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It's a combo of both but i'll admit that it's probably 80/20 lack of competitions to superior cars. I think Tesla welcomes it but I can't say the other players are going to be as selfless.
50% brand cachet
15% - 20% lack of competition
30% - 35% perceived superiority to other EVs
Tesla's factory in Fremont, California, employs more workers than any other American auto production plant. The company produced more than 250,000 vehicles in 2018, ramping up production on all models, including the all-important Model 3. Production hasn't always gone smoothly, but issues as of late have centered more on deliveries and logistics rather than actual issues on the production line. Still, Forbes reports that from 2014 to 2018 the automaker had three times as many OSHA violations as 10 other U.S. auto plants combined.
A larger workforce of course means there are more chances for injuries. Over a five-year period, 10 individual plants run by BMW, Nissan, Toyota, Ford, Honda, GM, Hyundai, Subaru, Kia and Mercedes-Benz employing 57,845 workers and total capacity of 4,329,500 vehicles racked up 18 violations and $89,539 in fines. Tesla, meanwhile, had 54 violations and $236,730 in fines. Tesla employs about 15,000 workers in Fremont and has a total capacity of about 500,000 vehicles.
The report says that violations range from failing to report incidents in a timely manner to an incident where a rear hatch failed, falling on a worker and breaking his pelvis. The tent that was erected last year to help speed up Model 3 production led to six violations and $29,365 in fines. The number of serious injuries — those that require workers to take time off to recover — has dropped, but Tesla still had 18 total violations last year, the most in the company's history.
In 2017, Tesla's number of recordable incidents, a different metric than OSHA violations, was lower by about half than the average number of incidents at the same factory when it was run by Toyota and GM.
They work people like dogs. Not just in assembly either. There's a strong culture of mandatory overtime.
I know and have met several people who worked for them in different capacities, from assembly to engineering. Few people stay for long. The ones that do seem to hold Elon in a very high regard.
If you thought Tesla would take the onslaught of new, competitive electric sedans and crossovers sitting down, think again. As the Jaguar i-Pace, Audi e-tron and Mercedes-Benz EQC move into production, the Palo Alto-based company is constantly changing, evolving and switching around its models in an attempt to keep the good vibes going.
To wit, the new Tesla Model S and Model X are getting a boost in both performance and range. The Model S Long Range will now go 370 miles on a charge as opposed to 335, while the Model X grabs 30 more miles for a total of 325 miles. Performance models gain ground, too, with the S going from 315 to 345 miles and the X going from 289 to 305 miles.
Tesla says the gains come from a switch to a permanent magnet motor at the front like the Model 3. Battery sizes stay the same all around. “The net effect is a more than 10 percent improvement in range, with efficiency improvements in both directions as energy flows out of the battery during acceleration and back into the battery through regenerative braking. In addition to adding range, power and torque increases significantly across all Model S and Model X variants, improving 0-60 mph times for our Long Range and Standard Range models.”
The base Model S gets to 60 mph in 4 seconds and the Long Range does it in 3.7. The LR Model X drops 0.2 seconds to 4.4.
Also, Tesla adds a thank you and loyalty bonus: “All existing Model S and Model X owners who wish to purchase a new Model S or Model X Performance car will get the Ludicrous Mode upgrade, a $20,000 value, at no additional charge.”
We like to make fun, but that’s a good upgrade and, with almost every other luxury brand nipping at its heels, right on time.
I do wonder if Tesla is going to break their own rules and do a true interior refresh on the model S. They preach iterative updates but I think they might need something a bit more aggressive as more and more EVs enter the market.
During Tesla’s 2019 Shareholders Meeting, Elon Musk gave a slight update to the timelines for the Tesla pickup truck and Tesla Semi truck.
As he has done recently, the CEO boasted again about Tesla’s extensive product lineup, but he warned that they don’t plan to add complexity to their lineup until they can scale battery production.
He reiterated that they currently need to extensively increase battery cell production.
Musk says that they are “managing the product rollout based on scaling battery production” and they can’t introduce new vehicles until this is solved.
With this caveat in mind, the CEO nonetheless offered a slight update to its production lineup timeline:
Musk reiterated that Model Y, which is the priority after Model 3, should come in the fall of 2020, but he said that they actually have a more aggressive internal timeline.
As for the Tesla pickup truck, which he referred to as the ‘Cyberpunk Truck’, he still didn’t offer a timeline to production, but the order they are displayed above might be an indicator.
He reiterated that Tesla hopes to unveil the electric pickup truck near the end of Summer 2019.
When unveiling the prototype back in 2017, Musk said that they were planning deliveries in 2020 and Tesla started taking reservations.
