Jump to content
Create New...
  • 💬 Join the Conversation

    CnG Logo SQ 2023 RedBlue FavIcon300w.png
    Since 2001, Cheers & Gears has been the go-to hub for automotive enthusiasts. Join today to access our vibrant forums, upload your vehicle to the Garage, and connect with fellow gearheads around the world.

     

  • William Maley
    William Maley

    Tesla Announces A Loss In Third Quarter, Boost Production

    William Maley

    Staff Writer - CheersandGears.com

    November 5, 2012

    Tesla announced their third quarter results today and it was a mixed bag. The company announced a $110.8 million loss, a figure that's significantly higher than last year's $65.1 million loss. Tesla partly blames the loss on a slower-than-expected roll-out for the Model S, which went into production in July. Tesla says they have increased production of the Model S from 100 vehicles per week to 200. The company expects to be building 400 vehicles by the end of December. As for revenues, the company exceeded projections of $48 million by bring in $50 million in revenues.

    Tesla didn't revise its $400 to $440 million 2012 revenue outlook. The outlook was lowered about two months ago from from $560 to $600 million after the Model S' slow startup.

    Source: Reuters

    William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster.

    User Feedback

    Recommended Comments

    It might be wise for Tesla and Fisker to offer non-hybrid versions of their vehicles to increase volumes and decrease manufacturing costs. There must be some kind of 4 cylinder engine technology they could buy from another manufacturer. It could be win-win.

    Link to comment
    Share on other sites

    I do not see either of them surviving as independents.

    I didn't make that bet... 8)

    LOL :P I am just expanding on that bet. I agree one will survive at least but will loose it's freedom to a bigger boy on the block. :D

    Link to comment
    Share on other sites

    I'm actually thinking it will be a Toyota-Tesla tie up.

    That would give them a TT auto! :P

    I agree Toyota is at the top of the list with cash to buy a company like them. But they might be too conservative to actually jump at the chance. I could see BMW or MB doing it. I would love if GM could figure out how to scoop these startup up into the fold to sell the technology under the Cadillac/Buick line.

    Wonder if Tata Motors would try and pick up either one or that crazy car company that tried to do something with SAAB.

    Link to comment
    Share on other sites

    My guess, if anyone buys Fisker, it will be BMW or VW.... more likely the later, but the former is not impossible.

    I always forget about VW being a possible consumer of smaller auto companies. Not sure why but I also put them in the camp of possible consumers of Telsa or Fisker.

    Link to comment
    Share on other sites

    The reason I include BMW on the list is because of their total attention deficit disorder with their current product line right now... between the i-Series and the weirdo SUV coupes, they are looking for something.. anything.. to do that is different from the industry.

    The reason I think Toyota will grab Tesla is because they already have a number of partnerships with them.

    Link to comment
    Share on other sites

    What they supposedly plan on doing will not please the people who have been begging them to bring it back. It will be a totally different thing, and not what they've been begging for.

    Link to comment
    Share on other sites

    What they supposedly plan on doing will not please the people who have been begging them to bring it back. It will be a totally different thing, and not what they've been begging for.

    Agree, the new Supra will not be the lite weight speedy little fun car people remember. It will be bloated and it will probably be either a step up from the FRZ or an alternative energy speedster.

    Link to comment
    Share on other sites

    It will not be a car that people will connect with because it will be as engaging as a computer mouse. Nobody takes apart a computer mouse to modify it for their own purposes. Unplug and play... no real fun.

    • Disagree 1
    Link to comment
    Share on other sites

    It will not be a car that people will connect with because it will be as engaging as a computer mouse. Nobody takes apart a computer mouse to modify it for their own purposes. Unplug and play... no real fun.

    Good Analogy, people rarely custmize their mouse. Maybe the Ball but never the mouse. :P

    Link to comment
    Share on other sites

    It will not be a car that people will connect with because it will be as engaging as a computer mouse. Nobody takes apart a computer mouse to modify it for their own purposes. Unplug and play... no real fun.

