TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker and becoming a Supporting Member. For more info: Support TMC
  1. TMC is currently READ ONLY.
    Click here for more info.

Analysts: Tesla Semi a ‘distraction’

Discussion in 'Semi' started by TSemi, Dec 13, 2020.

  1. TSemi

    TSemi Member

    Joined:
    Sep 7, 2020
    Messages:
    65
    Location:
    Texas
    Others are bullish, citing the electric vehicle company’s deep pockets, new factories and progress on battery development

    Few doubt that Tesla (TSLA) has deep pockets, but some wonder whether the electric vehicle company should bite the bullet and abandon one of its most highly anticipated but long delayed product offerings: the futuristic Tesla Semi truck.

    “Tesla should drop or spin off its Semi efforts to someone else,” said Michael Ramsey, a Gartner vice president and automotive analyst. “It’s a different business and a distraction.”

    That assessment was echoed by Sam Abuelsamid, a research analyst leading Guidehouse Insights’electric mobility team.

    Abuelsamid likened Tesla and the Semi to Nikola Motor and the Badger, the electric pickup truck that was discontinued recently following the renegotiated deal between General Motors (NYSE: GM) and the fuel cell electric vehicle company founded by Trevor Milton.

    “The Semi is a distraction for Tesla,” he told FreightWaves.


    More on link

    Link: Analysts: Tesla Semi a 'distraction’ - FreightWaves
     
  2. Quamera

    Quamera Member

    Joined:
    Mar 9, 2020
    Messages:
    37
    Location:
    Goondiwindi Australia
    Luckily Elon doesn't listen to so called analysts or he would have given up long ago. The semi is going to revolutionise short and medium haul trucking and any comparison to Nikola Motor is like chalk and cheese. The only reason for delaying the launch of the semi would be if there isn't enough batteries to supply Tesla's existing vehicle production.
     
    • Like x 4
  3. TSemi

    TSemi Member

    Joined:
    Sep 7, 2020
    Messages:
    65
    Location:
    Texas
    What another analyst says about Tesla Semi :


    Tesla Semi production is due to begin in 2021 at the company's new factory in Texas, which is currently under construction. Companies are eagerly awaiting the start of sales as electric trucks must help them meet their CO2 reduction targets. Semi will be the force behind Tesla's 40-fold increase by 2030, says the analyst.

    "We're very bullish on the Semi," said Garrett Nelson, a senior equities research analyst with the investment research firm CFRA.

    Story here Tesla Semi Trucks Will Help the Company Achieve a ‘40-Fold Increase’ in Deliveries by 2030, Says Analyst
     
    • Like x 1
  4. tcoombes

    tcoombes Supporting Member

    Joined:
    Jan 22, 2018
    Messages:
    1,046
    Location:
    Northern California
    Semi is just another disruptive business within Tesla - one of many! Definitely not a distraction.
     
  5. ICUDoc

    ICUDoc Active Member

    Joined:
    May 19, 2015
    Messages:
    1,624
    Location:
    Sydney NSW
    Yup, exactly- analysts never achieve things, analysts just say things.
    Elon gets *sugar* done.
     

Share This Page

  • About Us

    Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.
  • Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.


    SUPPORT TMC