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Tesla Motors, Inc. (TSLA) Message Board

  • jrussell823 jrussell823 Jul 28, 2010 11:16 PM Flag

    Here's why I bought TSLA

    I am speculating on TSLA, bought only what I can afford to lose. Here's my observations: Some pretty smart guys have tried to start new auto companies in the past. Crosley, Tucker, Delorean and others have tried and failed, even with some good products and ideas. I don't think Tesla can be successful on their own but I am hoping that the government will prop them up long enough to get into real production. Also, their patents and technology may attract a major automaker into a buy-out or joint venture. If anyone comes up with a practical battery they will be in a good position to run with it. So, I think we are going to either go bust or hit a home run. It is a wonderful story and I hope they make it. JMHO

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    • It's great to see an investor with their eyes open rather than mindless cheerleading.

      I like Tesla's position as an R&D and a specialty car company. There is plenty of opportunity for R&D contracts from the government (sorry, Tex) and from industry (like Toyota).

      But what scares me the most is their pursuit of a mass-produced vehicle. The investment on facilites, infrastructure, supplier development, warranty, etc. is going to kill them. It killed Delorean. It killed Bricklin.

      To pull off the Model S, they will need some very serious investment money. I'm not sure where it will come from except the government.

      So just keep an eye on their revenue sources and you should be in good shape.

    • Well stated.

    • "but I am hoping that the government will prop them up long enough to get into real production". you mean you want the taxpayer to prop them up. your citizenship as a texan has automatically been revoked with that kind of remark.sad sad sad

      • 3 Replies to a2bruta04
      • 2brura4u: Yes, I get it, I am a taxpayer (as opposed to welfare recipient) too. This technology, if successful, could prove to be the best investment the govt ever makes. If it fails, its just another folly. I don't want to use this board for political bantering. Let's keep the comments informative about Tesla.

      • 2brura4u: Yes, I get it, I am a taxpayer (as opposed to welfare recipient) too. This technology, if successful, could prove to be the best investment the govt ever makes. If it fails, its just another folly. I don't want to use this board for political bantering. Let's keep the comments informative about Tesla.

 
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