Agreed. Betting on hybrids would be the worst of all decisions IMO. Consumers will quickly recognize that.
It is interesting that 2 and 3 wheeled vehicles may be included. HD may find some love for their expensive Lightning model.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
It is interesting that 2 and 3 wheeled vehicles may be included. HD may find some love for their expensive Lightning model.
One of the few stocks I own other than Tesla is Arcimoto, they make an electric trike motorcycle basically and I love riding motorcycles. If the rebate passes as it is now then it would provide a hefty rebate off every Arcimoto FUV sold, and then I would probably need to buy one to sit next to my Model Y.
Artful Dodger
"Neko no me"
Overnight, we saw this rumor: (more details now follow in blog post below)
www.teslarati.com
I think blog author Simon Alvarez does get his math slightly wrong: new CATL bty packs for SR+ are 60 KWh each, so a 45 GWh bty pack order is more likely for ~750K Models 3/Y in 2022.
Still, that's on top of MiC long range 3/Y production, which use NMC chemistry in LG bty cells. A separate report says Giga Nevada will produce 40 GWh of bty cells in 2022 (although that will include some TE products like powerwall).
It's also unclear if all 750K LFP packs from CATL are intended for vehicle production in Shanghai, or if a portion of those packs will be shipped to N. America for use in, for example, the Hertz LFP Model 3 fleet order (that's 100K packs needed right there). Those could be part of this order, or extra to it.
Either way, it looks like Tesla has orders with 3rd-party bty suppliers sufficient to produce over 1.5M vehicles in 2022 (which could be ~70% growth vs 2021).
Then there's Tesla Energy... Good Times!
Cheers!
EDIT: Here's the Google Translation results from the src article in Korean:
Tesla places 45 GWh LFP battery order from CATL for 2022 -- enough for nearly 800k Model 3 and Model Y
It appears that Tesla is now making the necessary preparations for a serious ramp of its Model 3 and Model Y production in Gigafactory Shanghai next year. As per recent reports from China, Tesla has reportedly placed an order for 45 GWh worth of lithium iron phosphate (LFP) batteries from...
www.teslarati.com
I think blog author Simon Alvarez does get his math slightly wrong: new CATL bty packs for SR+ are 60 KWh each, so a 45 GWh bty pack order is more likely for ~750K Models 3/Y in 2022.
Still, that's on top of MiC long range 3/Y production, which use NMC chemistry in LG bty cells. A separate report says Giga Nevada will produce 40 GWh of bty cells in 2022 (although that will include some TE products like powerwall).
It's also unclear if all 750K LFP packs from CATL are intended for vehicle production in Shanghai, or if a portion of those packs will be shipped to N. America for use in, for example, the Hertz LFP Model 3 fleet order (that's 100K packs needed right there). Those could be part of this order, or extra to it.
Either way, it looks like Tesla has orders with 3rd-party bty suppliers sufficient to produce over 1.5M vehicles in 2022 (which could be ~70% growth vs 2021).
Then there's Tesla Energy... Good Times!
Cheers!
EDIT: Here's the Google Translation results from the src article in Korean:
36Kr Exclusive | Tesla orders 45GWh batteries from CATL, sales are expected to double next year | Li Qin (·6 hours ago) | Focus on Battery battle
Tesla, which has passed the trillion-dollar market value mark, is still accelerating.
"36 Kr learned from a number of people familiar with the matter that Tesla has already booked 45GWh lithium iron phosphate batteries from China's leading power battery company Ningde Times for next year’s sales plan, mainly for Model 3 and Model Y models.
"According to Tesla's official information, Model 3 and Model Y equipped with lithium iron phosphate batteries are both standard battery life versions. The former has a battery capacity of 55 degrees (kWh) and the latter has a battery capacity of 60 degrees. Based on this preliminary calculation, 45GWh of battery orders will correspond to nearly 800,000 cars. This has surpassed Tesla's total global sales in the first three quarters of this year. As of the third quarter of this year, Tesla had sold 627.35 million vehicles worldwide.
