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Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

nytimes.com

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Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

#201

Post by sliken »

nihonde wrote: post #193
sliken wrote: post #155

Earlier quoted context omitted.

I find the Panasonic thing very weird. Tesla claims to be battery limited, and also mentioned that their popular and in demand power walls are being throttled by lack of batteries. Does make me wonder. Is Panasonic blackmailing Tesla with limited supply to influence Tesla's battery supply in China? Is Panasonic and/or Tesla lying about the situation?

My take: Panasonic is moving its chips from Tesla to Toyota/Mazda and betting the incumbent Japanese makers will be better positioned to capitalize on EV sales over the long term. It’s not strange for a 100+ year old company playing the long game. I also think Tesla’s function for many of its suppliers was to prove that Americans will buy EVs, and their expectations are fairly low about how much more Tesla will accom…

Well the weird thing is Panasonic is complaining about not selling enough batteries. Seems kinda crazy considering the rapid scale of Tesla's ramp up, not to mention secondary uses like powerwalls and grid sized battery systems.

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

#202

Post by cperciva »

maxxxxx wrote: post #23
2bitencryption wrote: post #17

Earlier quoted context omitted.

I think the smartest thing Musk ever did for Tesla was to start sending rockets into space and landing them over and over. It really makes you think, "Hey, if they can do all that rocket science, they can probably make a sedan." (This is mostly a joke... but it's also not entirely a joke)

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.

The bar for success is different too. A rocket which safely delivers its cargo 99.99% of the time would be a huge step forward. A car which safely delivers its cargo 99.99% of the time would be taken off the roads.

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

#203

Post by bufferoverflow »

golfer wrote: post #168
sandworm101 wrote: post #116

Earlier quoted context omitted.

A few more years of this amd they may be bought out by the likes of BMW. The tesla brand is worth something, even if on the hood of a german car.

Tesla has about $9B in debt. They are not an attractive takeover candidate. They've never turned an annual profit.

Neither did Amazon for many years. They are scaling up.

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

#204

Post by mikeyouse »

yreg wrote: post #160
stonogo wrote: post #51

Earlier quoted context omitted.

The people who issued him a United States Department of Defense security clearance, to start with. At least they should. I guess Musk plays by different rules than us plebians.

So people with security clearance can't do legal drugs? Can they drink alcohol?

Security clearances are granted at the Federal level -- and weed is most definitely not legal Federally.

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

#205

Post by samstave »

nihonde wrote: post #193
sliken wrote: post #155

Earlier quoted context omitted.

I find the Panasonic thing very weird. Tesla claims to be battery limited, and also mentioned that their popular and in demand power walls are being throttled by lack of batteries. Does make me wonder. Is Panasonic blackmailing Tesla with limited supply to influence Tesla's battery supply in China? Is Panasonic and/or Tesla lying about the situation?

My take: Panasonic is moving its chips from Tesla to Toyota/Mazda and betting the incumbent Japanese makers will be better positioned to capitalize on EV sales over the long term. It’s not strange for a 100+ year old company playing the long game. I also think Tesla’s function for many of its suppliers was to prove that Americans will buy EVs, and their expectations are fairly low about how much more Tesla will accom…

Personally; ding ding ding.

This is why american MBAs are utter useless garbage..

The asian incumbents in heavy industry are going to own, simply because they are capable and willing to play the long-game.

China is pretty much buying all of Africa.

They havea 100 year plan. And anyone who isnt aware of that fact, is simply behind the game and already losing.

We had a post about KPCB earlier, and good riddance - the arrogance of the SV VC mind and short-term thinking of the US industries are literally what has the US in ruin come 25 years from now.

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

#206

Post by brer »

philwelch wrote: post #107
toomuchtodo wrote: post #25

Earlier quoted context omitted.

It’s a shame people condemn Tesla’s for its troubles when internal combustion gets a ridiculous amount of subsided despite it causing irreparable harm to the planet. Musk plays on Boss Mode (along with others) while everyone enjoys bread and circus and laughs at people trying to accelerate progress with regards to climate change. I hope those quarterly profits, trucks, and SUVs are worth it when climate change hits i…

Tesla is one way to reduce carbon emissions from automobiles. It is not the only way. There is also: * Battery-electric vehicles manufactured by other companies * Plugin hybrid-electric vehicles manufactured by other companies * Reducing automobile usage in general * Developing energy-efficient processes to synthesize carbon-neutral liquid fuels using carbon-neutral energy sources * Developing new and more efficient…

http://brusselstimes.com/business/technology/15050/electric-...

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

#207

Post by m463 »

S_A_P wrote: post #14

As 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...

Well, they could get full self driving going and sales would go through the roof.

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

#208

Post by samstave »

S_A_P wrote: post #14

As 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...

https://m.imdb.com/title/tt0091159/?ref_=m_nmfmd_act_66

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

#209

Post by newsoul2019 »

ProfessorLayton wrote: post #81

Tesla's 1.5B reduction of cash on hand was largely due to the 920M convertible bond payment — but that only happened because TSLA didn't perform to the level necessary for conversion (~$360 IIRC). I wonder what changes in terms this'll warrant for future capital raises. Then they mention that they missed a lot of revenue due to missing half their shipments overseas, and onto Q2 (But also expecting a loss in Q2). Sale…

I was close to buying a used Tesla from Tesla, but this is making me pause. Am I being unreasonable? I live in the Bay Area where I feel like the only person without a Tesla or two.

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

#210

Post by steelframe »

Reedx wrote: post #119
S_A_P wrote: post #14

As 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...

Yeah, but people have been saying they won't make it for over a decade now. It's tiresome and unproductive. Meanwhile they've done amazing things that most considered impossible. They went for it despite the difficulty and actually changed an industry. Electric cars were thought of as golf carts! Not so anymore. The idea of covering the country with chargers was a pipe dream. Now it's reality. Here's hoping Telsa con…

I'm an ex-Tesla owner (went for an I-PACE with my last EV purchase), but I have to agree with this sentiment. Tesla will go down in history as an amazing phenomenon, regardless of whether they survive in the marketplace.
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