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Those model 3 are not ready to register now. there is more than 6 month wait time. i fully expect when the rolled out next year. Its registration and price will be much higher.
If you order a Tesla today, you pay the price it is today not what it is at delivery. I can't imagine that the cost to register a car will triple in the next 6 months but even if it does, that would impact all cars, even Acuras that are about the same price.
Originally Posted by SSFTSX
consider the poor performance of Fremont relative to investment. than you add Cyber truck and Tesla Semis complexity for Austin. and than all the business moving to Texas that create more pressure to find long term talent that want to work in factory.
Remember LM F-35 in Texas and it need 10K workers.
California not have any industry left. there is no competition for factory workers. if you want to work in factory. Tesla is the best in whole California. which may not be the case in Texas where there is even semiconductor fabs are present.
only Elon can make this kind of decision.
holy shit he says something that makes sense.
Originally Posted by Comfy
Fremont was purchased by Tesla when it was struggling to survive. At that time it was too good of a deal to pass up (~$40 million). Getting that plant allowed Tesla to secure the $465 million loan from Obama for model S production (since they needed a factory as a prerequisite for the loan), and here we are now.
That is one of the two money minting factories for Tesla, other one being Giga Shanghai. Did you forget that Tesla made about $10 billion in profits (the same as Ford made with its massive infrastructure and market share)? California may not be the best place for such businesses, but got to admit that Tesla made the best of the situation and is spreading out to greener pastures.
I’m sure by now Tesla can handle all the complexities of vehicle production whether it is semi or Cybertruck or ATV and they seem to have no problems attracting talent in Austin. The Tesla factory is even attracting a semiconductor chip factory by Samsung in the vicinity, so your argument (may be a typo) is void.
We love to hear your takes on EVs, even though they may seem ridiculous sometimes, they are hilarious and entertaining to read nonetheless. So keep it coming.
So...where is the semi, CT, and ATV at this point? I've so far already seen the F150 EV and the Rivian R1T. Only crickets from Tesla.
Also, that $10B in profits was from selling carbon credits not building cars. Just wait until they can't do that anymore.
Well for starters, you're already wrong. You said that they had $10B in profit...that chart you just posted shows that they had $10B in REVENUE. That's very different. They had $2.2B in gross profit which was then diluted down to $600M in operating profit. Ford had nearly $3.3B in operating profit in Q1 of 2021 which is 5.5x what Tesla made in the same period.
Well for starters, you're already wrong. You said that they had $10B in profit...that chart you just posted shows that they had $10B in REVENUE. That's very different. They had $2.2B in gross profit which was then diluted down to $600M in operating profit. Ford had nearly $3.3B in operating profit in Q1 of 2021 which is 5.5x what Tesla made in the same period.
Care to try again?
Look Comfy does not care what is between A to Z.... 10B Rev = $10B profit... there is no Cost of good sold and Tax. Similar logic, if Tesla could build 2 millions cars a year, they will all be sold year after year and no additional infrastructure needed.. it just happens...
GRUENHEIDE, Germany — The first cars to emerge from Tesla's new Berlin factory should roll off the production line as early as next month, CEO Elon Musk said at the site of the plant on Saturday, but added that volume production would take much longer to achieve.
Musk hopes to get the green light in coming weeks to start production at the site. The latest consultation on public concerns towards the site closes on Oct. 14, after which the Environment Ministry will make a decision.
"Starting production is nice, but volume production is the hard part," Musk told a cheering audience at a festival at the plant site, many of whom livestreamed the speech on social media. "It will take longer to reach volume production than it took to build the factory."
He said volume production would amount to 5,000 or "hopefully 10,000" vehicles per day, and battery cells would be made there in volume by the end of next year.
He also defended the factory against critics of its environmental impact, saying that it used "relatively little" water and that battery cell production was "sustainable".
Some local residents and environmental groups are unhappy with Musk's approach, which they say flies in the face of German business culture.