"Another industry source told 36 krypton that in 2022, Tesla's Nevada battery factory will also expand production to more than 40GWh. Coupled with the supply of Panasonic and LG Chem, Tesla will sell at least 1.5 million cars in 2022.
"On Tuesday, Tesla's market value exceeded $1 trillion. In the past year, the company's market value has nearly doubled due to the rapid increase in car sales and profits. A few days ago, the car rental company Hertz placed an order for 100,000 cars from Tesla, pushing the latter into the trillion-dollar club.
"Of course, Tesla under Musk was never satisfied with the set goals. The source revealed to 36 krypton that in addition to ordering 45GWh batteries from CATL, Tesla also plans to make additional orders, "both parties are already in talks."
"In response to the above information, Ningde Times stated to 36 krypton that it would not comment.
"Tesla’s earliest lithium iron phosphate model was the Model 3 standard battery life version produced by the Shanghai plant in China. Starting this year, the Model Y standard battery life version produced by the Shanghai plant also began to use lithium iron phosphate batteries.
"Since then, at the end of August this year, lithium iron phosphate models began to be sold in the United States. Tesla announced that American users can also choose lithium iron phosphate battery models when buying the standard battery life version of the Model 3. It is reported that the American standard battery life Model 3 with lithium iron phosphate batteries has a battery life that has dropped from 263 miles to 253 miles, while the price remains unchanged at 39,900 US dollars.
"At the third-quarter earnings call in October, Tesla officially announced that the standard battery life Model 3 and Moderl Y models worldwide will use lithium iron phosphate batteries.
"Ternary lithium batteries and lithium iron phosphate batteries are the two core technical routes in the power battery industry. Compared with ternary lithium batteries, lithium iron phosphate batteries have inferior energy density and charge-discharge performance, but have better safety and stability, and lower cost, so they are favored by entry-level vehicles.
"Especially in the past two years, companies such as CATL, BYD and Weilai have gradually improved the system energy density and winter low temperature performance of lithium iron phosphate batteries through structural improvements and mixing solutions. This also makes the demand for lithium iron phosphate batteries blow out.
"According to the domestic power battery installation data in September, the ternary lithium battery was installed at 6.14GWh, and the total installed lithium iron phosphate battery was 9.54Wh. The lithium iron phosphate battery was ahead of the ternary battery in terms of installed capacity for three consecutive months.
"The cost and application technology of batteries are becoming mature, which is also driving the rapid growth of electric vehicles. Tesla's million-level sales forecast is a great example. In addition, according to 36Kr, domestic auto companies, including Weilai, Great Wall and other auto companies, are also planning to increase battery orders."
[End of Article]
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Is the Hertz agreement like S&P Inclusion?
Magellan was built on Pete listening to the discoveries of his wife.
With the cooperative Hertz agreement, that "listen to your wife/spouse" investment model now includes TSLA as an alternative to VOO.
Magellan was built on Pete listening to the discoveries of his wife.
With the cooperative Hertz agreement, that "listen to your wife/spouse" investment model now includes TSLA as an alternative to VOO.
Presumably there will be a check list just the same as they check the body of the car and interior for damages. For the 14-50 I suspect that after a few complaints of being unable to charge they'll order a few adapters.
hacer
Active Member
It's not jut the performance (acceleration) aspects of weight that matters. Rolling resistance is directly proportional to total weight so even if all other things are equal, the heavier car will be less efficient. Tesla cares about total vehicle efficiency and it is always worse (even with the reduced range) for LFP cars.
Yes, and for hybrids to be a threat, folks need to buy them. But word's getting out fast, Teslas are low maintenance. Meanwhile, wait till all the existing hybrids have engine problems too. Will be nightmare $$$ on wheels to maintain this redundancy.
ZachF
Active Member
I think author Simon Alvarez gets his math wrong in this headline: the new CATL bty pack for SR+ is 60 KWh each, so a 45 GWh bty pack order is more likely for 750K Models 3/Y in 2022.
