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Why? He's succeeded against all odds in making a fantastic car, that's not in dispute, and they'll be profitable almost in q3 and definitely in q4.
by Latteland 8y ago
Why? He's succeeded against all odds in making a fantastic car, that's not in dispute, and they'll be profitable almost in q3 and definitely in q4.
- carlivar 8y agoJust making profitability is irrelevant if they can't pay back the enormous loans coming due over the next year. (Also I don't think they'll be profitable)
- Latteland 8y agoNothing is guaranteed, but can you explain why they won't be? Selling lots more cars, they cost less than they sell them for, that should at the very least greatly reduce their loss,they think it will be enough to make them profitable. So what's your take?
- carlivar 8y agoI don't think they will be profitable enough to pay back the staggering loans coming due. Even if they manage, I fail to see why they should be priced much differently than GM, Ford, BMW, Mercedes, Toyota as far as long-term stock valuation goes. The "synergy" promised from SolarCity and Powerwall and so on doesn't seem to be a thing any longer.
- jazzyjackson 8y agoI don't think a giant touchscreen for an interface has broad appeal but we'll see how they sell. iirc there aren't even buttons to lock the doors? talk about cheap.