1x Tsla Discussion Threads

[hosede] 03/4/2024 12:36

I suspect the rush to EVs has peaked and the move back to horses and carts - as suggested above - is much more likely.
We are facing two huge threats:
The global debt crisis which will dominate the next several decades and the much more serious climate crisis - which will decimate standards of living and probably also populations.
I can see history - if there is anyone left to write it - recording that privately owned motor cars were a feature of the second half of the twentieth and first half of the twentyfirst century and then largely died out

[inaminute] 03/4/2024 10:54

Starting to get a bit uncool saying you own a Tesla. Musk should keep his mouth shut or just talk about cars

[johnwise] 03/4/2024 08:22

VIDEO

Fox Business

Former Chrysler and Home Depot CEO Bob Nardelli on consumer expectations clashing with EV market results and the state of the U.S. economy.

Ex-Chrysler CEO warns EVs are ‘not going to make it’

[blusteradjuster] 02/4/2024 22:34

Being agnostic wrt the share price, all that actually matters is the cost-per-vehicle-sold.

I can understand those who think TSLA stock is overvalued - but those who think BEVs won’t wipe ICE vehicles off the map are delusional.

[johnwise] 02/4/2024 22:23

Tesla shares slump after posting 'ugly' set of global sales figures

Tesla has been facing intense competition in China from local players including BYD and new entrant Xiaomi

Tesla posted a global fall in quarterly deliveries for the first time in nearly four years and missed analysts' estimates, a performance some described as "ugly" as price cuts failed to stir up demand in a highly competitive market.

[dominiccummings] 29/3/2024 11:22

If only the elderly competition for Tesla could understand it is not simply an issue of a motor, or batteries, or body production, or sale online, or support online, or informatics. It's all of it, and they are doing it so poorly. Meanwhile Tesla improves each of the key areas making it harder to get traction on making up the difference.

[hosede] 29/3/2024 11:22

Amazing to me that anyone would want to go into making cars - of any kind!
There are so many complications and pitfalls, The competitors legion and the profits minute or non- existent.

[cfb2] 29/3/2024 10:18

Every manufacturer pits themselves against Tesla and BYD because they are the market leaders for EV cars. So Xiaomi, a Chinese mobile phone company, has launched their SU7 model car starting at $30k, which is about $4k cheaper than Tesla's model 3. The CEO says they will be selling each car at a loss. He says they are going to have a $80k variant of the model aimed at the Porsche Taycan.

Surprisingly easy to produce low volume of cars and sell them at a loss. CEO says at least 2-3 years before sold outside of China and expect to be in the top tier of car manufacturers in 10-15 years. CEO is a big fan of Tesla's FSD, commenting that it is the benchmark in autonomy.

GM also said they would pass Tesla in EV cars sales by 2025. Last year they produced around 2k cars compared to Tesla's 2m. All of GM's EV cars sell at a loss too.

[johnwise] 28/3/2024 06:33

Xiaomi: the Chinese smartphone giant taking on Tesla


Chinese smartphone maker Xiaomi is set to launch its first electric vehicle (EV) and begin taking orders on Thursday.

Its chief executive Lei Jun said this week that the Speed Ultra 7 (SU7) would be priced below 500,000 yuan ($69,186; £54,836).

The move will see the technology giant taking on rivals like Tesla and BYD.
The SU7, which Xiaomi has been teasing since last year, has drawn comparisons to Porsche's Taycan and Panamera sports car models.

It will be made by a unit of state-owned car manufacturer BAIC Group at a plant in Beijing that can produce as many as 200,000 vehicles a year.



VIDEO..Donald Trump: "I'll take jobs back from Communist China

[hosede] 25/3/2024 14:21

Cathy seems to be holding this up almost single handed at the moment! Dealers love to bump it up first thing in the morning to try and encourage buyers, but after a few muppets are sucked in, it always falls back.
EDIT
Cathy bought another 163k yesterday. It's difficult to compete - I don't have her fire power :-0

[juliemara] 18/3/2024 07:25

Save time and don't bother watching!

[johnwise] 18/3/2024 06:50

VIDEO

This New Engine Just Killed the Future of Electric Cars

[hosede] 17/3/2024 10:30

Yes net zero is a myth . it's looking very much like we have set in motion a process that can't now be stopped. The earths temperature will rise anything up to 20 degrees C and the polar icecaps will go.
It's happened several times before and will happen "quite quickly"
But in geological times "quite quickly" can mean anything from 300 to 10,000 years (or more).

