The advances in battery life alone will keep Tesla moving ahead. They are not swimming in profits? Really? A $75k car with no brand recognition isn't selling in our robust economy?? Say it ain't so!
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Much was made a here a week or so ago about the wonders of Tesla and how it was a "beacon" of gobblement perfection and its ONE quarter of profitability. Well, someone did some digging into their numbers and VOILA, as I suspected, it is all fucking hype.
http://beta.fool.com/jjt218/2013/06/...=TheMotleyFool
http://finance.yahoo.com/news/teslas...103000123.html.
http://money.cnn.com/2013/05/21/news...all/index.html
Now I know the pie in the sky fools who have a hard on for "electric engines" will stick their noses in the air and scoff at such foolishness, but numbers don't lie. Suffice it to say, selling these credits is not a model for future success in the auto business. Or maybe it is. Maybe their entire model is to lose money on cars but sell the credits to everyone else.
If you think about it, it would be genius and once again show the folly of gobblement intervention with these bogus CAFE standards. Tesla takes taxpayer money to presumably make electric cars. They don't make any other types of cars so they are swimming in the ZEV (look it up if you don't know). All of its competitors like Nissan and GM make other models besides electric cars so it will be a challenge for them to meet the gobblement regulations while still making a car people want to buy. Enter the selling of the ZEV. Tesla makes money and everyone meets their gobblement quota. Genius.
But alas this too will not last.
Last edited by canceled.2021.1; 06-05-2013 at 07:30 AM.
The advances in battery life alone will keep Tesla moving ahead. They are not swimming in profits? Really? A $75k car with no brand recognition isn't selling in our robust economy?? Say it ain't so!
I know you are so in love with the technology you won't look at the facts on the ground. The truth of the matter is that the cars themselves are not profitable. The truth of the matter is that folks like you masturbated all over the board. But, as always when you dig a little deeper you see that it is one big fraud.
DamnYankee (06-05-2013)
What I guess I like best about the final, conclusive and uncontrovertible capital "t" Truth that Tesla is a big fraud is that it comes from an investment advice webiste that currently recommends Tesla to its readership.
LOLerpops.
Mott the Hoople (06-06-2013)
DamnYankee (06-05-2013)
Only in your imagination. Unless of course you are saying that their profitability came from selling cars (not) and not from selling ZEVs (did).
Feel free to dig into their annual report and prove it wrong. Otherwise accept your bitchslapping like a man. I see nobody else has tried to refute it. The closest was Winterborns lame attempt about "batteries blah blah blah"
I win again
Selling pollution credits to other manufacturers is nothing new. Profit is profit, regadless of the product sold. Your argument is imaginary outrage at a non existant issue, but then so are most of your other threads.
The other thing you seem blind to is that Tesla is in it's infancy. How many firms are instanly profitable, especially new and unknown tech?
How long did Amazon. com lose money, moron, and for how long did you predict their doom?
By the way, don't bother to answer this post.
I don't give a shit about refuting your lies more than once per thread.
It is the responsibility of every American citizen to own a modern military rifle.
Topspin (06-05-2013)
Topspin (06-05-2013)
Sorry but you don't dictate what I respond to.
You like other nimrods seem to be very adept at arguing things I didn't claim. I didn't claim that selling the credits is "new".
The entire point which apparently is lost on you was that Tesla is not this stunning success of selling electric cars. Now I could point you to the threads that hyped this after they posted earnings. The point was that there is more to the story. It was being passed off as if their so called "success story" was 100% due to selling cars. As I showed that is not the case. As the articles point out selling those credits are not sustainable. Ask Enron.
As for your Amazon non sequitur, it is irrelevant because Amazon wasn't relying on taxpayer dollars the way Tesla did.
Now kindly go fuck yourself. With all due respect of course
Don't these things just cause pollution somewhere else? That is, unless the electricity is made from Nuke power, which liberals despise.
Well then by all means point us to the threads that hyped Tesla's "stunning success selling cars".
I remember threads touting Tesla paying off their loan early and beating investor predictions, but not one thread passed off their success story as being 100% due to selling cars.
Back up your bullshit or admit that's just what it is.
Topspin (06-05-2013)
Which everyone assumed to be from selling these fantastic cars right? Everyone failed to mention the little fact that their profit wouldn't have been possible without the CREDITS. Don't play semantics with me. In fact wasn't it your bullshit thread? You don't even know what the fuck you are talking about.
PWND again.
I win again
Topspin (06-05-2013)
Rune (06-05-2013)
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