Gov. Polis ruined Colorado.

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ttystikk

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TESLA MODEL 3 ORDERS OPEN IN AUSTRALIA, HERE IN AUGUST

Scott Collie
JOURNALIST

That's right, the Model 3 is finally available for order Down Under. Deliveries are on track for August, and anyone can put their order in right now.
https://www.caradvice.com.au/756651/tesla-model-3-australia-2/
I'm not the only one who thinks Tesla is in a bind;

https://wolfstreet.com/2019/05/28/how-a-low-share-price-would-be-fatal-for-tesla-and-why-musk-has-to-pump-it-up-come-hell-or-high-water/
 

TacoMac

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That you even went to "the street" to get that has me worried about your mental state.

You should get a tetanus shot just for clicking the link.
 

Grandpapy

Well-Known Member
Yeah there are a lot of subsidized petro dollar funded hit pieces aimed at Tesla. Your tax dollars at work.....
The U.S. Should Ban All Electric Cars in the Interest of National Security.....
https://www.thestreet.com/opinion/us-should-ban-electric-cars-national-security-14974849
That you even went to "the street" to get that has me worried about your mental state.

You should get a tetanus shot just for clicking the link.
Freedom Gas.

??? Who do you think is funding that site?

Some opposite opinion perhaps from the other side of the planet.

Today’s Buick has four models that are made in China, sold in the states: Cascadia, Envision, LaCrosse, and Verano. These are all gasoline cars, so you know in the scale of things where and how far GM will go with China and electrics. Buick plans a sub-brand, very much like Denali does for the GMC division, called Avenir, an all electric line most likely, with their flagship sedan you see here as the showcase vehicle. You know this model is made for China, and most likely, will be built there with eyes on the American market.

Money talks. How American is your Apple Pie?
 

ttystikk

Well-Known Member
GM already builds more cars in China than in the United States. This is a trend I don't see changing.

GM built over 667,000 cars in Mexico last year and is on track to build about 750,000 there this year.

Rising tariffs will cost the average American car buyer a small fortune- which will hurt the industry in ways our friendly local ruling elites haven't considered. Class warfare has hurt the 90% for decades but the chickens will be coming home to roost very soon.

America is the richest nation that ever was. At this rate, we will not be able to to say that for much longer.
 

doublejj

Well-Known Member
Tesla pickup truck’s starting price to be $49K at most, undercutting Rivian’s R1T
At a starting price of $49,000 maximum, the Tesla pickup truck will undercut the Rivian R1T, an all-electric truck that has been critically-acclaimed since its unveiling last year. Compared to the Tesla truck, the R1T will carry a significant premium, starting at $69,000. That said, it should be noted that the Rivian R1T is entering the market as a luxury adventure pickup truck, which could also suggest that the Silicon Valley-based electric car maker is going for another demographic with the Tesla Truck.
In a series of tweets last year, Musk noted that the Tesla pickup would have six seats, 400-500 miles of range per charge, dual motor AWD, a 240-volt connection for heavy-duty tools, and up to 300,000 pounds of towing capacity, to name a few. Nevertheless, considering the vehicle’s starting price, Tesla seems to be looking to release a version of the vehicle that is specifically aimed at customers that need functionality and utility.
https://www.teslarati.com/tesla-pickup-truck-price-elon-musk/
 

ttystikk

Well-Known Member
As of February 2019, Rivian employs 750 people.....I don't think Tesla has much to fear(:
Rivian is backed by Amazon and Ford. They have expertise from McLaren. They're going to sell well designed electric vehicles into the very strongest and most profitable segments of the automotive market.

That's competition Tesla had best take extremely seriously, to say nothing of coming offerings from Porsche Audi VW, Jaguar, Volvo, Ford and many more. 'Apres moi, le deluge'.

Tesla's track record of delivering new vehicles on time at the promised price point is just about zero. I'm sure their new pickup will be a great vehicle- and that it will follow the same pattern.

The short sell story on Tesla is strong. That doesn't mean Tesla can't survive but it does mean they better straighten out the company's fundamentals while they still have room to maneuver.
 
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doublejj

Well-Known Member
GM and Fiat Chrysler Unmasked as Tesla's Secret Source of Cash.....
Tesla’s Haul
Tesla has generated almost $2 billion in revenue from selling regulatory credits since 2010. Its home state of California has a mandate that requires carmakers to sell zero-emissionvehicles, or ZEVs, in proportion to their share of the state’s auto market, which is the largest in the country.

If manufacturers don’t sell enough non-polluting vehicles, they have to purchase credits from competitors like Tesla to make up the difference. A similar credit system is administered at the federal level by the EPA and National Highway Traffic Safety Administration.


In addition to reporting $216 million in first-quarter revenue from the sale of regulatory credits, the carmaker disclosed in an April filing that it had booked $140 million in deferred revenue related to credit sales.

It’s unclear from the filing whether that revenue relates to the U.S. agreements that Tesla reached with GM and Fiat Chrysler, or the EU deal with Fiat Chrysler. Tesla hasn’t reported deferred revenue of credits in past quarterly or annual financial filings.

https://www.bloomberg.com/news/articles/2019-06-03/tesla-s-secret-source-of-cash-unmasked-as-gm-and-fiat-chrysler

Elon Musk playing chess, while other car makers playing checkers...
 

ttystikk

Well-Known Member
GM and Fiat Chrysler Unmasked as Tesla's Secret Source of Cash.....
Tesla’s Haul
Tesla has generated almost $2 billion in revenue from selling regulatory credits since 2010. Its home state of California has a mandate that requires carmakers to sell zero-emissionvehicles, or ZEVs, in proportion to their share of the state’s auto market, which is the largest in the country.

If manufacturers don’t sell enough non-polluting vehicles, they have to purchase credits from competitors like Tesla to make up the difference. A similar credit system is administered at the federal level by the EPA and National Highway Traffic Safety Administration.


In addition to reporting $216 million in first-quarter revenue from the sale of regulatory credits, the carmaker disclosed in an April filing that it had booked $140 million in deferred revenue related to credit sales.

It’s unclear from the filing whether that revenue relates to the U.S. agreements that Tesla reached with GM and Fiat Chrysler, or the EU deal with Fiat Chrysler. Tesla hasn’t reported deferred revenue of credits in past quarterly or annual financial filings.

https://www.bloomberg.com/news/articles/2019-06-03/tesla-s-secret-source-of-cash-unmasked-as-gm-and-fiat-chrysler

Elon Musk playing chess, while other car makers playing checkers...
Meanwhile the stock is down again.

He booked that income on the one and only quarter Tesla declared a profit. That money, along with billions more, has long since been spent.

He needs to keep share prices up in order to keep attracting more venture capital, loans, issuing bonds, etc. That's not going well, as just today his stock is down by half from its high.

An electric car is fundamentally not hard to manufacture; it's a rolling chassis with an overgrown battery and starter motor. That's it. All the bells and whistles are at best a distraction from that fact.

Those 'checkers players' have been building cars for as much as a century. He's on their turf, not the other way around, and they're coming.

Musk has indeed changed the world and delivered some amazing innovations. That won't save him if he doesn't master the art and science of building cars profitably, and soon.
 
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