I guess the silver lining in this P&D report is that the bar is being reset really low, so perhaps there is a chance to beat reduced expectations in the future.
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EV’s are rapidly becoming another tribal litmus test. Give it another 6 months and this will be a significant factor in sales.Unless the new kind of people who like him mostly support his new political opinions and do not care about his company's products. They may well be against them, by the way.
No. Tom Zhu from Shanghai is at GigaTexas.Funny thing is, the real reason we did not get truly updated Model 3 with Giga castings, was the downtime in Model 3 production would be too long...........................................................................................................................ok.
And what is up with Fremont? I am sure the production guru from Shanghai is there overseeing the update process. Maybe after the Gen 3 production method gets up and running, Tesla will take a hard long look at Fremont.
For a Tesla owner to display first the car of another brand on is profil picture for me is not credibleThis probably won’t get a warm reception here but it might be relevant for investors.
I’m driving my second Tesla now and will not buy another, specifically because of Elon Musk. He’s turned my car into a MAGA hat and I want to be as far away from the brand as possible.
The moment that FSD allows the sale of my car to break even, I’m out, though his nonsense in that regard probably means I’ll take a bath on this car.
Even if Elon is gone it’ll be a while before the stink is off the brand. I’m willing to accept a (moderately) inferior car to be away from Tesla and I’m willing to lose money to do so. Anecdotally I have a friend who is a surgeon and a friend who is a prominent TV producer and both have moved on from their Teslas for this reason.
Anyway, flame away.
I'm very skeptical many people will use their car as a robotaxi even if it is capable of doing so. When someone can be drunk, tired, or otherwise incapable of driving, and the car can safely and legally get you to your destination, that is when FSD sales will take off. I think we'll get there, but not for another couple years (some technical, but mostly legal).
I completely disagree. On the contrary, Uber’s financials are the best indicator that robotaxis would be wildly profitable. At their current scale they are running approximately at break even profitability. Tesla Network should be able to provide a superior customer experience while also reducing costs by about 2 to 4x relative to the combined costs for Uber and the drivers.Well you are modeling so the good news there is that when something goes off kilter you can look and see why. I would say that most Uber profits are in just a few cities. Really less than 20. Actually I meant revenues but lets assume a relationship. Waymo will be there by the time Tesla is doing robotaxis. I'll go out and say I think Waymo will make a billion in Robotaxi profit before Tesla.
I think lots of people would like a FSD suite on a car to drive them in their car and I think software sales could be very nice indeed. Just not sold on the whole taas thing.
That was my first EV, a 1997 GM EV1.For a Tesla owner to display first the car of another brand on is profil picture for me is not credible
If you assume that there's a very limited number of companies with AVs then they can potentially have high margins by having prices lower than Uber.I completely disagree. On the contrary, Uber’s financials are the best indicator that robotaxis would be wildly profitable. At their current scale they are running approximately at break even profitability. Tesla Network should be able to reduce costs by about 2 to 4x relative to the combined costs for Uber and the drivers.
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Likely yes, at current pricing and given constraints. T'is but a snapshot during this time of Max Q. Side note, market is also down bigly today.Still I think its clear by now the demand problem is real.
That was my first EV, a 1997 GM EV1.
Not sure how my being a passionate EV driver for nearly 30 years reduces my credibility but ok.
You stated this much more effectively than I did. This is exactly how I feel.You won't get a flame from me. I think that you are correct.
Regardless of each of our individual perspectives on Elon Musk's publicly prominent views and behaviours, I think that Tesla is paying a price for them: there is a significant segment of the population for whom the brand has become toxic because of those views and behaviours and who would specifically not consider buying a Tesla for that reason. And I don't think that this is nearly compensated for by persons who would specifically buy a Tesla in support of those publicly prominent views and behaviours. I think that if Musk had an neutral public persona, or simply did not cultivate a public persona in respect of his social/political outlook, Tesla would sell more cars. Naturally, he has every right to have his views and express them publicly and prominently. But the brand does pay a price, and I think it has become a significant one.
And I think that is too bad, because Tesla makes excellent vehicles. I strongly support the EV 'project' and in my view Tesla - and Musk personally - have been absolutely key in making it happen.
Europe won't be the only culprit. We'll be no doubt lower than Q123 (best quarter ever, with 94k) but US and China will disappoint too.I heard from Tesla employees that for this Q, the problem in Europe was of total demand and not logistics.
His DJT holdings alone are worth $5 billion /sExcept maybe one billionaire. Oh right, this guy may not be a billionaire.
47k increase, total inventory now 145k cars.50K cars in transit or inventory is alarming to me.
BYD Q1 is always way down from Q4. They grew sales 14% y/y, Tesla declined 8.5%.I don't think its just a Tesla demand issue but an auto industry issue, even BYD is down like 40% for Q1.
Storage deployments grew 4% y/y.Megapacks are still climbing nicely,
I'm willing to say zero. Employees buy stock thru an ESPP or are awarded actual stocks in a Stock Award program. There are no options.Can you guess the % of Tesla employees holding underwater stock options?
@nativewolfOk, I agree. I expect lots of robotaxis when they happen. I don't expect huge profits. I am really not sure on the vehicle ownership, buying an old scion or corolla for $1-2k and paying gas and 50/month in insurance is going to be very hard to beat. Then you have public transportation to compete with in NYC, Chicago, etc. I just think transportation will prove a hard profit nut to crack.
From a gas station.@nativewolf
exactly =>where<= are you going to get this rapidly diminishing resource, gas, 5-10 short years from now???