Tesla: Sales, Marketing, and Financial News
#2641
Sanest Florida Man
i think most Tesla owner when experiance it. try to sell it within two years and goes back to ICE cars.
you can see it California registeration decline in half. If Model Y was so popular. it should have been replacing the older Model S and Model X and Model 3 at higher rates.
you can see it California registeration decline in half. If Model Y was so popular. it should have been replacing the older Model S and Model X and Model 3 at higher rates.
As expected.
https://www.reuters.com/article/us-t...KCN24H005?il=0
Model 3 registrations in the state, which accounted for more than half of the total registrations, fell 63.6% to 5,951 vehicles.
Total vehicle registrations in the 23 states from where the data was collected fell nearly 49% to 18,702 vehicles.
https://www.reuters.com/article/us-t...KCN24H005?il=0
Tesla registrations in California nearly halve in second quarter: data
The report released on Wednesday showed registrations in California, a bellwether market for the electric-car maker, plummeted almost 48% from a year earlier to 9,774 vehicles in the three months ended June 2020.Model 3 registrations in the state, which accounted for more than half of the total registrations, fell 63.6% to 5,951 vehicles.
Total vehicle registrations in the 23 states from where the data was collected fell nearly 49% to 18,702 vehicles.
Last edited by #1 STUNNA; 11-23-2021 at 08:30 AM.
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Comfy (11-23-2021)
#2642
Race Director
BERLIN — Employees at Tesla's huge new factory near Berlin will elect a works council to represent their interests, a German trade union said on Tuesday.
The IG Metall trade union said seven employees had taken the first step towards setting up a works council, planning to choose an election committee on Nov. 29.
"A works council ensures that the interests of the workforce have a voice and a weight. This is in line with the democratic work culture in Germany," said Birgit Dietze, IG Metall district leader in Berlin, Brandenburg and Saxony. The Tesla plant near Berlin will employ 12,000 workers, although only about a sixth of that have been hired so far, meaning the election of a works council will not take place soon, IG Metall said.
IG Metall has said applicants have told it that Tesla, whose CEO Elon Must is known for his rocky relationship with organized labor, is offering pay 20% below the collectively bargained wages offered at other German automakers.
Tesla is also shaking up conventional German contracts by offering packages with stock options and bonuses rather than predetermined holiday pay.
Tesla did not immediately respond to a phone call or email request for comment.
Earlier this year, Musk was ordered to delete a 2018 tweet threatening that U.S. employees would lose their stock options if they formed a union.
Musk has made his irritation for German laws and processes known, saying in a letter to authorities in April that the country's complex planning requirements were at odds with the urgency needed to fight climate change.
The IG Metall trade union said seven employees had taken the first step towards setting up a works council, planning to choose an election committee on Nov. 29.
"A works council ensures that the interests of the workforce have a voice and a weight. This is in line with the democratic work culture in Germany," said Birgit Dietze, IG Metall district leader in Berlin, Brandenburg and Saxony. The Tesla plant near Berlin will employ 12,000 workers, although only about a sixth of that have been hired so far, meaning the election of a works council will not take place soon, IG Metall said.
IG Metall has said applicants have told it that Tesla, whose CEO Elon Must is known for his rocky relationship with organized labor, is offering pay 20% below the collectively bargained wages offered at other German automakers.
Tesla is also shaking up conventional German contracts by offering packages with stock options and bonuses rather than predetermined holiday pay.
Tesla did not immediately respond to a phone call or email request for comment.
Earlier this year, Musk was ordered to delete a 2018 tweet threatening that U.S. employees would lose their stock options if they formed a union.
Musk has made his irritation for German laws and processes known, saying in a letter to authorities in April that the country's complex planning requirements were at odds with the urgency needed to fight climate change.
Biker, who wonders if Elon regrets putting the factory in Germany.
#2643
Sanest Florida Man
Last edited by #1 STUNNA; 11-23-2021 at 08:18 PM.
#2644
Ex-OEM King
You are aware it's almost December right? Wouldn't we have seen these trucks starting to roll off the line for final test already? Any manufacturing validation units running around?
