Earlier quoted context omitted.
You really spend 15 minutes fueling your car?
You have to drive to the gas station and then drive home.
That's not how it usually works Mr. Ignorant.
Tesla Smashes Earnings And Revenue Expectations
151–160 of 188 posts
Re: Tesla Smashes Earnings And Revenue Expectations
#152Don't... Bet... Against... Elon...
Shut... Up... You... Faggot...
Re: Tesla Smashes Earnings And Revenue Expectations
#153Earlier quoted context omitted.
>If you don't take frequent road trips and have the ability to charge at home, the Model S is indeed very convenient--never have to worry about fuel and hardly ever have to worry about maintenance. Doesn't the maintenance bit kind of remain to be seen? It seems to me there are two factors working against each other there: the high failure rates in new product categories, and the low failure rates associated with a si…
The Model S is much, much, much simpler than a gasoline car. - No engine. - No fuel system. - No alternator, starter, or belts. - No oil. - Single speed transmission! No shifting, no transmission fluid. - No fuel system. - Lower brake wear, thanks to regen braking. The downside is that the battery costs ~$10,000 and has to be replaced every 8 years.
I imagine that in 8 years' time an equivalent battery will cost must less.
Re: Tesla Smashes Earnings And Revenue Expectations
#154Earlier quoted context omitted.
> A notional profit of $500 million in 24 hours isn't too shabby. It's not a 24 hours profit. He didn't buy that stock yesterday, nor could he have without making the price go a lot higher than 70$. You can't judge his profit on the short term.
That's why I called it a notional profit and repeatedly referred to his net worth as 'on-paper'. Was that not obvious? It's clear he doesn't have an extra $500mm in a checking account.
Yeah, thats correct. I dont know why he misread "notional"
Re: Tesla Smashes Earnings And Revenue Expectations
#155GAAP profit was $11 million. Zero emission vehicle (ZEV) credits sold to other automakers amounted to approximately $68 million. In other words, taxpayers gave $68 million to Tesla this quarter. Without this taxpayer gift, which will be drastically reduced going forward, they would have posted a loss of $57 million this quarter. Not fantastic.
It seems that their business model is entirely dependent on government subsidies. So now that wealth is being transferred from general US taxpayers to the shareholders of Tesla.
Re: Tesla Smashes Earnings And Revenue Expectations
#156Earlier quoted context omitted.
> A notional profit of $500 million in 24 hours isn't too shabby. It's not a 24 hours profit. He didn't buy that stock yesterday, nor could he have without making the price go a lot higher than 70$. You can't judge his profit on the short term.
That's why I called it a notional profit and repeatedly referred to his net worth as 'on-paper'. Was that not obvious? It's clear he doesn't have an extra $500mm in a checking account.
Yeah, sorry, I skipped over the 'notional' in your comment.
Re: Tesla Smashes Earnings And Revenue Expectations
#157Earlier quoted context omitted.
> The Tesla Model S is an amazing car. But claiming that it's more convenient, or is a better car in every way but range, is a vast overstatement. It would be absolutely awful for me, and many other people with similar needs. Obviously convenience is different for different people. The OP is probably someone who finds car maintenance very inconvenient and as the owner of a used station wagon I am guessing you are not…
I too find maintenance inconvenient; but my used station wagon doesn't require much of that either. In the past three years, I've only ever had to have it inspected, tires replaced, and oil changes. Now, the Tesla doesn't have oil changes, so that one aspect is removed, but it does have annual maintenance. So, I'm looking at maybe two oil changes per year, vs. one annual servicing; a small improvement in maintenance…
The Model S may not be the best at everything, but it appears to be the best overall car you can buy right now. It just scored an almost unheard of 99/100 from Consumer Reports (I believe the Civic got in the high 70s to mid 80s this year)
Re: Tesla Smashes Earnings And Revenue Expectations
#158Earlier quoted context omitted.
>>upstart disruptive competitors I downvoted you exactly for this reason: you seem to be under the delusion that Arcimoto is (or will be) a Tesla competitor.
Well, at least you have the stones to own your pettiness. And in so far as they are aiming at different market segments, the two companies aren't direct competitors. If you're looking for an in town runabout that's all electric and that you can eel in and out of the parking lot at Whole Foods on your way home from work... you probably don't want a Tesla. Tesla's are for people who want to signal their wealth and powe…
Sorry, but that's crap. What makes them bad for people who build things?
Consumer Reports is not known for their affinity for status and bling so much as their affinity for boring practicality, and they rated the Model S a 99/100. I believe that ties it for their highest rated car ever.
Re: Tesla Smashes Earnings And Revenue Expectations
#159Earlier quoted context omitted.
There are always going to be a few exceptions to the rule... Back when I lived in NY and worked in bond markets, an interesting study came out evaluating active mutual fund managers. A chance distribution was able to account for all but 2 at a 95% confidence level. Those two exceptions were named Peter Lynch and Warren Buffett. Peter Lynch unfortunately retired from active investing, and his advice is that people sho…
Warren Buffett has another advantage: He realized the value of financing his investments with insurance floats earlier than the rest of the world did.
And another. His performance was measured over a very long time period, including a period where the market was likely much less competitive than it is now.
Re: Tesla Smashes Earnings And Revenue Expectations
#160This is the first of many profitable quarters for Tesla. The Model S is a better car in every single regard (except for range), than any other car on the market. It is safer, faster, roomier, more fun to drive, has more storage, quieter, more convenient, and less polluting. Electric vehicles will displace combustion vehicles. Everything that makes a car, the electric car does better. Right now the electric vehicle ma…
Woah, stop that zero-emissions hyperbole engine before it runs away from you. Seriously, it's "safer, faster, roomier, more fun to drive, more convenient, etc," than "any other car on the market?" Really? Some of that is true. But there's also a lot of opinion there and a few total inventions. The Model S is the safest car on the market? My Mercedes stops itself if I don't see traffic in front of me hit its brakes. I…
My Mercedes stops itself if I don't see traffic in front of me hit its brakes.
I have a friend who turned that off after his car unexpectedly braked hard in traffic because a piece of paper blew across his lane.
Not to say it isn't a good feature. But it isn't perfect.