Video- Excerpt from Oracle ‘s ER Larry Ellison talking about Tesla and Elon

MitchJi

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Interesting excerpt from an Oracle ER with Larry Ellison talking about Tesla and Elon:
[Youtube]TXD3Xzk9Lmw[/Youtube]
 
Hillhater said:
Note how he is being very careful with word choice, and "economic with the truth " !
Highest REVENUE... ..not sales volume, or profitablity ?
More related to the M 3 price per unit , than any magical sales success.
Excuse me for asking but are you trolling or not very bright? Has to be one or the other.

By volume the M3 was number five, behind the Toyota Camry and Corolla and the Honda Civic and accord. Magical for a sedan in the US. Ford and GM can’t compete in the sedan market and Tesla is doing it with an EV. And blowing away the BMW M3 (for example) and every other luxery mid size sedan.
.
 
Bright enough to notice that he didnt mention the relative sales or profitability.
He used revenue to imply the M3 was the top dog financially, when infact it is still loss making .
(Tesla have previously stated they need a 5000/ week production rate to just break even....and they are not doing that yet)
Just another of Musks fan boys using selective information to help boost the stock value .
 
Hillhater said:
Bright enough to notice that he didnt mention the relative sales or profitability.
He used revenue to imply the M3 was the top dog financially, when infact it is still loss making .
(Tesla have previously stated they need a 5000/ week production rate to just break even....and they are not doing that yet)
Just another of Musks fan boys using selective information to help boost the stock value .
Still making a loss?! This was a hugely profitable quarter for Tesla!

There’s a third option instead of trolling or being dumb as a doorknob you could be extremely gullible. Getting all of your information from “alternate fact” news sites.

Fan boy because he invested above a billion dollars in TSLA? I think he’s a very shrewd investor.
 
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Best selling premium vehicle for the entire year and they started at a really low rate of production and are still ramping the production!

M3 in 2018 for Tesla was an epic success!
 
Double the sales of second place is very impressive and even more so being an EV. Doe these figures include pre-orders or just the cars actually built/delivered?
 
Punx0r said:
Double the sales of second place is very impressive and even more so being an EV. Doe these figures include pre-orders or just the cars actually built/delivered?
Tesla’s numbers are cars actually delivered which explains their usual end of quarter delivery push.

Hillhater:
They made a little over 20% profit on the M3 last quarter so to believe that they lost money this quarter due to lack of production when they produced more cars this quarter than last quarter and had another quarter to optimize production is like believing in the tooth fairy.
 
https://cleantechnica.com/2019/01/03/breaking-tesla-model-3-is-the-1-best-selling-car-in-usa-from-an-american-car-company/
BREAKING: Tesla Model 3 Is The #1 Best Selling Car In USA From An American Car Company

Sales numbers just came out from Ford, Honda, and Toyota. With those numbers and the Tesla sales numbers we received yesterday (along with a few simple estimates), we can see how the 5 top selling cars in the USA broke out in December 2018 and in the 4th quarter of 2018.

Overall, the Tesla Model 3 was the #4 top selling car in the USA in December and #5 in the 4th quarter.

The Tesla Model 3 was the only car from an American car company that was in the top 5 in both rankings, which also means it was the #1 top selling car in the US from an American car company.
 
Hillhater said:
Note how he is being very careful with word choice, and "economic with the truth " !
Highest REVENUE... ..not sales volume, or profitablity ?
More related to the M 3 price per unit , than any magical sales success.
Eh, if he stated sales volume you'd claim "Note how he is being very careful with word choice, and economic with the truth!
Highest SALES VOLUME... ..not revenue, or profitability?"

In ten years, when Tesla is leading the pack of EV manufacturers and making money hand over fist, you'll point out that all their color choices suck, their radios sound terrible and so they are a worthless company. Such is life.
 
But he couldnt state highest sales volume, or profitability.....because it would not be true !
So he has to quote something that sounds good (to the gulible), to make Tesla appear impressive, by quoting revenue... Which we both know is only part of the story..
..it means nothing in terms of sucessful business metrics.
 
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