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Tesla: how long do you think they'll last as a company..?

russ69 said:
It goes like this: We are investing in our future...meanwhile back at the ranch, they are making no net money. The question is, how long do investors expect to wait before they make some money? Amazon is something like 17 years into no profit. That's amazing. Isn't the stock price somewhat based on the fact that a company will make some money? When the stock price peaks out, what will attract new investors? Will current investors cash out when the stock goes flat causing the stock price to spiral down? I don't know but one thing is for sure, you have to make money to stay in business.
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Apparently not any more. :laughing
 
The CEO of our parent company had a sit-down meeting with Elon when he was visiting our location a couple weeks ago. Elon flat out told him that he's not expecting to make a profit from Tesla for a very long time and that that's not his objective right now.
 
russ69 said:
As soon as the feds stop pumping money into the venture.
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:laughing High-larious argument.

How is this different from all the other car companies which receive subsidies on many levels?
 
TylerW said:
Personally, I think that anyone who sincerely believes that Apple will actually produce a car is out of their damn mind.

Apple doesn't want anything to do with a product that could kill someone.
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Also cars are too expensive for the iproduct sales model. Look at how many 82 Rabbit Diesels held together with bubblegum and paperclips have those apple logo family stickers on the back. You can't make a car obsolete in 2 years when Car 2.0 is released.
 
MikeL said:
Stock price is based on a lot of different variables. The valuation of the company itself is one. If the company is worth MORE than the price of the stock, you could say the stocks ill go up. You just don't know the pace. Stock price is not purely based on profit.
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But sustainability of the company is.
MikeL said:
Nobody actually knows if a stock price has peaked. You can run valuations and use all sorts of techniques but you don't ever know for certain.
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Yes that is true.
MikeL said:
What I find hilarious is a company that is born in the USA, manufactures in the USA, and on this forum, so many people want to see them fail. BARF never ceases to amaze me :laughing
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I don't want to see them fail but they will if they don't start making a profit.
 
TylerW said:
Personally, I think that anyone who sincerely believes that Apple will actually produce a car is out of their damn mind.

Apple doesn't want anything to do with a product that could kill someone.
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I suspect they will be buying it for the battery technology and keep Tesla as a separate operation. :dunno
 
I seem to recall that the press widely reported that Elon shelved a proposed deal to integrate Google self-driving tech. If he can't even handle that kind of partnership, what would make anyone think that he would allow his baby to get sold to Apple? I think market conditions permitting, Tesla is going to stay independent.
 
russ69 said:
But sustainability of the company is.
Yes that is true.
I don't want to see them fail but they will if they don't start making a profit.
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Money is chasing growth right now. As long as Tesla continues to execute on product, they will find eager investors. I do agree with you on AMZN, however. I think their businesses do not offer any foreseeable promise of high margin, their products aren't really very good, and their technical capabilities are not strong enough to merit their valuation.
 
Last edited:
Regardless of how long they "last", they have accomplished a huge part of their mission to draw the public's attention to electric vehicles, forcing almost ALL other manufacturers to get in the game.

The earth ain't making any more oil, what we are getting from shale and tar sands is barely net energy positive in a lot of cases, through manipulation and natural supply and demand forces driving oil prices, an extended period of super low crude could kill all electric cars (again) but hopefully the world sees the need for alternative power vehicles and that certainly OIL WILL RUN OUT. The impact of that is a matter of exactly when and what we have done to temper it. Electric vehicles may not be the silver bullet, but we need to dedicate resources to solving this, now, not just sucking the last bit of oil.

Tesla has been huge in this shift and I commend them for it, hopefully humans are not so shortsighted to drop it for some temporary cheap oil.
 
russ69 said:
It goes like this: We are investing in our future...meanwhile back at the ranch, they are making no net money. The question is, how long do investors expect to wait before they make some money? Amazon is something like 17 years into no profit. That's amazing. Isn't the stock price somewhat based on the fact that a company will make some money? When the stock price peaks out, what will attract new investors? Will current investors cash out when the stock goes flat causing the stock price to spiral down? I don't know but one thing is for sure, you have to make money to stay in business.
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You don't really believe Amazon doesn't actually turn a profit, do you?
 
Kornholio said:
The CEO of our parent company had a sit-down meeting with Elon when he was visiting our location a couple weeks ago. Elon flat out told him that he's not expecting to make a profit from Tesla for a very long time and that that's not his objective right now.
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He has said that in public interviews.
 
mercurial said:
I seem to recall that the press widely reported that Elon shelved a proposed deal to integrate Google self-driving tech. If he can't even handle that kind of partnership, what would make anyone think that he would allow his baby to get sold to Apple? I think market conditions permitting, Tesla is going to stay independent.
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I was going to work at Google as a contractor for their Google self-driving tech. They told me they were 'working on something big'. I thought that they were cutting a deal with Tesla. They canceled the contract before I could start.

Musk said he looked at the Google self-driving tech and found that the Google system was too expensive and he could do it better for less money.

Google came out with the small Panda self-driving car and I was not sure it that was "something big" or Tesla was "something big". If it was the Panda car, then I'm glad it never happened. :laughing
 
60% of Tesla employees are software engineers. GM, Ford, Chrysler....about 2% of their respective workforce work on software.
 
If they built an economic all electric vehicle to compete with the Prius Plugin and Volt, something in the $25k-$35k range, then I can see them getting far. Also they need to make the range on those vehicles at least 300 miles per charge. If they did that, I can see them being up there especially with gas prices going up again.
 
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