For Tesla Owner, Losing a Wheel Was Just the First Surprise

[bodecea]

You're sort of stupid. Get informed and you won't look like a useless tool....and save the middle school BS, it's so middle school

HA! Lack of self-awareness is amazing. You must be a right-winger, aren't you darling?

Pipe down, troll or you'll join the other trolls in ignore...and get back on topic, it's the rules here

The funny thing is....you act as if that really would concern people.

 

[Moonglow]

The wheel falling off has nothing to do with the suspension ...

 

[SassyIrishLass]

Hairy back lurks....soon she/he/it will reveal her economic prowess....or just flame and spew the usual nonsense. Dumber than a freaking stump

 

[Yousaidwhat]

Without billions of government grants and credits Tesla wouldn't exist

And the spigot should be turned off and let Tesla support their own endeavor.

 

[OnePercenter]

GM still hasn't payed us back but if a company needs public money something is being pushed ahead of market demand.

To righties that seems like sacrilege in itself, to everyone else it isn't.

Are we really not better off for having a demand bending company like Tesla? And lets not forget where other funding for Tesla came from - the internet, another "ahead of demand" tech that our government helped to cradle.

There is no real demand for the Tesla. Lefties talk shit, it's all they have. They do sell some, but only because the cost is heavily subsidized by the government. Now some uber rich Hollywood type or CEO might own one and pay the actual price but that's about it. Seems to me like the internet became what it is by private hands, not government. They may have sparked the invention but the private sector took the ball and ran with it.

But you could understand the point I made with you head buried so deep in it's safe space. I said if a company needs public money it's being pushed ahead of market demand. Get some air, try again.

There is no real demand for the Tesla. Lefties talk shit, it's all they have. They do sell some, but only because the cost is heavily subsidized by the government. Now some uber rich Hollywood type or CEO might own one and pay the actual price but that's about it. Seems to me like the internet became what it is by private hands, not government. They may have sparked the invention but the private sector took the ball and ran with it.

But you could understand the point I made with you head buried so deep in it's safe space. I said if a company needs public money it's being pushed ahead of market demand. Get some air, try again.

What do you mean 'no real demand', there is an eight month waiting list for Tesla's.

It's the best car I've ever owned, and I've owned some expensive cars.

You don't have to be rich to own one.

I've 'smoked' a Charger HellCat on the track.

Your ignorance is bothersome.

 

[OnePercenter]

There is no real demand for the Tesla. Lefties talk shit, it's all they have. They do sell some, but only because the cost is heavily subsidized by the government. Now some uber rich Hollywood type or CEO might own one and pay the actual price but that's about it.

No real demand for Tesla? You are...well lets say all you have is talking sht.

Over 300,000 Model 3s were reserved...which is a year away from release.

Do you think you can spot some real demand in there or do you think government is somehow doing that?

Seems to me like the internet became what it is by private hands, not government. They may have sparked the invention but the private sector took the ball and ran with it.

Surely you are aware that Tesla is a private company.

Yes, government often helps with the initial investment on tech and private market takes it and grows it to full potential. Each has a role.

But you could understand the point I made with you head buried so deep in it's safe space. I said if a company needs public money it's being pushed ahead of market demand. Get some air, try again.

snicker

Nothing you said convinces me that I understood you less than completely clearly.

Tesla Is Hemorrhaging Money Despite Billions In Gov’t Subsidies
Liberal entrepreneur Elon Musk’s business ventures have benefited from nearly $5 billion in government subsidies in the past few years, but apparently that’s not enough taxpayer support to stop his electric car business from losing $4,000 on every vehicle it sells.

Tesla Motors “burned $359 million in cash last quarter in a bull market for luxury vehicles,” according to Reuters, causing the company to “cut its production targets for this year and next.” Musk may even be forced to sell more stock to help plug the gap in the company’s finances.

Reuters reported that “Tesla plans to build between 50,000 and 55,000 cars this year,” most of which are built-to-order. The company’s latest filings showed it “delivered 11,532 cars in the second period and said it had an operating loss of about $47 million, for an operating loss per car of about $4,000.”

