 9, 2016 8:17:00 PM EAT

Joseph Spak wrote : “GM is also working with Mobileye on their REM localization product. Once fully deployed, this will allow GM to collect 100 million miles of data per day in the U.S. alone,”

investors Tuesday, May 31, 2016 8:41:00 PM EAT

Joseph Spak wrote ( about Tesla Motors ) : “We are all for setting aggressive internal and supplier goals, but as an investor, we believe these targets should be moderated,” “We were always below Tesla’s vehicle delivery targets of 500,000 by 2018 and 1 million by 2020, but after speaking with industry contacts and reconsidering our model, we are tempering our delivery forecast to account for a slower Model 3 ramp,”

investors Wednesday, May 25, 2016 11:53:00 PM EAT

Joseph Spak wrote ( about Tesla Motors ) : “In the interim, the Tesla story is about manufacturing, and execution risk is elevated,” “For the investor with long-term horizons, the ramp is less of a concern. For others, expect a choppy ride with sentiment a large driving factor”

investors Wednesday, May 25, 2016 11:53:00 PM EAT

Joseph Spak wrote : “For now we put another $1 billion equity raise in 2017,”

investors Wednesday, May 25, 2016 11:53:00 PM EAT

Joseph Spak wrote ( about Tesla Motors ) : “We are all for setting aggressive internal and supplier goals, but as an investor, we believe these targets should be moderated,” “We were always below Tesla’s vehicle delivery targets of 500,000 by 2018 and 1 million by 2020, but after speaking with industry contacts and reconsidering our model, we are tempering our delivery forecast to account for a slower Model 3 ramp,”

investors Wednesday, May 25, 2016 6:40:00 PM EAT

Joseph Spak wrote ( about Tesla Motors ) : “In the interim, the Tesla story is about manufacturing, and execution risk is elevated,” “For the investor with long-term horizons, the ramp is less of a concern. For others, expect a choppy ride with sentiment a large driving factor”

investors Wednesday, May 25, 2016 6:40:00 PM EAT

Joseph Spak wrote : “For now we put another $1 billion equity raise in 2017,”

investors Wednesday, May 25, 2016 6:40:00 PM EAT

Joseph Spak wrote : “We took a fresh look at the growth opportunity, what we got wrong about TSLA’s positioning and the valuation and conclude that the stock price itself is likely to be somewhat self-fulfilling to TSLA’s growth and strategy,”

thezimbabwemail Friday, January 8, 2021 4:53:00 AM EAT

Joseph Spak wrote : "We took a fresh look at the growth opportunity, what we got wrong about TSLA's positioning and the valuation and conclude that the stock price itself is likely to be somewhat self-fulfilling to TSLA's growth and strategy,"

abs-cbnnews Friday, January 8, 2021 4:40:00 AM EAT

Joseph Spak wrote : "We took a fresh look at the growth opportunity, what we got wrong about TSLA's positioning and the valuation and conclude that the stock price itself is likely to be somewhat self-fulfilling to TSLA's growth and strategy,"

channelnewsasia Friday, January 8, 2021 3:57:00 AM EAT

Joseph Spak wrote : “We took a fresh look at the growth opportunity, what we got wrong about TSLA's positioning and the valuation and conclude that the stock price itself is likely to be somewhat self-fulfilling to TSLA's growth and strategy,”

themalaymailonline Friday, January 8, 2021 3:45:00 AM EAT

Joseph Spak wrote : "We took a fresh look at the growth opportunity, what we got wrong about TSLA's positioning and the valuation and conclude that the stock price itself is likely to be somewhat self-fulfilling to TSLA's growth and strategy,"

4-traders Friday, January 8, 2021 1:07:00 AM EAT

Joseph Spak wrote : "We took a fresh look at the growth opportunity, what we got wrong about TSLA's positioning and the valuation and conclude that the stock price itself is likely to be somewhat self-fulfilling to TSLA's growth and strategy,"

