Guess What? Everyone Was Wrong About Tesla

Flags fly outside of a Tesla Inc. building in Fremont, California, US, on Wednesday, June 20, 2018. Tesla CEO Elon Musk said the company needed another General assembly line to reach its production targets for the Model 3 vehicle. " A new building was impossible, so we built a giant tent in 2 weeks, " Musk said on Twitter. Photographer: David Paul Morris / Bloomberg [1[ads1]9659002] Pretty much everything has been said about Tesla: it was selling vehicles at a loss and would never be able to make them under the right conditions and fast enough, that its founder was crazy and would lead the company to ruin, while One industry veteran acclaimed the Model S, calling on car collectors to buy one "before the company goes belly up." But this quarter, Tesla has not only made tons of money, boosting its share price and giving the NASDAQ its best day in months but has a lso fulfilled its production and distribution objectives, showing every sign of staying in the black at least until it has to pay interest on loans in the first quarter of next year.

For once, this third quarter The company has found a stable way to generate profits . What's more, Tesla is no longer a industry quirk: many have laughed at its production difficulties, grossly underestimating the achievement of moving from a standing start to mass producing 80,000 vehicles per quarter but the company is now outselling Porsche Mercedes Benz and BMW making it the best-selling domestically-made car in the United States and more with a model that while expensive is more advanced technologically as well as cheaper and much safer to run its internal combustion powered competitors.

This quarter's spectacular Resultaten hebben confounded de analysts' prognoses, waarbij we wat een paar van ons hebben gezegd voor een tijdje nu, dat weinig in de automobielindustrie en zijn zogenaamde experts weinig begrijpen het strategische visie van een bedrijf dat bereid is om risico's te nemen om de wereld te veranderen. Virtually everyone was wrong about Tesla's finances and its future and many analysts are now scratching their heads trying to understand what happened while still making recommendations of questionable credibility . For one thing, most analysts simply can not get their head around the idea that a company's customers would volunteer to help distribute its vehicles, contributing to a project they consider themselves part of. Elon Musk will doubtless be basking in the warm glow of his "I told you so" triumph, because he does understand that people want to be part of a project that is not about selling cars, but changing the world.

Understanding a business model like Tesla's means understanding that the biggest difficulties are not necessarily the ones you imagine. Tesla has shown that difficult challenges can be overcome, as many other companies have done before. Det har vist at det er mulig å designe langsiktige strategier og implementere dem vellykket, selv om det betyr at man skal høre baseløse nonsens fra folk som ikke forstår hva det er. For eksempel, at virksomheten var feil ikke at lokalisere i Kina, at dets produksjonskostnader var uholdbare og ville drive it out of business . Yet Tesla's assembly line is now making progressive savings as production increases, and next year, depending on global demand, it could even consider moving a part of its manufacturing to China : now, not before.

Meanwhile , het bedrijf heeft een winstmarge op elke Model 3, het is nu ongeveer 20%, goed boven het industriegemiddelde in zijn segment, en over het algemeen zijn de vooruitzichten voor groei en winstgevendheid nu niet alleen geloofwaardig, maar waarschijnlijk, ongeacht of het geloof in sommige quarters that musk is crazy. The world would be a better place with a few more crazy people like him in positions of leadership.

The best thing about all this is that we are not even talking about an automotive company here. Sure, terwijl sommige nog steeds aan het stellen van Tesla als een autofabrikant en nu begrudgingly accepteert dat het niet doet te slecht dankzij zijn roadkaart, blijkt dat de prijs van batterijen blijft vallen, dat de vraag naar zonne-energie installaties groeit als meer og flere batterier er produceret og solgt ikke bare for biler, men for boliger og lagringsanlæg, og at hey presto, selskapet har mirakuløst fundet sig i et af de fastest voksende sektorer, da bevisene viser at langvarige miljøhensyn er fullt rettet . Suddenly, it turns out there are many years of hard work behind Tesla's overnight success .

In other words, people who say it can not be done should stop interrupting those who are doing it .

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Pretty much everything has been said about Tesla: it was selling vehicles at a loss and would never be able to make them under the right conditions and fast enough, that its founder was crazy and would lead the company to ruin, while one industry veteran acclaimed the Model S, calling on car collectors to buy one " before the company goes belly up. "But this quarter, Tesla has not only made tons of money, boosting its share price and giving NASDAQ its best day in months, but has also fulfilled its production and distribution goals, showing every sign of staying in the black, at least

For en gang, dette tredje kvartal synes ikke at være den undtagelse: alt tyder på at selskapet har funnet en stabil måte å generere overskudd. What's more, Tesla is no longer a industry quirk: many have laughed at its production difficulties, grossly underestimating the achievement of moving from a standing start to mass producing 80,000 vehicles per quarter, but the company is now outselling Porsche, Mercedes Benz and BMW, making it the best-selling domestically-made car in the United States, and what's more with a model that while expensive, is more advanced technologically, as well as cheaper and much safer to run its internal combustion-driven competitors.

This Kvartals spektakulære resultater har forstyrret analytikernes prognoser, og det viser at noen av oss har sagt for en stund nå, at få i bilindustrien og de såkalte eksperter, få forstår det strategiske syn på et selskap som er forberedt på å ta risiko for å endre world. Virtually everyone was wrong about Tesla's finances and its future, and many analysts are now scratching their heads trying to understand what happened while still making recommendations of questionable credibility. For one thing, most analysts simply can not get their head around the idea that a company's customers would volunteer to help distribute its vehicles, contributing to a project they consider themselves part of. Elon Musk will doubtless be basking in the warm glow of his "I told you so" triumph, because he does understand that people want to be part of a project that's about selling cars, but changing the world.

Understanding a business model like Tesla's means understanding that the biggest difficulties are not necessarily the ones you imagine. Tesla has shown that difficult challenges can be overcome, as many other companies have done before. Det har vist at det er mulig å designe langsiktige strategier og implementere dem vellykket, selv om det betyr at man skal høre baseløse nonsens fra folk som ikke forstår hva det er. For eksempel, at virksomheten var feil ikke at lokalisere i Kina, at dets produksjonskostnader var uholdbare og ville drive det ud af virksomheden. Yet Tesla's assembly line is now making progressive savings as production increases, and next year, depending on global demand, it could even consider moving a part of its manufacturing to China: now, not before.

Meanwhile, the company's profit margin on Every Model 3 it sells is now around 20%, well above the industry average in its segment, and overnight its prospects for growth and profitability now seem not only credible, but probable, regardless of the belief in some quarters that Musk is crazy. The world would be a better place with a few more crazy people like him in positions of leadership.

The best thing about all this is that we are not even talking about an automotive company here. Sure, terwijl sommige nog steeds aan het stellen van Tesla als een autofabrikant en nu begrudgingly accepteert dat het niet doet te slecht dankzij zijn roadkaart, blijkt dat de prijs van batterijen blijft vallen, dat de vraag naar zonne-energie installaties groeit als meer og flere batterier er produceret og solgt ikke bare for biler, men for boliger og lagringsanlæg, og at hey presto, selskapet har mirakuløst fundet sig i et af de fastest voksende sektorer, da bevisene viser at langvarige miljøhensyn er fullt rettet . Suddenly, it turns out there are many years of hard work behind Tesla's overnight success.

In other words, people who say it can not be done should stop interrupting those who are doing it.