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


petros
+2
#1531
Quote: Originally Posted by Hoid View Post

I believe they have $7.8 billion cash on hand

Nooooooo.

Tesla Total Debt per Share | TSLA - GuruFocus.com

Tesla has a Total Debt per Share of $79.84 as of today(2020-01-29). In depth view into TSLA Total Debt per Share


https://www.gurufocus.com/term/Total...re/Tesla%2BInc
 
Tecumsehsbones
#1532
Question. . . when did our friends on the right ever have a problem with cutting jobs?

From their talk, seems like working folk being thrown out to root, hog, or die is pretty much how they want society to run.
 
petros
+2
#1533
Just wait. Conservative robots are coming to an industry near you.

24/7/365/ with no labour costs or human error.
 
Tecumsehsbones
#1534
Quote: Originally Posted by petros View Post

Just wait. Conservative robots are coming to an industry near you.
24/7/365/ with no labour costs or human error.

Humans designed the robots, so you're just bumping the error one step further down the line.
 
Hoid
#1535
Quote: Originally Posted by petros View Post

Nooooooo.

Tesla Total Debt per Share | TSLA - GuruFocus.com

Tesla has a Total Debt per Share of $79.84 as of today(2020-01-29). In depth view into TSLA Total Debt per Share


https://www.gurufocus.com/term/Total...re/Tesla%2BInc

Pretty sure Tesla has over $7 billion in cash

https://www.macrotrends.net/stocks/c...a/cash-on-hand

Tesla cash on hand from 2009 to 2019. Cash on hand can be defined as cash deposits at financial institutions that can immediately be withdrawn at any time, and investments maturing in one year or less that are highly liquid and therefore regarded as cash equivalents and reported with or near cash line items.
Tesla cash on hand for the quarter ending September 30, 2019 was $5.571B, a 78.21% increase year-over-year.
Tesla cash on hand for 2018 was $3.878B, a 10.07% increase from 2017.
Tesla cash on hand for 2017 was $3.523B, a 0.7% increase from 2016.
Tesla cash on hand for 2016 was $3.499B, a 186.89% increase from 2015.
 
petros
+1
#1536
If there is a glitch it's a one time event. After that the bullets fly in a digital Ludlow with T "two tousands" everywhere.
 
petros
+2
#1537
Quote: Originally Posted by Hoid View Post

Pretty sure Tesla has over $7 billion in cash
https://www.macrotrends.net/stocks/c...a/cash-on-hand
Tesla cash on hand from 2009 to 2019. Cash on hand can be defined as cash deposits at financial institutions that can immediately be withdrawn at any time, and investments maturing in one year or less that are highly liquid and therefore regarded as cash equivalents and reported with or near cash line items.
Tesla cash on hand for the quarter ending September 30, 2019 was $5.571B, a 78.21% increase year-over-year.
Tesla cash on hand for 2018 was $3.878B, a 10.07% increase from 2017.
Tesla cash on hand for 2017 was $3.523B, a 0.7% increase from 2016.
Tesla cash on hand for 2016 was $3.499B, a 186.89% increase from 2015.

Collateral for $13.42 billion in debt. It's all aboot the ratio.
 
Hoid
#1538
Cash on hand and debt per share are two very different things.

I can see where someone used to making 10,000% gains would know very little about stocks.

That makes sense.
 
Hoid
#1539
Tesla at $731 this morning
 
Hoid
#1540
Quote: Originally Posted by Hoid View Post

Tesla at $731 this morning

$755 now.
 
taxslave
+1
#1541
Yep looks like Brex all over again.
 
Hoid
#1542
Did Brexit make the car that everyone wanted?
 
Hoid
#1543
$780 close on 46 million shares.

That's about $36 billion traded in one day?
 
Hoid
#1544
Tesal at $900 this morning
 
taxslave
+2
#1545
Quote: Originally Posted by Hoid View Post

Did Brexit make the car that everyone wanted?

Didn't make toy cars. ANd not many people want Teslas either.
 
Hoid
#1546
Quote: Originally Posted by taxslave View Post

Didn't make toy cars. ANd not many people want Teslas either.

take a look at the stock price and use what little sense god gave you.

does $900 a share tells you nobody wants a a Tesla?
 
taxslave
+1
#1547
As a matter of fact it does. The speculators don't care abut the product, just the increase in share price. What happens when they all sell at once?
 
Hoid
#1548
$925
 
captain morgan
+2
#1549
 
Hoid
#1550
$950
 
taxslave
+2
#1551
Somebody is about to get burned.
 
captain morgan
+3
#1552
Tesla will get burned in the process too
 
Hoid
#1553
Quote: Originally Posted by taxslave View Post

Somebody is about to get burned.

when have you ever been wrong about tesla?
 
Hoid
#1554
Ford reports $1.7 billion quarterly loss, shares tumble

https://www.marketwatch.com/story/fo...oss-2020-02-04


Operations not ‘nearly good enough,’ CEO says
 
petros
+3
#1555
Quote: Originally Posted by Hoid View Post

Ford reports $1.7 billion quarterly loss, shares tumble
https://www.marketwatch.com/story/fo...oss-2020-02-04
Operations not ‘nearly good enough,’ CEO says

You really need to read more than the headline.

The GAAP loss included a previously disclosed $2.2 billion charge related to pensions.

Adjusted for one-time items, Ford said it gained 12 cents a share, compared with 30 cents a share a year ago. Revenue fell 5% to $39.7 billion from $41.8 billion a year ago.
 
Hoid
#1556
Tesla [TSLA] Stock Soars Over $900?! Why?

https://cleantechnica.com/2020/02/04...-over-900-why/

Some good points here but he needs to address the fact that Tesla is not really a car manufacturer. Or rather, it is what car manufacturers must become.
 
petros
+3
#1557
How we know that Tesla is a bubble that is going to pop

By Mark Hulbert
Published: Feb 4, 2020 1:05 pm ET

Harvard researchers’ model says probability of a crash in Tesla’s stock price is more than 80%
 
petros
+2
#1558
Backtracking on Tesla warranty.

Tsk tsk tsk.

https://insideevs.com/news/396389/te...ms-change/amp/
 
taxslave
+1
#1559
Quote: Originally Posted by Hoid View Post

when have you ever been wrong about tesla?

Never so far.
 
Hoid
#1560
Quote: Originally Posted by taxslave View Post

Especially since they can't deliver the cars they took deposits on. Will the taxpayer subsidies cover all the lawsuits?

Tesla sets record for deliveries