Tesla: Sales, Marketing, and Financial News

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Old 06-25-2022, 09:00 AM
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Yep the front upper ball joins are trash and make noise. They're just going to fill it with grease until it eventually fails.
Old 06-30-2022, 04:52 AM
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Tesla's layoffs continue as the company sees to reduce its head count by 10 percent, but they don't seem to be restricted to salaried employees.

According to a Bloomberg news report citing people familiar with the matter, the EV maker has laid off about 200 hourly workers who processed data at its San Mateo office in California. The people were working on Tesla's Autopilot team at the facility, which was shuttered.

Prior to the cuts, the San Mateo office had about 350 employees, but some had been transferred to a nearby facility in recent weeks. The unnamed sources claim the majority of those who were let go were hourly workers. That seems to contradict Tesla CEO Elon Musk's stated plans to cut 10 percent of salaried staff while increasing hourly jobs.

The people working at the San Mateo office were employed in evaluating customer vehicle data related to the Autopilot driver-assistance features and performed data labeling. Many of them were data annotation specialists, all of which are hourly positions, according to one of the sources.

The work they did consisted mostly of labeling images for cars and the environment they navigate, such as street signs and traffic lanes, with the goal of improving Autopilot. That said, one source claims Tesla has continued to expand its Autopilot data-labeling teams at its office in Buffalo, New York, where staff doing the same role are paid a lower hourly rate than in San Mateo.

After a surge in hiring in recent years that increased its headcount to about 100,000 employees globally, Tesla has started to trim its ranks. Earlier this month, Elon Musk said layoffs would be necessary in an increasingly shaky economic environment. He said that about 10 percent of salaried employees would lose their jobs over the next three months, though the overall headcount could be higher in a year.

The company's downsizing efforts have focused on areas that grew too quickly, with some human resources workers and software engineers being among those who have been laid off. In some cases, the cuts affected employees who had been with the company for just a few weeks.

Tesla did not comment on the report.
Tesla Closes San Mateo Office, Lays Off 200 From Autopilot Team (insideevs.com)
Old 06-30-2022, 10:08 AM
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The work they did consisted mostly of labeling images for cars and the environment they navigate, such as street signs and traffic lanes, with the goal of improving Autopilot. That said, one source claims Tesla has continued to expand its Autopilot data-labeling teams at its office in Buffalo, New York, where staff doing the same role are paid a lower hourly rate than in San Mateo.
​​​​​​​Well this explains why AP has so many issues.
Old 06-30-2022, 10:11 AM
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Same job, less pay.
Old 06-30-2022, 12:11 PM
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It is Auto Pilot, it will solve the issues on its own and including R&D, Implementation and Testing.

Soon it will be able to fill out application and deal with the Regulatory agencies.

Automagic
Old 07-01-2022, 07:32 AM
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SAN FRANCISCO — Tesla Inc is expected to end its nearly two-year-long run of record quarterly deliveries as a prolonged COVID-related shutdown in Shanghai hit its production and supply chain, highlighting the risks of its reliance on China.

While Tesla Chief Executive Elon Musk has been pursuing the acquisition of social media platform Twitter Inc, his crown jewel, Tesla, has grappled with production glitches in China and slow output growth at new factories in Texas and Berlin.

Analysts expect Tesla to report deliveries of 295,078 vehicles for the second quarter as early as Friday, according to Refinitiv data. Several analysts have slashed their estimates further to about 260,000 due to China's prolonged lockdown.

This would be down from its record deliveries of 310,048 the preceding quarter, marking Tesla's first quarter-on-quarter decline in deliveries since the first quarter of 2020.

The world's most valuable automaker has posted record deliveries every quarter since the third quarter of 2020, weathering pandemic and supply-chain disruptions better than most automakers.

China has been instrumental in Tesla's rapid increase of vehicle production and Musk has praised workers there for "burning the 3 a.m. oil."

