- 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
Tesla is 'headed for the graveyard,'
Posted on 9/20/18 at 2:55 pm
Posted on 9/20/18 at 2:55 pm
quote:
Tesla CEO Elon Musk is a nice guy who doesn't know how to run a car company, Bob Lutz, former vice chairman of General Motors, told CNBC on Tuesday. "They will never make money on the Model 3 because the cost is way too high. He's got 9,000 people in that assembly plant producing less than 150,000 cars a year. The whole thing just doesn't compute. It's an automobile company that is headed for the graveyard," he said on "Closing Bell." Lutz's comments come after news of a criminal probe into Tesla, as well as a new competitor hitting the market in the form of Audi's new electric car.
LINK
25
Posted on 9/20/18 at 2:56 pm to AA77
Do I take seriously a guy whose company had to be bailed out by taxpayers?
Posted on 9/20/18 at 2:58 pm to AA77
Elon eats pieces of shite like this dude every day for breakfast
Posted on 9/20/18 at 2:58 pm to PrivatePublic
You talking about GM or Tesla?
Posted on 9/20/18 at 3:00 pm to AA77
It is way over valued and has been for a while, but I doubt it goes into the graveyard. The demand for his vehicles is there, they just need a better CEO and COO to figure out manufacturing and supply chain issues.
The vehicles are pretty fricking badass too.
I think the biggest thing that would hurt Tesla is if other car manufacturers figure out that people don't want to drive nerdy Prius looking cars and that most people would be open to switching to electric vehicles eventually if more of them looked like Tesla's.
Higher end companies have figured that out (BMW, Jaguar, etc.).
The vehicles are pretty fricking badass too.
I think the biggest thing that would hurt Tesla is if other car manufacturers figure out that people don't want to drive nerdy Prius looking cars and that most people would be open to switching to electric vehicles eventually if more of them looked like Tesla's.
Higher end companies have figured that out (BMW, Jaguar, etc.).
Posted on 9/20/18 at 3:00 pm to AA77
Government motors CEO telling Elon Musk how to run a car company is like Robert Mugabe telling Jamie Dimon how to run JP Morgan.
Posted on 9/20/18 at 3:02 pm to AA77
SO's brother still hasn't gotten his car I lost track of the number of months they are behind. Every month its oh next month you'll get your car. I would be surprised if gets it at this point. Posted on 9/20/18 at 3:02 pm to TheCaterpillar
quote:
It is way over valued and has been for a while, but I doubt it goes into the graveyard. The demand for his vehicles is there, they just need a better CEO and COO to figure out manufacturing and supply chain issues.
Once Tesla's value comes back down to Earth to attract suitors, I can see Elon selling the company and using the profits to fund his next venture.
I'd love to see Tesla sold to Google. Google has some of the best engineers on the planet and the capital to burn
This post was edited on 9/20/18 at 3:53 pm
Posted on 9/20/18 at 3:05 pm to Mootsman
quote:
Government motors CEO telling Elon Musk how to run a car company is like Robert Mugabe telling Jamie Dimon how to run JP Morgan.
Anyone else read this in Dennis Miller's voice?
Posted on 9/20/18 at 3:06 pm to AA77
quote:Except dude is making rockets for the US Gov and the car company is a front.
Tesla CEO Elon Musk is a nice guy who doesn't know how to run a car company, Bob Lutz, former vice chairman of General Motors, told CNBC on Tuesday. "They will never make money on the Model 3 because the cost is way too high. He's got 9,000 people in that assembly plant producing less than 150,000 cars a year. The whole thing just doesn't compute. It's an automobile company that is headed for the graveyard," he said on "Closing Bell." Lutz's comments come after news of a criminal probe into Tesla, as well as a new competitor hitting the market in the form of Audi's new electric car.
Posted on 9/20/18 at 3:18 pm to Turftoe
quote:
Elon eats pieces of shite like this dude every day for breakfast
Elon eats shite for breakfast? Gross!
Posted on 9/20/18 at 3:18 pm to ninthward
Elo ln jumped the gun with full automation. He is aware that he screawed this part up but there are too many believers and backers in the game who will not let tesla fall.
Posted on 9/20/18 at 3:19 pm to AA77
quote:
AA77
AA as in American?
This post was edited on 9/20/18 at 3:21 pm
Posted on 9/20/18 at 3:19 pm to AA77
If you look at their financial reports and know what you are looking at, you’d realize that they certainy are fricked. Been lookin fricked for the past year.
Edit: Im surprised their they still as many investors as they do. Some have been backing out obviously, but they basically have no forecasted revenue to pay their investors. Yet they are still being invested on at a heavy rate cause “Elon is the futuristic God.”
Tbh, he’s just a futuristic automobile CEO of a product that isn’t ready to be mass produced. He’s a weee bit too early in his delivery.
Edit: Im surprised their they still as many investors as they do. Some have been backing out obviously, but they basically have no forecasted revenue to pay their investors. Yet they are still being invested on at a heavy rate cause “Elon is the futuristic God.”
Tbh, he’s just a futuristic automobile CEO of a product that isn’t ready to be mass produced. He’s a weee bit too early in his delivery.
This post was edited on 9/21/18 at 1:57 am
Posted on 9/20/18 at 3:22 pm to ninthward
quote:
Except dude is making rockets for the US Gov and the car company is a front.
Don't forget tunnels and flamethrowers just for the hell of it. The Boring Company Flamethrower and Tunnels and shite
Posted on 9/20/18 at 3:24 pm to Boudreaux35
quote:
Elon eats shite for breakfast?
Posted on 9/20/18 at 3:25 pm to PrivatePublic
quote:
Do I take seriously a guy whose company had to be bailed out by taxpayers?
If you can make a shite ton of money until you can't, but know someone will pay for the debt for you to profit, wouldnt you do the same?
Posted on 9/20/18 at 3:29 pm to AA77
This is a wet dream for the OT.
Posted on 9/20/18 at 3:33 pm to mailman
Full automation doesn't require 9000 workers.
That plant had a capacity of 300,000 plus unit's per year with half the workforce prior to Tesla buying it.
A point Lutz was making.
That plant had a capacity of 300,000 plus unit's per year with half the workforce prior to Tesla buying it.
A point Lutz was making.
Posted on 9/20/18 at 3:39 pm to AA77
quote:
General Motors
Was he there before or after they took government bailout money because they ran their company into the ground
Page 1 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News