#2645
Team Owner
This reminds me of our production team... They are ALWAYS on time.... because they kept on changing the ETA
#2646
I’m not holding my breath to see a semi rolling off the line this year.
#2647
Sanest Florida Man
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Comfy (11-26-2021)
#2648
Sanest Florida Man
#2649
Wow. Nice way to say that: no, we don’t want any more interruptions and government interference in our business. They can keep the loan for themselves or for the Dino laggards.
#2650
It's been a couple of years, @SSFTSX , let's check in on the Model Y in California...
https://twitter.com/SquawkCNBC/statu...21343587786754
https://twitter.com/SquawkCNBC/statu...21343587786754
https://www.andersonhonda.com/searchnew.aspx
#2651
Race Director
Jean de la Fontaine may be dead for more than 400 years, but his fables are still spot on when it comes to modern life. Take “The Fox and the Grapes:” it describes precisely how Tesla and Elon Musk reacted to the fact that they lost €1.1 billion ($1.132 billion at the current exchange rate) in subsidies to build a battery factory at Giga Grünheide.
16 photos
As Financial Times stressed, the European Union law for these incentives states that the funds are only for the “first industrial development” of the technology. We have no idea what the advantage is, especially if Tesla can build other factories elsewhere for the same cells shortly after that – or even simultaneously. Regardless, rules are rules, and this one determines Tesla is not eligible.
Its priority for when the 4680 cells are finally ready is very likely the Cybertruck. With a long waiting list for it, the company has to focus on delivering these vehicles. Apart from that, Tesla also said it has a pilot plant for the 4680 batteries close to its Fremont factory, on Kato Road. It may be enough to count as the first attempt to produce these batteries, even if they are not ready yet.
Instead of waiting for a negative answer, Tesla preferred to withdraw its request for subsidies. Elon Musk was quick to say that “it has always been Tesla’s view that all subsidies should be eliminated, but that must include the massive subsidies for oil & gas.” Sour grapes, you know? Which does not match with accepting subsidies for multiple other things.
Thanks to them, Tesla chose Grünheide for its factory. It has done the same in Texas because of incentives. Tesla took carbon credits for years and still does: it was only profitable in multiple quarters due to them. Even Fremont was bought with California’s help and tax incentives.
In other tweets, Musk seems to argue that subsidies are harmful but that everybody else takes them, so... Tesla would be just making the game more even by doing the same. That does not seem precisely coherent.
Like La Fontaine’s fox, Tesla and Elon Musk could not reach the subsidies for the battery plant, so they decided to pretend they did not want them. Some people will defend Musk’s version of the story with all their hearts. Too bad it is not true: if it were, Tesla would not have applied for them in the first place.
16 photos
As Financial Times stressed, the European Union law for these incentives states that the funds are only for the “first industrial development” of the technology. We have no idea what the advantage is, especially if Tesla can build other factories elsewhere for the same cells shortly after that – or even simultaneously. Regardless, rules are rules, and this one determines Tesla is not eligible.
Its priority for when the 4680 cells are finally ready is very likely the Cybertruck. With a long waiting list for it, the company has to focus on delivering these vehicles. Apart from that, Tesla also said it has a pilot plant for the 4680 batteries close to its Fremont factory, on Kato Road. It may be enough to count as the first attempt to produce these batteries, even if they are not ready yet.
Instead of waiting for a negative answer, Tesla preferred to withdraw its request for subsidies. Elon Musk was quick to say that “it has always been Tesla’s view that all subsidies should be eliminated, but that must include the massive subsidies for oil & gas.” Sour grapes, you know? Which does not match with accepting subsidies for multiple other things.
Thanks to them, Tesla chose Grünheide for its factory. It has done the same in Texas because of incentives. Tesla took carbon credits for years and still does: it was only profitable in multiple quarters due to them. Even Fremont was bought with California’s help and tax incentives.
In other tweets, Musk seems to argue that subsidies are harmful but that everybody else takes them, so... Tesla would be just making the game more even by doing the same. That does not seem precisely coherent.
Like La Fontaine’s fox, Tesla and Elon Musk could not reach the subsidies for the battery plant, so they decided to pretend they did not want them. Some people will defend Musk’s version of the story with all their hearts. Too bad it is not true: if it were, Tesla would not have applied for them in the first place.