But China's prolonged zero-COVID lockdown - Wedbush analyst Dan Ives called it Tesla's "albatross" this quarter — caused deeper disruptions to output than Musk predicted. Tesla's low-cost, lucrative Shanghai factory produced roughly half of the company's total cars delivered last year, and Ives estimated the shutdown wiped out about 70,000 units in the quarter.

Musk said in April that Tesla's overall vehicle production in the second quarter would be "roughly on par" with the first quarter, driven by a China rebound. But he recently said Tesla had a "very tough quarter," citing production and supply-chain challenges in China.

Musk also said Tesla's new factories in Texas and Berlin are "gigantic money furnaces" losing billions of dollars as they struggle to increase production quickly. He said the carmaker's supply-chain problems are not over and keeping the factories running remains a concern.

"The key question is the magnitude of the (China production) decline and whether the Fremont (California) factory was able to help support volumes," CFRA Research analyst Garrett Nelson said.

He expects volumes to rebound strongly in the second half of the year, as Tesla boosts production at the Shanghai factory with the easing of a COVID-19 lockdown.

Gene Munster, managing partner at venture capital firm Loup Ventures, was cautious about the outlook, saying the third quarter will be difficult for Tesla and other tech firms, citing a risk of recession.

Tesla has been laying off hundreds of employees in the United States, after Musk early this month told executives that he had a "super bad feeling" about the economy and needed to cut about 10% of staff at the electric car maker.

Nevertheless, Musk has said demand for Tesla vehicles remains strong.

Tesla shares have fallen 37% since early April, hurt by Musk's Twitter deal and the China lockdown.

Musk, a prolific Twitter user who this week passed the 100 million follower mark, has not been tweeting for over a week.

Cowen analyst Jeffrey Osborne said in a report, "investors are growing fatigued with Elon's rants" on the Twitter saga, politics and other topics.

"Many we speak to are questioning if we have reached 'peak Elon.'"
Tesla's run of record deliveries may be reaching end of the road (autoblog.com)
Old 07-01-2022, 01:20 PM
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There's a chance we could get a surprise in delivery numbers like Nio, XPeng, and Li Auto saw.

https://www.cnbc.com/2022/07/01/nio-...vid-wanes.html

Chinese automaker Nio reports record EV sales in June as Covid wave fades, but it still lags XPeng and Li Auto

Fri, Jul 1 2022

Key Points
.
  • Nio delivered almost 13,000 vehicles in June, its best-ever total and its first result over 10,000 since December.
  • Both XPeng and Li Auto delivered even more vehicles, as China’s auto industry looks to have rebounded from the latest Covid wave.
  • All three automakers in their monthly deliveries reports confirmed that their new models remain on track to launch later this year.

We'll probably get Tesla's numbers tomorrow
Old 07-02-2022, 11:54 AM
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https://www.cnbc.com/2022/07/02/tesl...n-numbers.html

Tesla delivered 254,695 electric vehicles in the second quarter of 2022

Sat, Jul 2 2022

Tesla just posted its second-quarter vehicle production and delivery numbers for 2022. Here are the key numbers:
.
  • Total deliveries Q2 2022: 254,695
  • Total production Q2 2022: 258,580

Delivery numbers, which are the closest approximation of sales reported by Tesla, fell just shy of analysts’ expectations.

According to a consensus compiled by FactSet-owned Street Account, analysts were expecting deliveries of 256,520 vehicles for the quarter, which was marked by Covid restrictions, supply chain snarls, semiconductor chip and other parts shortages.

Last year, Tesla delivered 201,250 vehicles in the second quarter, its first time delivering more than 200,000 units in a three-month period. In the first quarter of 2022, Tesla delivered 310,048 vehicles.

Today’s delivery numbers represented sales growth of 26.5% year-over-year, and a 17.9% decrease sequentially for Elon Musk’s electric vehicle venture.

The company has soft-guided to around 50% average annual growth, long-term, depending on manufacturing capacity and other factors.

