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Tesla Burns Through Record Cash to Bring the Model 3 to Market

bloomberg.com

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Re: Tesla Burns Through Record Cash to Bring the Model 3 to Market

#211

Post by princeb »

thinkling wrote: post #209
threesixandnine wrote: post #201

Earlier quoted context omitted.

Oil dictatorship will just move to renewables dictatorship. I was listening to the Bloomberg radio and some oil guy all on hype explaining how they are moving into the market and that 20% of their biz is now renewables and how they are the biggest solar electricity plant operator, etc. So, no, dictatorship as you say is kind of here to stay. Also Tesla. BMW announced usable fully electric Mini and other manufacturere…

BMW already have a fully electric car out, the i3. It costs ~$50k and has a range of, what, 120mi? We'll have to wait and see if the fully electric Mini is going to be any better. But we can look at the hybrid Mini Countryman S E, cleverly getting AWD from putting the electric motor on one set of wheels and ICE on the other set. Great idea. Except... it gets 27mpg. Terrible. The only excuse I can see is that it's a "…

putting 250mi range on a european car just feels like premature optimization.

my thinking is that bmw is going to sell electric cars with a diff spec in the US, same way bmw doesn't sell 1.5L 3 series there.

that said, given China's penchant for American sized cars, I feel like they're missing out on the two biggest economies in the world focusing on europe/asia exC.

Re: Tesla Burns Through Record Cash to Bring the Model 3 to Market

#212

Post by jozzas »

gigatexal wrote: post #205
simonsarris wrote: post #64

Earlier quoted context omitted.

I agree with my whole heart. I think we have a moral imperative to develop electronic transportation, sooner rather than later. We think about the future much too little. Ever since we decide to concentrate farming and transport most food to mouths, we've relied on oil as a life-support system for 7.5+ billion people. There is no going back to pre-oil without a lot of those people dying, and oil will eventually be to…

Isn’t the mining of materials and making of electric cars more carbon producing than the ICE vehicles they replace?

No. Batteries can be recycled, as can the aluminium that makes up Tesla car bodies. You don't get anything back from 30 years of ICE emissions.

Re: Tesla Burns Through Record Cash to Bring the Model 3 to Market

#213

Post by jozzas »

j7ake wrote: post #80
flexie wrote: post #61

Earlier quoted context omitted.

Whether Tesla survives or not, these billions are some of the best spent money on the planet in the last 50 years. What are the accumulated losses so far? $5-10B? Even if Tesla were to spend another $50B and go bankrupt, I would still maintain it's great. What Tesla has achieved is so important in the long run for the environment, for ending the strategic dependence on oil dictatorships, and for renewing the belief i…

So what has been the net reduction of CO2 usage because of tesla to date?

This is literally the point of the Model 3. They need 500,000+ cars on the road in order to move the dial on petroleum dependence. Other car makers need to copy Tesla because electric cars are better and cheaper to own, etc. We're not at that tipping point yet. A lot hinges on the Model 3 being a success.

Re: Tesla Burns Through Record Cash to Bring the Model 3 to Market

#214

Post by dotancohen »

tpolischuk wrote: post #191
dotancohen wrote: post #155

Earlier quoted context omitted.

Commercial aviation as well will never be electric. It would require two orders of magnitude energy to weight density, and quadruple flight times.

People also thought we would never get man into space :)

There is a big difference between simply thinking that something is too hard and having numbers to back it up.

Re: Tesla Burns Through Record Cash to Bring the Model 3 to Market

#216

Post by kamaal »

simonsarris wrote: post #7

> “He’s going to need capital,” said Ross Gerber, chief executive officer of Gerber Kawasaki Wealth & Investment Management, which holds Tesla shares. “That’s the one part of the financials that are a little bit troubling. To underestimate the cash burn over the next six months will be a mistake.” It's not that troubling. Even massive companies (AMZN in 2014) need to raise big capital. When you have something you wan…

>>The flipside of this is that it's an indictment of companies that hoard huge amounts of cash, like Apple. That they can't find a way spend it building future stuff is a signal that they are out of big ideas, and (in the case of Apple) have been for some time.

