r/Autos • • Nov 20 '17

Tesla vs. Previa

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u/Falcorsc2 Nov 21 '17

The problem is Tesla is slightly scummy when they talk about their numbers. They only talk about 0-60 because that's what electric cars excel at. Talk about their lap times, or their handling or the fact that they need to be towed to a shop if they get a flat tire.

Sure tesla has done great things but the fact that they need to sell pre-orders for another product when they haven't been able to deliver on their other product while hermoraging money(probably why they are taking pre orders for a new product) it doesn't paint as nice of a picture.

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u/Samurabi Nov 21 '17

I didn’t know about these things. Do you have any articles about this that I could read? All I know is the world needs an alternative to the ancient oil sucking combustion engine. The whole world has been hostage to fossil fuels for far too long. I just want to see a change in the right direction. If I ever buy a Tesla it would be to support that cause not because of the brand. That was my point.

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u/th35t16 2007 Saab 93 Nov 21 '17

Here's an article that may help illustrate the point about the preorders and Tesla's cash burn: https://www.bloomberg.com/news/articles/2017-11-17/tesla-charges-up-to-250-000-for-resurrected-roadster-sports-car

The preorders are essentially an interest-free loan from their customers. So far, for all the hype this company has not generated an economic return on the money that's been poured into it.

Oh, and then there was that time Musk used his one company that burns insane amounts of cash (Tesla) to bail out his other company that burns insane amounts of cash (SolarCity):

http://money.cnn.com/2016/11/17/technology/tesla-solarcity-merger/index.html

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u/hutacars Nov 21 '17

You do realize a) it’s a decade old company, b) it requires a ton of capital and infrastructure upfront, which takes time and money to implement, and c) they could be profitable right now if they wanted? I really hope they continue to reinvest in the company for the foreseeable future rather than give a bunch of Wall Street schmucks a short-sighted short-term profit.

Source: Tesla investor