New TVR still under wraps!

[Monkeylegend]

Penelope Stopit said:

Monkeylegend said:

So in order to state this you presumably know what the actual situations is then, so please tell.

If not, which I guess is the case your view is no more valid than anybody else's and this is an open forum, so stop trying to stifle the aspects of the debate you don't like.

Have you read all the post's?

Not all 393 pages , but I do apologise for not having read every word

Have you read them all?

[anonymous-user]

What’s bloody sad about this is the hard won deposits are being returned but by bit.

[Jhonno]

V6 Pushfit said:

What’s bloody sad about this is the hard won deposits are being returned but by bit.

As I am sure is what happens with any new car that takes deposits early on..

[baconsarney]

So, thought I'd have a look at https://www.tvr.co.uk as I've not visited for a while. It says it's accepting deposits, but it still has no news or update pages, and looks to have not been updated at all during 2018.

Now, I didn't put a deposit down, for a number of reasons, but, I was totally behind the venture, it was something exciting.. I've had involvement with TVR's since I worked for Caterham in 1970 (they were a TVR main agent back then), and I've now owned my Chim for nearly 9 years, and met a lot of great people as a result

I still seriously hope the current 'issues' are resolved, and all the guys and gals who've put deposits down do get their dream car soon....

I would just say though, that what appears (to me) to be a lack of information coming out of the venture is very, very disappointing, and is (IMO) seriously damaging the credibility and public face of the organisation and its leadership team.

Maybe the deposit holders are getting info from the company the rest of us aren't...

Anyhoo, Les, if you read this, for Gods sake speak up......... you still have massive support at the moment....

[spagbogdog]

Monkeylegend said:

spagbogdog said:

Autodesign said:

I feel we are almost friends now! havent been on here for a while but it seems that the christmasTVR lights for deposit holders are starting to come on! The realization that deposits arent safe, lack of funding, potentially no factory/ delays for 2 years etc etc.My personal opinion is Les wont let deposit holders lose out and i have a hunch he will foot the bill. But i fear in the short term the reality is that the company only has a few hundred k in the bank and not enough funds to return to deposit holders.In short they are in a pickle and it gets worse day by day. When you get the national news picking up on things its really bad! Oh and where is the big announcement?! - There isnt one!Well i think there is but its not the one everyone is expecting.

You still have not answered my prior questions..?
The reason...
Because you know nothing !
Everything you come out with is guesswork and idle speculation.
Please stop and get on with playing with your Lego.

So in order to state this you presumably know what the actual situations is then, so please tell.

If not, which I guess is the case, your view is no more valid than anybody else's and this is an open forum, so stop trying to stifle the aspects of the debate you don't like.

My “case” is to ask AD the same question I asked him 2 weeks ago..when he stated for a fact that he knew the Venture~Capitalists that had turned down TVR.

I ask him again:
Specifically WHO and WHEN..?????????

[Monkeylegend]

spagbogdog said:

My “case” is to ask AD the same question I asked him 2 weeks ago..when he stated for a fact that he knew the Venture~Capitalists that had turned down TVR.

I ask him again:
Specifically WHO and WHEN..?????????

You also told him to stop posting.

We have read some of your alcohol induced, cringeworthy posts and love poems to your friend Les, but nobody has asked you to stop posting

[baconsarney]

These
'I know stuff you don't'
'You know nothing'
'you're just guessing/speculating'
etc etc....

Really are fecking tiresome/boring/posturing rubbish....

I'd suggest that unless you hear it from Les you're all just guessing/point scoring..

Properly getting on my tits

[Monkeylegend]

It's what 's not being said. Radio silence is not a good way of endearing your potential customers in a situation like we have currently. It does lead to speculation and people will always draw maybe the wrong conclusions, but there is a very easy way of TVR stopping this.

It would be good to hear from TVR don't you think?

[spagbogdog]

Monkeylegend said:

spagbogdog said:

My “case” is to ask AD the same question I asked him 2 weeks ago..when he stated for a fact that he knew the Venture~Capitalists that had turned down TVR.

I ask him again:
Specifically WHO and WHEN..?????????

You also told him to stop posting.