#2652
As usual, there's a bit more to the story:
Tesla Loses Battery Plant Subsidies for Giga Gruenheide Due to Delays - autoevolution
Tesla Loses Battery Plant Subsidies for Giga Gruenheide Due to Delays - autoevolution
Sounds like it was similar to Elon’s stock sale.
#2653
Race Director
While vehicle deliveries were delayed for most brands throughout 2021 due to the chip shortage and other issues, a recent memo from Elon Musk stands out as being unusual. Tesla's CEO urged company employees to stop rushing orders to obtain record deliveries and focus on reducing costs instead.
14 photos
Last year, Tesla Motors delivered almost 500,000 vehicles, but the first three quarters of 2021 brought an excess of 637,000 units delivered. That is a serious increase in deliveries, but customers still must wait months to get the vehicles they wanted.
At this point, you might ask yourself why the CEO of a company would ask employees to avoid rushing into deliveries. Well, the answer is simple, and it is provided in the memo that was emailed to employees and obtained by CNBC. Rushing to deliver vehicles in Q4 brings increased spending on overtime, temporary contractors, and expedite fees.
As Elon Musk pointed out in the memo, this is a historic occurrence within the company, and it is followed by a "massive drop in deliveries in the first few weeks of the new quarter."
Musk points out that the effects of this rush over six months are that there is no effective boost in deliveries, but just an increase in expenses to accelerate deliveries in the last two weeks of each quarter, which leads to burnout among employees.
Going forward, Elon Musk wants to obtain "a steadier and more efficient pace of deliveries." The latter would bring more predictability to the company, which is something that would be appreciated by customers, employees, and stockholders.
Tesla has not provided a target for deliveries in 2021, which means that there would be no reason for a rush to get as many as possible by the end of the quarter, except for bragging rights. However, those who have ordered a Tesla vehicle and are waiting for it to arrive will have a different opinion on the matter.
As usual, when discussing a matter of cost per unit, actions that increase the expenditure for the delivery of a vehicle might be ignored at first, but they can lead to excessive costs if they happen to more units.
Imagine having to spend an extra $5 on the delivery of a new vehicle. If you put the $5 next to the price of a new vehicle, it would be a drop in the ocean, but multiply the $5 by the number of deliveries, and you end up with a nightmare.
14 photos
Last year, Tesla Motors delivered almost 500,000 vehicles, but the first three quarters of 2021 brought an excess of 637,000 units delivered. That is a serious increase in deliveries, but customers still must wait months to get the vehicles they wanted.
At this point, you might ask yourself why the CEO of a company would ask employees to avoid rushing into deliveries. Well, the answer is simple, and it is provided in the memo that was emailed to employees and obtained by CNBC. Rushing to deliver vehicles in Q4 brings increased spending on overtime, temporary contractors, and expedite fees.
As Elon Musk pointed out in the memo, this is a historic occurrence within the company, and it is followed by a "massive drop in deliveries in the first few weeks of the new quarter."
Musk points out that the effects of this rush over six months are that there is no effective boost in deliveries, but just an increase in expenses to accelerate deliveries in the last two weeks of each quarter, which leads to burnout among employees.
Going forward, Elon Musk wants to obtain "a steadier and more efficient pace of deliveries." The latter would bring more predictability to the company, which is something that would be appreciated by customers, employees, and stockholders.
Tesla has not provided a target for deliveries in 2021, which means that there would be no reason for a rush to get as many as possible by the end of the quarter, except for bragging rights. However, those who have ordered a Tesla vehicle and are waiting for it to arrive will have a different opinion on the matter.
As usual, when discussing a matter of cost per unit, actions that increase the expenditure for the delivery of a vehicle might be ignored at first, but they can lead to excessive costs if they happen to more units.
Imagine having to spend an extra $5 on the delivery of a new vehicle. If you put the $5 next to the price of a new vehicle, it would be a drop in the ocean, but multiply the $5 by the number of deliveries, and you end up with a nightmare.
