Tesla: Sales, Marketing, and Financial News
#601
TSLA price is about to cross into $1700 soon.
Instead of spreading FUD, “everyone” should concentrate on getting some shares today. By tomorrow it might be too late. Quarterly earnings report imminent.
Use the profit to buy your favorite car. .
Instead of spreading FUD, “everyone” should concentrate on getting some shares today. By tomorrow it might be too late. Quarterly earnings report imminent.
Use the profit to buy your favorite car. .
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#1 STUNNA (07-21-2020)
#603
Six months ago when I recommended the same it was near $400. If you had put 50K at that time you could have driven home in your dream Taycan today.
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#1 STUNNA (07-21-2020)
#604
#606
Size is more important when it comes to the EU, they want smaller vehicles there. Which of course you know, that's why you didn't bother to mention that. The fact that the etron is smaller than the X but similar in weight isn't a good thing, but you know that, but you'll say absolutely anything to make a ridiculous point. The fact that the etron is a similar size to the Y, but costs significantly more, weighs a lot more, and has a lot less range aren't good things for most people. If you live in the EU and you want to get an EV SUV than the etron is probably the best choice right now, because the X is too big and the Y won't be available for who knows how long. When the Y becomes available you'll see the etron sales drop because it's heavier, has much less range, and costs much more. Sure some will pay extra for the "nicer" interior but most won't.
Audi E tron has 118 Inch wheel base, much taller vehicle than Model Y with ride height adjustment. Its a real luxury vehicle. Surpassing any other electric vehicle in Refinement. Refinement is not just interior quality but body motion control, wind / tire noise and bump suppression.
so why you think it is small?. such huge vehicle in width and wheel base never had selling point being small.
Europe do alot indepth reviews and clear said what is consider small.
https://www.autoexpress.co.uk/honda/...-e-2020-review
It can turn 180 degrees in a street just 8.6 metres wide, so this urban EV is brilliantly manoeuvrable and a doddle to park.There’s great grip, too, not least because the e wears Michelin Pilot Sport 4 tyres, which give more bite than you might expect an EV such as this to have. On the plus side, they don’t seem to unduly affect the ride quality or refinement either.
Over patchy road surfaces the Honda feels a little jiggly, but when you hit a bigger bump, the thud never arrives since the suspension softens the blow. The ride is more settled at higher speeds, but it’s certainly not busy or nervous around town. It’s more comfortable than pretty much any petrol-powered supermini on sale today – and it’s a lot quieter, too.
New Honda e 2020 review
It can turn 180 degrees in a street just 8.6 metres wide, so this urban EV is brilliantly manoeuvrable and a doddle to park.There’s great grip, too, not least because the e wears Michelin Pilot Sport 4 tyres, which give more bite than you might expect an EV such as this to have. On the plus side, they don’t seem to unduly affect the ride quality or refinement either.
Over patchy road surfaces the Honda feels a little jiggly, but when you hit a bigger bump, the thud never arrives since the suspension softens the blow. The ride is more settled at higher speeds, but it’s certainly not busy or nervous around town. It’s more comfortable than pretty much any petrol-powered supermini on sale today – and it’s a lot quieter, too.
#608
In fact he is the only person I had to do it, since I realized (Warned by several members too) that talking to him was like talking to a brick. It’s not a two way interaction in a sense we are accustomed to. His arguments are childish and illogical and there’s no point interacting with him. The only good thing about him is he is fiercely loyal to and supportive of Acura.
BTW who’s picture is that?
BTW who’s picture is that?
#612
#613
The Gigafactory is going in Austin, I believe. Looks like the plan is to put it like 5 minutes from COTA
https://www.builtinaustin.com/2020/0...ntives-hearing
party.
https://www.builtinaustin.com/2020/0...ntives-hearing
party.
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Comfy (07-22-2020)
#614
Tesla has just achieved 4 quarters of profit, and are now eligible to be included in the S&P 500, which means a lot of investment portfolio managers need to purchase about 25 million shares of stock.
