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Anti-Tesla Gibberish
- Thread starter bonnie
- Start date
This is very nice indeed jhs_7645. I'm impressed that the editors that got the syndicated content actually cared enough to start a dialog. There are quite a few factual errors as well as a strange focus in the article but it's going to be interesting to see if anything happens.
Cobos
Cobos
I'm not sure it will make a difference, but I'm using this as a lesson to my kids in how we shouldn't let people in a position of influence get away with lies... very idealistic, pie-in-the-sky stuff, but hopefully something good will come of it.
NigelM
Recovering Member
@jhs_7645: Generally, these deposits are not held in escrow accounts and are not protected from a bankruptcy, they are used as working capital. I'm not familiar with interstate commerce laws and whether for some people (e.g. in your State) the deposits might have different legal protection.
I'm not familiar with other state's laws, only my own (Washington), which are that Tesla must hold my deposit in Escrow. I would imagine that *some* other states have this protection as well. My point in the message was that a blanket statement about everybody losing their deposits is incorrect. In my sample of 1, it is patently false.
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Interesting, according to this: http://dealbook.nytimes.com/2012/03/22/teslas-ambitions-fueled-by-customer-down-payments/ Washington is the *only* state where Tesla cannot use the deposits for working capital.
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Interesting, according to this: http://dealbook.nytimes.com/2012/03/22/teslas-ambitions-fueled-by-customer-down-payments/ Washington is the *only* state where Tesla cannot use the deposits for working capital.
rolosrevenge
Dr. EVS
And since WA has a high level of Model S reservations, each one they deliver here out of the first 10,000 will look better for their balance books than anywhere else since they'll be able to realize the full revenue and they haven't been able to use any of the deposits so far. That's good news for the stock.
NigelM
Recovering Member
Even where the deposits were not held in escrow, Tesla could use the cash but could not recognize any of it as revenue. Revenue recognition of a deposit is only allowed when an MVPA is signed.
mlascano
S Sig #722
Wow! The comments are amazing, so much hate for this car/company from people who clearly know nothing about other than having read this piece of crap.
Sad to see this stuff fuels the misguided passions of so many voters in my state...
Beavis
Model S Signature 991
FalconNinetyD
Active Member
Or less than 1/3, but who needs details...
A Sea Change in U.S. Generation | Energy Economics Exchange
Here's their twitter account if you want to let them know their thoughts: @autogas4america
Autogas for America (autogas4america) on Twitter
Autogas for America (autogas4america) on Twitter
dflye
S Sig Perf 414, VIN 814
Nothing like a little bit of profanity laced partisan foaming at the mouth to provide entertainment while awaiting delivery...
OBAMA PICKS ANOTHER LOSER - TAXPAYERS WILL LOSE ANOTHER $465 MILLION - The Burning Platform
OBAMA PICKS ANOTHER LOSER - TAXPAYERS WILL LOSE ANOTHER $465 MILLION - The Burning Platform
artsci
Sponsor
JRP3
Hyperactive Member
dmckinstry
Model X 2019
They're not necessarily stupid, but they are highly bigoted against both Obama and EVs. Even otherwise intelligent people can have tunnel vision.
JRP3
Hyperactive Member
Yes, even more frustrating are the otherwise intelligent people, you expect stupid ideas from the dummies.
ferrarimanf355
Member
On The Table - Autoextremist.com ~ the bare-knuckled, unvarnished, high octane truth...
Peter M. DeLorenzo literally has nothing positive to say about Tesla. He ignores them when things are going fine, but when the company has some money issues, he gleefully declares the end is nigh and publishes letters to the editor with only his viewpoint to inflate his ego.
I'd rather take the opinion of Motor Trend and Monster Taijima than the so-called Autoextremist.
Peter M. DeLorenzo literally has nothing positive to say about Tesla. He ignores them when things are going fine, but when the company has some money issues, he gleefully declares the end is nigh and publishes letters to the editor with only his viewpoint to inflate his ego.
I'd rather take the opinion of Motor Trend and Monster Taijima than the so-called Autoextremist.
Krugerrand
Meow
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