MmFmM Wrote:
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> Gerrymanderer2 Wrote:
> --------------------------------------------------
> -----
> > I know when you got close to 300k orders in 48
> > hours the rest is just logistics.
>
>
> Oh yeah, it's just "logistics."
>
> What don't you understand about:
>
>
Quote
> So let's say that Tesla manages to book sales on
> something like 300,000 Model 3's by 2018-2019, by
> delivering them all to customers. If Tesla can
> make $5,000 a vehicle, higher than what is typical
> for midsize sedans, then the company will make
> about $1.5 billion.
>
> Tesla really needs to do better than this. Its
> cash burn is now something on the order of $400
> million a quarter, according to The Wall Street
> Journal, and with $1.2 billion in cash on the
> balance sheet as of the fourth quarter of 2015, it
> can't sustain that burn rate for an entire year.
>
> The Model 3 preorder (those 300,000 bookings all
> come with a $1,000 deposit for a total of about
> $300 million raised so far), however, will buy it
> an extra quarter, at that rate.
>
>
> So since I know you don't understand any of that
> let me translate into idiot for you...
>
> If they sell and actually deliver ALL of those
> cars and manage to pull out $5,000/car in profit
> for each (more than expected), that will carry the
> company for about 3 months at the rate that
> they're currently burning money.
^ Correction. Typed that wrong.
The profit on actual delivery of all of those vehicle will buy them about 1 year.
The deposits will carry them for about 1 quarter.