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re: Tesla is 'headed for the graveyard,'

Posted on 9/21/18 at 2:58 pm to
Posted by Fourteen28
Member since Aug 2018
1156 posts
Posted on 9/21/18 at 2:58 pm to
I still don't understand your point. Should everyone get subsidies except Elon Musk? Should no one get subsidies?
Posted by Muthsera
Member since Jun 2017
7319 posts
Posted on 9/21/18 at 3:02 pm to
Tesla Motors, much like Bitcoin/crypto, is a religious outlet for futurophiles. "Buy and hold" is tremendously important.

If you give up hope on your Tesla, you're admitting that the utopian future you bought into was a farce, an illusion. Many just can't face that fact, so Tesla just keeps chugging along.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
79784 posts
Posted on 9/21/18 at 3:05 pm to
My personal belief, none should be taking them.

For the point of this thread, Lutz shouldn't be criticized for taking government funds when all car companies do it.

It is a fault in logic to assume the GM failure makes his opinion null and void.
Posted by Morty
Member since Feb 2018
2252 posts
Posted on 9/21/18 at 3:20 pm to
The power of the brand will keep it floating until they can cut costs
Posted by Stiles
Member since Sep 2017
3458 posts
Posted on 9/21/18 at 3:22 pm to
quote:

4.9 billion dollars in government assistance as of 2015?


That's all? Hell, GM took almost 3 times that in one year getting bailed out.
Posted by TigerstuckinMS
Member since Nov 2005
33687 posts
Posted on 9/21/18 at 3:32 pm to
quote:

I'm not a musk homo but this is such a lie. First sale of a Bolt was Jan 2017 and the model 3 started shipping in July 2017.

Why do you lie?

Posted by mdomingue
Lafayette, LA
Member since Nov 2010
48585 posts
Posted on 9/21/18 at 3:45 pm to
quote:

That's all? Hell, GM took almost 3 times that in one year getting bailed out.





Tesla has sold about 200K cars to mostly wealthy folks in it's entire history. So that's around $24,500 per car. Tesla employs around 37,500 employees.

GM got $49.5 billion in the bailout but paid back $39 billion of that. Meaning GM actually got about 9.5 Billion, roughly twice the amount Tesla got. GM sold about 3 million cars just in 2016, across the economic spectrum. That's less than $3200 per car for just 1 year. GM employs around 213,000 employees

Posted by Fourteen28
Member since Aug 2018
1156 posts
Posted on 9/21/18 at 3:56 pm to
quote:

GM got $49.5 billion in the bailout but paid back $39 billion of that. Meaning GM actually got about 9.5 Billion, roughly twice the amount Tesla got. GM sold about 3 million cars just in 2016, across the economic spectrum. That's less than $3200 per car for just 1 year. GM employs around 213,000 employees


Tesla paid back it's loan nine years early and with roughly 27 million in interest.

quote:

Tesla has sold about 200K cars to mostly wealthy folks in it's entire history.


Everyone's gotta start somewhere.
Posted by mdomingue
Lafayette, LA
Member since Nov 2010
48585 posts
Posted on 9/21/18 at 4:30 pm to
quote:

Tesla paid back it's loan nine years early and with roughly 27 million in interest.




That is true, 495 million dollar loan.
Posted by MrSmith65
Member since Apr 2018
959 posts
Posted on 9/21/18 at 5:06 pm to
As did Ford....


Ford' government bailout
This post was edited on 9/21/18 at 5:09 pm
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