1x Tsla Discussion Threads

[hosede] 10/6/2024 18:31

Whatever the figures, it isn't worth 45 x historic earnings. I wonder if Q2's sales will be much above 300k - but we will see
Are you aware that No-one has Ever made an above average return long term, buying a share at a PE above 30.
As someone above suggested, I expect the horse to make a big come back: .it runs on grass and with the hot wet weather that looks like being the future, there will be plenty of that!

[dominiccummings] 10/6/2024 18:20

Wait for the figures. All you are trying to do is talk the share price down, and it won't work.

[hosede] 10/6/2024 17:30

Dominic
You are kidding yourself: they are doing very badly at the moment - their cars simply aren't selling in economic numbers. The same is true for all EV makers except in China where I am guessing there are big incentives. Even there, it's small EVs that are the main sellers.

[dominiccummings] 10/6/2024 15:59

Tesla are doing nicely. You cannot talk a company into a fail! Ha ha ha for trying.

[hosede] 10/6/2024 12:33

Farmer
I think Tesla investors have already given up on EV sales - making cars has NEVER been a profitable enterprize anyway. Everything is hanging on FSD! Chance of success? My guess Ca 5% - comparable to Nuclear fusion .

[johnwise] 09/6/2024 21:06

VIDEO

Dealers CAN’T Sell EVs Anymore—Now They're DITCHING Them!

[iceagefarmer] 09/6/2024 14:53

time to short tesla to oblivion!

[iceagefarmer] 09/6/2024 14:52

tesla going bust soon..evs are over

VW takes €60 billion out of the EV budget and puts it back into combustion cars
Jo Nova
joannenova.com.au
Sat, 08 Jun 2024 03:14 UTC
EV Wreck
© joannenova.com.au
EV manufacturers are backing away slowly from the Great EV Debacle

The government commanded the EV bubble, but even with billions in subsidies, schemes and advertising the chemistry didn't obey. Somehow, even with legislation, the right discoveries didn't discover themselves on cue.

VW has decided to use one third of its EV development money to develop a better fuel car instead.

Hey, it's only 60,000 million Euro.
VW Will Spend Billions of Its EV Development Budget on Gas Engines

By: Adrian Padeanu, Motor1.com

Of the €180 billion ($196 billion) set aside in 2023 primarily for next-generation EVs, the German brand will now use one-third to continue the development of combustion engines. The announcement comes from Arno Antlitz, the Chief Financial Officer and Chief Operating Officer at the Volkswagen Group. The company intends to spend roughly €60 billion ($65 billion) to "keep our combustion cars competitive."

It's a stark departure from the previous plan announced in late 2022 to build and sell only electric cars in Europe from 2033.
Only a year ago Volkswagon was confident it could build a cheaper EV. But a month ago they reported a 20 percent fall in first quarter profits.

Meanwhile Australia joins the EU with footage of "EV Graveyards" collecting at Port Melbourne

Australia remains far behind the rest of the developed world in EV sales but is obviously catching up on the latest trends quickly. Sales have fallen 44%:


And, apparently even those with money to waste don't want to waste it on an "electric supercar":
Lamborghini Doesn't Think Electric Supercars will Catch On

By: Adrian Padeanu, Motor1.com

Speaking with Automotive News Europe, Lamborghini's head honcho Stephan Winkelmann argued electric supercars are "not something that is selling so far." He went on to mention this genre might never catch on

Supercars are for rich folk but Rimac CEO Mate Rimac recently admitted that high-end buyers don't want electric supercars. It's why the Nevera is still for sale, despite the hype around it and the limited production run of only 150 cars. The electric hypercar developed in Croatia set no fewer than 23 records last year, but it looks as though wealthy people weren't impressed enough to sign their names on the dotted line.
There is talk now of all kinds of variations of sustainable fuel to run combustion engines on. The CEO of Bugatti has even floated the idea of selling their bespoke customers their very own fuel station as well, so they can generate and fill their sustainable cars at home. Possibly the brag-able-value of owning a sustainable biofuel car that "charges at home" using some wildly expensive combination of solar panels and batteries won't seem so brag-worthy in a few years time. Who wants to look like the loser who got car advice from a teenage girl?

