They might as well tell us that they have a fleet of Iron Man robots that will build the cars in Q3 and labor costs will drop to zero.
I would love to see an analyst call BS during the call and have Musk get so upset that they drop the call.
If they did make a laughable 90K cars in 2016, which is total fiction, who would buy them?
Market is near saturated already. Maybe if they made a line of light trucks? Never happen.
Save money on guzzlers? You can buy a new car for 20K. Why pay 130K? Who can pay 130K?
Its just silly to abuse the concept of saving money in reference to owning a Tesla.
Tesla is a luxury vehicle for the very few that can afford 100K plus cars. Get serious!
And the sheep believe him. The more cars they make, the more they lose. Has nobody spotted this correlation?
I am totally unsurprised the stock went up.
Well if that is part of the terms of sale, then so be it. I do think all would depart if business is sold.
6.8B plus 7B for YJ, plus 25B for BABA.
Thats 40B right there.
Whats the business worth? Gotta be 5B. Eric Jackson says 15B possible if run properly.
Thats 45B to 55B in value. We can see that value if the company is properly marketed for sale.
A proxy fight guarantees MMs departure.
Obviously a purchase would release the value locked in this beast.
Until then we should drift up a bit.
Lets also not forget how undervalued BABA is down here at 65.
Never will China allow Teslas to be built in China unless Musk makes concessions so horrific it will make him give up on the idea.
Oil is abundant and inexpensive. When that changes, you can discuss the merits of electric cars. Until then you are profoundly stupid and your Tesla investment will bankrupt you.
It was less than 1.7 trillion over the span of 14 years.
Do liberals think they can just lie and not be caught and humiliated for the frauds they are?
BTW, Obama overspent over 8 Trillion in 7 years. Less than 500B of that on Iraq and Afghan.
Well played sir. I knew the news was coming today. Its the only point to earning, which are tiny is to announce future plans for sale and revaluation of our languishing assets.