There is a reason why they build factories of this magnitude that produce low margin products in low cost countries. The cost overruns to do the build out and the labor to run the factory in U.S. will make this a money losing proposition.
The analysts need to change the story since selling 35,000 cars in 2014 won't cut it. GM sells 26,000 cars per day and Tesla will sell 35,000 in a year. So lets change the story that Tesla will be a Electric utility without absolutely zero facts and projections out to 2028. Amazing
Autombile world we changed the narative to make this a battery company and upped our target to $320 without any details on when what where and how much. They have no financial modeling even to base this target price. These guys are worse than the penny stock frauds created by the wolf of wall street.
Into a positive event. You are witnessing a collaboration between broker and company. Musk handed jonas the script .
For the multibillion $$ capital raise. What a bunch of hoars.
My prediction is that a capital raise will be announced next week during the Giga Factory announcement. They did not want to talk about it yesterday.
the Model S fires would I wrap up my investigation without looking into the details of the Toronto garage fire ?
Even though the NHTSA does not have jurisdiction in Canada they will want to see the data from this fire before making their determination.
He will let his insurance company do his bidding to get his car and garage fixed without strings attached.
Yeah he is saying look at the damage to this perfectly good wall that this faulty designed Tesla caused.
Also do not forget all the $40,000 cash deposits Tesla received from the Model X are being used to fund current operations. So assuming a average selling price of $100,000 they will only be getting $60,000 in cash at the time the cars are delivered over a year from now. These cash deposits are making the poor current cash flow actually seem better than it actually is.