[johnwise] 17/3/2024 09:54

Award-winning journalist & author, Peter Hitchens, exposes the Net Zero absurdity straight to the face of George Monbiot on BBC Question Time.

Uncomfortable Net Zero Truth Bombs Dropped on the BBC




Video: Mark Levin sussed the government scam
The truth about global warming


If Zero CO2 was ever achieved every tree on the planet would die
VIDEO: A Dearth of Carbon Dr. Patrick Moore


VIDEO:This is Why Heat Pumps May NOT Be The Future

[johnwise] 17/3/2024 06:01

As China's BYD floods Europe with cheap electric cars, can old-fashioned tariffs slam on the brakes?


A giant Chinese cargo ship lumbers down the West Coast of Africa before making its way around the Cape of Good Hope. The 'BYD Explorer 1' is returning from a potentially game-changing trade mission: to flood Europe with cheaper electric cars, and knock Tesla off its perch.

The 200-metre long vessel is two weeks into the return leg of its maiden voyage, having dropped off more than 5,000 vehicles at ports in the Netherlands, Germany and Belgium.


VIDEO.. Tariffs
Donald Trump: "I'll take jobs back from China, Mexico"

[dominiccummings] 17/3/2024 00:29

They do it equally as well as each other, some firms good some poor

[hosede] 16/3/2024 18:39

Dominic
So why are manufacturers so reluctant to point this out? Im afraid Johnwise is likely right!

[johnwise] 16/3/2024 16:57

VIDEO

My ELECTRIC CAR is now WORTHLESS EVen the DEALERSHIP doesn’t want it back!

EVs are DISPOSABLE JUNK!!

[dominiccummings] 16/3/2024 12:48

From the same article:
"Edmund King, the president of the AA, told The Telegraph that shorter-than-advertised EV ranges come as no surprise to the public.

Motorists, he said, know that driving style and weather conditions “can greatly affect range whether driving electric, petrol or diesel”.

“Most drivers are aware that the miles-per-gallon figures quoted for petrol and diesel cars fall short of real world driving by about 25 per cent,” said Mr King.

“Consumers should take these official figures with a pinch of salt as the most accurate test of charge or fuel efficiency is for drivers to take an extended test drive.”

[hosede] 16/3/2024 12:29

THen I found this:

Oh Dear! Naughty boys

[hosede] 16/3/2024 11:27

Some quotes from this quite long article :-

"Hertz Global Holdings Inc. plans to sell a third of its US electric vehicle fleet and reinvest in gas-powered cars due to weak demand and high repair costs for its battery-powered options.

The dramatic about-face, after Hertz announced plans in 2021 to buy 100,000 Tesla Inc. vehicles, underscores the waning demand for all-electric cars in the US. EV sales growth slowed sharply over the course of 2023, rising just 1.3% in the final quarter as consumers were put off by high costs and interest rates.

“The elevated costs associated with EVs persisted,” Hertz Chief Executive Officer Stephen Scherr said in an interview. “Efforts to wrestle it down proved to be more challenging.”

within its own operations to decide whether the company should buy more vehicles, Scherr said. That means its agreement to buy 175,000 EVs from General Motors Co. over the next four years and another 65,000 from Polestar may take much longer to complete, he said.”
....................................................
It certainly looks like the tide has turned

[hosede] 15/3/2024 22:50

Yes cars are LOW MARGIN BUSINESS - but no-one told Tesla Investors
Protectionism! Adding even more to America's already gargantuan debt!

[careful] 15/3/2024 20:01

China a big problem.
They are moving up the value chain.
China beginning make great high tech electric vehicles at much lower prices.

The only solution is blatant protectionism, high tariffs and waffle about national security or dumping.

Cars have always been low margin business, so many go bust, competition is ruthless.
Overcapacity.

The American manufacturers were baled out by the government in recent times.
We investors soon forget that we lost the lot in 2008 and during Covid, but we were baled out by the taxpayer. Immoral.

[hosede] 15/3/2024 18:42

But Cathy bought another 62k yesterday! Holding it up single handed.

[mauricemonkey] 15/3/2024 14:18

Nothing to do with the other auto companies. Growth here is non existent and the p/e is through the roof.
Tiiimmmmbbbbeerrrr!