In Tesla’s first-quarter shareholder deck, the company said, “We plan to grow our manufacturing capacity as quickly as possible. Over a multi-year horizon, we expect to achieve 50% average annual growth in vehicle deliveries.”

In China this quarter, Tesla had to shut down or only allow partial operations at its Shanghai factory for weeks due to covid-related public health orders. (FactSet noted that some analysts’ projections were excluded from the StreetAccount consensus if they did not take into account the Shanghai factory shutdown.)

Other supply chain snarls, worsened by Russia’s brutal invasion of Ukraine, also impacted Tesla and the broader auto industry during the quarter.

Separately, Tesla is grappling with the high costs of building out and starting up production at new factories in Austin, Texas and near Berlin in addition to its Fremont, California and Shanghai plants. CEO Elon Musk has publicly lamented that the new factories are costing Tesla billions, but have not yet been able to make enough vehicles and batteries to justify their costs.

As startups and legacy automakers offer more new electric vehicles, Tesla’s share of the global and domestic EV market is expected to decrease but remain substantial.


https://ir.tesla.com/press-release/t...second-quarter

Tesla will post its financial results for the second quarter of 2022 after market close on Wednesday, July 20, 2022. At that time, Tesla will issue a brief advisory containing a link to the Q2 2022 update, which will be available on Tesla’s Investor Relations website. Tesla management will hold a live question and answer webcast that day at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss the Company’s financial and business results and outlook.
Old 07-08-2022, 01:19 PM
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https://www.wsj.com/articles/china-c...ed-11657278188

China Car Sales Jump as Covid Curbs Relaxed

July 8, 2022

China’s car sales rose almost 23% in June from a year earlier as production recovered in lockdown-hit Shanghai to meet pent-up demand and government cash incentives stimulated purchases in the world’s biggest auto market.

Sales for passenger cars also rose sharply to 1.94 million in June from 1.35 million vehicles in May, the China Passenger Car Association said Friday, a sign of buyers making up for lost time after falls in recent months caused by pessimism over the economy and social restrictions to fight the pandemic.

Production also grew 46% from a year ago to 2.2 million vehicles, signaling that the industry has mostly recovered its capacity following a slump as China imposed tough lockdowns amid a Covid-19 outbreak that affected its automotive manufacturing center near Shanghai.

The passenger-car market saw “explosive growth” in June, said Cui Dongshu, the association’s secretary-general.

Tesla Inc. was among car makers seeing the strongest rebound following a three-month slump that ended in May. Last month it sold over 78,000 units, more than doubling that of May and up from just 1,512 vehicles in April, when its plant was unable to operate under Shanghai’s strict Covid-19 lockdown. Most of the June deliveries were sold domestically, with only 968 cars exported.

As Tesla recovers from its production stalling, the U.S. car maker’s sales have slipped behind the Warren Buffett-backed BYD Co. Ltd, which saw a 177% increase in combined sales of hybrid and electric vehicles in June from a year earlier. BYD is based in southern China and was largely unaffected by the shutdowns in central China.

China’s automobile gains were propelled by the rising sales of electric and hybrid vehicles, which overall more than doubled in June from a year earlier.


[ . . . ]
Old 07-10-2022, 07:22 AM
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Forgot to add that Model Y was the best selling SUV in June in China, including every vehicle sold (ICE and hybrids).

And this isn’t some remote European country where 5000 cars are sold annually, but the country with the world’s largest auto market.

Okay guys, this is what Tesla has been predicting will happen in near future all over the world. Now that the luxury automakers have been decimated, it’s the turn of mainstream automakers. Wish them Good luck, cause they’ll need it.

https://www.tesmanian.com/blogs/tesm...ing-its-rivals

Tesla Model Y became the best-selling SUV in China in June, smashing its rivals to pieces. In addition, the electric SUV became the second best-selling SUV in the first six months of 2022, despite a significant slowdown in production in Q2.

