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I think the biggest worry looming is the financials. Everybody is freaking out on their burn rate.
by sprafa 7y ago
I think the biggest worry looming is the financials. Everybody is freaking out on their burn rate.
- WhompingWindows 7y agoWho is freaking out about their burn rate? Do you know their burn rate for Q2? Q1 had logistical problems which reduced deliveries made, Q2 is going to look good in comparison.
- threeseed 7y agoEveryone. Their stock price plummeted last month. https://www.reuters.com/article/us-usa-stocks-tesla/tesla-stock-and-bonds-tumble-as-investors-fret-about-costs-and-safety-idUSKCN1SQ1WY https://www.reuters.com/article/us-usa-stocks-tesla/tesla-st...
- x2f10 7y agoIt did? Google is reporting a 26.93% gain. $178.97 on Jun 3 to $227.17 on July 1. That's not much of a "plummet".
- new_realist 7y agoCherry pick.
- sprafa 7y agoThe economist had a good article on how out of control their financials are.
- nolok 7y ago> Q1 had logistical problems which reduced deliveries made, Q2 is going to look good in comparison. You make it sounds like Q1 was a one time exception when "problem on the manufacturing lines, deliveries far below planned number" has been the norm for years now.
- kccqzy 7y agoProblems on the manufacturing lines have been resolved quite a long time ago. Now they are facing logistical difficulties of delivery.
- new_realist 7y agoThe dog is always eating Tesla’s homework. Skepticism is warranted here.
- tropo 7y agoLosing three vice presidents ought to help with the burn rate. They were insiders at a public company, so perhaps their pay was filed with the SEC.
- erikpukinskis 7y agoPeople freaking out about Tesla is an entire industry. It has happened the entire history of the company, without pause. It means nothing.