Tesla Model S Refreshed
#31
I see, now I understand why the big makers haven't really moved into electric vehicles.
Because Tesla Motors has made a financial loss every year, and last year Tesla made an US$889 million dollar net loss.
Now I'm back to small capacity electric powered turbos, and gasoline-electric hybrids too.
If hybrids are good enough for Formula 1, they must be good enough for road cars.
.
Because Tesla Motors has made a financial loss every year, and last year Tesla made an US$889 million dollar net loss.
Now I'm back to small capacity electric powered turbos, and gasoline-electric hybrids too.
If hybrids are good enough for Formula 1, they must be good enough for road cars.
.
Last edited by peteharvey; 04-14-16 at 04:32 PM.
#32
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iTrader: (4)
Tesla is losing money because they are selling a low volume, high priced car while simultaneously building the Gigafactory and the supercharger infrastructure. They only sold 50,580 cars last year and that was a record for them. The make or break model for Tesla isn't the S or the X, it's the 3
#33
Tesla is losing money because they are selling a low volume, high priced car while simultaneously building the Gigafactory and the supercharger infrastructure. They only sold 50,580 cars last year and that was a record for them. The make or break model for Tesla isn't the S or the X, it's the 3
Gigafactory is going slow, and they also need to expand on number of dealers and SC - so like any manufacturer, they will need to invest a lot more in the future. To expand their factory for Model 3, they will need to invest heavily into factory as well.
However, since Tesla is very desirable I dont have any doubts that they will be able to produce Model 3 in volume, they will find the money. I just hope that they become profitable so they can continue with innovation.
#36
So Tesla has made a loss every year, and last year their loss was 889 million dollars so that Giga factories could be built to increase Tesla's total assets to over 8 billion dollars.
By comparison, Toyota netted something like 24 billion dollars last year, while their total assets were estimated at over 441 billion.
Thus, I still feel that investing in Tesla is very risky.
I still feel that the major manufacturers will simply walk over Tesla by buying Tesla out, or Tesla just becoming a battery & electric motor supplier.
I feel that the refreshed Model S looks dreadful.
The Model X worse, and the Model 3 looks like some cheap Ford Festiva hatchback.
I think Tesla is gone.
It's not if, but when.
However I do believe that EV is in, and I wish Lexus would pull their fingers out, rather than producing an ugly hydrogen fuel cell Mirai that 0-60 in 9.0 seconds!
By comparison, Toyota netted something like 24 billion dollars last year, while their total assets were estimated at over 441 billion.
Thus, I still feel that investing in Tesla is very risky.
I still feel that the major manufacturers will simply walk over Tesla by buying Tesla out, or Tesla just becoming a battery & electric motor supplier.
I feel that the refreshed Model S looks dreadful.
The Model X worse, and the Model 3 looks like some cheap Ford Festiva hatchback.
I think Tesla is gone.
It's not if, but when.
However I do believe that EV is in, and I wish Lexus would pull their fingers out, rather than producing an ugly hydrogen fuel cell Mirai that 0-60 in 9.0 seconds!
#37
#38
https://ycharts.com/companies/TSLA/gross_profit_margin
#40
#41
Lexus Champion
The OCD car enthusiast in me can only think of all the rock chips this no-grille car will have on the front bumper after a year on the road.
#42
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iTrader: (4)
Why gross margin heads south when production volume rises? That should be the opposite.
https://ycharts.com/companies/TSLA/gross_profit_margin
https://ycharts.com/companies/TSLA/gross_profit_margin
#43
Lexus Test Driver
iTrader: (2)
I see, now I understand why the big makers haven't really moved into electric vehicles.
Because Tesla Motors has made a financial loss every year, and last year Tesla made an US$889 million dollar net loss.
Now I'm back to small capacity electric powered turbos, and gasoline-electric hybrids too.
If hybrids are good enough for Formula 1, they must be good enough for road cars.
.
Because Tesla Motors has made a financial loss every year, and last year Tesla made an US$889 million dollar net loss.
Now I'm back to small capacity electric powered turbos, and gasoline-electric hybrids too.
If hybrids are good enough for Formula 1, they must be good enough for road cars.
.
Tesla is heavily investing so losses are normal.
#44
Lexus Test Driver
Join Date: May 2005
Location: IL
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Anyone here own a Tesla?
Our Model S is approaching 19k miles. No gas, no wasted time at the gas station, dont have to worry about my wife at a gas station in Chicago. No maintenance, dont need tires or brakes yet. Instantaneous acceleration, faster than my Supra and Aston. Only one trip to service center to fix passenger door handle not opening. Interior is rather plain, but thats my only complaint.
The Model 3 will change the industry. 3-series, C-class, A4, Es350, even Avalons will be impacted when the Model 3 arrives.
Our Model S is approaching 19k miles. No gas, no wasted time at the gas station, dont have to worry about my wife at a gas station in Chicago. No maintenance, dont need tires or brakes yet. Instantaneous acceleration, faster than my Supra and Aston. Only one trip to service center to fix passenger door handle not opening. Interior is rather plain, but thats my only complaint.
The Model 3 will change the industry. 3-series, C-class, A4, Es350, even Avalons will be impacted when the Model 3 arrives.
#45
Lexus Test Driver
Wish I had one They're the future of clean transport, especially if you have your own or community-owned renewable power generation systems. I won't miss gas stations at all.
The Model 3 should cover most drivers' daily range. I've rarely gone past 200 miles in a day anyway. For longer trips, a fast charger network would be great and Tesla already has that in most parts of the US.
The Model 3 should cover most drivers' daily range. I've rarely gone past 200 miles in a day anyway. For longer trips, a fast charger network would be great and Tesla already has that in most parts of the US.