We have read some of your alcohol induced, cringeworthy posts and love poems to your friend Les, but nobody has asked you to stop posting

I asked him to tell us the facts that he knew about
No alcohol from me I’m afraid

[Monkeylegend]

spagbogdog said:

No alcohol from me I’m afraid

Not at the moment

[baconsarney]

Monkeylegend said:

We have read some of your alcohol induced, cringeworthy posts and love poems to your friend Les,

[unrepentant]

Wacky Racer said:

unrepentant said:

ahpboxster said:

In many ways it is the same speculation that followed the Model 3 Tesla, but deliveries start next year to Europe. They had no factory, lack of supply chain, scaling issues etc etc.

Anything that is not in production always looks more risky.

It's completely and utterly different. Tesla were making and selling the Model S, the Model X was on line and it's a public company with assets (in 2017) of $28 billion! TVR is an idea with one car, no balance sheet and nothing much else apart from a few million quid of other people's money that has already been spent.

Oh, and the Model 3 is already on the roads here (USA) and has been for a while.

Hi 'rep

I know you had a couple of nice TVR's (One caught fire in your drive, I seem to recall), when you lived in God's own county

Just as a matter of interest, if you lived in the UK now, knowing what you know, would you put 5k of your hard earned down for the new car?

Hi Wack.

Yep, Tuscan, Tuscan 2 and Sagaris. Watched my T2 being built and with my friend Lady Topaz helped to redesign the dash pod which you couldn’t see in sunlight. Visited the factory a few times including the last time in convoy with a hundred or so others.

The Sagaris was the last TVR. This car, if it’s ever built, has no TVR DNA beyond the name. So no, I would have no interest in owning one.

[ahpboxster]

unrepentant said:

ahpboxster said:

In many ways it is the same speculation that followed the Model 3 Tesla, but deliveries start next year to Europe. They had no factory, lack of supply chain, scaling issues etc etc.

Anything that is not in production always looks more risky.

It's completely and utterly different. Tesla were making and selling the Model S, the Model X was on line and it's a public company with assets (in 2017) of $28 billion! TVR is an idea with one car, no balance sheet and nothing much else apart from a few million quid of other people's money that has already been spent.

Oh, and the Model 3 is already on the roads here (USA) and has been for a while

Really It’s not that different, burning through money, factory had to be built, needed funding to continue, delays, production issues, hadn’t turned a profit. The fact it is on the road (as you pointed out) actually proves my point, despite all this and the constant doubters it can be done.

In fact Tesla is loss making. They also had millions in deposits before the delayed car became available and plenty of speculation they would run out of money.

Stories of cancelled deposits outstripping new deposits etc etc

Assets don’t mean a lot unless you look at complete balance sheet. And despite you saying the S and X were available they would never be protifable or viable in their own right without the Model 3, which they fully admitted.

So I would have to disagree with saying it is utterly different, maybe different scale, similar stories of doubt and speculation.

[Monkeylegend]

ahpboxster said:

unrepentant said:

ahpboxster said:

In many ways it is the same speculation that followed the Model 3 Tesla, but deliveries start next year to Europe. They had no factory, lack of supply chain, scaling issues etc etc.

Anything that is not in production always looks more risky.

It's completely and utterly different. Tesla were making and selling the Model S, the Model X was on line and it's a public company with assets (in 2017) of $28 billion! TVR is an idea with one car, no balance sheet and nothing much else apart from a few million quid of other people's money that has already been spent.

Oh, and the Model 3 is already on the roads here (USA) and has been for a while

Really It’s not that different, burning through money, factory had to be built, needed funding to continue, delays, production issues, hadn’t turned a profit. The fact it is on the road (as you pointed out) actually proves my point, despite all this and the constant doubters it can be done.

In fact Tesla is loss making. They also had millions in deposits before the delayed car became available and plenty of speculation they would run out of money.

Stories of cancelled deposits outstripping new deposits etc etc

Assets don’t mean a lot unless you look at complete balance sheet. And despite you saying the S and X were available they would never be protifable or viable in their own right without the Model 3, which they fully admitted.

So I would have to disagree with saying it is utterly different, maybe different scale, similar stories of doubt and speculation.

I would say it is very much different in terms of each companies abitity and "offering" to attract investors which is what TVR apparently need to do.

Tesla have not had that much difficulty attracting billions in investment because of their leading position in the EV market.