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Comfy (07-22-2020)
#615
The Gigafactory is going in Austin, I believe. Looks like the plan is to put it like 5 minutes from COTA
https://www.builtinaustin.com/2020/0...ntives-hearing
party.
https://www.builtinaustin.com/2020/0...ntives-hearing
party.
Making Cybertruck, Semi, 3 and Y for the east coast there.
#616
He's says he really liked Tulsa and they might go there in the future for other projects. I wonder if the Supreme Court ruling that half of Oklahoma was part of Native American land including part of Tulsa played a role in the decision.
#618
Giga Shanghai local parts sourcing increasing at 5-10% per month, expecting to be at least 80% by the end of the year, if not more.
Local suppliers in China have also been very competitive on their pricing, which is helping reduce M3 costs in China
Local suppliers in China have also been very competitive on their pricing, which is helping reduce M3 costs in China
#619
#621
Tesla has just achieved 4 quarters of profit, and are now eligible to be included in the S&P 500, which means a lot of investment portfolio managers need to purchase about 25 million shares of stock.
https://twitter.com/TeslaPodcast/sta...33496725651459
https://twitter.com/TeslaPodcast/sta...33496725651459
#622
I am still waiting where Tesla sold all the vehicle in quarter except those 30K vehicles in china. who are at bargain basement of $38K price. That is only factory with full operation.
overpriced talent cannot built car that can deal with 130 degree temperature and car goes up and down on Sand dunes.
https://www.thisismoney.co.uk/money/...ctric-SUV.html
For speeds above 74.6mph the e-tron is lowered by up to 26mm from its normal height of 172mm. In all, the ride height can be adjusted by up to 76mm depending on speed and driving style.
#623
Dodge Dubbed Most Appealing Mainstream Brand by J.D. Power
The part which was not mentioned.. The conflict comes when you see what Dodge is surrounded by. J.D Power’s Automotive Performance Execution and Layout (APEAL) study tabulates owner assessments of vehicles after 90 days of ownership using some pretty broad metrics (available here). The goal here is to uncover which brands offer the best overall experience. Apparently, Dodge owners aren’t quite as happy with their purchase as those who went to a Porsche dealership. Hardly surprising. Yet we were fairly gobsmacked to see the same was true for both Lincoln and Cadillac. Premium brands are supposed to offer a superior experience and Ford Motor Company has certainly stepped up its game in that respect. Cadillac? Meh. Forgive the editorializing, but it seems that General Motors’ crown jewel suffers from a prolonged identity crisis and has succeeded more in changing its lineup than in successfully evolving it. Porsche scored the highest of all brands with 881 APEAL points out of a possible 1,000. It was followed by Lincoln (876) and Cadillac (874) before Dodge (872) came in to surprise everyone with some help from truck brand Ram (871). The next bundle of entries were every remaining luxury brand that isn’t Tesla — which J.D. Power awarded a whopping 896 points but deemed it ineligible for any awards. We suppose its role as an electric brand sort of complicates things. The official reason, according to J.D. Power, is that Tesla didn’t give the outlet permission to survey its customers in the required states.
In their own scoring Tesla achieve top spot (even beating Porsche by a wide margin), but they didn't award it citing technical problems. Dodge getting the Top spot prominently in both surveys adds fuel to my my suspicion that some money has changed hands.
In their own scoring Tesla achieve top spot (even beating Porsche by a wide margin), but they didn't award it citing technical problems. Dodge getting the Top spot prominently in both surveys adds fuel to my my suspicion that some money has changed hands.
#624
So while the rest of the automotive industries sales are down YoY, Tesla sales are growing (#nodemand) even though their manufacturing plants were shutdown for 2 month, and they still made a profit, while everyone else lost money. Yay I just got lucky for seeing the writing on the wall and investing all of my money into them.
https://ir.tesla.com/static-files/f4...6-6623b00475a6
https://ir.tesla.com/static-files/f4...6-6623b00475a6
#625
How they managed during the pandemic is extremely impressive.