    Have you driven one? Read that stats...the Tesla Model S is pretty quick...

    I find judgements of these cars by people who have never driven them to be absurdly humorous.

    It is amusing.... I don't get all the hatin'.... it's exciting to see a new American car company emerging, and the Model S is a seriously good looking car, with a wheelbase longer than any current GM car, by the way, and w/ great performance from what I've read. It's nice to see an electric car that isn't a tiny FWD turd (like the Leaf, Mitsu i-Mev, etc).

    Edited by Cubical-aka-Moltar
    Link to comment
    Share on other sites

    Well I suppose you could put a whale tale on a Karma if you really wanted to. Same with spinners, fat tires, etc. The Tesla Roaster already does 0-60 in 3.2 sec... and the Supra drivers above already showed that they can't even handle that sort of acceleration.

    Link to comment
    Share on other sites

    It will not be a car that people will connect with because it will be as engaging as a computer mouse. Nobody takes apart a computer mouse to modify it for their own purposes. Unplug and play... no real fun.

    Have you driven one? Read that stats...the Tesla Model S is pretty quick...

    I find judgements of these cars by people who have never driven them to be absurdly humorous.

    It is amusing.... I don't get all the hatin'.... it's exciting to see a new American car company emerging, and the Model S is a seriously good looking car, with a wheelbase longer than any current GM car, by the way, and w/ great performance from what I've read. It's nice to see an electric car that isn't a tiny FWD turd (like the Leaf, Mitsu i-Mev, etc).

    Tesla Model-S does 0-60 in 4.0 seconds. The CTS-V and ZL-1 run 3.9. If gasoline engines are sooooo much better, why can't two of GM's most powerful vehicles which also cost a lot more money completely blow away the Model-S?

    Link to comment
    Share on other sites

    How can they be customized? Modified? They are totally cold, passionless and disengaged. People who are asking for the Supra to return want THIS:

    What are earth are you going on about? Most buyers of new luxury sedans don't modify them. There is no correlation between the Supra and Model S. Maybe the Supra and the FR-S....

    • Agree 1
    • Disagree 1
    Link to comment
    Share on other sites

    Sterile speed does not equal passion of any kind. Those videos I posted are of cars not factory built. They are of cars lovingly built by their owners to perform better than factory. When one really thinks of it, just asking me to explain myself about something so obvious is absurdly humorous.

    Moltar, it has been published that there is a possibility that the next Supra will be a full electric, produced in a joint venture between Toyota and Tesla. Do you get my drift now?

    Edited by ocnblu
    Link to comment
    Share on other sites

    Sterile speed does not equal passion of any kind. Those videos I posted are of cars not factory built. They are of cars lovingly built by their owners to perform better than factory. When one really thinks of it, just asking me to explain myself about something so obvious is absurdly humorous.

    Can't really compare hot rodded old cars to new production cars. Apples and oranges. Different realities with no correlation.

    Moltar, it has been published that there is a possibility that the next Supra will be a full electric produced in a joint venture between Toyota and Tesla. Do you get my drift now?

    Hadn't heard that..interesting.

    Edited by Cubical-aka-Moltar
    Link to comment
    Share on other sites

    I guarantee you what those who are clamoring for a new Supra want is something they can build and modify and street race on Saturday night or on sunday... Sunday, SUNDAY!!! at the local drag strip. A Japanese Camaro/Mustang/Challenger... NOT a soulless, humming, silent, sterile electric approximation of what they perceive as a real car to be loved and enjoyed.

    Link to comment
    Share on other sites

    Sterile speed does not equal passion of any kind. Those videos I posted are of cars not factory built. They are of cars lovingly built by their owners to perform better than factory. When one really thinks of it, just asking me to explain myself about something so obvious is absurdly humorous.

    Moltar, it has been published that there is a possibility that the next Supra will be a full electric, produced in a joint venture between Toyota and Tesla. Do you get my drift now?

    It's a whole new market OCN. Those Supra's sound like ass.... I like fast without noise.

