Tesla burns cash and loses more than $4,000 on every car it sells

Business Insider ^ | 08/08/2015 | JOSEPH WHITE AND PAUL LIENERT, REUTERS

[DAC21]

I’m Surprised.it is only 4k. If not for the Fed and State rebates...............

[dearolddad]

This guy is taking investors, taxpayers and buyers for a ride. I guess, though, it is an “electric” ride.

And the end of govco's handouts "electric" ride could be shocking

[factoryrat]

Things that china has, that musk and the US DOESN'T have:

Raw materials.

Endless supply of low cost labor.

Endless supply of engineers and technicians.

The largest manufacturing base in the world.

A business friendly government.

A pro-manufacturing government.

An export friendly government.

I have literally given up on trying to get anything useful out of US based suppliers and businesses. The chinese companies will work with me. The US companies, assuming I can even find one that makes what I need, are so fucked up from I don't know what, that they don't even return a simple RFQ. It's like they want to go out of business.

I've had it. Foreign nations are kicking our asses for a really good reason, because they want the work, and we don't!
.