[johnwise] 07/6/2024 14:14

VIDEO

Ford Shocks the Entire Car Industry and Says, "No More EV Dealership Sales”

[polaris] 07/6/2024 11:34

Yeh. I see cars on the road when I drive too. ? I live in a highly tech motivated area. There are still more minis on a typical drive into work than Tesla. Almost all I do see are Ys. The 3 is dead without a complete overhaul and the X/S only niche. They've never sold capacity in those two models. The Y will be the highest volume selling car model in Europe, maybe even the world... for a while at least

[dominiccummings] 07/6/2024 10:47

When I bought mine just over 3 years ago, I would be surprised to see another on any particular day. Today, I will see a dozen or more just popping down 2 miles to the shops and back.

Just saying....

[hosede] 06/6/2024 23:01

makers

"Overall, Tesla suffered the steepest decline of any brand in May, with sales plummeting 64% year-over-year. Year-to-date, their performance remains equally weak, with a 41.4% decrease. "

Meanwhile the share price rose today on some new FSD issue. Irrelevant (IMO)

[hosede] 05/6/2024 16:44

I think the great EV mania is about to die. The idea that EV use saves carbon emissions is becoming more dubious by the day.

[smithie6] 05/6/2024 15:51

any iews on Tesla, at 174$/share now ?

complete load of rubbish imo.

target price 100$ in < (6-12) months

[hosede] 03/6/2024 12:17

I read that Wall St. is expecting 452k deliveries this quarter!
Why on earth? After 386k in Q1 . Everyone knows that China excepted, EV's popularity is waning. I would have thought 352k much more likely - but WDIK
Time will tell, but this doesn't look good

[johnwise] 30/5/2024 22:52

VIDEO

The Unheard Cry of EV Makers: A Financial Crisis Unfolding? $56 Billion Package for Elon Musk

[hosede] 30/5/2024 17:21

From Bloomberg
"Tesla is a company in disarray with—some investors say—a distracted leader at the helm.

Elon Musk runs five other companies in addition to the world’s largest electric car maker, overseeing more than 130,000 people.
He’s not actually doing it alone. An inner circle handles urgent tasks across his companies, though it’s often unclear how and when they’re getting paid.
The lack of clarity has put Musk’s distractions at the center of a fight for Tesla investors to re-approve his $56 billion pay package. His personal wealth has already dropped by roughly $27 billion this year."

He's looking more and more like Francisco D'Anconia from Atlas Shrugs.
Maybe he knew years ago that EVs were not the way forward and he's just trying to create as much mayhem as possible - Like Francisco - who sold his immense Copper mine to the government - knowing all the while that there wasn't any copper LOL

[blusteradjuster] 30/5/2024 15:46

Some updates from legacy auto. Where will Tesla be in 2027?



Stellantis is planning to launch a $25,000 Jeep electric vehicle in an attempt to increase consumer interest in EVs as it battles lagging demand for sustainable vehicles in the United States.

Company CEO Carlos Tavares confirmed the company is planning to offer an affordable $25,000 version of an electric Jeep.

Tavares believes Stellantis will reach price parity with ICE vehicles “in three years, max.”


Volkswagen shared plans for a new lineup of battery electric vehicles (BEVs) under €25,000. The new VW EVs will adopt the “from Europe for Europe” motto.

The German automaker’s new EV lineup is expected to be unveiled by the end of 2025. The collection includes two compact cars from the Volkswagen and Cupra brands and two small SUVS from VW and Skoda. All the vehicles will be produced in Spain.

The four new EVs will lead to Volkswagen’s cheapest electric vehicle, which will cost around €20,000, making it the most affordable BEV under the brand. VW’s under-€20,000 EV will make its debut in 2027.

[johnwise] 25/5/2024 10:06

VIDEO:

Dr. Patrick Moore TEARS APART The Green New Deal

[hpcg] 25/5/2024 10:01

Musk has apparently raised $6bn for xAI (not to be confused with AIX, the IBM Unix variant). This is dangerous for Tesla for 3 reasons. As already stated, loss of talent from Tesla, secondly yet another day job for Musk, and thirdly there is some kind of amorphous AI / robotics valuation in the Tesla share price.

[simon gordon] 24/5/2024 17:49

Teslarati - 23/5/24:

Tesla Shanghai Megafactory in China officially starts construction

Tesla has officially started the construction of its highly anticipated Shanghai Megafactory on May 23, 2024. The Shanghai Megafactory represents the electric vehicle maker’s first dedicated energy storage facility outside the United States.

The Shanghai Megafactory, which will produce Megapack batteries, will join Giga Shanghai as Tesla China’s main production facilities in the country. As noted in a CNEV Post report, the upcoming Megapack factory is situated in the Lingang area, close to Gigafactory Shanghai. The Shanghai Megafactory complex covers about 200,000 square meters (49.4 acres).

Continued....