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Tesla raises $1.8B

reuters.com

81–90 of 207 posts

Re: Tesla raises $1.8B

#81
post #13

Earlier quoted context omitted.

Sure you can. That's the exact definition of "refinancing".

You may be paying off the note and it shows up as a different line item on the balance sheet, but it's not paying the debt.

I think I'm going to need a scanning electron microscope to see the hair you're splitting.

Re: Tesla raises $1.8B

#82

Earlier quoted context omitted.

I'm curious. How is what was flippantly suggested related to securities fraud?

SEC regulates crypto currency issuances now.

Technically, they're claiming that the majority of ICO-style crypto currency issuances have always been under their jurisdiction. They're just not enforcing "Sale of unregistered securities" stuff against ones done before they put the market on notice through their legal findings.

Re: Tesla raises $1.8B

#84

Earlier quoted context omitted.

It can take 30 years to break even. It's attached to a house , which will be around at least that long. When you sell that house in the future, it's STILL worth $2500 a year off the electricity bill. The house buyer will be willing to pay more for the house for that; if they keep the house for five years, they will have spent $12500 less on electricity, and they'll still have an electric roof to sell to the next buye…

What will the power generation capacity of that roof be after so much time? Don't solar panels wear out?

yes they do and its a very valid question as to when you need to replace the tiles.

Re: Tesla raises $1.8B

#85

Let's talk about Solar City. Their product is intended to be a solar roof, indistinguishable from a typical roof from street level. Costs look to be in the $50,000+ range. The marketing is that homeowners will not only drive electric vehicles, but go completely off grid by storing the energy collected into Tesla batteries. In order for this to make financial sense, there needs to be an ROI for the homeowner. So... ho…

It straight up doesn't make financial sense unless there are massive subsidies. I live in the Desert Southwest where we have 300+ days of sunshine a year. The Industrial Commision has been "compelled" to lower the rates of energy going back into the system. That is, we pay 08-14 cents a kWh with some BS pricing schedules that need a Gantt expert to decode... WHILE we get paid somewhere between 2-5 cents a kWh.

Solar doesn't make sense for me in other ways too... when I average my electricity usage over the year, it is around $98 per month for a family of 4, 2300 sqft home, in Arizona. If I go with solar city my bill would be $120 and I would be in a lease for 20 years. Nah...

Forget about buying the equipment myself as well due to the reasons above. The time that would be required to recoup the "investment" just isn't worth the hassle.

Re: Tesla raises $1.8B

#86

Let's talk about Solar City. Their product is intended to be a solar roof, indistinguishable from a typical roof from street level. Costs look to be in the $50,000+ range. The marketing is that homeowners will not only drive electric vehicles, but go completely off grid by storing the energy collected into Tesla batteries. In order for this to make financial sense, there needs to be an ROI for the homeowner. So... ho…

Most likely going for another Tesla playbook where wealthy customers (what's $25k on a $3MM+ house?) buy in and subsidize future development.

Re: Tesla raises $1.8B

#87

Let's talk about Solar City. Their product is intended to be a solar roof, indistinguishable from a typical roof from street level. Costs look to be in the $50,000+ range. The marketing is that homeowners will not only drive electric vehicles, but go completely off grid by storing the energy collected into Tesla batteries. In order for this to make financial sense, there needs to be an ROI for the homeowner. So... ho…

Homeowners often pay extra for aesthetics that appeal to them. But lets pretend they don't. How quickly does a normal roof recoup its costs? For at least the beginnings of a fair comparison, you should look at recouping the surplus over the normal cost of a roof. Also, how are you spending $25k on batteries? This sort of comment seems to attempt to try to take the most negative reasonable possible look on the situati…

Normal roof mounted solar doesn't pay for itself unless you plan on staying in the same home for a longggg time.

Re: Tesla raises $1.8B

#88

If tesla can get 500,000 cars out there, ICE cars are toast. Enough of legacy cars and makers.

The Camry alone sells 400,000 a year in the US, where the market for new cars was 17.55 million units last year.

If Tesla can pump out 500K globally, that's respectable, but hardly a death knell to the 80 million unit industry.

http://www.latimes.com/business/autos/la-fi-hy-auto-sales-20...

https://www.statista.com/statistics/200002/international-car...

Re: Tesla raises $1.8B

#89
post #39

Tesla sold $1.8 billion of eight-year unsecured bonds at a yield of 5.30 percent. That's considered junk bond level today. Historically, it's not a bad interest rate. It's an OK deal for Tesla.

Doesn't seem to be phasing internet financiers: they're all in on this issue on Reddit.

Shorts take note: Tesla has access to dumb capital that you haven't necessarily factored into your models.

Re: Tesla raises $1.8B

#90
post #21

If there are any college student hackers interested in pushing boundaries MHacks is going to allow you to hack a Tesla this September in Ann Arbor.

Sounds like fun, I took the time to apply on https://mhacks.org.

The mhacks.org site could use some work though:

- no password reset

- you lose your profile after saving it and re-navigating

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