For more details about the new information released and discussed by Tesla at their shareholder’s meeting today, you can visit our Tesla Shareholder’s Meeting News Hub.
Tesla Inc. investors cheered the electric car maker’s delivery numbers, but Wall Street analysts weren’t as impressed, as some analysts expressed concern that today’s gain came at the expense of profitability and demand down the road.
The stock TSLA, +5.18% jumped 5.9% toward a two-month high in morning trading Wednesday, but pared earlier gains of as much as 7.6%. That follows the announcement late Tuesday that 95,200 cars were delivered in the second quarter, more than what analysts were expecting, and well above the previous record of 91,000. The shares have rocketed 33% since closing at a more than 3-year low of $178.97 on June 3, but were still down 29% year to date, while the Dow Jones Industrial Average DJIA, +0.57% has rallied 15% this year.
The worry, analysts say, is that deliveries may have been boosted by price cuts, a pull-forward of demand given the expiring Federal tax credit, while the higher mix of lower-priced Model 3 deliveries could pressure margins and increase losses.
“While 2Q19 units were better, we still caution...that mix of vehicles (and discounting to move units) could weigh on profitability and hence 2Q19 likely sacrificed margins for units,” analyst Joseph Spak at RBC Capital wrote in a note to clients.
And J.P. Morgan analyst Ryan Brinkman wrote: “The debate will also likely turn to sustainability of demand given that 2Q was, like 4Q18, a pre-buy quarter in the U.S. ahead of another step-down in availability of federal tax credits on July 1.”
As of July 1, the federal tax credit on Tesla vehicles was lowered to $1,875 from $3,750, which was lowered on Jan. 1 from $7,500.
Brinkman said the magnitude of the second-quarter loss and amount of free cash flow generated should now be a key focus of investors, especially since Tesla “may have undertaken extra costs to meet delivery targets.”
One of the few remaining unknown pieces of the Tesla truck puzzle is its appearance. Tesla CEO Elon Musk released a lone teaser of the truckand stated that it would take on a sci-fi appearance and be a bit polarizing, but beyond that, all else is unknown in regards to styling of the Tesla truck.
This latest render, though a bit less angular than the teaser released by Musk (see below), is probably quite close to what we'll see when Tesla reveals the truck. The traditional Tesla styling cues are mostly all in place and we rather enjoy the look of this truck.
Outside of appearance, much of the other details on the Tesla truck are know. See below for more info on the Tesla pickup.
“You should be able to buy a really great truck for $49k or less.”
We find it hard to believe that this price point is even possible, but that's the target. Here's more from Musk on the price topic:
“We don’t want it to be really expensive. I think its got to start at less than $50,000 – it’s got to be like $49,000 starting price max. Ideally less. It just can’t be unaffordable. It’s got to be something that’s affordable. There will be versions of the truck that will be more expensive, but you’ve got to be able to get a really great truck for $49,000 or less.”
In top-level trim, the Tesla truck should boast a range of between 400 and 500 miles, possibly more. As one might suspect, it will be all-wheel drive with a motor for each axle. Musk also noted that the suspension will dynamically adjust according to its load. Being electric and a truck means it will have gobs of torque. Musk once tweeted that it could tow 300,000 pounds.
We're excited for the reveal of the Tesla truck and hopefully, it still happens this year as promised. The truck could surely be Tesla's top seller, especially if somehow it starts at under $50,0000.
I wonder what the range is when towing 300,000 lbs like 20 miles?
dafuq kind of pickup truck tows 300,000 pounds? I think he's just speaking to the potential of it. Because no other truck out there has that level of torque
I would assume the people who will buy Tesla truck would probably never use it as a truck.
For the people who actually use it for what it is will find some unique drawbacks that other trucks dont, of course it also has its pros.
Yes it has a lot of torque, which is a good thing for a truck. But when you need to use those torque = severely reduce your range.
with a normal gas/diesel truck, it is not an issue. spend 5 mins at the gas station anywhere along the freeway, and you are good to go.
It is not gonna be as easy or efficient to do with Tesla truck with a trailer in the back. You will have to plan your route not by effieciecy, but by the locations of fast charge stations (if there is one), then wait for a spot, find a way to park the truck with trailer and wait for it to charge and repeat.
To be fair, there are a lot of trucks that can effectively move 300k pounds of stuff. Lots of companies have pulled PR stunts as such. The difference is controlling that weight and being able to drive around with it behind the truck which no truck can currently do.
Not sure if they'll be able to capture that full size pickup market. If techies en masse suddenly need to tow stuff?
