1x Tsla Discussion Threads

[polaris] 07/6/2024 10:34

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 09:47

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 22:01

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 15:44

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 14:51

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

complete load of rubbish imo.

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

[hosede] 03/6/2024 11:17

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 21:52

VIDEO

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

[hosede] 30/5/2024 16:21

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 14:46

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 09:06

VIDEO:

Dr. Patrick Moore TEARS APART The Green New Deal

[hpcg] 25/5/2024 09:01

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 16:49

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....

[simon gordon] 22/5/2024 16:44

FT Tech Tonic podcast - 22/5/24:

China's race to tech supremacy: Driving into Europe

China’s BYD has become one of the world’s largest electric vehicle manufacturers, thanks to its low production costs. The US has slapped a 100% tariff on Chinese EV imports to protect its own sector but BYD has its sights set on Europe. The FT’s James Kynge reports from Germany to find out what established European carmakers make of this burgeoning competition, and how the EU is handling it. We hear from the FT’s June Yoon, automobile analyst Stefan Bratzel, European Commission spokesperson for trade Olof Gill, and Manuel Kallweit, chief economist at German car lobby group VDA.

[mauricemonkey] 22/5/2024 13:30

He hasn't been working for free - that's an absolute bs claim. When the share price goes up, he benefits and he's the biggest single holder.
The award is 30x larger than the next biggest ever award which was Tesla to one E R Musk. Name a famous CEO - Musk has demanded more than 100x all of them. Zuckerburg, Nadella, Pichai - you're telling me he's done more than Zuck at Meta or Satya at MSFT? Laughable. Tesla has made virtually zero cash profit ever and never paid a dividend. He's a convicted securities fraudster trying to pull off the biggest corporate heist in history, and the bootlickers are cheering him on as he steals the company's engineers and creates an alternative AI company which is in direct conflict with his stated aims for Tesla.
You can't make up just how stupid and blind some people are.

[hosede] 21/5/2024 21:01

Fine CFb
Suits me - but still a big dilution and with big losses coming for several quarters at least .....
The mere fact that the Market cap is over 9 X book, shows how ridiculous the valuation is - and that applies to a multitude of US shares.

[cfb2] 21/5/2024 19:52

It's $64.3bn and you're being duplicitous referring to the book value rather than market capitalisation as it's awarded as shares with restrictions on sale.

Without those shares Musk will have been working for Tesla since 2018 for free. I think most people would feel annoyed if they had to hand back their last five years of earnings.

[johnwise] 21/5/2024 19:46

VIDEO

EV Dealers at a Crossroads: Can’t Sell, So They’re Dumping Them |
Electric Vehicles & The EV Demand!

[hosede] 21/5/2024 16:59

Am I Right? Musk is asking for 56Bn while Tesla's book value is $20 x 3Bn = 60Bn. So he's asking for 93% of the company's Net worth. -i.e. nearly 100% dilution. surely not! Have I lost a power of ten somewhere?

[hosede] 21/5/2024 16:43

I think Joe public have been offered EVS and said No. There just isn't enough charging infrastructure out there - and if you come to a halt you can't even hitch to the nearest garage and get a can. Hybrids offer SO MUCH more flexibility.
Meanwhile the share price is being affected by the vote on Musk's ridiculous pay package

[dominiccummings] 21/5/2024 15:23

Just watched it johnwise and it simply lists 6 POSSIBLE problems for Tesla, yet to be real. We'll see then.

[johnwise] 21/5/2024 11:26

VIDEO

Tesla Faces its Biggest EV DISASTER Yet... and It’s Just Getting Started!

[cfb2] 21/5/2024 10:21

I'm not ignoring it, I'm saying that if the legacy OEMs want to compete they need to change how they operate.

Car manufacturers used to produce cars at close to cost, so they have to operate in large volumes to make money (or rather reduce the loss per vehicle). A dealership network only made sense when consumers could be fleeced in the purchasing negotiation, upsold, put on finance and made use of servicing where they could be sold replacement parts at lucrative prices. This model no longer works.

Dealers are on the verge of being a hindrance for the OEM. EV cars can be sold on-line and will now require minimal servicing. Having a dealership to service EVs will not make money for the OEM.

[hosede] 21/5/2024 08:55

cfb
But you ignore the fact that carmaking has never been a very profitable enterprise