Still, that's on top of MiC long range 3/Y production, which use NMC chemistry in LG bty cells. A separate report says Giga Nevada will produce 40 GWh of bty cells in 2022 (although that will include some TE products like powerwall).
It's also unclear if all 750K LFP packs from CATL are intended for vehicle production in Shanghai, or if a portion of those packs will be shipped to N. America for use in, for example, the Hertz LFP Model 3 fleet order (that's 100K packs needed right there). Those could be part of this order, or extra to it.
Either way, it looks like Tesla has orders with 3rd-party bty suppliers sufficient to produce over 1.5M vehicles in 2022 (which could be ~70% growth vs 2021).
Then there's Tesla Energy... Good Times!
Cheers!
EDIT: Here's the Google Translation results from the src article in Korean:
36Kr Exclusive | Tesla orders 45GWh batteries from CATL, sales are expected to double next year | Li Qin (·6 hours ago) | Focus on Battery battleTesla, which has passed the trillion-dollar market value mark, is still accelerating."36 Kr learned from a number of people familiar with the matter that Tesla has already booked 45GWh lithium iron phosphate batteries from China's leading power battery company Ningde Times for next year’s sales plan, mainly for Model 3 and Model Y models."According to Tesla's official information, Model 3 and Model Y equipped with lithium iron phosphate batteries are both standard battery life versions. The former has a battery capacity of 55 degrees (kWh) and the latter has a battery capacity of 60 degrees. Based on this preliminary calculation, 45GWh of battery orders will correspond to nearly 800,000 cars. This has surpassed Tesla's total global sales in the first three quarters of this year. As of the third quarter of this year, Tesla had sold 627.35 million vehicles worldwide."Another industry source told 36 krypton that in 2022, Tesla's Nevada battery factory will also expand production to more than 40GWh. Coupled with the supply of Panasonic and LG Chem, Tesla will sell at least 1.5 million cars in 2022."On Tuesday, Tesla's market value exceeded $1 trillion. In the past year, the company's market value has nearly doubled due to the rapid increase in car sales and profits. A few days ago, the car rental company Hertz placed an order for 100,000 cars from Tesla, pushing the latter into the trillion-dollar club."Of course, Tesla under Musk was never satisfied with the set goals. The source revealed to 36 krypton that in addition to ordering 45GWh batteries from CATL, Tesla also plans to make additional orders, "both parties are already in talks.""In response to the above information, Ningde Times stated to 36 krypton that it would not comment."Tesla’s earliest lithium iron phosphate model was the Model 3 standard battery life version produced by the Shanghai plant in China. Starting this year, the Model Y standard battery life version produced by the Shanghai plant also began to use lithium iron phosphate batteries."Since then, at the end of August this year, lithium iron phosphate models began to be sold in the United States. Tesla announced that American users can also choose lithium iron phosphate battery models when buying the standard battery life version of the Model 3. It is reported that the American standard battery life Model 3 with lithium iron phosphate batteries has a battery life that has dropped from 263 miles to 253 miles, while the price remains unchanged at 39,900 US dollars."At the third-quarter earnings call in October, Tesla officially announced that the standard battery life Model 3 and Moderl Y models worldwide will use lithium iron phosphate batteries."Ternary lithium batteries and lithium iron phosphate batteries are the two core technical routes in the power battery industry. Compared with ternary lithium batteries, lithium iron phosphate batteries have inferior energy density and charge-discharge performance, but have better safety and stability, and lower cost, so they are favored by entry-level vehicles."Especially in the past two years, companies such as CATL, BYD and Weilai have gradually improved the system energy density and winter low temperature performance of lithium iron phosphate batteries through structural improvements and mixing solutions. This also makes the demand for lithium iron phosphate batteries blow out."According to the domestic power battery installation data in September, the ternary lithium battery was installed at 6.14GWh, and the total installed lithium iron phosphate battery was 9.54Wh. The lithium iron phosphate battery was ahead of the ternary battery in terms of installed capacity for three consecutive months."The cost and application technology of batteries are becoming mature, which is also driving the rapid growth of electric vehicles. Tesla's million-level sales forecast is a great example. In addition, according to 36Kr, domestic auto companies, including Weilai, Great Wall and other auto companies, are also planning to increase battery orders."[End of Article]
Considering Tesla is planning for 40 GWh of mega pack capacity I’d bet a good chunk of it could be going there too.
