All new Tesla Roadster unveiled!! 0-60mph 1.9 seconds!!
11-22-17, 09:53 AM
#61
Lexus Fanatic
iTrader: (20)
The key to Tesla's future is probably not so much tied to the car factory, but to the "giga-factory" to make batteries. If they succeed there, battery costs for the cars will drop dramatically and the car factory can become profitable. Musk's long term plans are to also sell batteries for home use so that solar power can be practical. I keep thinking a smart investment would be in a lithium mine.
Steve
Steve
http://www.mining.com/web/america-fi...um-in-wyoming/
11-22-17, 12:02 PM
#63
Lexus Champion
I appreciate what Elon Musk has done also. He is a visionary but a poor financial manager, in my opinion. I believe that he should hire a strong financial officer and team with experience working with startups, and heed their advice. But to start, he has to give up his egotistical need to have a finger in every single aspect of the company.
Visionaries are seldom good financial managers. Those who think they can do product management, engineering AND financial management are likely the startups that fail.
I don't know if Tesla is too large to fail; if it fails, it would just be all the blind investors who lose. The intellectual property, and the car and battery assembly plants and equipment would then be bought up at discount.
But I doubt any other company or some billionaire would be interested in buying right now. I think that it would be too expensive to buy out all the investors right now, and anybody expressing interest would merely drive up the stock price. The company is just over-valued, in my opinion. But wait (until next summer?) for Tesla to fail and some other automaker may be interested in buying.
Visionaries are seldom good financial managers. Those who think they can do product management, engineering AND financial management are likely the startups that fail.
But I doubt any other company or some billionaire would be interested in buying right now. I think that it would be too expensive to buy out all the investors right now, and anybody expressing interest would merely drive up the stock price. The company is just over-valued, in my opinion. But wait (until next summer?) for Tesla to fail and some other automaker may be interested in buying.
11-22-17, 12:35 PM
#64
But I doubt any other company or some billionaire would be interested in buying right now. I think that it would be too expensive to buy out all the investors right now, and anybody expressing interest would merely drive up the stock price. The company is just over-valued, in my opinion. But wait (until next summer?) for Tesla to fail and some other automaker may be interested in buying.
11-22-17, 02:45 PM
#65
Last year, Daimler AG had USD235 billion in assets, 64 billion in equity, and netted 10.381 billion in profits.
VW AG had assets of 483 billion, with 109 billion in equity, and netted 6.08 billion in profits.
TMC had 428 billion in assets, 153.5 billion in equity, and netted 20.779 billion in profits.
Tesla had 22.66 billion in assets, 4.75 billion in equity, and 667.3 million dollars in losses.
Equity = Assets - Liabilities
.
VW AG had assets of 483 billion, with 109 billion in equity, and netted 6.08 billion in profits.
TMC had 428 billion in assets, 153.5 billion in equity, and netted 20.779 billion in profits.
Tesla had 22.66 billion in assets, 4.75 billion in equity, and 667.3 million dollars in losses.
Equity = Assets - Liabilities
.
Last edited by peteharvey; 11-22-17 at 02:50 PM.
11-22-17, 02:47 PM
#66
I appreciate what Elon Musk has done also. He is a visionary but a poor financial manager, in my opinion. I believe that he should hire a strong financial officer and team with experience working with startups, and heed their advice. But to start, he has to give up his egotistical need to have a finger in every single aspect of the company.
Visionaries are seldom good financial managers. Those who think they can do product management, engineering AND financial management are likely the startups that fail.
I don't know if Tesla is too large to fail; if it fails, it would just be all the blind investors who lose. The intellectual property, and the car and battery assembly plants and equipment would then be bought up at discount.
But I doubt any other company or some billionaire would be interested in buying right now. I think that it would be too expensive to buy out all the investors right now, and anybody expressing interest would merely drive up the stock price. The company is just over-valued, in my opinion. But wait (until next summer?) for Tesla to fail and some other automaker may be interested in buying.
Visionaries are seldom good financial managers. Those who think they can do product management, engineering AND financial management are likely the startups that fail.
I don't know if Tesla is too large to fail; if it fails, it would just be all the blind investors who lose. The intellectual property, and the car and battery assembly plants and equipment would then be bought up at discount.
But I doubt any other company or some billionaire would be interested in buying right now. I think that it would be too expensive to buy out all the investors right now, and anybody expressing interest would merely drive up the stock price. The company is just over-valued, in my opinion. But wait (until next summer?) for Tesla to fail and some other automaker may be interested in buying.
11-22-17, 03:44 PM
#67
Last year, Daimler AG had USD235 billion in assets, 64 billion in equity, and netted 10.381 billion in profits.
VW AG had assets of 483 billion, with 109 billion in equity, and netted 6.08 billion in profits.
TMC had 428 billion in assets, 153.5 billion in equity, and netted 20.779 billion in profits.
Tesla had 22.66 billion in assets, 4.75 billion in equity, and 667.3 million dollars in losses.
Equity = Assets - Liabilities
.
VW AG had assets of 483 billion, with 109 billion in equity, and netted 6.08 billion in profits.
TMC had 428 billion in assets, 153.5 billion in equity, and netted 20.779 billion in profits.
Tesla had 22.66 billion in assets, 4.75 billion in equity, and 667.3 million dollars in losses.
Equity = Assets - Liabilities
.
11-22-17, 04:03 PM
#68
Lexus Champion
Not to deflect too far from the thread title, but investors look at stuff like p/e ratio and Tesla's is not that great compared to say Toyota. Not sure that any big manufacturer would drag down their shareholder value by swimming around the chum that Tesla might leave unless its a bargain basement fire sale.
Anyway, Tesla might already have some PR competition. A Taipei firm says it can beat the Tesla's times but hasn't said anything about the range of its proposed hypercar. 0-60 1.8 secs and they have a working mule.
https://electrek.co/2017/11/22/start...-new-roadster/
Anyway, Tesla might already have some PR competition. A Taipei firm says it can beat the Tesla's times but hasn't said anything about the range of its proposed hypercar. 0-60 1.8 secs and they have a working mule.
https://electrek.co/2017/11/22/start...-new-roadster/
11-22-17, 04:32 PM
#69
Lexus Champion
11-24-17, 11:15 AM
#70
Lexus Fanatic
iTrader: (20)
But I doubt any other company or some billionaire would be interested in buying right now. I think that it would be too expensive to buy out all the investors right now, and anybody expressing interest would merely drive up the stock price. The company is just over-valued, in my opinion. But wait (until next summer?) for Tesla to fail and some other automaker may be interested in buying.
not great? they have no earnings, thus no p/e.
11-24-17, 11:19 AM
#71
Lexus Champion
Assuming Tesla can ramp up production of the 3 as planned they'll be fine. If not then things do look bleak. Putting resources into a new Roadster on the surface seems like a bad idea given their cash burn rate.
11-24-17, 11:52 AM
#72
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I wonder how much battery/range you'd have left after a couple 1.9 seconds 0-60 launches? And, how much range would you have left as well? Last time I checked, the current consumption spiked north of 1.5kW. 1500 amps rms. definitely a lot of strain and drain on the battery. does the battery have enough kWh to run at the track? what's the real life range from spirited driving from touge?
so many questions.
so many questions.
11-24-17, 02:34 PM
#73
Lexus Champion
Tesla has already missed its plan.
01-11-18, 02:10 PM
#75
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Gotta say it looks pretty darn good in normal lighting.
First next-gen Tesla Roadster sighting in the wild – prototype apparently breaks down
First next-gen Tesla Roadster sighting in the wild – prototype apparently breaks down