Krugerrand
Meow
Do the right thing is the moral/ethical right thing. In case you misunderstood.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
He leads over 127k people at Tesla, 13k at SpaceX, 2.3k at X, 200 at Boring Company, 300 at Neuralink.
Please, can you share how you are an expert in how he manages his employees on the HR side as opposed to products/services?
I certainly am not. Personally, I've always been an individual contributor and, as such and being self-aware, I'm just astounded by what the guy is doing! To add on, I think we all should be!
Krugerrand
Meow
You missed the part where I don’t like people very much and would welcome a zombie apocalypse. So do I care about the mission? Depends on the day and how ugly people have been recently.
My issue with this BP deal etc., is the rebranding and removal of any vestiges that the idea, the invention, the hardware and the software are from Tesla. I don’t like that one little bit and I’ve stated why in previous posts.
GhostSkater
Member
Krugerrand
Meow
They must think Tesla isn’t offering them enough of something, otherwise why would they need a collective agreement. No reason for a collective agreement if they believe everything is hunky dory.
mars_or_bust
Member
One does not negotiate with terrorists.
What about when Elon decided to leave out risk #11 (tank rings to prevent fuel sloshing) on the 3rd launch at SpaceX? That Engineering mistake brought the whole company to a stand still. Try and top them cigars!
Stretch2727
Engineer and Car Nut
For those that want to try to attend the Cybertruck delivery event.
Krugerrand
Meow
Only if Europe consisted of just Sweden, Germany and France.
Krugerrand
Meow
I love it! It’s a recipe for the perfect demise. Bravo!
Krugerrand
Meow
If they’ve been talking to Tesla then Tesla has come to the table. Or are we disputing no physical table has been present during emails, texts, zoom meetings or phone calls of ‘talking’.
Knightshade
Well-Known Member
This seems goalpost movey? His literal message was Elon claimed the monthly payment on the Y was about the same after the price cuts due to higher loan rates... and he quotes Elon saying exactly that thing.
That message is factually untrue, and I'd hardly call an ~18% cheaper payment "marginally lower"
See below for discussion on the "broader economy" perspective- which I largely agree with.
See, THAT is a much better explanation.
Mind you, using 2019 #s makes little sense when trying to discuss the idea you had to lower prices to maintain and increase sales, given 2021 and 2022 sales, with HIGHER monthly payments, were all much higher than 2019 sales at the prices nearer todays- but at least it lets us explain Elons claim as simply copying someone elses flawed homework and not understanding how a 5% increase in interest doesn't equal a 25% price cut in terms of the payment.
It's a simplistic claim, it doesn't need complex analysis to disprove.
His words were "remained constant"-- it hasn't though. It went up a fair bit in late 21 and especially 22... then it dropped a bunch throughout 23. That's not constant at all. So over the entire time period it was up and down. As to what time period is relevant my thoughts below:
Sure. But the context was to suggest the car, to a consumer, had never actually gotten cheaper over time. That due to loan rates the big recent price cuts weren't really "cuts" to the customer. The narrative being given was trying to explain the huge price cuts this year as just keeping the net cost to customers in line.
But as the simple analysis shows, that's not so. The monthly is ~18% lower today than it was at the start of this year.
To be fair- SOME of us knew that.
LOTS of others kept insisting Tesla would magically maintain the crazy high margins of past years forever, with EPS projections going up 50-100% a year for the rest of the decade.
It doesn't remotely correlate with credit markets. As others noted here the Tesla price on these is quite close today, with expensive credit, as it was in 2019 with cheap credit.
So this again seems to be as someone else suggested Elon saw a tweet claiming net price of the loan was the same today and just repeated it on the call without checking any numbers.
I agree there's perfectly reasonable macro reasons you might need to adjust price such that your monthly to your custom is significantly lower than it was a year ago-- but that wasn't the argument Elon was making.
