Quickest way to become a $$Millionare...
1. Begin with $1Billion
2. Start up either a car company or an airline.
1. Begin with $1Billion
2. Start up either a car company or an airline.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Finally! Tesla IPO
- Thread starter TMcKenna
- Start date
Quote from 1prometheus:
The idea of a performance electric is a neat gimmick, but is of no benefit to anyone, much like the Prius.
What the world could use is a feet of safe, affordable lighter weight cars that get 50mpg and are not made of completely toxic materials using toxic processes.
When I was a kid a Ferrari had 260HP. now they have what, 2X that or more? The HP race has gone insane.
Lets use that technology to have decent, lighter weight family vehicles that can get 50 mpg.
If we can read the economy of the Debt pyramid scheme, there will not longer be an incentive for massive and idiotic consumption, and both people and the planet will be better off.
We need to end the -rape the planet for profit- economic plan, as it will soon be vastly reducing the quality of life for everyone on earth. By the way this is coming from a stone cold rightist/conservative, I am not a leftist green, etc.
I used to love high performance cars and I owned a few. When I moved to an urban center and sold them, it was eye opening. I now see that cars are by and large a huge waste of resources, including time. I am now perfectly happy with a zip car those few times I need to drive.
When I do need a car again I will get a used 4runner or something similar. The system needs the excess consumption so that people have the income to make their debt payments. The entire consumer-based economy is insane and counter-productive.
truth. The world around has turned into one huge horde machine. Certainly we are progressing, but to what end are we all progressing towards?
I too use to want all the excess and the obscene, but I realized all that is pointless. Good food, good health, good friends & family. .
Quote from S2007S:
Come on, are you fucking kidding me, an IPO to raise another $100 million dollars, lets understand something here, Tesla which many people don't even know what the company does, received a $465 MILLION dollar low interest loan. Tell me why they received this loan if the cars they produce are only for the rich, the first car released is going for SIX fucking figures and only a "FEW" hundred have been produced and sold so far. The next "FAMILY SEDAN" to come out will be priced above $55,000. Please tell me why this company is receiving these kind of tax payer handouts, the only people getting anything out of it are the already millionaires and billionaires invested heavily in the company. So here we are again handing out hundreds of millions of dollars to a car company that barely has any cars on the road or business plan moving forward to even show how great and affordable one day these cars will be for our economy and people.
because the technology is state-of-the-art and here today, it's managed by an incredible group of people, has an elite class of investors backing it, toyota bought in, and the usa needs a new green car company to keep the idiots asleep at the switch at ford and gm awake.
fyi, tesla has barely touched the government loan. elon musk has bankrupted himself to keep the company going with as little debt as possible.
it's a brilliant business plan, product, company, and i for one, will be subscribing to the ipo.
nicola tesla is smiling from beyond the grave.
Quote from TRYKtrading:
because the technology is state-of-the-art and here today, it's managed by an incredible group of people, has an elite class of investors backing it, toyota bought in, and the usa needs a new green car company to keep the idiots asleep at the switch at ford and gm awake.
fyi, tesla has barely touched the government loan. elon musk has bankrupted himself to keep the company going with as little debt as possible.
it's a brilliant business plan, product, company, and i for one, will be subscribing to the ipo.
nicola tesla is smiling from beyond the grave.
They are manufacturing a car for the upper class, how many people in this economy are going to run out and buy a $100k+ sports car to save money at the pump, it just doesn't make any sense. And what about the new $50k+ sedan they have coming out. This company is not making a single dollar and probably won't for many, many years. They are focusing on selling $100k+ cars to individuals in the upper class. Where are the $20-30k electric cars being built by tesla, why start with $100k electric cars. If they were a smarter company they would have started with introducing an electric car to suit everyone's needs, a car affordable for most of the population who doesn't want to spend $45 filling up their car once a week, but would rather get the chance to buy something new and innovative at the right price.
Tesla is having major cash flow problems, in the last few months of 2009 they already used up $37 million, in the first quarter it slowed to around $8.4 million.
Sales in the first quarter were flat year over year and sales in the US have fallen quite a bit.
Quote from S2007S:
They are manufacturing a car for the upper class, this company is not making a single dollar and probably won't for many, many years. They are focusing on selling $100k+ cars to individuals in the upper class Where are the $20-30k electric cars being built by tesla, why start with $100k electric cars, even the next sedan coming out in the next 2 years is priced above $50,000, this is not going to sell.
Tesla is having major cash flow problems, in the last few months of 2009 they already used up $37 million, in the first quarter it slowed to around $8.4 million.
Sales in the first quarter were flat year over year and sales in the US have fallen quite a bit.
glass is half empty for you, huh. so don't buy a tesla if you can't afford it, too bad. buy a gm volt, or a prius.
the price of all first generation products is always excessive, as it is targeted to a specific consumer and market, and can not be financially viable to mass production until critical mass is reached.
if you recall, the prius was a horribly expensive hybrid it's first few years, until they reached economies of scale in their production and had accumulated enough orders to ascertain market demand.
toyota was overwhelmed. look at hybrids now. every car company, every country, every model, all price ranges, all vehicle classes.
toyota just injected 50M into tesla. they aren't having cashflow problems now, and won't when the ipo is completed.
they'l be awash with cash, swimming in it, actually, with no debt.
your argument holds no water.
i'm buying this ipo.
Quote from 1prometheus:
I used to love high performance cars and I owned a few. When I moved to an urban center and sold them, it was eye opening. I now see that cars are by and large a huge waste of resources, including time. I am now perfectly happy with a zip car those few times I need to drive.
When I do need a car again I will get a used 4runner or something similar. The system needs the excess consumption so that people have the income to make their debt payments. The entire consumer-based economy is insane and counter-productive.
translation:
hypocrite.
Anyone own one of these? I just saw the Top Gear test drive.
http://www.youtube.com/watch?v=8DfHyGD7_pM
It's fast as hell in a straight line, but it seems like it would be a pain to own, unless it's a second or third car, and you don't get too far from home.
http://www.youtube.com/watch?v=8DfHyGD7_pM
It's fast as hell in a straight line, but it seems like it would be a pain to own, unless it's a second or third car, and you don't get too far from home.
<object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/BVxT_c5S5xg?fs=1&hl=nl_NL"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/BVxT_c5S5xg?fs=1&hl=nl_NL" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object>Quote from etile:
truth. The world around has turned into one huge horde machine. Certainly we are progressing, but to what end are we all progressing towards?
I too use to want all the excess and the obscene, but I realized all that is pointless. Good food, good health, good friends & family. .
Theres a reason he wants to be a billionaire, not just a millionaire. Wealth is RELATIVE.
In 2100, people want to be a TRILLIONAIRE. They just want to be the richest, the actual dollar amount doesn't matter.