Pulsar
Diamond Member
- Mar 3, 2003
- 5,224
- 306
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Looks very nice, too. I'm surprised Tesla has been able to pull this off so far, congrats to them.
Therein lies the problem. They haven't pulled it off. They've got a fleet of people who have invested incredible sums of money.
The short version is that just about any car company can build a nice all-electric car and sell it. Turning a profit is a completely different animal. Somehow, I don't see that happening. If it were going to happen, believe me, the other automakers would already be there doing the same thing. Look at how much money per volt GM gives away / loses.
I'm not a naysayer of Tesla - I wish them the best. I just think everyone needs to realize that this isn't really a company making a serious product right now. It's a company using venture capital to gain the spotlight.
Let me know when they have their first real quarterly report where they turn a profit after taxes without using venture / angel capital to do it. I'll applaud them for it.
