Is Ineos in financial woes?

[Tazzieman]

Donald Duck confidently stated 3 days ago Iran would attack Israel.
He heard a rumour...and stoked another fake fire

 

[karoja]

I love the car, don't get me wrong, and I wish very much for it to succeed in its current 2 versions and see it grow in the future. It was never my intention of starting a rumor (which is going around, thats why the question), just legitimate concern. Hope it’s not true.

 

[Baron von Teuchter]

Always remember, you don’t pay tax on losses.

 

[Eric]

Always remember, you don’t pay tax on losses.

Your new government is working on it though

 

[255/85]

It was never my intention of starting a rumor (which is going around, thats why the question),

But you're the only one that's heard a rumor so...

Just sayin'.

 

[Zimm]

This is right - people forget that it took Tesla 12ish years of losses before it saw its first dollar in profit. Its hard to start a new car company from scratch. There will always be people that say that XYZ start-up is losing $300K per car it sells, because they are dividing the initial investment cost among the few units sold in a particular year. That is as logical as someone spending $500K to open a pub and then a financial genius saying, "During the first hour after being open, the Quartermaster pub sold 10 pints which represents and astonishing loss of $50K per pint."

Elon Musk owes his entire existence to government subsidies Ineos is never going to get, so I don't think Tesla is the best analogy. No one is going to give Jim a 7500 dollar check for selling a gas hog. This here situation will be decided on pure uncut raw consumer demand.

 

[Mountain4x4]

If these shitty EV companies are taking so many years to go BK, I doubt Ineos will. And as so many others wreck their rigs staring at our rigs going to down the highway they will end up buying more and more of them. The 2.9% financing with integrated branding through a finance company was pretty smart. At first I was like, oh they must be desperate. But I given the level of development and integration, I think it was a well done smart move. Just as an example.