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Old 05-02-2020, 04:52 PM   #2401
godfather2112
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They also tapped the equity market for about $3 Billion so using that $8 billion figure is not due entirely to sales of vehicles. I believe their total debt obligation is around $13 billion. Might have to check on that.
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Old 05-02-2020, 07:30 PM   #2402
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Originally Posted by godfather2112 View Post
They also tapped the equity market for about $3 Billion so using that $8 billion figure is not due entirely to sales of vehicles. I believe their total debt obligation is around $13 billion. Might have to check on that.
Yeah I know they raised money. Tesla's debt is small compare to other automakers; they are in a great position. Hopefully Tesla gets to open Fremont soon that will help with cash. Also it seems that Tesla will be added to the S&P500 in Q3 that should help stabilize the stock volatility from what I heard.
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Old 05-04-2020, 10:22 AM   #2403
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https://www.caranddriver.com/news/a3...d-354-million/

Other Automakers Paid Tesla a Record $354 Million Last Quarter
Automakers buy regulatory credits, and a lot of them, from Tesla in order to comply with emissions regulations around the world.
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Amid a difficult economic environment, Tesla eked out a profit last quarter, the company’s third successive quarter in the green. The revenue stream that helped the electric vehicle maker get there: regulatory credits. Tesla earned $354 million from these credits this past quarter, a record for the company and a 64 percent increase as compared to the year prior, according to Tesla’s earnings report.
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Through having an all-electric lineup, Tesla amasses regulatory credits from various sources around the world. The credits are given out to automakers based on the vehicles they sell; in some areas, credits are given out based on the number of electric vehicles an automaker sells, and in others, it is based on the emissions that come from the vehicles sold.

The Zero Emissions Vehicle (ZEV) program is one such source; the program is a California regulation which mandates that automakers must sell a certain number of electric vehicles relative to their total sales. There are ten other states in the U.S. that have adopted the measure. If an automaker ends the year without sufficient credits, they’re fined – that is unless they buy them from a company such as Tesla.

The federal government’s system for regulatory credits will change beginning for the 2021 model year as the Safer Affordable Fuel-Efficient (SAFE) emissions regulations come into place. Nonetheless, up until the new regulations come into play, automakers have received emissions credits from both the National Highway Traffic Safety Administration (NHTSA)—the Corporate Average Fuel Economy (CAFE) standards—and the Environmental Protection Agency (EPA)—the Greenhouse Gas Emissions (GHG) standards—depending on the fuel efficiency of vehicles.

Similar measures have been put in place in the European Union, where rules mandate average emissions from new vehicles. In order to avoid what could have amounted to over $2.1 billion in fines according to analysts, Fiat Chrysler paid Tesla hundreds of millions of dollars so their vehicles are counted in the same fleet and therefore FCA’s emissions are averaged with those of Tesla.

For years, Tesla has been paid by other automakers for the regulatory credits that they acquire as a result of their all-electric lineup and it was a mystery as to who exactly was purchasing the credits. Last summer, Bloomberg reported that General Motors and FCA had disclosed in a Delaware court that they had agreed to buy greenhouse gas emissions credits from Tesla.
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Old 05-04-2020, 12:29 PM   #2404
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Originally Posted by Keshav View Post
https://www.caranddriver.com/news/a3...d-354-million/

Other Automakers Paid Tesla a Record $354 Million Last Quarter
Automakers buy regulatory credits, and a lot of them, from Tesla in order to comply with emissions regulations around the world.
IIRC FIAT is planning to buy about 2B worth of credits from Tesla
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Old 05-04-2020, 04:04 PM   #2405
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propped up car company is still propped up.
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Old 05-08-2020, 01:04 PM   #2406
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The battery skunkworks at Tesla is about to yield some fruit. This is an early look at a new patent Tesla filed that we should learn a lot more about this month.

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Old 05-09-2020, 09:48 AM   #2407
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How Elon Musk pronounces 'X Æ A-12', his new son's name... "X Ash A Twelve"

As an educator, I just want to head slap Elon. Why do eccentric people have to be so out of touch with reality...


BlitZ
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Old 05-09-2020, 02:30 PM   #2408
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https://www.sfchronicle.com/bayarea/...f-15258961.php

Elon Musk threatens to move Tesla out of California

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Tesla will move its headquarters and maybe its factory out of California and file a lawsuit against Alameda County, CEO Elon Musk tweeted on Saturday morning.

The tweets came a day after Alameda County officials reiterated that Tesla is not free to reopen its Fremont production facility as long as the county’s health orders remain in place.

“Frankly, this is the final straw,” Musk said in a combative tweet thread, in which he pledged to move the car manufacturer to Texas or Nevada.

