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WBraun
climber
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All those that want to go to mars should be sent right away and good riddance.
That way this planet can start to heal much quicker .....
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Reilly
Mountain climber
The Other Monrovia- CA
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^^^^ AMEN!
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fear
Ice climber
hartford, ct
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All those that want to go to mars should be sent right away and good riddance.
Nah, Unfortunately the first people to go would be the test-pilot/squirrel-suit mentality guys. We need their skills and balls to prove out more constructive things.
The people you want sent there would be the last to go...
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Banks
Trad climber
Santa Monica, CA
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Meanwhile, back on Earth, more proof Tesla is in financial trouble. According to Tesla securities fillings, the company has total lease obligations of 1.6 Billion with 1.1 Billion due between this year and 2023. Just last month Tesla was signing and negotiating new lease agreements. They signed a new lease in my town until 2025. Now they bail on all retail locations. I guess they'll try to tie up the broken lease payments for years until they actually can pay them off or they are bankrupt and can't.
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10b4me
Social climber
Lida Junction
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All those that want to go to mars should be sent right away and good riddance.
That way this planet can start to heal much quicker .....
Could not agree more.
Why the need to go to Mars? To f*#k it up, like we did earth?
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August West
Trad climber
Where the wind blows strange
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I just said that I, personally, wouldn't ever buy a car online
I would have hesitations buying a used car online.
But for a new car where the manufacturer was standing behind the product so I felt I would be treated reasonably if something went wrong...
I would way prefer to buy it online. I freaking hate dealing with car sales people and dealerships and their BS games on what the final freaking costs out the door will be.
I guess it has an up side. I hang on to my cars several years longer than I would otherwise cause I despise the process of buying a car so much.
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BigB
Trad climber
Red Rock
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Elon Mosque
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steve s
Trad climber
eldo
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Did someone up thread say they paid $150,000. For a Tesla ? What model and what bells and whistles ?
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Minerals
Social climber
The Deli
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Why the need to go to Mars? To f*#k it up, like we did earth?
Precisely. But it’s not like there is existing habitat on Mars to destroy.
And we haven’t finished here on Earth yet.
Have fun out there, Musketeers...
[Click to View YouTube Video]
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Banks
Trad climber
Santa Monica, CA
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Mar 11, 2019 - 10:04am PT
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So last month Tesla announced it was going to expand its retail locations, only to reverse course and suddenly announce the closing of all retail locations last week. Yet just 3 days later they have now decided to keep about half of the locations open and bump up prices 3%. Yep, sounds like things are running smoothly.
Tesla also recently purchased a bunch of delivery trucks for 15 million. And paid for it in stock, not cash. Interesting....
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tooth
Trad climber
B.C.
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Mar 11, 2019 - 12:13pm PT
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That should appease all the people who were worried about the price drop they just made across the board for all vehicles. Putting it back to where it was, (increase base cost in Europe and the taxes increase proportionally as well - making up any price percentage difference)
Also, the 35k model3 price was not changed.
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Reilly
Mountain climber
The Other Monrovia- CA
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Mar 11, 2019 - 01:11pm PT
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How about the $1.5 BILLION they’re on the hook for lease agreements for ‘stores’?
1.1 billion is due in payments just this year!
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Banks
Trad climber
Santa Monica, CA
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Mar 11, 2019 - 01:32pm PT
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That should appease all the people who were worried about the price drop they just made across the board for all vehicles. Putting it back to where it was.
Simply not true. Price cuts were much greater than 3% as I pointed out up thread. A simple price search of Europe and Asia confirm this. The bigger issue is that the company is all over the map in its decision making process.
1.1 billion is due in payments just this year!
I believe it is between now and 2023. But still, a lot to have on the books and just hope to wipe clean by closing stores.
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Banks
Trad climber
Santa Monica, CA
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Mar 11, 2019 - 01:33pm PT
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Reily, Musk is rich, he can afford paying from his private account.
So why did he mortgage his 5 houses for 60 million?
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Cragar
climber
MSLA - MT
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Mar 11, 2019 - 01:58pm PT
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So why did he mortgage his 5 houses for 60 million?
Maybe because he doesn't get subsidized like the other auto makers? I don't know, wondering..
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Reilly
Mountain climber
The Other Monrovia- CA
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Mar 11, 2019 - 02:43pm PT
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Banksy, closing stores doesn’t cancel the lease agreements, does it? 😉
And I believe it was Reuters that said the 1.1 billion is due this year. I could have misread it.
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Reilly
Mountain climber
The Other Monrovia- CA
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Mar 11, 2019 - 04:14pm PT
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I say it will but my caveat is that Elon can’t use his personal stash to bail out the company.
And the money has to go to a charity of yer choice, or mine if I win. You know, like the NRA.
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Banks
Trad climber
Santa Monica, CA
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Mar 11, 2019 - 04:20pm PT
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Cragar- The simple answer is that Tesla is in financial straits and they have limited ways of raising capital.
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Banks
Trad climber
Santa Monica, CA
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Mar 11, 2019 - 04:53pm PT
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And right on cue....
Tim Newell, Director of Financial Products
and
Adam Laponis, VP of Global Finance
Are out. But everything is fine at Tesla.
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Reilly
Mountain climber
The Other Monrovia- CA
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Mar 11, 2019 - 05:03pm PT
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