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How does Musk's ambitious goals relate to manufacturing quality? He made similarly over-optimistic predictions about SpaceX. They were several years late with
by kjksf 9y ago
How does Musk's ambitious goals relate to manufacturing quality?
He made similarly over-optimistic predictions about SpaceX. They were several years late with their rockets and yet SpaceX crushes competition today.
If you seek some objective measure of Tesla's engineering capabilities, maybe the fact that Model S was named best overall car 2 years in a row by Consumer Reports should be more pertinent that Musk's tweets (http://time.com/3721049/tesla-model-s-consumer-reports-car/ http://time.com/3721049/tesla-model-s-consumer-reports-car/).
- dragontamer 9y agoThat's nice and all, but the investor is interested in whether or not a company makes money. For a company like Tesla which is on the order of LOSING $1.8 Billion / year, the fact of the matter is that ramping up Model 3 production ASAP is incredibly important. https://www.marketwatch.com/investing/stock/tsla/financials https://www.marketwatch.com/investing/stock/tsla/financials Tesla's cash flow is in a poor state, and the company is relying upon hypothetical Model 3 shipments to carry them over. It doesn't matter how good a car is if they can't build it. With that said, maybe a bank will sponsor them some debt, or maybe the investors will throw more money in another stock dilution. As long as the banks / investors are happy, Tesla isn't really at risk of going bankrupt. But with that said, its unlikely for the share price to increase or to issue a dividend.
- krrrh 9y agoApparently 25% of Tesla’s cash on hand is reservation deposits for model 3 cars.