Yeah, it doesn't make a lot of sense to me, either. The truck crowd seems unlikely to be interested in an EV and the EV crowd probably doesn't need a truck.
Tesla Inc.'s deliveries rose less than 2 percent in the third quarter, missing Wall Street estimates and sending its shares down nearly 6 percent in trading after the bell.
Total deliveries came in at a record 97,000 during the latest quarter, but below analysts' estimates of 97,477 vehicles, according to IBES data from Refinitiv.
The company is under pressure to ramp up production, while proving that there is sustainable demand for its vehicles and that it can turn a profit, even as traditional luxury carmakers begin to roll out their own electric models.
The company has set a target to deliver 360,000 to 400,000 vehicles in 2019, which means that it needs to deliver at least 104,800 vehicles in the final quarter to meet the low end of its full-year forecast.
"Looks like the 360k bottom end of 2019 forecast is starting to look a bit iffy," Roth Capital Partners analyst Craig Irwin said.
The company's Model S and X vehicles are also facing challenges from the recently launched all-electric SUVs from Audi and Jaguar Land Rover.
Deliveries of the two high-priced models fell 1.4 percent to 17,400 from the second quarter and came in below analysts' estimates of 18,829 vehicles.
The company also delivered 79,600 Model 3 sedans in the third quarter, beating estimates of 79,470, but the pace of growth was just 2.6 percent from the previous quarter.
The Model 3 is the linchpin of Tesla's growth strategy and Musk is under pressure to deliver the vehicle to new international markets efficiently, while guarding working capital.
Tesla said its orders in the third quarter exceeded deliveries and that it was therefore entering the fourth quarter with a backlog.
China factor
China is emerging as a major market for Tesla and the company plans to start production this month at its new Shanghai plant.
The California-based company is aiming to produce at least 1,000 Model 3s a week from the factory by the end of this year, the centerpiece of its ambitions to boost sales in the world's biggest auto market and avoid higher import tariffs imposed on U.S. cars.
The plant's mass production schedule is crucial for Tesla's hopes of reaching its total production rate at an annualized 500,000 vehicles by the end of this year.
It was, however, unclear when it would meet its year-end production targets due to uncertainties around orders, labor and suppliers, according to a Reuters report.
As the company strives to improve margins and post profit for the second half of 2019, Musk has been trying to cut spending.
Musk had previously said that Tesla aims to be profitable in the fourth quarter, with the third quarter to be break-even. The company said it was focusing less on profit and more on volume growth, capacity expansion and cash generation.
Under pressure to meet his repeated promises to make Tesla sustainably profitable, Musk is trying to contain costs while still spending on major initiatives from a Shanghai factory and assembly-line to upcoming models such as the Model Y SUV and a Semi commercial truck.
Tesla also announced that it had entered into a debt facility agreement of up to 5 billion yuan ($700 million) to finance vehicles-in-transit to China.
Separately, the National Highway Traffic Safety Administration said Wednesday that U.S. regulators are looking into parking lot crashes involving Tesla cars driving themselves to their owners using the company's Smart Summon feature.
What yall think? i am usually a Tesla hater... but in this case I dont think this is a defect since the "ice breaker" is so hidden and it is not meant for people to play with your finger inside.
That is like saying I i am suing them because i licked the exhaust and it burned my tongue
'So high': Tesla shares cross $420 mark over a year after Musk buyout tweet
(Reuters) - Tesla Inc shares traded above $420 on Monday, more than a year after Elon Musk tweeted he had "funding secured" to take the electric car maker private at that price, only to later give up under investor pressure and regulatory concerns.
In recent months, Tesla's shares have had a run of good fortune on the back of a rare quarterly profit reported in October, news of production ramp-up in its China factory and upbeat early deposits for its recently launched electric pickup truck.
Orders for the company's Cybertruck have reached close to the record set by its Model 3 sedans in 2016.
"Whoa … the stock is so high lol," Musk tweeted on Monday, after Tesla shares crossed the $420 mark. (http://bit.ly/2MD07Rt)
The number 420 is closely associated with marijuana as a slang for the consumption of cannabis. It also refers to cannabis-related celebrations that take place annually on April 20.
The take-private tweet in August last year, at a time when Tesla was trading in the mid-$330s, had taken shares as high as $387. Later in the month, shares were closer to $320 amid intense regulatory scrutiny.
The U.S. Securities and Exchange commission fined Musk and Tesla $20 million each for the $420 tweet. Musk was also forced to step down as chairman and must submit any public statements about Tesla's finances and other topics to be vetted by a legal counsel.
Reuters reported earlier on Monday the company and a group of Chinese banks have agreed to a new 10 billion yuan ($1.4 billion), five-year loan facility for the automaker's Shanghai car plant.
Tesla shares rose over 3.6% in Monday's session and are up nearly 65% since the quarterly report in October.
Tesla (TSLA) skyrockets to become most valuable US automaker in history
Tesla stock (NASDAQ:TSLA) has been hitting record highs of late and on Tuesday it closed at $469.06, up by $17.52 or 3.88%. The recent gains pushed Elon Musk’s electric car brand to a market capitalization approaching $83 billion, making it the most valuable automotive company in America ever.
The current market cap of Tesla eclipses the record set by Ford in 1999 at $81 billion, and is now higher the combined value of General Motors ($52 billion) and Fiat-Chrysler Automobiles ($28 billion). While the current numbers are not adjusted for inflation and debt, the achievement by Tesla and Musk is undoubtedly impressive.
Tesla’s milestone comes amid news of its big push in China where it made its first public delivery of locally-made Model 3s, formally launched its Model Y program, and hinted at a promising future with plans to create an engineering and design center in the country. Likewise, it is making strides in Germany where it has started clearing the forest in Brandenburg to make way for the groundbreaking of Gigafactory 4.
Tesla’s Q4 2019 results also helped the company achieve its full-year guidance by delivering 105,000 units in the quarter and a total of 367,500 vehicles for the year. That’s about 50% more compared to its 2018 numbers, which were already record-setting when they were released.
Just as venture capitalist Paul Holland puts it, Elon Musk’s strategy in China is comparable to what Sun Tzu’s The Art Of War teaches.
Amidst these results, the Palo Alto, California-based EV manufacturer has earned the approval of a number of analysts. Wedbush Securities Managing Director Dan Ives recently said Tesla stock may hit $600. “While part of this recent rally has been a massive short covering, it has also been driven by underlying fundamental improvement as the company’s ability to impressively not just talk the talk but walk the walk has been noticed by the Street,” he noted.
On Tuesday, Bill Selesky of Argus Research raised the Tesla price target to $556 as well. “Despite recent production delays, parts shortages, labor cost overruns, and a host of other difficulties, we expect the company to improve performance over time,” Selesky said.
Indeed, Elon Musk’s epic dance during the Gigafactory 3 event in China is quite reassuring. A show of confidence that can be read as a watch-how-we-do-it warning to Tesla’s competitors.
Tesla’s deal with Fiat-Chrysler could pave the way for its European Gigafactory
Tesla’s fleet pooling deal with Fiat-Chrysler Automobile’s (FCA) may generate enough for the electric car maker that it could end up funding Gigafactory 4 on its own, according to analysts at Baird.
Baird analyst Ben Kallo says the payments will augment Tesla’s profit margins and likely be enough to effectively pay for the purchase and initial construction of Gigafactory 4 near Berlin, Germany.
“While we acknowledge investors may want to strip out credits in evaluating operational execution, we do note the credits effectively fund Tesla’s European factory,” Kallo said in a report published on January 9.
The two automakers teamed up to create an alliance that would make it easier for Fiat to reach the European Union’s CO2 requirement of 95g per kilometer in 2020. The deal requires FCA to pay Tesla $2 billion through 2023, breaking down to around $150 million to $200 million payments for each quarter until the balance is paid off.
Without the agreement with Tesla last Spring, FCA would have struggled to meet the newly-adopted emissions limits and it could have been subject to large penalties that may have put the company in an awkward place financially. This is why the EU granted an “open-pool” option that allows multiple car manufacturers to pool their fleets together to meet the regulations.
The EU was forced to lay down the hammer when it came to emissions regulations following Volkswagen’s lengthy scandal known as “Dieselgate.”The German automaker was accused of planting cheat devices in several of its Turbocharged Direct Injection (TDI) vehicles so they would pass emissions testing. VW has paid around $33 billion in fines and penalties since 2015.
FCA announced a $10.5 billion dollar plan to expand its fleet to include electric vehicles in its lineup last Spring. The company also recently unveiled its all-electric Fiat 500, and Plug-In Hybrid variants of Jeep’s Compass, Renegade and Wrangler.
However, FCA is not fully committed to a future that works toward sustainability. California recently made the decision to stop purchasing vehicles from companiesthat do not support the state’s emissions standards and FCA was one of the manufacturers involved. Hopefully, the manufacturer will reconsider its stance and join the movement that will fight the global climate crisis.
I have doubts Tesla can generate profits. it is making vehicles at most expensive places in world. West Coast US, Shanghai China. and Berlin. since it cannot generate profits. it will remain sustain only one vehicle at time. Model X and Model S sales declining relative other vehicles at that price range. Model Y 7 seater not coming untill 2021.
Amazon didn't make a profit for their first decade, Tesla is rapidly expanding just like Amazon did early on. Tesla is making a 20% gross profit on their cars but right now they're building a factory in China, starting to build another in Germany, building the production lines for Model Y in Fremont and China, rolling out Solar Roof nationwide, expanding GF1 battery production capacity in order to handle the Model Y, Semi, and a growing Energy sector, installing hundreds of V3 Superchargers all over the world, adding more services centers, upgrading all AP hardware 2.0 cars to HW 3.0, not to mention all the R&D into Full Self Driving, new battery tech. They are investing all of their profits into the future where they will have a massive lead over the competition.
They're operating like the growing silicon valley tech company that they are
Cathie Wood gets it, she called Amazon before other analysts
Amazon is not manufacturing firm. and plenty of competition to Amazon now. when Amazon started. West Coast was still relatively affordable place and labor productivity and education standards were much higher.
Elon is taking short cuts of increasing production without doing fundamental change in labor productivity. and R&D. otherwise how on earth build another factory in Shanghai.
The comments reflect Panasonic’s growing caution about its joint battery business with Tesla, which has yet to show sustained profits. Tsuga earlier this year admitted he underestimated risks associated with Tesla.
https://www.reuters.com/article/us-p...-idUSKBN1XA0ON Panasonic’s automotive business, which includes car batteries, recorded an operating loss of 12.7 billion yen compared with a 7.1 billion yen loss in the year-ago quarter. Tesla is also yet to show sustained profits. The Japanese company’s chief executive, Kazuhiro Tsuga, has admitted he underestimated development costs for car components and risks associated with Tesla.
Tesla has 'key advantage' over other automakers, analyst says
Tesla’s (TSLA) stock surged nearly 10% to a record high Monday, breaching $500 per share for the first time ever.
The sharp advance in the electric car-maker’s stock came in the wake of a bullish call from Oppenheimer analyst Colin Rusch, who bumped his price target on Tesla to $612 a share, up from $385 previously and representing one of the highest on Wall Street.
A primary tenet of Rusch’s bull thesis was rooted in his conviction that Tesla remains well ahead of its competitors in autonomous innovation.
Troves of information collected from hundreds of thousands of vehicles on the road have enabled Tesla to create a database for future developments in autonomy, Rusch said.
“They’ve got 600,000 cars on the road collecting data from all of their sensor suites, collecting what we consider ‘corner cases’ – you know, the odd lots, the unusual circumstances that a car might run into on the road,” Rusch told Yahoo Finance’s The Ticker on Monday. “And we think that data is, you know, going to help them redesign their autonomous system.”
Tesla has previously touted its use of data to improve existing features like Smart Summon, which CEO Elon Musk said in October had been used more than a million times.
“This really illustrates the value of having a massive fleet because it allows us to collect these corner cases and learn from them and use fleet learning and become rapidly better, just as Navigate on Autopilot did on the freeway,” Musk said during a call with analysts about Tesla’s third-quarter results in October. “This really is just the beginning as we collect more data and Autopilot and Full Self-Driving functionality gets better.”
Rusch, for his part, agreed with the benefits Tesla derived from scale.
“They have 600,000 cars versus the next competitor that’s between 600 to 1000 cars out there collecting data,” Rusch said. “We think that’s a key advantage.”
‘Existential threat’
Rusch also cited the speed at which Tesla developed its China Gigafactory as a factor in his bullish outlook on the stock.
“The first shovel going into the ground to first vehicle was less than a year. We think that’s put a lot of the automakers on notice for an existential threat, really not just from a technology perspective but from a manufacturing perspective,” Rusch said.
That expedited time – from breaking ground on a plot of land in Shanghai in January 2019 to delivering its first vehicles built in China earlier this month – marked a major turnaround from the production woes Tesla had endured a couple years prior at its earlier major factory in Fremont, California.
While auto sales overall in China have been slowing, analysts convened on the view that getting the factory online quickly was a major win for Tesla. And that milestone added to a batch of positive developments for the company: Just days before delivering its first car, Tesla reported record fourth-quarter 2019 deliveries of 112,000 vehicles, up 23% over the year prior.
“We think they’re actually learning from those mistakes and making some real changes to their processes,” Rusch said.
Elon is taking short cuts of increasing production without doing fundamental change in labor productivity. and R&D. otherwise
Link to back up your ridiculous claims? Model 3's get cheaper to make every quarter. The Model Y should have a 93% reduction in wiring, using wireless to communicate and only using wires for power which reduces the wiring from 3km in the Model S, and 1.5km in the Model 3 down to just 100m in the Model Y, and they can now be installed by robots instead of humans. That will be a big increase in "labor productivity", another one is their patent for a casting machine for the Model Y to make it go from 70 parts to 1. Gee I wonder if that saves on labor and production costs!? Maybe having your factory near Silicon Valley where many of the world's smartest people work won't be that expensive after all, if they come up with groundbreaking ways to manufacture cars with minimum labor, robots, parts, and materials.
Why because of tariffs, trade wars, subsidies for EVs made only in China, shipping costs, cheaper labor in Shanghai, Chinese people want to buy cars made in China, Fremont is where they're building Model Y, Fremont factory is basically at max capacity, and one car factory can't fill the demand of the entire world anymore.
I use the word "how" for Chinese factory. Chinese have low productivity if they can make Tesla so fast it means it does not have too much advanced technology.
Tesla is still using batteries from other manufactures who cannot make money on battery supply. how Tesla is going to make money on its own battery technology when it make everything by itself?
In Europe Model X and Model S already declining against competition. and that without next generation EU wide technology implementation. French technology two step above Germany once they put there best from aviation and semiconductors into Auto business. you are still not understanding alot of things.
https://www.reuters.com/article/us-t...-idUSKBN1XO0LO FRANKFURT (Reuters) - To unclog bottlenecks last year at his Tesla Inc (TSLA.O) plant in California, Elon Musk flew in six planeloads of new robots and equipment from Germany to speed up battery production for its Model 3.
I use the word "how" for Chinese factory. Chinese have low productivity if they can make Tesla so fast it means it does not have too much advanced technology.
Tesla is still using batteries from other manufactures who cannot make money on battery supply. how Tesla is going to make money on its own battery technology when it make everything by itself?
In Europe Model X and Model S already declining against competition. and that without next generation EU wide technology implementation. French technology two step above Germany once they put there best from aviation and semiconductors into Auto business. you are still not understanding alot of things.
In engineering simple is better. A complex design that does the same thing isn't better.
Because someone is an expert at making an aircraft that doesn't make them an expert at making electric vehicles. Just like a how a geologist doesn't know everything about marine biology, or how a dentist isn't expert in epidemiology. The idea that someone who has studied their whole life as an aircraft engineer is just going to roll out of bed and be an expert in a totally different, very technical field is laughable, at best. Modern science and technology require a specific level of knowledge that makes it difficult to easily move between fields.
Nevermind the fact that Tesla attracts the top talent from around the world so many of the best French engineers would love to work at Tesla instead of Renault because they've demonstrated a commitment to "accelerate the world's transition to sustainable energy" unlike any other company in the world. People want to work where they can make a difference, and Tesla is making a big difference in the world of EVs, and energy storage.
“French technology two step above Germany once they put there best from aviation and semiconductors into Auto business”
How about the best of semiconductor technology (from Silicon Valley) and the best of space technology (SpaceX) lol. This discussion isn’t going anywhere.
Its a waste of energy arguing with a fool. ha ha.
Was it the French aviation engineers that revolutionized the space industry and created reusable rockets? Oh no, that was the American company SpaceX. Who is the CEO of SpaceX? Elon Musk. Is he the CEO of any other company? Yes, Tesla.
In engineering simple is better. A complex design that does the same thing isn't better.
you still not getting the point.
Chinese already cut import duties on cars to just 15%. Elon could easily scale up US production to 1m cars with increasing efficiency lowered the price for both US and world consumers. Tesla stuck in middle. it cannot produce further low cost products and on higher price German is beating them in all markets of Europe.
New Tesla registrations in California nearly halves in fourth quarter: data
Because someone is an expert at making an aircraft that doesn't make them an expert at making electric vehicles. Just like a how a geologist doesn't know everything about marine biology, or how a dentist isn't expert in epidemiology. The idea that someone who has studied their whole life as an aircraft engineer is just going to roll out of bed and be an expert in a totally different, very technical field is laughable, at best. Modern science and technology require a specific level of knowledge that makes it difficult to easily move between fields.
. it is the building blocks of modern design and materials. French skills are far superior in design, material science, space electronics, semiconductors, 5G networks, software, tires, utilities, complex construction.
https://www.engineering.com/PLMERP/A...-Contract.aspx Last year, Boeing renewed their commitment to Dassault Systèmes’ 3DEXPERIENCE platform in a record-breaking deal worth $1 billion over 30 years. That deal was a stinging defeat for Siemens PLM, who appeared to have a real shot right up to the 11th hour
Nevermind the fact that Tesla attracts the top talent from around the world so many of the best French engineers would love to work at Tesla instead of Renault because they've demonstrated a commitment to "accelerate the world's transition to sustainable energy" unlike any other company in the world. People want to work where they can make a difference, and Tesla is making a big difference in the world of EVs, and energy storage.
Overprice talent does not mean Top talent or top quality management. French not introducing too expensive battery vehicles until the new battery factory goes into production. they not putting horse before the cart. production need to be sustainable with monopoly in markets. read bit deeper into Renault-Nissan issue you will get some idea .
you still not getting the point.
Chinese already cut import duties on cars to just 15%. Elon could easily scale up US production to 1m cars with increasing efficiency lowered the price for both US and world consumers. Tesla stuck in middle. it cannot produce further low cost products and on higher price German is beating them in all markets of Europe.
. it is the building blocks of modern design and materials. French skills are far superior in design, material science, space electronics, semiconductors, 5G networks, software, tires, utilities, complex construction.
Overprice talent does not mean Top talent or top quality management. French not introducing too expensive battery vehicles until the new battery factory goes into production. they not putting horse before the cart. production need to be sustainable with monopoly in markets. read bit deeper into Renault-Nissan issue you will get some idea .
A 15% tariff still puts them at a disadvantage when local Chinese EV companies qualify for subsidies that foreign EVs don't. Make them locally reduces the cost to consumers at least 25%. Every other car manufacturer has factories all over the world, shipping all over the world isn't cheap, or great for the environment, getting parts and vehicles made locally is cheaper.
When Toyota and GM ran the plant Tesla is in now their max car production was 486k, so how the fuck is Elon going to do more than double in the same space? I want details, not just bullshit proclamations backed up with no evidence. What do you know that Tesla, GM, and Toyota don't?
New Tesla registrations in California nearly halves in fourth quarter: data
Why are you cherrypicking? They delivered a record 112k globally, sales are not in decline. A record cold day in one state during the hottest decade on record globally doesn't disprove GLOBAL warming. The statement that California is a bellwhether is disproven by the fact that even though sales in one state may have been less than usual, doesn't disprove the fact that they set a global sales record.
The building blocks is what you learn in high school, someone with a high school level knowledge of a subject isn't going to be better than someone with a PhD and decades of experience.
The goal of this EV “Core Efficiency” formula is to control for vehicle weight variance in order to evaluate technology and design efficiency. EV efficiency is impacted by many variables: electric drivetrain efficiency, battery capacity and energy density, frontal surface area, drag coefficient, vehicle weight, etc. Tesla electric drivetrain is the cheapest, smallest, lightest, most powerful, and most efficient. Tesla/Panasonic 2170 battery cells have industry leading specific energy density at ~260 Wh/kg. Tesla vehicles are the most aerodynamic in their class. Drag coefficients (Cd): Model 3 = 0.23, Model S = 0.24, Model X = 0.25.
EV efficiency is rated in Wh/Mile. This metric is ideal for evaluating vehicle energy usage. The less energy per mile traveled, the better. However, heavier vehicles require more energy to cover the same distance. This makes it difficult to evaluate automaker core technology and design efficiency when comparing vehicles of different weights and classes. kWh/Range/Weight = how many kWh does vehicle use per 100 miles of range and 1000 lbs of weight. Lower the kWh usage, the better “core efficiency”.
Tesla has a significant edge in “core efficiency” over legacy automakers. Given the same vehicle weight, Tesla can put less batteries in their vehicles to achieve the same range. Renault needs to put 25% more batteries into their EVs to achieve the same range, which adds weight, which means you need more batteries to offset additional weight to achieve the same range. Tesla also has the lowest cost per battery cell/module/pack. That’s a triple cost hit for legacy automaker EVs which results in a worse value proposition versus Tesla. Add purchase factors like performance/acceleration, aesthetics, supercharger network, brand status, software/UI, electronics integration, safety ratings, connectivity/OTA updates, auto-pilot, smartphone app, total cost of ownership, resale value, Tesla extends value prop edge
If French design is so great than why is the Renault Zoe drivetrain about 25% less efficient than Tesla's? Why does the massive SUV Tesla Model X (0.25) have a better drag coefficient than the Zoe (0.29)? Seems like the "overpriced talent" is 25% better than the French. You make all sorts of bold claims but the numbers don't lie, French design is not as efficient as Tesla's. So in order to compete they have to add 25% more batteries (the most expensive part of an EV) or cut their MSRP and sell for little to no profit.
