Page 3 of 5 FirstFirst 12345 LastLast
Results 21 to 30 of 44

Thread: Elon Musk, what is the catch?

  1. #21
    Banned
    Join Date
    Mar 2011
    Last Online
    03-06-2022 @ 05:21 PM
    Meta-Ethnicity
    NBK
    Ethnicity
    Black Finn
    Country
    Finland
    Region
    Texas
    Taxonomy
    Kylälahtic/Australoid, NEOMORPH
    Politics
    Santeri Alkio
    Hero
    Action Jackson
    Religion
    Steel Eight
    Gender
    Posts
    10,498
    Thumbs Up
    Received: 6,608
    Given: 1,825

    0 Not allowed!

    Default

    https://www.breakingthenews.net/tesl...tails/46425384

    Tesla Inc. is cutting its workforce by 7% as part of its cost-cutting efforts aimed at selling Model 3 sedan at a lower price, the Wall Street Journal reported on Friday citing a memo written by CEO Elon Musk to his employees. Meanwhile, the company's shares were down almost 4.5% during premarket trading and following the news report.
    "Tesla will need to make these cuts while increasing the Model 3 production rate and making many manufacturing engineering improvements in the coming months," Musk stated in the memo. "Higher volume and manufacturing design improvements are crucial for Tesla to achieve the economies of scale required to manufacture the standard range (220 mile), standard interior Model 3 at $35k and still be a viable company," he pointed out.

    Quote Originally Posted by Elon Musk
    Sorry for all these numbers, but I want to make sure that you know all the facts and figures and understand that the road ahead is very difficult

  2. #22
    Banned
    Join Date
    Mar 2011
    Last Online
    03-06-2022 @ 05:21 PM
    Meta-Ethnicity
    NBK
    Ethnicity
    Black Finn
    Country
    Finland
    Region
    Texas
    Taxonomy
    Kylälahtic/Australoid, NEOMORPH
    Politics
    Santeri Alkio
    Hero
    Action Jackson
    Religion
    Steel Eight
    Gender
    Posts
    10,498
    Thumbs Up
    Received: 6,608
    Given: 1,825

    0 Not allowed!

    Default

    Toyota is developing hydrogen fuel cells

    http://www.thedrive.com/tech/26050/e...-corolla-costs

  3. #23
    Banned
    Join Date
    Mar 2011
    Last Online
    03-06-2022 @ 05:21 PM
    Meta-Ethnicity
    NBK
    Ethnicity
    Black Finn
    Country
    Finland
    Region
    Texas
    Taxonomy
    Kylälahtic/Australoid, NEOMORPH
    Politics
    Santeri Alkio
    Hero
    Action Jackson
    Religion
    Steel Eight
    Gender
    Posts
    10,498
    Thumbs Up
    Received: 6,608
    Given: 1,825

    0 Not allowed!

    Default

    One more option for propulsion. Soletair is making fuel from carbon and hydrogen

    https://www.sciencedaily.com/release...0808182423.htm

    Jamie Hyneman opened the first test factory in Lappeenranta, so this must be good


  4. #24
    Fantasy Peddler
    Apricity Funding Member
    "Friend of Apricity"

    Kazimiera's Avatar
    Join Date
    Mar 2012
    Last Online
    @
    Meta-Ethnicity
    Slavic / Germanic
    Ethnicity
    Caucasian
    Country
    South Africa
    mtDNA
    I1b
    Taxonomy
    West Baltid
    Religion
    Roman Catholic
    Relationship Status
    Married
    Age
    99
    Gender
    Posts
    26,399
    Thumbs Up
    Received: 35,590
    Given: 16,990

    1 Not allowed!

    Default

    Elon Musk's cult of personality.......

    People are fooled by him as well as the name 'Tesla'. If it says 'Tesla' then it must be good and valuable, right? Because Elon Musk is a good guy and Nikola Tesla was a well-known innovator. What Musk is good at is publicity and that is where the buck stops.

    Whatever Tesla manufactures and will manufacture is overpriced, whether it's a car or nail clipper.

  5. #25
    Banned
    Join Date
    Mar 2011
    Last Online
    03-06-2022 @ 05:21 PM
    Meta-Ethnicity
    NBK
    Ethnicity
    Black Finn
    Country
    Finland
    Region
    Texas
    Taxonomy
    Kylälahtic/Australoid, NEOMORPH
    Politics
    Santeri Alkio
    Hero
    Action Jackson
    Religion
    Steel Eight
    Gender
    Posts
    10,498
    Thumbs Up
    Received: 6,608
    Given: 1,825

    0 Not allowed!

    Default

    Quote Originally Posted by slink12 View Post
    That's how business works. You are taking loans and have loses at the beginning, but the potential value which you bring to the world is valued higher comparing to the actual value. I am pretty much sure that his company taking cash loans in order to cover all the expenses. These loans are taking from financial institutions or from the board.
    It looks like I'm answering to bloody bot but anyway

    In recent weeks, Tesla's communications style seem to have changed considerably. In the course of weeks, we have been moving from really high flying to well-behaved and official style. The measures are what would be expected when the cash situation begins to be critical.

    The situation can be anything and anything can happen, but likely scenario is:

    - Musk has lost Tesla's control to a significant extent. Decisions are practically dictated by another party, such as the largest creditors or law firm.

    - Some sort of reorganization is going to happen, probably Chapter 11 or Chapter 7. Fastest this could happend is whithin month, slowest before midsummer.

    - In a positive scenario, Ch 11 or Ch 7 is going to be avoided with help of a group of investors who are going to give a large loan package under strict conditions.

