business

Tesla reports 'historic' profitable quarter

7 Comments
By SAUL LOEB

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© 2018 AFP

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7 Comments
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A lot of people are gunning to see this company fail including but certainly not limited to, some foreign entities. Despite many obstacles, this company manages to defy the odds and be the first significant new auto maker in the US since GMC in 1926.

The Teslas (S, X, 3) excel in mileage for EV cars, pushing all US and foreign auto makers to up their game which, considering the very real global warming, benefits the planet. Some time ago I vowed to have purchased my last internal combustion engine vehicle, and am looking for other ways to reduce my and my family's carbon footprint. Way to go, Musk.

1 ( +3 / -2 )

Menwhile over at Faraday Future salaries have been cut 20% VIA email.

https://www.theverge.com/2018/10/22/18009658/faraday-future-layoffs-salary-cut-jia-yt-evergrande

Tesla will make it.

Tesla Fukuoka however not making it. Still many consumers on the fence in Fukuoka. But the EV vehicles are picking up traction. Can no longer deny a demand for them. I agree with CrazyJoe here. Way to go Musk. Showing great Moxie.

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Tesla is growing in Japan, have seen several around town.

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When interest rates rise further Tesla will struggle.

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A friend bought a second-hand Tesla and was pleased to discover that he still got all the benefits which accrue to new car owners. Clever move, I thought, if you can actually find one. Tesla has all the imagination and ingredients to succeed, but at every step their rivals will not make the going easy for them.

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Is Tesla heading towards being the modern day "Ford" ? There's a lot of competition out there....

0 ( +0 / -0 )

The Electric car demand is raised when the Oil price was surging. How long?

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