#2654
#2655
Sanest Florida Man
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Comfy (11-29-2021)
#2656
If everything is due to China than. whats left for Taiwan.
https://www.taiwannews.com.tw/en/news/4361821
Space X bankruptcy to bring Taiwanese suppliers crashing down to Earth
Taiwan tech’s fingerprints all over Space X satellites
#2657
Ha ha ha. What a way to start a day.
#2658
Moderator
Join Date: Oct 2004
Location: Not Las Vegas (SF Bay Area)
Age: 40
Posts: 63,235
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#2659
Sanest Florida Man
LOL no
Cool product to milk more money from the Elon simps
Cool product to milk more money from the Elon simps
#2660
Sanest Florida Man
👀
#2661
Moderator
Join Date: Oct 2004
Location: Not Las Vegas (SF Bay Area)
Age: 40
Posts: 63,235
Received 2,785 Likes
on
1,985 Posts
Didn’t they have those on display during the reveal of the cybertruck?
#2662
I believe that was an adult size quad shown during the Cybertruck reveal.
This one is a kids only riding quad with extremely limited capabilities and top speed of 10 mph. Still hugely expensive for what it offers.
This one is a kids only riding quad with extremely limited capabilities and top speed of 10 mph. Still hugely expensive for what it offers.
#2663
Sanest Florida Man
15mph range is nice (I hope the seat is comfy) but top speed of 10 mph is
I wonder what the weight limit is
The 10mph top speed def means it's targeted at kids
I wonder what the weight limit is
The 10mph top speed def means it's targeted at kids
#2664
Sanest Florida Man
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Comfy (12-05-2021)
#2665
The competition is coming….Oops …….
https://driveteslacanada.ca/news/tes...igit-declines/
Even before Giga Berlin opens its doors, Tesla is showing off its dominance in the German automotive market.In the month of November, Tesla sales rose 234% while at the same time overall car sales in Germany plunged 32%.
The strong performance by Tesla is indicative of an overall shift to from gas and diesel powered cars to electric.
Last month sales of all-electric vehicles increased 39%, giving EVs a market share of 20.3%.
Diesel-powered cars saw sales decline 56%, giving them a market share of 15.8%. Gas car sales didn’t fair much better, dropping 44% for a 33.3% market share.
A major reason for the large drop in sales continues to be the global chip shortage, a problem which Tesla has been able to weather particularly well due to its ability to shift to new suppliers.
According to data from the KBA motor authority (via Automotive News), legacy automakers have not been as nimble.
The two biggest losers were Mazda and Ford, which saw sales drop 59% and 55% respectively.
Nissan (-49%), Citroen (-47%), and Jaguar (-46%) were not far behind.
Even German automakers were not immune to the large declines. Audi’s sales fell 45%, VW saw sales drop 42%, while Mercedes-Benz and BMW sales were down 37% and 32% respectively.
************************
The storm has started even before the Giga Berlin opening. Bwaaahahahahahaha
Tesla sales in Germany rise 234% in November as legacy automakers see double digit declines
December 6, 2021 Darryn John 0 CommentsEven before Giga Berlin opens its doors, Tesla is showing off its dominance in the German automotive market.In the month of November, Tesla sales rose 234% while at the same time overall car sales in Germany plunged 32%.
The strong performance by Tesla is indicative of an overall shift to from gas and diesel powered cars to electric.
Last month sales of all-electric vehicles increased 39%, giving EVs a market share of 20.3%.
Diesel-powered cars saw sales decline 56%, giving them a market share of 15.8%. Gas car sales didn’t fair much better, dropping 44% for a 33.3% market share.
A major reason for the large drop in sales continues to be the global chip shortage, a problem which Tesla has been able to weather particularly well due to its ability to shift to new suppliers.
According to data from the KBA motor authority (via Automotive News), legacy automakers have not been as nimble.
The two biggest losers were Mazda and Ford, which saw sales drop 59% and 55% respectively.
Nissan (-49%), Citroen (-47%), and Jaguar (-46%) were not far behind.
Even German automakers were not immune to the large declines. Audi’s sales fell 45%, VW saw sales drop 42%, while Mercedes-Benz and BMW sales were down 37% and 32% respectively.
************************
The storm has started even before the Giga Berlin opening. Bwaaahahahahahaha
Last edited by Comfy; 12-06-2021 at 12:13 PM.