Interestingly enough, Tesla’s losses may be much higher than the company reports. Reuters notes that using “generally accepted accounting principles, or GAAP, used by GM or Ford, Tesla’s operating losses per vehicle have steadily widened to $14,758 from $3,794 in the second quarter of 2014.”


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In the last quarter, Tesla saw its operating costs increase and its car sales fell — right now a Tesla Model S goes for $70,000 before federal and state tax credits kick in. Depending on the type of Model S you buy, the price can actually be $106,000 or more.

Despite the huge losses, however, Musk plans on expanding the company’s production to include a new battery-powered SUV and get into the battery business. Earlier this year, Musk unveiled a line of expensive batteries that could be used to store energy from solar panels to be used when the sun goes down.

Musk clearly hopes the battery packs will revolutionize the green energy industry and urge more people to buy solar panels — something that would help his other business, SolarCity, which already benefits from federal tax credits. So far, most solar panel users have opted not to use Tesla’s batteries because they can sell their solar power to utilities for money.

News of Tesla’s huge losses comes after reports that Musk’s business ventures have benefited from $4.9 billion in federal and state government subsidies. Tesla Motors, where Musk is CEO, has gotten generous federal loans and benefits from state and federal tax credits encouraging people to buy electric cars.

“In all, Tesla buyers have qualified for an estimated $284 million in federal tax incentives and collected more than $38 million in California rebates,” the Los Angeles Times reported in May, adding that Tesla already secured “a commitment of $126 million in California subsidies to companies developing energy storage technology.”

The Times also noted that Tesla got $1.3 billion in benefits from the state of Nevada to build a battery factory.

Reuters noted that even with the huge losses last quarter “Tesla’s stock is still about 70 percent higher than it was two years ago, and 8 percent ahead of its level on Jan 1.” The company has a market capitalization of $31 billion, meaning the company is worth more than “Fiat Chrysler Automobiles NV, the much larger maker of Ram pickups and Jeep Grand Cherokees.”



Read more: Tesla Is Hemorrhaging Money Despite Billions In Gov’t Subsidies

That was last year and caused by expansion costs.

 

[depotoo]

Whose sock are you?

I said they wouldn't exist without government funding...and it wasn't "start up grants". Get informed before you bother me again

You are so cute when you lash out. Quite telling too, have to work on your poker-face

 

[OnePercenter]

Without billions of government grants and credits Tesla wouldn't exist

Which makes a good case for their usefulness to economy...right?

Or are you saying that Tesla is less of a company for having taking start up grants (and then repaying them well ahead of agreement)?

I said they wouldn't exist without government funding...and it wasn't "start up grants". Get informed before you bother me again

I said they wouldn't exist without government funding...and it wasn't "start up grants". Get informed before you bother me again

No business would exist without direct/indirect government funding.

What the fuck does that mean? If we have roads government helped create the business? Who do you think payed for the roads if that was your obscure point?

Yes, roads help create business by bring customers. Taxpayers paid for the roads.

 

[OnePercenter]

Without billions of government grants and credits Tesla wouldn't exist

Which makes a good case for their usefulness to economy...right?

Or are you saying that Tesla is less of a company for having taking start up grants (and then repaying them well ahead of agreement)?

I said they wouldn't exist without government funding...and it wasn't "start up grants". Get informed before you bother me again

I said they wouldn't exist without government funding...and it wasn't "start up grants". Get informed before you bother me again

No business would exist without direct/indirect government funding.

Oh bullshit, take that nonsense and try and sell it to a fellow left loon, they are gullible enough

Oh bullshit, take that nonsense and try and sell it to a fellow left loon, they are gullible enough

Without infrastructure, businesses wouldn't exist.

 

[Iceweasel]

GM still hasn't payed us back but if a company needs public money something is being pushed ahead of market demand.

To righties that seems like sacrilege in itself, to everyone else it isn't.

