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Tesla Is Doing Much Better Than Headlines Suggest

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Re: Tesla Is Doing Much Better Than Headlines Suggest

#22

> Tesla has achieved enormous results in ramping up its Model 3 production faster than almost any new model car in history. That defies my gut feel, so I checked on carsalesbase to confirm/refute. Nearly any new car model that I look at far outsells the Model 3 during new model ramp up... http://carsalesbase.com/us-car-sales-data/tesla/tesla-model-...

The author describes himself as a cleantech and blockchain reporter [1]. [1] https://medium.com/@michaelbarnard_46445

I've firmly started believing in the phrase Bitcoin not Blockchain and dismissing anyone who thinks we should be storing database data in a blockchain.

Its 2018, we found its expensive and slow to use blockchain, don't store stuff that doesnt need to be trustless.

Re: Tesla Is Doing Much Better Than Headlines Suggest

#23

I actually really want to buy a Model 3 but these stories that Tesla has a bridge note due in March that they may not be able to cover have me concerned. If I buy a car I want to make sure the company is around to service it. I don't see this article covering that particular article. In fact the word "debt" appears nowhere in it. Edit: I'm actually asking someone to prove the debt issue wrong if they can. It is liter…

I hope Tesla succeeds, but I cant deny I'd love to pick up a 3 on the super cheap because Tesla went belly up.

This sounds good until you realize you bought a first generation vehicle(unreliable parts) and a company that is no longer producing them.

Re: Tesla Is Doing Much Better Than Headlines Suggest

#24

I actually really want to buy a Model 3 but these stories that Tesla has a bridge note due in March that they may not be able to cover have me concerned. If I buy a car I want to make sure the company is around to service it. I don't see this article covering that particular article. In fact the word "debt" appears nowhere in it. Edit: I'm actually asking someone to prove the debt issue wrong if they can. It is liter…

Its extremly unrealistic that this would happen.

First of all, with the Model 3 sails they now have a huge revenue stream.

Secondly, I think its pretty unquestionalble that they could easly raise more money. If they were willing to issue more stock.

Re: Tesla Is Doing Much Better Than Headlines Suggest

#25
post #4

Theirs is 50 percent profit business. Only matter is, it will take time to zeroing their debt.

Tesla aims for a 25% profit margin on the Model 3 and is not there yet: https://www.cnbc.com/2018/05/21/tesla-shares-to-soar-on-stro...

From what I can see, the margins on the other models are similar. And the company still loses money overall.

Re: Tesla Is Doing Much Better Than Headlines Suggest

#26
post #15

Earlier quoted context omitted.

The CEO has shown willingness to fund Tesla Motors and SpaceX with almost all his personal funds. If I remember correctly, he is worth more than Tesla's debt, and unless he is somehow unable to liquidate enough assets to cover that debt, it won't be the end of Tesla.

> he is worth more than Tesla's debt Most of Elon's net worth is in illiquid SpaceX stock and Tesla shares.

Why is the Tesla stock illiquid? It's publicly traded.

I'm sure he could sell SpaceX stock on the secondary market quite easily. SpaceX has never lacked in interest from investors.

Re: Tesla Is Doing Much Better Than Headlines Suggest

#27
post #15

I actually really want to buy a Model 3 but these stories that Tesla has a bridge note due in March that they may not be able to cover have me concerned. If I buy a car I want to make sure the company is around to service it. I don't see this article covering that particular article. In fact the word "debt" appears nowhere in it. Edit: I'm actually asking someone to prove the debt issue wrong if they can. It is liter…

The CEO has shown willingness to fund Tesla Motors and SpaceX with almost all his personal funds. If I remember correctly, he is worth more than Tesla's debt, and unless he is somehow unable to liquidate enough assets to cover that debt, it won't be the end of Tesla.

My understanding is that the majority of his personal net worth is from Tesla (+Solar City) and SpaceX. Would that limit his ability to personally fund Tesla?

Re: Tesla Is Doing Much Better Than Headlines Suggest

#28

> Tesla has achieved enormous results in ramping up its Model 3 production faster than almost any new model car in history. That defies my gut feel, so I checked on carsalesbase to confirm/refute. Nearly any new car model that I look at far outsells the Model 3 during new model ramp up... http://carsalesbase.com/us-car-sales-data/tesla/tesla-model-...

Which models did you look at? I don't remember a lot of models that are new to the market recently. I checked the Mazda CX-3 and the Nissan Leaf, and the Model 3 does appear to have crushed both of those based on first year numbers.

Re: Tesla Is Doing Much Better Than Headlines Suggest

#29

> Tesla has achieved enormous results in ramping up its Model 3 production faster than almost any new model car in history. That defies my gut feel, so I checked on carsalesbase to confirm/refute. Nearly any new car model that I look at far outsells the Model 3 during new model ramp up... http://carsalesbase.com/us-car-sales-data/tesla/tesla-model-...

Yeah, I'd imagine a new Rav4 or CR-V model goes from 0 to 10,000 a week pretty damn fast and with little to no fanfare.

Re: Tesla Is Doing Much Better Than Headlines Suggest

#30

Earlier quoted context omitted.

I hope Tesla succeeds, but I cant deny I'd love to pick up a 3 on the super cheap because Tesla went belly up.

This sounds good until you realize you bought a first generation vehicle(unreliable parts) and a company that is no longer producing them.

It’s a serious concern. I bought an special anniversary edition of a car, had something hit me on the highway a month after, and had to wait a month for the manufacturer to make the special parts.
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