Tesla unveil Semi, new Roadster, & also teased a "pickup truck"

[aturnis]

Originally Posted by Inmem58

Gotta charge my car then we can leave. No thanks.

It'll be at full charge everyday when you wake up.

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[MIAdragon]

Originally Posted by In58men

Gotta charge my car then we can leave. No thanks.

It's no different than getting gas

[Simply Red]

Tesla is going out of business. They've already announced it - I didn't read the whole thread - but it's all over the web.

[BWillie]

Originally Posted by Simply Red

Tesla is going out of business. They've already announced it - I didn't read the whole thread - but it's all over the web.

They used to say Amazon was an unprofitable venture and was going out of business. Now Jeff Bezos is the richest man in the world. Tesla has too much Google money and other rich peoples investments to fail I think.

They are just currently not profitable and struggling to produce as many Model 3's as they hoped. They'll eventually produce enough, and they have more than enough demand to become profitable eventually and as more EV infrastructure and superchargers become available and seen by the public. Every day EV cars will become more and more acceptable, and sought after. Less Billy Bobs who want to hear their engine go vroom vroom and the smell of gas, and more nerds who care about the environment and innovative tech.

[vailpass]

Originally Posted by BWillie

They used to say Amazon was an unprofitable venture and was going out of business. Now Jeff Bezos is the richest man in the world. Tesla has too much Google money and other rich peoples investments to fail I think.

They are just currently not profitable and struggling to produce as many Model 3's as they hoped. They'll eventually produce enough, and they have more than enough demand to become profitable eventually and as more EV infrastructure and superchargers become available and seen by the public. Every day EV cars will become more and more acceptable, and sought after. Less Billy Bobs who want to hear their engine go vroom vroom and the smell of gas, and more nerds who care about the environment and innovative tech.

They are unsustainable in their current form. If they don't figure out how to lower the price enough to be able to sell sufficient quantity and how to produce said sufficient quantity they will die or change.

[aturnis]

Originally Posted by Simply Red

Tesla is going out of business. They've already announced it - I didn't read the whole thread - but it's all over the web.

Yeah. It's terrible reading the incredibly biased and I'll informed opinions of the Wall Street power brokers. Literally 9 of every 10 stories that come across the wire are negative. Give no credit for 100X growth over 5 yrs, or forcing the entire auto industry to admit defeat and invoke plans tho electrify their entire fleets by 2020.

Truth is, traditional auto makers see profit margins of around 5-7% on moist all offerings outside of trucks. Tesla enjoys 25% margins, and expect to replicate that with the Model 3.

"If they really have high margins, then why do they lose money every quarter?". Henry Ford lost bookoo bucks pouring together the supply chain for the Model T, but it had to be built in order to achieve his vision. Tesla is growing at a faster rate than Ford did btw.

Fact is, if Tesla wanted to be profitable, they would just need to stop growing. That's be fine, if you're fine with producing 100,000 cars a year, but that doesn't really move the needle does it?