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To: nickcarraway
That seems typical of the “green” economy.
2 posted on
08/09/2015 5:44:00 PM PDT by
JimSEA
To: nickcarraway
The Silicon Valley automaker is losing more than $4,000 on every Model S electric sedan it sells, using its reckoning of operating losses, and it burned $359 million in cash last quarter in a bull market for luxury vehicles. The company on Wednesday cut its production targets for this year and next. Chief Executive Elon Musk said he's considering options to raise more capital, and didn't rule out selling more stock. And with that business model, what investor wouldn't be lining up to buy?
3 posted on
08/09/2015 5:45:07 PM PDT by
Still Thinking
(Freedom is NOT a loophole!Just read)
To: nickcarraway
Tesla doesn’t lose squat.
The tab is picked up by US taxpayers.
4 posted on
08/09/2015 5:45:08 PM PDT by
SpaceBar
To: nickcarraway
As long as it isn’t my money they are losing.
5 posted on
08/09/2015 5:46:20 PM PDT by
Blood of Tyrants
(There's a right to gay marriage in the Constitution but there is no right of an unborn baby to life.)
To: nickcarraway
who cares, it’s just taxpayer money.
6 posted on
08/09/2015 5:46:30 PM PDT by
dadfly
To: nickcarraway
Yes, but they plan to make it up in volume.
7 posted on
08/09/2015 5:48:05 PM PDT by
Hugin
("Do yourself a favor--first thing, get a firearm!")
To: nickcarraway
Obola will bail them out.
8 posted on
08/09/2015 5:48:36 PM PDT by
E. Pluribus Unum
(To defeat the democRATs, we must first defeat the Republicans.)
To: nickcarraway
I keep telling Elon he should sell his controlling interest in Tesla and focus his energies on SpaceX, but the guy just won’t listen to me!
9 posted on
08/09/2015 5:50:52 PM PDT by
Jack Hydrazine
(Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
To: nickcarraway
Not investment advice, but maybe he as gone as far as he can go and the sharks will circle and someone will bite, aka make a bid for it ( I have my own thoughts on where his product line would fit with one firm in particular). My auto gnomes respect what he has done, he is driving battery improvements, but I don’t see this working for him in the long run Just MHO.
10 posted on
08/09/2015 5:51:17 PM PDT by
taildragger
(It's Cruz & Walker. Anything else is a Yugo with Racing Stripes....)
To: nickcarraway
They should raise the price of their cars. Was that so hard?
12 posted on
08/09/2015 5:53:55 PM PDT by
subterfuge
(Minneseeota: the laughingstock of the nation - for lots of reasons!)
To: nickcarraway
I have a friend who recently passed away who made car trailers that lost money on every one he built. He went bankrupt and lost EVERYTHING he had including his marriage.
13 posted on
08/09/2015 6:03:06 PM PDT by
painter
( Isaiah: “Woe to those who call evil good and good evil,")
To: nickcarraway
If they stop spending money on capital they would make money on each car right now. They’re building a battery factory in Nevada and superchargers all around the world
14 posted on
08/09/2015 6:26:55 PM PDT by
4rcane
To: nickcarraway
16 posted on
08/09/2015 6:29:24 PM PDT by
CreviceTool
(A Good Samaritan with a handgun saved my life...)
To: nickcarraway
Analysts are concentrating on the company and its products and its losses. That’s not the value of the company lies. The company is Elon Musk, and it’s Mr Musk that people are banking or investing on. If Musk were not involved with Tesla, the company would’ve folded years ago.
So, people, please give the guy a chance, and with his super-duper high intelligence, he’s bound to make the company into a success and convert it into the envy of all other automakers. It doesn’t matter that he doesn’t follow sound economic principles. He is, after all, a genius, and he will prove to the rest of the world that, he knows best. (Believe any of that, and I can easily sell you a bridge between Manhattan and London).
But, there are so many stupid people out there, that, they believe anything that Musk is involved with, will turn to gold.
18 posted on
08/09/2015 6:36:47 PM PDT by
adorno
(w)
To: nickcarraway; All
Not to worry they make up all that loss by getting government hand outs
19 posted on
08/09/2015 6:42:14 PM PDT by
Nifster
To: nickcarraway
"... didn't rule out selling more stock."
20 posted on
08/09/2015 6:43:39 PM PDT by
CapnJack
To: nickcarraway
They’ll make it up on volume...
21 posted on
08/09/2015 6:44:52 PM PDT by
Kozak
(Walker / Cruz 2016 or Cruz/ Walker 2016 Either one is good...)
To: nickcarraway
I once worked for a company that NEVER made a profit. Worked off investor money for 11 years and sold for $6 Billion dollars.
never made a profit
23 posted on
08/09/2015 6:48:37 PM PDT by
driftdiver
(I could eat it raw, but why do that when I have a fire.)
To: nickcarraway
24 posted on
08/09/2015 7:09:24 PM PDT by
GeronL
(Cruz is for real, 100%)
To: nickcarraway
I wonder if this means they’ll be scaling back their phoney battery “gigafactory” to just a phony “megafactory”?
25 posted on
08/09/2015 7:09:24 PM PDT by
catnipman
(Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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