Growing almost 2X per year ain’t cheap.
weapons
weapons
Why do you think there is no more good news coming? Just off the top of my head of good news coming:
They have plenty of money to fund it. Their gross profit should net them over 2 billion this year alone.
And they have options of their credit line or another stock offering in worst case scenario.
The answer is simple, In 2014, Tesla made 881.671 million in gross profit on selling 31,655 cars. Or 27,852.50$ in gross profit per car.
No, the current powerwall use a different chemistry than the one in the car. Tesla has plenty of places to reuse old cells, from powering their factories to superchargers.
They plan to double the service centers, they also have a 3rd party certified body shop program
They didn’t discontinue the powerwall products. They discontinued the 10kwh powerwall. The 7kwh Powerwall and 100kwh powerpack still remains. Though Tesla said with gigafactory there will be new versions of the powerwall coming.
The chemistry on the 7kwh powerwall and 100kwh powerpacks is different than the ones in the…
Earlier/later prototypes?
Yup. And yet they still won’t buy a Bolt.
The gigafactory is already online since 2015Q4. It will start producing batteries this year (2016) for the powerpacks/powerwalls.
That is a silly assessment. Most car purchases are a bad financial choice.
In 2016 they will generate over 2 billion in gross profit. More than enough to facilitate half a billion burn per quarter.
Tesla also plans to more than double their service centers if you missed the announcement.
They don’t need a dealer network.
Sorry, but you are clueless. The amount of cash this generates is insignificant in the large picture. The large spending they are doing is not reckless, it allows them to grow rapidly taking advantage of the first movers advantage. Henry Ford deployed the same strategy of rapid cash burn when he started.
Tesla has…
I see no reason why Tesla can not scale up 100k+ cars a year in the firs year. Other than geographical reasons such as fulfilling Brazil, India and other new markets they added with the Tesla Model 3. I do not see orders tricking into 2020. By then Tesla already expects 500,000 cars capacity.
It might, but the overall design screams HUD.
And knowing Musk, it is going to be a HUD.
According to Tesla’s financials, they expect to be cashflow positive in 2016. So the notion that they would need more money is silly just based on that. There is also no indicator of any rushes. Tesla has so far been on schedule with unveiling of the car and their predicted to frame of it coming out. (so far)
I think they are saving the HUD for Part 2.
I think part 2 will include a HUD.
Yes, but Musk said that they are still hiding features that will be unveiled in Part 2. Something like a HUD will not show on the basic design if it is not on projecting on the windshield.