Comments on: Rumblings: Tesla has just $9 million left in the bank http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html Car news, reviews, and specs for the auto-industry Sat, 11 Feb 2012 00:06:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: The Stig http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416478 The Stig Mon, 03 Nov 2008 16:17:28 +0000 http://www.leftlanenews.com/?p=11031#comment-416478 Tesla's problem is 1) price point, 2) the battery technology they chose is now obsolete and 3) Musk. Tesla’s problem is 1) price point, 2) the battery technology they chose is now obsolete and 3) Musk.

]]> By: maxcar http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416411 maxcar Sun, 02 Nov 2008 16:29:39 +0000 http://www.leftlanenews.com/?p=11031#comment-416411 johnny, i have not read the post. thanks for the tip. johnny, i have not read the post. thanks for the tip.

]]> By: Get Real http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416402 Get Real Sun, 02 Nov 2008 01:00:37 +0000 http://www.leftlanenews.com/?p=11031#comment-416402 Obama will save Tesla, he will save everyone. Long live our savior. Obama will save Tesla, he will save everyone. Long live our savior.

]]> By: johnnycanuck http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416388 johnnycanuck Sat, 01 Nov 2008 18:57:07 +0000 http://www.leftlanenews.com/?p=11031#comment-416388 maxcar, if you haven't read it already check out mayer_ray's post on the EU incentive article. I probably wouldn't have put it quite that way (but who knows once the gin has kicked in), but still the sentiment isn't that far off. I see it here to, acres and acres of once single family dwellings being mowed down to make room for nothing more than glorified apartment blocks all the while any attempt to upgrade the road infrastructure to keep up with the increased density is at best futile. I am not opposed to my tax dollar going towards fixed transit lines such as rail or in our case a mainly above ground system called Skytrain. That's money well spent and if it ended there so be it. It's when I hear that the money is being spent not only to subsidize a lack of ridership but pay a unionized bus driver's salary that is where I get my back up. maxcar, if you haven’t read it already check out mayer_ray’s post on the EU incentive article. I probably wouldn’t have put it quite that way (but who knows once the gin has kicked in), but still the sentiment isn’t that far off. I see it here to, acres and acres of once single family dwellings being mowed down to make room for nothing more than glorified apartment blocks all the while any attempt to upgrade the road infrastructure to keep up with the increased density is at best futile. I am not opposed to my tax dollar going towards fixed transit lines such as rail or in our case a mainly above ground system called Skytrain. That’s money well spent and if it ended there so be it. It’s when I hear that the money is being spent not only to subsidize a lack of ridership but pay a unionized bus driver’s salary that is where I get my back up.

]]> By: maxcar http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416382 maxcar Sat, 01 Nov 2008 16:03:39 +0000 http://www.leftlanenews.com/?p=11031#comment-416382 your point is better understood this time around. it may be because i'm not reading under the influence of more than a few gin and tonics too. i guess what i was trying to say last night is that in north america, there is a certain negative stigma associated with riding a bus that i can't quite understand. the opening scene of "crash" (big windows, so everyone can look in and see all the losers) and your previous post about sums it up. i latched on to the people that ride a bus = smelly part, rather than the empty bus syndrome. it is a bit of a self-fulfilling prophecy though. if i think that people that ride the bus are smelly (figuratively speaking), i wouldn't want to be lumped in with them, and therefor, i won't ride the bus. instead, i'll drive my car alone, along with everyone else, and overload this stretch of road and sit bumper to bumper for the next hour. building wider and wider roads is not a viable solution in the long term. i was reading about a u.s. city where adding extra lanes had occurred. when the project was complete, the new road had already exceeded it's capacity. this is not an isolated case either. you and i both post on this site because we love cars and love to drive. i get that. mass transit isn't for everyone, everywhere, all of the time. in congested cities, yes. on a routine commute in lieu of bumper to bumper, yes. going to the store to pick up a bottle of milk, no. etc., etc. it's the stigma i have a problem with. your point is better understood this time around. it may be because i’m not reading under the influence of more than a few gin and tonics too. i guess what i was trying to say last night is that in north america, there is a certain negative stigma associated with riding a bus that i can’t quite understand. the opening scene of “crash” (big windows, so everyone can look in and see all the losers) and your previous post about sums it up. i latched on to the people that ride a bus = smelly part, rather than the empty bus syndrome. it is a bit of a self-fulfilling prophecy though. if i think that people that ride the bus are smelly (figuratively speaking), i wouldn’t want to be lumped in with them, and therefor, i won’t ride the bus. instead, i’ll drive my car alone, along with everyone else, and overload this stretch of road and sit bumper to bumper for the next hour. building wider and wider roads is not a viable solution in the long term. i was reading about a u.s. city where adding extra lanes had occurred. when the project was complete, the new road had already exceeded it’s capacity. this is not an isolated case either. you and i both post on this site because we love cars and love to drive. i get that. mass transit isn’t for everyone, everywhere, all of the time. in congested cities, yes. on a routine commute in lieu of bumper to bumper, yes. going to the store to pick up a bottle of milk, no. etc., etc.

