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Tesla Inc TSLA

Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. The Company's segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty after-sales vehicle services, body shop and parts, paid supercharging, vehicle insurance and retail merchandise. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. The energy generation and storage segment includes the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its lithium-ion battery energy storage products include Powerwall and Megapack.


NDAQ:TSLA - Post by User

Bullboard Posts
Post by xauxag9on Jan 04, 2018 8:10am
83 Views
Post# 27278170

Ontario is burning taxpayers' money

Ontario is burning taxpayers' moneyWynn continues to give our tax revenue away to Tesla, all in pursuit of their environmental radical ideology. Governments that attempt to pick winners and losers in the economy will experience the same fate as all governments before them - a misallocation of resources. More government involvement in the energy sector is synonymous with putting tax payers money in a barrel and setting it on fire. Tesla continues to burn cash as well, and creditors will demand more onerous covenants for their next debt issue. At some point. Tesla will have to generate some cash flow, a challenging feat, especially with the expected rise in new entrants into the electric car market.
Bullboard Posts