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Started By
Message
Tesla is going over the cliff. All the key employees are bailing and the sales
Posted on 2/22/19 at 8:05 pm
Posted on 2/22/19 at 8:05 pm
have nose dived and promise to bottom out this summer. First off the government subsidies that made them were halved in Jan and sales went to hell in a hand basket with the other half of the subsidy expiring this summer.
The quality of the product has been held up to some ridicule. And worse people with problems can't get them fixed due to a shortage of parts and funding at the company to repair under warranty. Plus no dealer body available in many cases to do the work.
Add to that they have bonds coming due and questionable ability to meet their obligations. And some suppliers have cut business with the company due to problems getting paid. How Elon Musk has stayed out of jail after his taking the Co private with funding arranged announcement is a miracle. What will survive is likely the battery plants for someone and maybe even the auto making idea or company if some one like the Saudi's buys it out of BK or whatever. No more government sugar tit so it probably deserves to die. For sure Musk deserves a harsh landing.
The quality of the product has been held up to some ridicule. And worse people with problems can't get them fixed due to a shortage of parts and funding at the company to repair under warranty. Plus no dealer body available in many cases to do the work.
Add to that they have bonds coming due and questionable ability to meet their obligations. And some suppliers have cut business with the company due to problems getting paid. How Elon Musk has stayed out of jail after his taking the Co private with funding arranged announcement is a miracle. What will survive is likely the battery plants for someone and maybe even the auto making idea or company if some one like the Saudi's buys it out of BK or whatever. No more government sugar tit so it probably deserves to die. For sure Musk deserves a harsh landing.
Posted on 2/22/19 at 8:08 pm to jimdog
Tesla is the modern day version of the Edsel. A lemon.
Posted on 2/22/19 at 8:10 pm to jimdog
It is a shame.
Tesla S is a sexy looking car and I would love to own one.
It was a great idea, but the business model was not sound. A little too much Cali and not enough Detroit.
Tesla S is a sexy looking car and I would love to own one.
It was a great idea, but the business model was not sound. A little too much Cali and not enough Detroit.
Posted on 2/22/19 at 8:12 pm to jimdog
quote:
jimdog
Jim? That you?
Posted on 2/22/19 at 8:14 pm to jimdog
Great car and great design but at the end of the day don’t count on the US government. Elon is a genius, no question but when you get in bed with the big dogs you have to be ready to fight, maybe he will.
Posted on 2/22/19 at 8:15 pm to jimdog
Tesla will never die!
In Musk We Trust!
In Musk We Trust!
Posted on 2/22/19 at 8:25 pm to jimdog
Porsche is gonna put them out of business if they don't get the sub 40 model out in the next couple years
Posted on 2/22/19 at 8:28 pm to Hu_Flung_Pu
You're the kind of guy who believes wrestling is real and the moon landing was fake.
Posted on 2/22/19 at 8:29 pm to jimdog
quote:
jimdog
quote:Executive turnover is par for the course at Tesla. This is not news.
All the key employees are bailing
quote:It's an expected January downtick, not a "nosedive". And they are ramping up overseas sales.
sales have nose dived and promise to bottom out this summer.
quote:Every car manufacturer could take advantage of the same exact programs. Don't act like Tesla got special treatment.
No more government sugar tit so it probably deserves to die.
Posted on 2/22/19 at 8:30 pm to jimdog
I dunno man
Teslas are taking over Lexus RX as most common car Uptown Nola. Maybe your neighbors just don’t purchase them.
Teslas are taking over Lexus RX as most common car Uptown Nola. Maybe your neighbors just don’t purchase them.
Posted on 2/22/19 at 8:32 pm to JohnnyKilroy
Porsche is McDonalds and Tesla is Burger King. It doesn’t matter who is best. It matters who is first. Porsche has decades and decades of a head start.
Posted on 2/22/19 at 8:33 pm to jimdog
Elon Musk has never been anything but an overhyped huckster hack and some of you stupid cucks eat his YAY CAPITALISM AND PRIVATIZATION bullshite up because of course you do.
Posted on 2/22/19 at 8:33 pm to AlonsoWDC
Yea but he hosted meme review so....
Posted on 2/22/19 at 8:36 pm to JohnnyKilroy
You got it. Plus the entire Tesla thing was a cousin to an elaborate ponzi. Musk is a promoter who has bilked investors and ran the stock up to outrageous highs but the day to produce has come. Government subsidies and high gas prices allowed Musk to sell the dream. Now Porsche and a couple other established big companies are bring better and more over, quality products on stream that fit the same market. And they can actually produce those, you can get service on them and from them. And your investment is solid.
Posted on 2/22/19 at 8:41 pm to AlonsoWDC
This has nothing to do with capitalism or privatization. Musk is a promoter all right but he took advantage of big government subsidies to sell his vehicles. Now that big government subsidy has played out boom! This is a failure of big government subsidy based BS.
Posted on 2/22/19 at 8:41 pm to jimdog
All y'all haters in here because you don't own one.
Posted on 2/22/19 at 8:53 pm to jimdog
I love mine and I see more on the road every day in Houston. Not sure what inside information you have but with international and domestic sales they are easily selling 5k a week and that’s a sedan. They’re going to unveil the model Y within the next month or 2 and when that hits the market it’ll outsell the model 3 since Americans overwhelmingly prefer an SUV to sedans. Once the Y is in production the 3 will continue to do moderately well domestically while selling extremely well internationally where they prefer smaller sedans.
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