Deliveries down only 4.8% from Q2, 2019.
That $20B is roughly equal to the total market cap of Ford.
Have at it, rojo!
Deliveries down only 4.8% from Q2, 2019.
That $20B is roughly equal to the total market cap of Ford.
Have at it, rojo!
I sold my Model S after owning it for five years and the batteries started failing. Still waiting on the fully-autonomous autopilot I prepaid for.... Anyone else get theirs? Nope. Didn't think so.
Anyone been to Mars lately?
All the great stuff these days is coming out of Frisco and La La Land these days.
Tesla is now more worth than Toyota. A company who produces 10 million vehicles annually, 2.8 million of those in North America. While Tesla is doing 97,000 max in a quarter world wide.
You don't have to be an economic expert to see that there is something totally off here.
https://www.caradvice.com.au/862655/tesla-overtakes-toyota/
https://www.investopedia.com/articles/markets/021416/how-toyota-makes-money-tm.asp
Henry Ford wrote:
Tesla is now more worth than Toyota. A company who produces 10 million vehicles annually, 2.8 million of those in North America. While Tesla is doing 97,000 max in a quarter world wide.
You don't have to be an economic expert to see that there is something totally off here.
Hi, Henry. It's been a crazy few years since you first called Tesla wildly overvalued. I suspect that living in the world of last-generation auto companies, you forgot that companies are valued according to the market's expectations for future profits -- not numbers of cars produced today. The razor thin margins that ICE carmakers are getting for their inferior products and declining market shares are why the market is so certain that the table is turning, with Tesla soon to be selling millions of cars and Toyota (whose sales have dropped by more than 30% since Q2 2019) lucky to survive at all.
When is Tesla going to unionize and have the same razor thin margins as everyone else?
Who are all these people who are going to be able to afford teslas in the future? With no middle class consumers, they're going to have to start building cars that cost either millions or a few thousand dollars.
party like it's 1859 wrote:
Who are all these people who are going to be able to afford teslas in the future? With no middle class consumers, they're going to have to start building cars that cost either millions or a few thousand dollars.
They build better cars than any competitors at the $40,000 price point now, so why would you think they won't build better cars at a lower price point when they choose to enter that market? There once a plausible case that competitors had more free cash flow to innovate and catch up on battery technology, but that ship has sailed. Competitors are cash-strapped, and Tesla is awash in cash, even without the limitless possibilities for raising more. The moat is only growing larger.
And the union is the least of the problems for legacy carmakers. Quality is first. The bloated and crooked dealership model is #2. And competing with a rapidly innovating carmaker with better and better battery technology is #3.
I understand that companies are also valued for the future expectations.
But Tesla is something different. And no they are not building the best cars in the $40,000 price bracket. If you look at some customer reports their cars are build actually pretty crappy.
And there is no way that they can scale their production to any main manufactures size any time soon. Have you forgotten the reports where they were building cars in tents?
Tesla just might be the DeLorean of 2020.
You do realize Tesla is dead last in terms of build quality, right?
When are Tesla owners going to be able to get their cars repaired without starting their own self-repair Facebook groups?
Honestly you sound like a fanboy who never has and never will own a Tesla.
Cardiologist wrote:
I sold my Model S after owning it for five years and the batteries started failing. Still waiting on the fully-autonomous autopilot I prepaid for.... Anyone else get theirs? Nope. Didn't think so.
Anyone been to Mars lately?
Have not been to Mars but I have seen all the Tesla stock I bought at $590 a few months ago more than double in value.
I am a fan who owns a model 3 and knows first hand that no other car comes close.
Virtually no one who owns one disagrees:
So who does disagree? People who have an axe to grind.
Look forward to continuing the discussion for as long as you folks don't mind continuing to embarrass yourselves.
Giles Corey wrote:
Cardiologist wrote:
I sold my Model S after owning it for five years and the batteries started failing. Still waiting on the fully-autonomous autopilot I prepaid for.... Anyone else get theirs? Nope. Didn't think so.
Anyone been to Mars lately?
Have not been to Mars but I have seen all the Tesla stock I bought at $590 a few months ago more than double in value.
It's a week later, and now you've seen it almost triple.
RIP: D3 All-American Frank Csorba - who ran 13:56 in March - dead
RENATO can you talk about the preparation of Emile Cairess 2:06
Running for Bowerman Track Club used to be cool now its embarrassing
Rest in Peace Adrian Lehmann - 2:11 Swiss marathoner. Dies of heart attack.
Hats off to my dad. He just ran a 1:42 Half Marathon and turns 75 in 2 months!
Great interview with Steve Cram - says Jakob has no chance of WRs this year