Tesla and Uber Unlikely to Survive...
Discussion
RobDickinson said:
Teslas gross margin is 24% on the model s so $20k ish per vehicle?
isn't that like Bugatti saying they make 50% on the Veyron, just forget about the 300 million plus to develop it.20% is still poor for high end cars, and 2018 will be tough for Telsa, maybe expanding too fast.
The Spruce goose said:
RobDickinson said:
Teslas gross margin is 24% on the model s so $20k ish per vehicle?
isn't that like Bugatti saying they make 50% on the Veyron, just forget about the 300 million plus to develop it.20% is still poor for high end cars, and 2018 will be tough for Telsa, maybe expanding too fast.
Model 3 is one of the keys, but I think the storage space has the most headroom as it's a relatively virgin market projects like these
https://www.reuters.com/article/us-tennet-hldg-pow...
highlight the potential, the fact that powerwalls are in short supply due to demand from utilities for Powercells is another pointer.
The fact that the original article doesn't seem to acknowledge the role of debt in a growing company just reinforces that it is nonsense, so Tesla shouldn't invest money in building a factory because debt is bad seems to be the main reasoning behind the negativity.
by the way EVs will never catch on as they aren't suitable for the road warriors that do 500 miles nonstop every day
RobDickinson said:
It's higher than BMW...
not sure on that, and it hard to compare as some car manufacturers like Tesla don't include development costs, whereas from what i can see BMW do.The thing for Tesla is the model 3 cannot achieve any sort of sustainable profitability, so will see what happens this year with Tesla another 10-15 billion cash burn will be very hard to swallow,
First world car production survives in a globalised economy because people are brand loyal, and the brands have networks in place, and in many case because they market something as exciting or luxurious and better in some way. You buy a cheap LG telly or phone knowing you'll toss it in the bin when it goes wrong, but you can't do that with a car.
The problem with teslas debt is, if we have self-driving cars in 5 years or so, will most people bother owning a car at all? and if we're all in autonomous minicabs and couldn't care less what badge it wears, how will a north American debt laden company compete to sell minicabs to uber when samsung are making a cheaper minicab using chinese slave children?
The problem with teslas debt is, if we have self-driving cars in 5 years or so, will most people bother owning a car at all? and if we're all in autonomous minicabs and couldn't care less what badge it wears, how will a north American debt laden company compete to sell minicabs to uber when samsung are making a cheaper minicab using chinese slave children?
hairyben said:
The problem with teslas debt is, if we have self-driving cars in 5 years or so, will most people bother owning a car at all? and if we're all in autonomous minicabs and couldn't care less what badge it wears, how will a north American debt laden company compete to sell minicabs to uber when samsung are making a cheaper minicab using chinese slave children?
When self driving becomes mainstream, Teslas will be like swimming pools: people who can afford one have their own. Others use shared facilities. Teslas aren't for paupers and most likely won't be in the future.It's almost as if they've thought this through...
The Spruce goose said:
The thing for Tesla is the model 3 cannot achieve any sort of sustainable profitability, so will see what happens this year with Tesla another 10-15 billion cash burn will be very hard to swallow,
Surely the only real question that needs to asked is what is the money being spent on?As to your assertion that the Model 3 can't achieve sustainable profitability that's just daft, the argument that all the "shorters" are making is the model 3 can't be produced in the numbers Tesla claim it can. we all know that demand is there.
babatunde said:
Surely the only real question that needs to asked is what is the money being spent on?
As to your assertion that the Model 3 can't achieve sustainable profitability that's just daft, the argument that all the "shorters" are making is the model 3 can't be produced in the numbers Tesla claim it can. we all know that demand is there.
Money is being spent on capex, but it is banks providing it, and yes they will probably wait until the model 3 is in full flow. But model 3 production is behind schedule, and if they don't hit targets by q4 2018 then nothing can save Telsa.As to your assertion that the Model 3 can't achieve sustainable profitability that's just daft, the argument that all the "shorters" are making is the model 3 can't be produced in the numbers Tesla claim it can. we all know that demand is there.
tr3a said:
When self driving becomes mainstream, Teslas will be like swimming pools: people who can afford one have their own. Others use shared facilities. Teslas aren't for paupers and most likely won't be in the future.
It's almost as if they've thought this through...
It's almost as if they've thought this through...
What a load of b
ks.tr3a said:
When self driving becomes mainstream, Teslas will be like swimming pools: people who can afford one have their own. Others use shared facilities. Teslas aren't for paupers and most likely won't be in the future.
It's almost as if they've thought this through...
Whether you’re right or wrong, there’s little to suggest anything has been thought through. It's almost as if they've thought this through...
If it had been, the Model 3 would have been the Model 1 for a start.
.
REALIST123 said:
Whether you’re right or wrong, there’s little to suggest anything has been thought through.
If it had been, the Model 3 would have been the Model 1 for a start.
If you actually had done any research or basic reading about Tesla you would know why the Model 3 isn't the model 1 If it had been, the Model 3 would have been the Model 1 for a start.
the projected model evolution of Tesla is a well documented progression
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