TVR's market place is somewhat different, and I would suggest a much worse medium to long term risk.

[plfrench]

V6 Pushfit said:

So Schmee - what’s going on ??

It would appear Schmee is considering an M850i as a stop gap. At least that was my interpretation of a comment he made in a video a couple of days ago.

He mentioned that with him getting an AMG GT-R Pro to replace the AMG GT-R and with a 'certain car' being delayed for a while, he'd need something to tide him over for where he'd need a coupe with a bit of practicality (i.e. without a roll-cage! ).

[ahpboxster]

Monkeylegend said:

ahpboxster said:

unrepentant said:

ahpboxster said:

In many ways it is the same speculation that followed the Model 3 Tesla, but deliveries start next year to Europe. They had no factory, lack of supply chain, scaling issues etc etc.

Anything that is not in production always looks more risky.

It's completely and utterly different. Tesla were making and selling the Model S, the Model X was on line and it's a public company with assets (in 2017) of $28 billion! TVR is an idea with one car, no balance sheet and nothing much else apart from a few million quid of other people's money that has already been spent.

Oh, and the Model 3 is already on the roads here (USA) and has been for a while

Really It’s not that different, burning through money, factory had to be built, needed funding to continue, delays, production issues, hadn’t turned a profit. The fact it is on the road (as you pointed out) actually proves my point, despite all this and the constant doubters it can be done.

In fact Tesla is loss making. They also had millions in deposits before the delayed car became available and plenty of speculation they would run out of money.

Stories of cancelled deposits outstripping new deposits etc etc

Assets don’t mean a lot unless you look at complete balance sheet. And despite you saying the S and X were available they would never be protifable or viable in their own right without the Model 3, which they fully admitted.

So I would have to disagree with saying it is utterly different, maybe different scale, similar stories of doubt and speculation.

I would say it is very much different in terms of each companies abitity and "offering" to attract investors which is what TVR apparently need to do.

Tesla have not had that much difficulty attracting billions in investment because of their leading position in the EV market.

TVR's market place is somewhat different, and I would suggest a much worse medium to long term risk.

Different type of investor though, plenty of short sellers trying to influence Tesla which creates a different risk.

Plus Elon recently stated they were weeks from going bust earlier in the year due to Model 3 production and the sheer amount of money they needed. So not that different to where people “think” TVR is now.

But Tesla seem to be getting over it now, but the comments on here are almost identical to what was being said about Tesla not that long ago.

I would prefer to give them a chance and at the end of the day it is only the deposit holders who can legitimately be concerned about their money.

[Wacky Racer]

unrepentant said:

Hi Wack.

Yep, Tuscan, Tuscan 2 and Sagaris. Watched my T2 being built and with my friend Lady Topaz helped to redesign the dash pod which you couldn’t see in sunlight. Visited the factory a few times including the last time in convoy with a hundred or so others.

The Sagaris was the last TVR. This car, if it’s ever built, has no TVR DNA beyond the name. So no, I would have no interest in owning one.

Interesting...

Cheers,

[Monkeylegend]

ahpboxster said:

Different type of investor though, plenty of short sellers trying to influence Tesla which creates a different risk.

Plus Elon recently stated they were weeks from going bust earlier in the year due to Model 3 production and the sheer amount of money they needed. So not that different to where people “think” TVR is now.

But Tesla seem to be getting over it now, but the comments on here are almost identical to what was being said about Tesla not that long ago.

I would prefer to give them a chance and at the end of the day it is only the deposit holders who can legitimately be concerned about their money.

But the bottom line is Tesla was and still is a more attractive company for investors, compared to the pheonix TVR because of their offering.

[ahpboxster]

How do you know though, you have no idea about discussions that TVR are having re investment. That is what I am trying to say, we don’t know it ‘s all speculation.

Have you seen the Tesla balance sheet deficit, on paper it is not a great investment at all, but people still invest. It has a massive almost $2BN hole. Which in reality makes it much worse

It isn’t just about the production numbers or figures otherwise nobody would have invested in Tesla. It’s all about future potential, just like TVR

[twold]

I'm really pleased that the 'edge' has returned to this thread ,I thought it was lost,the other one has faded away instead.Keep it up chaps ,and please please Autodesign ....return to this discussion ,it needs your input to keep it interesting