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Msg ID: 2691288 Elon Musk. And his stupid little cars, (NT) +2/-2     
Author:Too
6/4/2021 8:14:41 AM


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Msg ID: 2691301 Elon Musk. And his stupid little cars,  +10/-2     
Author:BigT
6/4/2021 9:30:14 AM

Reply to: 2691288

This "company" would not be a company without government sponsorship.  They lose money on every car sold.  Due to pie-in-the-sky goofy regulations, real car companies have to pay Musk a fee for every car they sell.  What a shakedown!

So-called "public/private partnerships" are what characterized natzi Germany....

"until recently, Tesla which sold 500,000 vehicles last year had a larger market cap than the entire incumbent global auto industry, which sold about 65 million units. Yet Tesla has never made a dime manufacturing and selling its electric vehicles.

For instance, it recently reported first quarter 2021 net income of $438 million on 185,000 cars delivered. But that profit was based on $518 million of regulatory credit sales and a $101 million positive gain from its Bitcoin position and sales. Strip these out and……Tesla lost $181 million selling cars.

Stated differently, during the past quarter alone Tesla lost just under $1,000 per car sold!

For want of doubt, here is what Tesla has been padding its financials with: Namely, regulatory credits that are sold to, well, GM, Ford, Fiat Chrysler and the rest of Tesla’s regular-way auto competitors, who must pay tribute to the loud-mouth from Silicon Valley in order to comply with clean energy standards.

When you subtract the above government manufactured and soon to disappear “income”, here is what Tesla actually generated on the bottom line. Rather than its ballyhooed 7 consecutive quarters of positive net income, it has actually produced 10 straight quarters of red ink."



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Msg ID: 2691307 Elon Musk. And his stupid little cars,  +6/-1     
Author:Isotope
6/4/2021 10:12:13 AM

Reply to: 2691301

Not to mention a higher per capital carbon footprint, and toxic environmental killing rare earth pollution.

The only way electric vehicles become carbon neutral is through the use of 100% nuclear power to charge them.



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Msg ID: 2691310 And he is being used to wreak havoc in (NT) +1/-0     
Author:the crypto market
6/4/2021 10:40:56 AM

Reply to: 2691307


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Msg ID: 2691362 Elon Musk. And his stupid little cars,  +0/-3     
Author:JH
6/4/2021 3:25:20 PM

Reply to: 2691288

poster and his little mind.



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Msg ID: 2691814 Elon Musk. And his stupid little cars,  +0/-0     
Author:Love my Tesla
6/7/2021 8:24:45 PM

Reply to: 2691362

Just sold my first one and order a new one. Best car I've ever owned. I'm old have owned a bunch of cars. Love to put the little rice rocket cars in their place. Leave them in my wake off the line.



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Msg ID: 2691836 Yeah but, go on a road trip at speed and with a/c (NT) +1/-1     
Author:& stop every 150 miles for a charge!
6/7/2021 11:53:10 PM

Reply to: 2691814


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