Re: Also worth noting

Looks like Tesla is stirring up some controversy on lap times at Nuremberg. They are trying to have the Model S beat Taycan's lap time, which they did, but Tesla put on semi-slicks and supposedly stripped out the car's interior to do so. It's getting so chippy out there, that track officials are going to try and crack down on cars that try and "cheat" on their times. Porsche reportedly used a pure stock Taycan. Road & Track on Porsche vs Tesla Ring Times

I think the shareholders might appreciate it a bit more if he made more progress on making the company profitable:


[www.macrotrends.net]

Most of the money Tesla has spent has been in R&D and building out infrastructure, both of which sacrifice short-term profits but are very good for the future (as long as the company can stay in business). The one time they focused on profits, they were profitable. Then they went back into prioritization of long-term and profits went down. Judging by the valuation of the company, investors believe in the future of the company.

In 16 years they have built a car company from the ground up, released 4 vehicles (roadster, S, X, 3), sold 720,000 of them, are well into development on several others (Y, pickup, semi, roadster 2), 12k superchargers in 39 countries, done significant development on 3 ginormous factories, created and sold 2 energy storage products (powerwall, powerpack), and led the industry on autonomous driving technology.

....and I have yet to notice a Tesla dealership

"A mile of highway will take you one mile. A mile of runway will take you anywhere."

Dealerships - as a concept are not necessarily something the company wants to have.

I have heard rumors that traditional car companies tried to insist that Tesla open dealerships - in order to increase the capital load on Tesla.

[www.cnet.com]

[en.wikipedia.org]



No idea the nature and extent of that dispute.



Edited 2 time(s). Last edit at 10/22/2019 03:13PM by JMstamford,ct. (view changes)

The future of driving: “There’s simply nothing comparable in the field of electronic sports cars.” ~ Oliver Blume

"A mile of highway will take you one mile. A mile of runway will take you anywhere."

Pedro Bonilla
1998 Boxster 986 - 311,000+ miles: [www.PedrosGarage.com]
PCA National Club Racing Scrutineer - PCA National HPDE Instructor - PCA Technical Committee (Boxster/Cayman)

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Racecar spelled backwards is Racecar

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"If you wait, all that happens is that you get older"... Mario Andretti

"Being second is to be the first of the ones who lose" ... Ayrton Senna