Not the only reason for their success, but it goes to show how much brand cachet they have. I've said it before - in the Silicon Valley, the Model S is more popular than the 5-series, A6, and E-Class combined.
Yes, I do know that they are all cheaper than the Model S too... that's kinda my point. Their rise to success in the US reminds me of Lexus in the '90s.
Not the only reason for their success, but it goes to show how much brand cachet they have. I've said it before - in the Silicon Valley, the Model S is more popular than the 5-series, A6, and E-Class combined.
Yes, I do know that they are all cheaper than the Model S too... that's kinda my point. Their rise to success in the US reminds me of Lexus in the '90s.
#626
This was my favorite answer they gave on the conference call yesterday. Some one asked for an update on the "Alien Dreadnought", which is Tesla's project to highly automate car manufacturing, they tried it initially with the Model 3 and it was a failure, and they had to scale it back, but now they've learned a lot from the early "production hell" days of the Model 3 and they've implemented changes in their future vehicle designs to make them more easy to automate.
Investor -- please, may you update us on Alien Dreadnought? How has your thinking evolved? And what is needed in order to get closer to fundamental physical limits?
Elon Musk -- Co-Founder and Chief Executive Officer
Well, we bring a massive amount of effort into manufacturing engineering, the machine that makes the machine. There's probably 1,000%, maybe 10,000% more engineering required for the factory than for the product itself, so we're certainly making progress. I mean, battery and powertrain factory, Gigafactory in Nevada is, I don't know, alien-driven or version is 0.5, something like that, starting to approach version 1. We're getting way better at making cars.
You can see that in Giga Shanghai. You'll see that even more with Berlin, and we're really changing the design of the car in order to make it more manufacturable. The fundamental architecture of Model Y will be different in Berlin. It may look the same, but the internals will be quite different and fundamentally more efficient architecturally than what we've done to date.
Drew, would you like to add to that?
Drew Baglino -- Senior Vice President, Powertrain and Energy Engineering
Yes. I was going to expand on that. I think part of the Alien Dreadnought concept is not just automation but minimizing the number of process steps and complexity involved in the manufacturing system, which involves really integrating design and manufacturing across from like when the raw materials enter the factory to the finished goods exit. And we're learning so much through doing that.
Elon Musk -- Co-Founder and Chief Executive Officer
Vertical integration is extremely important to this. But the supply chain, if you put like a GPS tracker on a molecule from when it got mined to when it was in a usable product, it would look insane. It would be like, wow. It went around the world like six times.
So with vertical integration, maybe you can only go around the world once. It would be a huge improvement or not even like half -- I think I get vertical integration would be an order of magnitude improvement, so yes. And its -- do you want to, Drew?
Drew Baglino -- Senior Vice President, Powertrain and Energy Engineering
Yes. I think the focus for us is increasing capex efficiency. This is something that we've been working very hard for the past three years, and you can see that we can build new factories for less amount of money and much faster. Those things go together.
Elon Musk -- Co-Founder and Chief Executive Officer
It's a better factory for less money in less time.
Drew Baglino -- Senior Vice President, Powertrain and Energy Engineering
Yes. Less money means less time, so that's a great advantage. And also reducing this -- and there still is a lot, the amount of inefficiencies. We want every operation to add value to the vehicle, value, meaning moving the atoms closer to the final state.
So we do not want any robot that just moves things.
Elon Musk -- Co-Founder and Chief Executive Officer
Or in fact, it's like we want to be super respectful of people's labor. If we're asking somebody to do something, are we sure it's useful? Are we asking them to spend their time in a way that is respectful of their time? But it's like, wow, the -- like the potential for improvement is tremendous. But it's -- I just want to be clear, at Tesla, we love manufacturing. It's awesome, and I really think more smart people should be working on manufacturing.
