Wed Jul 03, 2019 12:28 pm
#1703534
My head wasn't quite with the context of the thread when I read the "bodies attached to a skateboard" comment...
Tesla’s still losing money despite a record quarter for deliveries
A $408 million Q2 loss means Tesla is over $1 billion in losses for the year, and its CTO is stepping down
Tesla made and delivered more cars in the second quarter of 2019 than it did in any other quarter in company history, but still lost $408 million, according to a new filing with the Securities and Exchange Commission. That’s an improvement over the unexpectedly big $702 million loss Tesla posted in the first quarter of 2019, but it means the Model 3 is still not successful enough to lift the company out of the red for good.
eltonioni wrote:... and the news doesn't get better as the years tick by.
“In Q2, Model 3 deliveries reached an all-time record of 77,634. Not only was Model 3 once again the best-selling premium vehicle in the US, outselling all of its gas-powered equivalents combined...”
Colonel Panic wrote:eltonioni wrote:... and the news doesn't get better as the years tick by.
Really? Still a loss, but at a reduced level, and now with positive cash flow and record deliveries.“In Q2, Model 3 deliveries reached an all-time record of 77,634. Not only was Model 3 once again the best-selling premium vehicle in the US, outselling all of its gas-powered equivalents combined...”
Flyin'Dutch' wrote:We happened to stumble upon a Tesla dealership the other day and had a good look.
Flyin'Dutch' wrote:4. I think they are bland, Mondeo'sh
Flyin'Dutch' wrote:3. Their leasing rates for business users are unattractive
Rob P wrote:Do they have dealerships? I thought they just had pop-up showrooms, usually in shopping malls.
Flyin'Dutch' wrote:2. The paint quality is not great
Colonel Panic wrote:
There is still a long way to go, but far from fire sale material.
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