it’s the stigma i have a problem with.

]]> By: johnnycanuck http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416368 johnnycanuck Sat, 01 Nov 2008 10:04:36 +0000 http://www.leftlanenews.com/?p=11031#comment-416368 maxcar, that's the whole point, I have to take 3 steps back to see that there's no one on the empty bus that's in my way. Call it old school or whatever you want, but I don't feel it's my responsibility to subsidize someone else's ride to work; that's their problem. Now please tell what's wrong with being happy that gas is again relatively cheap, perhaps albeit temporarily. That's where your little rant loses its mileage. I can't drive an electric car yet- very few can- but I would in a heartbeat. I'd also happily drive a diesel. I have several fuel efficient vehicles that I do drive including a motorcycle. Are you getting the gist of this? The key element is that I do the driving, and It's pretty obvious as you go about your business on this great big continent that mine is not a minority opinion. By no means am I saying that public transit is irrelevant, but if you have properly designed roads and highways that keep traffic moving that is going to do far more to save our precious fossil fuels than having a half dozen people ride around on a 50 seat bus stuck in the same traffic jam that you are. And yes, the Tesla is a lovely car. maxcar, that’s the whole point, I have to take 3 steps back to see that there’s no one on the empty bus that’s in my way. Call it old school or whatever you want, but I don’t feel it’s my responsibility to subsidize someone else’s ride to work; that’s their problem. Now please tell what’s wrong with being happy that gas is again relatively cheap, perhaps albeit temporarily. That’s where your little rant loses its mileage. I can’t drive an electric car yet- very few can- but I would in a heartbeat. I’d also happily drive a diesel. I have several fuel efficient vehicles that I do drive including a motorcycle. Are you getting the gist of this? The key element is that I do the driving, and It’s pretty obvious as you go about your business on this great big continent that mine is not a minority opinion. By no means am I saying that public transit is irrelevant, but if you have properly designed roads and highways that keep traffic moving that is going to do far more to save our precious fossil fuels than having a half dozen people ride around on a 50 seat bus stuck in the same traffic jam that you are.

And yes, the Tesla is a lovely car.

]]> By: maxcar http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416365 maxcar Sat, 01 Nov 2008 06:22:53 +0000 http://www.leftlanenews.com/?p=11031#comment-416365 johnny, you're as old school as they come. speaking of smells, wake up and take your last wiff of oil. it isn't here to stay. the sooner north americans get a clue about their idiotic dependency on oil, the sooner this society can move on and prosper. to be in denial at this point is purely a head in the sand attitude. the same attitude that got the big three on their knees and at the brink of financial collapse. i'm as big a gasoline addict as anyone here, but unfortunately i'm dependent on the the whims of the greater population that this market caters to. if that population happens to be so behind the times, i'm fracked. i guess i should just join you and whine about gasoline prices, then belittle people that actually have found a solution to it by choosing mass transit, bi-atch about how useless diesel is as a stopgap, and throw my hands in the air and go buy a stopgap vehicle, like a chrysler product, that will last about 2 days beyond the warranty period. i guess i'll fit right in. by golly. take about three steps back and look at the big picture. the tesla is a nice motor car, by the way. johnny, you’re as old school as they come. speaking of smells, wake up and take your last wiff of oil. it isn’t here to stay. the sooner north americans get a clue about their idiotic dependency on oil, the sooner this society can move on and prosper. to be in denial at this point is purely a head in the sand attitude. the same attitude that got the big three on their knees and at the brink of financial collapse. i’m as big a gasoline addict as anyone here, but unfortunately i’m dependent on the the whims of the greater population that this market caters to. if that population happens to be so behind the times, i’m fracked. i guess i should just join you and whine about gasoline prices, then belittle people that actually have found a solution to it by choosing mass transit, bi-atch about how useless diesel is as a stopgap, and throw my hands in the air and go buy a stopgap vehicle, like a chrysler product, that will last about 2 days beyond the warranty period. i guess i’ll fit right in. by golly.

take about three steps back and look at the big picture.

the tesla is a nice motor car, by the way.