Drew Baglino -- Senior Vice President, Powertrain and Energy Engineering
We want more people. We don't find enough people. People who are interested in designing new lines and trying to do things different, Tesla's got a job for you. And now we've got jobs everywhere.
It's not only in California. Now we've got just in China, in Berlin, in Austin, Texas and in California. So there's plenty of exciting places, and all these places will do original work and challenging meaningful work.
Elon Musk -- Co-Founder and Chief Executive Officer
Yes. Absolutely. It's actually extremely exciting and fulfilling to design new production systems. And I think that for some reason, I kind of got a bad rap, especially in the U.S., for a long time.
And I think people didn't think that manufactured -- they sort of put manufacturing is like, oh, this is for some boring, just making copies, whatever. But actually, there's far more opportunity for innovation in manufacturing than in the products itself, order magnitude. So like if there's one thing that comes out of this call, it's like, hey, if you want to help us invent amazing, new manufacturing techniques and have input into the product itself, it's not like you just get touch the product and say, hey, make this product, and it's kind of a lousy design. If you're manufacturing, you get to change the product design, and say, hey, this product, you're asking us to manufacturer is dumb.
Like, great, let's fix it. So it has -- if you work on manufacturing engineering, but you don't just get force fed a sandwich. You get to change the product design. So it's super exciting.
And we evolve the lines even after they're both this rapid evolution of the production system. So --
Drew Baglino -- Senior Vice President, Powertrain and Energy Engineering
And there's nothing more rewarding than going from zero cars an hour to 5,000 cars a week or 1,000 cars a day.
Elon Musk -- Co-Founder and Chief Executive Officer
Yes. So the long-term sustainable advantage of Tesla, I think, will be manufacturing.
Elon Musk -- Co-Founder and Chief Executive Officer
Well, we bring a massive amount of effort into manufacturing engineering, the machine that makes the machine. There's probably 1,000%, maybe 10,000% more engineering required for the factory than for the product itself, so we're certainly making progress. I mean, battery and powertrain factory, Gigafactory in Nevada is, I don't know, alien-driven or version is 0.5, something like that, starting to approach version 1. We're getting way better at making cars.
You can see that in Giga Shanghai. You'll see that even more with Berlin, and we're really changing the design of the car in order to make it more manufacturable. The fundamental architecture of Model Y will be different in Berlin. It may look the same, but the internals will be quite different and fundamentally more efficient architecturally than what we've done to date.
Drew, would you like to add to that?
Drew Baglino -- Senior Vice President, Powertrain and Energy Engineering
Yes. I was going to expand on that. I think part of the Alien Dreadnought concept is not just automation but minimizing the number of process steps and complexity involved in the manufacturing system, which involves really integrating design and manufacturing across from like when the raw materials enter the factory to the finished goods exit. And we're learning so much through doing that.
Elon Musk -- Co-Founder and Chief Executive Officer
Vertical integration is extremely important to this. But the supply chain, if you put like a GPS tracker on a molecule from when it got mined to when it was in a usable product, it would look insane. It would be like, wow. It went around the world like six times.
So with vertical integration, maybe you can only go around the world once. It would be a huge improvement or not even like half -- I think I get vertical integration would be an order of magnitude improvement, so yes. And its -- do you want to, Drew?
Drew Baglino -- Senior Vice President, Powertrain and Energy Engineering
Yes. I think the focus for us is increasing capex efficiency. This is something that we've been working very hard for the past three years, and you can see that we can build new factories for less amount of money and much faster. Those things go together.
Elon Musk -- Co-Founder and Chief Executive Officer
It's a better factory for less money in less time.
Drew Baglino -- Senior Vice President, Powertrain and Energy Engineering
Yes. Less money means less time, so that's a great advantage. And also reducing this -- and there still is a lot, the amount of inefficiencies. We want every operation to add value to the vehicle, value, meaning moving the atoms closer to the final state.
