Will Green Cars Be Exciting To Drive And Enjoyable To Own?

1161 messages,  Last post on May 14, 2013 at 1:36 PM

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What is this discussion about? Automotive News

#866 of 1161 Re: orders had nothing to do with it [ateixeira] by gagrice

Feb 26, 2013 (1:42 pm)

Replying to: ateixeira (Feb 26, 2013 1:35 pm)
The point is saying the stock price went down $100 million is meaningless. The bottom line is how many cars they sell and the EPS of the stock. The stock price can go up and down on a whim. Not really relevant to sales. Sounds to me like they are trying to churn up some cash. They have teetered on the brink of BK for a decade. We have given them way more than a $100 million tax payer dollars and they are still not building them with American labor.

#867 of 1161 Re: orders had nothing to do with it [gagrice] by gagrice

Feb 26, 2013 (1:45 pm)

Replying to: gagrice (Feb 26, 2013 1:42 pm)
Tesla Motors gets a $465 million taxpayer loan. Why?
 
http://www.dailyfinance.com/2009/09/15/tesla-motors-gets-a-465-million-taxpayer-- loan-why/

#868 of 1161 Re: orders had nothing to do with it [gagrice] by ateixeira

Feb 27, 2013 (9:02 am)

Replying to: gagrice (Feb 26, 2013 1:42 pm)
True but it does affect the interest rates he'll get from private borrowers after he pays off the government loans early (at least he says that's his plan).

#869 of 1161 Re: orders had nothing to do with it [ateixeira] by gagrice

Feb 27, 2013 (9:55 am)

Replying to: ateixeira (Feb 27, 2013 9:02 am)
Do you really think those loans will ever be paid off? I would expect BK within a year and the Chinese buying the parts for pennies on our tax dollars. Just the same as the battery maker for Tesla, A123. We give them a truck load of money and the execs live like Kings and we get little or nothing in return.
 
Bankrupt Tesla CEO Buys $17 Million Mansion After Receiving $465 Million Taxpayer-Funded Bailout

#870 of 1161 Re: orders had nothing to do with it [gagrice] by ateixeira

Feb 27, 2013 (10:45 am)

Replying to: gagrice (Feb 27, 2013 9:55 am)
Look at your source...no wonder.

#871 of 1161 Re: orders had nothing to do with it [ateixeira] by fintail

Feb 27, 2013 (10:56 am)

Replying to: ateixeira (Feb 27, 2013 10:45 am)
It's a satire site, kind of odd.
 
Although I do think Musk, being a zillionaire, should have been made to use more of his own fortune for his pet project. But that's how we roll here - socialize losses, privatize winnings.

#872 of 1161 Re: orders had nothing to do with it [ateixeira] by gagrice

Feb 27, 2013 (10:59 am)

Replying to: ateixeira (Feb 27, 2013 10:45 am)
Would you rather read it in Forbes?
 
http://www.forbes.com/sites/hannahelliott/2012/12/28/tesla-and-spacex-founder-mu- sk-buys-17-million-bel-air-mansion/
 
http://dealbook.nytimes.com/2012/09/25/questions-about-electric-cars-as-a-manufa- cturer-struggles/
 
My issue is based on the fact that the green agenda is directly tied to campaign contributions. I don't like spending $140,000 to build an EV that some fat cat buys for $97k then gets a tax credit of $7500. That is what is wrong with this country.
 
http://www.breitbart.com/Big-Government/2012/12/28/Tesla-CEO-Buys-17-Million-Man- sion-Got-465-Million-Govt-Loan

#873 of 1161 Re: orders had nothing to do with it [gagrice] by ateixeira

Feb 27, 2013 (11:17 am)

Replying to: gagrice (Feb 27, 2013 10:59 am)
Would you rather read it in Forbes?
 
YES.
 
Of course!
 
And NO to NYT as a source. How lame that all they could say is their writer failed to use "good judgement" when he wrote a piece of fiction.
 
Elon makes very little from Tesla, in fact he's the lowest paid automotive CEO I can think of.
 
He makes the big bucks from the SpaceX gig.
 
Notable is that Forbes does not imply that the government's money paid for the house. You can't buy a 27M mansion making less than half a million a year.
 
Only a source that should not be taken seriously would make that claim...
 
NYT and the other source should be tossed. Better yet you really shouldn't be reading that garbage to begin with.
 
So yes, I'd rather read the real story in Forbes.

#874 of 1161 Re: orders had nothing to do with it [ateixeira] by gagrice

Feb 27, 2013 (12:19 pm)

Replying to: ateixeira (Feb 27, 2013 11:17 am)
Notable is that Forbes does not imply that the government's money paid for the house. You can't buy a 27M mansion making less than half a million a year.
 
So why does someone worth $2.4 billion need our $465 million in tax dollars to finance his EV scam. It does seem suspicious that he closed on the house soon after getting the tax payers money. Of course the discounted price was on the stipulation that the owner get his money in 2012 to take advantage of the lower CG taxes last year.
 
http://blogs.wsj.com/developments/2012/12/21/elon-musk-goes-from-renter-to-owner- -in-bel-air/

#875 of 1161 Re: orders had nothing to do with it [gagrice] by imidazol97

Feb 27, 2013 (12:54 pm)

Replying to: gagrice (Feb 27, 2013 12:19 pm)
A little data about Tesla and our (my) tax money:
Tesla Motors – Received $465 million in stimulus, of which over $16 million went into the pockets of 2 owners.
 
•Elon Musk: Obama donor, DNC donor. Tesla Motors Founder. Also CEO of Solar City which received its own $275 million in stimulus funding. Between Solar City and Tesla Motors, Musk personally pocketed $15 million immediately after receiving their stimulus.
•Steve Westly: Tesla Motors CEO. Pocketed $1.2 million immediately after their stimulus payment.
•Steve Spinner: Tesla ‘consultant’. Obama donor, DNC donor. Then appointed to an executive position within the Dept of Energy.
•Nicholas Pritzker: Part owner of Tesla Motors. Obama donor. Related to a number of Obama advisors and high-profile donors.
•Sergei Brin: Part owner of Tesla Motors. Obama supporter.
•Larry Page: Google CEO, Part owner of Tesla Motors. Obama supporter.
•Eric Schmidt: Part owner of Tesla Motors and Obama administration advisor.
•Dan Reicher: Part owner of Tesla Motors and Obama administration advisor.
 
Things you won't get at CBS and ABC
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