Tesla Cybertruck unveiling 21 Nov 2019.......

Lordhooha said:

I mean I have to be honest it looks more like a mars rover than a truck lol. But to each his own It’s why I have my 12v diesel truck too.

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xtsho said:

That is one ugly truck that will likely never see a production run for sale to the public. Everyone has electric vehicles now. Tesla is yesterday's news. Ford is coming out with an electric F-150. That's the one to watch.

First Look at the Electric Ford F-150's Frunk

As shown in a patent application, the upcoming truck's front trunk will have two separate compartments and can be accessed without opening the hood.

www.caranddriver.com

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doublejj said:

Tesla's furious rally pushes market value past $100 billion
Tesla stock hits $580 today........
(Reuters) - Tesla Inc shares surged on Wednesday, and the company became the first publicly listed U.S. automaker to cross $100 billion in market valuation, more than Ford Motor Co and General Motors Co combined.

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xtsho said:

And yet they've never made a profit and likely never will. The Tesla might be a nice car but that truck is just a prop. It will never be a production vehicle. Tesla lost the first to market advantage. Audi, Volkswagen, Lexus, Ford, etc.... All the established automakers have electric vehicles these days. Tesla is nothing special. It's a modern day DeLorean.

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doublejj said:

u funny......no auto make to date has produced a car equal to a 2012 Tesla model S. they are years behind. Elon is smoking the competition
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xtsho said:

And yet they've never made a profit and likely never will. The Tesla might be a nice car but that truck is just a prop. It will never be a production vehicle. Tesla lost the first to market advantage. Audi, Volkswagen, Lexus, Ford, etc.... All the established automakers have electric vehicles these days. Tesla is nothing special. It's a modern day DeLorean.

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xtsho said:

But he's not making any money and just keeps losing money. Beta was better than VHS. The DeLorean was a nice car. Etc... They might be nice cars but they lose money on every car they sell and that isn't going to change. It's a niche market that's all it is. Eventually they'll run out of money to keep operating. I'm not saying the technology is bad. I'm saying the business model is flawed and is destined for failure.

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christopher jordan said:

You don't know what your talking about they already sold over a 250.000 trucks. All the others make shit cars with no battery life. Don't be a dildo.

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doublejj said:

dude Tesla is building factories all over the world, they can't build cars fast enough for demand. Many ICE car companies probably won't survive the next 10 years......investors seem to know what's up.....Tesla for the win

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xtsho said:

They can build all the factories they want. They'll still never catch up to the big automakers and they'll never make a profit.

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doublejj said:

ICE automakers will never catch Tesla.....they are sooooo far ahead. Tesla demand is so high worldwide. ICE cars are dinosaurs at this point. Automakers are in Big trouble trying to catch Tesla.

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xtsho said:

They have taken orders for trucks they will likely never make. It's all on paper. They don't even have the factory capability to produce those vehicles. It's a ponzi scheme. They lose money on every vehicle so they come out with this "Cool" truck and get more investors so they can get more money to keep the rest of the company running. Tesla has never made a dime and they lose money on every vehicle sold.

Stop looking at the pumped up share price and look at the fundamentals of the company. They have little cash, huge debt, and a product that they don't make a profit on. It's a neat company but not the future of electric vehicles.

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xtsho said:

That's the problem. The only reason they are in demand is because they're priced less than what it costs to produce them and make a profit. If they were priced correctly the cost would go up 25% or more and then you'd have less buyers and less demand. I'm not arguing that Tesla's are not nice cars. I'm saying that they are an unprofitable company and that won't change until they fix their price structure but by doing that they'll lose a good percentage of their potential customers. They need to raise the price of their cars in order to make a profit. I don't see them being able to sustain many more years of multi billion dollar losses to gain enough market share where they'll be able to continue accumulating debt. The companies financials are in a very deep hole. One that I don't think they'll ever be able to climb out of.

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