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I'm bored, when do we get more info on the 3?

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Keep seeing this.
I went to the source to see what Bob's talking about regarding "Mounting Inventory"...
"Smartphones and laptops don't need anything beyond a mall storefront and a staff of kids. A car dealership is very different. It sits on multiple acres. You need a big building with service bays, chargers, and a trained sales force, plus all the necessary finance and accounting people. It ties up a staggering amount of capital, especially when you factor in inventory. Under a traditional franchise arrangement, the factory never has to carry that burden. Right now, Tesla does."

All I can say is, Whaaa? Making cars to order means you don't need to sit on inventory on multiple acres.
 
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Why don't we create a rumour and post it as a new topic.

The internet takes this rumour from us posting it on various blog sites.

Newspapers and MSM takes that internet info as fact and reports about it.

By then we would have forgotten it was us that created the rumour and we can enjoy reading info about the Model 3. :wink:
 
Direct link to the R&T article: Is Tesla Doomed?

But the fixed costs for an Apple store are next to nothing compared with a car dealership's. Smartphones and laptops don't need anything beyond a mall storefront and a staff of kids. A car dealership is very different. It sits on multiple acres. You need a big building with service bays, chargers, and a trained sales force, plus all the necessary finance and accounting people. It ties up a staggering amount of capital, especially when you factor in inventory. Under a traditional franchise arrangement, the factory never has to carry that burden. Right now, Tesla does.
Except that Tesla stores don't need "multiple acres", because there is no inventory. Will that model work for the 3? We'll see...

The other flaw in the logic is that running a company store is a "money pit" that would bankrupt Tesla. How does farming out the stores to franchised dealerships somehow eliminate the "money pit" problem? Guess what, Bob, it doesn't.
 
Lutz's analysis is so last century. Like Lutz.
He is seriously misinformed. Many of Tesla's stores are just like Apple stores in terms of location, size, and staff, except they have far fewer staff. None of Tesla's service centers, or service center/showroom combinations, are like a traditional car dealership because they are much smaller and they have no "inventory" to speak of except a couple of demo cars. A few have a small number of CPO cars.
 
so why did Elon Musk chose to go such a risky way ?
And why is he losing 4.000 $ for each sold MS ? Wasn't it the most profitable car out there ?

Elon Musk set about to have the largest positive impact on the world he could, so he started a space company and an electric car company. He believes we should colonize Mars so if some disaster befell Earth, some humans would survive. He also saw transportation as the area on Earth that needed to be revolutionized the most. He has the opinion that if it doesn't violate the laws of Physics, it's possible and he's going to figure out how to do it.

As for losing $4000 a car, they aren't literally losing $4000 every time they sell a car. Tesla is making a lot of money on each car. However, selling Model Ss is currently the only place where they are making money. All the R&D and building they are doing are all costing a lot of money. So if you take the profit from building cars, subtract all the expenses, and then divide by the number of cars sold, you're left with about $4000 a car loss.
 
Elon Musk set about to have the largest positive impact on the world he could, so he started a space company and an electric car company. He believes we should colonize Mars so if some disaster befell Earth, some humans would survive. He also saw transportation as the area on Earth that needed to be revolutionized the most. He has the opinion that if it doesn't violate the laws of Physics, it's possible and he's going to figure out how to do it.

As for losing $4000 a car, they aren't literally losing $4000 every time they sell a car. Tesla is making a lot of money on each car. However, selling Model Ss is currently the only place where they are making money. All the R&D and building they are doing are all costing a lot of money. So if you take the profit from building cars, subtract all the expenses, and then divide by the number of cars sold, you're left with about $4000 a car loss.
Just to refresh everyone's memory where this money is going:

- Model X development
- New production line at Fremont
- Model 3 development
- Gigafactory
- Powerpack/powerwall development
- Autopilot development
- Supercharger network rollout
- New stores and service centers
- Improvements to the Model S

If Tesla cut it's R&D budget to zero dollars, they'd be making money. Instead they are investing in the future.
 
Just to refresh everyone's memory where this money is going:

- Model X development
- New production line at Fremont
- Model 3 development
- Gigafactory
- Powerpack/powerwall development
- Autopilot development
- Supercharger network rollout
- New stores and service centers
- Improvements to the Model S

If Tesla cut it's R&D budget to zero dollars, they'd be making money. Instead they are investing in the future.

I totally agree. Tesla is doing what tech companies do building up their brand. Amazon hasn't turned a profit in its entire existence, they have plowed all their profits back into the company to expand their offerings. It's a different model from the car company model, which is usually far more conservative.
 
Pretty boring day today, nothing to report huh?
Imagine how those poor souls waiting for the X felt.

They still haven't received deliveries, and this official introduction was early 2012. Oh, the agony...

model_x_invite_01.png


Basically, get used to those slow days with nothing new to tide you over. :crying:
 
Imagine how those poor souls waiting for the X felt.
They still haven't received deliveries, and this official introduction was early 2012. Oh, the agony...

Well, it's been 3376 days - over 9 years - since the blog was published (long before anybody had head anything about the Model X) where Elon did talk about:
Use that money to build an even more affordable car


And I'm still waiting, and haven't even seen the prototype :p

Waiting for the Model X? Just waited since 2012? And the model is already in production? (sort of :p )