]]> By: adVANTAGE http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416322 adVANTAGE Fri, 31 Oct 2008 21:06:33 +0000 http://www.leftlanenews.com/?p=11031#comment-416322 I find it quite stupid and suspect that GM and Ford are given billions of dollars in aid when they're in trouble and companies like Tesla who are leading the way in future technology and global rejuvenation are hung out to dry. I find it quite stupid and suspect that GM and Ford are given billions of dollars in aid when they’re in trouble and companies like Tesla who are leading the way in future technology and global rejuvenation are hung out to dry.

]]> By: yarddog82abn http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416281 yarddog82abn Fri, 31 Oct 2008 18:06:42 +0000 http://www.leftlanenews.com/?p=11031#comment-416281 California Prop. 10, that is on the ballot this November 4th. is meant to help alternative fuel cars, just look, http://www.prop10yes.com/ Tesla Motors is in California, this bill if pass will help Telsa get out of the hole it's in.... California Prop. 10, that is on the ballot this November 4th. is meant to help alternative fuel cars, just look,
http://www.prop10yes.com/ Tesla Motors is in California, this bill if pass will help Telsa get out of the hole it’s in….

]]> By: Borat http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416274 Borat Fri, 31 Oct 2008 17:23:42 +0000 http://www.leftlanenews.com/?p=11031#comment-416274 02WRXPSM, I read the article you linked. What is confusing to me is that the CEO with personal fortune over 300 mils is not willing to part with 20 mils needed to provide company with positive cash flow. It is either his story is not all that believable or he does not believe in future of Tesla to sack in another 20 mils. Hillary Rodham Clinton believed more in her presidency, and of course was wrong. 02WRXPSM, I read the article you linked.
What is confusing to me is that the CEO with personal fortune over 300 mils is not willing to part with 20 mils needed to provide company with positive cash flow. It is either his story is not all that believable or he does not believe in future of Tesla to sack in another 20 mils. Hillary Rodham Clinton believed more in her presidency, and of course was wrong.

]]> By: 02WRXPSM http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416250 02WRXPSM Fri, 31 Oct 2008 16:07:26 +0000 http://www.leftlanenews.com/?p=11031#comment-416250 You're all wrong, as is the article itself. http://news.cnet.com/8301-11128_3-10079963-54.html?tag=newsEditorsPicksArea.0 You’re all wrong, as is the article itself.

http://news.cnet.com/8301-11128_3-10079963-54.html?tag=newsEditorsPicksArea.0

]]> By: Typical_LLN_Poster http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416247 Typical_LLN_Poster Fri, 31 Oct 2008 15:54:31 +0000 http://www.leftlanenews.com/?p=11031#comment-416247 Hot little gem? They're about as cold as the jar of pickles in my fridge. For some, this will be proof that the electric car technology isn't just "sitting on the shelf". Not only that, but the general public simply do not want electric cars. For others it will be more fuel for their anti-GM conspiracy theories. Hot little gem? They’re about as cold as the jar of pickles in my fridge.

For some, this will be proof that the electric car technology isn’t just “sitting on the shelf”. Not only that, but the general public simply do not want electric cars. For others it will be more fuel for their anti-GM conspiracy theories.

]]> By: johnnycanuck http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416229 johnnycanuck Fri, 31 Oct 2008 14:36:23 +0000 http://www.leftlanenews.com/?p=11031#comment-416229 oldraven, where are you? I've seen $1.05 here in Vancouver/Lower Mainland, but that's it. Mind you, if they took out our @%*?##@* carbon and transit taxes we'd be right there too. I especially love subsidizing public transit; if there aren't enough smelly bus people to cover the cost then get rid of them (the buses and the smelly bus people) and spend the money on better roads. oldraven, where are you? I’ve seen $1.05 here in Vancouver/Lower Mainland, but that’s it. Mind you, if they took out our @%*?##@* carbon and transit taxes we’d be right there too. I especially love subsidizing public transit; if there aren’t enough smelly bus people to cover the cost then get rid of them (the buses and the smelly bus people) and spend the money on better roads.