4-traders Thursday, January 7, 2021 9:51:00 PM EAT

Joseph Spak wrote : "We took a fresh look at the growth opportunity, what we got wrong about TSLA's positioning and the valuation and conclude that the stock price itself is likely to be somewhat self-fulfilling to TSLA's growth and strategy,"

wsau Thursday, January 7, 2021 9:49:00 PM EAT

Joseph Spak said : “Our biggest miss was how TSLA can take advantage of its stock price to raise capital inexpensively and fund capacity outlays and growth,” “To wit, TSLA raised $10-billion in ATM share offerings towards the end of 2020 ($5-billion each). The second offering was less-than 1-per-cane dilutive. This shows how easily TSLA can fund future growth whereas traditional OEMs need to generate significant cash from existing operations to fund their transition to electrification. Moreover, we’d argue that TSLA can use its stock price to fund acquisitions. Even a relatively large deal would be insignificant to TSLA’s market cap (e.g., a $25-billion acquisition would be less-than 4-per-cent share count dilutive). To sum it up, the higher stock price is somewhat self-fulfilling to TSLA’s growth potential. TSLA’s current valuation is just too large to ignore in this construct”

theglobeandmail Thursday, January 7, 2021 3:59:00 PM EAT

Joseph Spak told : “It’s not an unattainable goal, in our view, and is most likely dependent on the [Shanghai factory] rate continuing to increase and maybe some more efficiency out of [the Fremont, California, factory],”

ibtimes Saturday, October 10, 2020 6:03:00 PM EAT

Joseph Spak explained : “NKLA relying on partners for the commercial trucks, hydrogen, Badger, etc., which had always been part of their plan. The comparison to a more vertically-integrated TSLA was never apt (aside from both doing alt. propulsion, biz models quite different) and many were too focused on Badger (much smaller opp). And to be fair, many OEMs (especially in CVs) also rely on other partners for key components,”

news-yahoo Wednesday, September 23, 2020 3:59:00 AM EAT

Joseph Spak said ( about Elon Musk ) : “Tesla as a company has undeniably changed the auto industry in terms of pushing vehicles towards electrification, vehicle architecture/compute and the importance of software in vehicles,” “Tesla has also established a compelling and desired brand, enhanced by the halo of Elon Musk as its leader. This point should not be taken lightly by traditional automakers. The consumer perception of Tesla being a superior vehicle could lead to share gains and higher margins (via premium pricing) even if traditional OEMs are (eventually) able to offer a functionally similar vehicle to what a Model 3/Y is today. This could lead to continued reinvestment that keeps Tesla steps ahead of the competition. Of course the flip side is that with many more Teslas in operation, the company’s quality and service, which we believe to be below average, must improve else risking the brand – especially with more competition coming”

theglobeandmail Tuesday, September 22, 2020 5:45:00 PM EAT

Joseph Spak wrote : "GM is showing they can be a supplier of key technologies,"

4-traders Wednesday, September 9, 2020 9:58:00 AM EAT

Joseph Spak wrote : "GM is showing they can be a supplier of key technologies,"

4-traders Tuesday, September 8, 2020 8:46:00 PM EAT

Joseph Spak said ( about Elon Musk ) : “Tesla as a company has undeniably changed the auto industry in terms of pushing vehicles towards electrification, vehicle architecture/compute and the importance of software in vehicles,” “Tesla has also established a compelling and desired brand, enhanced by the halo of Elon Musk as its leader. This point should not be taken lightly by traditional automakers. The consumer perception of Tesla being a superior vehicle could lead to share gains and higher margins (via premium pricing) even if traditional OEMs are (eventually) able to offer a functionally similar vehicle to what a Model 3/Y is today. This could lead to continued reinvestment that keeps Tesla steps ahead of the competition. Of course the flip side is that with many more Teslas in operation, the company’s quality and service, which we believe to be below average, must improve else risking the brand – especially with more competition coming”