A 15% tariff still puts them at a disadvantage when local Chinese EV companies qualify for subsidies that foreign EVs don't. Make them locally reduces the cost to consumers at least 25%. Every other car manufacturer has factories all over the world, shipping all over the world isn't cheap, or great for the environment, getting parts and vehicles made locally is cheaper.
Chinese subsidy is only $3700 for electric car now. 15% tarrif and $3700 subsidy is not big deal in $50K car. new factory cost enormously interms of fixed cost. It is far cheaper to scale up production in US to make product cheaper for US/Canadian consumers.
Electric cars suppose to have lesser parts to build so less need for local sourcing. and less spare parts to replace during life cycle so less need to make local suppliers happy. high end Toyota-Lexus are built in Japan and exported globally.
https://www.bloomberg.com/news/artic...pur-innovation The subsidy for pure battery electric cars with driving ranges of 400 kilometers (250 miles) and above will be cut by half, to 25,000 yuan ($3,700) per vehicle from 50,000 yuan,
When Toyota and GM ran the plant Tesla is in now their max car production was 486k, so how the fuck is Elon going to do more than double in the same space? I want details, not just bullshit proclamations backed up with no evidence. What do you know that Tesla, GM, and Toyota don't?
where you get this idea plant is at maximum?. GM and Toyota ran that plant more than a decade ago. robotics manufacturing technology has far advanced and electric vehicles have far less parts to handle in supply chain management.
Why are you cherrypicking? They delivered a record 112k globally, sales are not in decline. A record cold day in one state during the hottest decade on record globally doesn't disprove GLOBAL warming. The statement that California is a bellwhether is disproven by the fact that even though sales in one state may have been less than usual, doesn't disprove the fact that they set a global sales record.
they may have delivered globally. but you cannot ignore the fact the local market is no longer sustainable and neither is global market. California is the perfect place for electric vehicles interms of Weather, gas prices, income levels and the quantity of software engineers who like to play with that giant screen on Tesla.
The building blocks is what you learn in high school, someone with a high school level knowledge of a subject isn't going to be better than someone with a PhD and decades of experience.
I am well aware of it. Germany is built around Mittelstand. that's why slightly big and complex project. they simply comes short in management and technical skills.
The goal of this EV “Core Efficiency” formula is to control for vehicle weight variance in order to evaluate technology and design efficiency. EV efficiency is impacted by many variables: electric drivetrain efficiency, battery capacity and energy density, frontal surface area, drag coefficient, vehicle weight, etc. Tesla electric drivetrain is the cheapest, smallest, lightest, most powerful, and most efficient. Tesla/Panasonic 2170 battery cells have industry leading specific energy density at ~260 Wh/kg. Tesla vehicles are the most aerodynamic in their class. Drag coefficients (Cd): Model 3 = 0.23, Model S = 0.24, Model X = 0.25.
EV efficiency is rated in Wh/Mile. This metric is ideal for evaluating vehicle energy usage. The less energy per mile traveled, the better. However, heavier vehicles require more energy to cover the same distance. This makes it difficult to evaluate automaker core technology and design efficiency when comparing vehicles of different weights and classes. kWh/Range/Weight = how many kWh does vehicle use per 100 miles of range and 1000 lbs of weight. Lower the kWh usage, the better “core efficiency”.
Tesla has a significant edge in “core efficiency” over legacy automakers. Given the same vehicle weight, Tesla can put less batteries in their vehicles to achieve the same range. Renault needs to put 25% more batteries into their EVs to achieve the same range, which adds weight, which means you need more batteries to offset additional weight to achieve the same range. Tesla also has the lowest cost per battery cell/module/pack. That’s a triple cost hit for legacy automaker EVs which results in a worse value proposition versus Tesla. Add purchase factors like performance/acceleration, aesthetics, supercharger network, brand status, software/UI, electronics integration, safety ratings, connectivity/OTA updates, auto-pilot, smartphone app, total cost of ownership, resale value, Tesla extends value prop edge
If French design is so great than why is the Renault Zoe drivetrain about 25% less efficient than Tesla's? Why does the massive SUV Tesla Model X (0.25) have a better drag coefficient than the Zoe (0.29)? Seems like the "overpriced talent" is 25% better than the French. You make all sorts of bold claims but the numbers don't lie, French design is not as efficient as Tesla's. So in order to compete they have to add 25% more batteries (the most expensive part of an EV) or cut their MSRP and sell for little to no profit.
French designer built product that is priced like economy car with battery lease to make it even more affordable.. they not competing yet in higher priced vehicles or randomly electric vehicle plants. there whole host of issues behind it that's beyond scope of this discussion.
02-06-2019, 09:36 PM
like 20 miles?