Tesla Model Y sales in China in June were 52,150 units, up 348.7% from 11,623 units a year ago, according to data from the China Passenger Car Association (CPCA). It makes it the best-selling SUV in the country in the past month. That was an impressive 20,363 more than its nearest competitor was able to sell, which was BYD Song, placing second. The Chinese SUV registered only 31,787 units. A lot of automakers in China have been affected by the COVID-19 lockdown, which halted production. Disruptions in the supply chain prevented the restoration of production until at least mid-May. Nevertheless, Tesla, as always, showed its professionalism and masterfully coped with the difficulties. Already in June, Giga Shanghai managed to produce a record number of cars for the factory.

In third place is the Honda CR-V with 24,326 registrations, up 62.9% from last year. In fourth place is Great Wall Motor's Haval H6 with 21,040 units in June, down 21.4% from a year earlier. Closing out the top 5 is Changan CS75 with 19,696 registrations. It is important to keep in mind that the list includes all SUVs in the automotive market, including electric vehicles and vehicles with internal combustion engines.


1 Tesla Model Y 52,150
2 BYD Song 31,787
3 Honda CR-V 24,326
4 Haval H6 21,040
5 Changan CS75 19,696


From January to June, Model Y sales in China were 133,666 units, up 189.4% from 46,180 units in the same period last year. Giga Shanghai's shutdown in April 2022 led to April and May sales dropping to 960 and 5875 units, respectively. Due to this, Model Y took only second place. In first place is BYD Song with 162,573 vehicles sold in the first half of the year. The Haval H6 sold 123,496 units and finished in third place.

1 BYD Song 162,573
2 Tesla Model Y 133,666
3 Haval H6 123,496

Last edited by Comfy; 07-10-2022 at 07:25 AM.
Old 07-25-2022, 07:44 AM
  #3211  
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Tesla’s Elon Musk remains a highly controversial public figure. No other car company CEO is behaving like him. And the saga continues! Instead of addressing important issues that customers often reported in the past two years, he goes on to divert the attention of those that don’t have the time to keep track of what promises were over half a decade ago. Importing Formula 1 (F1) approaches for an all-electric carmaker is an old promise, one that still doesn’t make any sense whatsoever.


Elon Musk said he is “excited to work with Tesla Service to enable same-hour service as often as possible.” The executive is convinced the F1 pit crew approach is what’s needed. Unfortunately, the internet never forgets.

Back in 2015, over seven years ago, the CEO said the same thing when he welcomed Kenny Handkammer aboard Tesla. He promised customers that an improved service experience will quickly follow. Handkammer is now working at Lucid Motors. That tells us everything we need to know about the initiative. It failed from the very beginning.

But for some reason, Elon Musk thinks he can now do it by himself. The executive said he wants to work with Tesla Service to add F1 techniques that would “revolutionize servicing mainstream cars.” That doesn’t make any sense.

Firstly, Elon Musk has no proper Formula 1 experience whatsoever. He might be a shy fan of motorsport, but the CEO never got to witness or participate in the development and testing of an F1 car. Nor was he in any way involved in picking the right people to form a team that would guarantee to win all the possible Grands Prix. The brilliant entrepreneur even joked about F1, saying that all the racing cars should go electric. Mind you, Formula E exists!

Just think about it for a second
Furthermore, besides saying that F1 should go all-electric, Musk never really made any appearances at racing events. If he wanted to have any kind of useful, first-hand contact, he should’ve found a team that would let him participate in the training of pit crews. The closest he got to motorsport was probably when he owned an uninsured McLaren F1.

Secondly, Formula 1 teams intensely train their pit crews. These are usually made up of more than 20 people where each and everyone has a very specific role and plays an incredibly important part. If someone screws up, important points can be lost. That could decide the winner of a race!

That’s why they constantly practice and get to know each other. Moreover, they are paid very well for their jobs. A crew chief can earn up $1,000,000 or more per year. Can Tesla afford to pay this kind of money to its retrained or just hired staff? If profitability is still in play, then the company will most likely avoid this topic entirely.

