It's a great one-time-use battery. You have to completely rebuild the battery when it's discharged. Zinc air is also very high, but single use (typically seen in completely-in-canal hearing aids). Aluminum air has very good density, but really isn't suitable because of the rebuild requirement. So you'd have to remove the entire battery pack, and put a new one in, at each "refueling". And you're still well below jet fuel. It's REALLY HARD to find something that contains as much easily-released energy in such a small mass/volume as petroleum fuels.
But we were promised that they'd deliver 5K cars/week by Q2 of 2018! If they now hold off to Q3, well I guess that's just another busted Tesla promise...
How much did it take to get that revenue? Look at the sales and admin line as well - that's kind of required. They end up negative. And of course there's the interest on the debt to finance the operations/purchases for the sales. That should be in there too. Completely eliminate R&D and capex and they still lose money. Seriously, you're only looking at the cost to get the raw parts off the production line - not the costs related to getting the parts to the factory, sales arranged, vehicles shipped, etc. All the other stuff that HAS TO HAPPEN to have a sale.
Peak doesn't matter; output and sales and revenue relies upon average. You cannot take a single peak value and assume it will be the continuous output. What can they do for a full month? That would be much more instructive about the actual throughput of the line. When I've set up production lines, I'm always looking at the typical throughput averaged over 3 to 5 days, or even 2-4 weeks (depending upon the volume of product being built). You cannot go by a peak value ever - it's not an accurate representation of the long-term output of the line.
So, if you have ONE week with 5K units, you can claim you can do 5K units sustained? In actuality, you need to average in downtime. You need to look at the weekly and monthly averages to get a feel for the typical build rate. You cannot extrapolate a single 8 hour shift and say "that's what we can do". NO sane production engineer would ever do that... The facts are that Tesla is delivering about 1700 units a week right now. They need to do a solid 700 per day for the next 10 days to even come close to showing they can do 5000 per week.
Here are the facts. Gross profit of $456MM. Selling General Admin costs are $686MM. That puts you negative right there. R&D is another $367MM. Interest is another $150MM. That's how Tesla keeps losing $700MM per quarter. And again - looking at the financial statement, it's losing money before R&D and interest costs.
Here you go. Gross profit is COMPLETELY eliminated by just Selling General and Admin costs. That's not including interest expenses, R&D, etc. Gross profit in Q1 2018 was $456MM, and Selling General Admin costs were $686MM. That's a quarter of a billion loss BEFORE we even include R&D, interest on debt, capex, etc. Oh, and that's from Tesla's financials.
Facts are facts - cheerleaders need to realize that...
Tesla's losing money on every car they sell, and are going further into debt (meaning - losing MORE money per car) every month. Is this the new accounting, like the dot-bomb era where the mantra as "it's OK to lose money on every unit, you'll make it up in volume!"? When you're burning a few billion dollars a year, and only have a few billion left in the bank and credit lines - the end comes up really quick UNLESS you want to sell (dilute) more stock... Tends to piss off stockholders though...
Tesla has yet to sustain anything more than ~2K per week; occasional press-push bursts above that, but currently they are doing around 1700 per week (per Bloomberg). Five thousand per week, sustained, is probably at least 1 quarter - if not 2 - away.
Do you realize that the best selling EV in the world is the BAIC EV180? And the second best is the Nissan Leaf? Tesla's model S is a distant 3rd place...
Check the financials. Tesla loses money on every car it sells. Look at gross profit and subtract sales, administration, and general. You're already at a loss. BEFORE R&D, capex, interest, etc. Tesla isn't eating anyone's lunch, it is eating its own tail. Ford, GM, VW, Toyota - they make profit on every vehicle, enough that they also pay dividends. There is no worry there...
You do realize that TSLA loses money on every vehicle it sells - BEFORE you account for R&D and capital expenses (which pushes it further into the red), don't you?
Bloomberg is showing about 1700 per week right now; they need to triple that - and sustain it - within 10 days to reach 5K by the end of the quarter. My bet is they don't reach that metric, at least not sustained. Meaning, yet again, missing a production goal.
My cellphone has a Verizon number and GV number - and both work interchangeably. I don't think there is any issue with using exclusively GV - I do that when traveling internationally to many countries... Works great! GV messages stay in the Voice app, VZ messages stay in the VZ app.
Well, it's generally frowned upon to NOT land with your all your passengers intact. Of course, that does eliminate the need to worry about frequent flyer miles...
CATS? Living with two of them, I can definitely confirm they are just this side of dangerous as living in the middle of a Zombie Apocalypse carrying a bag of fresh brains! They love walk under your feet as you walk, sit on your face when you're sleeping, and rudely sit on your keyboard when composing the Most Important Email Ever!
Well, as long as we also ban videos with all those other dangerous items! Like beer. Or cars, Or cigarettes. Or table saws. Or hammers. Or fried foods. Or nuts. Or surfing. Or stairs. Or pools. Or...
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It's a great one-time-use battery. You have to completely rebuild the battery when it's discharged. Zinc air is also very high, but single use (typically seen in completely-in-canal hearing aids). Aluminum air has very good density, but really isn't suitable because of the rebuild requirement. So you'd have to remove the entire battery pack, and put a new one in, at each "refueling". And you're still well below jet fuel. It's REALLY HARD to find something that contains as much easily-released energy in such a small mass/volume as petroleum fuels.
