Started By
Message

re: Tesla posts massive 702 million dollar loss in first quarter

Posted on 4/25/19 at 12:18 am to
Posted by Dr RC
The Money Pit
Member since Aug 2011
61312 posts
Posted on 4/25/19 at 12:18 am to
quote:

Charging stations must be so inconvenient as well. Waste part your battery getting to and from




It works that way with gas too...
Posted by Louie T
Member since Dec 2006
36601 posts
Posted on 4/25/19 at 12:25 am to
quote:

Most people buying TSLA are doing it for the long haul. Short term losses are nearly meaningless as long as the company is still operating.

Most people buying TSLA realize that it is first and foremost a tech company. It just happens to sell vehicles.

Most people buying TSLA recognize that they are digging deeper and wider moats on multiple fronts. Battery tech and production, a network of rapid charge stations, autonomous vehicle tech, on-premises energy generation and storage.

Most people buying TSLA realize that they are buying future potential rather than present dividends.
Lmao
This post was edited on 4/25/19 at 12:26 am
Posted by Korkstand
Member since Nov 2003
29054 posts
Posted on 4/25/19 at 12:30 am to
What's funny?

How do you explain the valuation in light of the financials? It may prove to be a bad bet, but I don't think I'm far off the mark in explaining why the stock doesn't seem to be affected much by this type of news.
Posted by MusclesofBrussels
Member since Dec 2015
4937 posts
Posted on 4/25/19 at 12:32 am to
quote:

Janky


You seem smart
Posted by chalmetteowl
Chalmette
Member since Jan 2008
53786 posts
Posted on 4/25/19 at 1:31 am to
quote:

Does god miracle your arse to the gas station, or do you burn part of your gas getting there?
not comparable.

Gas stations are literally everywhere. You're not finding a charging station in BFE
Posted by TigerChief10
Member since Dec 2012
10858 posts
Posted on 4/25/19 at 3:24 am to
quote:

Well, that's just stupid. Does god miracle your arse to the gas station, or do you burn part of your gas getting there?


You'll pass a gas station anywhere you go. You won't pass a charging station anywhere you go.
Posted by FootballNostradamus
Member since Nov 2009
20509 posts
Posted on 4/25/19 at 4:20 am to
quote:

We don't know for sure about profitability of SpaceX because it is private at this point. My guess is that they are still "buying work" at this point-- not seeing profits yet-- I could be dead wrong.


Granted we'd never know for certain without public financials, but when analysts look at the traditional costs of launching rockets and then compare that to the SpaceX design with its reusable components it's almost impossible that they're not absolutely printing money.
Posted by EveryoneGetsATrophy
Member since Nov 2017
2907 posts
Posted on 4/25/19 at 7:40 am to
His electric leaf blower will save the company.

Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
466852 posts
Posted on 4/25/19 at 7:45 am to
quote:

How do you explain the valuation in light of the financials?

2 words: tech bubble
Posted by When in Rome
Telegraph Road
Member since Jan 2011
36164 posts
Posted on 4/25/19 at 7:50 am to
quote:

TigerCoon
Good post.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 4/25/19 at 7:51 am to
Tesla will need to raise $2.5B in the third quarter according to Morgan Stanley as per my CNBC app.
Posted by TigerCoon
Member since Nov 2005
22466 posts
Posted on 4/25/19 at 7:59 am to
Wall Street Journal did some reporting on this in 2017 with available information, and concluded they were likely operating at a slight loss then.

They definitely have solid revenue. Risks seem high and R&D costs are killer, and I'm sure "success" can turn on a dime with an "incident" or two.

I want to see SpaceX succeed, like most here. NASA and others seems pretty solidly behind them for now.
This post was edited on 4/25/19 at 8:03 am
Posted by Vestigial Morgan
Member since Apr 2016
3048 posts
Posted on 4/25/19 at 8:34 am to
Im not defending Tesla or Musk...or am I intent on criticizing him. (See Teddy Roosevelts "boxer" speech)

But...who the frick are "aanalysts" how in the hell do they have any reasonable thought into the numbers at Tesla. What if an "analyst" said Tesla is expected to lose 800m last qrtr
..so Tesla "beat" analysts predictions? I get that 700m seems like a big number for a yr much less a qrtr. But...anyone that works for a company of 100 or more works with an "analyst" and...how good are they at numbers within their own company? They have a software program and enough knowledge to sound good

This post was edited on 4/25/19 at 8:37 am
Posted by Chad504boy
4 posts
Member since Feb 2005
176225 posts
Posted on 4/25/19 at 9:19 am to
quote:


Well, that's just stupid. Does god miracle your arse to the gas station, or do you burn part of your gas getting there?



You comparing the convenience of gas stations the same as convenience of charging stations?
Posted by Korkstand
Member since Nov 2003
29054 posts
Posted on 4/25/19 at 9:28 am to
quote:

You comparing the convenience of gas stations the same as convenience of charging stations?
Charging stations are only going to become more common and faster, so that inconvenience is going to get better with time.

Meanwhile, the other 90+% of the time that one's daily driving doesn't exceed one charge range, you just plug the car in when you get home and wake up to a full charge without driving out of your way at all or waiting for the tank to fill. All told EVs are much more convenient for most people.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 4/25/19 at 9:49 am to
What happens when a S. LA Thunderstorm knocks your power out overnight? Do you walk to work? Just curious.
Posted by Korkstand
Member since Nov 2003
29054 posts
Posted on 4/25/19 at 10:02 am to
quote:

What happens when a S. LA Thunderstorm knocks your power out overnight? Do you walk to work? Just curious.
Who drives 200+ miles per day? Not many people. Most would probably only need a recharge after a few days, but topping off overnight is just too easy and convenient.


The anti-EV crowd is hilarious. You guys ask some of the stupidest questions. "Just curious", smugly, as if an occasional power outage is an EV killer.

If power outages are a real problem for you, perhaps you should look into another Tesla product, the Powerwall.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 4/25/19 at 10:10 am to
I am not anti- EV. I actually don’t care one way or the other. My problem is with Musk and his bullshite. He could be the ceo of exxonmobile and I would t like him or his bullshite.
Posted by ctiger69
Member since May 2005
31030 posts
Posted on 4/25/19 at 10:11 am to
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
72264 posts
Posted on 4/25/19 at 10:21 am to
What are the owning and operating costs of a Tesla versus a comparable sized traditional sedan?
first pageprev pagePage 5 of 6Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram