There are tens of thousands auto dealers with one room, one garage in the countryside. Cost little to start a dealership.
Tesla wouldn't do it I think is becasue they will have to make public company information ,legal ,financial, warranty, .maintenance , .......secrets, skeletons in the garage. Something they want to hide. Also free them from future lawsuits . If the cars stop selling ,those dealers will sue them.
This combined with Haussecker report this morning Imetelstat's chemical compound has a half life of one month. Similar compounds toxic effect are all reversible after one month.
There is no justification for this trial stoppage. The FDA has to be influenced by big pharma's lobby.
"At least one abnormal liver function test (LFT) was observed in laboratory findings in all patients. The majority were Grade 1 elevations in alanine aminotransferase (ALT) and aspartate aminotransferase (AST); two Grade 3 increases in ALT/AST were reversible on dose reduction. With longer dosing, Grade 1 increases in alkaline phosphatase were observed, associated with mostly Grade 1 to some Grade 2 unconjugated hyperbilirubinemia. LFT abnormalities do not appear to progressively worsen over time. No liver injury symptoms were reported and no patients discontinued study treatment due to enzyme elevations.
Find it on the net. Very helpful. He thinks the toxic effect is reversible after one month. Even though he doesn't think Imetelstat will be effect cure.
Geron needs a big dog pharma ally to fight the Jako Clan. The secondary was a mistake. Shoulda sold rights to big pharma who can protect them.
They raised 90 million in the secondary. Had 70 million late last year.. I guess they have over 150 million today. Market cap is now 190 million.
They franchise a dealership they will have to let out some company secret. Car 's maintenance ,safety, warranty issues. Sales and backlog and financing issues. Advertizing ,promotions, rules, regulations. Legal issues.
How many are on order from what region. Looking at their sales number is meaningless without knowing their backlog number. We know thay had a big backlog when Model S sale started. Supposedly they are working down the backlog.
If they sold 2000 cars but backlog dropped to 200. That is not going to look pretty.
They have yet to make one that last more than 1 to 2 years in a laptop. Why shoudl we believe it will last longer than that in a Tesla. Tesla cars are just beginning to reach this 1 ,2 yr milestone. I think the bad news flow will start soon.
First stage will be denials. There are no problem. Then Tesla will blame customer, then blame climate, then blame the charger, then blame China, then blame Obama,.......The end stage happens after stock dropped to $5. Musk will tell you its all Panasonic's fault.
After yesterday's drop Tesla is due for a good bounce. We had that in the morning. Now she's going down again. She's making new low today. There will be no bounce tomorrow, Next support level is 220. Tesla could bounce 7 pt from there. I think we go all the way back to 150 if there are no genuine good news.
Panasonic supplied a lot of lithium laptop batteries. From HP to Lenovo I think every brand use them. I've had several in mine. They don't last more than two years.
If Panasonic couldn't make it right for laptop. Why should anyone believe their claim of longevity in Teslas which face crueler environment.
on Lithium battery life expectancy closer to cell phone,laptop battery than Toyota hybrid Prius battery is realized. Their batteries just beginning to reach the 1 to 2 year half life limit of cell/laptop batteries.
I think this is all tied to Tesla needing the Gigafactory and the plan to make batteries an exchange item like your BBQ propane tank.