Tesla Roadster
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@Machpants said in Tesla Roadster:
Hopefully, the demo goes better than the bullet proof glass or the AI robot
Yeah that's an on-brand take. Well done.
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@dogmeat said in Tesla Roadster:
From what I have read, Tesla are doing poor sales wise and also allegedly outbuilt by BYD so I guess Musk has to hype them up somehow.
Yeah, they are doing terribly;
Tesla Model Y is world's best-selling car of 2023: report
Automotive intelligence firm JATO Dynamics says the Tesla Model Y has emerged as the best-selling car in 2023, marking a historic moment for the auto industry.
Not just the best selling EV, but the best selling car worldwide last year.
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its mad that a +$70k car is now outselling cars like the corolla
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@Kiwiwomble said in Tesla Roadster:
its mad that a +$70k car is now outselling cars like the corolla
higher CAPEX, lower OPEX
obviously up to a point...
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@Kiwiwomble said in Tesla Roadster:
its mad that a +$70k car is now outselling cars like the corolla
With government subsidies in the US it's less than $40 US, add in high gas prices.
BYD will end up the number 1, but they are also selling gas cars. No one is even close to Tesla in EVs, I think they sell more than all other EV makers combined.
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@Kirwan thats still an expensive car for a lot/most people and the figures aren't skewed by it being something like a work vehicle (vans/utes) which are often more expensive than a hatchback that a lot of people would go for
its impressive
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@Kirwan said in Tesla Roadster:
@Kiwiwomble said in Tesla Roadster:
its mad that a +$70k car is now outselling cars like the corolla
With government subsidies in the US it's less than $40 US, add in high gas prices.
BYD will end up the number 1, but they are also selling gas cars. No one is even close to Tesla in EVs, I think they sell more than all other EV makers combined.
Just in the US that stat.
When the new model comes out at the $25,000 price point it's going to be hard to beat Tesla. Especially if they add in the 48 volt architecture, steer by wire, four wheel steer from the CyberTruck.
They have started the factory for that in Mexico, starting to refine their own lithium and have the new battery tech coming. Not even mentioning the software advantage they have.
They are going to be giants.
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@Kirwan Heavily discounted in a failed attempt to shore up a (still) plummeting share price.
The market cap had already fallen by over 70% by Jan 2023 and has further declined steadily in the last 13 months.
It might have sold more cars but they realised less revenue illustrating that they were practically giving them away. Add production issues, regulatory investigations and increased competition, she's a pretty sick puppy.
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i dont particularly like Elon...but would we say the share price is plummeting? it might be down on its all time high but still what 10x what is was as recently as 2020?
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@dogmeat said in Tesla Roadster:
@Kirwan Heavily discounted in a failed attempt to shore up a (still) plummeting share price.
The market cap had already fallen by over 70% by Jan 2023 and has further declined steadily in the last 13 months.
It might have sold more cars but they realised less revenue illustrating that they were practically giving them away. Add production issues, regulatory investigations and increased competition, she's a pretty sick puppy.
I’ve been reading stories like that (usually planted by short sellers) since 2018.
Since then Tesla has grown 10x, worth $640 billion (11th largest company in the world by market cap) and now has 29 billion cash on hand. The mass market vehicle is around the corner, and their battery and power pack tech is giving them more markets, and they are leaders in real world AI.
Wish I was that sick.
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Not worth it’s own thread
Ground breaking technology?….not so much….impressive marketing?…yeah
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This was cooler;
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@Kirwan
Chinese EVs have 25% tariffs here in the US, so Tesla is protected. BYD is the top EV seller in the world.
I own Tesla stock and think its undervalued, but Elon seems to be more interested in getting high with Joe Rogan, and saving the world through X than focusing on what made Tesla great.
Its worrying
Flamethrower — The Boring Company
