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Tesla Model 3 Release


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  • 9 months later...

The Street - Tesla Is One Gigantic Mess of a Tech Company

 

 

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Nope, it's full-on Tesla being its ridiculous self. The National Transportation Safety Board said Tuesday it was investigating a fatal March 23 crash in California. Tesla then came out with a Tuesday evening blog post saying it doesn't know what caused the crash. Again, Tesla comes off as a company that has no clue what's going on when investors are paying handsomely to own a gem of a high-growth company. I tell you, the difference in leadership between a Tesla and recent homerun IPO Dropbox (DBX) (good executive leadership and board) is marked. But the fun for Tesla this week doesn't end there. Moody's slashed its credit rating downgrade on Tesla on Tuesday. Buried in the report is this helpful nugget: "These cash needs will likely require Tesla to undertake a near-term capital raise exceeding $2 billion. Moreover, if the company maintains its expected pace of expansion, it will likely need to raise additional capital during the second half of 2019." All of this stock-crushing news flow arrives days before Tesla will release what many expect to be a weak quarterly sales report. The reality on Tesla is this: Wall Street is showing signs it realizes Tesla is poorly managed from the top and will face severe financial hurdles in the coming two years.

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:ols:

 

I love it.

 

That company has been poorly run from the start. Incredible it's taken this long for people to realize it. They can't build the cars they already took money for, their cars have numerous issues, etc etc etc

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9 minutes ago, twa said:

 

they still break down and need serviced

 

Well, no.  There is no internal combustion engine.  No tune ups, no filters, no fluids to change.

 

There are brakes and tires and suspension.  That’s about it.

 

The battery is covered by Tesla and they try to make sure that any needed repairs are done by Tesla themselves.

 

The industry is ok with this right now, but that’s only because they have such a small market share.  We aren’t losing any money because of Tesla yet.  If we do, then the industry as a whole needs to adapt, or die.

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I'd certainly hope a niche market ain't hurting your industry.:)

If EV's become common then repairing them by independents will as well.(I already do them and hybrids)

 

All the gizmos break(and EV's got plenty), dealer warranties are more of a threat than EV's, but till they can make them cheap enough to just swap out ya are good.

 

 

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1 hour ago, Momma There Goes That Man said:

I’m not sure why anyone celebrates their issues or failures. They are trying to help us grow and evolve as a society. I root for their success because it will benefit all of us and bring us all multiple steps forward 

 

I enjoy watching pompous and arrogant people go down. i will enjoy watching them go down, if that's what happens.

 

every time their issues are pointed out a group of people jumps in and says "but they're doing cool things!" as if that justifies what they're doing. when you point out the danger same group responds with nonsense like "33k people die a year, what's the deal with 1?" as if that somehow even begins to address what the actual issue is.

 

their business practices in regards to autonomous vehicles are dangerous. the fact that their production and retail models are disastrous and essentially a ponzi scheme and that it might be what takes them down is what is laughable. 

 

there will be problems with the autonomous vehicle roll out. People will be hurt and killed, because it's a difficult problem to solve. Going about it the way tesla does is reckless, and could seriously hurt the autonomous vehicle roll out.

 

for most people they refuse to believe it or care. probably wont be their family member(s) killed though.

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  • 1 month later...
  • 4 weeks later...

Yeah, I’d really like to see Tesla succeed but this Model 3 is turning into a boondoggle and Musk is playing the old “fake news” card.

 

The Model 3 is hardly at an “affordable” price point any longer.

 

Any critics of Elon Musk get told that they are bought and paid for by Musk’s rivals.

 

Add to that the fact that Tesla’s business model relies on anti-competition, it’s a shame that the left reveres Musk as so influential.

 

Its a rich guy who has a great idea and can’t deliver on his promises and then shouts down his detractors and designs his business so that only he can make money off of it.  Reminds me of Trump in a way.

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A couple of points:

 

As far as I can discern, fully electrical automobiles have never been profitable.

 

Tesla pretty much has to build and maintain its own “brick and mortar” dealer network.  Local franchisees have no interest because there’s no money in it (parts/service/used cars)

 

The Apple Store model seems like a natural to emulate but, retail similarities aside, 100K automobiles and $600 phones are very different things.

 

Elon Musk, as others have said, has a lot more in common with Donald Trump than say, Richard Branson.

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At some point, Tesla should be expected to turn a profit and stop riding on its stock value.  Then, I’d assume local dealers would want a share of that pie.

 

Its not right for Tesla to be able to skirt the law simply because it’s a boutique car company, especially if it becomes more popular.  It’s still a car company and right now it’s being given a serious leg up on the competition.

 

To me, making America great again (stupid phrase) is becoming more about returning to old economic values.  Anti trust, anti monopoly, pro competition.

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Tesla definitely needs better management.  They don't seem to understand how to run a car manufacturing company.  The whole concept of meeting production targets is foreign to them.  Perhaps they should focus on batteries and their energy technologies like their solar roof tiles and home battery/electrical systems.

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On 3/28/2018 at 1:56 PM, Springfield said:

 

Well, no.  There is no internal combustion engine.  No tune ups, no filters, no fluids to change.

 

There are brakes and tires and suspension.  That’s about it.

 

The battery is covered by Tesla and they try to make sure that any needed repairs are done by Tesla themselves.

 

The industry is ok with this right now, but that’s only because they have such a small market share.  We aren’t losing any money because of Tesla yet.  If we do, then the industry as a whole needs to adapt, or die.

I have a model S.  2013, bought used in 2015.

 

It has a lot of funky things that have needed to be replaced, including the drive unit aka motor.  Screen replaced once, seals on the doors, suspension fixed...

 

Also they recommend annual service.  Which I do...

 

I love the car.  So far haven’t had to pay a dime due to warrantee.

 

But it’s in the shop a bit... 

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12 minutes ago, Voice_of_Reason said:

I have a model S.  2013, bought used in 2015.

 

It has a lot of funky things that have needed to be replaced, including the drive unit aka motor.  Screen replaced once, seals on the doors, suspension fixed...

 

Also they recommend annual service.  Which I do...

 

I love the car.  So far haven’t had to pay a dime due to warrantee.

 

But it’s in the shop a bit... 

 

How long is the warranty on the drive unit? Screen?

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12 hours ago, Springfield said:

 

How long is the warranty on the drive unit? Screen?

Not entirely sure, honestly.  I had the screen replaced around 65,000 miles, and the drive unit at 72,000.  

The drive unit would have been about $7,000 if I had to pay for it. 

 

I believe my warranty runs out at 76,000 miles or something.  But since I bought it used, and it's a 2013, I'm not sure what the new deal is.

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