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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...
Chestnut Spot Fortuitous Meteor
  11/17/17
Why just concentrate on SpaceX that seems like an even bigge...
Titillating ultramarine partner
  11/17/17
They have actually turned a profit and it is clearly his pas...
Chestnut Spot Fortuitous Meteor
  11/17/17
“profit” call me when they have less net debt in the end ...
slap-happy olive cuck locale
  11/17/17
I haven't really looked at their numbers. I just read somewh...
Chestnut Spot Fortuitous Meteor
  11/17/17
don't forget solar city!
magenta cuckold rigpig
  11/17/17
tesla bought it.
slap-happy olive cuck locale
  11/17/17
Now part of Tesla. Their solar roofs are another example of ...
Chestnut Spot Fortuitous Meteor
  11/17/17
dirtiest deal in yrs
contagious copper locus
  11/17/17
you might turn out to be 100% correct but understand they ar...
vibrant cumskin alpha
  11/17/17
Yeah, I do understand this. Tons of people have tried to sho...
Chestnut Spot Fortuitous Meteor
  11/17/17
sure, but in his mind it's not a huge gamble. as for the bul...
vibrant cumskin alpha
  11/17/17
Amazon received similar criticism in the early days. You can...
Multi-colored whorehouse
  11/17/17
Yeah, he is obviously following Bezo's playbook. Tesla will ...
Chestnut Spot Fortuitous Meteor
  11/17/17
...
claret mischievous organic girlfriend reading party
  11/17/17
That expenditure was roughly .001 percent of his current net...
Multi-colored whorehouse
  11/17/17
LOL, that was written by the fabulist Stephen Glass. He prob...
Chestnut Spot Fortuitous Meteor
  11/17/17
Holy shit, I didn't even notice.
Multi-colored whorehouse
  11/17/17
calishitlawguru is buds with Stephen glass
outnumbered temple
  11/17/17
Did he appear in the acclaimed drama Shattered Glass
Purple brunch scourge upon the earth
  11/18/17
...
Elite Lime Rigor
  11/17/17
...
charcoal pit
  11/17/17
how much money does he get from subsidies?
umber institution
  11/17/17
...
Elite Lime Rigor
  11/18/17
Lol at OP referring to negative gross margins because of ove...
passionate black generalized bond
  11/18/17


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Date: November 17th, 2017 11:17 AM
Author: Chestnut Spot Fortuitous Meteor

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)



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Date: November 17th, 2017 11:19 AM
Author: Titillating ultramarine partner

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)



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Date: November 17th, 2017 11:22 AM
Author: Chestnut Spot Fortuitous Meteor

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)



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Date: November 17th, 2017 11:23 AM
Author: slap-happy olive cuck locale

“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)



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Date: November 17th, 2017 11:29 AM
Author: Chestnut Spot Fortuitous Meteor

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)



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Date: November 17th, 2017 11:23 AM
Author: magenta cuckold rigpig

don't forget solar city!

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



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Date: November 17th, 2017 11:23 AM
Author: slap-happy olive cuck locale

tesla bought it.

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



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Date: November 17th, 2017 11:26 AM
Author: Chestnut Spot Fortuitous Meteor

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)



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Date: November 17th, 2017 10:19 PM
Author: contagious copper locus

dirtiest deal in yrs

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



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Date: November 17th, 2017 11:23 AM
Author: vibrant cumskin alpha

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)



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Date: November 17th, 2017 11:28 AM
Author: Chestnut Spot Fortuitous Meteor

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)



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Date: November 17th, 2017 11:34 AM
Author: vibrant cumskin alpha

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)



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Date: November 17th, 2017 11:25 AM
Author: Multi-colored whorehouse

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)



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Date: November 17th, 2017 11:30 AM
Author: Chestnut Spot Fortuitous Meteor

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)



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Date: November 17th, 2017 11:32 AM
Author: claret mischievous organic girlfriend reading party



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



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Date: November 17th, 2017 11:35 AM
Author: Multi-colored whorehouse

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)



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Date: November 17th, 2017 11:34 AM
Author: Chestnut Spot Fortuitous Meteor

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)



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Date: November 17th, 2017 11:35 AM
Author: Multi-colored whorehouse

Holy shit, I didn't even notice.

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



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Date: November 17th, 2017 10:16 PM
Author: outnumbered temple

calishitlawguru is buds with Stephen glass

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



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Date: November 18th, 2017 1:34 PM
Author: Purple brunch scourge upon the earth

Did he appear in the acclaimed drama Shattered Glass

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



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Date: November 17th, 2017 10:14 PM
Author: Elite Lime Rigor



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



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Date: November 17th, 2017 10:17 PM
Author: charcoal pit



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



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Date: November 17th, 2017 10:36 PM
Author: umber institution

how much money does he get from subsidies?

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



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Date: November 18th, 2017 12:09 PM
Author: Elite Lime Rigor



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



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Date: November 18th, 2017 2:03 PM
Author: passionate black generalized bond

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)