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re: Tesla Truck, under $50,000 and better than a F150

Posted on 6/7/19 at 5:41 pm to
Posted by CharlesLSU
Member since Jan 2007
31889 posts
Posted on 6/7/19 at 5:41 pm to
I’d contend misspelling Cummings is a net positive, and, as such, you are the said dumbass.

It is funny how my slight of diesel power rubbed your truck nuts wrong.
Posted by shel311
McKinney, Texas
Member since Aug 2004
110737 posts
Posted on 6/7/19 at 5:43 pm to
quote:

You sure do seem agitated with my stance.
Not at all. It is either a naive stance or one you didn't lay out very well in your initial post. If you go back and read it, I'm sure you would agree it's one of the 2, likely the latter.

quote:

Are you a Tesla driver?
This doesn't make anything I've said in this thread any more or less correct.

quote:

It has not, but you seem to take umbrage with my stance, which is a you issue, not a me issue.
I've just pointed out that it's a hypocritical stance that doesn't really have much logic to it compared to other automakers, which you've confirmed in your 1st statement in this post.
This post was edited on 6/7/19 at 5:45 pm
Posted by Adam Banks
District 5
Member since Sep 2009
31818 posts
Posted on 6/7/19 at 5:44 pm to
What happens if you drop a full tool box into the bed? That’s how I base my truck decisions
Posted by wasteland
City of peace
Member since Apr 2011
5600 posts
Posted on 6/7/19 at 5:45 pm to
I'd love one
Posted by ibldprplgld
Member since Feb 2008
24967 posts
Posted on 6/7/19 at 5:48 pm to
quote:

This doesn't make anything I've said in this thread any more or less correct.





And there it is.

Happy Friday, baw.
Posted by shel311
McKinney, Texas
Member since Aug 2004
110737 posts
Posted on 6/7/19 at 5:49 pm to
quote:

And there it is.
And there it is, confirmation that nothing I've said in this thread is incorrect and/or any more or less true, you really nailed that one. Take a lap!!
Posted by BuckyCheese
Member since Jan 2015
49049 posts
Posted on 6/7/19 at 5:59 pm to
quote:

I’d contend misspelling Cummings is a net positive, and, as such, you are the said dumbass. It is funny how my slight of diesel power rubbed your truck nuts wrong.


I don't drive a diesel and do not have truck nuts on my ride.

Dumbass.
Posted by GeauxGutsy
Member since Jul 2017
4715 posts
Posted on 6/7/19 at 6:20 pm to
I like some of the renderings. Would be a Yes for me!
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11083 posts
Posted on 6/7/19 at 6:24 pm to
I'd hate for you to be in control of your own money. To you demand=slashing sales prices to increase volumes. You must be loving this bull market lol
Posted by shel311
McKinney, Texas
Member since Aug 2004
110737 posts
Posted on 6/7/19 at 6:29 pm to
quote:

I'd hate for you to be in control of your own money. To you demand=slashing sales prices to increase volumes.
Tesla - the only car company that cuts prices!!!


You could have just said you were wrong about no demand since you are 100% wrong about no demand.

You can also go ahead and say you're wrong about losing money on every car they sell since you're wrong about that as well.

Man, I see you have "financial" in your user name, pretty scare if you're in charge of other people's money, I hope you're not throwing out these false "facts" to your clients as well, if so.
This post was edited on 6/7/19 at 6:31 pm
Posted by BuckyCheese
Member since Jan 2015
49049 posts
Posted on 6/7/19 at 6:43 pm to
quote:

You can also go ahead and say you're wrong about losing money on every car they sell since you're wrong about that as well.


Link?

I can find numerous links showing Tesla loses huge sums of money...

And they don't have any cheap cars to draw people into showrooms (that they don't have) so all they sell should be high margin, Yet seas of red ink....
Posted by shel311
McKinney, Texas
Member since Aug 2004
110737 posts
Posted on 6/7/19 at 6:52 pm to
quote:

I can find numerous links showing Tesla loses huge sums of money...
Tesla recently had a bond payment due of something like $500 or $900mil...I'm not sure exactly Things like that don't come into play when you're solely talking about whether they make or lose money per car sold.

You also may be thinking of a lot of talk that the cheapest, $35k Tesla had many rumors that it would lose money. That wasn't substantiated that I know of, but even if true, the other poster is still wrong as he stated they lose money on "every" car they sell. That is not true.

The gross margin on the Model 3 was over 20% at some point last year, and it dipped under 20% in Q1 of 2019. But they're not losing money on "every" car they sell.
Posted by Ponchy Tiger
Ponchatoula
Member since Aug 2004
45105 posts
Posted on 6/7/19 at 6:52 pm to
Musk is a fraud
Posted by SEClint
New Orleans, LA/Portland, OR
Member since Nov 2006
48769 posts
Posted on 6/7/19 at 6:54 pm to
Hill Valley, 2015
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 6/7/19 at 7:02 pm to
They are losing money somewhere. How many cash calls can one company make before the well dries up?
This post was edited on 6/7/19 at 7:06 pm
Posted by BuckyCheese
Member since Jan 2015
49049 posts
Posted on 6/7/19 at 7:04 pm to
quote:

You also may be thinking of a lot of talk that the cheapest, $35k Tesla had many rumors that it would lose money.


Unless something changed recently they haven't delivered ANY base model 3's. Only highly optioned ones that bring more money in.

They can show a 20% margin by not fully allocating costs, which apparently they have done as has been previously stated, they are losing huge sums of money.
Posted by shel311
McKinney, Texas
Member since Aug 2004
110737 posts
Posted on 6/7/19 at 7:09 pm to
quote:

They are losing money somewhere
Correct, I'm certainly not arguing that everything is rosey financially.

All I'm saying is that one dude said they lose money on every car they sell. That is simply not true. That's all I was saying.

quote:

How many cash calls can one company make before the well dries up?


They probably have a ways to go before getting to that dire point. But given how far ahead they are in the EV game as well as with software, I'm not worried one bit. If worst case scenario pops up, someone like Google or Apple will buy the company. There is zero chance Tesla just goes bankrupt and their cars go away any time remotely soon. The tech in the car is wayyyyyy too valuable to just disappear.
This post was edited on 6/7/19 at 7:12 pm
Posted by shel311
McKinney, Texas
Member since Aug 2004
110737 posts
Posted on 6/7/19 at 7:11 pm to
quote:

they are losing huge sums of money.
They loss $700 mil in Q1.

I'm pretty sure they paid a $920mil bond back in Q1 as well as another $188 mil in non-recurring charges.


ETA: Before others jump in like I'm sure they want to, I'm not saying everything else was just peachy in Q1. Demand did have a big dip mostly due to the tax credit being cut in half.
This post was edited on 6/7/19 at 7:14 pm
Posted by thesoccerfanjax
Member since Nov 2013
6128 posts
Posted on 6/7/19 at 7:19 pm to
3 foot bed?
Posted by bcoop199
Kansas City, MISSOURI
Member since Nov 2013
6654 posts
Posted on 6/7/19 at 7:22 pm to
That thing is ugly.
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