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Message
re: Tesla is going over the cliff. All the key employees are bailing and the sales
Posted on 2/23/19 at 1:33 am to jimdog
Posted on 2/23/19 at 1:33 am to jimdog
As long as this works, Musk is just fine.
Hell, if Tesla folds and SpaceX can buy it for it technology, he's sad on one hand and happy on the other.
Yeah, he promised fun electric cars, but he delivered on rockets launched into space that that can bring the cost of a launch down by being able to reuse boosters because they're relatively simple to refurbish and they land with pinpoint fricking accuracy after they come back FROM frickING SPACE.
Hell, if Tesla folds and SpaceX can buy it for it technology, he's sad on one hand and happy on the other.
Yeah, he promised fun electric cars, but he delivered on rockets launched into space that that can bring the cost of a launch down by being able to reuse boosters because they're relatively simple to refurbish and they land with pinpoint fricking accuracy after they come back FROM frickING SPACE.
This post was edited on 2/23/19 at 1:38 am
Posted on 2/23/19 at 1:36 am to FredsGotSlacks
quote:
Not sure what inside information you have but with international and domestic sales they are easily selling 5k a week
Dont know about him but my information says selling 5 thousand cars a week you lose money on makes it difficult to pay 10 billion in debt.
Can you flesh out how this works out in your mind?
Posted on 2/23/19 at 1:40 am to jimdog
quote:
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.
Just so I’m clear you think the sales are slow now,not because of season, but because of a $7,500 tax credit going down to $3,750? You think people buying $60,000-$125,000 cars aren’t going to buy one over $3,750 or even $7,500? I love my 3 and would’ve bought it without the credit. I haven’t stopped for gas in 6 months, charge it at work or at home with my solar panels, and it’s the funnest car I’ve ever driven and I’ve always had fast cars.
I don’t get the hate some on this site have for Tesla, unless it’s the whole O&G thing?
This post was edited on 2/23/19 at 1:43 am
Posted on 2/23/19 at 1:41 am to cave canem
quote:
Can you flesh out how this works out in your mind?
Yes. SpaceX merges with Tesla to allow what before was difficult cross-company knowledge sharing. Both companies benefit from the brainwork the other did. But, they'd be one company and would be eliminating the legal barriers to them sharing information.
This post was edited on 2/23/19 at 1:44 am
Posted on 2/23/19 at 1:48 am to jimdog
The general counsel quit after two months. That’s a huge red flag.
Posted on 2/23/19 at 2:06 am to TigerstuckinMS
quote:
Yes. SpaceX merges with Tesla to allow what before was difficult cross-company knowledge sharing. Both companies benefit from the brainwork the other did. But, they'd be one company and would be eliminating the legal barriers to them sharing information.
Space X is also up to its eyeballs in debt and bleeding cash every day it exist and is in no way is able to take on an additional 10 billion.
It is in worse financial shape than Tesla, Musk 54% of ownership is based on borrowed money against... wait for it....Tesla stock.
The whole thing is a house of cards but no one cared because he was "green".
Musk is just hoping to "pump the chumps" one last time on his way out the door.
Not to worry though he will reappear promoting Starlink next and the fanboys will eat it up all over again.
Posted on 2/23/19 at 2:11 am to ellishughtiger
You would be correct about the lack of Tesla's on my street. Popular transportation among the males are King Ranch and GMC Denali pickups for everyday. Two own Cessna Citations for business and out of town personal. Couple of new money guys from India, one drives a Porsche and the other some kind of BMW. And among the wives it's all about the SUV of course from Lexus to Suburban. Among the kids Jeeps are popular with the girls of high school age then they switch to smaller Benz or Acura SUV when they leave for college. The boys tend to copy dad and drive used Ford, Chevy, Toyota and Ram pickups.
