Is Tesla's goal not to produce 20million vehicles per year?
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
MountainRatMat
Member
The reference was to TESLA 10Xing to 20 million not the entire EV industry.
Tesla will 10X, EV industry will 5X
Also, I wouldn't consider PHEV an EV so the whole market will need to go from 13% to 90%+
Does cruise or waymo have a solution for bad weather, when the LIDAR is absolutely useless? What is the point of HD maps when they are out of date immediately? Who the hell is going to install a robotaxi app for a ride hailing service that only works in decent weather? and only if there are no sudden roadworks or emergency diversions?
Waymo lose money on every journey. 'expanding' just means losing even more money. I hate to have to state the obvious but that is not a business model, its a pump-and-dump scheme that the executives responsible probably hope to quit and flee the company before anybody questions it.
check out the hardware:
3 lidar units and 3 radars, and cameras, all fitted to a high end jaguar i-pace for each car. Ridiculous expense. The chances of this being a commercial proposition that might be cheaper than uber is zero. Jaguar and the companies who make lidar probably love waymo.
Introducing the 5th-generation Waymo Driver: Informed by experience, designed for scale, engineered to tackle more environments
At Waymo, we’re building the World's Most Experienced Driver - our combination of hardware, software, and compute that powers vehicles to safely get people and things where they’re going.waymo.com
Its LAUGHABLE to brag about waymo expanding to another ting ring-fenced area in another city. Big whoop. Tesla is collecting data from every Tesla on earth. Their dataset is unmatched, and at this point, cannot be matched.
If you want to pump the value of waymo stock, try twitter, or reddit, or anywhere not full of people who actually look into the details like we do here.
What a weird argument, solution for bad weather? You know Cruise and Waymo uses cameras too, right? They have the same sensor set as Tesla and more. They could just rely on cameras too in bad weather. You can argue about the cost, but saying they can't drive in poor weather because of Lidar is just silly.
As for data advantage, I used to think it mattered a lot too before. But I am facing the facts of the evidence coming in. You should read this twitter thread from Kyle Vogt, Cruise's CEO:
In it he elaborates on how when they go into a new city, initially the performance is a bit worse than it was in San Francisco. So that goes to your point about the data advantage.
Except...they collect data for a few months and improve the models rapidly to reach similar performance in all cities.
This IS scalable. Cruise can get their software working in the biggest 50 metro areas in a few year probably, just with this iterate, deploy, and collect new data.
What data are they missing that they can't collect in a few months in each new place?
Also kinda thinking about this as the current global fleet rather than just new car sales that will take time to replace existing vehicles, and latest numbers I saw had EVs constituting ~1% of the 250million vehicles on roads today in the US (not sure about global, China is probably higher)
MountainRatMat
Member
Wow, listening to the Rivian earnings call and it is like listening to a Tesla earnings call a few years ago but much more subdued and not as many F-bombs.
Telsa is the clear leader and all other manufacturers are following the formula.
Software, blah blah blah
Over the air updates blah blah blah
Master of Reddit blah blah blah
We vertically integrate everything blah blah blah
Telsa is the clear leader and all other manufacturers are following the formula.
Software, blah blah blah
Over the air updates blah blah blah
Master of Reddit blah blah blah
We vertically integrate everything blah blah blah
The Accountant
Active Member
Tesla has setup the Virtual Power Plant (utilizing customer Powerwalls) in MA, CT and RI.
They keep 20% of the compensation (they receive 100% from the Utility company and pass on 80% to the homeowner).
As these programs continue to scale across the country, I suspect the margins will be huge.
They keep 20% of the compensation (they receive 100% from the Utility company and pass on 80% to the homeowner).
As these programs continue to scale across the country, I suspect the margins will be huge.
MartinAustin
Active Member
Speaking of the mission... hmph.
Legacy manufacturers are now locked into near-bankruptcy
medium.com
Legacy manufacturers are now locked into near-bankruptcy
Legacy auto are now locked into near bankruptcy. ‘Naïve green dreamers’? We were right all along.
It’s all starting to happen exactly as Elon Musk and Tony Seba (and yours truly) have predicted for . . a full decade.
medium.com
I can already hear legacy auto sharpening their pencils to justify why they should be bailed out.
20% of the profits for a service that is nearly automated sounds amazing. Tesla could well make more from energy trading over the life of the powerwall than they make from the initial sale. Or to put another way, Tesla could probably give the powerwalls away for free and still come out ahead over the life of the asset.
