Originally Posted by Lady Fitzgerald
I missed that the frst time I read it. That figure was from "...an analysis published in ACS Energy Letters recently suggested that such a vehicle capable of covering 600 miles would need a battery pack that costs as much as $400,000...". It doesn't say how they arrived at that figure. Also, Musk is claiming only 500 miles, not 600.
Musk was claiming 500 miles in worst case. It supposed gets more in a regular use case.
Originally Posted by BobiBolivia
If you buy regular Roadster, deposit is only 50 000 $ and I assume it will be refundable.
And what exactly starts to look like Ponzi scheme ?
Tesla is using deposit money to finance their company. This makes getting a refund significantly more difficult.
How it resembles a ponzi scheme is Tesla is getting a huge amount of the investments of the company through these deposits, government incentives and issuing new stock, but the company itself is making very little to no money. This in turn is causing the company to lose hundreds of millions to billions of dollars. It is not sustainable unless they get more and more investment which is similar to a ponzi scheme.
If you want that deposit back, you won't get it back immediately because that money has long been spent. It will be through more investment through other investors or deposits. This is why it would be safer if deposits were put in an escrow account.
Not exactly a ponzi scheme, but Tesla operations cashflow is too reliant on outside investment rather than generating real revenue from within the company selling things.