SunCatcher
Member
ZachF
Active Member
Gaming the system for quick, easy money or a more pragmatic long term solution… what’s the average modern CEO going to choose?
googled - and approximates
Enterprise is the largest and has like 600K cars.
Hertz was 2nd & has like 420K (coincidence
) cars.Until now EV's were not big part of rental business, so we could consider this as a whole new line of business.
Equally important was that mark Fields (ex. Ford Ceo) who is supposed to have a pulse on the car industry, gave Tesla the green light. cheers!!
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Well it’s not going to force funds to purchase TSLA but it’s going to force other car rental services to offer EVs. Others will soon join in with fleet purchases. When FSD is available, fleets will have the choice between offering a self driving car to their customer vs a horse carriage that you have to pick up sh1t. I am expecting a snowballing effect.
I agree.
Being a student in electromechanical engineering myself (though in Belgium, so it's only ~900€/annum), I really don't think what I'm learning is that valuable. I find myself getting much more value in the last two Munro videos than in any course I have/had. With everything I'm learning trough following Tesla closely, I find that universities are lame (or maybe it's just the one I'm going to haha).
The idea of an "Elon-style first principles makeover" hypes me.
I'm not entirely sure that Elon isn't serious. A university that teaches using a First Principles approach and Agile development in small teams for problem solving. Scholarships could be awarded to promising students that would graduate fully prepared to work for any of the companies in the Musk Industrial Complex.
Remember, Boring Company was not considered serious at first.
would buy the merch.True. Our biggest criteria for staying at a hotel is do they have charging and do they accept chihuahuas. After that the list is less important.
His oldest two kids must also be nearing the age when they start university.I'm not entirely sure that Elon isn't serious. A university that teaches using a First Principles approach and Agile development in small teams for problem solving. Scholarships could be awarded to promising students that would graduate fully prepared to work for any of the companies in the Musk Industrial Complex.
Remember, Boring Company was not considered serious at first.
I bet he's picturing two big campuses. One in Dallas and Dripping Springs. That would attract talent!I'm not entirely sure that Elon isn't serious. A university that teaches using a First Principles approach and Agile development in small teams for problem solving. Scholarships could be awarded to promising students that would graduate fully prepared to work for any of the companies in the Musk Industrial Complex.
Remember, Boring Company was not considered serious at first.
I recently planned a trip to the Blue Ridge GA area, searching first on VRBO, until I found there was no way to filter by EV charging. I Googled, found that I could do it on AirBnB by adding -94 (IIRC) to the end of the search string. I found a beautiful cabin by a bubbling brook, paid quite a bit more than I planned, but the freedom to be able to do day trips every day with a full charge was wonderful. So, from now on its AirBnB for me. I only wish hotel chains would also allow filtering for EV charging.
Also, would not be Elon's first effort using a 'new' approach to education.
Synthesis teaches kids to thrive in complexity
"Six years ago, Elon Musk asked me to start an experimental school with him at SpaceX.
The goal was to develop students who are enthralled by complexity and solving for the unknown.
Synthesis is the most innovative learning experience from that school. It is designed to cultivate student voice, strategic thinking, and collaborative problem solving.
I believe Synthesis builds these skills like no other education experience.
Until recently, Synthesis was only available to a handful of SpaceX families. Today, our community is worldwide and growing quickly. Excited for you to be a part of it.
Josh Dahn
Cofounder & Creative Director"
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