The Independent Voice of West Indies Cricket

Message Board Archives

Tesla posts £468m loss

 
djdrastic 2017-11-04 13:29:36 

All is not well in Muskland

Tesla lost $619m (£468m) in Q3 of 2017 and built only 260 of its 1500 Model 3 production target

 
nickoutr 2017-11-04 13:32:04 

In reply to djdrastic
did you put a down payment on the tesla?

 
djdrastic 2017-11-04 13:39:15 

In reply to nickoutr

Nah not yet.The technology doesn't really suit South Africa's distances between cities.

The tech would have to improve substantially to be viable over here I think.Would consider a hybrid as a next purchase if there are subsidies/grants involved though a turbodiesel or small turbo petrol 4 still makes much more sense at this stage.

 
bravos 2017-11-04 14:39:36 

Expected at this time of their development,a lot is being spent on R&D.

Don't forget Tesla repaid the multi billion govt loan in record time btw.