They lose $14K/car (GAAP) now on $110K cars. But they will turn profitable in two to four years with a $35K car. Right. In the meantime you can expect a series of 500M secondaries - two or three a year for along time.
Now you sound like a car dealer. We've always sold our cars privately and NO one worried about those things. And horror of horrors - we've also bought cars privately.
This is penneyman who hates the slovenly behemoths and disgusting blue hairs.
"He believed back to school shopping helped JCP PPS"
Too bad JCP doesn't release monthly sales numbers so you could know.
or (if I were posting under my market id)
Two bad JCP doesn't release monthly sails numbers so you could no.
They covered the shorts they started in the 80s, 70s, 60s, 50s, 40s, 30s, 20s, teens and retired rich.
For the record I didn't predict a JCP price of zero. I said that jimringo was a zero. I stand by that statement.
That little car might (doubtful) be able to tow 5000 pounds. The question is how many pounds can it brake.
" You're ability to tell the future "
" I am much more intelligent than you."
Sort of says it all.
"most buyers will not be living in the sort of budget condos whose HOAs look and act like guests on the Jerry Springer show"
The limousine liberal contempt for anyone who has to pay for Tesla subsidies and regulations.
Recent graduates are working mainly as baristas. Maybe they can charge up in the Starbucks parking lot.
"Before you spend too much money on your apartment complex"
You don't really believe someone that ignorant is building an apartment complex, do you?
Elon figures you can buy a cheapo house near LA for $700K and use it for charging.