And comically easy to realize.

I would say the more likely explanation is that the owners are using the profits along with the investment money to expand their reach and build more “vending machines”. An investment firm that is able to provide many millions to billions of dollars in capital would audit everything through a fine tooth comb to ensure…

I wouldn’t call this an unprofitable concept, people have been making money selling cars for about 125 years. Stuff like Uber and Twitter being worth billions though...

Caravana and Carmax are growing for one reason. Used car dealers suck. They are dishonest, high pressure, pains in the ass to deal with and everyone is sick of it. I know I can probably get the car cheaper somewhere else, but I don’t care. I want to go buy the car and not feel like I need to take a bath in Clorox…

Bingo.

The concept is clearly profitable,  but the owners are keeping the profits for themselves instead of allowing the business to show the profit. 

Well, yeah. Get investors to give you tons of cash, fail miserably, keep the cash with no consequences. That’s how things work now.

You want to end up in a cheap nursing home,huh?

Apparently, I’ve been going about this life thing all wrong. Instead of doing hard work, I should have been coming up with grandiose yet unprofitable business ideas to make money.

This is one of the fundamental problems with modern capitalism. It shouldn’t be possible to make billions off an unprofitable concept.

Neutral - Carvana isn’t a manufacturer selling new cars, Tesla is.
Big difference in new car dealership franchise laws/requirements and used car re-sellers.

yeah but this year might as well be scratched.  noone is hitting any of the damn targets they set at the beginning of the year. 

I guess my 2009 Z06 didn’t get the memo that I had to build it myself.

They run 11s stock. 

Ha. After all the build up and the “new wonder batteries” are still conceptual?

Yes please, you’re standing in my daisies!

Ouch?

That chase is going to be longer than the one for a progressive majority on the Supreme Court.

Well you can't tow a boat with it either. If Tesla decides they don't need to sell cars to people who drive more than 150 miles a day in February I don't think it's going to hurt their sales much.

Well presumably if the price goes down enough (and density goes up, which goes largely hand in hand), you can squeeze more batteries into the car so that you get 250 miles in the winter too (and more in the summer).

Price is one thing. Range is the other. And when people talk about range, they typically mean in sunny southern California. The biggest hang-up I have, is the substantial decrease in range in the winter months. 250 miles is OK in the summer, but less than 175 on a charge in February is not ideal. And waiting a 1/2…