Because to his cheerleaders he is a GOD. Every time he comes up with a fart, they swallow. Remember last time he solved "the range anxiety"?
"Dramatically improve the convenience and enjoyment of road trips and your commute by automatically piloting Model S at highway speeds and in stop-and-go traffic. Autopilot enables Model S to match your speed to traffic conditions, steer around curves within the lane and automatically changes lanes with a tap of the turn signal. Summon, a recently released Autopilot feature, enables Model S to automatically park and unpark itself, opening and closing the garage door automatically. Model S can also scan for parking spaces, alert you when one is available and parallel park on command."
I don't see anywhere that driver MUST place both hands on wheels and be in 100% control. And they keep claiming 130M miles driven in autopilot mode. What does that mean? What is the breakdown w/ and w/o hands?
So, it is PERFECTLY okay to sell it for $2500 by giving the impression that autopilot is indeed autopilot. But when when people die, then "oh no it is not auto .. .. you paid us $2500 to be our lab rats". I guess Tesla owners actually deserve this treatment.
Very good argument. BMW and all other big companies don't need to make money on a given car because they make a ton on others. Basic business strategy. And you are applying that to MS? Brilliant.
WOW so you know for fact that they are willing to loss $8500 per car just because demand is sky high? And regarding so called growth, do you know making profit actually matters? Do you know the chance is very real none of the M3 will get full tax credit? Do you question anything? Or just take everything they feed? They say 130m miles driver on autopilot. What the F that means? Did everyone had both of their hands on the wheels? I mean were drivers in 100% control as they are now claiming? If that is true then can you call "autopilot"?
Anyway, your money. Just keep a rug under. I would love to see it at trillion dollar valuation. And I would love to see when they acquire SapceX to transport cars to Mars. But they may not need that as Tesla has wings and someday they will figure to fly you don't need air. You just have to trust.
Guys, is there anyone who can explain 8500 price reduction other than demand is not there? Give me just one reason please.
Yes, I finally got what you have got. Good for you. For me, Elon is not worth a penny of my heard earned money.
You are probably right; but who cares? Specially MS pricing of 8.5k less is VERY fishy. If there were any robust demand then no one will do it. I would just watch and enjoy the show. Seen it before. SO called LARGEST solar developer blah blah blah; took just few months to go to ZERO from almost 10B.
Very fishy. Should shot way up or way down. Over last few weeks, one thing is absolutely clear; Tesla "investors" do not have any expectation whatsoever. Even if it takes 100 years to make a real profit, they will be fine. I am amazed and entertained.
Of course they know it and that is the point. They know exactly how "smart" their buyers are. Be it stock or car.
So that I can scoop some puts relatively cheap. May not happen though.
Don't worry, they will keep writing checks. Amazing but it will continue I guess. They still believe 500k by 2018 will happen when history says Elon lies EVERY single time.
Oh no, then how can prophet Musk get 2.5M more Tesla shares? Every time TSLA gets diluted, one person owns more of that that company. Guess who?