Tesla: Sales, Marketing, and Financial News

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Old 11-23-2021, 08:22 AM
  #2641  
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Originally Posted by SSFTSX
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.
Originally Posted by SSFTSX
As expected.


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.
It's been a couple of years, @SSFTSX , let's check in on the Model Y in California...


Last edited by #1 STUNNA; 11-23-2021 at 08:30 AM.
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Old 11-23-2021, 01:22 PM
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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.
Tesla German factory workers to set up union works council (autoblog.com)

​​​​​​​
Biker, who wonders if Elon regrets putting the factory in Germany.
Old 11-23-2021, 08:14 PM
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Yeah I’m not sure about all that, I think auto evolution may be misunderstanding Elon’s tweet, he never explicitly said they wouldn’t get any, he said don’t read too much into this. I think PepsiCo may be pressuring Tesla to make them some Semis, Tesla may be giving them special treatment. I would expect the Semi design is complete at this point, Elon has said many times that the delay is because of battery supply issues. I think Tesla is going to make a few Semis for PepsiCo real quick but everyone else has to wait.


Last edited by #1 STUNNA; 11-23-2021 at 08:18 PM.
Old 11-24-2021, 09:31 AM
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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?
Old 11-24-2021, 12:47 PM
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This reminds me of our production team... They are ALWAYS on time.... because they kept on changing the ETA
Old 11-25-2021, 10:52 PM
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Originally Posted by oonowindoo
This reminds me of our production team... They are ALWAYS on time.... because they kept on changing the ETA
Now a days all airlines are like that. If the delay is slightly more than they can tolerate, they simply cancel the flight so their average flight delays don’t suffer and they get to keep their stellar ratings.

I’m not holding my breath to see a semi rolling off the line this year.
Old 11-26-2021, 11:53 AM
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Old 11-26-2021, 12:39 PM
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Old 11-26-2021, 02:13 PM
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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.
Old 11-26-2021, 02:32 PM
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Originally Posted by #1 STUNNA
It's been a couple of years, @SSFTSX , let's check in on the Model Y in California...

https://twitter.com/SquawkCNBC/statu...21343587786754
There is only one Honda CRV at lot of largest SF bayarea Honda Dealer. this tell you how difficult is production.
https://www.andersonhonda.com/searchnew.aspx
Old 11-27-2021, 02:21 AM
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Originally Posted by Comfy
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.
As usual, there's a bit more to the story:

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.
Tesla Loses Battery Plant Subsidies for Giga Gruenheide Due to Delays - autoevolution
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Old 11-27-2021, 11:40 AM
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Originally Posted by biker
Yeah …..
Sounds like it was similar to Elon’s stock sale.
Old 11-29-2021, 09:15 AM
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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.
Memo From Elon Musk Asks Tesla Employees to Stop Rushing Deliveries - autoevolution
Old 11-29-2021, 11:07 AM
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just means they have officially passed the great barrier between startups and automotive majors. Quarterly sales are less important for Tesla going forwards.
Old 11-29-2021, 12:20 PM
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Old 12-01-2021, 02:38 AM
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Originally Posted by Comfy
just means they have officially passed the great barrier between startups and automotive majors. Quarterly sales are less important for Tesla going forwards.
US production is increasingly irrelevant and most of US middle class will be priced out soon from Tesla products.
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



Old 12-01-2021, 07:19 AM
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Ha ha ha. What a way to start a day.
Old 12-01-2021, 12:06 PM
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You got one didn’t you @#1 STUNNA ?

Old 12-01-2021, 12:13 PM
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LOL no

Cool product to milk more money from the Elon simps
Old 12-01-2021, 11:23 PM
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👀

Old 12-02-2021, 12:09 AM
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Didn’t they have those on display during the reveal of the cybertruck?
Old 12-02-2021, 07:22 AM
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Originally Posted by Mizouse
Didn’t they have those on display during the reveal of the cybertruck?
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.
Old 12-02-2021, 07:49 AM
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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
Old 12-04-2021, 07:21 PM
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Old 12-06-2021, 12:11 PM
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The competition is coming….Oops …….

https://driveteslacanada.ca/news/tes...igit-declines/

Tesla sales in Germany rise 234% in November as legacy automakers see double digit declines

December 6, 2021 Darryn John 0 Comments


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

Last edited by Comfy; 12-06-2021 at 12:13 PM.
Old 12-06-2021, 01:00 PM
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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.

Old 12-06-2021, 01:24 PM
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Originally Posted by oonowindoo
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.
Ah yes, the comfy conundrum. How do you spin a Tesla loss to a Tesla win??? Percentages sure are fun for clickbait but what about real numbers?

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?
Old 12-06-2021, 01:43 PM
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Historic dominance mean nothing in the future.
Old 12-06-2021, 01:47 PM
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Originally Posted by Comfy
Historic dominance mean nothing in the future.
We are talking about NOW.

Future.. well if you could look into future, then you wont be driving a RDX anymore.
Old 12-06-2021, 01:56 PM
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Originally Posted by Comfy
Historic dominance mean nothing in the future.
This isn't historic, it's right now and literally from the link you posted.
Old 12-06-2021, 05:23 PM
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So did say Nokia, Kodak, and blackberry
Old 12-06-2021, 05:33 PM
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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.
Old 12-06-2021, 09:30 PM
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Originally Posted by Comfy
So did say Nokia, Kodak, and blackberry
In their time all of those brands were killing it. Their issue was they refused to evolve with the times. Not the case for automakers who are going gangbusters over EVs.
Old 12-07-2021, 04:07 PM
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Originally Posted by Comfy
Historic dominance mean nothing in the future.
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

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.

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.”
Old 12-07-2021, 06:02 PM
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Originally Posted by AZuser
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
Two things to know about comfy.
1. Actively roots for "legacy" to fail.
2. Tesla uber alles!
Old 12-07-2021, 06:05 PM
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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!!
Old 12-07-2021, 07:12 PM
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Originally Posted by oonowindoo
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.
Fixed
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Old 12-08-2021, 08:54 AM
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Originally Posted by oonowindoo
We are talking about NOW.

Future.. well if you could look into future, then you wont be driving a RDX anymore.
Originally Posted by SamDoe1
This isn't historic, it's right now and literally from the link you posted.

This what “now” looks like.

Old 12-08-2021, 09:03 AM
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Originally Posted by pttl
Two things to know about comfy.
1. Actively roots for "legacy" to fail.
2. Tesla uber alles!
I didn’t want legacy to fail. I wanted them to make good quality EVs at reasonable price, which they didn’t.
I hate dealership games and would root for their removal.
Old 12-08-2021, 09:11 AM
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Originally Posted by Comfy
Oh fuck, the goalposts where right there and then POOF, they just moved!

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.


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