Home › Forums › Financial Markets/Economics › Tesla IPO
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June 28, 2010 at 3:12 PM #17646June 28, 2010 at 3:47 PM #572855daveljParticipant
If history is any judge, Tesla will ultimately fail because some other company comes along, improves on their technology and displaces them. Then the same thing will happen to that company and so on. I forgot the number but I think there were over 50 car manufacturers at one point (maybe more). Car manufacturers, technology… it’s very tough picking long-term winners. I just hope the technology improves. I’m just glad there are lots of folks willing and able to lose all of their money on stuff like this while the rest of us reap the benefits over the long term.
June 28, 2010 at 3:47 PM #572952daveljParticipantIf history is any judge, Tesla will ultimately fail because some other company comes along, improves on their technology and displaces them. Then the same thing will happen to that company and so on. I forgot the number but I think there were over 50 car manufacturers at one point (maybe more). Car manufacturers, technology… it’s very tough picking long-term winners. I just hope the technology improves. I’m just glad there are lots of folks willing and able to lose all of their money on stuff like this while the rest of us reap the benefits over the long term.
June 28, 2010 at 3:47 PM #573463daveljParticipantIf history is any judge, Tesla will ultimately fail because some other company comes along, improves on their technology and displaces them. Then the same thing will happen to that company and so on. I forgot the number but I think there were over 50 car manufacturers at one point (maybe more). Car manufacturers, technology… it’s very tough picking long-term winners. I just hope the technology improves. I’m just glad there are lots of folks willing and able to lose all of their money on stuff like this while the rest of us reap the benefits over the long term.
June 28, 2010 at 3:47 PM #573568daveljParticipantIf history is any judge, Tesla will ultimately fail because some other company comes along, improves on their technology and displaces them. Then the same thing will happen to that company and so on. I forgot the number but I think there were over 50 car manufacturers at one point (maybe more). Car manufacturers, technology… it’s very tough picking long-term winners. I just hope the technology improves. I’m just glad there are lots of folks willing and able to lose all of their money on stuff like this while the rest of us reap the benefits over the long term.
June 28, 2010 at 3:47 PM #573864daveljParticipantIf history is any judge, Tesla will ultimately fail because some other company comes along, improves on their technology and displaces them. Then the same thing will happen to that company and so on. I forgot the number but I think there were over 50 car manufacturers at one point (maybe more). Car manufacturers, technology… it’s very tough picking long-term winners. I just hope the technology improves. I’m just glad there are lots of folks willing and able to lose all of their money on stuff like this while the rest of us reap the benefits over the long term.
June 28, 2010 at 4:52 PM #572880CoronitaParticipantJust do some research on Tucker. History will repeat.
Mr. Musk, however is quite the interesting character. Reminds me of Howard Hughes.
I think I’ll pass.
June 28, 2010 at 4:52 PM #572975CoronitaParticipantJust do some research on Tucker. History will repeat.
Mr. Musk, however is quite the interesting character. Reminds me of Howard Hughes.
I think I’ll pass.
June 28, 2010 at 4:52 PM #573487CoronitaParticipantJust do some research on Tucker. History will repeat.
Mr. Musk, however is quite the interesting character. Reminds me of Howard Hughes.
I think I’ll pass.
June 28, 2010 at 4:52 PM #573593CoronitaParticipantJust do some research on Tucker. History will repeat.
Mr. Musk, however is quite the interesting character. Reminds me of Howard Hughes.
I think I’ll pass.
June 28, 2010 at 4:52 PM #573889CoronitaParticipantJust do some research on Tucker. History will repeat.
Mr. Musk, however is quite the interesting character. Reminds me of Howard Hughes.
I think I’ll pass.
June 29, 2010 at 12:43 PM #573258SmellsFeeshyParticipantIt seems that the idea of a pure electric car is a step backwards, not forwards. I remember back in the late 90’s/early 2000’s a few companies tried to build electric cars (Saturn and Honda I believe) which eventually failed and gave way to hybrids. What exactly does Tesla think they can do differently to overcome the negative aspects of electric cars?
Also personally I think the Tesla roadster is ugly compared to it’s Lotus counterpart. No way I’d pay over 100k for one. Maybe I’d pay $20k at the most.
June 29, 2010 at 12:43 PM #573352SmellsFeeshyParticipantIt seems that the idea of a pure electric car is a step backwards, not forwards. I remember back in the late 90’s/early 2000’s a few companies tried to build electric cars (Saturn and Honda I believe) which eventually failed and gave way to hybrids. What exactly does Tesla think they can do differently to overcome the negative aspects of electric cars?
Also personally I think the Tesla roadster is ugly compared to it’s Lotus counterpart. No way I’d pay over 100k for one. Maybe I’d pay $20k at the most.
June 29, 2010 at 12:43 PM #573871SmellsFeeshyParticipantIt seems that the idea of a pure electric car is a step backwards, not forwards. I remember back in the late 90’s/early 2000’s a few companies tried to build electric cars (Saturn and Honda I believe) which eventually failed and gave way to hybrids. What exactly does Tesla think they can do differently to overcome the negative aspects of electric cars?
Also personally I think the Tesla roadster is ugly compared to it’s Lotus counterpart. No way I’d pay over 100k for one. Maybe I’d pay $20k at the most.
June 29, 2010 at 12:43 PM #573977SmellsFeeshyParticipantIt seems that the idea of a pure electric car is a step backwards, not forwards. I remember back in the late 90’s/early 2000’s a few companies tried to build electric cars (Saturn and Honda I believe) which eventually failed and gave way to hybrids. What exactly does Tesla think they can do differently to overcome the negative aspects of electric cars?
Also personally I think the Tesla roadster is ugly compared to it’s Lotus counterpart. No way I’d pay over 100k for one. Maybe I’d pay $20k at the most.
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