But we were promised that they'd deliver 5K cars/week by Q2 of 2018! If they now hold off to Q3, well I guess that's just another busted Tesla promise...
How much did it take to get that revenue? Look at the sales and admin line as well - that's kind of required. They end up negative. And of course there's the interest on the debt to finance the operations/purchases for the sales. That should be in there too. Completely eliminate R&D and capex and they still lose money. Seriously, you're only looking at the cost to get the raw parts off the production line - not the costs related to getting the parts to the factory, sales arranged, vehicles shipped, etc. All the other stuff that HAS TO HAPPEN to have a sale.
I keep them separate - the "carrier phone" stuff is personal, the "Google Voice" stuff is work. It works for me...:)
Peak doesn't matter; output and sales and revenue relies upon average. You cannot take a single peak value and assume it will be the continuous output. What can they do for a full month? That would be much more instructive about the actual throughput of the line. When I've set up production lines, I'm always looking at the typical throughput averaged over 3 to 5 days, or even 2-4 weeks (depending upon the volume of product being built). You cannot go by a peak value ever - it's not an accurate representation of the long-term output of the line.
So, if you have ONE week with 5K units, you can claim you can do 5K units sustained? In actuality, you need to average in downtime. You need to look at the weekly and monthly averages to get a feel for the typical build rate. You cannot extrapolate a single 8 hour shift and say "that's what we can do". NO sane production engineer would ever do that... The facts are that Tesla is delivering about 1700 units a week right now. They need to do a solid 700 per day for the next 10 days to even come close to showing they can do 5000 per week.
Here are the facts. Gross profit of $456MM. Selling General Admin costs are $686MM. That puts you negative right there. R&D is another $367MM. Interest is another $150MM. That's how Tesla keeps losing $700MM per quarter. And again - looking at the financial statement, it's losing money before R&D and interest costs.
Here you go. Gross profit is COMPLETELY eliminated by just Selling General and Admin costs. That's not including interest expenses, R&D, etc. Gross profit in Q1 2018 was $456MM, and Selling General Admin costs were $686MM. That's a quarter of a billion loss BEFORE we even include R&D, interest on debt, capex, etc. Oh, and that's from Tesla's financials.
Facts are facts - cheerleaders need to realize that...
Tesla's losing money on every car they sell, and are going further into debt (meaning - losing MORE money per car) every month. Is this the new accounting, like the dot-bomb era where the mantra as "it's OK to lose money on every unit, you'll make it up in volume!"? When you're burning a few billion dollars a year, and only have a few billion left in the bank and credit lines - the end comes up really quick UNLESS you want to sell (dilute) more stock... Tends to piss off stockholders though...
Accurate as of today...
You think it's realistic that Tesla will capture 100% of that luxury EV market?
Tesla has yet to sustain anything more than ~2K per week; occasional press-push bursts above that, but currently they are doing around 1700 per week (per Bloomberg). Five thousand per week, sustained, is probably at least 1 quarter - if not 2 - away.
Do you realize that the best selling EV in the world is the BAIC EV180? And the second best is the Nissan Leaf? Tesla's model S is a distant 3rd place...
Check the financials. Tesla loses money on every car it sells. Look at gross profit and subtract sales, administration, and general. You're already at a loss. BEFORE R&D, capex, interest, etc. Tesla isn't eating anyone's lunch, it is eating its own tail. Ford, GM, VW, Toyota - they make profit on every vehicle, enough that they also pay dividends. There is no worry there...
You do realize that TSLA loses money on every vehicle it sells - BEFORE you account for R&D and capital expenses (which pushes it further into the red), don't you?
Bloomberg is showing about 1700 per week right now; they need to triple that - and sustain it - within 10 days to reach 5K by the end of the quarter. My bet is they don't reach that metric, at least not sustained. Meaning, yet again, missing a production goal.
Welcome to California. We like to tax the crap out of everything... Your price for jet fuel would make it cheaper for jet fuel than electricity!
So "just" a 10:1 ratio in energy density?
Yes, they do.
"Not our fault!" There must be some bad news coming out later this week, and he wants to get ahead of it with some sort of excuse to blame...
Given that Android devices outsell iPhones by about 7.5 to 1, I'd say no.
My cellphone has a Verizon number and GV number - and both work interchangeably. I don't think there is any issue with using exclusively GV - I do that when traveling internationally to many countries... Works great! GV messages stay in the Voice app, VZ messages stay in the VZ app.
Well, it's generally frowned upon to NOT land with your all your passengers intact. Of course, that does eliminate the need to worry about frequent flyer miles...
CATS? Living with two of them, I can definitely confirm they are just this side of dangerous as living in the middle of a Zombie Apocalypse carrying a bag of fresh brains! They love walk under your feet as you walk, sit on your face when you're sleeping, and rudely sit on your keyboard when composing the Most Important Email Ever!
Well, as long as we also ban videos with all those other dangerous items! Like beer. Or cars, Or cigarettes. Or table saws. Or hammers. Or fried foods. Or nuts. Or surfing. Or stairs. Or pools. Or...