theglobeandmail Tuesday, September 1, 2020 5:17:00 PM EAT

Joseph Spak said ( about Elon Musk ) : “Tesla as a company has undeniably changed the auto industry in terms of pushing vehicles towards electrification, vehicle architecture/compute and the importance of software in vehicles,” “Tesla has also established a compelling and desired brand, enhanced by the halo of Elon Musk as its leader. This point should not be taken lightly by traditional automakers. The consumer perception of Tesla being a superior vehicle could lead to share gains and higher margins (via premium pricing) even if traditional OEMs are (eventually) able to offer a functionally similar vehicle to what a Model 3/Y is today. This could lead to continued reinvestment that keeps Tesla steps ahead of the competition. Of course the flip side is that with many more Teslas in operation, the company’s quality and service, which we believe to be below average, must improve else risking the brand – especially with more competition coming”

theglobeandmail Tuesday, September 1, 2020 3:42:00 PM EAT

Joseph Spak concluded : “Bullishness is very high; we can’t recommend adding believing that current price more than discounts positive arguments”

news-yahoo Sunday, July 12, 2020 4:43:00 PM EAT

Joseph Spak wrote : "We would expect other auto companies to also draw on facilities and potentially suspend dividends,"

4-traders Friday, March 20, 2020 10:31:00 AM EAT

Joseph Spak wrote : "We would expect other auto companies to also draw on facilities and potentially suspend dividends,"

4-traders Thursday, March 19, 2020 9:07:00 PM EAT

Joseph Spak said : “have fundamentally different profitability and cash flow profiles making Tesla’s likelihood of achieving that mark more difficult.,”

mondaq Wednesday, February 19, 2020 8:34:00 AM EAT

Joseph Spak said : “have fundamentally different profitability and cash flow profiles making Tesla’s likelihood of achieving that mark more difficult.,”

messenger-inquirer Sunday, February 9, 2020 9:33:00 AM EAT

Joseph Spak said : “have fundamentally different profitability and cash flow profiles making Tesla’s likelihood of achieving that mark more difficult.,”

news-yahoo Friday, February 7, 2020 9:24:00 PM EAT

Joseph Spak said : “In our view, end of February is critical,”

theglobeandmail Thursday, February 6, 2020 3:10:00 AM EAT

Joseph Spak said : “If it lasts longer, then auto will certainly be impacted, but that also means there are probably greater global growth/macro issues as well,”

theglobeandmail Thursday, February 6, 2020 3:10:00 AM EAT

Joseph Spak said : "With its unabashed looks, we believe the truck will initially appeal to the influencer crowd (celebrities and pop culture) and the `look at me' crowd,"

4-traders Saturday, November 23, 2019 2:03:00 AM EAT

Joseph Spak wrote : “We’d like to have more confidence in the improvement but details are limited,”

marketwatch Friday, October 25, 2019 12:04:00 PM EAT

Joseph Spak said : “Cost control can help a quarter, but we struggle to understand how spending doesn’t have to go up to support Tesla’s growth ambitions,”

marketwatch Friday, October 25, 2019 12:04:00 PM EAT

Joseph Spak wrote : “It is a fairly solid outcome for GM,” “The financial implications of the deal don’t look too onerous”

bostonglobe Monday, October 21, 2019 5:04:00 AM EAT

Joseph Spak wrote : “We are getting to the point where it will be difficult to recover the lost production this year,”

business-standard Saturday, October 5, 2019 9:14:00 PM EAT

Joseph Spak says : “it does appear that further efficiency gains are still possible”

news-yahoo Thursday, September 12, 2019 11:08:00 PM EAT

Joseph Spak said : “is the most significant senior management departure to date at Tesla,”

marketwatch Friday, July 26, 2019 2:20:00 PM EAT

Joseph Spak wrote : “sacrificing profitability to focus on unit growth,”

iol Monday, June 24, 2019 3:06:00 AM EAT

Joseph Spak wrote : “sacrificing profitability to focus on unit growth,”

news-yahoo Thursday, June 20, 2019 4:16:00 PM EAT

Joseph Spak wrote : “sacrificing profitability to focus on unit growth,”

