Can you cite a single wrongful death suit against Tesla that they have settled?
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
Can you cite a single wrongful death suit against Tesla that they have settled?
trailhound
Member
25k is the number I believe-- let's not get a rumor started
Elon Musk: Tesla could produce a $25,000 car in around 3 years
StealthP3D
Well-Known Member
The reason is pretty clear to me. Selling used ICE cars is not their core mission and it detracts from designing manufacturing and delivering the best cars the planet has ever seen.
Also, do you really want to make your technicians deal with oil contaminated with combustion by-products and gasoline that is contaminated, well, because it's gasoline?
Antares Nebula
Active Member
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."
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."
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? ".
Fortune cookie say: If you have to ask if you're a greedy SOB, you probably are.
This is a company I'd be okay with Tesla selling motors and batteries to. Sure, they could still be deceptive, but not nearly as pollutive
Artful Dodger
"Neko no me"
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.
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 alreadyI doubled my position at $184 shortly after it bottomed. I cannot pass up a good deal like that! I think I was actually drooling on my keyboard when I hit the "buy" button:
How did you know that was the last stop?
I think you are trivializing the pain many of us endured
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Can we compare Tesla to GM without including GM’s dealers? There are around 5,000 Chevy dealers in the US.
Each one has million$ invested in land, sales centers, repair shops, and inventory.
How many billion would that add to GM’s valuation?
It really depends on the additional detail provided in the 10Q, but here's a couple SWAGs:
One possibility could be "Net changes in liability for pre-existing warranties, including expirations and foreign exchange impact" Tesla has a lot of discretion of how much it reserves for warranty each quarter and how it decides to adjust prior period reserves (at least until the audited annual report).
I don't follow FX closely, but Other Income/(Expense), Net added $85 million to Net Income for 3Q19--my impression is the strength of the USD is working in the opposite direction for 4Q19 (similar to 2Q19).
More cars delivered than produced during 3Q19 ( 1,031 vehicles net), but Inventory on the Balance Sheet increased by $201MM and Services and Other Revenue decreased by $57 MM. Some of it could be an increase in Finished Goods for "Previously-Owned Vehicles" [i.e defer the losses for a quarter by not liquidating those vehicles] or more likely just an increase in Raw Materials and WIP as volumes increase and GF-3 begins production.
The quarterly $317MM reduction in SG&A is impressive, and it will be interesting to see what detail is provided in the 10Q as to how it was achieved. (I suspect part of it was final elimination of the vestige of SCTY's sales infrastructure--but the new business/marketing plan for selling solar panels and solar tiles is mystifying--3 sizes fit all doesn't cut it for anyone who computes efficiencies, pay back periods, present value etc.)
No Depreciation for GF-3 is in the 3Q19 numbers (nor really much SG&A scale up in China), It will start appearing in 4Q19. Why do you think GM% will increase from ~20% (ex credits) to 25% in three months?
CARB seems to be a bit late in publishing the FY2018 ZEV Credit report
StealthP3D
Well-Known Member
Nobody is going to be taking over Tesla. Elon Musk would not approve of that and an unfriendly offer doesn't stand a chance unless they convince shareholders they are not just buying it to snuff it out and are willing to pay a huge premium. Tesla without Musk is not worth much. Not gonna happen.
Carl Raymond
Active Member
dc_h
Active Member
I’m looking forward to updating to the piano playing Bill Murray.
Schumer proposes $462 billion car swap - gas for electric
WASHINGTON (AP) — Senate Minority Leader Chuck Schumer is moving Democrats’ climate talk to where the rubber meets the road, proposing a $462 billion trade-in program to get millions of Americans out of climate-damaging gas vehicles and into electric or hybrid cars over the next decade.
Schumer’s rebate proposal late Thursday joins a mix of trillion- and multitrillion-dollar programs that Democratic presidential candidates have outlined to urgently cut oil, gas and coal emissions, as climate change weighs as an issue in the 2020 campaigns.
Schumer said the “proposal to bring clean cars to all of America” would be a key part of climate legislation by Senate Democrats. The injection of government-supported spending for electric cars “could position the U.S. to lead the world in clean auto manufacturing,” he said.
The New York Democrat’s plan would give American car buyers thousands of dollars each to trade in gas-burning cars for U.S.-assembled electric, hybrid or hydrogen cell cars. Lower-income households, and buyers of cars with American-made parts, would get extra credits.
About $45 billion would go to boost availability of charging stations and other electric car infrastructure. And $17 billion would help automakers increase their production of electric cars, batteries and parts.
WASHINGTON (AP) — Senate Minority Leader Chuck Schumer is moving Democrats’ climate talk to where the rubber meets the road, proposing a $462 billion trade-in program to get millions of Americans out of climate-damaging gas vehicles and into electric or hybrid cars over the next decade.
Schumer’s rebate proposal late Thursday joins a mix of trillion- and multitrillion-dollar programs that Democratic presidential candidates have outlined to urgently cut oil, gas and coal emissions, as climate change weighs as an issue in the 2020 campaigns.
Schumer said the “proposal to bring clean cars to all of America” would be a key part of climate legislation by Senate Democrats. The injection of government-supported spending for electric cars “could position the U.S. to lead the world in clean auto manufacturing,” he said.
The New York Democrat’s plan would give American car buyers thousands of dollars each to trade in gas-burning cars for U.S.-assembled electric, hybrid or hydrogen cell cars. Lower-income households, and buyers of cars with American-made parts, would get extra credits.
About $45 billion would go to boost availability of charging stations and other electric car infrastructure. And $17 billion would help automakers increase their production of electric cars, batteries and parts.
dc_h
Active Member
The Accountant
Active Member
LOL: Wedbush goes out on a limb......raises target to $270.....nice work guys !
Not sure how client's benefit with this.....should have issued this upgrade on Wednesday morning.
Not sure how client's benefit with this.....should have issued this upgrade on Wednesday morning.
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.
StealthP3D
Well-Known Member
So you agree with me, Bollinger will never amount to anything worth discussing further.
And just so you know, it's absolutely false that the occupants in a vehicle like the Bollinger will fare well when it crashes into an immovable object. Weight is actually a negative when you hit a solid tree or rock wall and the lack of airbags is a real danger. Even a side impact by another truck running a red light could kill you much easier than in a small car with airbags like the Model 3 or a regular pickup with airbags.
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