I suspect CT will have even fattier margins and total profit.But where they will make most money is from high scale of Y and 3.
In excess of 50% and still have years long waiting list ...
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I suspect CT will have even fattier margins and total profit.But where they will make most money is from high scale of Y and 3.
Well, if company CEO says "Both Berlin and Austin factories are gigantic money furnaces right now. It's really like a giant roaring sound, which is the sound of money on fire," said Mr Musk"The whole "factories burning money" FUD-line from that interview has been picked up by the BBC,
New Tesla factories losing billions of dollars, Musk says
Elon Musk said the Covid-19 lockdown in Shanghai was "very difficult" for the electric car maker.www.bbc.co.uk
Well, if company CEO says "Both Berlin and Austin factories are gigantic money furnaces right now. It's really like a giant roaring sound, which is the sound of money on fire," said Mr Musk"
It is clear that it makes headlines.
Ps. "Tesla did not immediately respond to a BBC request for comment."
If Tesla had a PR department...
Above in red... exactly how I feel right now!!Ha-ha, that's great! That's the same time I was mopping up shares, from $250ish ($50) down to $210 and then I held off as it fell further unable to believe my good fortune. For the first time in years I was watching the ticker every day, all day, ready to make the biggest TSLA purchase of my life. I knew it was already a screaming deal but I didn't know how far it was going to fall and I wanted to maximize my buying potential. Then I doubled my position on June 4 at $189 ($38) as it looked like it had possibly formed a bottom so I let her rip! I also bought a bunch of call option for less than a dollar each that ended up appreciating over 1000 fold. Unfortunately, I sold more than half of them when they had "only" appreciated 100 or 120 fold.
This is the danger, this is the pitfall, this is the reason traders fail.I wanted to maximize my buying potential.
Above in red... exactly how I feel right now!!
This is the danger, this is the pitfall, this is the reason traders fail.
When you postpone buying because you expect the price will continue to fall, you are a trader.
Don't look at the price, just buy when you can and only sell when you need cash and only as much as you need at the moment.
View attachment 819926
Imo this is a bit underdiscussed. So Tesla currently can do 2M+ annual 3/Y and could probably do 3-4million. I take it they see demand for 3-4M and plan on saturating this demand. I assume they might need some expansion for this, but maybe just spinning up each current factory from 500k to 750k and shanghai at 1M will do it. Scaling this seems much more straight forward than adding $25k car, Robotaxi or Cybervan. And profit should be crazy high with current prices and even if they come down, costs will also come down with scale.
Let’s assume they end Q4 around 500k/Q runrate, how long will it take them to ramp to 750-1M/Q? End of 2023?
Like Elon said, S/X/Plaid etc are fun high profit products. But where they will make most money is from high scale of Y and 3. Also this is best for the enviroment and for FSD. $25k might be cheaper, but it’s a restart of the ramp and it will take time for it to pay off, as long as they can keep pushing 3&Y they will likely just focus on that.
Imo we already see the demand for this given high prices and long wait times. So rather than to complicate things with new models, imo it seems likely that Tesla will just copypaste their current production lines.
My view is that there is a lot of business sense in avoiding the commodity vehicles. Stick with a premium product line and license FSD and Tesla network access to the low margin producers.A cheaper model can have a smaller battery and single motor, but it wouldn't automatically need new headlights, seats, steering wheel etc.*
… and just discussed on CNBC. They joked about how “no other CEO would talk this way“.The whole "factories burning money" FUD-line from that interview has been picked up by the BBC,
New Tesla factories losing billions of dollars, Musk says
Elon Musk said the Covid-19 lockdown in Shanghai was "very difficult" for the electric car maker.www.bbc.co.uk
The whole "factories burning money" FUD-line from that interview has been picked up by the BBC,
New Tesla factories losing billions of dollars, Musk says
Elon Musk said the Covid-19 lockdown in Shanghai was "very difficult" for the electric car maker.www.bbc.co.uk
So why blame media? If CEO says something like that, of course it is in the news.… and just discussed on CNBC. They joked about how “no other CEO would talk this way“.
View attachment 819966
Toyota recalls EV fleet as challenge to Tesla dominance suffers setback
World’s largest carmaker recalls 2,700 battery SUVs with safety issue less than two months after launchwww.ft.com
Seeing as this has zero to do with the battery or the fact that it is a BEV, where is that world renowned centuries tested auto manufacturing knowledge and expertise that Tesla haters like to brag the legacy OEMs will use to stampede over Tesla when they put their minds to it? Can’t keep the wheels on….View attachment 819966
Toyota recalls EV fleet as challenge to Tesla dominance suffers setback
World’s largest carmaker recalls 2,700 battery SUVs with safety issue less than two months after launchwww.ft.com