But let’s assume that Tesla has the money to test the F1-like service experience. Who could come into work daily, ready to be on high alert for eight or more hours? No human can endure such a schedule. The pit crews have to remain so intense only thrice a week – during practice, qualifications, and race.

On top of that, F1 pit crews have passion flowing through their blood. Money is important, yes, but the adrenaline and joy of being right in the middle of the action and knowing you’re actively participating in something great are aspects that a Tesla Service won’t ever replicate.

Oh, come on!
But what’s grinding my gears right now is the fact that Elon Musk comes back with a very old promise. It has been seven years since he said that customers will enjoy a fast and reliable service experience. That’s not suitable for such a huge car brand. Tesla is known everywhere, and it will forever remain embedded in history as the catalyst for switching to EVs. You can’t do that to buyers of your product and expect them to just go ahead with it. It’s not right.

What Tesla should’ve addressed first and foremost is quality control at the factories. That is the first step needed to make sure the cars are being delivered to their owners without any issues. A recent survey shows that in 2018 only 43% of Model 3 buyers reported needing servicing in the first 30 days of ownership. This percentage climbed up to 69% in 2022. In just four (admittedly tumultuous) years, the quality of Tesla’s most anticipated EV dropped unexpectedly. And issues continue to pop up everywhere. It doesn’t matter if the cars are made in the U.S., Germany or China. They’re still the same!

Only after quality control is fixed Tesla and Elon Musk should start thinking about making their customers happier with short service visits, clear communication, and transparency. Another useful thing for those among us that are skilled would be for the company to offer the right spare parts in an easily accessible marketplace.

Finally, thinking about importing or applying F1 techniques for Tesla’s Service Centers is just plain nonsense. Not only would it have made more sense to approach Formula E, but it should’ve been the utmost priority.

Knowing how fast you can fuel a racing car that uses an internal combustion engine and not electric motors is not going to be of much help to technicians. And having four people changing tires while two others are using the jacks to barely lift the car off the ground won’t do any good. A real vehicle that’s being used every single day on public roads needs multiple checks that are done carefully.

This smells like a marketing ploy from miles away. It doesn’t hold any promise whatsoever. Customers will still have to deal with subpar service experiences, and they must get used to having to haggle, insist, try to get the CEO’s attention on social media, or wait for longer periods when something’s wrong with their EVs.

At the end of the day, the best service is no service. Maybe Elon Musk should rethink his approach. But knowing him… He won’t.
Elon Musk Wants F1-Like Tesla Service Again, It's Still a Horrible Idea - autoevolution
Old 07-25-2022, 09:15 AM
  #3212  
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The Real Reason Tesla Developed The Giga Press!

IDRA created quite an amazing casting machine with their engineering.
The accounting and efficiency explanation at the end explains Tesla's advantage with these presses.



Last edited by Legend2TL; 07-25-2022 at 09:19 AM.
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Old 07-26-2022, 05:26 AM
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Tesla makes some of the most advanced and tech-rich vehicles today, but that functionality comes at a cost. The automaker’s vehicles are expensive, and to maintain the technology over time, some buyers pay a monthly subscription to access certain services. Tesla offered a basic connectivity service for free, but that’s changing going forward. The automaker will offer free Standard Connectivity for the first eight years of ownership and will begin charging a subscription fee after that.

July 20, 2022, was the cutoff date for free lifetime connectivity. Buyers now have eight years of service from the date of purchase and then must pay a monthly or annual subscription fee. Standard service is the lower of two connectivity tiers that Tesla offers. It includes navigation but lacks live traffic, video streaming, and other features from the Premium tier, which already costs $99 per year. Most people upgrade to the Premium features, so this won’t be a massive change for many buyers.

While many like switching between new cars every few years, people tend to hold on to cars for longer than eight years. iSeeCars found that people keep cars for 8.4 years on average, so there’s a chance that owners will start running into the service cutoff in their long-owned Tesla. At the same time, technology is evolving rapidly, so it will be interesting to see if the average ownership time changes.