"I would tell him to stop building electrocars but rather fly to Mars," said Manu Hoyer, who led a small protest of locals who oppose the project on environmental grounds, saying it will pollute drinking water.
Brandenburg's economy minister has put the chances of the factory gaining approval to operate at 95%.
Tesla has submitted plans to invest 5 billion euros ($5.8 billion) in a battery plant with 50 GWh capacity next to the site, outstripping Volkswagen's planned 40GWh capacity site in Salzgitter.
Musk said Tesla was worried that recruiting sufficient staff would be an issue, calling for people to apply from "all over Europe".
He said he hoped the battery plant would reach volume production by the end of next year.
I agree with you partly, and therefore 1.5 million seems pretty reasonable to me.
I might want to give you an advise though. Don’t bet against Elon, cause you’ll lose. .
I agree with you partly, and therefore 1.5 million seems pretty reasonable to me.
I might want to give you an advise though. Don’t bet against Elon, cause you’ll lose. .
Dude, Tesla has built ~2.0M cars in its existence as a company let alone making 1.5M units in one year. I'm not betting on anything, in fact I'd love for them to sell more cars as the share value would go up but I don't think it's likely to happen any time soon.
Hey, "deluded asshole" checking in again. You're not still shorting this stock, right? Please tell me you didn't actually do it. TSLA closed at over $800 today, it closed at $593 when you made this post. They're weathering the chip crisis better than everyone, sales are way up, others are way down. 2 new factories are about to open in months, VW is shitting their pants. Please tell me you were just jk.
Do you really think a company that makes great vehicles and has a loyal fanbase that would love to invest more in this company is going to drop 10x in one year?
It is never wise to bet against a company with a great product
No wonder VW is undergoing the emergency meeting to discuss their future.
They are currently having their “Oh sh**” moment as predicted before.
Meanwhile American legacy are sitting pretty with no pretense of any concern, advertising themselves as “leaders of electric revolution”. Their time of reckoning is coming.
"The Big Short" investor Michael Burry told
CNBC Friday that he's no longer betting
against Tesla.
"No, it was a trade,
" Burry said in an email
exclusively to CNBC, when asked if he's still
shorting Tesla.
"Media really inflated the
value of these things. I was never short tens
or hundreds of millions of any of these things
through options, as was reported. The
options bets were extremely asymmetric, and
the media was off by orders of magnitude.”
Burry, one of the first investors to call and
profit from the subprime mortgage crisis,
owned 10,755 put contracts of Tesla at the
end of the second quarter, according to
filings. A put options contract gives the owner
the right to sell a security at certain time for a
certain price and so it increases in value if the
stock declines below the so-called strike
price.
Where some of the confusion may lie is that
each single options contract is tied to 100
shares of stock. So theoretically, Burry's bet
is tied to 1,075,500 shares of Tesla stock and
therefore his options bet had a so-called
notional value in the millions.
But it's not known how much money was
actually on the line for Burry as the filings
don't give the value, strike price or expiration
date.
The founder of Scion Asset Management
previously voiced concern about Tesla's
reliance on regulatory credits to generate
profits.
Shares of Tesla are up nearly 20% this year
following a 740% rally in 2020.
text stolen from screenshots of a paywalled article using iOS 15, I ain’t fixing the formatting
funny that the article that said he was shorting Tesla for hundreds of millions was widespread but the “LOL jk” article is behind a paywall
Tesla is competing with Honda Manufacturing Mexico that is backwater of Honda. all that funding and nothing to show. less color choice, less features, just adjustable cruise control selling point that not much better than other firms. https://insideevs.com/news/541117/us...imes-11months/
US: Tesla Estimated Delivery Times Extend To Up To 11 Months
The entry-level Tesla Model 3 requires some 10 months of waiting (7 months with 19" wheel option).
Tesla is competing with Honda Manufacturing Mexico that is backwater of Honda. all that funding and nothing to show. less color choice, less features, just adjustable cruise control selling point that not much better than other firms. https://insideevs.com/news/541117/us...imes-11months/
US: Tesla Estimated Delivery Times Extend To Up To 11 Months
The entry-level Tesla Model 3 requires some 10 months of waiting (7 months with 19" wheel option).