See above, I think that's a TOTALLY reasonable and likely argument. It's just not the one that was given on the call and the one with which I took issue because it ain't factually true.[/QUOTE]
Krugerrand
Meow
Sage advice I try to follow, but every once in a while - I just can’t. But thank you for the reminder.
navguy12
Active Member
There is a chap in Barrie Ontario who picked up his new TM3 (at the International Center near Pearson Airport) two days before I picked mine up on 01 Jun 2018.
Last I saw (about six months ago) he had exceeded 300,000 km.
I’m only at 120,000 km and the original 499 km at 100% SOC back in June 2018 is still showing 478 km at 100% SOC (and still accepting a charge):
As always, YMMV
Attachments
[/QUOTE]
Price cuts below launch price which resulted in a similar payment can be explained by Tesla wanting to keep monthly payment in the same ballpark and this is what is needed to drive half a million units per quarter.
Tesla pricing inflation and deflation beyond launch prices set by the company can be explained by multiple macroeconomic factors we all know about. But if Elon needs to have an explanation about price cut, it is when it goes under initial launch price.
MartinAustin
Active Member
(Not defending Troy, but...) If the COGS has gone up... the $500 isn't all extra profit.
MartinAustin
Active Member
Maybe I can make money this way... order a Lucid, wait a day, then call them up offering to cancel my order if they'll give me $400,000 ?View attachment 985892
Still can get in cheap y'all!!!
View attachment 985894
So, as we are at the weekend, any suggestions on what Tesla should do (IF ANYTHING) to address what I'll call both education about EVs and actual animosity (or at least opposition) toward EVs?
My first EV was a Chevy Volt (2012-2015). After that I moved to a Model S. For most of that time, my friends and co-workers were either ambivalent or mildly curious. A few became enthusiastic with test drives or at least impressed! They generally had all the usual questions (i.e. how far does it go on a charge, how do your charge, who fixes it, how long does the battery last, etc.).
Flash forward to today and most folks I run into still have the same basic questions (poke your heads outside the EV bubble), BUT now I also get the "I'll never own one of those cars!" attitude as folks view it as a "government thing" being jammed down their throats (and they aren't interested "regardless of price"...or so they say). I equate it to the "darn foreign cars" mindset of U.S. buyers decades ago.
Sure, the best thing Tesla can do is "keep making a compelling product" (indeed they HAVE to do this), but in an age of instant communication and rampant misinformation, should they do more? Heck, is there anything that can be done? The "A" word comes to mind of course, but what else? Even if Tesla can't "convert" those vehemently opposed...what about at least targeting the "ambivalent"?
Of course, MAYBE the Cybertruck will do this...much like the Model 3 and Y have in their respective segments. What I don't think is the answer is simply cutting prices into oblivion...remember, car buying is about "emotion" - it has been for decades. The Model 3 really triggered the "new car fever"...will anything else?
My first EV was a Chevy Volt (2012-2015). After that I moved to a Model S. For most of that time, my friends and co-workers were either ambivalent or mildly curious. A few became enthusiastic with test drives or at least impressed! They generally had all the usual questions (i.e. how far does it go on a charge, how do your charge, who fixes it, how long does the battery last, etc.).
Flash forward to today and most folks I run into still have the same basic questions (poke your heads outside the EV bubble), BUT now I also get the "I'll never own one of those cars!" attitude as folks view it as a "government thing" being jammed down their throats (and they aren't interested "regardless of price"...or so they say). I equate it to the "darn foreign cars" mindset of U.S. buyers decades ago.
Sure, the best thing Tesla can do is "keep making a compelling product" (indeed they HAVE to do this), but in an age of instant communication and rampant misinformation, should they do more? Heck, is there anything that can be done? The "A" word comes to mind of course, but what else? Even if Tesla can't "convert" those vehemently opposed...what about at least targeting the "ambivalent"?
Of course, MAYBE the Cybertruck will do this...much like the Model 3 and Y have in their respective segments. What I don't think is the answer is simply cutting prices into oblivion...remember, car buying is about "emotion" - it has been for decades. The Model 3 really triggered the "new car fever"...will anything else?
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New Tesla color - Stealth Grey
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