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Now Musk is talking about "raising capital", or selling more Tesla stock to raise cash so Tesla can keep the lights on.

If these electric cars were profitable, the big automobile companies would have been selling thousands of them.

1 posted on 04/24/2019 8:42:07 PM PDT by Lurch Addams
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To: Lurch Addams
I've read when Houston had those floods, electric car owners couldn't do anything. These cars are useless in the winter storms here in WI.
2 posted on 04/24/2019 8:45:17 PM PDT by Extremely Extreme Extremist (Trust the plan of the 17th letter of the English alphabet!!)
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To: Lurch Addams

Sure, Tesla makes a loss on every car, but they will make it up on volume!


3 posted on 04/24/2019 8:46:28 PM PDT by PGR88
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To: Lurch Addams

People love to hate Ann and Elon —it’s some kind of sport.

Yes, he has depended on gummint money, he really has.

Seriously: If not for Elon, do you think the other major makers would have done by now even 1/10th of the changes they’ve made..?

You think launch costs would have come down as much as they have, if not for Elon..?

I admit the pork, but I’d say as far as gummint pork goes Elon has been the most productive by A MILE.


4 posted on 04/24/2019 8:46:50 PM PDT by gaijin
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To: Lurch Addams

The modern day PT Barnum is now saying he will start Tesla Auto Ins. very soon. The Rental car option will be $300 a year as it takes five months to get parts for repairs. The guy has cornered the market on misdirection, flashlights and flying pigs.


8 posted on 04/24/2019 8:53:22 PM PDT by DAC21
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To: Lurch Addams

“In the meantime, the $35,000 version of the car announced in February never shipped. Instead, on April 12th, the company said it would take a slightly higher-spec Model 3, use software to limit its features and ultimate range, and sell that version of the car for $35,000.”

reminds of the expensive upgrades IBM offered to increase the speed of its card sorters in the 1950s: to make the upgrade, an IBM tech would come in, open the drive belt cover and switch the drive belt up one notch on a pair of step pulleys to speed up the sorter ...


11 posted on 04/24/2019 9:06:38 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: Lurch Addams
Tesla reports another huge quarterly loss

My only question is HOW MUCH LONGER can this con man continue to scam INVESTORS and TAXPAYERS?

13 posted on 04/24/2019 9:13:02 PM PDT by VideoDoctor
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To: Lurch Addams

Now Musk is talking about “raising capital”, or selling more Tesla stock to raise cash so Tesla can keep the lights on.

...

He said he was open to raising capital, but wanted to avoid it if possible.


20 posted on 04/24/2019 9:52:36 PM PDT by Moonman62 (Facts are racist.)
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To: Lurch Addams

Why am I paying taxes to subsidize this modern day DeLorean?


26 posted on 04/24/2019 10:30:57 PM PDT by Fledermaus (Republicans - As Usless As Democrats)
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To: Lurch Addams

That’s why there’s a Dodge Challenger in front of my house and not a Tesla.

Because i don’t want one!!!

I don’t want an electronic car. Not yet at least.

I ALWAYS HEAR how GREAT they’ve gotten with speed and how fast they are to charge.

Then why aren’t they selling out!?!?!


29 posted on 04/24/2019 10:48:24 PM PDT by dp0622 (The Left should know if.. Trump is kicked out of office, it is WAR)
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To: Lurch Addams

Lots of investors ended up paying out the nose to “feel” green.


30 posted on 04/24/2019 10:51:15 PM PDT by Bullish (My tagline ran off with another man.)
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To: Lurch Addams

Don’t worry about St. Elon....the tech industry, Wall Street and green politicians will not let him take a loss on Tesla.

Apple may swoop in and buy it. Maybe Google. Probably another car company will buy it up.

St. Elon may sell the assets but keep the IP....licensing it to multiple car manufacturers.

The auto industry is already poised to introduce massive hybridization. Those that go all electric will only sell to city dwellers. Those that go plug-in hybrid (battery and ICE) will do better.

By St. Elon will come out on top and be called the pioneer of the electric car.


42 posted on 04/25/2019 3:00:12 AM PDT by Erik Latranyi (The Democratic Party is now a hate-mob)
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To: Lurch Addams

A corporation running on (your) taxpayers monies in the form of subsidies to support a fad technology what in the long run will not work, especially in Winter.


47 posted on 04/25/2019 4:07:56 AM PDT by wetgundog (CNN is FAKE NEWS ...Just added NBC.)
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To: Lurch Addams

I like what Musk is doing with his launch systems. His landing of all 3 boosters on his heavy lift rocket is amazing.

Of his cars, I know little. Those huge banks of lithium batteries scares me. There have been many fires. I wouldn’t park one in the garage under my bedroom. I currently park a 1971 collectors car there. I check the area regularly. If I smell gas I know there could be a problem. How do I tell if the lithium batteries have an issue.

Here’s a question. Did he remove the Tesla’s batteries before launching it into solar orbit? Lot of weight, there.


52 posted on 04/25/2019 4:45:29 AM PDT by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: Lurch Addams

Start offering v-8 and v-12 options!


57 posted on 04/25/2019 6:42:48 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Lurch Addams

On a local newspaper comment section, I said that nobody wants these cars and one of the fanbois went psycho on me. Told me that sales are in the top 5, this is the wave of the future, etc. I replied back that if sales are so great, why have I only seen three of them EVER? Believe me, ever since that exchange, I’ve been looking for them.

Fact is, the Tesla isn’t in the top 5 for sales. It’s not even in the top 20. I’d wager it isn’t in the top 50 but I couldn’t find a list that large. No surprise that Tesla fanbois are not only idiots, they’re liars, too.


72 posted on 04/25/2019 12:29:30 PM PDT by Excuse_My_Bellicosity (Liberalism is a social disease.)
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To: Lurch Addams

Last summer we visited family near Palm Springs. I witnessed a very amusing sight of one of those $100,000 Tesla’s driving in 120 degree weather with ALL THE WINDOWS down. I finally realized that they could not turn on the air conditioning and make it home. I laughed all the way to the gas station where I filled up my gas tank with renewable energy (it renews to 100% every time I fill up the tank).


76 posted on 04/26/2019 2:06:46 AM PDT by Ronaldus Magnus III (Do, or do not, there is no try.)
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