Course we are kinda "traditional" out here on the edge of town among these lakes and on the banks of the river. Most of the kids go to boring private schools, all of the young moms stay at home and play tennis with the older ones at the Club. Men golf or fish and hunt some. Huge football fans on both sides of the street with a sprinkling of Tech fans along with a Vandy guy and the rest scattered among Bama, UGA and AU. Boring I guess if you are used to living next door to drug dealers and other "interesting" folks but we like it even though some would say we suffer from a lack of diversity. Although we do have a wonderful black couple, both attorneys and their son and the two Indian small business owners I mentioned. But the male black attorney drives a....you got it, King Ranch. So there you go.
Course we are kinda "traditional" out here on the edge of town among these lakes and on the banks of the river. Most of the kids go to boring private schools, all of the young moms stay at home and play tennis with the older ones at the Club. Men golf or fish and hunt some. Huge football fans on both sides of the street with a sprinkling of Tech fans along with a Vandy guy and the rest scattered among Bama, UGA and AU. Boring I guess if you are used to living next door to drug dealers and other "interesting" folks but we like it even though some would say we suffer from a lack of diversity. Although we do have a wonderful black couple, both attorneys and their son and the two Indian small business owners I mentioned. But the male black attorney drives a....you got it, King Ranch. So there you go.
Posted on 2/23/19 at 2:30 am to Sho Nuff
Congratulations. And you may be on to something. The things may become collectors icon at some point.
This post was edited on 2/23/19 at 2:48 am
Posted on 2/23/19 at 2:40 am to jimdog
Everyone is waiting for a quick death when it comes to TSLA. That isn't going to happen. It will be a slow chess match death.
The backorders are filled and TSLA is starting to discount, yes discount, the car they 'can not make enough of.'
Not to mention Musk may have just violated his terms with the SEC, but I doubt anything comes of that.
New cars are at least a year out from meaningful production.
The backorders are filled and TSLA is starting to discount, yes discount, the car they 'can not make enough of.'
Not to mention Musk may have just violated his terms with the SEC, but I doubt anything comes of that.
New cars are at least a year out from meaningful production.
This post was edited on 2/23/19 at 2:53 am
Posted on 2/23/19 at 3:13 am to fightin tigers
quote:
Not to mention Musk may have just violated his terms with the SEC, but I doubt anything comes of that.
He walked it back pretty quick.
Posted on 2/23/19 at 3:16 am to JudgeHolden
The agreement was that TSLA has to review his public communications. He has publically stated no one does this and his actions seem to prove that.
Posted on 2/23/19 at 4:29 am to jimdog
Wrong.
That’s a baller arse car.
That’s a baller arse car.
Posted on 2/23/19 at 4:33 am to bigberg2000
I like Tesla's, think they are cool. Electric does seem to be the future, and I didn't always believe that.
Also think they are cheaply made and overpriced. There are better alternatives and most companies with deep pockets haven't even started trying yet.
Musk paved the way and will be remembered as such.
Also think they are cheaply made and overpriced. There are better alternatives and most companies with deep pockets haven't even started trying yet.
Musk paved the way and will be remembered as such.
Posted on 2/23/19 at 4:45 am to Balloon Huffer
quote:
Smoked a blue lambo at barringer and Airline not long ago. If you're reading this blue lambo driver -- You are fricking gorgeous! No wonder you are driving that $300k car.
Toyed with a yellow Lambo by Denham and the 1-12 last week. Crusty looking dude. He got me in the end, but who cares - up to 100mph he was my bitch. I don't go over 100mph normally.
Until you bring facts into your story it is really compelling. At best you are running neck and neck with almost any lambo from the last decade. That's assuming you have a +100k Tesla with ludicrous+ mode and all.
I mean, unless you are talking about beating a Countach or Miura. Which isn't a feat due to age, but it sounds good you beat a lambo.
Posted on 2/23/19 at 6:16 am to fightin tigers
quote:
That's assuming you have a +100k Tesla with ludicrous+ mode and all.
