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Discussion in 'News' started by TEG, Mar 22, 2012.
Teslas Ambitions Fueled by Customer Down Payments - NYTimes.com
Posted that article earlier over here: Are you also investing in Tesla?
Solicited his research here: NYT doing report on reservation fees
So it's that guy. I e-mailed him and he didn't respond.
IMO, a poorly written article, I get the feeling the author was under a deadline to get an article out and really botched the facts in his hurried "research".
It didn't really seem to say much. Tesla uses customer deposits as working capital. We knew that. What else is new? They've been good about providing refunds to those that wanted them, as far as I know.
It's possible it's a setup for a negative attack piece in the future. There were little hints and allegations implied in the article. This is a political year and government expenditures and loans will be front and center in the political debate.
Hopefully by the Republican convention Tesla will have delivered several hundred cars and by election day 3000 or 4000 cars
I mean when you can't even get the advertised price of the car right (he actually made it $400 cheaper though)....
I did pm him and he asked me to call. I tried but it went to voice mail. Tried again and gave up. Probably already found someone to talk to.
I would have pointed out the obvious - sure it's millions but it's a tiny fraction of the resources they've used to develop the car and factory.