Tesla to cut thousands of jobs as Elon Musk warns the ‘road ahead is very difficult’

Hoid · May 23, 2020

GM EV Batteries Will Last For 1 Million Miles & Have 600 Mile Range

https://cleantechnica.com/2020/05/2...last-for-1-million-miles-have-600-mile-range/

Given GM's well-earned reputation for making disposal POS cars - what on earth is a million mile battery going to do when that car hits about 150K and falls apart?

pgs · May 23, 2020

Hoid said:
GM EV Batteries Will Last For 1 Million Miles & Have 600 Mile Range

https://cleantechnica.com/2020/05/2...last-for-1-million-miles-have-600-mile-range/

Given GM's well-earned reputation for making disposal POS cars - what on earth is a million mile battery going to do when that car hits about 150K and falls apart?

Sell them to Tesla .

captain morgan · May 24, 2020

pgs said:
Sell them to Tesla .

That will be a nice addition to the indestructible windows in their new trucks

Hoid · May 24, 2020

pgs said:
Sell them to Tesla .

they already have one

captain morgan · May 24, 2020

Maybe GM can help out Tesla with those indestructible windows... That will help

taxslave · May 25, 2020

pgs said:
Sell them to Tesla .

Other than selling shares how will Tesla pay for them?

Hoid · May 25, 2020

It's a good question.

How will a company that reports $6.9 billion cash on hand pay for anything.

This is what makes you the Wolf of Wall Street.

petros · May 25, 2020

Hoid said:
GM EV Batteries Will Last For 1 Million Miles & Have 600 Mile Range
https://cleantechnica.com/2020/05/2...last-for-1-million-miles-have-600-mile-range/
Given GM's well-earned reputation for making disposal POS cars - what on earth is a million mile battery going to do when that car hits about 150K and falls apart?

Go into several other cars before being recycled?

petros · May 25, 2020

Hoid said:
It's a good question.
How will a company that reports $6.9 billion cash on hand pay for anything.
This is what makes you the Wolf of Wall Street.

Cash on hand? From what?

taxslave · May 26, 2020

petros said:
Cash on hand? From what?

Share sales. Always better when your investors don't expect a return on their money.

captain morgan · May 26, 2020

Still no dividends, no yield and -$0.89 Earnings Per Share... Yep, what a giant winner

Avro52 · May 26, 2020

Hoid said:
GM EV Batteries Will Last For 1 Million Miles & Have 600 Mile Range
https://cleantechnica.com/2020/05/2...last-for-1-million-miles-have-600-mile-range/
Given GM's well-earned reputation for making disposal POS cars - what on earth is a million mile battery going to do when that car hits about 150K and falls apart?

They are shit cars but they pay a dividend of $1.52 per share.

petros · May 26, 2020

That's not too shabby for what, Class C shares?

petros · May 26, 2020

taxslave said:
Share sales. Always better when your investors don't expect a return on their money.

That dilutes the share value and earning potential. A split cant be too far off.

captain morgan · May 26, 2020

petros said:
Cash on hand? From what?

Cash on hand from all the deposits they have taken for vehicles but not yet delivered

petros said:
That dilutes the share value and earning potential. A split cant be too far off.

Great... Increasing the number of outstanding shares on a company that has never offered a dividend or positive EPS.

Hoid · May 26, 2020

Avro52 said:
They are shit cars but they pay a dividend of $1.52 per share.

One of the first things GM does prior to declaring bankruptcy is to eliminate dividends.

GM is down $10 a share this year.

So far you will have lost $10 a share in order to collect 1.52/4 = .38 a share.

This is why I am suggesting mutual funds to you.

Tesla stock would have made you $400 a share so far this year - but no .38 cent divvies

Avro52 · May 26, 2020

Hoid said:
One of the first things GM does prior to declaring bankruptcy is to eliminate dividends.
GM is down $10 a share this year.
So far you will have lost $10 a share in order to collect 1.52/4 = .38 a share.
This is why I am suggesting mutual funds to you.
Tesla stock would have made you $400 a share so far this year - but no .38 cent divvies

I didn’t buy any and I wouldn’t take advice from someone who isn’t in the market at all.

Hoid · May 26, 2020

Avro52 said:
I didn’t buy any and I wouldn’t take advice from someone who isn’t in the market at all.

But they pay a dividend of $1.52

That's some sweet action

taxslave · May 27, 2020

Hoid said:
But they pay a dividend of $1.52
That's some sweet action

$1.52 more than Tesla paid.

petros · May 27, 2020

Avro52 said:
I didn’t buy any and I wouldn’t take advice from someone who isn’t in the market at all.

He doesnt understand the market at all. There is no loss or gain until you sell and $1.52 is 152% more than 0.

Tesla to cut thousands of jobs as Elon Musk warns the ‘road ahead is very difficult’

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