Can you cite a single wrongful death suit against Tesla that has been tried? TeslaDeaths.com: Digital record of Tesla crashes resulting in death
Can you cite a single wrongful death suit against Tesla that they have settled?
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Can you cite a single wrongful death suit against Tesla that has been tried? TeslaDeaths.com: Digital record of Tesla crashes resulting in death
Elon said that he hopes to make a $21,000 Tesla by the year 2021. Not sure where and when I heard him say that.
For whatever reason, unlike "stealerships," Tesla does not view used vehicles as a profit opportunity.
Definitely, a greedy SOB. Anyone whose up $250K in one day and yet is still sad that they are not up $336K in one day is a greedy SOB!
As Yoda might say, " You no patience, have? ".
Let's keep it strictly platonic folks!
Bloomberg - Are you a robot?
Tesla Is No Niche Automaker Anymore, Volkswagen’s CEO Says
"There appears to be a budding bromance between the CEOs of Volkswagen AG, the world’s largest automaker, and Tesla Inc., the electric-car company suddenly back on the ascent.
At an event where VW was presenting the new Golf hatchback late Thursday, Chief Executive Officer Herbert Diess quibbled with reporters who suggested Tesla is in trouble because it’s too small."
Quite obviously not. /sI find the fraud stuff baffling. I mean do they think every Model 3 on the road is just a Mazda 3 with a T logo stuck on?
At one point Elon intended that service would be profit neutral. I think I recall him stating something like Why would you buy a car from me that you have to pay me to fix. Our 2018 LR M3 has never been in for service with 50 K except for an early tire rotation at no charge.. I look for EM to make every effort to avoid service and even then to break even on that effort. Given that he still has not handled service well as we all have discussed in depth.Congratulations to everyone who held on and especially those that bought during the darkest days! This is a small victory for us, but Tesla still has work to do.
After looking at the Q3 update I realized they improved margins on service to from -22.8% to -21.7%, but still lost ~$119 million in that area, I'm trying to figure out why Tesla is losing so much in service, and what is stopping them from reversing that.
I thought in most dealerships service is a major profit driver. What is Tesla doing differently that is costing it so much money?
Is it simply the pricing of the parts? Tesla has the parts priced so low that they are losing money when you add everything else in?
Can they price the parts higher without some backlash if that is the issue? I assume there's some reason Tesla has elected not to increase parts pricing.
Cheers!
-Mike
I was like that on the way down around 280. By the time it got to 180, not so much. I ran out of money already
The anti Tesla company bias is sometimes hard to figure out. I sort of put it down to a very emotional response to people who are so pro-Tesla, kind of like some sort of college rivalry.
However, according to some basic research, the market cap of some car companies is: VW 97B, Daimler 60B, GM 52B, Honda 48B, Tesla 45B, Ford 36B.
Sales, in cars, for those companies in 2018 are VW 10.83M, GM 8.3m, Honda 4.9M, Tesla 240k, Ford 5.3M
So, putting aside the emotions, isn't the argument that, if market cap is a basic measure of value, that Tesla's stock price already has a premium due to the discrepancy between its sales and market cap.
I can't find a comparable small car company that I recognize. The premium may be justified, but it looks like its there.
Any thoughts on non recurring / one time gains? Tslaq crowd is harping on one time gains. To me it seems like a lot of one time costs are behind them, write down of non raven, restructuring costs In q1 and q2, declines warranty costs and builds improve. Benefits of scale are starting to build and costs for software R&D are declining per unit that should help margin momentum above 25% in Q4.
On the other hand, If someone was looking at a potential takeover offer, it would make sense to do this before Shanghai, Model Y & solar roof are delivering in volume and leading to big jumps in net income (and one would think big gains in company value). I think the window for a “cheap” takeover of Tesla is rapidly closing (be it for a competitor, a new entrant, or Elon & friends themselves). 6-9 months left probably to get the company for under $100 Billion offer price. 12 months max.
How many billion would that add to GM’s valuation?
I’m looking forward to updating to the piano playing Bill Murray.101 days until Groundhog Day.
Do they make any money? If not, they’ll add zero to value.Can we compare Tesla to GM without including GM’s dealers? There are around 5,000 Chevy dealers in the US.
Each one has million$ invested in land, sales centers, repair shops, and inventory.
How many billion would that add to GM’s valuation?
Do they make any money? If not, they’ll add zero to value.
Multiple ones (there have been over 90 documented deaths but not all resulted in litigation). For each settlement, Tesla's outside counsel has had the competency to include a Confidentiality/NDA clause. PM me if you want the details.Can you cite a single wrongful death suit against Tesla that they have settled?
Tesla pickup will outsell Bollinger ~200:1