bobbyd Posted November 8, 2013 Share Posted November 8, 2013 (edited) Third Tesla Model S fire raises fresh questions, NHTSA query | Motoramic - Yahoo Autos Not sure if this is a competing product. Editor can cancel if they choose...since some will say its not a Ford Discussion. Either way...its the 3rd fire . Edited November 8, 2013 by bobbyd Quote Link to comment Share on other sites More sharing options...
mackinaw Posted November 8, 2013 Share Posted November 8, 2013 You're right, this doesn't belong in the Ford Discussion section. And why introduce politics into the discussion? I'm no lover of Tesla, but to be factual, they paid off their $465 million federal loan last May. Quote Link to comment Share on other sites More sharing options...
ANTAUS Posted November 8, 2013 Share Posted November 8, 2013 I've been keeping an eye on Tesla actually, if the company is still around in a year or 2 and things continue to move forward I might be purchasing one, I'm pretty impressed with what they are doing. We shall see, jury is still out. Quote Link to comment Share on other sites More sharing options...
Deanh Posted November 8, 2013 Share Posted November 8, 2013 I see them being bought out by a major player...theres no way they can stay around on their own...... Quote Link to comment Share on other sites More sharing options...
mackinaw Posted November 8, 2013 Share Posted November 8, 2013 (edited) Jim Hall (2953 Analytics) figures Tesla will be bought out by somebody, probably Toyota. His reasoning: Their upcoming CUV will be based on the Model S platform so won't require much new engineering (so not much additional $$$$). Their planned small car though, will be brand new (meaning new platform) and require about $1 billion dollars in development costs. Plain and simple, they don't have the money. Look for Elon to bail then. Also interesting is that Tesla is only "profitable," now, by selling EPA credits. They have yet to make a dime by selling their vehicles. Edited November 9, 2013 by mackinaw Quote Link to comment Share on other sites More sharing options...
jasonj80 Posted November 8, 2013 Share Posted November 8, 2013 I see the investment that Tesla has from Toyota and Daimler as a way for them to get the patents out of Tesla when they file for bankruptcy. The stock price seems to have some similarities to Plug power back in the early 2000's. Also I can see a recall soon where they add some undercarriage protection for these road debris incidents.How are you going to market an SUV when if you scratch the underside it goes up in flames and I don't mean 4wheeling, some hard ice pack pushed on the shoulder of the road is very common to bottom out a vehicle on. Well at least if that happens you won't have to worry about snow removal where you park it after. 1 Quote Link to comment Share on other sites More sharing options...
LSFan00 Posted November 8, 2013 Share Posted November 8, 2013 Start up auto business makes a start up airline seem sensible. Huge capital investment required for a negligible shot at a low margin business. Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted November 8, 2013 Share Posted November 8, 2013 The important thing is that Elon Musk, a guy with a lot of money, will have even more when it's all said and done. Quote Link to comment Share on other sites More sharing options...
jpd80 Posted November 9, 2013 Share Posted November 9, 2013 (edited) The important thing is that Elon Musk, a guy with a lot of money, will have even more when it's all said and done. There is no other reason to be in business, everything else is ego driven. Edited November 9, 2013 by jpd80 Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted November 9, 2013 Share Posted November 9, 2013 There is no other reason to be in business, everything else is ego driven. I guess I don't quite see it that way. If you're going to make a fortune in business, your business should at least be sound. Tesla's is not. Not in the slightest. Their top 'products' are EPA credits and newly issued stock. Quote Link to comment Share on other sites More sharing options...
jpd80 Posted November 9, 2013 Share Posted November 9, 2013 (edited) Sarcasm Rich.... Musk is all about getting there via other people's money, not his. He draws in investors with speculative stock surging to three times its value, pulls forward sales to make Q1 figures look good to increase stock price so that he could then issue more stock to raise even more capital.. is no one listening to the alarm bells. He might have Toyota and Wells Fargo on board taking a cut from people outside the circle who are investing, buying or leasing but I have an awful feeling that it's a house of cards being propped up by credit and selling stock. We're saying the same thing but perhaps yours is the more accurate appraisal.. Edited November 9, 2013 by jpd80 Quote Link to comment Share on other sites More sharing options...
decranum Posted November 13, 2013 Share Posted November 13, 2013 As long as my model S lights on fire within the warranty, I can just get another one for free right? Quote Link to comment Share on other sites More sharing options...
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