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

captain morgan

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Mar 28, 2009
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Is it true they are closing their China factory?


 

petros

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Nov 21, 2008
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Tesla increases Model Y range to 315 miles, production begins now with deliveries in March
https://electrek.co/2020/01/29/tesla-model-y-range-increase-production-deliveries/
everyone was saying that the model 3 was the Model T but these day sedans are not the most popular ride.
the Model Y is the suv crossover thingy that all the young whipper snappers want.
Tesla believes it will out sell all their other vehicles combined.
Playing catch up to Ford's Mach E

https://www.ford.com/buy/mach-e/build-and-price.html#/model
 

Tecumsehsbones

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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.
 

Hoid

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Oct 15, 2017
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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_Debt_Per_Share/TSLA/Total%2BDebt%2Bper%2BShare/Tesla+Inc
Pretty sure Tesla has over $7 billion in cash

https://www.macrotrends.net/stocks/charts/TSLA/tesla/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 Cash on hand can be defined as cash deposits at financial institutions that can immediately be withdrawn at any time, and investments maturing in one year or less that are highly liquid and therefore regarded as cash equivalents and reported with or near cash line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

The Central Scrutinizer
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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

The Central Scrutinizer
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Pretty sure Tesla has over $7 billion in cash
https://www.macrotrends.net/stocks/charts/TSLA/tesla/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

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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.