| Tesla Motors Discussion about Tesla Motors |
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10-16-2008, 07:11 AM
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#41 | | Junior Member
Join Date: Jul 2008 Posts: 21 |  Tesla's Future
<<<<< The Tesla investors and I are unequivocally dedicated to ensuring the success of Tesla. If you have bought a car from Tesla or are thinking of doing so, please know that I personally stand behind delivering a product that you will love and continuing to develop new models in the future. >>>>> Quote from Elon
After a string of failures Elon stated very strongly that he was standing squarely behind Space X. It now appears that they have turned the corner. Now, he is showing the same spirit at Tesla.
I realize that he has received a lot of criticism on this site, however, looking down the barrel of a steep recession, I believe his dogged determination and persistence is just the leadership Tesla needs to survive and prosper. | 
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10-16-2008, 07:23 AM
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#42 | | Junior Member
Join Date: Sep 2008 Posts: 20 | Quote:
Originally Posted by tomsax  I don't think that's right. They have about 900 customers who have production sequence numbers, meaning they have put down more than the $5,000 initial deposit, plus somewhere around 300 more who have made just the 5k deposit. If we assume an average deposit of 60k, that works out to 900*60k+300*5k = $55.5 million, plus or minus $10 million.
| Tomsax - You're assuming that the down payment from the 900 customers hasn't already been spent trying to keep the company afloat. Why do you think the money's still there? | |
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10-16-2008, 02:30 PM
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#43 | | Super Moderator
Join Date: May 2008 Location: Winchester, UK Posts: 2,975 | | |
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10-16-2008, 02:42 PM
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#44 | | Super Moderator
Join Date: Dec 2007 Location: Aptos, California Posts: 1,551 | Wow... a whole bunch of wrong in this article. Who is this person who is apparently paid to rant so many factual inaccuracies and specious correlations?
My favorite part was this though: Quote: |
...Elon Musk, the founder who got rich on Papal should know...
| Apparently, Elon is Catholic! | |
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10-16-2008, 02:45 PM
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#45 | | Super Moderator
Join Date: May 2008 Location: Winchester, UK Posts: 2,975 | I made a comment - it hasn't appeared yet.
If you read some of his other postings, you will see he is anti-electric, anti-solar and ex-Detroit (even anti-LED lighting).
Last edited by dpeilow; 10-16-2008 at 02:56 PM..
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10-16-2008, 08:27 PM
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#46 | | Super Moderator
Join Date: Dec 2007 Location: Aptos, California Posts: 1,551 | Commentary on the commentary. Does that mean we have now gone Meta? Bloggers Castigate Tesla Motors for "Militant" Management Style After Fresh Shakeup Quote: |
The Monday-morning quarterbacks were out in full force in the wake of Tesla Motors' announcement on Wednesday that it is delaying the production of its Model S sedan until mid-2011, laying off staff and closing its vehicle engineering office in Rochester Hills, Michigan. Chairman Elon Musk is also assuming the CEO duties of Ze'ev Drori in a fresh management shakeup at the electric start-up that manufactures the Tesla Roadster.
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10-16-2008, 10:55 PM
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#47 | | Senior Member
Join Date: Jun 2008 Location: Sammamish, WA Posts: 136 | Quote:
Originally Posted by thejump Tomsax - You're assuming that the down payment from the 900 customers hasn't already been spent trying to keep the company afloat. Why do you think the money's still there? | I'm not assuming anything.
My post was in response to an earlier post that seemed to assume that Tesla has spent all of that money. My post just pointed out that Tesla has other, larger, sources of capital and thus could have done as much as they have without spending some big chunk of the owner deposits.
If you read the rest of my post, I make it pretty clear that I don't assume they haven't spent the deposits, but I think they are smart enough to not be in that situation. | |
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10-17-2008, 12:45 PM
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#50 | | Senior Member
Join Date: Jun 2008 Location: Sammamish, WA Posts: 136 | I'm getting bored with reading the same angle on Tesla's recent news over and over.
Here's my take: Tesla Motors - Its's not just the economy, stupid! - Tom's Blog
Was anyone else surprised to hear they are already making a profit on selling their powertrain to other car companies? | |
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