Lots of good info in the pdf. Looks like they have achieved pretty remarkable gravimetric energy density with both LCO and NMC cathode chemistries. Much better cycle life with high e- density NMC, though still not quite to EV standards, unless using battery swapping.
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
What other tech stock to consider?
- Thread starter Sanny
- Start date
JRP3
Hyperactive Member
Worth noting that the PDF was from 2020 so hopefully cycle life has continued to improve from there.
JRP3
Hyperactive Member
In this video they talk about a straight path in the anode for ion travel which suggests that the nano wires don't get squished during cell construction. Some good info in the Q&A later as well.
JRP3
Hyperactive Member
Proterra partnering with Thomas Built buses for a 160 bus order
ir.proterra.com
South Carolina Department of Education Secures Nation’s Largest EPA-Funded Electric School Bus Order with Thomas Built Buses and Proterra
South Carolina Department of Education to deploy 160 Proterra Powered electric school buses from Thomas Built Buses over the next year Order represents the nation’s largest electric school bus procurement funded through the EPA’s Clean School Bus Program to date COLUMBIA, S.C., March 29, 2023...
jabloomf1230
Minister of Silly Walks
Some Enovix news of note:
finance.yahoo.com
YBS International Berhad Working with Malaysian Financial Institutions and Local Authorities to Fund Equipment Buildout Enovix and YBS International Executives...
Enovix Announces Manufacturing Partner and Location for Fab-2 in Malaysia
YBS International Berhad Working with Malaysian Financial Institutions and Local Authorities to Fund Equipment Buildout Enovix and YBS International Executives From left to right: Franky Yong, COO and Executive Director of YBS International Group; Dr. Raj Talluri, President and CEO of Enovix...
YBS International Berhad Working with Malaysian Financial Institutions and Local Authorities to Fund Equipment Buildout Enovix and YBS International Executives...
JRP3
Hyperactive Member
Supposedly they are building production capacity which should help drive down price. If military and other specialized users are willing to pay 1k now it must at least deliver on the claims and hopefully help fund increased production. I expect we'll get more details from Sandy soon.
That's less than retail price of Milwaukee M18 packs...
(Which signifies nothing).
JRP3
Hyperactive Member
Okay, yeah I had that thought, which then led me to cell to M18 pack conversions. Tesla at $100/kWh would be amazing. 25Ah for $50???
Of course, real products deal with warranty, liability, distribution, crazy C rates...
Also signifies how hard it is to break into the EV battery space.
A helpful article summarizing Samsara's latest earnings report.
Buy Samsara After It Tops Views With 42% ARR Growth And Strong Guidance
Goldman Sachs upgraded Samsara to buy — arguing it can grow faster than 20% for a long time.
www.forbes.com
In 12 months, the company grew quarterly revenue by nearly 50% while cutting operating expenses by over 40%, resulting in a 75% reduction in net loss ($54M vs $253M). They're projecting positive cash flow within a year, but I think this may happen a quarter earlier. But more importantly, they have very strong product offerings. My company got in at just the right time so we locked in low prices for several years. Once we renew the contract, we're going to have to pay about twice as much since telematics devices have become much more expensive industry-wide. The value proposition for telematics devices in fleets is just so strong. AAA uses them along with half of the largest LTL trucking companies in the US.
The stock price has gone down since then for no fundamental reason. I'm in the process of rolling over 401k money to my IRAs so I can purchase more shares.
Anybody who wants to learn more about the company for the market can check out this Investory Day presentation: https://s29.q4cdn.com/853855404/files/doc_presentation/2022/Samsara-Investor-Day-2022.pdf
I agree with some of the more seasoned investors that a growth portfolio needs to have some diversification. TSLA holds a strong position in my portfolio, but IOT is going to be up there too. I just need TSLA to leave fleet telematics alone in the future lol.
I’d look at General Motors since they own Cruise. The rate at which their robotaxi service has grown is phenomenal. Will be in several cities by end of 2024
bkp_duke
Well-Known Member
Seriously hoping you left an /s off there
Cruise is a piece of *sugar*. Their accident rate is multiples higher than FSDb, and they are geofenced to a TINY subset of two cities in the US. The practical "value" of their service is near zero.
Oh, and GM spent 3.5B on Cruise in the last 2 years for . . . 60M in revenue.
I overall agree with your assessment that Cruise's value is blown way out of proportion. However, their accident rate relative to Tesla's is unclear since these two companies use different definitions of accident rate. There's an ongoing discussion on this in the FSD discussion thread.
bkp_duke
Well-Known Member
I am aware of that discussion, and I squarely fall on the "FSDb is a much lower accident rate" side of the argument. All data points to this conclusion.
That's an impressive accident rate for FSD - how much is their robotaxi service earning members?
Similar threads
- Article
