EVNow
Well-Known Member
Looking at what press attention is doing to SP, I hope not.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
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Pezpunk
Active Member
yes, but the article will focus on how the fully operational and deployed Tesla Supercharger is inferior to a computer rendering of a charger Harley-Davidson claims it could be prototyping as early as 2025. (i made that up but you get the idea)
EVNow
Well-Known Member
They can just buy from the EV subsidiary they spun off.
In any case, OEMs need dealers for service. I don't see legacy OEMs doing away with dealers any time soon. They may come up with some unappealing hack for "buying" online, but people have to still go to dealerships to actually buy the car. Dealers may still compete on price etc. Afterall, this is how Nissan sold Leaf in 2011.
I fully expect articles to highlight the cost associated with upgrading the supercharger network at a time when the company is facing a "cash crunch". Really, I do.
Perhaps. I keep hearing dealers make most of their money from service, so perhaps there is a middle ground (i.e centralized sales, distributed delivery and service) if both sides are willing to move a bit. The problem is neither side is willing to be flexible right now. It will probably take some kind of hammer to force change.
Some of us bought when there was very little "network" here in the US - this is mid 2013...
Correct, they can privately ask questions to clarify. What's management can't while it provides those clarifications, is selective disclosure. If the part of reply management gives in private is market sensitive, it must disclose that info to every one at the same time.
JRP3
Hyperactive Member
Yeah this was a pretty stupid mistake.
Well they aren't building rockets
EVNow
Well-Known Member
I expect some kind of change in the next round of legacy car manufacturer bankruptcies.
as usual, I agree with these guys: Why Tesla Needs a CMO
Fact Checking
Well-Known Member
Dealerships giving up control over retail sales won't happen voluntarily I'm afraid, the hidden profit center for car dealerships is not service, but F&I (Financing and Insurance):
What is a Car Dealership Finance Manager? | Financial Careers
"A dealership’s margins on the actual vehicle sales are quite low. For example, a Ford Fiesta car sale earns a dealership less than $500.2 So dealerships look to their F&I (finance and insurance) departments to make up the difference."
"the national average for an F&I manager was $118,897."
"In Texas, the average was even higher $135,491 (perhaps the lack of a state income tax provided the discretionary spending tailwind). As you can see, it can be a very lucrative job."
"A dealership’s margins on the actual vehicle sales are quite low. For example, a Ford Fiesta car sale earns a dealership less than $500.2 So dealerships look to their F&I (finance and insurance) departments to make up the difference."
"the national average for an F&I manager was $118,897."
"In Texas, the average was even higher $135,491 (perhaps the lack of a state income tax provided the discretionary spending tailwind). As you can see, it can be a very lucrative job."
Even Amazon shied away from selling cars online.
"Peace was never an option."
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As I mentioned in the past, it seems that in recent memory, any non-end of quarter news announcement made by Musk has generally resulted in SP dropping. Whether because the announcement was made on an overall market down day, or due to FUD spin or factually not good news...doesn’t matter.
It seems as though the following events generally lead to higher SP:
1. Solid financial quarter results
2. No news
3. Musk teasing/hyping something completely unknown on Twitter
In fact, I wished Musk didn’t mention next week’s reveal to be about the Model Y. I bet the suspense would have raised the SP like all the previous times—even if the result was a dud regarding SP.
He he, same here - this is how it looked in Europe two weeks after I pressed the "buy" button...
December 2013
adiggs
Well-Known Member
Tesla.
Actually, they have to buy them from somebody that's excess ZEV credits, Tesla being one example. Or buy them for $5000 each from CARB directly, which has the effect of setting an upper bound on what anybody can get for their credits when they sell them.
But "Tesla" is a pretty good short hand, as the other makers generating a surplus are also selling gas engine cars and likely to be banking their excess ZEV credits for a few years into the future when the requirements ramp, and in case they can't get those requirements lowered.
I take back my comment that India's premium car market is too small for Tesla to bother. There are more millionaires in Mumbai than the population of Iceland
India doesn't have the world's second highest rate of EV adoption and a high per-capita income, with incentives that make an EV about 40% cheaper than a comparable ICE vehicle.
If they run Superchargers around the Ring Road and build a small service centre in Reykjavík, with mobile service for the rest of the country, their sales will make it more than worth their while.
This is interesting -- Ballie Gifford telegraphing that Musk stepping down as CEO to take a different role within the company wouldn't cause them concern.
Top Tesla Shareholder Says Elon Musk ‘Doesn’t Need to Be CEO’
Top Tesla Shareholder Says Elon Musk ‘Doesn’t Need to Be CEO’
Off Shore
Off Topic Member
Are you a new investor by any chance?
If they don't make the sale, they won't get the service. How many people take the car to a dealer they didn't purchase from? (Unless they move to another location or some such.)
EVNow
Well-Known Member
I bought Leaf in '11 when the chargers were supposedly getting installed "soon". In next 2 years I finally got to use the HV charger just once.
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