“If we retain Fremont manufacturing activity at all, it will depend on how Tesla is treated in the future,” he said.
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Frankly, this is the final straw. Tesla will now move its HQ and future programs to Texas/Nevada immediately. If we even retain Fremont manufacturing activity at all, it will be dependen on how Tesla is treated in the future. Tesla is the last carmaker left in CA.
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Old 05-09-2020, 02:54 PM   #2409
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https://www.sfchronicle.com/bayarea/...f-15258961.php

Elon Musk threatens to move Tesla out of California
that will probably make the stock go down significantly in the short term.... that will be a good opportunity
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Old 05-09-2020, 02:57 PM   #2410
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California is the new Michigan
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Old 05-09-2020, 09:58 PM   #2411
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that will probably make the stock go down significantly in the short term.... that will be a good opportunity
It would be the smartest decision for tesla... and Apple, and any mega corporation in California. Immediate impact would hit the stock and bottom line for maybe 6 months. Long term, profit margin and productivity would increase like no ****ing other.
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Old 05-09-2020, 10:53 PM   #2412
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Tesla Raiders
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Old 05-10-2020, 02:15 PM   #2413
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Tesla should honestly move out of California and into a affordable a growing area. As much as I hate Vegas, they should look there. I'd also suggest Austin or slightly outside of it, and North Carolina.

Cost of living is less, therefore they can adjust pay scales down while still paying really healthy incomes to people in those areas. Every kind of tax is damn near lower, cost for running the manufacturing would be worlds less.

Tech startups and large tech companies no longer need San Fran to attract talent, they can go anywhere. At this point, it's San Fran and surrounding that need the tech companies to stay.
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Old 05-10-2020, 03:22 PM   #2414
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propped up car company is still propped up.
And they are still making it despite your multi year (sorry 10 years) hate. Seeing how many car companies paying them for credits is eye opening. Musk and his company are making it despite battling 100+ year old companies in a segment people said nobody could do it. He is.

I really don’t want Tesla coming here however. We are overrun with Cali people already to the point of me getting bumper stickers that read “go back to California. You moved here and all I got is more traffic and higher property taxes.” They are trying to turn parts of TX into California and F all that. Go home beotches. TX may turn complete blue and as a centrist I loathe that.

I hope they move to Nevada. Austin as suggested is a poor idea, even on the outskirts. It’s always been a college town and does not have the highway infrastructure setup for the population it had 10 years ago. It’s overrun, overcrowded, and a cluster F for traffic. Cali people flooded in 10 years ago and the natives hate them. It has ruined a once very cool city. Traffic is so bad there now, it could be Sunday afternoon, you are on 35 and it just gridlocks with you sitting there for an hour or longer not moving an inch due to whatever. Austin was F’d out 10 years ago.
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Old 05-10-2020, 03:27 PM   #2415
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propped up car company is still propped up.
Their market cap is >$150B. So, yeah, no.
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Old 05-23-2020, 05:12 PM   #2416
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Twitter

Tesla's CyberTruck was going to be shrunk down a bit to help fit it into more garages, but that got nixed. Full sized, full speed ahead.
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Old 05-24-2020, 09:43 AM   #2417
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https://twitter.com/elonmusk/status/1264262116954927104

Tesla's CyberTruck was going to be shrunk down a bit to help fit it into more garages, but that got nixed. Full sized, full speed ahead.
Too bad I have always kept my cars in the garage.
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Old 05-24-2020, 11:47 AM   #2418
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I bet there are enough idiots trying to demolish the cyber truck when parked outside because "let´s try because that thing is bulletproof"
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Old 05-24-2020, 12:48 PM   #2419
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There will always be those people who have to mess with your stuff. The neat thing about a Tesla is that it will record it so that you can have something to give to the police.
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Old 05-27-2020, 09:50 AM   #2420
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Sandy gets into the the difference between the CT and traditional truck design and manufacturing. TLDR CT conforms to manufacturing advice his company gives to his clients ; simplify for cost and quality.
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Old 05-28-2020, 02:08 PM   #2421
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Old 05-28-2020, 02:36 PM   #2422
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If anybody but Tesla made this it would be derided as a hideous half ass attempt at design. But there is a vehicle for everybody! Apparently even blind people.

does he really think the kind of people with a Tesla truck are going to call a dent or crack a badge of honor.. LOLOL... stopped watching at that point. I wonder how big a check Elon Wrote him.

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Old 05-28-2020, 02:42 PM   #2423
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Quote:
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If anybody but Tesla made this it would be derided as a hideous half ass attempt at design. But there is a vehicle for everybody! Apparently even blind people.
With working autopilot, can literally be the truck for blind people.
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Old 05-28-2020, 03:01 PM   #2424
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you would have to be blind to buy it. It is comically ugly. May as well just made a rectangle and simplified further.
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Old 05-28-2020, 03:25 PM   #2425
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you would have to be blind to buy it. It is comically ugly. May as well just made a rectangle and simplified further.
It's perfect for the low polygon people from the Money for Nothing video.

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