Silver as an investment

Category Archives: Tesla

If You Read Between The Lines, Global Economic Leaders Are Telling Us Exactly What Is Coming

via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Sometimes, a strongly-worded denial is the most damning evidence of all that something is seriously wrong.  And when things start to really get crazy, “the spin” is often the exact opposite of the truth.  In […]

Elon Musk thinks we’re all going to die– here’s his Plan B / Simon Black / November 24, 2017 251 million years ago, the Great Permian Extinction wiped out around 96% of Earth’s species. Scientists call it “the great dying.” And they believe it occurred because of an eruption in Siberia that released more than 200 billion gallons of molten lava. The lava released large amounts of Sulphur […]

Is Tesla On The Verge of Bankruptcy? / by Karl Denninger / 2017-11-19  If you want one of their alleged “Super-Roadsters” you need to ante up $5,000 now plus $245,000 more within 10 days by wire transfer. Note that the car will not be “ready” and “deliverable” for three years according to Master Touter Musk. What happens if “three years” turns into “never”? You flushed $250,000 […]

Is This The Tesla Killer? / by Tyler Durden / Nov 16, 2017 We all know the story behind Fisker, it was one of the world’s first plug-in hybrid electric vehicles in 2008, and even had a legal spat between Tesla, but shortly after in 2012 the company crashed and burned in bankruptcy. Last year, Henrik Fisker decided to relaunch his brand. He thought […]

Tesla’s Having The Worst Day Ever As GOP Tax Plan Calls For Axing Electric Car Credit / by Tyler Durden / Nov 2, 2017 3:30 PM Tesla may be officially having the worst day ever.  One day after announcing its worst quarter in history, in which it burned a record $1.4 billion in cash (which is about $15.5 million every single day, btw)… …a couple of GOP Representatives had to come along and propose a […]

Pickup Sales Boom, Cars get crushed, Tesla Deliveries Plunge / by Wolf Richter / Nov 1, 2017 Carmageddon for Tesla, Fiat Chrysler, Hyundai, and Kia. Tesla had its worst quarter ever, which means something. It reported today that it lost $671 million on $2.98 billion in revenues. In the three quarters this year, it lost $1.47 billion. The Model 3 isn’t happening in any appreciable numbers. Only a […]

Amid Management Exodus, Tesla Fires Hundreds Of Workers

One month after Tesla lost its head of business development who wished to “spend more time with his family”, and just weeks after the EV company’s veteran battery technology director also unexpectedly quit amid a growing senior management exodus (full list at the bottom of this article), Tesla decided to even out the ranks on […]

Elon Musk Says He Can Power Puerto With Batteries

The Tesla team has done this for many smaller islands around the world, but there is no scalability limit, so it can be done for Puerto Rico too. Such a decision would be in the hands of the PR govt, PUC, any commercial stakeholders and, most importantly, the people of PR. — Elon Musk (@elonmusk) […]

Porsche And Mercedes Plot Musk Offensive With “Anything Tesla Can Do, We Can Do Better” Strategy / by Tyler Durden / Sep 22, 2017 5:20 PM Tesla you have a problem, well several actually. But, before we get into all the competition that is about to flood your market, lets take a look at some basic math surrounding your valuation.  Ford currently generates roughly $1,800 of EBITDA per vehicle and trades at a […]

Zero-Emission Vehicle Credits: The One ‘Product’ That Tesla Actually Earns A Profit On

As we pointed out last week when Tesla reported its Q2 earnings, making products that actually generate a return on capital for shareholders isn’t a strong suit of the Silicon Valley powerhouse.  In fact, Elon Musk managed to burn through a record $1.2 billion of cash in Q2 alone, or roughly $13 million dollars every […]