People may be tempted to switch cars for new tech and features, but automakers are working to make their vehicles as long-lasting as possible. Over-the-air updates (OTA) allow car companies to add new features, improve existing systems, and extend the life of a tech-forward car. Whether they can add enough to keep a vehicle interesting for eight years or more is yet to be seen, though Tesla works to add functionality like new driving modes, pet parking modes, and even games through OTAs.
Tesla to begin charging for basic connectivity services after eight years | Autoblog
Old 07-30-2022, 11:19 PM
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Originally Posted by Legend2TL
IDRA created quite an amazing casting machine with their engineering.
The accounting and efficiency explanation at the end explains Tesla's advantage with these presses.


https://www.youtube.com/watch?v=FUsicN-wKoY
that’s awesome
Old 07-31-2022, 06:20 AM
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Originally Posted by Comfy
that’s awesome
You do not have to be a genius to realize that you will lose money if you have to test something to make money. After all, it may not work as planned. This is pretty much what seems to be happening at Giga Grünheide, which Elon Musk classified as a money furnace not long ago. Honestly, it is no surprise if it rejects 60% of the mega castings it is making there.
6 photos

According to EFahrer, the problem is mainly with the rear frame casting. If that is true, it is nothing but ironic: that was the cast part Tesla first presented for the Model Y. In other words, it is the component that should be easiest to make because of the experience Tesla already has with it. For the same reason, it should be the one with the least rejects. And that is not the case.

These rejects would be why Tesla has recently halted production at its German plant. The official and unspecific excuse was to make adjustments and improve output. According to EFahrer, that did not go well.

Even after the casting machines were adjusted, the factory allegedly still loses 50% of the castings it makes. They can obviously be recycled, but we are not sure how much that costs nor if it is an easy process. The alloy Tesla uses does not need heat treatment: the castings can be extracted from the press as soon as they cool down a bit, as you can see in the video Tesla shared on Twitter.

In the text, the EV maker says that its “huge casting machines” enable it to make “full-size cars the same way toy cars are made.” That is neither entirely true nor something Tesla should brag about: most die-cast models have poor quality control. It is precisely due to not meeting the necessary standards that there’s a castings cemetery at Giga Grünheide. If the EFahrer report is correct, any production increase should make it get a lot bigger, with 50% of the cast parts being discarded.
Tesla's Mega Castings Are Not Working Well for Giga Gruenheide: Over 60% of Rejects - autoevolution
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Old 08-01-2022, 08:49 AM
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50% reject rate out of any casting process is abysmal... The whole point of casting something is to continuously and consistently make the same part with great tolerances.
Old 08-01-2022, 12:51 PM
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Guess who is paying for those rejects? When is the next price hike?
Old 08-01-2022, 01:09 PM
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Originally Posted by SamDoe1
50% reject rate out of any casting process is abysmal... The whole point of casting something is to continuously and consistently make the same part with great tolerances.
The weird thing is why are all those rejects being stored outside like that? Why don't they put them right back into furnace to melt them down to reuse the metal?
Old 08-01-2022, 01:30 PM
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Originally Posted by oonowindoo
Guess who is paying for those rejects? When is the next price hike?
Depending on where in the development cycle this is at, it would be part of the product or process dev budget to toss all these in the end anyway. All of that is baked into the price already.4

Hey, at least no dealer markup though amirite?

Originally Posted by biker
The weird thing is why are all those rejects being stored outside like that? Why don't they put them right back into furnace to melt them down to reuse the metal?
My guess is that they don't have a furnace big enough to melt a whole frame like that. Probably have to cut it up and then melt it which takes time and money.
Old 08-02-2022, 07:08 AM
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EV sales hit 12% globally

https://cleantechnica.com/2022/08/01...hare-for-bevs/

Record EV Sales Month Globally! 12% Share For BEVs!