Are we really not better off for having a demand bending company like Tesla? And lets not forget where other funding for Tesla came from - the internet, another "ahead of demand" tech that our government helped to cradle.

There is no real demand for the Tesla. Lefties talk shit, it's all they have. They do sell some, but only because the cost is heavily subsidized by the government. Now some uber rich Hollywood type or CEO might own one and pay the actual price but that's about it. Seems to me like the internet became what it is by private hands, not government. They may have sparked the invention but the private sector took the ball and ran with it.

But you could understand the point I made with you head buried so deep in it's safe space. I said if a company needs public money it's being pushed ahead of market demand. Get some air, try again.

There is no real demand for the Tesla. Lefties talk shit, it's all they have. They do sell some, but only because the cost is heavily subsidized by the government. Now some uber rich Hollywood type or CEO might own one and pay the actual price but that's about it. Seems to me like the internet became what it is by private hands, not government. They may have sparked the invention but the private sector took the ball and ran with it.

But you could understand the point I made with you head buried so deep in it's safe space. I said if a company needs public money it's being pushed ahead of market demand. Get some air, try again.

What do you mean 'no real demand', there is an eight month waiting list for Tesla's.

It's the best car I've ever owned, and I've owned some expensive cars.

You don't have to be rich to own one.

I've 'smoked' a Charger HellCat on the track.

Your ignorance is bothersome.

Good, be bothered. You come here and pretend all kinds of things that are obviously not true. Now we are supposed to believe
A: You're old enough to drive.
B: You have Tesla.
C: You payed the actual full price for it.

 

[Iceweasel]

Without infrastructure, businesses wouldn't exist.

Which is another example you know nothing. People are taxed in various ways to pay for the roads, government didn't create roads. You are a socialist dipstick pretending to be a capitalist and you fail every time you post.

 

[OnePercenter]

Without billions of government grants and credits Tesla wouldn't exist

And the spigot should be turned off and let Tesla support their own endeavor.

And the spigot should be turned off and let Tesla support their own endeavor.

Tesla pays people that spend monies and pay taxes. Tesla pays taxes. The cars that they manufacture are licensed which provide States tax revenue. Sounds like a great investment!

 

[Yousaidwhat]

Without billions of government grants and credits Tesla wouldn't exist

And the spigot should be turned off and let Tesla support their own endeavor.

And the spigot should be turned off and let Tesla support their own endeavor.

Tesla pays people that spend monies and pay taxes. Tesla pays taxes. The cars that they manufacture are licensed which provide States tax revenue. Sounds like a great investment!

I'm sure it is a great investment.

They were supported by these grants as start up capital.

Now it is time to remove the training wheels and let them ride on their own.

 

[Iceweasel]

Without billions of government grants and credits Tesla wouldn't exist

And the spigot should be turned off and let Tesla support their own endeavor.

And the spigot should be turned off and let Tesla support their own endeavor.

Tesla pays people that spend monies and pay taxes. Tesla pays taxes. The cars that they manufacture are licensed which provide States tax revenue. Sounds like a great investment!

It doesn't work that way. Taxing people to give to a company so people can buy the product and workers pay taxes and buy stuff isn't how economies really work. The math doesn't add up. Socialism is a poor substitute for capitalism.

 

[OnePercenter]

GM still hasn't payed us back but if a company needs public money something is being pushed ahead of market demand.

To righties that seems like sacrilege in itself, to everyone else it isn't.

Are we really not better off for having a demand bending company like Tesla? And lets not forget where other funding for Tesla came from - the internet, another "ahead of demand" tech that our government helped to cradle.

There is no real demand for the Tesla. Lefties talk shit, it's all they have. They do sell some, but only because the cost is heavily subsidized by the government. Now some uber rich Hollywood type or CEO might own one and pay the actual price but that's about it. Seems to me like the internet became what it is by private hands, not government. They may have sparked the invention but the private sector took the ball and ran with it.

But you could understand the point I made with you head buried so deep in it's safe space. I said if a company needs public money it's being pushed ahead of market demand. Get some air, try again.

