To add:
The ”Buffett selling BYD” story in that article is as follows: “The sale lowered Berkshire's holdings in BYD's total issued H-shares to 13.97% on Jan. 3 from 14.06%, a filing to the Hong Kong Stock Exchange showed on Monday.”
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
The ”Buffett selling BYD” story in that article is as follows: “The sale lowered Berkshire's holdings in BYD's total issued H-shares to 13.97% on Jan. 3 from 14.06%, a filing to the Hong Kong Stock Exchange showed on Monday.”
Captkerosene
Member
Wish we had a better name for the "Semi." I propose "Megatruck." Maybe some issues making the name official but we need better branding ... semi, semi what?
It seems it's goona take high vol Model Q to destroy TSLAQ
March 1st ....
I hope more than anything that there is no way Tesla will actually announce any sort of cheaper vehicle on March 1st, that they haven’t even built the factory for yet, meaning it would be a 2024 product. That would be suicidal to current entry level vehicle sales, especially in a year which Elon thinks is heading for a recession. It would be comparable to Apple announcing the iPhone 15 now with a ship date of November (which would obviously be very detrimental to the next 3 quarters of iPhone 14 sales).
March 1st will be about fleshing out the goals for the platform for the next generation vehicle lines, how costs of production will be lowered due to higher speed production, more efficiency, cheaper batteries etc. The only vehicles I would want to see announced are ones that would not cannibalise current lines much, if at all. A van. A smaller semi. A bus. A new CT variant. A boring tunnel pod. I expect there will be a good preview of the essentially finished CT production line.,
I guess they could preview a smaller, cheaper to produce passenger vehicle based on the next gen platform, but only as a premium performance model that is priced higher than the entry level 3/Y SR models (which would obviously be the same essential product that would eventually be the $25k car).
You seem to be missing the point here. Tesla does not order a GigaPress if there is nowhere to put it.
If the Gigapress is being shipped to Tesla, there is a factory built or space to install it. Tesla isn't going to wait until after the GigaPress is en-route to start thinking about where they are going to install it.
That is what is most interesting about this announcement. It either means someone other than Tesla has figured out how to use a GP like this. Or it means that Tesla has managed to find or build enough factory space and is preparing to launch a new vehicle out of China that requires a 9kTon JigaPress.
If this is the case (huge IF), then Tesla would be announcing a vehicle which will be going into production in Shaghai in 9-12 months. What vehicles would make most sense to launch in China first which would require a 9k Ton Gigapress? The list is fairly short here.
What early 2023 feels like as a TSLA investor.
Full stack dress rehearsal in the next few days. 33 engine static fire test maybe next week.
Starship TSLA orbital launch is late February.
(queue the launch crash and burn videos now)
Full stack dress rehearsal in the next few days. 33 engine static fire test maybe next week.
(queue the launch crash and burn videos now)
If it’s not for Tesla, my second guess is that it is for Volvo/Polestar. They announced early last year that they’re basically copying Tesla on the use of mega casting and structural battery packs. There were also rumors that the mega casting machine they ordered was going to be the same that Tesla will use for the CT.
Nio and Xpeng also announced they’ll introduce some mega casting parts, but their presses will be made in China.
“Volvo will use an 8,000-ton integrated casting machine, the same as the GigaPress rumored to be used for Tesla's Cybertruck, and higher than the 6,000-ton machine currently used by Tesla for the Model Y.”
Volvo reportedly plans to use large die-casting process at China plants
Volvo Cars announced yesterday that it will invest $1.1 billion in upgrades to its plant in Sweden, a key one of which is the introduction of a large casting process.
cnevpost.com
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If they are going to be updating the plant in Sweden, why would the Gigapress be shipped to China?If it’s not for Tesla, my second guess is that it is for Volvo/Polestar. They announced early last year that they’re basically copying Tesla on the use of mega casting and structural battery packs. There were also rumors that the mega casting machine they ordered was going to be the same that Tesla will use for the CT.
Nio and Xpeng also announced they’ll introduce some mega casting parts, but their presses will be made in China.
“Volvo will use an 8,000-ton integrated casting machine, the same as the GigaPress rumored to be used for Tesla's Cybertruck, and higher than the 6,000-ton machine currently used by Tesla for the Model Y.”
Volvo reportedly plans to use large die-casting process at China plants
Volvo Cars announced yesterday that it will invest $1.1 billion in upgrades to its plant in Sweden, a key one of which is the introduction of a large casting process.
That is what makes this bit of news super interesting.If it’s not for Tesla, my second guess is that it is for Volvo/Polestar. They announced early last year that they’re basically copying Tesla on the use of mega casting and structural battery packs. There were also rumors that the mega casting machine they ordered was going to be the same that Tesla will use for the CT.
Nio and Xpeng also announced they’ll introduce some mega casting parts, but their presses will be made in China.
“Volvo will use an 8,000-ton integrated casting machine, the same as the GigaPress rumored to be used for Tesla's Cybertruck, and higher than the 6,000-ton machine currently used by Tesla for the Model Y.”
Volvo reportedly plans to use large die-casting process at China plants
Volvo Cars announced yesterday that it will invest $1.1 billion in upgrades to its plant in Sweden, a key one of which is the introduction of a large casting process.
It's either something really unexpected and potentially amazing for Tesla.
Or
It's super curious action from their competition.
Either way, big news. Just not sure yet what it means. March 1st is only 56 days off...
Elon's stated many times: automotive companies are not the competition. ICE cars are the competition.
Knightshade
Well-Known Member
FWIW I wouldn't label it super curious action from competition- I'd label it completely sensical and long overdue action from them.
Aunt Cathie purchased another 28K shares today. She's been loading up the last week or two.
is this a hint Kimba is getting kicked off the board?
thesmokingman
Active Member
Just to anchor this in reality, there's a lot of talk about castings but none have the prowess to do it, even the Chinese including Geeley. Volvo/Polestar don't have the scaling to make the cost possible. Still just talking... it's been a year since both articles and still nothing.If it’s not for Tesla, my second guess is that it is for Volvo/Polestar. They announced early last year that they’re basically copying Tesla on the use of mega casting and structural battery packs. There were also rumors that the mega casting machine they ordered was going to be the same that Tesla will use for the CT.
Nio and Xpeng also announced they’ll introduce some mega casting parts, but their presses will be made in China.
“Volvo will use an 8,000-ton integrated casting machine, the same as the GigaPress rumored to be used for Tesla's Cybertruck, and higher than the 6,000-ton machine currently used by Tesla for the Model Y.”
Volvo reportedly plans to use large die-casting process at China plants
Volvo Cars announced yesterday that it will invest $1.1 billion in upgrades to its plant in Sweden, a key one of which is the introduction of a large casting process.
Casting Machines Coming To 6 More Chinese Car Makers - CleanTechnica
From casting toy cars to casting Teslas -- the story of Liu Siong Song.
cleantechnica.com
thesmokingman
Active Member
cdub
OG 2011 Leaf / 2023 Model Y LR
navguy12
Active Member
I wonder how many of those 94K+ people decided to buy a Tesla after the experience?
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