So we do not want any robot that just moves things.
Elon Musk -- Co-Founder and Chief Executive Officer
Or in fact, it's like we want to be super respectful of people's labor. If we're asking somebody to do something, are we sure it's useful? Are we asking them to spend their time in a way that is respectful of their time? But it's like, wow, the -- like the potential for improvement is tremendous. But it's -- I just want to be clear, at Tesla, we love manufacturing. It's awesome, and I really think more smart people should be working on manufacturing.
Drew Baglino -- Senior Vice President, Powertrain and Energy Engineering
We want more people. We don't find enough people. People who are interested in designing new lines and trying to do things different, Tesla's got a job for you. And now we've got jobs everywhere.
It's not only in California. Now we've got just in China, in Berlin, in Austin, Texas and in California. So there's plenty of exciting places, and all these places will do original work and challenging meaningful work.
Elon Musk -- Co-Founder and Chief Executive Officer
Yes. Absolutely. It's actually extremely exciting and fulfilling to design new production systems. And I think that for some reason, I kind of got a bad rap, especially in the U.S., for a long time.
And I think people didn't think that manufactured -- they sort of put manufacturing is like, oh, this is for some boring, just making copies, whatever. But actually, there's far more opportunity for innovation in manufacturing than in the products itself, order magnitude. So like if there's one thing that comes out of this call, it's like, hey, if you want to help us invent amazing, new manufacturing techniques and have input into the product itself, it's not like you just get touch the product and say, hey, make this product, and it's kind of a lousy design. If you're manufacturing, you get to change the product design, and say, hey, this product, you're asking us to manufacturer is dumb.
Like, great, let's fix it. So it has -- if you work on manufacturing engineering, but you don't just get force fed a sandwich. You get to change the product design. So it's super exciting.
And we evolve the lines even after they're both this rapid evolution of the production system. So --
Drew Baglino -- Senior Vice President, Powertrain and Energy Engineering
And there's nothing more rewarding than going from zero cars an hour to 5,000 cars a week or 1,000 cars a day.
Elon Musk -- Co-Founder and Chief Executive Officer
Yes. So the long-term sustainable advantage of Tesla, I think, will be manufacturing.
#631
Combination of marketing and user perception but Tesla reliability is apparently ...like, uber-...
https://acurazine.com/forums/automot.../#post16605894
https://acurazine.com/forums/automot.../#post16605894
#633
JD Power does a decent job of defending Tesla's quality problems indicating how new they are as a company. Every company drops in the rankings when they release a new car and Tesla has been releasing a new model almost yearly. It does feel like the latest and greatest (Model Y) has more quality problems than average. I have heard the 3 is doing a bit better on that front.
#635
#636
No doubt Tesla has faltered in initial production quality with alot of published issues (panel gaps and misalignment, loose fasteners, paint finish,...)
Reverse engineered Tesla's has shown the quality of the components and the design was good to very good.
Everything from the PCB's, battery, power management electronics (MOSFET's), the infotainment displays, wiring harnesses, connectors,...
Overall they are still better somewhat at overall quality in components and design. Build quality has been a work in progress.
Consumer Reports has also revised their 2019 downgrade.
Consumer Reports >>>>>>>>>> JD Power
https://www.consumerreports.org/car-...ecommendation/
Last edited by Legend2TL; 07-27-2020 at 04:12 PM.
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Comfy (07-27-2020)
#637
Maybe JD Power doesn’t like Tesla because they don’t advertise so they won’t make a TV commercial that says the words “JD Power” every 5 seconds
:tinfoil:
Ive never denied the fact that some Tesla owners complain about issues upon delivery, but in the long run they love their car.
:tinfoil:
Ive never denied the fact that some Tesla owners complain about issues upon delivery, but in the long run they love their car.