  6. #26
    Veteran Member Arsen_'s Avatar
    Join Date
    Dec 2011
    Last Online
    11-11-2020 @ 02:39 PM
    Meta-Ethnicity
    Armenian
    Ethnicity
    Armenian
    Country
    Russia
    Gender
    Posts
    5,016
    Thumbs Up
    Received: 3,046
    Given: 1,137

    0 Not allowed!

    Default

    Quote Originally Posted by Harkonnen View Post
    In the stock markets , Tesla is the most valued (expensive) car company, and it just makes no logical sense.
    Once upon a time, dinosaurs were masters of the whole Earth, and mammals dragged out a miserable existence, but now the world is not as used to be! You can see Tesla as mammals in the age of dinosaurs.


  7. #27
    Banned
    Join Date
    Mar 2011
    Last Online
    03-06-2022 @ 05:21 PM
    Meta-Ethnicity
    NBK
    Ethnicity
    Black Finn
    Country
    Finland
    Region
    Texas
    Taxonomy
    Kylälahtic/Australoid, NEOMORPH
    Politics
    Santeri Alkio
    Hero
    Action Jackson
    Religion
    Steel Eight
    Gender
    Posts
    10,498
    Thumbs Up
    Received: 6,608
    Given: 1,825

    0 Not allowed!

    Default

    Quote Originally Posted by Arsen_ View Post
    Once upon a time, dinosaurs were masters of the whole Earth, and mammals dragged out a miserable existence, but now the world is not as used to be! You can see Tesla as mammals in the age of dinosaurs.
    We shall be spotting for that meteorite.

  8. #28
    Banned
    Join Date
    Mar 2011
    Last Online
    03-06-2022 @ 05:21 PM
    Meta-Ethnicity
    NBK
    Ethnicity
    Black Finn
    Country
    Finland
    Region
    Texas
    Taxonomy
    Kylälahtic/Australoid, NEOMORPH
    Politics
    Santeri Alkio
    Hero
    Action Jackson
    Religion
    Steel Eight
    Gender
    Posts
    10,498
    Thumbs Up
    Received: 6,608
    Given: 1,825

    0 Not allowed!

    Default

    Lots happend in just few days. First Tesla spiked up the electricity bill:

    Tesla increases Supercharging prices to the point that gas might be cheaper

    For 100kWh battery packs, a full charge costs $32 to $36 based on the new rates. Refueling with 12 gallons of gas at Tesla's claimed $2.85 per gallon costs $34.20. At the current national average, 15 gallons of gas is slightly cheaper than charging a Model S or Model X.

    BUT just a day later:

    Tesla reverses charging prices hike

    Electric-car maker Tesla has reversed a decision to drastically increase prices for its charging stations, following a backlash from customers.
    You could not write this gong show.

  9. #29
    Banned
    Join Date
    Mar 2011
    Last Online
    03-06-2022 @ 05:21 PM
    Meta-Ethnicity
    NBK
    Ethnicity
    Black Finn
    Country
    Finland
    Region
    Texas
    Taxonomy
    Kylälahtic/Australoid, NEOMORPH
    Politics
    Santeri Alkio
    Hero
    Action Jackson
    Religion
    Steel Eight
    Gender
    Posts
    10,498
    Thumbs Up
    Received: 6,608
    Given: 1,825

    0 Not allowed!

    Default

    Sweden is considering banning Tesla because safety concern over the sketchy autopilot system

    Sverige överväger förbjuda försäljning av Teslabilar
    Teslas system "kan inte godkännas med nuvarande lagstiftning". Med de orden arbetar svenska Transportstyrelsen för att stoppa försäljning av Tesla i sex månader i Sverige. Orsaken: att Tesla uppdaterar bilarnas säkerhetssystem trådlöst via nätet, utom myndigheternas kontroll.

    https://www.svd.se/sverige-overvager...-av-teslabilar

  10. #30
    Banned
    Join Date
    Mar 2011
    Last Online
    03-06-2022 @ 05:21 PM
    Meta-Ethnicity
    NBK
    Ethnicity
    Black Finn
    Country
    Finland
    Region
    Texas
    Taxonomy
    Kylälahtic/Australoid, NEOMORPH
    Politics
    Santeri Alkio
    Hero
    Action Jackson
    Religion
    Steel Eight
    Gender
    Posts
    10,498
    Thumbs Up
    Received: 6,608
    Given: 1,825

    0 Not allowed!

    Default

    "Tesla shares drop after Elon Musk says he does not expect to turn a profit in the first quarter"

    https://www.cnbc.com/2019/02/28/elon...7Cbreakingnews

    "Tesla To Shut Most Of Its Stores Worldwide"

    https://www.gizmodo.com.au/2019/03/t...of-its-stores/

Page 3 of 5 FirstFirst 12345 LastLast

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. What is Elon Musk's Y-dna?
    By Drawing-slim in forum Haplogroups
    Replies: 20
    Last Post: 10-05-2023, 01:34 AM
  2. Classify Elon Musk
    By SobieskisavedEurope in forum Taxonomy
    Replies: 62
    Last Post: 10-02-2023, 01:00 AM
  3. Elon Musk is Asian/Siberian/Hun Turk
    By indo-uralopean in forum Taxonomy
    Replies: 7
    Last Post: 11-28-2021, 04:22 AM
  4. How would you classify Elon Musk's accent?
    By Iloko in forum Linguistics
    Replies: 3
    Last Post: 07-27-2019, 09:58 AM
  5. Elon Musk is here!
    By DarkSecret in forum Türkiye
    Replies: 7
    Last Post: 11-10-2017, 12:42 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •