Tesla close to Downey deal, mayor says

Tesla close to Downey deal, mayor says

There are 49 comments on the Long Beach Press-Telegram story from Nov 23, 2009, titled Tesla close to Downey deal, mayor says. In it, Long Beach Press-Telegram reports that:

A man takes a photo of the new Tesla Model S all-electric sedan at the car's unveiling in Hawthorne in March.

Join the discussion below, or Read more at Long Beach Press-Telegram.

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downeyres

Bellflower, CA

#51 Nov 25, 2009
Well... Tesla has delivered roughly 700 cars to customers as of August 2009. The vast majority of customer deliveries so far have been in the United States. The company began shipping cars to European customers in the summer of 2009 and expects to increase deliveries to the EU significantly in the third quarter
Enough wrote:
If Tesla ever makes one car I'll be surprised. They have no concept of what the market wants now and who will pay for it. And they have tough competition. Nissan is bringing an all electric Infiniti to the U.S. and it'll likely cost a lot less than the Tesla model. BMW is looking at alternative fuel vehicles too. Both those are established companies with good reputations that will be targeting the same demographic with their established manufacturing facilities and dealer networks. Makes the road ahead look tougher for Tesla and then manufacture in California? The highest manufacturing cost state in the U.S. Tesla may not be too smart after all.
The real deal

Long Beach, CA

#52 Nov 25, 2009
Time for Downey to rename Clark Ave / Columbia Way to Tesla Way...
James Roberts

Long Beach, CA

#53 Nov 25, 2009
Downey residents are very fortunate. Believe it or not, there was a time when Long Beach leaders might have cared about Long Beach families. Even Democrats! Those were the days.
DODGERS55

Bellflower, CA

#54 Nov 25, 2009
There is a Vultee Ave too, one of the first to use the property. Seems like if a company or person makes a big impact on a community, the natural thing would be to recognize it in the geographical nomenclature. How else do they come up with street names? Pick them out of a hat?!
Enough

Lake Elsinore, CA

#55 Nov 26, 2009
downeyres wrote:
Well... Tesla has delivered roughly 700 cars to customers as of August 2009. The vast majority of customer deliveries so far have been in the United States. The company began shipping cars to European customers in the summer of 2009 and expects to increase deliveries to the EU significantly in the third quarter
<quoted text>
700 is not a lot in the car business. And that volume will not support a factory with high fixed costs. How much cash will it take to outfit the factory and then train the work force and get all the material needed in place? A LOT!
This is an idea looking for a place to fail. The competition will be real stiff in three years. Remember DeLorean said the same thing!
DODGERS55

Bellflower, CA

#56 Nov 26, 2009
Are u a businessman with the inside scoop or something? I think the fact is that they already have the cash in place, its a 450 million dollar low interest loan from the Dept of Energy. They definitely don't seem to be short on capitol. Yes 700 cars isnt much if you compare them to the bigger and sometimes unprofitable car companies, but they are a start-up, what matters is that they are already turning profit. A lot of the details on costs on such have been published in other articles. Unfortunately it's not a public company yet, so people don't have too many specific details, but apparently that is coming.

Volume will come when they have a factory in place which is what the loan is intended to do. It's always a gamble of course, but with the attitude you have no one would ever go into business because it's too risky.
Enough wrote:
<quoted text>
700 is not a lot in the car business. And that volume will not support a factory with high fixed costs. How much cash will it take to outfit the factory and then train the work force and get all the material needed in place? A LOT!
This is an idea looking for a place to fail. The competition will be real stiff in three years. Remember DeLorean said the same thing!
Kennebreath

Long Beach, CA

#57 Nov 26, 2009
Some really good information and debate on this thread, which doesn't often happen on the PT comments section...good job people.
Foster Out

Hawaiian Gardens, CA

#58 Nov 26, 2009
Hey, in the end, Foster and City management couldn't close the deal. Jobs are jobs, especially in these times. Must suck to live where the leadership has failed.

Congrats to Downey.
Ed Solis

Long Beach, CA

#59 Nov 27, 2009
We knew that Foster and the Council were far left lunes when we elected them. Many who support the Left in Long Beach are not self destructive imbecilies. Many just don't pay attention.

In either case, we are too stupid to make rational political choices and it is only logical that we will continue our steady decline by most every available measure.

Ignorance is NOT bliss. Ignorance on the level of LB voters could ONLY lead to Civic suicide.

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