Sorry I couldn't follow you here.
Tesla is offering cash rebates to buyers of the Model S. The financial media is making it sound like this is an amazing break through, something that Elon Musk invented when he was at PayPal.
The quote: ((( Tesla’s Elon Musk reached back to his days at PayPal for the electric-car maker’s first-ever incentive offer. )))
BTW the hard core tesla likers will buy the Model X ASAP. The "shoppers" now have a very good reason to wait. Let Tesla work the bugs out and then get a rebate next year.
You live in a Soviet style condo with only outside parking, Jean. You are not eligible to own a Tesla. Judging from your age and marital status, I doubt you ever will be. I think that is perfectly just because of your history of of antisemitic remarks on Yahoo boards.
They have one project - the Sonora Lithium Project and it is not in production.
And you people wonder why Tesla loses money ? What, prey tell, do you think Bacanora Minerals Ltd is going to charge for the lithium? How can they possible price the Lithium if they aren't making it yet? And if they priced it too low, they will just go out of business, tear up the contract in Court, and sell the lithium on the open market. They probably have less than 100 employees.
BTW the symbols is BCFRM. Have fun. It's a penny stock selling for about $2 now.
((( Tesla is confident to solve any technical issues. ))))
They are selling a cars that costs $100,000 to build and market for $85,000.
Q.) When are they going to fix that ?
At the current rate of loss they will have amassed about $5 billion in losses in 2020.
Kodak resisted the change to digital photography.
Fisker rode the EV-revolution wave.
Q.) Which example is more applicable to Tesla ?
A.) Hint. Tesla lost almost $200 million last quarter. It's all gone. Money down the drain. This is a loss not an investment that might someday generate revenues. It is money they will never see again. The only thing that remains of this money is the debt on which Tesla must pay interest, and Tesla must continue to pay interest until the debt is repaid.
((( This is pretty hilarious: ))))
Edward Barker of San Burpatino, CA has sent a letter to the Governor of South Dakota asking him to pressure Canada into out lawing pancake.
Just how inferior are cells from LG Chem, exactly? Can you share your list? Other makers are using DC Fast Charging and most are fine with 50KW charge rates. Even supercharging throttles down to share two cars between 120KW supercharger A/B sides (ie. both get a combined 60KW each).
The Big 3 can't retool - but Tesla retooled a GM/Toyota NUMMI plant? How do they do it? Amazing that these new race of species, the Teslarians, have an ability that no other humans actually can do. :)
There is a lot yet to come in the EV industry. It is in a sheer infancy. First models only came out late 2010 and it takes a while to get traction. There is only one CUV model on the market (Mitsubishi Outlander PiHV) that is yet to come to the USA. There needs to be more of those. VW and others are on their way to doing a lot more.
Tesla is superior in arranging for financial news "articles, pump and circumstances". Nice car - a loss leader and no proof that they can follow through with longevity and profits. Especially while trying to convince everyone that their "battery mall" in the desert is going to work out. Battery mall because they are relying on their partner companies to basically move in and make batteries there and somehow cut costs. All working on a whiteboard right now. Will it be a ruse or an actual success - time will tell.
Now 100% odds it will be announced "some day" after the Friday market close.
Like all MuskGuidance(tm) - it must be considered wrong the minute it is given.
" they are able to supply nasa and private satellite companies with orbital launch missions at less than half of what it cost".......... and then put out your trotters for MORE MUNNY from the gummint and unwitting hedge fund members.
Oh, and don't ferget to BORROW MORE MUNNY :)
Ewon dude...you are a forking genius!!!!
Why isn't Tesla there?
Round Date Country ePrix
1 October 17 2015 China Beijing
2 November 7 2015 Malaysia Putrajaya
3 December 19 2015 Uruguay** Punta del Este**
4 February 6 2016 Argentina** Buenos Aires**
5 March 19 2016 TBD TBD
6 April 2 2016 USA Long Beach
7 April 23 2016 France Paris
8 May 21 2016 Germany Berlin
9 June 4 2016 Russia Moscow
10 Date TBD United Kingdom London
11 Date TBD United Kingdom London
Your comparison to leaf and volt are like Apples to Oranges but I did like your piece on how impossible it would be for the Big 3 to retool their plants for EVs. However you maybe over estimating Tesla's lead in the EV industry as I just read about one of their competitors theft of Tesla employees and how they are globally gathering investment money - so I wouldn't put a lot of stock (pun intended) in Teslas superiority.
Sounds like a great ride on smooth surface but how's it feel on rough roads as I watched Car Buy video and reviewer complained about harsh seating, noisy wipers, zero door panel storage and tiny cup holders. Personally I expect comfortable seating and need lots of store areas and that tiny rear window that makes objects appear squished doesn't sound all that appealing for everyday driving :(
Good point rusty. I'm not liken it either. NFLX didn't make it too the sky on high volume - last year always round 2ml when price in the 400's
The real reasons the major car makers are not trying to compete with Tesla are: 1. Inferior battery technology and no plan to match the Gigafactory. 2. Zero means of providing customers with charging infrastructure anything remotely close to Tesla’s Superchargers 3. (And most important) as Aug Hki implies, the majors depend on the ICE model of vehicles as an ongoing revenue source through the necessary extensive servicing that they see only loss of revenue if they were to join in producing EVs.
ICE (internal combustion engine) vehicle manufacturers have a problem with their dealer networks. Dealers make their money in the service bay and will never be motivated to promote low-maintenance EV’s. If Tesla’s competition is serious about EV production, they need to start building battery factories, develop fast charging capabilities and build a global network of fast chargers. (The current non-Tesla network of chargers are not fast). Tesla is nimble, everyone else is not and in 10 years when there are millions of EV’s on the road the “competition” will be late.
Although Tesla would welcome more EV production from all ICE vehicle makers. (Tesla wants to save the planet not make all the cars (money) – see Elon’s Oxford speech et al), traditional auto makers face other catch up challenges. Ford lacks an EV architecture. The existing Focus and other Ford electrics are based on ICE frames with too many compromises (lost storage space and poor handling) GM. The Bolt is all good, but there have been no SUV or midsize announcements from GM Chrysler lacks the capital to retool for EVs Toyota. Their ongoing fuel cell experiment (that will end badly) All Auto companies: Battery availability. Only Tesla has the ability to ramp up Li-Ion battery production in the quantities required. And Tesla still remains at least one generation ahead in battery technology application and they will probably keep this lead. Yes adoption rates are still low ,but market penetration of EVs will continue exponentially particularly when the more affordable Model 3 arrives. Many would buy a Model 3 sight unseen – including me.
ICE vehicle manufacturers have only ICE vehicle technology. They do not have EV technology. The idea that an ICE vehicle manufacturer could simply step in at any time and swat Tesla like a fly is well…ludicrous. The only way for Tesla’s competition to catch up is to adopt Tesla’s open sourced patents (including the Supercharger network). Who then would be “colonizing” who
Sentiment: Strong Buy
"EV’s are already over twice as efficient as ICE cars" -- Sure, if you don't include the original high cost (which just means that you have no idea of the actual true meaning of "efficiency").