    • Agree 1
    Link to comment
    Share on other sites



    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.
    Note: Your post will require moderator approval before it will be visible.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.




  • Support Real Automotive Journalism

    Cheers and Gears Logo

    Since 2001, Cheers & Gears has delivered real content and honest opinions — not emotionless AI output or manufacturer-filtered fluff.

    If you value independent voices and authentic reviews, consider subscribing. Plans start at just $2.25/month, and paid members enjoy an ad-light experience.*

    You can view subscription options here.

    *a very limited number of ads contain special coupon deals for our members and will show

  • Posts

    • Very cool, seems Chinese EVs are here being compared by American companies so that hopefully we do not fall too far behind. A Xiaomi EV was spotted in America, and a US maker might be behind it
    • Kia just showed off in Brussels their Global release of the EV3, EV4, and EV5 GT editions. Full details are here. Kia electrifies Brussels Motor Show with three new GT models: EV3, EV4 and EV5 | Releases | Official Media Site NEWSROOM
    • Phoque him and las vegas!!! Phoque the whole damned country that is the usa!!!  Fix your own shyte! Canadians need not be a money mine for any american tourist site or area!!! trump and many maga a&&hol3s want to make Canada an enemy and actually want to occupy Canada. Many other americans are phoquing clueless to  trump's bullshyte!!!   Phoque that!!! There are only a hair above 40 million Canadians. There are a hair below 350 million americans.  trump said and continues to say that he and the usa does not need anything Canadian.  So phoque trump and phoque the usa!!!  Let americans visit and tourist las vegas and any other american area.  desantis who says continually "who needs Canadians?" and he FALSELY claimed last December  that florida had record breaking visitors mocking Canada's boycott to florida!!! Like I said...fix your OWN shyte!!!  Let the mayor of las vegas strike up a deal and pour marketing money INTO florida begging floridians to visit las vegas.  There are a hair below 25 million a&&hol3s in florida. floridians could visit las vegas!!!  And las vegans and nevadans could return the favour and visit Disney...  In fact, all of america could visit there OWN phoquing country and do their own phoquing tourist vacations within their OWN phoquing dumb a$$ country!!! Canada and Canadians NEED to stay the PHOQUE away from shytty usa!!!  Get killed by an ice agent?  Phoque off!!! Get accosted by a border agent???  Phoque off!!! Get robbed by a desperate down and out american loser because he voted for trump and trump phoqued him?  Phoque off!!!  But you know what the REAL sad news is about this whole shyte???!!!   https://www.cbc.ca/news/canada/calgary/southern-alberta-mustangs-collision-9.7071643   Rest in Peace 3 Southern Alberta Mustang junior hockey players died in a car crash yesterday afternoon. 2 were from British Columbia and the other boy from Birmingham Alabama.  ALABAMA... The kid was from Alabama playing hockey. In CANADA!!!  And the reverse happens quite often. Kids from Flin Flon Manitoba, play in the States in hockey with US scholarships...   Kids from Boston come to Montreal  and play for McGill or Concordia and Montreal kids play for Boston College...  Its quite sad that trump has made us enemies...   Its even sadder that some americans have accepted it!!!   
    • I find it funny that the Mayor and other politicians are begging Canadians to return to Vegas, but Mexico has won out, so I do not see them returning and the amount of visitors to Vegas has dropped to levels from 2000 to 2003. Billions lost and deserved based on the stupidity of the U.S. Canadian airlines are abandoning Las Vegas at levels not seen since 2006
  • Who's Online (See full list)

  • My Clubs

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.

Hey there, we noticed you're using an ad-blocker. We're a small site that is supported by ads or subscriptions. We rely on these to pay for server costs and vehicle reviews.  Please consider whitelisting us in your ad-blocker, or if you really like what you see, you can pick up one of our subscriptions for just $1.75 a month or $15 a year. It may not seem like a lot, but it goes a long way to help support real, honest content, that isn't generated by an AI bot.

See you out there.

Drew
Editor-in-Chief

Write what you are looking for and press enter or click the search icon to begin your search