This explains why they've been so slow on giving me my reservation money back.
Weird, they gave me back mine faster than I thought ACH would normally hit (this was maybe a month ago).
Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
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Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
#12This explains why they've been so slow on giving me my reservation money back.
Weird, they gave me back mine faster than I thought ACH would normally hit (this was maybe a month ago).
I've been waiting four years and counting... Model X reservation. Every time I call, I get a new person (Because the last person I talked to doesn't work there anymore) and they swear that they will certainly solve this for me! And then I never hear from them again.
Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
#13> Mr. Musk, who had previously said the company did not need more capital, indicated that he had changed his mind because Tesla was now in a position to use capital more efficiently. This concluding paragraph contradicts a quote in the middle of the article that explained the loss is due to inefficiency ("spiking costs for obvious strategy missteps really drew blood at the bottom line"). NYTimes journalists enjoy mak…
I'm no fan of Musk's, but it's so disingenuous and discrediting to say things like that.
Musk very clearly did _not_ get stoned with Joe. Taking a puff off of a joint is akin to taking a drink or two of beer. You're going to have much more of a placebo than anything.
There's no reason to lie to make Musk look stupid. He's doing that plenty well himself.
Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
#14As 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...
Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
#15Well, that explains the extravagant claims from 2 days ago.
No point speculating about major breakthrough or major bs or LIDAR vs NO-LIDAR. They are probably progressing ok, but they are running out of cash, so they made a little show for investors.
Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
#16Horrible quarter for them. If they don't resolve their issues with the SEC and raise capital, they will run out of cash in months.
Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
#17As 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...
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)
Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
#18As 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
#19Short sellers must be gleeful. https://www.latimes.com/business/autos/la-fi-hy-tesla-short-...
Already priced in
Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
#20> Mr. Musk, who had previously said the company did not need more capital, indicated that he had changed his mind because Tesla was now in a position to use capital more efficiently. This concluding paragraph contradicts a quote in the middle of the article that explained the loss is due to inefficiency ("spiking costs for obvious strategy missteps really drew blood at the bottom line"). NYTimes journalists enjoy mak…
I'm no fan of Musk's, but it's so disingenuous and discrediting to say things like that. Musk very clearly did _not_ get stoned with Joe. Taking a puff off of a joint is akin to taking a drink or two of beer. You're going to have much more of a placebo than anything. There's no reason to lie to make Musk look stupid. He's doing that plenty well himself.
The hell kind of weak weed are you smoking? :^)