news-yahoo Thursday, June 20, 2019 4:16:00 PM EAT

Joseph Spak said : “A very strong 1Q19, clearly exceeding all expectations. F-series strength helped boost North America, while initiatives are starting to shine through in Europe and China. 1Q19 might be the best quarter of the year, but with redesign still in earlier stages, hard not to be more encouraged by potential”

theglobeandmail Friday, April 26, 2019 11:55:00 PM EAT

Joseph Spak said : “A very strong 1Q19, clearly exceeding all expectations. F-series strength helped boost North America, while initiatives are starting to shine through in Europe and China. 1Q19 might be the best quarter of the year, but with redesign still in earlier stages, hard not to be more encouraged by potential”

theglobeandmail Friday, April 26, 2019 5:09:00 PM EAT

Joseph Spak said : "To us, this signals that the tax subsidy cut in the US was a significant hit to these premium vehicles and/or Model 3 is having a bigger cannibalisation impact,"

longbeachstar Friday, April 5, 2019 5:13:00 AM EAT

Joseph Spak said : "To us, this signals that the tax subsidy cut in the US was a significant hit to these premium vehicles and/or Model 3 is having a bigger cannibalisation impact,"

Stuff Friday, April 5, 2019 4:40:00 AM EAT

Joseph Spak said : "To us, this signals that the tax subsidy cut in the US was a significant hit to these premium vehicles and/or Model 3 is having a bigger cannibalisation impact,"

nzherald Friday, April 5, 2019 1:05:00 AM EAT

Joseph Spak said : "To us, this signals that the tax subsidy cut in the US was a significant hit to these premium vehicles and/or Model 3 is having a bigger cannibalisation impact,"

irishsun Friday, April 5, 2019 12:43:00 AM EAT

Joseph Spak said : "To us, this signals that the tax subsidy cut in the US was a significant hit to these premium vehicles and/or Model 3 is having a bigger cannibalisation impact,"

polandsun Friday, April 5, 2019 12:29:00 AM EAT

Joseph Spak said : “To us, this signals that the tax subsidy cut in the U.S. was a significant hit to these premium vehicles and/or Model 3 is having a bigger cannibalization impact,”

news-yahoo Thursday, April 4, 2019 5:19:00 PM EAT

Joseph Spak said : “To us, this signals that the tax subsidy cut in the U.S. was a significant hit to these premium vehicles and/or Model 3 is having a bigger cannibalization impact,”

news-yahoo Thursday, April 4, 2019 4:21:00 PM EAT

Joseph Spak said : “It’s not that we don’t believe Tesla can grow over time, our model shows solid LT growth. But the current valuation already considers overly lofty expectations”

news-yahoo Tuesday, February 12, 2019 9:25:00 PM EAT

Joseph Spak said : "It's not that we don't believe Tesla can grow over time,"

beaumontenterprise Friday, January 25, 2019 1:11:00 AM EAT

Joseph Spak wrote : "A stock should of course discount future cash flows and the market took the promises of Tesla and their future growth potential to justify lofty valuations while Tesla took capital needed to support their endeavors,"

marketwatch Thursday, January 24, 2019 12:59:00 PM EAT

Joseph Spak said : “While Tesla has had challenges meeting deadlines, it does eventually get there,”

TheFrontierPost-en Saturday, November 18, 2017 8:18:00 PM EAT

Joseph Spak said : "While Tesla has had challenges meeting deadlines, it does eventually get there,"

digitaljournal Friday, November 17, 2017 9:57:00 PM EAT

Joseph Spak wrote : "The key will be the services and monetization off of that connectivity,"

investors Thursday, October 5, 2017 11:09:00 PM EAT

Joseph Spak wrote : "While we gained confidence that the Gigafactory time line is on schedule, little else came from the event,"

investors Thursday, January 5, 2017 9:30:00 PM EAT

Joseph Spak said : “Question is can they hold on into and convert in the meaningful riding season,”

nypost Wednesday, October 19, 2016 1:42:00 AM EAT

Joseph Spak said : "Question is can they hold on into and convert in the meaningful riding season,"

cnbc Wednesday, October 19, 2016 1:18:00 AM EAT

Joseph Spak said : "Question is can they hold on into and convert in the meaningful riding season,"

