Obviously this wave strategy isn't helping the sock price, so why not just run the company as efficiently as possible while ignoring Wall Street's quarterly reporting BS? Although Tesla seems to use it as a stick to motivate employees, so maybe it's not all bad.
Cheers to all the great contributors here - thanks!
That's because all the people who care about the environment have already purchased if they were able to. Everyone else could care less as long as an environmental problem doesn't happen within a couple of years and any that do happen can be rationalized away. Price only happens when gas prices are high. It takes about a week (at most two) for people to forget high gas prices and assume low gas prices will last forever.
Eh, cash flow wasn't that bad. Obviously negative cash flow is always bad, but it roughly equalled buildup in inventory + payoff of bonds.
Would you expect that tooling to create large costs in Q2 already?
Those who buy a 100kWh car to commute 10km each day are likely the types who lease or buy a new car every 3 years. What this means is they take that initial residual hit, and someone else who can make use of that range will end up purchasing it down the line. Since those people would have bought a new luxury vehicle every 3 years ANYHOW, I'd much rather them put another BEV into the downstream used market instead of another dino burner.
Reality is not many CAN buy a greener car. In the premium market there is one brand that makes lots and they don't ship everywhere. Below their price point there are few options and they present more of a price premium that most people would like to donate to charity over 5 years of car ownership. Also, to start buying BEVs just because they are now within your purchase range is still a horrible decision if you've just bought another car 1-2 years ago.
Well, I'm not going to disagree on THAT. (Communications... Customer-facing software...)
the X-plane program was USAF, not NASA. I still have some books about this from the 1950s
Now perhaps the program was merged later on, but it certainly started out as USAF.If the car can stay on the road a long time and distance (key to making BEVs work for the environment), it's less of a catastrophe. But that overpaid lease driver could have suffices with 75 kWh or 60 kWh has Tesla still offered those. And surely after 3 years someone would just as happily have bought that car used. Needless pollution remains just that, until the battery overcapacity is utilize better. Say, bring in you 100 kWh car, let Tesla extract 40 kWh and put it into a huge PowerWall for your mansion. Car still drives fine. No need to strain the environment with the "greenification" of your house. Heck, a Tesla battery module is worth good money and those who buy them for home built powerwalls or ICEVtoBEV conversions get great use out of them.
It doesn't appear Tesla has really thought through the requirements of that off-hand comment.
