\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Tesla might be one of the biggest crash and burn stories ever

Their free cash flow was negative $1.1 billion in the last q...
Lavender menage striped hyena
  11/17/17
Why just concentrate on SpaceX that seems like an even bigge...
Razzle Hyperventilating Market
  11/17/17
They have actually turned a profit and it is clearly his pas...
Lavender menage striped hyena
  11/17/17
“profit” call me when they have less net debt in the end ...
thriller antidepressant drug lay
  11/17/17
I haven't really looked at their numbers. I just read somewh...
Lavender menage striped hyena
  11/17/17
don't forget solar city!
unholy adventurous famous landscape painting abode
  11/17/17
tesla bought it.
thriller antidepressant drug lay
  11/17/17
Now part of Tesla. Their solar roofs are another example of ...
Lavender menage striped hyena
  11/17/17
dirtiest deal in yrs
apoplectic set sweet tailpipe
  11/17/17
you might turn out to be 100% correct but understand they ar...
Flirting psychic
  11/17/17
Yeah, I do understand this. Tons of people have tried to sho...
Lavender menage striped hyena
  11/17/17
sure, but in his mind it's not a huge gamble. as for the bul...
Flirting psychic
  11/17/17
Amazon received similar criticism in the early days. You can...
Vibrant Dun Incel Internal Respiration
  11/17/17
Yeah, he is obviously following Bezo's playbook. Tesla will ...
Lavender menage striped hyena
  11/17/17
...
talented shaky theatre giraffe
  11/17/17
That expenditure was roughly .001 percent of his current net...
Vibrant Dun Incel Internal Respiration
  11/17/17
LOL, that was written by the fabulist Stephen Glass. He prob...
Lavender menage striped hyena
  11/17/17
Holy shit, I didn't even notice.
Vibrant Dun Incel Internal Respiration
  11/17/17
calishitlawguru is buds with Stephen glass
insane idiotic mad cow disease
  11/17/17
Did he appear in the acclaimed drama Shattered Glass
Submissive station newt
  11/18/17
...
cyan heaven roommate
  11/17/17
...
domesticated titillating generalized bond den
  11/17/17
how much money does he get from subsidies?
odious point blood rage
  11/17/17
...
cyan heaven roommate
  11/18/17
Lol at OP referring to negative gross margins because of ove...
impertinent appetizing pozpig
  11/18/17


Poast new message in this thread



Reply Favorite

Date: November 17th, 2017 11:17 AM
Author: Lavender menage striped hyena

Their free cash flow was negative $1.1 billion in the last quarter and they forecast an additional $2 billion in capital spending before the year is out. They have produced less than 300 Model 3's and will have negative gross margins on them for years probably because overhead costs will dwarf deliveries before production ramps up. They are producing cool stuff and I want them to maeke it, but holy shit they are burning through cash. Asking for deposits for vehicles that won't be built for years is a pretty desperate cash grab. Musk should just sell the business to Google or Apple and concentrate on SpaceX. Maybe they want to buy and are just waiting for the cash problems to worsen and Musk to get desperate.

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34709294)



Reply Favorite

Date: November 17th, 2017 11:19 AM
Author: Razzle Hyperventilating Market

Why just concentrate on SpaceX that seems like an even bigger cash burn

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34709300)



Reply Favorite

Date: November 17th, 2017 11:22 AM
Author: Lavender menage striped hyena

They have actually turned a profit and it is clearly his passion. It is like a multi-billion dollar nerd hobby business.

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34709319)



Reply Favorite

Date: November 17th, 2017 11:23 AM
Author: thriller antidepressant drug lay

“profit”

call me when they have less net debt in the end of the year than the beginning.

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34709328)



Reply Favorite

Date: November 17th, 2017 11:29 AM
Author: Lavender menage striped hyena

I haven't really looked at their numbers. I just read somewhere they made a profit, which surprised me.

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34709355)



Reply Favorite

Date: November 17th, 2017 11:23 AM
Author: unholy adventurous famous landscape painting abode

don't forget solar city!

