US Food Exports in 2017 = $133 billion US Vehicle Exports in 2017 = $158 billion I notice you're ignoring our conversation about their loan. My point is, putting Solyndra and Tesla in the same category is just a factual inaccuracy.
Ugh the tunnel thing, I can't stick up for Elon, he is a different story. Dude is doing to damn much and needs to get his ADD in check.
LOL I believe they just turned a profit last quarter if i'm not mistaken. At least they are trending upwards and out of the red finally. But for how long? The tariffs on China are hurting his China profits. If those ding bats would make a damn deal already that could all be resolved.
How do you know that the loans were paid back? Because the previous administration told you so? and if they were, how were they paid back? As stated before, the biggest cash contributor by far was the American gov't. Neither Tesla not SpaceX have ever been profitable. Where'd the money come from? And please show me an article that backs up your statement that "experts" have been saying that Tesla would fail "for a decade now". Because Business Insider, WSJ and the real "experts" have only been reporting Tesla's eventual demise for about 2 years now. About the same time the gov't teet ran dry lol
Tesla Motors Inc., SolarCity Corp. and Space Exploration Technologies Corp., known as SpaceX, together have benefited from an estimated $4.9 billion in government support, according to data compiled by The Times. The figure underscores a common theme running through his emerging empire: a public-private financing model underpinning long-shot start-ups. "He definitely goes where there is government money," said Dan Dolev, an analyst at Jefferies Equity Research. "That's a great strategy, but the government will cut you off one day." The figure compiled by The Times comprises a variety of government incentives, including grants, tax breaks, factory construction, discounted loans and environmental credits that Tesla can sell. It also includes tax credits and rebates to buyers of solar panels and electric cars. A looming question is whether the companies are moving toward self-sufficiency — as Dolev believes — and whether they can slash development costs before the public largesse ends.
so the numbers are similar according to your source. That doesn't cancel the validity of my statement. and without a doubt, Solyndra and Tesla are very much in the same category (along with GE). The connection being, the previous administration made a concerted effort to throw taxpayer money into new technology, whether or not that technology was scientifically feasible at that point in time. all it took was some smooth talking and the gov't just tossed them the dough how do you not understand this
He didn't say that, sis Againe with the words in people's moufs from sugar-t! When you have august, libtard publications such as the LA Times reporting on exactly what La Piedra just told you, yet you conveniently ignore it all to fit your narrative from loon-land, you once againe prove that you will argue with a tree regarding why its not a $100 bill. Barry's fave word applies to you, every day.
So when you say they never paid back the loan, what are you saying? The government lied and Tesla kept the money?
Those programs weren't put in place just for Tesla, except the state breaks from Nevada and the loan (which was paid back). Elon is the Donald Trump of Silicon Valley, yet you guys hate him lol
a lot like many of Trump's business's, I'm telling you, they are very similar dudes. Just have different visions of the future.
Recently, Tesla came out with their quarterly earnings report from the most recent quarter. They had a $710 million loss, $1.1 billion cash burn in the quarter, $380 million jump in accounts payables and accrued liabilities from the December quarter. There is no company on planet earth that burns more cash than Tesla with no letup in sight. As interest rates rise, the cost of their debt will dramatically increase ultimately bringing this company to a screeching halt. The drugs will finally wear off and reality may finally set in. Buyer beware. This was an excerpt published on May 11, 2018 from The Forecast Report, authored by Chief Investment Strategist, Jason C. Hilliard.