Discussion in 'The War Room' started by JonesBones, May 15, 2018.
They have lots of large warehouses, and all the employees to fill the orders.
That is true, but isn't that paid for by the merchandisers/sellers who use the warehouses?
It's been a battery company pretending to be a car company to sell it's product for a while.
This might be I signal that it's ready to pivot.
It could also be fatigue from executives.
It will be interesting to see how it unfolds.
Here is a more recent article:
A few years ago, Tesla seemed to be leading the race to develop self-driving cars. The company had rolled out a lane assistance feature, dubbed AutoPilot, leading to controversy related to the use of that name and overall consumer expectations of what a product labeled “AutoPilot” could reasonably achieve. Now, a new report from Navigant Research has dropped, rating the relative positions of various firms racing to develop self-driving cars — and it ranks Tesla dead last, behind the entire field. Even Uber ranks better, which has to be particularly galling, given that company’s various legal problems, accusations of IP theft, overall treatment of drivers, and customer privacy concerns.
They are good at batteries. That is it.
Just beat me to it. Their batteries are best in class. But everything is still riding on the Model. 3.
I wonder if it will affect my resale.
Don't know. Never looked into that. All I remember is Amazon losing billions for many years. Below article says they started to turn a profit in 2001, I am surprised at that cause I had the feeling they only started to turn a profit in the late 00s or early 10s.
He wasn't even on the list. lol. Ya, that's a big one. Musk is supposedly very hard to work for. I mean, if all these people are leaving, when is the problem not everyone else but you?
That's why I don't think they are doomed as much positioned for a pivot especially with oil going up.
Is their battery tech proprietary?
The only person I know with the Tesla is a smug prick who likes the smell of his own farts.
That's all I have that contribute to this thread.
COR includes more than COGS (marketing, for example).
Forgive my ignorance but could someone explain why they simply can't operate a profit? It's an electric car, not rocket science. Where is the R&D going?
Truth is in the middle.
So operating income?
He open sourced a bunch of patents a couple of years ago. I'm not sure if the battery patent was included or not.
Operating income is a measure of income. COR is a measure of costs.
Not commenting on TSLA specifically, BTW. Just saying that COR is a thing.
I don't really follow TSLA because I don't think that the accounting really matters for them, but does anyone know what happened to accounting bookings, and especially accounting bookings to sales? Dropped to .754 in the most recent quarter, while it's generally been over 1. Similar drop in cash received from customers (down 17% YOY on a three-month basis, while rev was up 26%). Probably a good explanation, but I don't know it.
If he opened sources his battery tech knowing it would hurt profits he might be one of the greatest humanitarians in history....
Horrible CEO lol..... unless the goodwill was worth it
I like how @ultramanhyata just sort of bowed out of the conversation after this post LMFAO!
Cost of goods sold.
To be fair, "I have never heard of..." is just about the worst way to establish your stance in a debate, for it's basically just an up-front admission that you simply don't know as much as other people on the subject matter, especially when it comes to common knowledge.
I have my own doubts about Tesla's long-term survival myself, especially with their cash burn rates while the Model 3 egg-basket is taking forever to hatch, but it's common knowledge that so much investor/customer goodwills and patience for Tesla now came from the resounding accomplishments set by their premium Model S, despite the occasional mishaps on the road that aren't really their fault (sleeping on auto pilot, anyone?)
Somebody earlier mentioned that Tesla is like a religion, I'd say Model S was their prophet, and it did a hell of a good job in bringing believers into the fold.
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