Tesla IPO

[SmellsFeeshy]

It 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.

[jpinpb]

Well, I for one wish I would’ve tossed a few dollars and bought some stock.

Tesla Motors (TSLA) zoomed out of the gate Tuesday, closing at $23.89 per share, 40.5% above its $17 offer price on its first day of public trading.

Tesla IPO soars on investor enthusiasm

[jpinpb]

Well, I for one wish I would’ve tossed a few dollars and bought some stock.

Tesla Motors (TSLA) zoomed out of the gate Tuesday, closing at $23.89 per share, 40.5% above its $17 offer price on its first day of public trading.

Tesla IPO soars on investor enthusiasm

[jpinpb]

Well, I for one wish I would’ve tossed a few dollars and bought some stock.

Tesla Motors (TSLA) zoomed out of the gate Tuesday, closing at $23.89 per share, 40.5% above its $17 offer price on its first day of public trading.

Tesla IPO soars on investor enthusiasm

[jpinpb]

Well, I for one wish I would’ve tossed a few dollars and bought some stock.

Tesla Motors (TSLA) zoomed out of the gate Tuesday, closing at $23.89 per share, 40.5% above its $17 offer price on its first day of public trading.

Tesla IPO soars on investor enthusiasm

[jpinpb]

Well, I for one wish I would’ve tossed a few dollars and bought some stock.

Tesla Motors (TSLA) zoomed out of the gate Tuesday, closing at $23.89 per share, 40.5% above its $17 offer price on its first day of public trading.

Tesla IPO soars on investor enthusiasm

[Coronita]

[quote=jpinpb]Well, I for one wish I would’ve tossed a few dollars and bought some stock.

Tesla Motors (TSLA) zoomed out of the gate Tuesday, closing at $23.89 per share, 40.5% above its $17 offer price on its first day of public trading.

Tesla IPO soars on investor enthusiasm[/quote]

First off, unless you were an insider, I doubt you would have gotten shares after the fact anywhere near $17. So you would have end up buying near $23.

Second, this company has yet to prove it can be profitable. Hell, buyers of their roadsters would be leery of getting their money back IF they go belly up. And the deposits are pretty sizeable closer to production. There had been some rumors perculating that Tesla was using customer’s deposits on cars to fund day to day expenses to keep it afloat, which is a big no no (again, can you say Tucker).

Third, it most likely won’t be profitable for some time. Unlike high flyer .dot.com, this it’s going to take a lot of capital just to get the first products out the door. It’s going to take a bunch of money to get a vehicle passed through all the federal regulations (The Roadster got an exemption, otherwise it wouldnt have passed through completely otherwise).

Forth, insiders have and are going to be selling like mad after the lockout window…Particularly, Mr. Musk…because he needs the money..The story goes he’s close to broke before this IPO, borrowing money from friends, and he’s going through a divorce right now, and funding Space X (which also isn’t profitable)….So this dude will be selling.

[Coronita]

[quote=jpinpb]Well, I for one wish I would’ve tossed a few dollars and bought some stock.

Tesla Motors (TSLA) zoomed out of the gate Tuesday, closing at $23.89 per share, 40.5% above its $17 offer price on its first day of public trading.

Tesla IPO soars on investor enthusiasm[/quote]

First off, unless you were an insider, I doubt you would have gotten shares after the fact anywhere near $17. So you would have end up buying near $23.

Second, this company has yet to prove it can be profitable. Hell, buyers of their roadsters would be leery of getting their money back IF they go belly up. And the deposits are pretty sizeable closer to production. There had been some rumors perculating that Tesla was using customer’s deposits on cars to fund day to day expenses to keep it afloat, which is a big no no (again, can you say Tucker).

Third, it most likely won’t be profitable for some time. Unlike high flyer .dot.com, this it’s going to take a lot of capital just to get the first products out the door. It’s going to take a bunch of money to get a vehicle passed through all the federal regulations (The Roadster got an exemption, otherwise it wouldnt have passed through completely otherwise).

Forth, insiders have and are going to be selling like mad after the lockout window…Particularly, Mr. Musk…because he needs the money..The story goes he’s close to broke before this IPO, borrowing money from friends, and he’s going through a divorce right now, and funding Space X (which also isn’t profitable)….So this dude will be selling.

[Coronita]

[quote=jpinpb]Well, I for one wish I would’ve tossed a few dollars and bought some stock.

Tesla Motors (TSLA) zoomed out of the gate Tuesday, closing at $23.89 per share, 40.5% above its $17 offer price on its first day of public trading.

Tesla IPO soars on investor enthusiasm[/quote]

First off, unless you were an insider, I doubt you would have gotten shares after the fact anywhere near $17. So you would have end up buying near $23.

Second, this company has yet to prove it can be profitable. Hell, buyers of their roadsters would be leery of getting their money back IF they go belly up. And the deposits are pretty sizeable closer to production. There had been some rumors perculating that Tesla was using customer’s deposits on cars to fund day to day expenses to keep it afloat, which is a big no no (again, can you say Tucker).

