GM website says they have 12,358 dealerships worldwide. 110,000 vehicles / 12,358 is less than 9 vehicles per dealership. Not exactly stuffing the channel.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
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willow_hiller
Well-Known Member
At first I was excited because I thought I had discovered a confirmation of Giga Canada, but that "ca.tesla.com" had been registered since December 2021 at least, and I don't think they would have made a decision by then. That, and if they have TX, NV, and NY for Texas, Nevada, and New York respectively, the state code for California is CA.
Didn't say these were going to be SP rising days, although they should be, just said they were days to look forward to. Please don't put words into my posts, even if you are a Kiwi ;-)
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Buckminster
Well-Known Member
Elon just hit 110m followers on Twitter.
100m to 110m in 120 days. Slowdown but still impressive growth.
Previous were:
100-110 in 120 (27 Jun to 25 Oct)
90-100 in 55 (3 May to 27 Jun)
80-90 in 30 days (2 April 22 to 2 May 22) - Purchase of TWTR announcement
70-80 in 79 days (Jan 13th 22 to 2nd April 22)
60-70 in 116 days
50-60 in 170 days
StealthP3D
Well-Known Member
Toyota messed up so badly because they assumed clean, green EV's could not be fast, powerful, sexy and exciting. They also assumed they cost too much to sell profitably. Their error was assuming things that were not true. That is not using the power of first principles thinking.
Don't want to speak for @Mengy but I really don't think he was referring to packing the lots, more like packing the books. GM reported revenue of ~42 billion for the 3rd qtr '22 and if you multiply 110,000 vehicles by an avg price of $45,000, that's almost $5 billion they were able to add to revenue, more than half again their net income for the quarter. So those additional vehicles "delivered" to their dealers was the difference between profit and loss for the quarter.
Figures don't lie, but liers figure...
Knightshade
Well-Known Member
To be fair, they'd stopped making even ICE vehicles that way a long time ago.
The joke that is the new BMW Supra for example (and that after 20+ years not making any non-Lexus that powered the correct pair of wheels, and even the Lexus ones mostly just getting heavier and slower over the years to no real benefit)
Didn’t mean to imply that, apologies. Just hard seeing these lists with items full of what SHOULD be good news for stock price, but then it gets obliterated by other factors anyway (Macro, Elon).
But, but 20-40% are BOTS
Now, all we need is to lose the leading 2s and the dot and we are back in business.
Yes, I want the stock price to be high again!
20 years ago? As far as I’m concerned Toyotas for at least 40 years (with rare exceptions) have been insipid to drive.
What they have been is adequate, reliable and efficient.
Lexus have been a very nice ride on the top end and mid grade luxury interior elsewhere.
But this is why Tesla can crush Toyota. I think Tesla is close to being faster, better drivers, way way more efficient and more reliable for the same price.
That’s why we are seeing the Y catch the Rav4 and the 3 passing the Camry in some markets.
The big difference is that it is becoming more expensive to make an ICE vs battery and Tesla manufacturing technology becoming cheaper, or at least seeing cost inflation on a lower basis.
I think this is one of the reasons Elon says Telsa can grow market cap well past Apple. No one is close to matching their production costs and Tesla can see how to grow production 10x on an increasingly more cost efficient basis.
View inside the Lathrop Megapack factory. More automated than I thought it might be.
They should call it a Megapactory.
They should replicate in Europe and Asia as well.
They should call it a Megapactory.
They should replicate in Europe and Asia as well.
JSML
Member
Electrek is reporting Tesla is hiring recruiters and a support team for a "high-volume" hiring effort in Quebec. Looks like the next Gigafactory is going to be in Quebec.
I definitely saw the link of the original Twitter thread posted here (where I discovered it),
but I thought it was useful to post directly the Reuter images.
Very helpful for laymen out there.
but I thought it was useful to post directly the Reuter images.
Very helpful for laymen out there.
Artful Dodger
"Neko no me"
Yeah, Giga Kropyvnytskyi (Kirovograd) or some such. Ukraine now has a once-in-a-century opportunity to rebuild its electrical grid. If they receive the proper support and advice, they'll rebuild based on distributed renewables with battery storage, and literally become the renewables powerhouse of Europe.
A new Megapack factory needs convenient logistics access to lithium mines in Eastern Ukraine, ie: Kirovograd (China and Australia already have business deals there for lithium), or the Donetsk region (in disputed area)
Before Invasion, Ukraine’s Lithium Wealth Was Drawing Global Attention | The New York Times (Mar 2, 2022)
But don't underestimate the economic value of untapped mineral resources in Ukraine needed for the transition to EVs and renewables. Here is the conclusion to a conference paper presented in February 2022:
Naumenko, U., & Vasylenk, S. (2022). PROSPECTS OF DEVELOPMENT OF LITHIUM RESOURCE BASE IN UKRAINE. InterConf, 652-658.
Futher, depending on what events occur at Zaporizhia NPP a large area could be rendered best used for solar farms (ala Fuku). In that case, they may also need Tesla 'bot to man the worksite (depending on background Sieverts). This is also something that Tesla can provide. The company is well-positioned to help rebuild Ukraine, and help position it to lead the way in the European energy transition over the next 50 years.
Cheers!
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There are several mistakes in this, some of which were pointed out in the Twitter thread.
For Tesla in particular battery capacity should be 6TWh (3 TWh is only internal cell manufacturing), The battery investment is wrong, no way are Tesla spending $400B of battery investment.
Also several companies missing, notably the Chinese, Korean and other Japanese companies.
Twitter popped over 53 in the Premarket. Someone’s pretty sure this deal is going to close it seems.
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