4-traders Tuesday, October 18, 2016 11:04:00 PM EAT

Joseph Spak said : “Question is can they hold on into and convert in the meaningful riding season,”

in-cyprus Tuesday, October 18, 2016 9:45:00 PM EAT

Joseph Spak said : "Question is can they hold on into and convert in the meaningful riding season,"

channelnewsasia Tuesday, October 18, 2016 8:29:00 PM EAT

Joseph Spak said : "Question is can they hold on into and convert in the meaningful riding season,"

cnbc Tuesday, October 18, 2016 8:16:00 PM EAT

Joseph Spak said : "Question is can they hold on into and convert in the meaningful riding season,"

foxbusiness Tuesday, October 18, 2016 5:36:00 PM EAT

Joseph Spak écrit : "Même si nous ne doutons pas que certains clients seront intéressés par des véhicules électriques et des produits de stockage tout comme par du solaire, nous ne souscrivons pas pour autant à l'idée que cela représente une opportunité significative en terme de ventes croisées, particulièrement en ce moment"

capital-FR Wednesday, June 22, 2016 7:05:00 PM EAT

Joseph Spak said : "We suspect the market will be more skeptical of the strategic rational and the financial/cash flow strain this could add to the TSLA story. By owning the asset, we believe TSLA may be trying the investing partner approach they have taken with shareholders and asking them to stick with them for something they potentially didn't sign-up for,"

cnbc Wednesday, June 22, 2016 3:43:00 PM EAT

Joseph Spak wrote : “We believe this gives Mobileye a meaningful seat at the autonomous table and one that is being underappreciated by the market and making the stock our favorite play on autonomous driving,”

investors Thursday, June 16, 2016 8:44:00 PM EAT

Joseph Spak said : “Bears may gravitate to the view that higher-end luxury demand is waning,”

denverpost Thursday, June 9, 2016 8:17:00 PM EAT

Joseph Spak wrote : “GM is also working with Mobileye on their REM localization product. Once fully deployed, this will allow GM to collect 100 million miles of data per day in the U.S. alone,”

investors Tuesday, May 31, 2016 8:41:00 PM EAT

Joseph Spak wrote ( about Tesla Motors ) : “We are all for setting aggressive internal and supplier goals, but as an investor, we believe these targets should be moderated,” “We were always below Tesla’s vehicle delivery targets of 500,000 by 2018 and 1 million by 2020, but after speaking with industry contacts and reconsidering our model, we are tempering our delivery forecast to account for a slower Model 3 ramp,”

investors Wednesday, May 25, 2016 11:53:00 PM EAT

Joseph Spak wrote ( about Tesla Motors ) : “In the interim, the Tesla story is about manufacturing, and execution risk is elevated,” “For the investor with long-term horizons, the ramp is less of a concern. For others, expect a choppy ride with sentiment a large driving factor”

investors Wednesday, May 25, 2016 11:53:00 PM EAT

Joseph Spak wrote : “For now we put another $1 billion equity raise in 2017,”

investors Wednesday, May 25, 2016 11:53:00 PM EAT

Joseph Spak wrote ( about Tesla Motors ) : “We are all for setting aggressive internal and supplier goals, but as an investor, we believe these targets should be moderated,” “We were always below Tesla’s vehicle delivery targets of 500,000 by 2018 and 1 million by 2020, but after speaking with industry contacts and reconsidering our model, we are tempering our delivery forecast to account for a slower Model 3 ramp,”

investors Wednesday, May 25, 2016 6:40:00 PM EAT

Joseph Spak wrote ( about Tesla Motors ) : “In the interim, the Tesla story is about manufacturing, and execution risk is elevated,” “For the investor with long-term horizons, the ramp is less of a concern. For others, expect a choppy ride with sentiment a large driving factor”

investors Wednesday, May 25, 2016 6:40:00 PM EAT

Joseph Spak wrote : “For now we put another $1 billion equity raise in 2017,”

investors Wednesday, May 25, 2016 6:40:00 PM EAT