Quote:
Originally Posted by grumpy
100 billion will not save them. No cars are sold. Why help a dead company. Let it go down. New ventures will start. Next generation cars wont come from Detroit but from Palo Alto.  |
hahahahahahahaha this is my favorite thing that people are saying. That some upstart company (ie tesla, whom i assume you are referring to) is going to save the car industry. Let's look at some facts
a) Tesla can't build a car for much less than $100k
b) Tesla doesn't know how to mass produce automobiles, yet a company like GM can sell, oh $190 Billion dollars worth of mass-prodiced cars
c) Tesla can't source a transmission for their car that lasts more than a few thousands miles. Electric motors have MASSIVe torque that is not rpm dependent, ie they shred the shit out of transmissions.
d) Try getting 1,000,000 sets of batteries in 1 year to mass produce electric cars.
It doesn't matter whether cars are electric or gas-egnine powered, they still have to be manufactured and assembled. Im sure Tesla has a cute 'factory' now, with lots of fancy silicon-value trimmings and what not, but they have no infrastructure to actually build cars.
Elon Musk can have all the money in the world, but he doesn't have the intellectual capital of about 250 combined years of mass producing cars. Tesla or any other start-up company will NEVER build 1,000,000 electric cars in one year, not without the help of a major automotive manufacturer. In fact, he has recently been poaching employees from the autmotive industry to help solve the massive manufacturing problems he's encountering. He's realizing that just becaue you founded paypal sold it to ebay, it doesn't make you the messiah of all business.