SoldierMan
Executive Member
- Joined
- Aug 3, 2019
- Messages
- 9,416
Tesla is a disaster waiting to happen IMO. Elon has sold an idea, not a product. Brilliant marketing though.
Tesla is a disaster waiting to happen IMO. Elon has sold an idea, not a product. Brilliant marketing though.
A bit off-topic, but Tesla sells the most electric cars in the world. These aren't just ideas but real products. In the future, all cars will be electric. He's the leader in where the industry is going.Tesla is a disaster waiting to happen IMO. Elon has sold an idea, not a product. Brilliant marketing though.
What's your definition of an "experienced investor", or an "experienced broker"?Talk to an experienced broker, let me know if you need a contact.
You won't get very good advice from lay people.
You need an experienced investor.
Def:What's your definition of an "experienced investor", or an "experienced broker"?
A bit off-topic, but Tesla sells the most electric cars in the world. These aren't just ideas but real products. In the future, all cars will be electric. He's the leader in where the industry is going.
He's revolutionized the car industry practically by himself, and he's about to do the same to road freight with his self-driving truck. People aren't throwing money at Tesla because of feels.
Tesla doesn't sell more cars because they cannot keep up with demand. People are lining up to buy, and lap them up the moment they are available. Elon is building more production capacity as fast as he can.See the bold bits. I understand why people are investing but he doesn't sell nearly as many cars as what other manufactures do yet his stock price is higher. I think many are investing because of feels, of what the future holds. I may be mistaken but on current sales Tesla shouldn't have such a high stock price.
Who knows maybe the current investors will turn out to be like those who got in early on Amazon or Facebook, time will tell I guess.
Tesla doesn't sell more cars because they cannot keep up with demand. People are lining up to buy, and lap them up the moment they are available. Elon is building more production capacity as fast as he can.
Tesla delivered 367,500 cars in 2019, 50% more than in 2018 and more than triple the number sold in 2017.
From this data, it's clear they are on the up and up. While other manufacturers currently sell more cars in total, none have managed to successfully get a 100% electric into the mass market. The most successful EV outside of Tesla is the Nissan Leaf, which only sold 400 000 units since 2010. This puts Tesla in an extremely favorable market position.
Well not if they switched it off in 1 day, no. What kinda silly notion is that to even bring up? Even if they tried, wouldn't be possible because the world can't manufacture them that fast.You do realise that there isn't enough electricity supply in the US (or South Africa or possibly any country) to supply electric cars if we were to do a swap over to electric. There is going to have to be a massive increase in electricity if this electric car thing is going to work. Otherwise there will be constant blackouts and people stuck at home and on the side of the road when we all try to charge our cars.
Sure the shift to electric will be gradual, but the question is will the electricity supply keep up with demand. It will have to otherwise oil will be around for sometime yet.
Well not if they switched it off in 1 day, no. What kinda silly notion is that to even bring up? Even if they tried, wouldn't be possible because the world can't manufacture them that fast.
By the time electric cars are manufactured to overtake oil, there will be more than enough energy. The improvements in renewables these last few years alone have been incredible.
Anyway, I don't understand your rant. Yes, electrics won't take over 100% by tomorrow. But a company that is tripling or doubling it's sales every year in the segment of the future is worth way more than one making cars that will be absolute in a few years.
and yet still does not turn a profit:A bit off-topic, but Tesla sells the most electric cars in the world. These aren't just ideas but real products. In the future, all cars will be electric. He's the leader in where the industry is going.
He's revolutionized the car industry practically by himself, and he's about to do the same to road freight with his self-driving truck. People aren't throwing money at Tesla because of feels.
Well people is driving around in his ideas, cars, trucks, 18 wheelers, Suv's etc. and their using his battery walls and solar roof tiles etc. And his products, erm sorry, ideas as you put it, is working. And they're getting it better year on year, innovating and fine tuning. Don't know what you've seen or know, that would suggest that a disaster is imminent???Tesla is a disaster waiting to happen IMO. Elon has sold an idea, not a product. Brilliant marketing though.
and yet still does not turn a profit:
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Tesla, Inc. (TSLA) Income Statement - Yahoo Finance
Get the detailed quarterly/annual income statement for Tesla, Inc. (TSLA). Find out the revenue, expenses and profit or loss over the last fiscal year.finance.yahoo.com
People aren't throwing money at Tesla because of feels no, they aren't throwing money at Tesla's products at all really. Plenty are speculating on Tesla shares however.
been like this for ages, since the company's inception basically, I don't think there is a goal of profit at allWhoa didn't know that.... Guess they are hoping for big things in the future....
Agreed was in Hong Kong a few years back Tesla was everywhereWell people is driving around in his ideas, cars, trucks, 18 wheelers, Suv's etc. and their using his battery walls and solar roof tiles etc. And his products, erm sorry, ideas as you put it, is working. And they're getting it better year on year, innovating and fine tuning. Don't know what you've seen or know, that would suggest that a disaster is imminent???
Same here in Shanghai. People can sometimes get lost in their own bubble. I read something like Norway has more EV's than petrol cars.Agreed was in Hong Kong a few years back Tesla was everywhere
Tesla is all just FOMO and hype.and yet still does not turn a profit:
![]()
Tesla, Inc. (TSLA) Income Statement - Yahoo Finance
Get the detailed quarterly/annual income statement for Tesla, Inc. (TSLA). Find out the revenue, expenses and profit or loss over the last fiscal year.finance.yahoo.com
People aren't throwing money at Tesla because of feels no, they aren't throwing money at Tesla's products at all really. Plenty are speculating on Tesla shares however.
The goal is max growth.been like this for ages, since the company's inception basically, I don't think there is a goal of profit at all
just lots of bluster and inflated stock prices while the US government provides subsidies till kingdom come