Earlier quoted context omitted.
Rockets may be easier to develop than a product for the mass market. Car manufacturers have had many decades of optimizations of their processes. It’s very hard to catch up.
It would be easier if he'd stop making grandiose claims like "self driving is only two years away!"
Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
91–100 of 778 posts
Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
#92Earlier quoted context omitted.
The profit margin is a lot thicker in the luxury car market. It's a lot harder for Tesla to compete with economy vehicles produced by Ford/Chevy/Honda/Toyota since they have established production lines and can out-produce and out-price Tesla.
> economy vehicles produced by Ford/Chevy/Honda/Toyota since they have established production lines and can out-produce and out-price Tesla. Who do not pay for the lifetime externalities of each of their vehicles burning petroleum for hundreds of thousands of miles. If you accept climate change is man made, and that combustion vehicles contribute to it, it is insane we don’t make internal combustion vehicles pay for…
Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
#93I see this trend continuing for Tesla. Aside from Musk's leadership, which is very polarizing, I don't see their cars as being very compelling compared to the upcoming offerings of Audi and Porsche. Tesla isn't really competing against Ford/Chevy/Honda/Toyota. Instead they are competing against BMW/Mercedes/Porsche/Audi. By comparison Teslas seems like a toy compared to those other brands so I will gladly wait and gi…
Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
#94As someone who does not have any stake in Tesla, I dont see a path forward for them without a company with the bank account on the scale of Apple/Google/Amazon funding them. Bootstrapping software is hard, hardware is harder, cars are 10x harder than those squared...
The irony is that Tesla was supposed to bankroll SpaceX, but SpaceX is killing it on profits and Tesla is floundering. If anything it looks like SpaceX will end up bankrolling Tesla. Musk should forget about trying to save this planet and focus on getting to the red one.
Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
#95Earlier quoted context omitted.
Yeah I think people are underestimating how dire the financials are. I think the cars are pretty cool (though way too much autopilot hype) and it's awesome that EVs have came so far so quickly. If Tesla continues burning cash like this quarter, it will basically be out of money in Q2, yet they are not raising capital which suggests there is some major problem. I think Tesla has had an awful lot of financial near miss…
If they have 2.2B in the bank, lost 700 mil this quarter, expect to lose significantly less in the next quarter, how are they out of money? Even if they lost 500mil next quarter, they'd still have another 3 quarters of that left. That's not "basically out of money", in my mind.
Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
#96Earlier quoted context omitted.
Yeah I think people are underestimating how dire the financials are. I think the cars are pretty cool (though way too much autopilot hype) and it's awesome that EVs have came so far so quickly. If Tesla continues burning cash like this quarter, it will basically be out of money in Q2, yet they are not raising capital which suggests there is some major problem. I think Tesla has had an awful lot of financial near miss…
Billionaires have billionaire friends. It won't be too difficult for Elon Musk to talk to the Google folks and get a few billions in funding, for an appropriate equity.
Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
#97Earlier quoted context omitted.
It’s news. Smoking weed as a guest on a talk show / podcast is something no CEO of a noteworthy company has done before. I don’t care per se but come on, it’s obviously an attention grabbing thing to do.
It’s attention grabbing because people are prudes. One of the many things wrong with this country
And it's got nothing to do with the US either. Do you see many German, Swiss or Japanese Ceos smoking pot and getting drunk on podcasts?
Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
#98I see this trend continuing for Tesla. Aside from Musk's leadership, which is very polarizing, I don't see their cars as being very compelling compared to the upcoming offerings of Audi and Porsche. Tesla isn't really competing against Ford/Chevy/Honda/Toyota. Instead they are competing against BMW/Mercedes/Porsche/Audi. By comparison Teslas seems like a toy compared to those other brands so I will gladly wait and gi…
What you get for your money:
20k-40k: Plastic
40k-75k: Plastic painted to look like metal and wood veneers
75k+: Maybe metal and real wood
This refers to everything you touch and see in and outside the car.
US manufactures aren’t in the 75K+ market for sedans, US mfgs only know plastic.
For the Germans, you need to be in flagship cars to get away from metalized plastic (A7/A8, S-class, 7-series). Porsche is a safe bet for real materials.
Tesla replaced everything inside the car with a giant, great looking screen. 90% of the “value engineering” by which existing car makers use to differentiate between their Low and high end cars... Tesla just got rid of it. Tesla has no intention on playing in the “value engineering” traditional mfgs have been doing for decades (it was the only innovation game left to play).
Tesla instead is competing with tech and features they can literally upload to your car overnight. There is no comparison to traditional autos.
Tesla is an iPhone moment for car industry (if they can manage to deliver the quality and experience they promise without going out of business).
Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
#99Earlier quoted context omitted.
The trade-in value of Tesla is very low in Finland. If you want to upgrade your model, Tesla has been offering 70-80k € trade-in value for a 6 month old 135k€ Model S. This means that those who upgrade their vehicles often will not even consider a Tesla. In Finland, at least, they are forefeiting one of the biggest groups of luxury car buyers.
The most surprising thing about your post to me is the price of a new Model S. That's $150k. Is the price so high because it includes VAT?
Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
#100Earlier quoted context omitted.
The trade-in value of Tesla is very low in Finland. If you want to upgrade your model, Tesla has been offering 70-80k € trade-in value for a 6 month old 135k€ Model S. This means that those who upgrade their vehicles often will not even consider a Tesla. In Finland, at least, they are forefeiting one of the biggest groups of luxury car buyers.
The most surprising thing about your post to me is the price of a new Model S. That's $150k. Is the price so high because it includes VAT?