#TheEVFutureIsNow

By
José PontesPublished
1 day agoYep, the EV disruption many of us were dreaming of for years is finally happening, and the proof is that despite all the stuff happening right now — pandemic(s), war, inflation, material shortages, etc., etc. (imagine telling what happened in the past two years to our past selves of June 2020 — they would freak out completely) — global plugin vehicle registrations were up 54% in June 2022 compared to June 2021, reaching a record 913,000 units! With China’s production back on track, sales have recovered their previous growth pace, and I wouldn’t be surprised if September turns out to be the first month the world reaches one million plugin vehicle registrations! With China (surely), Europe (likely), and the USA (maybe?) posting record months in September, expect the end of Q3 to be another time of celebration.




With a record month in June, plugins represented 16% share of the overall auto market, with BEVs themselves reaching 12% BEV share! This is the first time BEVs reached two digits globally. Considering the steep drops in the overall market, and that plugless hybrids (HEVs) were down for the third month in a row, that should be considered an amazing result. Peak HEVs is upon us in 2022, with 2023 being the start of downhill sales for this kind of powertrain.

In June, BEVs (+65% YoY) grew faster than PHEVs (+29%), with the latter powertrain suffering from sales drops in Europe. Still, both technologies reached record months and, year to date, the plugin share went up one point to 12% (8.8% BEV). All of which is great, but the internet loves lists, so here you go: The top 20 electric car sales leaders!



***************

If anyone still has any doubts about BEVs dominating the sales chart by 2025, please reconsider.
Old 08-02-2022, 09:00 AM
  #3221  
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You're backpedaling. Previously, it was Tesla was going to dominate everything by 2025. Now it's BEVs as a whole.

You're silently acknowledging that the competition is coming.

Signed,
An EV owner
Old 08-02-2022, 12:35 PM
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Originally Posted by civicdrivr
You're backpedaling. Previously, it was Tesla was going to dominate everything by 2025. Now it's BEVs as a whole.

You're silently acknowledging that the competition is coming.

Signed,
An EV owner
What backpedaling…. ??? I’ve always maintained that total EV sales are what I’m referring to. Yes of course Tesla will be the market leader among the EVs. Do you have any doubts about that…???
And about the competition…… What’s the real competition (in market share) in US? Name one.
Those puny golf cart EVs produced by BYD don’t count.
Tesla’s lead is going to accelerate.

Last edited by Comfy; 08-02-2022 at 12:37 PM.
Old 08-02-2022, 12:43 PM
  #3223  
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So you dont think BYD counts as competition but yet you have no problem including them in the total EV sales?

If you remove all the China made EVs from that list, EV's sales are still weak compare to ICEs.

Old 08-02-2022, 02:21 PM
  #3224  
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Originally Posted by oonowindoo
So you dont think BYD counts as competition but yet you have no problem including them in the total EV sales?

If you remove all the China made EVs from that list, EV's sales are still weak compare to ICEs.
Thats just makes Tesla’s feat even more impressive.
Old 08-02-2022, 04:05 PM
  #3225  
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Ok...

So first you quoted article stating 12% share for BEV with Tesla and Chinese EVs combined.
Then you said China EVs dont count. (so it is no longer 12%)
Then you said that makes Tesla more impressive...

Yes makes sense.

I can only imagine the jealousy look on your face when you see all these Tesla passing you by while you were at Gas station filling up your RDX.
Old 08-03-2022, 12:27 AM
  #3226  
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If market rumors prove true, Tesla will replace IDRA as the Giga press supplier with Bühler, a Swiss die-casting giant. This comes shortly after German media discussed the high rejection rate for the Model Y mega castings produced at Giga Berlin.
6 photos

EV industry watcher Chris Zheng says Tesla is looking to replace IDRA as the company that builds the Giga presses. The winner is Switzerland’s Bühler, which was Tesla’s preferred choice in 2019 when it was looking for a company able to make the Giga press. The Swiss company refused the job then, but after seeing IDRA’s success, it is more than happy to oblige now.

