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Tesla goes bankrupt, or desides to go HP or Samsung... what happens to my car?
- Thread starter bcsteeve
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- musings Tesla Inc.
When you buy stock for your retirement are you losing money?
Tesla is INVESTING money in expensive buildings, and expensive robots, and expensive superchargers. All of those things have VALUE.
Putting gas in your car, that is losing money.
Thank you kindly.
that is debatable, do you know how tesla acquired it's factory?
the fact is when you fill your ICE up you are burning through your money
jelloslug
Active Member
They are not losing money, they are spending more money on development than they are making. There is a huge difference there.
I think this is a decent question, regardless of the probability of Tesla dissolution.
With an 'installed base' of 200,000 or so by the time such a thing could happen, somebody could make good money supporting them and even enhancing them. It seems to me the most likely outcome would be some group of Tesla people forming a new company to support Tesla vehicles and stationary storage products. The probability of being acquired by another car company prior to dissolution would be far higher IMHO. Frankly the probability of Tesla dissolution is probably far less than is that of Chrysler.
With an 'installed base' of 200,000 or so by the time such a thing could happen, somebody could make good money supporting them and even enhancing them. It seems to me the most likely outcome would be some group of Tesla people forming a new company to support Tesla vehicles and stationary storage products. The probability of being acquired by another car company prior to dissolution would be far higher IMHO. Frankly the probability of Tesla dissolution is probably far less than is that of Chrysler.
It's certainly a decreasing cash position. Whether it's also losing money depends on what the money is buying and what non monetary assets they have before and after the period in question.
Well that's the question. You know that for sure? For extended times, I mean. My French media player worked for a little bit. My CAD software doesn't work at all. There are variances.
Of course it works for short periods. I was never suggesting the car would shut down while driving through a tunnel
You're probably right. I'd still think it would be assuring to know for sure.I didn't know that. Any links you know of? Assuming they aren't connecting by WIFI when parked (do Tesla's have that?), that would provide assurance of continuation.
I suggest you learn to not make trolling comments. What other purpose could that be other than to bait? "Ill informed comments"? I postulated a question that - thus far - has no definitive answer. What "research" were you suggesting? A personal letter to Mr. Musk? Or... what about having a discussion with peers to hammer out a logical conclusion? Oh, wait... that's what this is.
Yes, I agree the odds are low. But then, the odds of a lottery are low and people still play. If this were a $200 phone I wouldn't care, but a $50,000 to $150,000 car? Low odds are still odds.
@everyone: I'm glad I asked the question. I'm not 100% satisfied we know the answer or can know the answer without some authoritative input. But I'm now personally well satisfied (let's say 95%) that it will not be an issue, thanks in a large part to your input, so thank you.
trolling question? try reading for comprehension!
I offered a scenario of a small volume luxury auto manufacturer that went bankrupt and how owners of that failed company's cars fared with the cars after the company closed shop as an indicator of how the world could be for tesla owners if tesla closed up shop tomorrow. I pointed you in direction delorean's story. now if you weren't so hot to trot to get into a flame battle you would have done some research. if you did you'd see that the bankruptcy of a car company is not a fatal event for the owners of the failed company's product.
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the value of a commodity or a service is only what someone else will pay for it. in the case of the GM/Toyota plant the facility was not a productive one, both owners wanted out and no company other than tesla showed any interest in acquiring the facility, it traded at fair value.
as for investing, I think most people invest in things with the expectation of making a profit. if an investment fails to generate a profit it becomes a failed investment.
Try writing for civility!
Why is every comment out of your keyboard an attempt to insult someone?
YOU gave a poor analogy. I don't have to "research" your poor analogy.
Exactly, and those investments Tesla is making in robots and buildings are enabling them to make cars, and thus money. Plus they still have the robot. Those investments are making a profit for Tesla. So Tesla is choosing to continue making more such investments rather than paying shareholders that aren't clamoring for dividends. The stock price is going UP.
Thank you kindly.
Note that @wk057 and others have already rooted the MCU and are able to get the vehicle to connect to alternate servers. If we lose factory support, and/or when sufficient number of Tesla's are out of warranty, there likely will be others that will provide software and services support now that there are quite a few vehicles in the fleet.
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