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

[Hoid]

https://fortune.com/longform/electric-car-auto-industry-china/amp/

electric and alternative vehicles represent growth, which is what stock markets are looking for.

Tesla sold more vehicles in the first quarter of 2018 than they did in all of 2017.

367% yoy growth.

legacy vehicles face only declining sales and the oil industry faces only declining profits.

the big term now in oil and gas is stranded assets.

stranded assets are what will be in the ground in Fort Mac long after oil is finished as fuel source.

 

[captain morgan]

electric and alternative vehicles represent growth, which is what stock markets are looking for.

Tesla sold more vehicles in the first quarter of 2018 than they did in all of 2017.

In my neck of the woods, little Suzy sold 8X more lemonade on the side of the street this summer than last summer.


Interestingly enough, she made more $$ than Tesla at $0.25 per dixie cup.


... The profit comparison kinda puts things into perspective, eh?

the big term now in oil and gas is stranded assets.

stranded assets are what will be in the ground in Fort Mac long after oil is finished as fuel source.

You heard a term that you clearly don't understand.


Stranded for some are accessible for others.


I'm more than happy that foreign O&G companies are selling off at a steep discount.... Helluva good opportunity for guys like me

 

[petros]

If your hero was really out to save the environment he'd have built a truck first and luxury car last.

 

[petros]

electric and alternative vehicles represent growth, which is what stock markets are looking for.
Tesla sold more vehicles in the first quarter of 2018 than they did in all of 2017.
367% yoy growth.
legacy vehicles face only declining sales and the oil industry faces only declining profits.
the big term now in oil and gas is stranded assets.
stranded assets are what will be in the ground in Fort Mac long after oil is finished as fuel source.

Still need oil to make plastic cars.

The Ford/VW/Rivian partnership is gonna crush Tesla.

 

[petros]

https://electrek.co/2019/09/02/fordl-electric-f150-market-2022/amp/Electric F150 for 2022.

Finally something useful.

 

[taxslave]

electric and alternative vehicles represent growth, which is what stock markets are looking for.
Tesla sold more vehicles in the first quarter of 2018 than they did in all of 2017.
367% yoy growth.
legacy vehicles face only declining sales and the oil industry faces only declining profits.
the big term now in oil and gas is stranded assets.
stranded assets are what will be in the ground in Fort Mac long after oil is finished as fuel source.

DiD Tesla deliver any of those vehicles yet?
THe stranded oil problem will be cured in October.

 

[taxslave]

I think that ultimately Hydrogen fuel cells will be the future of automotive. Especially when governments quit giving away money for electric toys.

 

[Hoid]

DiD Tesla deliver any of those vehicles yet?
THe stranded oil problem will be cured in October.

they do about $20 billion a year

 

[taxslave]

they do about $20 billion a year

Last I heard production was about a year behind deposits taken. Not that much money considering I have worked for construction companies whose annual sales exceed some country's GDP.

 

[Hoid]

but you were talking revenue

Tesla's revenue is $20 billion or so. Probably more.

and you have never worked for a construction company that big

 

[taxslave]

but you were talking revenue
Tesla's revenue is $20 billion or so. Probably more.
and you have never worked for a construction company that big

Fukk you are stupid. 20 billion is not that much money anymore. I know compared to your welfare cheque it looks big but it ain't.

 

[petros]

but you were talking revenue
Tesla's revenue is $20 billion or so. Probably more.
and you have never worked for a construction company that big

Zero profit.

That's a failure for any business.

Musk will be bought out.

 

[AnnaEmber]

Zero profit.

That's a failure for any business.

Musk will be bought out.

Or bailed out by some government fools (AKA corporate welfare).

 

[Hoid]

Fukk you are stupid. 20 billion is not that much money anymore. I know compared to your welfare cheque it looks big but it ain't.

List all the construction companies you have worked for with more than $20 billion in revenue.

Don't leave any out

 

[petros]

List all the construction companies you have worked for with more than $20 billion in revenue.
Don't leave any out

Is this a
made up number like the 600,000 medical bankruptcies in the US per year?

 

[Twin_Moose]

This is kinda cool

VW is providing electric powertrains to convert classic Beetles

 

[Hoid]

Is this a
made up number like the 600,000 medical bankruptcies in the US per year?

Why ask ?

Are you incapable of finding out what Tesla revenue is?

 

[captain morgan]

Why ask ?

Are you incapable of finding out what Tesla revenue is?

Profitability is what matters champ... Since inception, Tesla has not generated a single dollar in profits

 

[petros]

Why ask ?
Are you incapable of finding out what Tesla revenue is?

You arent, thats wny.

I can. Are you waiting for me Bennie?

Back your bullshit.

 

[nonchuan7511]