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Comfy (07-27-2020)
#638
Audi’s new CEO willingly admits that Tesla is two years ahead of the industry in some critical areas of building electric vehicles.
Markus Duesmann, Audi’s new CEO, has been focusing on electric vehicles and he is taking inspiration from market leader Tesla.
The CEO recently said that he believes Tesla has a two years on the rest of the industry (via Reuters):
“Currently, Tesla has larger batteries because their cars are built around the batteries. Tesla is two years ahead in terms of computing and software architecture, and in autonomous driving as well.”
In order to close the gap, Duesmann has started a new group within the German automaker to “develop a pioneering model for Audi quickly and unbureaucratically.”
He wants to avoid the normal cumbersome process and instead move quickly in a more startup-way, like Tesla.
The new group, called Artemis, has for goal to develop “a highly efficient electric car that is scheduled to be on the road as early as 2024.”
Tesla has been known for its efficiency lead in the industry:
In comparison, Audi has disappointed in efficiency with its first electric vehicle built from the ground up, the e-tron.
However, the electric SUV’s lack of efficiency can be explained by the automaker being very conservative with energy capacity in its battery pack — leaving a large buffer.
On the software front, Volkswagen — Audi’s parent company — has been having a lot of issues with its own software in the ID.3 and admitted that Tesla has a lead in this area.
They even started to implement what is internally called the “Tesla catch-up plan” with a new software team earlier this year.
This gave Tesla an important efficiency edge over other automakers making electric vehicles.
Cells haven’t evolved fast enough and in large enough volumes for Tesla and now they are trying to increase production with their own cells — building to their existing lead in other critical electric vehicle technology.
As for Audi, it’s a great sign that they are looking at Tesla as the leader here. They are looking in the right direction.
I am not worried about them. They are making the right move, and they are already having decent success with the e-tron in Europe.
I think their next-gen EV is going to be extremely competitive.
Markus Duesmann, Audi’s new CEO, has been focusing on electric vehicles and he is taking inspiration from market leader Tesla.
The CEO recently said that he believes Tesla has a two years on the rest of the industry (via Reuters):
“Currently, Tesla has larger batteries because their cars are built around the batteries. Tesla is two years ahead in terms of computing and software architecture, and in autonomous driving as well.”
In order to close the gap, Duesmann has started a new group within the German automaker to “develop a pioneering model for Audi quickly and unbureaucratically.”
He wants to avoid the normal cumbersome process and instead move quickly in a more startup-way, like Tesla.
The new group, called Artemis, has for goal to develop “a highly efficient electric car that is scheduled to be on the road as early as 2024.”
Tesla has been known for its efficiency lead in the industry:
In comparison, Audi has disappointed in efficiency with its first electric vehicle built from the ground up, the e-tron.
However, the electric SUV’s lack of efficiency can be explained by the automaker being very conservative with energy capacity in its battery pack — leaving a large buffer.
On the software front, Volkswagen — Audi’s parent company — has been having a lot of issues with its own software in the ID.3 and admitted that Tesla has a lead in this area.
They even started to implement what is internally called the “Tesla catch-up plan” with a new software team earlier this year.
Electrek’s Take
The way I see it, Tesla focused on critical differentiating features early on, like battery module, BMS, drive unit efficiency, thinking that battery cells would become a commodity.This gave Tesla an important efficiency edge over other automakers making electric vehicles.
Cells haven’t evolved fast enough and in large enough volumes for Tesla and now they are trying to increase production with their own cells — building to their existing lead in other critical electric vehicle technology.
As for Audi, it’s a great sign that they are looking at Tesla as the leader here. They are looking in the right direction.
I am not worried about them. They are making the right move, and they are already having decent success with the e-tron in Europe.
I think their next-gen EV is going to be extremely competitive.
#639
Apparently both Giga Texas and Nikola factory in Arizona began construction of their respective factories at the same time. It'll be interesting to see how they make progress, but we all know how it'll end.