]]> By: rds130 http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416226 rds130 Fri, 31 Oct 2008 14:32:03 +0000 http://www.leftlanenews.com/?p=11031#comment-416226 Maybe Tesla shouldn't have ousted Martin Eberhard....*cough cough* Maybe Tesla shouldn’t have ousted Martin Eberhard….*cough cough*

]]> By: A4 http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416219 A4 Fri, 31 Oct 2008 14:02:59 +0000 http://www.leftlanenews.com/?p=11031#comment-416219 the cost of R&D on a brand new electric model would likely be significantly more than just buying Tesla so if any of the big 3 can come up with the cash, (maybe not chrysler - cause they have electric models already coming, and theyre broke) then they should snap this up the cost of R&D on a brand new electric model would likely be significantly more than just buying Tesla so if any of the big 3 can come up with the cash, (maybe not chrysler – cause they have electric models already coming, and theyre broke) then they should snap this up

]]> By: oldraven http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416218 oldraven Fri, 31 Oct 2008 14:01:01 +0000 http://www.leftlanenews.com/?p=11031#comment-416218 And howsmydriving, you're forgetting that Ford still has Mazda under its wing. I just saw my first two digit gas price in almost three years! 98.6c/L. And howsmydriving, you’re forgetting that Ford still has Mazda under its wing.

I just saw my first two digit gas price in almost three years! 98.6c/L.

]]> By: oldraven http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416214 oldraven Fri, 31 Oct 2008 13:58:11 +0000 http://www.leftlanenews.com/?p=11031#comment-416214 I called this just after the second lawsuit. It was obvious then that a startup showing this much corruption so early on was doomed. I called this just after the second lawsuit. It was obvious then that a startup showing this much corruption so early on was doomed.

]]> By: mayer_ray_nagin http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416209 mayer_ray_nagin Fri, 31 Oct 2008 13:38:33 +0000 http://www.leftlanenews.com/?p=11031#comment-416209 Typical loser california company. Californians and their idiotic mentality are the primary drivers behind the finacial problems in the world. Typical loser california company. Californians and their idiotic mentality are the primary drivers behind the finacial problems in the world.

]]> By: howsmydriving http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416197 howsmydriving Fri, 31 Oct 2008 09:18:38 +0000 http://www.leftlanenews.com/?p=11031#comment-416197 Sad. I don't see Ford investing in Tesla, because Tesla's are sporty, and Ford has spun-off all of its sporty acquisitions, leaving the dreaded VOLVO in its stable. Sad. I don’t see Ford investing in Tesla, because Tesla’s are sporty, and Ford has spun-off all of its sporty acquisitions, leaving the dreaded VOLVO in its stable.

]]> By: JakeK66 http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416196 JakeK66 Fri, 31 Oct 2008 08:09:46 +0000 http://www.leftlanenews.com/?p=11031#comment-416196 Who saw this one coming? Oh yeah, I did. When something seems too good to be true, it usually is. Tesla's whole model seemed like it couldn't fail, enough promising products in the pipeline, how could it fail? Well guess what? It's harder than it looks to create a car company from scratch, even with tons of free publicity and record gas prices on your side (at least a couple months ago, gas is down close to $2 where I live). I guess George Clooney will have to service his Tesla with his huge ego, I never knew how he could fit him and his ego together in that two seater anyway. Who saw this one coming? Oh yeah, I did. When something seems too good to be true, it usually is. Tesla’s whole model seemed like it couldn’t fail, enough promising products in the pipeline, how could it fail? Well guess what? It’s harder than it looks to create a car company from scratch, even with tons of free publicity and record gas prices on your side (at least a couple months ago, gas is down close to $2 where I live).

I guess George Clooney will have to service his Tesla with his huge ego, I never knew how he could fit him and his ego together in that two seater anyway.

]]> By: TOZO http://www.leftlanenews.com/rumblings-tesla-has-just-9-million-left-in-the-bank.html#comment-416194 TOZO Fri, 31 Oct 2008 06:07:43 +0000 http://www.leftlanenews.com/?p=11031#comment-416194 With GM buying Chrysler, Ford could fix itself by buying this hot little gem of a company for a few million. It sounds more promising than a GM-Chrysler or even a Porsche-VW semi-merger. With GM buying Chrysler, Ford could fix itself by buying this hot little gem of a company for a few million. It sounds more promising than a GM-Chrysler or even a Porsche-VW semi-merger.

]]>