How is this a selloff? The stock is holding stead in spite of the low volume manipulation going on. Every time it drops somebody is picking up the bargain shares.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
How is this a selloff? The stock is holding stead in spite of the low volume manipulation going on. Every time it drops somebody is picking up the bargain shares.
Hogfighter
Professional Lurker
I’ve been paying attention since 2012, thanks.
I appreciate the opinion. I don’t appreciate the snarkiness.
"General Motors claims that through its joint venture with LG Chem, announced late last year, will drive their battery costs down to below $100 per kWh."
GM Unveils Battery with Capacity Twice as Big as Tesla’s
GM Unveils Battery with Capacity Twice as Big as Tesla’s
Oh shoot! The Musk has returned to Tesla!
TSLA was down substantially compared to the markets earlier today (likely in anticipation of the GM event), and TSLA is still down on a huge up day for the markets. And, yes, there is clearly relatively low volume manipulation going on (again, likely enabled by this GM event).
“400 miles of range or more” lol that’s for a 200kwh battery
Anyone catch when GM plans to have their "massive" battery factory online? Even if you assume their smallest 50KWh packs for all vehicles, those 30 GWh are only going to be enough for 600,000 vehicles. I suppose if that's a starting capacity targeted for next year that's pretty decent, but if that capacity doesn't come online until, say, 2023, that's not particularly impressive and seems like it would be meant to satisfy compliance requirements.
So is this sales "slump" of the Model 3 in Europe YTD due simply to Tesla diverting cars to sell elsewhere in the world?
Renault Zoe Shines In Hot Market — Europe EV Sales Report | CleanTechnica
Renault Zoe Shines In Hot Market — Europe EV Sales Report | CleanTechnica
JusRelax
Active Member
By the way.. I noticed in GM's presentation that the 'below $100 per kWh' is at the cell level, not at the pack level.
Isn't Tesla already at the $100/kWh level at the cell level? I believe Tesla's battery day will reveal ~$100 per kWh at the pack level.
There are still 3 ships on the way to Europe, chill!
It is just that they sold out of inventory and new inventory only arrives to customers in weeks 7-13 (and mostly 10-13) given their standard production batching and shipment timing.
7 ships were sent to Europe vs 8 in Q4.
Mary Barra said in her opening remarks that G.M's new EV line would debuting in 2025. At least they have a lot of time to build out their battery capacity.
Fact Checking
Well-Known Member
2025? That task is left for the post-bankruptcy GM then?
You mean Private Motors?
Yeah, 2025. She made sure she got the bad news out of the way rather quickly.
Fact Checking
Well-Known Member
So GM concedes the U.S. EV market to Tesla for at least the next 5 years - good to know!
You're me, right? Is this it, seriously? What a joke!!
General Motors to spend $20 billion through 2025 on new electric, autonomous vehicles
The company declined to break down how much of the $20 billion would go specifically to all-electric vehicles but said that the amount includes capital and engineering resources.
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