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34709326)



Reply Favorite

Date: November 17th, 2017 11:23 AM
Author: thriller antidepressant drug lay

tesla bought it.

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34709331)



Reply Favorite

Date: November 17th, 2017 11:26 AM
Author: Lavender menage striped hyena

Now part of Tesla. Their solar roofs are another example of Musk's approach. Really cool demo and a good idea, but no capability to deliver anytime soon.

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34709343)



Reply Favorite

Date: November 17th, 2017 10:19 PM
Author: apoplectic set sweet tailpipe

dirtiest deal in yrs

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34714399)



Reply Favorite

Date: November 17th, 2017 11:23 AM
Author: Flirting psychic

you might turn out to be 100% correct but understand they are burning through cash with the understanding that there are institutional investors who are betting on Musk long term and willing to finance the company well into the future.

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34709329)



Reply Favorite

Date: November 17th, 2017 11:28 AM
Author: Lavender menage striped hyena

Yeah, I do understand this. Tons of people have tried to short Tesla and lost big. Musk is running a huge gamble that will either turn into an Amazon/Apple style success story or really flame out in grand fashion.

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34709353)



Reply Favorite

Date: November 17th, 2017 11:34 AM
Author: Flirting psychic

sure, but in his mind it's not a huge gamble. as for the bulls, they definitely see the Amazon/Apple success stories as the rationale behind their bullishness. they are betting on the CEO and his genius which is not limited to technical know-how but also includes marketing smarts.

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34709390)



Reply Favorite

Date: November 17th, 2017 11:25 AM
Author: Vibrant Dun Incel Internal Respiration

Amazon received similar criticism in the early days. You can still find the old articles:

http://www.slate.com/articles/briefing/articles/1997/01/amazoncon.html

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34709337)



Reply Favorite

Date: November 17th, 2017 11:30 AM
Author: Lavender menage striped hyena

Yeah, he is obviously following Bezo's playbook. Tesla will either be a trillion dollar company that produces the Apple of cars and dominates renewable energy or will be bought for like a dollar by Apple/Google/Facebook/Amazon or an industry competitor.

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34709359)



Reply Favorite

Date: November 17th, 2017 11:32 AM
Author: talented shaky theatre giraffe



(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34709377)



Reply Favorite

Date: November 17th, 2017 11:35 AM
Author: Vibrant Dun Incel Internal Respiration

That expenditure was roughly .001 percent of his current net worth. It would be like you buying a cookie.

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34709394)



Reply Favorite

Date: November 17th, 2017 11:34 AM
Author: Lavender menage striped hyena

LOL, that was written by the fabulist Stephen Glass. He probably didn't even order the books.

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34709388)



Reply Favorite

Date: November 17th, 2017 11:35 AM
Author: Vibrant Dun Incel Internal Respiration

Holy shit, I didn't even notice.

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34709395)



Reply Favorite

Date: November 17th, 2017 10:16 PM
Author: insane idiotic mad cow disease

calishitlawguru is buds with Stephen glass

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34714386)



Reply Favorite

Date: November 18th, 2017 1:34 PM
Author: Submissive station newt

Did he appear in the acclaimed drama Shattered Glass

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34717518)



Reply Favorite

Date: November 17th, 2017 10:14 PM
Author: cyan heaven roommate



(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34714377)



Reply Favorite

Date: November 17th, 2017 10:17 PM
Author: domesticated titillating generalized bond den



(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34714389)



Reply Favorite

Date: November 17th, 2017 10:36 PM
Author: odious point blood rage

how much money does he get from subsidies?

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34714451)



Reply Favorite

Date: November 18th, 2017 12:09 PM
Author: cyan heaven roommate



(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34717033)



Reply Favorite

Date: November 18th, 2017 2:03 PM
Author: impertinent appetizing pozpig

Lol at OP referring to negative gross margins because of overhead costs ... overhead costs aren't included in gross margins, dumb fuck. How's your TTT degree treating you in the real world?

(http://www.autoadmit.com/thread.php?thread_id=3800570&forum_id=2#34717695)