- 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: Tesla burns through $480,000 every hour but has a higher market cap than Ford
Posted on 12/1/17 at 10:26 am to LSURussian
Posted on 12/1/17 at 10:26 am to LSURussian
quote:
"Who cares because of technology and shite." - Musk fanboys
0
Posted on 12/1/17 at 10:27 am to Sterling Archer
quote:
I bet 70%+ of that is from salaries. Might be time to trim the fat!
Except in the tech industry, he is notorious for underpaying and overworking his engineers in both Tesla and SpaceX. Specifically, he pressures them to work crazy hours, with tight deadlines on very difficult projects. All while giving them terrible benefits, and salaries that are well below industry standard.
A LOT of engineers work there as a passion project, because they believe in green energy/space exploration, and see him as the best way to create the future they want to see.
Posted on 12/1/17 at 10:31 am to shel311
quote:
Well yea, so does that mean Lamborghin and Ferrari should scrap their current business model and start selling $20k cars?
Are they losing $8k per minute?
Posted on 12/1/17 at 3:57 pm to VaBamaMan
quote:
Except in the tech industry, he is notorious for underpaying and overworking his engineers in both Tesla and SpaceX.
Is that why EVERY Tesla product missed their release deadline by at least 18 months?
Posted on 12/1/17 at 4:15 pm to Chucktown_Badger
Prudent business decisions aren’t required when the govt is funding you.
Posted on 12/1/17 at 4:32 pm to member12
quote:
You can buy a $30,000 Chevrolet with a 250 mile range....right now. Next year you'll be able to do the same with a Nissan Leaf. The year after there will be 3 more competitors from Toyota, Honda, and Mazda.
It's not 2011 anymore
The difference is the tesla supercharger network. That makes a tesla a viable option for cross country travel that no other automaker can compete with in the electric vehicle market, for the near future
Posted on 12/1/17 at 4:36 pm to Rand AlThor
quote:
Tesla is one of the only exceptions I can agree with when it comes to the Government giving companies big subsidies. I think that this technology is necessary to advance humanity
I don't think Tesla is leading the marketplace with respect to electric car technologies (anymore) even though they're government backed.
Give Toyota a few years and watch the numbers (range and charge time) their solid state batteries will throw out.
This post was edited on 12/1/17 at 4:37 pm
Posted on 12/1/17 at 5:14 pm to LNCHBOX
quote:You didn't disagree with what I said.
Is it possible for you to hear any criticism of Tesla without going full retard?
I've also acknowledged and agreed with Tesla criticisms before, you just chose to ignore those posts.
This post was edited on 12/1/17 at 5:19 pm
Posted on 12/1/17 at 5:15 pm to Ace Midnight
quote:Probably not but that's not relevant to my post and what I quoted.
Are they losing $8k per minute?
Posted on 12/1/17 at 5:17 pm to dewster
Elon Musk's SpaceX is the primary assistant to North Korea's nuke program as well, but people want to slobber on Elon's nuts all day for some reason.
Posted on 12/1/17 at 5:19 pm to starsandstripes
quote:Wait, what?
Elon Musk's SpaceX is the primary assistant to North Korea's nuke program as well,
Posted on 12/1/17 at 5:47 pm to dewster
a car that runs on money?
seems like that wouldn't be attractive
seems like that wouldn't be attractive
Posted on 12/1/17 at 5:55 pm to shel311
quote:
Wait, what?
He said Elon Musk's SpaceX is the primary assistant to North Korea's nuke program as well.
Posted on 12/1/17 at 7:02 pm to Willie Stroker
Today, I saw that an analyst at JP Morgan predicted that Tesla shares will drop 40% in the next 12 months. Advises shorting it.
Opinions and a holes, I guess,
Opinions and a holes, I guess,
Posted on 12/1/17 at 7:03 pm to Willie Stroker
quote:And then I said, "wait what?"
He said Elon Musk's SpaceX is the primary assistant to North Korea's nuke program as well.
Posted on 12/1/17 at 7:05 pm to TigerCoon
quote:Wouldn't be surprising
Today, I saw that an analyst at JP Morgan predicted that Tesla shares will drop 40% in the next 12 months. Advises shorting it.
Opinions and a holes, I guess,
Posted on 12/1/17 at 7:07 pm to shel311
quote:
Probably not but that's not relevant to my post and what I quoted.
How so? Instead of getting the 3 to market, Musk is diverting energy and resources to a very low volume roadster (prestige product, will never make any significant money) and a commercial truck that is YEARS away from the market.
If he'd diverted all those resources to getting the lines fixed for 3s, he'd had a high volume car in the market and it would be making money in 2018 and 2019.
So, my point was, we wouldn't ask small, boutique, profitable low volume sports cars to change their business model if that's who they were, what they did and they're not losing $8k per minute.
Musk's investors and creditors - on the other hand - might be justified in saying, "Make some money - stop grandstanding and burning through money like an heiress."
Posted on 12/1/17 at 7:07 pm to TigerCoon
quote:
Today, I saw that an analyst at JP Morgan predicted that Tesla shares will drop 40% in the next 12 months. Advises shorting it.
40% os steep, but theres no way they can keep this going forever without producing anything. The tricky part is going to be when people finally give up on Musk because that's the only thing driving the stock price.
Posted on 12/1/17 at 7:09 pm to pongze
quote:
The difference is the tesla supercharger network. That makes a tesla a viable option for cross country travel that no other automaker can compete with in the electric vehicle market, for the near future
yeah they have a charger behind acme oyster house
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News