He would need to have a Model S P100D at about $140k to run with elite cars like the 911 Turbo S, 488 and Huracan. The Model 3 Performace with the dual motor and performance package at around 70K is a little faster 0-60 and the 1/4 than an M3 but the M3 is trapping faster. The Tesla really shines in the 30-70 range.
The Teslas are really incredible cars in a lot of aspects, particularly straight line acceleration from 0-70 or so. Even the performance versions lag behind the best small coupes and sedans in handling, however.
What Tesla as a company has done from the ground up is simply amazing, despite all the detractors. Starting from scratch in a segment in its infancy and building cars in volume that siphon sales from the German and Japanese high line cars in significant numbers is truly mind-boggling. While I am not sure they will be able to survive once the major manufacturers come fully online the state of EVs are much farther forward in 2019 than they would have been without Tesla.
Posted on 2/23/19 at 6:57 am to Obtuse1
quote:
What Tesla as a company has done from the ground up is simply amazing, despite all the detractors. Starting from scratch in a segment in its infancy and building cars in volume that siphon sales from the German and Japanese high line cars in significant numbers is truly mind-boggling. While I am not sure they will be able to survive once the major manufacturers come fully online the state of EVs are much farther forward in 2019 than they would have been without Tesla.
Musk is a visionary in many ways, he is just piss poor at execution and his arrogance forces him to make very bad decisions.
Posted on 2/23/19 at 7:07 am to jimdog
Hate on the company and the man who started it all you want, but at the end of the day you have to give credit where it’s due. Tesla made US consumers and auto industry take electric cars seriously and helped push large manufacturers to innovate. Literally every luxury auto manufacturer has released or will be releasing a Tesla competitor within two years and even Cadillac is shifting to focus on electric - that’s all because of Tesla.
Posted on 2/23/19 at 8:22 am to jimdog
quote:
You would be correct about the lack of Tesla's on my street. Popular transportation among the males are King Ranch and GMC Denali pickups for everyday. Two own Cessna Citations for business and out of town personal. Couple of new money guys from India, one drives a Porsche and the other some kind of BMW. And among the wives it's all about the SUV of course from Lexus to Suburban. Among the kids Jeeps are popular with the girls of high school age then they switch to smaller Benz or Acura SUV when they leave for college. The boys tend to copy dad and drive used Ford, Chevy, Toyota and Ram pickups. Course we are kinda "traditional" out here on the edge of town among these lakes and on the banks of the river. Most of the kids go to boring private schools, all of the young moms stay at home and play tennis with the older ones at the Club. Men golf or fish and hunt some. Huge football fans on both sides of the street with a sprinkling of Tech fans along with a Vandy guy and the rest scattered among Bama, UGA and AU. Boring I guess if you are used to living next door to drug dealers and other "interesting" folks but we like it even though some would say we suffer from a lack of diversity. Although we do have a wonderful black couple, both attorneys and their son and the two Indian small business owners I mentioned. But the male black attorney drives a....you got it, King Ranch. So there you go.
Finally we get to the real reason you started this thread.
Do you feel better now?
Posted on 2/23/19 at 8:27 am to jimdog
Elon musk named the company spacex because it rhymes with his favorite thing. (Hint: the first letter is g-a-y)
Posted on 2/23/19 at 8:42 am to toohottie
quote:
All y'all haters in here because you don't own one.
Yeah thats why so much hate. Smfh. I guess the stupid people are the ones that arent buying a product that has a 50/50 chance of being around in 5 yrs. Chances getting worse by every stupid random tweet by the founder that no one can control his foot in mouth disease. We all know the tweets that are supposed to be reviewed, per his SEC agreement, by his handlers??
Tesla is producing on avg 6 cars per employee. Major car mfgrs are in the 15-18 per range. Lots of to still sow, and why taking a chance on them is a tough call unless you dont care about taking a gamble on the resale value of the vehicle in 3-5 yrs.
Musk is definitely the up, and down of himself though. Which is total control if anything.
This post was edited on 2/23/19 at 8:58 am
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