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Is it Tesla fault that other manufactures are dumb? Every company plays with the same regulatory framework. People here want more regulation to force companies

by nickik 6y ago

Is it Tesla fault that other manufactures are dumb? Every company plays with the same regulatory framework. People here want more regulation to force companies to go green but then relentlessly clown companies that play well within these regulation. Tesla was well on its way to profitability, and would have easily been without Corona. They managed to make a little profit anyway because the used credit sales. Even without Credits they would have had impressive results given the global situation. In Q3 Tesla will make a profit way beyond credits and then this 'lets distract from reality' story-line can die too. And in Q4 people who made this argument will really start to look incredibly dumb. Tesla is making money because they have really fantastic margin on their cars and have really good ROI but instead of talking about that everybody deflected and made fun of them that they made profit 'only' because of credits.

Gibbon1 6y ago
I don't get it on one side you got the people that think Musk is god. Mention to them that there are a lot engineers and techs doing the heavy lifting and they get really really mad. Then you got the other side that thinks Tesla is a grift. And mention that it appears they've been making a small profit on every unit shipped and those guys lose it on you. Profit on units shipped is the mark of going business. Means the investors cash is being spent on building out the business not subsidizing a money losing business.
- ksec 6y ago
  Well isn't it pretty much the same with all other discussions on the Internet. No one wants to discuss, they just want to make a point. It is similar situation with Apple's App Store. You see people, even on HN defending Apple, saying it is Apple's Platform they can do whatever they want. Which is fine as a statement, but without really ever addressing the question raised by the counter party.
charliemil4 6y ago
Nope -- I think it's brilliant. So many 'unrealized revenue' sources to dip into for any Q.

by nickik 6y ago

Gibbon1 6y ago

I don't get it on one side you got the people that think Musk is god. Mention to them that there are a lot engineers and techs doing the heavy lifting and they get really really mad. Then you got the other side that thinks Tesla is a grift. And mention that it appears they've been making a small profit on every unit shipped and those guys lose it on you. Profit on units shipped is the mark of going business. Means the investors cash is being spent on building out the business not subsidizing a money losing business.

ksec 6y ago
Well isn't it pretty much the same with all other discussions on the Internet. No one wants to discuss, they just want to make a point. It is similar situation with Apple's App Store. You see people, even on HN defending Apple, saying it is Apple's Platform they can do whatever they want. Which is fine as a statement, but without really ever addressing the question raised by the counter party.

charliemil4 6y ago

Nope -- I think it's brilliant. So many 'unrealized revenue' sources to dip into for any Q.