It is funny you mention this. Musk's other company SpaceX has disrupted the launch market so much that European Space Agency is requesting more subsidies from it's member countries to compete with SpaceX. ULA is now discussing working on a entire new rocket design to bring down launch costs to compete with SpaceX. SpaceX doesn't even source rocket engines from Russia or even another US company, they build them in-house themselves which is fairly unique for a launch company. Yet because the US govt is a primary customer of SpaceX, they get criticized. Which is hilarious when you consider that ULA's sole customer is the US govt. [/IMG]
http://money.cnn.com/2014/12/17/investing/tesla-oil-prices/index.html?hpt=hp_t2
Looks like low oil prices could adversely affect tesla motor sales.
Tesla invested in the gigafactory at $100/barrel prices and probably locked those in. Now its $60/barrel. Their plan to bring a mass market electric is probably fubared. They overpaid for the factory and won't get the ROI they thought they would.
http://money.cnn.com/2014/12/17/investing/tesla-oil-prices/index.html?hpt=hp_t2
Looks like low oil prices could adversely affect tesla motor sales.
Sure, if oil prices stay this low for a decade, it may hurt them. At least for the next five years or so (and probably a lot longer) until the mid-range electric vehicles come out, no one is buying a Tesla to save money on gas. This may hurt the Nissan Leaf or Chevy Volt though but I don't think it they were doing all that well to begin with. Tesla is a luxury car manufacture and I'd assume even the cheaper models that eventually come out will also be more luxury priced.
Or because they like to be seen with them.Nobody buys a Tesla to save money. People buy them because they like them. That's like saying lower oil prices will increase Ferrari sales. People driving a Ferrari don't care how much gas costs.
The Nissan Leaf and the BMW I3 actually have really strong sales.. not sure about the volt.
The Nissan Leaf and the BMW I3 actually have really strong sales.. not sure about the volt.
I also don't understand this. There is so much hate against Tesla Motors. With Musk business practice of vertical manufacturing and building as much as possible in-house you would think people would be supportive.
It is funny you mention this. Musk's other company SpaceX has disrupted the launch market so much that European Space Agency is requesting more subsidies from it's member countries to compete with SpaceX. ULA is now discussing working on a entire new rocket design to bring down launch costs to compete with SpaceX. SpaceX doesn't even source rocket engines from Russia or even another US company, they build them in-house themselves which is fairly unique for a launch company. Yet because the US govt is a primary customer of SpaceX, they get criticized. Which is hilarious when you consider that ULA's sole customer is the US govt.
Tesla charges too much for the D. I can find it much cheaper on craigslist.
I do not see TSLA as a listed stock in the future, they are going to suffer the innovators curse. Just because they are innovated != profit for anyone buying shares today.
The will end up the Tucker Car Corporation of the 21st century.
I do not see TSLA as a listed stock in the future, they are going to suffer the innovators curse. Just because they are innovated != profit for anyone buying shares today.
The will end up the Tucker Car Corporation of the 21st century.
Not a chance. Tesla is here to stay. The only people that think Tesla will die off or fail are those who don't know much about it, and have an existing bias that wants it to fail.
Brutal earnings call -
The cash burn is significant.
http://finance.yahoo.com/video/cramer-tesla-not-real-company-140100540.html
2014 Car Sales USA:
Tesla 16,550
Nissan Leaf 30,200
BMW i3 6,092
Chevy Volt 18,805
Prius Plug In 13,263
Ford C-Max 27,595
I thought they had met their goal of selling 30k cars?
Tesla built 11,627 cars in the quarter, which was enough to surpass its production target TGT -0.55% of 35,000 cars for the full year, but it failed to deliver all these vehicles on time, saying roughly 1,400 cars of these cars were delivered in the first quarter.
Brutal earnings call -
The cash burn is significant.
http://finance.yahoo.com/video/cramer-tesla-not-real-company-140100540.html
2014 Car Sales USA:
Tesla 16,550
Nissan Leaf 30,200
BMW i3 6,092
Chevy Volt 18,805
Prius Plug In 13,263
Ford C-Max 27,595
That's definitely possible.
Do fanboys ever stop to think about how ridiculous they sound?
"Nuh uh! This company will never go out of business and they're going to be bestest company evar!!! If you don't agree, you're just a poopy head!!!"
Companies rise and fall all the time. Is it possible that maybe someone has looked at the same information and come to a different conclusion than you?
I thought they had met their goal of selling 30k cars?