Zheng cites information from employees of a Chinese startup that benchmarks Tesla production and its vehicles. Reportedly, the Chinese startup intends to use integrated die-castings like the ones of the Tesla Model Y, so they should be familiar with the matter. Bühler Giga presses are also expected to be superior to IDRA’s offering.

“Tesla’s Giga press supplier will be replaced from Italy’s IDRA to Switzerland’s Bühler next year,” Chris Zheng wrote on Twitter. “The latter is also one of the world’s 6 largest die-casting giants. It rejected Tesla’s demand for a 6000t-level Giga press in 2019, but now their products offer better performance.”

Of course, there’s no way to confirm this with Tesla, as the EV maker closed its PR department long ago. But the rumors seem to corroborate with recent reports regarding the poor performance of IDRA’s Giga presses at Giga Berlin. This is interesting, considering that Tesla uses Italian die-casting machines at three gigafactories, including the crown jewel Giga Shanghai. None of them had such a high rejection rate as the one in Grünheide, estimated by EFahrer sources at more than 60%.

Dropping IDRA might seem a little extreme considering that no other company answered Tesla’s call for a gigantic die casting machine in 2019. Certainly, the team in Italy must be worried sick right now unless they were reassured somehow by Tesla. It’s also possible that Tesla wants to add another supplier for the Giga presses, considering its massive expansion plans.
Tesla Rumored To Switch Giga Press Suppliers To Fix High Rejection Rate at Giga Berlin - autoevolution
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Old 08-03-2022, 09:30 AM
  #3227  
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Tesla Wants You To Sit in a Wet Dumpster While Your Car Charges

I have mixed feeling on Tesla but this is a great weird idea

https://jalopnik.com/tesla-wants-you...car-1849361315


Old 08-03-2022, 10:01 AM
  #3228  
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Wet dumpster
Old 08-03-2022, 01:20 PM
  #3229  
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Hard pass
Old 08-03-2022, 03:52 PM
  #3230  
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#classy
Old 08-05-2022, 09:29 AM
  #3231  
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Old 08-05-2022, 09:39 AM
  #3232  
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No way I'm getting in that thing with a bunch of Tesla dweebs.
Old 08-09-2022, 10:12 AM
  #3233  
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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.

#NoDemand #TheCompetitionisComing
Old 08-12-2022, 05:33 PM
  #3234  
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Demand so high they have to stop taking orders because they can't accurately predict raw materials prices a year or more out


#NoDemand #TheCompetitionisComing
Old 08-12-2022, 06:43 PM
  #3235  
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Translation: they're feeling the same pain every other auto maker is feeling and can't deliver cars.

Also, the Standard and Performance won't be delivered until 2023 either - it's not just the LR.
Old 08-12-2022, 10:16 PM
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^ Shows October delivery for standard and Performance for us Canucks currently. Model Y Perf in less than a month.

Every single EV and hybrid currently has a waitlist a mile long and 1-2 yr delivery timelines. Except maybe the Bolt. Or the Plaid (6 in inventory in Vancouver you can pick up right away for a cool CAD$200k if you so choose.)
Old 08-12-2022, 10:28 PM
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I bet it's because they're planning to reduce prices so that the Model 3 LR can qualify for the $7500 tax credit (MSRP cap at $55K). If they were to lower the price now, they'd have to give the new price to all outstanding orders. By locking down orders, they can continue charging the current price for all outstanding offers, and as they work through them, they can reopen orders on Jan 1 for $54,995 (or lower) and only have a small number of outstanding orders (or even none) that they would need to adjust down the price.

Is it merely a coincidence that they did this on the same day the House passed the bill? And they didn't do it for the Model Y, which is below the $80K limit for SUV and trucks? I think not.
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Old 08-12-2022, 11:40 PM
  #3238  
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Old 08-13-2022, 07:17 AM
  #3239  
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Ah yes, a tweet from the bastion of truth, Elon.
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Old 08-13-2022, 05:27 PM
  #3240  
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Will be funny if what ends up happening is they jack up the price of the 3 Standard by 7k; and the LR will just go even higher; just because #toomuchdemand.


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