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Phenomenal original-condition '63 Catalina. Those clear acrylic steering wheels cost about $1200 to have restored/recast :

@smk4565 You really to pay attention here and read this article. Their profit hasn’t even come from their product, but a shell game of carbon credits and selling off bitcoin. Tell us again how that is good for the long term bottom line. https://www.autoweek.com/news/green-cars/a36266393/tesla-made-more-money-selling-credits-and-bitcoin-than-cars/

@smk4565 Oh and Ford didn’t take a bailout like GM and Chrysler did. Furthermore, the last time I checked, Chrysler was under Daimler just prior to their bailout but shhhhh, we don’t talk about the failings of German companies and this isn’t about them or the traditional domestic makes anyway. This is about the house of financial cards known as Tesla.

So again, ignore the actual facts about product and try to cover with some nonsense about investors who, has Balth clearly stated, were in it for the stock ride. It sure as hell isn’t for the unreliable product that has yet to put them in the black long term. A third of those have already dropped them on a dime because issues the last five months. Just a little screenshot about those “non” worried investors and Tesla.

Compare to a stock like Exxon-Mobil. It doesn't move much, price-wise (tho right now it's 100% above it's 52-wk low). But it pays a dividend- last one I saw was .87 cents/share. Have 500 shares and Exxon is paying you around $1750/yr. So even if the stock flatlines, your money is making you money. Take it as cash or buy another 28 shares and earn $1850 in dividends next year. Tesla gives you nothing.

Investors get in & out at the snap of their fingers. There's never been a dividend, so buy in, if it rises an appreciable amount; sell out. The company's financial health is marginal; that's not why investors bought in. They bought in for the (stock) ride. And BTW, I'm sure those that bought in between $600 and $900 are plenty concerned.

I know that is how they have done it, doesn't mean they will always do it. I am not concerned with their financial health, and investors wouldn't have put $600 billion into this company if they were concerned either.

And that is a bit of an illusion that can go up in a flash with one bad year (or increased competition form literally everyone else). A snippet from one article regarding their cash flow. Be reminded that debt repayment and refinancing do not fall into the operating activities of the company and hence, it’s not part of the cash outflow or cash inflow discussed here https://stockdividendscreener.com/auto-manufacturers/tesla-cash-position/ Must be why their ATP is around $50K, which in case you haven’t been paying attention, means that FAR more folks opt for the cheaper models than they do the $140K models, much like certain other high priced makes. They might actually move a thousand of those a year, which is a drop in the bucket against overall sales. Nice to have on the brochures but it doesn’t really do much for the bottom line.

So your opinion is today's young kids are going to undertake retro-fitting vintage cars into battery-electric ones?? Where they getting the $70 grand to do that??? (EVWest charge: $50K + decent vintage car needing nothing else done to it: $20K). ? ? ?

Totally disagree with you on the Appeal as there are those that BEVs appeal much more so than an ICE. Just like Boomers and leaded gas, every year older people die off and those that say we reached our best in the early 70's are less and less and more people want their Cell Phone Smart Car rather than a traditional auto. Just finished up a family dinner and I asked my kids, my nieces and nephews and their spouses and not a single one could understand why anyone would want to drive a Stick shift even though both my kids learned on one, they would rather just go in D and drive away. Also everyone of them is excited for future options of BEVs as they would rather than deal with all the maintenance / gas on their current auto and just plug in at night from home. Yes less than 30 of us, but no one is an auto enthusiast like me or you and the more common approach is an appliance auto to get from point A to B and back. Future is going to embrace the simplicity of BEV over ICE.

You really need to look at the hard facts of Tesla, Current Valuation to Debt to Equity. Tesla Current Valuation vs Debt to Equity | TSLA (macroaxis.com) This makes it pretty clear that Tesla has some big hurdles. As long as Tesla can keep a crazy high stock price, they have a low debt to Equity, but that does not ensure they can survive long term on the current valuation as markets swing and if they do not start producing a real profit from their products, the Debt to Equity ratio can change to a very large negative.

'55 Chevy, Cummins 6BT TD, apparently dubbed "Tow Pig" on IG ~

I use Kingsford quick light starters (looks like shredded wheat) and lighter fluid to get mine going. Or those bagged logs like for a fireplace.

That was from a study dating back to 2019 (from 2015-2019 EV owners) which was mostly due to people not doing a little research and making sure that had viable charging options at home (like folks in rental homes, condos, or apartments). Much has changed on that front since then. https://www.cnet.com/roadshow/news/ev-owners-switch-gas-power-study/ But much like the number of folks who grow up knowing how to drive a stick, that number is going down every year. The younger generations know less and less to what you are referring and twenty years form now, hardly any will grow up knowing that.

I thought it was today. The second Sunday in June, just like Mother's Day is the second Sunday in May. Sorry.

And way to deflect. Fun fact. They’ve been getting bailouts since day one but maybe you missed that part while not coming up with an actual argument. Without those subsidies, they would have went under years ago. https://www.google.com/amp/s/cleantechnica.com/2020/08/03/tesla-subsidies-how-much/amp/ Got any other cute and non-sensical remarks you want to make?

Thank you for the 1 week early Fathers Day wishes!

Happy Father's Day, gents. You all get medals for bravery.

According to actual stock filing as of the end of Q1, they had $17.141 billion. With all the construction at Texas, Germany and Nevada, that can disappear overnight if payment from various companies was demanded. Cash flow in regards to sales, is a different matter. Tesla Cash on Hand 2009-2021 | TSLA | MacroTrends

Tesla has near $20 billion in cash, no cash flow problem.

Cash Flow Problem? Hell Yes he does, what part of he just lost $500 Million in Carbon Credit sales with only a $430 Million profit means he is cash positive? If he did not have a sales problem, then he would be selling millions globally rather than a few hundred thousand. The auto business has not been profitable yet if you look at the SEC filings, he had Tesla turning a profit due to Carbon Credit sales to other auto makers and now that the mergers have addressed those needs, the sales have stopped, so yes, Tesla has a Cashflow problem.

Finally; quicker in the quarter than a Dodge. Impressive numbers... just don't see many takers out there. No, like I said; he's looking at a looming CASH FLOW problem.

Of course not- it has almost zero appeal appeal-wise or financially. I'm not sure I get what you're speaking to.

Well if Tesla runs into financial trouble, they can just get a government bail out like GM and Ford did, and Chrysler did twice.

The just delivered the first Plaid models, fastest 0-60, fastest 1/4 mile of any production car, safest car in the world, infotainment has as much power as a PS5, 187 miles of charge in 15 minutes, faster around Laguna Seca than a McLaren P1 or a Corvette ZR1. I'd say he gave some tangible gain. Sure there are features it doesn't have, and it would be nice if Tesla had more models or if the Model S had more of a change to the body styling, but people are still buying and it's still the fastest car with a lot of tech.