Posted on 04/04/2018 6:46:04 AM PDT by all the best
Why would that affect Tesla? Read your own verbiage and explain why it applies to Tesla. It’s not like they make gas-powered cars necessitating another product to average the MPG up across corporate production.
What you EV Derangement Syndrome types overlook: electric cars are cool. They’re quiet, high torque, simple, allow a variety of energy sources (important for off-grid living), cheap to run, and innovative. If you’d get off the froth-at-the-mouth hysteria (based on Greenies liking them) you might just discover they’re _fun_.
Tesla is also intriguing because it’s a rare upstart that’s seriously taking on massive established players in a huge expensive industry. I’m all for periodically rebuilding product lines from total scratch, from first principles.
...but I digress. Your screed has nothing to do with Tesla ... but has everything to do with other major auto makers who are half-heartedly producing EV lines only to comply with stupid CAFE standards.
Only if it’s “take the money and run” like Solyndra.
Tesla is actually working hard to be a serious player in the automotive industry.
If your legislators insist on throwing truckloads of cash their way, can’t fault ‘em for accepting it. (You DO take all the deductions you can on your taxes, RIGHT?)
Tesla ain’t working hard at anything except driving their workers to produce crap
All of the supposed innovations they were going to use went out the window as soon as the boss man made promises that couldn’t be kept
“How would his businesses do without those massive subsidies?”
Very well.
He has a long-term goal, and major milestones to get there. Of course he’s going to leverage every opportunity available to traverse that path. The man is serious about building a city on Mars, and has made clear he needs to earn mountains of cash (and re-invent basic technologies) to get there; achieving it means starting businesses which will in themselves earn huge profits (like capturing a significant fraction of the automotive industry), then plowing that money into the next venture (like he did with PayPal).
The whole “Musk is a con man” meme is deranged.
Con men do not create multiple industry-changing companies (like large-scale alternatives to: digital payments, home power, automobiles, space travel, tunneling, man-machine interfaces, AI, etc).
Can you back up that with _any_ objective reasoning?
Yes, he set aggressive goals. The difference between producing 2000 cars per week vs 5000 is a matter of efficiency & scale - not to be confused with producing completely different products.
Innovations are hard to implement. He’s pushing to do a lot, at the same time, fast. That’s part of business (something I’m dealing with at work right now). Taking on hard goals is different from flippantly making impossible promises with no intent on achieving them.
“Tesla ain’t working hard at anything except driving their workers to produce crap”
People don’t pay >$75000 for “crap” cars that get extremely high & consistent reviews and long waiting lists.
People don’t pay $1000 to get on multi-year waiting lists (by the hundreds of thousands) for >$35000 “basic sedan” versions of the same cars.
I’d like very much to hear _why_, objectively, the Musk Derangement Syndrome people think Tesla cars are “crap”. Been waiting for years.
>>Taken to the extreme, if he sells all of his stock, he has no investment in Tesla, and therefore he has simply lost all of his money.<<
Personally, I think he’s going to lose all his money anyway because Tesla is a financial basket case right now. It’s debt has been downgraded and there are no earnings on the horizon.
That said, he won’t necessarily out if he sells his stock to save the company. If Tesla eventually does very, very, well with Musk still at the helm his recent contract guarantees him almost unimaginable wealth in the form of additional stock awards. I’m not going to bother searching for the details because I think the stock will be at zero in a couple of years after Tesla declares bankruptcy, but his contract provisions should be easy to find with a search.
>>Taken to the extreme, if he sells all of his stock, he has no investment in Tesla, and therefore he has simply lost all of his money.<<
Personally, I think he’s going to lose all his money anyway because Tesla is a financial basket case right now. It’s debt has been downgraded and there are no earnings on the horizon.
That said, he won’t necessarily out if he sells his stock to save the company. If Tesla eventually does very, very, well with Musk still at the helm his recent contract guarantees him almost unimaginable wealth in the form of additional stock awards. I’m not going to bother searching for the details because I think the stock will be at zero in a couple of years after Tesla declares bankruptcy, but his contract provisions should be easy to find with a search.
Sorry, should have been “...he won’t necessarily lose out if he sells...”
“I’m still holding out for a Jetsons’ flying pod.”
Ha! I’m holding out for an ELECTRIC, SELF-DRIVING Jetsons’ flying pod!
“Musk is very good with rockets but no so good with cars.”
batteries are harder than rockets ...
“(the tucker 48) ceased operations on March 3, 1949, due to negative publicity initiated by the news media”
i thought it was the SEC that put Tucker out of business by claiming that accepting advanced deposits was the same thing as selling illegal securities, the EXACT same thing that Musk is doing for the Tesla ...
tesla fender bender repair cost reports:
https://teslamotorsclub.com/tmc/threads/owner-experience-body-repairs-after-fender-bender.104822/
“VW Group’s Audi e-Tron”
great. an Audi with even MORE electrical problems than usual. Just what the world needs ...
“Musk is very good with rockets but no so good with cars.”
batteries are harder than rockets ...
...
Yet Tesla has a market capital value about twice that of SpaceX.
“but the stupid engineering decisions”
my auto mechanic who’s a good friend told me a few years ago that VWs at that time would have to be towed to the dealership for a full factory reset if you depressed or moved any of the controls like brake pedal while the battery was disconnected because the CPU would only remember the old locations ...
“Yet Tesla has a market capital value about twice that of SpaceX.”
and BitCoin market cap is $116 billion right now ...
The Big White Elephant In The Room related to electric cars never gets discussed. Where will the battery regeneration power come from? By that I mean they must recharge off the national power grid. Electric Cars are not the answer. Focus more R&D on gas propulsion powered. By gas I mean gases such as Hydrogen. Find a safe way to contain it suitable for MVA impacts and a way to use it as fuel for engines. That is the future past oil. Electric cars simply are not.
>> If Tesla eventually does very, very, well with Musk still at the helm his recent contract guarantees him almost unimaginable wealth in the form of additional stock awards. <<
Excellent point! He could earn TEN BILLION!
sooo,
How many billions of American tax dollars been given to this Musk guy?
Obammy’s favorite charity case.
How much was each Tesla vehicle subsidized? Criminal it is, criminal.
And REAL car companies had to try to compete with this subsidized boondogle.
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