- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Elon Musk Says Tesla Will Be $1 Trillion Dollars Soon
Posted on 7/12/16 at 5:22 pm to dabigfella
Posted on 7/12/16 at 5:22 pm to dabigfella
quote:
Tesla could probably be profitable today if they weren't reinvesting so much into more growth.
I don't think so. Electric cars are network goods, the more people have them, the more benefit/success
If Tesla settled into this small niche market, their profit would be pretty minimal. Would be essentially a hobby market without the growth of the whole infrastructure
Posted on 7/12/16 at 5:30 pm to GenesChin
Can you elaborate more? Again I admit I dont know much but when you take an internal combustion engine vehicle with a gazillion moving parts and then a tesla with many fewer moving parts and then combine the scale this gigafactory is going to give tesla in terms of lowering costs, I dont see how gross margins dont improve drastically.
All Im saying is, Tesla got crushed on the solar city deal a few weeks ago and its right back, someone keeps buying this thing, the gigafactory opens in 2-3 weeks, albeit not 100% done, but it will be operational.
Today I saw a report of 18M cars I think will be sold in the US in 2020, Tesla says it will attempt to sell 1M of those, lets say they bomb and do 500,000. How much revenue is that? Pretty close to todays market cap of 28B. I dont know what comes of tesla, I hope electric cars are way off as Im in the gas business, but these things seem to be ramping up and the gigafactory opening this month could be the foot on the pedal. I dont know man what other car company can sell 400,000 cars pre launch? Toyota,Mercedes,BMW,etc could never. I mean of course rolls royce or ferrari could if they launched a 35k car but still its an amazing feat that speaks alot about teslas brand
Like I said Musk has said he's revealing his master plan part 2 this week, his original master plan 10 years ago was this
Build sports car
Use that money to build an affordable car
Use that money to build an even more affordable car
While doing above, also provide zero emission electric power generation options
Don't tell anyone.
He seems to have nailed that in a decade, and now hes saying Tesla is going to be a $1 trillion dollar company and thats 30x from here so im listening bc he sounded nuts in 2006 and now he came through
All Im saying is, Tesla got crushed on the solar city deal a few weeks ago and its right back, someone keeps buying this thing, the gigafactory opens in 2-3 weeks, albeit not 100% done, but it will be operational.
Today I saw a report of 18M cars I think will be sold in the US in 2020, Tesla says it will attempt to sell 1M of those, lets say they bomb and do 500,000. How much revenue is that? Pretty close to todays market cap of 28B. I dont know what comes of tesla, I hope electric cars are way off as Im in the gas business, but these things seem to be ramping up and the gigafactory opening this month could be the foot on the pedal. I dont know man what other car company can sell 400,000 cars pre launch? Toyota,Mercedes,BMW,etc could never. I mean of course rolls royce or ferrari could if they launched a 35k car but still its an amazing feat that speaks alot about teslas brand
Like I said Musk has said he's revealing his master plan part 2 this week, his original master plan 10 years ago was this
Build sports car
Use that money to build an affordable car
Use that money to build an even more affordable car
While doing above, also provide zero emission electric power generation options
Don't tell anyone.
He seems to have nailed that in a decade, and now hes saying Tesla is going to be a $1 trillion dollar company and thats 30x from here so im listening bc he sounded nuts in 2006 and now he came through
This post was edited on 7/12/16 at 5:34 pm
Popular
Back to top
Follow TigerDroppings for LSU Football News