All those shortcomings and still 10 months wait time, that's something...right...?
The two new factories hopefully should change the tide by next year. Any other automotive factory that you know of which started in less than a year from a patch of land?
All those shortcomings and still 10 months wait time, that's something...right...?
The two new factories hopefully should change the tide by next year. Any other automotive factory that you know of which started in less than a year from a patch of land?
I don't think you get it but this is BAD BAD BAD. 10 months is a lot of time to wait and $100 isn't a lot of money to lose, if people find a different option, they're going to take it right away. Every customer you cannot sell to at the time of decision is a customer you may lose. If I were ordering now, I'd probably look elsewhere to be honest.
I don't think you get it but this is BAD BAD BAD. 10 months is a lot of time to wait and $100 isn't a lot of money to lose, if people find a different option, they're going to take it right away. Every customer you cannot sell to at the time of decision is a customer you may lose. If I were ordering now, I'd probably look elsewhere to be honest.
Comfy thinks it is absolutely impossible for the people who are on the current waiitng list to swtich to other cars.... 10 months? pshh... they would wait for 10 years if they have to.... Just like Comfy.. he is waiting for 2050 Model 3X333Y
All those shortcomings and still 10 months wait time, that's something...right...?
The two new factories hopefully should change the tide by next year. Any other automotive factory that you know of which started in less than a year from a patch of land?
Berlin and Chinese factory is irrelevant for US consumers. Berlin factory is simply a vanity project.
now we have Fremont and Austin. and both these combined will not reach 1 million vehicles. which is less than 10% of 2019 Vehicle sales rate. so all the hype of Tesla market cap. it hasnt provided products. Like decently priced 7 Seater SUV, Minivan or truck. Even the Model Y is overpriced relative to CRV.
practical range is 25% less than stated. Imagine Honda sells vehicle that has 25% worse fuel economy than EPA stated. it is unrefined Junk with wide turning circle.
Ride comfort isn’t a Model Y strong point. It has bigger wheels than an equivalent Model 3, with 19in rims fitted to the Long Range version as standard. Our car was equipped with optional 20s and was fairly unforgiving over ridges and potholes. It also jostled us around in our seat (particularly forwards and backwards) on roads that, to the eye, appeared quite smooth.
Noise and vibration
The Model Y is fairly noisy on the move. The interior is a bit of an echo chamber, actually, because there’s no parcel shelf and the roof is made of glass, which doesn’t absorb sound very well.
You hear a fair amount of road noise and boom from the suspension when you're driving. If you’re looking for an electric SUV that’s a hushed cruiser, particularly on the motorway, the iX3 and I-Pace are better options.
Comfy thinks it is absolutely impossible for the people who are on the current waiitng list to swtich to other cars.... 10 months? pshh... they would wait for 10 years if they have to.... Just like Comfy.. he is waiting for 2050 Model 3X333Y
Case in point...can't get a Model S right now so...
Since its dashing debut in September 2019, Porsche’s first fully electric car, the Taycan, has been a strong competitor with the similar looking Tesla Model S among high-end EV fans. Taycan has attracted a niche but loyal following, including Bill Gates, who chose it as his first electric car. Thanks to its rapidly growing appeal, this year the Porsche Taycan has official outsold Tesla’s Model S.The German luxury carmaker said on Friday it shipped 28,640 Taycans globally in the first three quarters of 2021. About 7,000 of those were sold in the U.S., representing a 150 percent jump from last year.
Over the same period, Tesla delivered a total of 13,185 Model S sedans and Model X SUVs. These two models are combined in Tesla’s quarterly delivery reports. The Model S and Model X now account for a tiny portion (less than 5 percent) of Tesla’s total delivery as the EV maker focuses on the mass market Model 3 and Model Y.
10-08-2021, 09:31 AM
