[DeTomaso] NPC: Tesla Car Assembly...

[doug351c]

Tesla is flat out lying on its financial statements.  It uses non-GAAP
accounting to get away with claiming they made a profit by selling
regulatory credits to other car makers.  I wouldn't touch their cars or
their stock with a 10 foot pole.

Doug

-----Original Message-----
From: DeTomaso [mailto:detomaso-bounces at poca.com]On Behalf Of
Christopher Kimball
Sent: Saturday, June 28, 2014 8:52 AM
To: Mike Thomas
Cc: De Tomaso List
Subject: Re: [DeTomaso] NPC: Tesla Car Assembly...


At Rotary yesterday the speaker was from BMW.  He was talking about their
new electric car, and the subject of Tesla came up.  His opinion was that
Tesla wasn't a large enough company to be viable on it's own, and that
Mercedes might buy it; this would also help Mercedes get their average MPG
figures down to meet the coming CAFE standards.  He said that currently,
Mercedes is way over the requirements and could be facing large fines when
the new regulations take effect.

I'm not sure if he is accurate, but it was interesting.

Chris

On Jun 28, 2014, at 8:11 AM, "Mike Thomas" <mbefthomas at comcast.net> wrote:

>   You may have seen this one before, but it's still fascinating.  Looking
>   forward to the next model, the SUV.  Should come out just about the
>   time we'll be looking for a replacement.  Economies of scale should
>   start making the price more attainable by then as well.
>
>   Mike Thomas

>   Subject: Tesla Car Assembly...
>
>   Tesla Car Assembly...
>
>
>   Henry Ford would not believe the present-day assembly line.
>
>   Tesla Motors is an electric car company, out of San Diego, bent on
>   turning the automotive motive industry upside down, both here in the
>   US, and world wide. The company was founded by Elon Musk (born 28 June
>   1971) is a South African-born Canadian-American business magnate,
>   investor and inventor. He is currently the CEO & CTO of [1]SpaceX and
>   CEO & Chief Product Architect of [2]Tesla Motors. He is the founder of
>   multiple companies, most notably SpaceX, [3]PayPal, and Tesla Motors.
>
>    [4]http://www.youtube.com/embed/8_lfxPI5ObM?rel=0
>
> References
>
>   1. http://en.wikipedia.org/wiki/SpaceX
>   2. http://en.wikipedia.org/wiki/Tesla_Motors
>   3. http://en.wikipedia.org/wiki/PayPal
>   4. http://www.youtube.com/embed/8_lfxPI5ObM?rel=0
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