Third, it most likely won’t be profitable for some time. Unlike high flyer .dot.com, this it’s going to take a lot of capital just to get the first products out the door. It’s going to take a bunch of money to get a vehicle passed through all the federal regulations (The Roadster got an exemption, otherwise it wouldnt have passed through completely otherwise).

Forth, insiders have and are going to be selling like mad after the lockout window…Particularly, Mr. Musk…because he needs the money..The story goes he’s close to broke before this IPO, borrowing money from friends, and he’s going through a divorce right now, and funding Space X (which also isn’t profitable)….So this dude will be selling.

[Coronita]

[quote=jpinpb]Well, I for one wish I would’ve tossed a few dollars and bought some stock.

Tesla Motors (TSLA) zoomed out of the gate Tuesday, closing at $23.89 per share, 40.5% above its $17 offer price on its first day of public trading.

Tesla IPO soars on investor enthusiasm[/quote]

First off, unless you were an insider, I doubt you would have gotten shares after the fact anywhere near $17. So you would have end up buying near $23.

Second, this company has yet to prove it can be profitable. Hell, buyers of their roadsters would be leery of getting their money back IF they go belly up. And the deposits are pretty sizeable closer to production. There had been some rumors perculating that Tesla was using customer’s deposits on cars to fund day to day expenses to keep it afloat, which is a big no no (again, can you say Tucker).

Third, it most likely won’t be profitable for some time. Unlike high flyer .dot.com, this it’s going to take a lot of capital just to get the first products out the door. It’s going to take a bunch of money to get a vehicle passed through all the federal regulations (The Roadster got an exemption, otherwise it wouldnt have passed through completely otherwise).

Forth, insiders have and are going to be selling like mad after the lockout window…Particularly, Mr. Musk…because he needs the money..The story goes he’s close to broke before this IPO, borrowing money from friends, and he’s going through a divorce right now, and funding Space X (which also isn’t profitable)….So this dude will be selling.

[Coronita]

[quote=jpinpb]Well, I for one wish I would’ve tossed a few dollars and bought some stock.

Tesla Motors (TSLA) zoomed out of the gate Tuesday, closing at $23.89 per share, 40.5% above its $17 offer price on its first day of public trading.

Tesla IPO soars on investor enthusiasm[/quote]

First off, unless you were an insider, I doubt you would have gotten shares after the fact anywhere near $17. So you would have end up buying near $23.

Second, this company has yet to prove it can be profitable. Hell, buyers of their roadsters would be leery of getting their money back IF they go belly up. And the deposits are pretty sizeable closer to production. There had been some rumors perculating that Tesla was using customer’s deposits on cars to fund day to day expenses to keep it afloat, which is a big no no (again, can you say Tucker).

Third, it most likely won’t be profitable for some time. Unlike high flyer .dot.com, this it’s going to take a lot of capital just to get the first products out the door. It’s going to take a bunch of money to get a vehicle passed through all the federal regulations (The Roadster got an exemption, otherwise it wouldnt have passed through completely otherwise).

Forth, insiders have and are going to be selling like mad after the lockout window…Particularly, Mr. Musk…because he needs the money..The story goes he’s close to broke before this IPO, borrowing money from friends, and he’s going through a divorce right now, and funding Space X (which also isn’t profitable)….So this dude will be selling.

[jpinpb]

Thanks, flu, for your investigative info. I feel better now. And I did hear the guy is going through a divorce and is broke, but I also understood he’s only making something like 200k a month, or some such thing. So I guess “broke” is relative. Who would’ve thought.

I’d have to agree w/you. Gonna be difficult for Tesla to take off. Toyota has a lot on its plate right now. They may take it under.

[jpinpb]

Thanks, flu, for your investigative info. I feel better now. And I did hear the guy is going through a divorce and is broke, but I also understood he’s only making something like 200k a month, or some such thing. So I guess “broke” is relative. Who would’ve thought.

I’d have to agree w/you. Gonna be difficult for Tesla to take off. Toyota has a lot on its plate right now. They may take it under.

[jpinpb]

Thanks, flu, for your investigative info. I feel better now. And I did hear the guy is going through a divorce and is broke, but I also understood he’s only making something like 200k a month, or some such thing. So I guess “broke” is relative. Who would’ve thought.

I’d have to agree w/you. Gonna be difficult for Tesla to take off. Toyota has a lot on its plate right now. They may take it under.

[jpinpb]

Thanks, flu, for your investigative info. I feel better now. And I did hear the guy is going through a divorce and is broke, but I also understood he’s only making something like 200k a month, or some such thing. So I guess “broke” is relative. Who would’ve thought.

I’d have to agree w/you. Gonna be difficult for Tesla to take off. Toyota has a lot on its plate right now. They may take it under.

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