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Any Tesla owners here?


WVU
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You never learned the lesson of the turtle and the hare apparently.

 

I'm sure plenty of Kia's were driving past you when you were waiting for someone to help you change your tire like an elderly lady.

lol I was in the house having cocktails.  There are no Kias in my neighborhood.  I don't live in poverty

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  • 4 weeks later...

Looks like Musk is getting increasingly desperate, and crazier than ever. Musk is now trying to raise cash through debt and stock offerings, since they're bleeding cash.

 

  Tesla's mkt cap is about $40 billion, he said today on a call to investors that because of the self Driving cars(that are currently killing people), Tesla will soon be worth 1/2 a trillion, which would put it's shares at about $2000.  Crazy, but you never know.

 

But this statement tops the whole shebang, he said that tesla cars will soon start increasing in value, yes, their used cars, he said that a typical used Tesla will soon be worth $250 K each.  :laugh

 

Quite a trick considering that they'll still be selling brand new ones for $45K?

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More strange news from Tesla.

There's some good news for employees of Tesla that haven't yet been laid off, and are burning the midnight oil working tirelessly for their visionary leader Tony Stark Elon Musk: the company is now offering them personal loans that can be paid back directly from their paychecks, according to CNBC

As if going into the insurance business (please clap) wasn't enough of a pivot for Tesla of late, the company is now also apparently going to try its hand in loansharking... to its own employees. The loans will be facilitated through London-based fintech start-up Salary Finance, and funded via its partner Axos Bank.

The plan is being pitched as a way for employees to "borrow money at relatively affordable rates", where the key word, of course, is relatively.

Salary Finance is in the business of letting workers borrow up to 20% of their salary and pay it back at rates under 5%, although the "under" tends to be loose. Tesla is referring to this plan as a "financial well being" benefit, as if charging employees 5% interest is somehow a convenience. Though, it doesn't surprise us entirely that a company with over $11 billion in debt is following this line of logic. 

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Tesla says that the plan is a way for employees to "handle their debt and expenses without turning to higher-cost alternatives like a 401k loan, credit cards with a high annual percentage rate, or traditional payday loans." Cynics have seen right through these explanations, and believe this is a way for the company to avoid its employees being "forced" to liquidate their TSLA stock, especially as it drops ever lower, and subjects an increase number of them to margin calls.

Current employees, however, don't seem to excited about the idea.

CNBC spoke to three employees who said that they view employee loans as a "band-aid". Maybe Tesla should promote these three employees to their accounting department for a couple days - sounds like they may be able to clean up some of the company's finances. Instead, employees are only asking for the basics: "more predictable income from a set, 40 hour work week" as Tesla is notorious for asking its employees to change hours, change departments and change schedules on the fly:

In recent weeks, for example, Tesla sent workers home early from their shifts after glitches at the Fremont car plant. In the production line under the tent at the site,
conveyors have broken down at the point where cars are carried forward for “battery marriage,”
where workers install heavy battery packs into the Model 3 sedans and join two halves of the cars together. Inside the main building, there have been troubles with camera calibration, where employees test the in-vehicle cameras on a Model 3 to make sure they are working properly in concert with sensors to enable Tesla’s semi-autonomous-driving features.

Tesla also told some workers not to come in to work at the Gigafactory during what employees described as unexpected maintenance and cleaning.

Six additional employees said that raises and bonuses typically "don’t cover cost-of-living increases." Other employees said that the company caps raises at about 2%, even for those with the best performance ratings by their managers. One employee recalled getting an annual raise of less than 1% and three shares of stock as a bonus after a year of "good, but not spectacular" performance. 

Social media seems to be enjoyin

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  • 4 months later...

8300 miles on the Tesla now and $1000 saved in energy costs. Great car.

 

A similar sized car would get probably 30 mpg.  8,300/30 = 276 gallons of gas.  Gas in the Hollywood, FL area right now is in the $2.30's.  And I doubt it's been a whole lot higher than that while you've owned the car.  But let's go with a $2.50 figure.

 

276 x $2.50 = $690.  And you haven't even figured in the energy cost to charge your Tesla for 8,300 miles.   

 

Looks like you are cooking the books WVU. 

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Barely beat me to it.  My numbers are more realistic though. 

By me, gas is in the $2.40s now, I filled up in sioux falls yesterday for $2.25. I'm sure that Tesla is a fine car, but bragging about fake savings is not correct. You want a tesla, buy one, but dont pretend you're really saving anything, you are not when you factor in the $15K+ extra you spent on the car.

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A similar sized car would get probably 30 mpg.  8,300/30 = 276 gallons of gas.  Gas in the Hollywood, FL area right now is in the $2.30's.  And I doubt it's been a whole lot higher than that while you've owned the car.  But let's go with a $2.50 figure.

 

276 x $2.50 = $690.  And you haven't even figured in the energy cost to charge your Tesla for 8,300 miles.   

 

Looks like you are cooking the books WVU. 

I like you're numbers, but i would compare that Tesla to a Prius(because it's for echo snobs), they get 40-50 MPG.

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