View Single Post
      09-11-2016, 08:17 AM   #63
F32Fleet
Lieutenant General
F32Fleet's Avatar
United_States
3608
Rep
10,373
Posts

Drives: 2015 435i
Join Date: May 2005
Location: Southeastern US

iTrader: (0)

Quote:
Originally Posted by 3s-a-charm
Quote:
Originally Posted by F32Fleet
Quote:
Originally Posted by 3s-a-charm
Quote:
Originally Posted by sygazelle
Quote:
Originally Posted by 3s-a-charm View Post
So misinformed...

He's right about the not making a dime part. Tesla's sales have gone up and their losses have been growing at at a similar rate.

The car industry in general is a tough business. Electric car market segment makes it even tougher.



https://finance.yahoo.com/quote/tsla/financials?ltr=1
They have been growing and investing in infrastructure. There is more than one way to look at financials. It's a company that if it works - will put Apple to shame. But there are only a small number of people that believe this. The challenging thought is that Tesla isn't even an automobile company...
without those ridiculous tax credits they would have been dead and buried.

Germany is doing the same. Tax credits for everyone drinking the "green energy" kool aid
What tax credits? Source? They took a loan which they paid back with interest. The EV incentives are relatively minor compared to the price of the vehicle. The fact that these cars are much more expensive than other luxury sedans yet people chose the Tesla over other luxury brands should say something. Plus the Model 3 gets 400k pre-orders when other vehicles are available now. Times are changing for the better and the mission of Tesla resounds with many people as trying to make the world a better place. It's a remarkable company but there will always be negative people who try to stop progress.
In the US federal tax credits of up to $7,500 are available. Some credits enabled EV owners to essentially own their car for free. There are other credits available as well (IE Tolls).

https://pluginamerica.org/why-go-plu...al-incentives/

A majority of T3 owners will probably lose out on the credits due to the volume restrictions if Tesla meets their commitment and stops bailing out family businesses (SolarCity).

Tesla has done some interesting things but they sure a hell aren't the second coming of Jesus. Theres no getting away from the laws of economics
__________________
"Drive more, worry less. "

435i, MPPK, MPE, M-Sport Line
Appreciate 0