Wasn't this expected after Steve Jobs passed away?

The real troubles for Apple will start when they will end up exhausted milking iPhone and its ecosystem of products.

The same will happen with Amazon if Bezos goes away and with Tesla if Musk goes away. These are largely companies driven by individual visions, take them away and they are no better than any other company.

Re: Tesla Burns Through Record Cash to Bring the Model 3 to Market

#217

Post by kamaal »

codefined wrote: post #203
threesixandnine wrote: post #201

Earlier quoted context omitted.

Oil dictatorship will just move to renewables dictatorship. I was listening to the Bloomberg radio and some oil guy all on hype explaining how they are moving into the market and that 20% of their biz is now renewables and how they are the biggest solar electricity plant operator, etc. So, no, dictatorship as you say is kind of here to stay. Also Tesla. BMW announced usable fully electric Mini and other manufacturere…

Renewables can be used in almost any location over the entire world. It is incredibly hard to monopolise renewables in the same way you can monopolise oil.

Same could be said about feudalism and agriculture. And they did exist.

There will always be these monopolistic business practices and there is nothing much we could do about it.

Re: Tesla Burns Through Record Cash to Bring the Model 3 to Market

#218

Post by dang »

awkwarddaturtle wrote: post #79

Jesus. Look at the top comment and the replies in this thread. I find it hard to believe it is real HN commenters and not a TSLA PR campaign here. "What are the accumulated losses so far? $5-10B? Even if Tesla were to spend another $50B and go bankrupt, I would still maintain it's great." Seriously? This is being voted up? Also, the top commenter here "simonsarris" is a top commenter in the other TSLA thread. https:/…

Accusations of astroturfing and shillage are not allowed on HN unless you have evidence. (Plenty of explanations of this in the comments via https://hn.algolia.com/?sort=byDate&prefix=true&page=0&dateR....) Not only do you have no evidence, you're seriously misassessing HN if you think it isn't replete with sincere Tesla fanatics.

Worse, you broke the HN guidelines badly by smearing a particular user. We ban accounts that do that, so please don't do it again.

Moreover, you've been engaging in the kind of tedious flamewar that I pray every day, in vain, will not appear today on Hacker News.

So: lots of reasons not to comment like this.

Edit: actually, this account has been using HN primarily for political and ideological battle and flamewar in general, so I've banned it. This isn't what HN is for. (No, this is not because of TSLA shillage or whatever immigration policy you disapprove of.)

Re: Tesla Burns Through Record Cash to Bring the Model 3 to Market

#219

Post by feld »

welcomecomrade wrote: post #102
feld wrote: post #17

Earlier quoted context omitted.

They're not going to be a monopoly. They will be the only company on the planet that can produce the motors and batteries(!!) that are required for high quality and reliable EVs. Tesla will make some cars for Tesla fans. Tesla will make billions selling key parts to everyone else. So they'll be the new Bosch of EVs, really.

This is exactly the kind of junk that makes HN the cesspool that it has become. Do you really think that only Tesla can make electric motors, despite it being a mature, 150-year-old industry in which Tesla ships only about 15% of the electric cars? Where Nissan ships product at a dramatically lower price? Did you know that trains and elevators and blenders are also electric, and companies like Alstom and Kawasaki and…

Musk already stated Tesla will be a battery company. If he's telling his investors that, what do you think he's going to do?

Re: Tesla Burns Through Record Cash to Bring the Model 3 to Market

#220

Post by lafar6502 »

feld wrote: post #219
welcomecomrade wrote: post #102

Earlier quoted context omitted.

This is exactly the kind of junk that makes HN the cesspool that it has become. Do you really think that only Tesla can make electric motors, despite it being a mature, 150-year-old industry in which Tesla ships only about 15% of the electric cars? Where Nissan ships product at a dramatically lower price? Did you know that trains and elevators and blenders are also electric, and companies like Alstom and Kawasaki and…

Musk already stated Tesla will be a battery company. If he's telling his investors that, what do you think he's going to do?

Make same batteries but cheaper than Chinese?
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