Author Topic: TESLA Model III  (Read 524974 times)

Offline johngenx

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Re: TESLA Model III
« Reply #1560 on: March 28, 2018, 06:42:55 pm »
tesla has played everybody.  it's valuation is laughable, but they won't run out of cash anytime soon if elon can issue more shares...which he will.

Be interesting so see what happens if Tesla has to issue more to raise cash.  The market might just continue to blindly buy into the propaganda machine that has painted that ridiculous idea that somehow Tesla is the exclusive maker of EVs and therefore the only automaker slated to survive the looming death of the ICE.  OR, and this is there, sitting in the background as a possibility: The call for more cash is a wake up to the fact that Tesla can't/won't make money and is just a giant furnace that burns giant bundles of cash.  If that wake up comes, then Tesla is done for.  Do I think it's likely, no.  But, it's there.

Offline ChaosphereIX

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Re: TESLA Model III
« Reply #1561 on: March 28, 2018, 06:45:16 pm »
Musk could announce an entire lineup of 20 kinds of CUV to fill all the niches in today's market and 10 more cars, pre-sell them all.

You know the isheep will buy them...
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Offline johngenx

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Re: TESLA Model III
« Reply #1562 on: March 28, 2018, 06:49:05 pm »
^^^ That is one strategy - but are deposits actual "spendable cash" or are they a potential liability on the balance sheet.  Interesting - I hadn't really thought of it until just now.

Offline Allen

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Re: TESLA Model III
« Reply #1563 on: March 28, 2018, 06:56:16 pm »
They can spend it, but I believe they have to carry them as a liability as they are refundable

Offline CanuckS2K

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Re: TESLA Model III
« Reply #1564 on: March 28, 2018, 06:56:44 pm »
The two biggest reasons why I would NEVER purchase a Tesla right now are;

1.  They are absolutely ridiculously priced for what you get.  I don't trust their technology nor their build quality one iota.
2.  I have doubts that they will exist as a car company in the next 5 years or less. 

Time will tell, I guess.
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Offline tenpenny

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Re: TESLA Model III
« Reply #1565 on: March 28, 2018, 06:57:27 pm »
^^^ That is one strategy - but are deposits actual "spendable cash" or are they a potential liability on the balance sheet.  Interesting - I hadn't really thought of it until just now.

They are a liability if you follow actual accounting rules.


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Offline johngenx

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Re: TESLA Model III
« Reply #1566 on: March 28, 2018, 07:02:14 pm »
They are a liability if you follow actual accounting rules.


Which I could see Tesla not doing and then trying to make up some BS about it afterwards.  If they burn through deposits but not delivering cars, then the deposits sit in the liabilities column while the asset of cash dwindles.  We used to call that "heading for insolvency" and today, in EV land, I wonder if people think the same thing?

If you were REALLY creative you could try to put the orders on the balance sheet!  Capitalize them!  Damn, we could make Tesla look amazing...   ;D

Offline Ex-airbalancer

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Re: TESLA Model III
« Reply #1567 on: March 28, 2018, 07:49:09 pm »
Musk could announce an entire lineup of 20 kinds of CUV to fill all the niches in today's market and 10 more cars, pre-sell them all.

You know  i will put a deposit down to buy them...

 ;D

Offline ChaosphereIX

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Re: TESLA Model III
« Reply #1568 on: March 28, 2018, 07:52:13 pm »
Musk could announce an entire lineup of 20 kinds of CUV to fill all the niches in today's market and 10 more cars, pre-sell them all.

You know  i will put a deposit down to buy them...

 ;D
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Offline UnknownJinX

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Re: TESLA Model III
« Reply #1569 on: March 28, 2018, 07:55:52 pm »


The two biggest reasons why I would NEVER purchase a Tesla right now are;

1.  They are absolutely ridiculously priced for what you get.  I don't trust their technology nor their build quality one iota.
2.  I have doubts that they will exist as a car company in the next 5 years or less. 

Time will tell, I guess.

Number 2 is actually a big issue. If Tesla goes under, then yeah, the used car value will be absolutely destroyed.

Offline rrocket

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How fast is my 911?  Supras sh*t on on me all the time...in reverse..with blown turbos  :( ...

Offline ChaosphereIX

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Re: TESLA Model III
« Reply #1571 on: March 29, 2018, 06:45:38 am »
got an email today that my cancellation was processed, and that my VISA will be refunded within 30 days

we will see

Offline Ex-airbalancer

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Re: TESLA Model III
« Reply #1572 on: March 29, 2018, 06:49:06 am »
got an email today that my cancellation was processed, and that my VISA will be refunded within 30 days

we will see
Wonder how many people have cancelled their order  ???

Offline ChaosphereIX

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Re: TESLA Model III
« Reply #1573 on: March 29, 2018, 08:00:47 am »
got an email today that my cancellation was processed, and that my VISA will be refunded within 30 days

we will see
Wonder how many people have cancelled their order  ???
A lot?

Offline rrocket

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Re: TESLA Model III
« Reply #1574 on: March 30, 2018, 12:30:18 pm »
got an email today that my cancellation was processed, and that my VISA will be refunded within 30 days

we will see
Wonder how many people have cancelled their order  ???
A lot?
Latest figure I read was only 30 percent of reservations are actually buying Model III.

Offline ChaosphereIX

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Re: TESLA Model III
« Reply #1575 on: March 30, 2018, 05:59:33 pm »
to be fair, the CDA price was known for a fairly long time. $45k base plus. $35k promised price is USD.

Offline ChaosphereIX

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Re: TESLA Model III
« Reply #1576 on: March 30, 2018, 09:34:37 pm »
to be fair, the CDA price was known for a fairly long time. $45k base plus. $35k promised price is USD.


That base price is not reality for anybody in Canada and now that people are seeing what AWD and some basic add one are going to cost they are getting a real taste of what the model 3 will cost.
$45k

if you want anything above that, then it is more - but the base car is $45k which is right in line with $35k USD

I was getting a base model, perhaps AWD if my budget could stretch

Offline conwelpic

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Re: TESLA Model III
« Reply #1577 on: March 31, 2018, 11:09:07 am »
the end of the first quarter:
according to Bloomberg's model 3 tracker, they are now at 1,076 units per week, something tells me they are not going to make the 2500 a week by midnight tonight - the projected target.   ;D

I wonder what the next revision projected numbers will be from Tesla for the next quarter - maybe try for the 2500 a week  ???
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Offline rrocket

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Re: TESLA Model III
« Reply #1578 on: March 31, 2018, 12:48:54 pm »
Get ready for the $1 billion loss this quarter...

Gigafactory will be mortgaged this year to secure more funding too.

Offline conwelpic

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