There is no real demand for the Tesla. Lefties talk shit, it's all they have. They do sell some, but only because the cost is heavily subsidized by the government. Now some uber rich Hollywood type or CEO might own one and pay the actual price but that's about it. Seems to me like the internet became what it is by private hands, not government. They may have sparked the invention but the private sector took the ball and ran with it.

But you could understand the point I made with you head buried so deep in it's safe space. I said if a company needs public money it's being pushed ahead of market demand. Get some air, try again.

What do you mean 'no real demand', there is an eight month waiting list for Tesla's.

It's the best car I've ever owned, and I've owned some expensive cars.

You don't have to be rich to own one.

I've 'smoked' a Charger HellCat on the track.

Your ignorance is bothersome.

Good, be bothered. You come here and pretend all kinds of things that are obviously not true. Now we are supposed to believe
A: You're old enough to drive.
B: You have Tesla.
C: You payed the actual full price for it.

Good, be bothered. You come here and pretend all kinds of things that are obviously not true. Now we are supposed to believe
A: You're old enough to drive.
B: You have Tesla.
C: You payed the actual full price for it..

I didn't write I was bothered, I wrote your ignorance is bothersome.

A. I'm 58
B. I have two Tesla model S
C. I received an investor discount.

 

[OnePercenter]

Without infrastructure, businesses wouldn't exist.

Which is another example you know nothing. People are taxed in various ways to pay for the roads, government didn't create roads. You are a socialist dipstick pretending to be a capitalist and you fail every time you post.

Which is another example you know nothing. People are taxed in various ways to pay for the roads, government didn't create roads. You are a socialist dipstick pretending to be a capitalist and you fail every time you post.

The government paid to build the roads using taxpayer funds.

I'm not a socialist, I'm a capitalist who profits from government funding.

 

[OnePercenter]

Without billions of government grants and credits Tesla wouldn't exist

And the spigot should be turned off and let Tesla support their own endeavor.

And the spigot should be turned off and let Tesla support their own endeavor.

Tesla pays people that spend monies and pay taxes. Tesla pays taxes. The cars that they manufacture are licensed which provide States tax revenue. Sounds like a great investment!

I'm sure it is a great investment.

They were supported by these grants as start up capital.

Now it is time to remove the training wheels and let them ride on their own.

Now it is time to remove the training wheels and let them ride on their own.

Why?

 

[AntonToo]

The investment is for a battery plant and Nevada isn't the federal government. The feds invested heavily in Tesla, what did I claim that isn't true?

Tesla wasn't a product of market demand, government subsidized it and still does, for a reason. You stupid retard. No wonder you had to make a sock puppet to get people to talk to you.

You are getting angry and profane, I probably would too if I made myself look so silly.

Moving on - so we at this point have squarely put away the righwinger claim about Tesla receiving 5 billion dollars in government subsidy. Is there some other actual number you could source or should we just take your bias word for it?

 

[AntonToo]

I'm sure it is a great investment.

They were supported by these grants as start up capital.

Now it is time to remove the training wheels and let them ride on their own.

As ALREADY explained. Tesla has repaid all Federal grants, with interest, nine years early.

 

[OnePercenter]

Without billions of government grants and credits Tesla wouldn't exist

And the spigot should be turned off and let Tesla support their own endeavor.

And the spigot should be turned off and let Tesla support their own endeavor.

Tesla pays people that spend monies and pay taxes. Tesla pays taxes. The cars that they manufacture are licensed which provide States tax revenue. Sounds like a great investment!

It doesn't work that way. Taxing people to give to a company so people can buy the product and workers pay taxes and buy stuff isn't how economies really work. The math doesn't add up. Socialism is a poor substitute for capitalism.

It doesn't work that way. Taxing people to give to a company so people can buy the product and workers pay taxes and buy stuff isn't how economies really work. The math doesn't add up. Socialism is a poor substitute for capitalism.

You're wrong. It happens everyday in every State in the US. Big box stores demand subsidies and loans anytime they open a new store. Walmart has taken billions that will never be paid back.