by Tenpoundbass ➕follow (7) 💰tip ignore
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I'm in agreement with this assessment. Tesla is a complete shit show, but it doesn't matter.
- Tesla is making industry highest margins per car manufactured (with no EV credits)
- Tesla has unbelievable demand and is sold out for the year - despite spending nothing on advertising and marketing
- Tesla just opened 2 of the largest and most advanced manufacturing facilities on the planet (Austin and Berlin)
- Tesla has virtually no debt
I bought a few more Tesla shares this week. I plan on hanging on to them for at least 10+ years.
I expect over 50% of the traditional auto OEM's will be out of business within 10 years or will have license deals with Tesla to supply them with their batteries, software and motors.
Clueless:
- Tesla is making industry highest margins per car manufactured (with no EV credits)
- Tesla has unbelievable demand and is sold out for the year - despite spending nothing on advertising and marketing
- Tesla just opened 2 of the largest and most advanced manufacturing facilities on the planet (Austin and Berlin)
- Tesla has virtually no debt
He's clearly doing something right. No one gets to be the richest guy in the world by accident.
Seriously man? Tesla has never, EVER turned a profit. Strip away all their green government subsidies, and they are broke, and highly indebted. Or do you consider government welfare legitimate profit?
If you want to reduce energy consumption, cars should be limited to be about 500 lbs or below.
I think I remember some Patnetters saying they bought Twitter stock recently. Are you HODLing or selling now?
Keep in mind that Musk is a lying liar who lies, a documented serial hyperbolist, a free-wheeling fabulist and also a person who says things that are not true, routinely.
Did Trump contemplate a buy out of Twitter already and figured out it was a bad deal?
I agree with most of your takes Rich, but this is patently false. I need/have to tow stuff. That's not happening with a 500lbs car.
I also give no shits about the environment. There's no obvious change I've observed in my 39 years of life.
500 lbs cars though are not going to be a thing. I'll buy a horse before that.
Not true.
Tesla been turning major profits WITHOUT credits for over a year now and their Orders and Sales numbers are on an exponential growth curve trajectory now with the new factories coming on line. Every car manufacturer was given the same EV subsidies that Tesla got.
You got confused with Bill Gates, I think.
I bought a few more Tesla shares this week. I plan on hanging on to them for at least 10+ years.
I expect over 50% of the traditional auto OEM's will be out of business within 10 years or will have license deals with Tesla to supply them with their batteries, software and motors.
For Tesla to be successful the roads will be a sea of white bubbles.
That is losertalk, my friends.
This sums up this thread:
“When you're dead, you don't know you're dead. The pain is only felt by others. The same thing happens when you're stupid.”
esla can build their cars in under 10 hours using their new gigapress technology while Volkswagen takes 30+ hours.
Patrick says
He's clearly doing something right. No one gets to be the richest guy in the world by accident.
Royalty? Ppl born with the last names like Westinghouse, Ford, Disney, Rockefeller, Vanderbilt and nowadays Gates?
I miss the 1990's. Such a company would have been abandoned and burned to the ground in a few months.
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