#2666
Team Owner
So what is the actual sales #? 2 is 100% increase over 1. It means absolutely nothing if you dont put #s into the %.
But yes shortage has nothing to do with this.. Tesla is the reason why everyone else's sales is down.
But yes shortage has nothing to do with this.. Tesla is the reason why everyone else's sales is down.
#2667
Ex-OEM King
For November in Germany BMW sold 16738 units, Audi sold 10548, MB sold 20586, VW sold 29561.
Tesla sold 5613.
Doing the math that means the 234% gain means that last time around they sold about 2400 units.
Gets even more fun for YTD sales. Audi sold 167629, BMW sold 205639, MB sold 204345, VW sold 451291.
Tesla sold 33052.
#winning?
#2668
Historic dominance mean nothing in the future.
#2669
Team Owner
#2670
Ex-OEM King
#2671
So did say Nokia, Kodak, and blackberry
#2672
Team Owner
or HD DVD, VHS, VCR, PS2, Wii, Diablo 3... Are we just naming things from the past now?
What does that have to do with posting deceiving data?
Last edited by oonowindoo; 12-06-2021 at 05:35 PM.
#2673
Ex-OEM King
#2674
You make it seem as though the legacy auto makers are sitting around doing nothing. That's not the case.
BMW (and others) is ramping up their EV offerings and they expect to grow EV sales by more than 50% annually
which happens to be the same rate of growth Tesla is expecting
BMW (and others) is ramping up their EV offerings and they expect to grow EV sales by more than 50% annually
E-mobility expanding at faster pace -- high growth rates achieved
The BMW Group is swiftly and systematically expanding its range of electrified models. With demand for electrified vehicles on the rise, it sold 231,575 fully electric and plug-in hybrid vehicles during the first nine months of 2021, twice as many as one year earlier (2020: 116,400 units; +98.9%). Sales of fully electric vehicles grew particularly dynamically, rising by 121.4% to 59,688 units (2020: 26,957 units).
In the period up to 2025, the BMW Group is set to grow its sales of fully electric vehicles by an average of more than 50% annually, delivering around two million fully electric vehicles to customers by the middle of the decade.
The BMW Group is swiftly and systematically expanding its range of electrified models. With demand for electrified vehicles on the rise, it sold 231,575 fully electric and plug-in hybrid vehicles during the first nine months of 2021, twice as many as one year earlier (2020: 116,400 units; +98.9%). Sales of fully electric vehicles grew particularly dynamically, rising by 121.4% to 59,688 units (2020: 26,957 units).
In the period up to 2025, the BMW Group is set to grow its sales of fully electric vehicles by an average of more than 50% annually, delivering around two million fully electric vehicles to customers by the middle of the decade.
which happens to be the same rate of growth Tesla is expecting
Tesla repeated a previous forecast that sales would grow about 50 percent per year on average for the next few years, but the company cautioned that “semiconductor shortages, congestion at ports and rolling blackouts have been impacting our ability to keep factories running at full speed.”
#2675
My first Avatar....
You make it seem as though the legacy auto makers are sitting around doing nothing. That's not the case.
BMW (and others) is ramping up their EV offerings and they expect to grow EV sales by more than 50% annually
which happens to be the same rate of growth Tesla is expecting
BMW (and others) is ramping up their EV offerings and they expect to grow EV sales by more than 50% annually
which happens to be the same rate of growth Tesla is expecting
1. Actively roots for "legacy" to fail.
2. Tesla uber alles!
#2676
Team Owner
well he claimed in 2020 that Robotaxi will be here for everyone by 2022... well..... Here we are and I can't wait to ride in my first Robotaxi in 3 weeks!!
#2677
well he claimed in 2020 2019 that Robotaxi will be here for everyone by 2022 2020 ... well..... Here we are, it's almost 2022, and I still can't wait to ride in my first a Tesla Robotaxi in 3!! because Tesla Full Self-Driving does not work as promised.
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#2678
#2679
#2680
Ex-OEM King
The link you posted before was for Germany not Norway and it was also for ALL sales, not just EV sales.
pls try again kthx.