Energy trading desks at banks and other trading shops are extremely lucrative if done correctly (particularly when there are market dislocations) - It's a shame Tesla can only scale as fast as it's battery storage.
If the market treats this as recurring revenue it will also attract juicy valuation multiples.
Thumper
Active Member
Cadillac Celestiq will start at $340,000, buyers configuring cars now - Autoblog
Cadillac's CMO announces the Celestiq will start at $340,000 and that buyers configuring cars now. Production starts in December at the Artisan Center.
www.autoblog.com
So GM claims to have at least 600 orders for the Cadillac Celestic. For a whopping $340,00 you can go from 0-60 in "about 3.8 seconds". You get a 111 kWh battery that will take you about 300 miles on a charge and be seen in the Celestiq whose styling is, well, let's just say the ghost of Harly Earl is evident. Hand made 2ish per day. First deliveries Christmasish 2023. Wow what competition.
Curious to see how many actually get made and how many orders get cancelled. I guess the bar is set really low already so it does not really matter anywaysCadillac Celestiq will start at $340,000, buyers configuring cars now - Autoblog
Cadillac's CMO announces the Celestiq will start at $340,000 and that buyers configuring cars now. Production starts in December at the Artisan Center.
So GM claims to have at least 600 orders for the Cadillac Celestic. For a whopping $340,00 you can go from 0-60 in "about 3.8 seconds". You get a 111 kWh battery that will take you about 300 miles on a charge and be seen in the Celestiq whose styling is, well, let's just say the ghost of Harly Earl is evident. Hand made 2ish per day. First deliveries Christmasish 2023. Wow what competition.
New video from Tesla... More cowbell!
Another Tesla video... good way to spread the word about the tilting screen. Releasing these as YouTube Shorts will drive a lot of engagement.
Well barf me with a spoon, for $340,000 wouldn’t you think they’d at least lose the inexplicable hideous Darth-Vader-esque front grill from hell that degrades most non-Teslas??Cadillac Celestiq will start at $340,000, buyers configuring cars now - Autoblog
Cadillac's CMO announces the Celestiq will start at $340,000 and that buyers configuring cars now. Production starts in December at the Artisan Center.
So GM claims to have at least 600 orders for the Cadillac Celestic. For a whopping $340,00 you can go from 0-60 in "about 3.8 seconds". You get a 111 kWh battery that will take you about 300 miles on a charge and be seen in the Celestiq whose styling is, well, let's just say the ghost of Harly Earl is evident. Hand made 2ish per day. First deliveries Christmasish 2023. Wow what competition.
And @WolfHero , thanks, I had no clue Corey had a last name!
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Cory Steuben (ex-Murone) is on live Q&A with DirtyTesla:
Couldn't find this mentioned anywhere, but this is what happens when all of Market St in SF is closed. Commercial Real Estate went toxic, revolving credit shrinking, now banks downgraded. Deflation pending. China exports down big, people are trying to pay off credit cards with insane interests, spending spree is over. (Edit, I threw in other situations not mentioned below, all related tho.)
Meanwhile, Tesla is still chugging right along.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/JMBEYAU6YZMTLA4ODSQJ2WFRWQ.jpg)
www.reuters.com
Meanwhile, Tesla is still chugging right along.
Moody's downgrades US banks, warns of possible cuts to others
Report comes against backdrop of tightening monetary conditions.
www.reuters.com
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Interesting watch, and also noted that Cory doesn’t seem as plugged in to all the details as much as many of us are (e.g., which RHD cars have been discontinued). But, clearly very knowledgeable about the engineering topics.
Buckminster
Well-Known Member
Will this make Elon reconsider such large option packages going forwards?
A bonus (alongside much reduced share options)of a house and increased salary would be better value for the shareholder.
A bonus (alongside much reduced share options)of a house and increased salary would be better value for the shareholder.
OT, in trying to confirm my the revolving credit statement (Edit: comment mentioned above), I am a bit overwhelmed by this data.
What are credit Flows? Is it the actively paid debt vs delinquent? Hmmm.
What are credit Flows? Is it the actively paid debt vs delinquent? Hmmm.
Federal Reserve Board - Consumer Credit - G.19
The Federal Reserve Board of Governors in Washington DC.
www.federalreserve.gov
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