Posted on 11/02/2015 4:51:21 AM PST by norwaypinesavage
Tesla's showing all the signs of a company in trouble: bleeding cash, securitized assets, and mounting inventory. It's the trifecta of doom for any automaker, and anyone paying attention probably saw this coming a mile away...Snip...Nobody has ever been successful with company stores...snip...they're losing $4000 per car, they're in trouble.
(Excerpt) Read more at roadandtrack.com ...
Tesla’s business model was selling emissions credits to other firms. Those credits are coming to an end, so profit making inventory is shrinking.
E car engineers attacked the wrong problem; range, they should of concentrated on speeding up the recharge time instead. Quick recharge makes range a lesser concern.
Bottom line: It is an expensive, nice looking very unreliable car. Tesla has come to mean “car no go far”.
I saw Jay Leno’s 1908 electric on “Jay Leno’s Garage”.
100 mile range in 1908. Not much improvement in battery life in 100 years. Of course his car will only go about 20mph, but that really says more about transmission and electric motor improvements over the past 100 years. Batteries? Not really very much.
But just as they were saying in 1908; “The new long life, quick charge battery is just around the corner”
From the article:
“I would seriously consider an entry-level model with a cheaper, range-extended hybrid driveline”
This entry level car was a requirement under the original Obama loan agreement. Musk, right or wrong, paid off the loan well early and that requirement went out the door. Maybe they just can’t come up with a low car end car of any significant quality that wouldn’t tarnish the entire line. Sounds like they are having a hard enough problem with quality as is, Consumer Reports dumping on them last month didn’t help.
Telsa would NEVER have been in business without taxpayer money. PERIOD.
Just another greeny weeney scam.
If they would stop spending 100’s of thousands of dollars building 8 bank charging stations in areas that the stations have never been used and only see cars every 3 or 4 months, they might catch up a little bit.
Scam??
What Scam??
“In 2015, Musk’s statements came under further scrutiny after an LA Times article revealed that SpaceX, Tesla Motors and SolarCity, had together received an estimated US$4.9 billion in government subsidies; the article further noted Tesla Motors and SolarCity’s dependence on government “
how many $$$millions went back to the Demonrats?
This isn’t a scam.. was a plan to Fund the democrats
We could go the slot car route and put a metal groove down the middle of the road.
This is an example of ‘entry-level’
I fully expect this one to fall on its face for safety reasons. But the ‘Smart Car’ is still on the road, so who knows...
Was at a party early this summer when the subject turned to Tesla, and specifically, Elon Musk, I opined basically that Musk and Tesla was a fraud with nothing much to show after billions and billions of taxpayer subsidies. A financial advisor friend halted me and said that he liked Musk and thought he was going to do great. I thought, wow, this guy, like so many others are easily distracted by shiny things and squirrels.
Musk has basically played with billions of taxpayer money and after years of incessant hype from nearly every Amen corner on the web in in the MSM, he still has basically nothing to show of real value.
Musk/Tesla have little intrinsic value except a really cool concept car for the wealthy who eagerly seek out the latest fad to set them apart as being edgy, come to think of it, its kinda like why the wealthy love Bernie Sanders.
Never forget, the Tesla is a coal fired car.
You know, you may be on to something.
Would love to see if there is any financial correlation between Musk and the Clinton foundation. And, just how much has Musk, or endowments controlled by Musk, given to Democrat organizations and PACs.
There is a reason why coal and oil are there. They were PLACED on the Earth by God for our use. The idea of trying to just walk away from that in favor of powering everything with wind and sunshine is complete nonsense.
Big Science, in its hubris, wants to mock God’s plan and tell us the scientists know better. But why would God have given us vast amounts of easily accessible fuel if using it was going to be bad for the Earth? Scientists don’t have an answer for that.
You’re right.
It’s also easier to understand if you think of the progressive left as a religion, filled with zealots.
They are a spontaneous combustion engine.......................
Spot on. The unmitigated arrogance of man.
He is going to create an alternative energy source. He is going to control earth’s climate. He is going to be just like GOD!
Ha Ha
correlation ?— just take a good look at say...
Planned parenthood- not only an abomination before
GOD and man- another front for the demonrats to
have this “choice for Women” spew their love for
the demon party- they get a HALF A $BILLION per
year! and all of their efforts are to kill babies
first- support Demon candidates second
With the $billions Elon Musk is getting-
ON KNOWN FAILED PROJECTS- there is kick back- kick UP
somewhere- (maybe some of Hillary’s Emails can shed
some light_LOL)
It was pretty clear to the auto industry that the Tesla, even at its steep price tag, was not being sold at a profit or even at cost. That’s why no one attempted a cheaper knock-off, not even the Chinese.
Musk has probably paid himself handsomely already, but the goal is to sell Tesla to some company like Toyota, who can be pressured to keep manufacturing Teslas at a loss for political reasons. A lot of small, high-mpg cars (like Smart) are sold at no profit.
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