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TOPIC: Just_Wondering
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No, they reported $179 million in "positive cash flow from core operations", which I'm sure could be interpreted as a profit by some. But it's not.

Their actual company-wide net was a $320 million loss.

Windermere FL
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Musk was a billionaire before Tesla.

And if you went down to the bottom of the story, Tesla made 179 million in the 4th quarter.

Fullerton CA
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...exactly my point, VA.

Bridgewater NJ
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"on this green earth the cars *weren't* priced $50K higher. i mean...really! if people are gonna buy a luxury "electric" car then they damned well ought to *pay* for it. (and not you and me subsidizing their friggin toy.)"

Well that's a question best posed to those who lament subsidies to wealthy people. Teslas are priced in the same range as brands like Maserati and Lotus. These are not exactly your "Everyman" cars.

So our tax dollars are being used to buy expensive cars for already well-off people and to build charging stations so they can move them around. Billions of dollars into just one company. And the whole shebang has made a billionaire out of Elon Musk. He will have come out ahead no matter what happens to the company.

Windermere FL
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I'm not sure who you are quoting there, 888. Was that reply to me? It seemed like it is, but your [sic] is within a quotation that didn't originate from me.

Windermere FL
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There is also something to be said for subsidizing transitional technologies...

Fullerton CA
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"So given that a Model S sells for around $90k on average (depending on version), the buyer is paying, in the end, roughly $80,000. But the car cost about $120,000 to build. In order to sell at a profit - without government incentives - the car would cost at least $130,000. How many do you think they'd be selling if the price jumped by $50k?"

.....i'm JW why on this green earth the cars *weren't* priced $50K higher. i mean...really! if people are gonna buy a luxury "electric" car then they damned well ought to *pay* for it. (and not you and me subsidizing their friggin toy.)

~sniff~

as you were, folks.

Bridgewater NJ
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Um, yes. My apologies, apparently my example was not made well enough. I will explain in another factual approach for you. The sourced electricity is a transformation of it's primary source, whether it be a raw conversion, storage or other. While your statement about ultimately 'they are powered by coal, nuclear [sic]...etc' can be "loosely" affirmed, as with almost anything, but only to an extent. All power applied comes from a primary source, however, the primary source loses it's claim as the source of power once the conversion to a secondary energy source takes place, which also goes against your erroneous remark that electricity is not an energy source, which I believe (opined) would be a current 1) primary (unclassified) source, because it is yet to be harnessed successfully with current technologies and a 2) secondary (classified) source (non-opined) also known to some as a "energy carrier" or "commodity" since primary sources must be converted to [sic] ie, electricity or hydrogen (two of the most known). I did find your write up to be entertaining and even a bit humorous how yearly losses were stacking against the auto maker, yet how they continue to thrive at a loss.

We can agree to disagree on this subject matter, and while misinformed and/or outdated collegiate papers circulate on the interweb and people can argue old energy classification information, I am not willing to pursue converse nor debate further what updated classifications of energy sources are already established by the USEIA, USAID, as well as the UNSD on the SIEC and CPC listings.

Charles Town WV
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"The spark to ignite fuel is the catalyst that makes the true source of "fuel" vehicles electricity."

Um, no. Even though I appreciate you were trying to be funny.

Windermere FL
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"Your "electric" car runs on whatever was used to generate the electricity. So your Tesla is actually a nuclear, fuel oil, or coal powered car."

The spark to ignite fuel is the catalyst that makes the true source of "fuel" vehicles electricity.

Or are we going to go all the way back to lightning creating fire.............

:-P

Charles Town WV
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TOPIC: Just Wondering
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