Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
no jensen, it is not. I stand by what I say in the article and if you would take time to read some of my replies to various posts, you would realize that.
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
marshgre, I responded to the GM bailout in several posts, but I'll do it one more time. I was dead set against it. The same goes for the government bailouof Ford, Chrysler or any other mismanaged business.
Marshgre, read the first statement in your post. I mean really read it and tell me what sense it makes. Money owed the government in taxes and not paid is money that has to be made up somewhere. I don't know why this is so hard for some people to understand.
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
bresla, I've been hearing your doom and gloom for over forty years. It's the same old rant, spend the money now or "Mother Earth" will perish. How many billions have we squandered, brelsa? Read some of the books written two generations ago warning us of the same thing you just posted. Read them and then tell me this money wouldn't have been better spent feeding and clothing the poor. Your nobility is misplaced, brelsa. Mother Earth can take care of herself, why don't you worry about your fellow man instead.
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
Billiardman, I'm suggesting nothing of the sort. In fact, I'll make you and all the other Tesla car buyers a deal. Take the money you won't be sending to Uncle Sam because of your tax credit and donate it to a worthy charity. How's that sound? You do that and I'll retract my article. I'll eat some crow if hungry kids can eat decent food. How about everyone? Show me some more of that noble altruism that is so evident in this thread.
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
Exactly, Wall Street, Remember your Shakespeare? More specifically your Hamlet? "The lady doth protest too much, methinks." You get my point, and thanks for covering my back.
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
futurecartsla, The Model S is a quite a piece of engineering, there is no doubt about that. What I don't understand about your post is your statement, "top line valuation versus market cap." Take any company with a market cap of $5 billion, any company that has earnings and perhaps pays dividends. The market assigns that company a value based on its earnings. The market gives it a market cap based on tangible earnings. With Tesla, the market cap is arrived at through pure speculation of the company's future. There's nothing concrete to justify a $5 billion market cap. It's valuation through speculation, nothing more. Next week the stock may go to $100 a share for there's always a greater fool. Just remember futurecarsla, in the short term the market is a voting machine and in the long term it's a weighing machine.
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
AjitMD, Have you ever heard of Everet Dirksen. He was a politician who once said about federal spending, "A billion here, a billion there, pretty soon you're talking about some real money." It all adds up, Ajit, no matter how big or small the amount. This country can't afford it anymore.
I was dead set against the bailout of GM. That investment is still in the red. Ford and Chrysler? Heck, let's talk about all the corporations that get government goodies.
You're absolutely right, the Iraq war was primarily about the free flow of oil. Why do you think so many nations signed on?
Perhaps if we would've let Saddam grind Kuwait under his boot and jack up the price of oil at his whim, we would all be driving EVs today. Who would you rail at then, the evil electric utilities?
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
berylrb, Thank you for the compliment. It's appreciated, I assure you.
As for singling Tesla out, I not doing that at all. I mentioned in replies to other posts that brought up the same point that as far as I'm concerned, GM should have been allowed to fail. I have a real problem with government bailouts to mismanaged companies, government loans to start-ups of Tesla's magnitude and government tax credits to create and stimulate a demand.
Yes, beryirb, tax credits reduce taxes due. Taxes are monies owed. The government seems to need more and more money every year. Tax credits reduce the amount of money flowing into the government coffers. In order to make up the shortfall, the government either prints more money, borrows more money or raises taxes. And because of this, the financial condition of this country gets even weaker.
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
gosolar88, If you think I've lost this one, let's wait a bit and see what happens to this overpriced stock in the next year..
If you want numbers, go look at Tesla's for the last few years. I thought the people that read these articles were sophisticated enough to either be familiar with the numbers of a company they're interested in, or computer savvy enough to look them up. There are numbers at the links I inserted in the article, but you are probably right. I guess I just have to sit here and cut and paste every number available for every company I write an article about and then be sure to type them out.
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
Gerry
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
Gerry
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
Marshgre, read the first statement in your post. I mean really read it
and tell me what sense it makes. Money owed the government in taxes and not paid is money that has to be made up somewhere. I don't know why this is so hard for some people to understand.
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
Gerry
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
Gerry
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
Gerry
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
Gerry
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
Hi-Crush Partners: Digging For Dollars [View article]
Gerry
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
I was dead set against the bailout of GM. That investment is still in the red. Ford and Chrysler? Heck, let's talk about all the corporations that get government goodies.
You're absolutely right, the Iraq war was primarily about the free flow of oil. Why do you think so many nations signed on?
Perhaps if we would've let Saddam grind Kuwait under his boot and jack up the price of oil at his whim, we would all be driving EVs today. Who would you rail at then, the evil electric utilities?
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
As for singling Tesla out, I not doing that at all. I mentioned in replies to other posts that brought up the same point that as far as I'm concerned, GM should have been allowed to fail. I have a real problem with government bailouts to mismanaged companies, government loans to start-ups of Tesla's magnitude and government tax credits to create and stimulate a demand.
Yes, beryirb, tax credits reduce taxes due. Taxes are monies owed. The government seems to need more and more money every year. Tax credits reduce the amount of money flowing into the government coffers. In order to make up the shortfall, the government either prints more money, borrows more money or raises taxes. And because of this, the financial condition of this country gets even weaker.
Thank you for you civility, berylrb.
Gerry
Tesla's Model S: Engineering Dream, Fiscal Nightmare [View article]
If you want numbers, go look at Tesla's for the last few years. I thought the people that read these articles were sophisticated enough to either be familiar with the numbers of a company they're interested in, or computer savvy enough to look them up. There are numbers at the links I inserted in the article, but you are probably right. I guess I just have to sit here and cut and paste every number available for every company I write an article about and then be sure to type them out.
Gerry