Lol like there Solid FramesToyota quality
Ford shares shitting the bed on earnings miss...
- Thread starter VenomVeins
- Start date
I am going to assume that this post is satire.
Tesla sucks and just lost over $600 million for the year. Can’t make money when the government pays for your technology, pays for your factories, pays your customers to buy your product and when you have no competition.
Damn how bad can they be?
Weird. It's almost like I drove it to work this morning and it ticked over 270,600
Maybe I'm just imagining things. Oh wait, i'm not.
Tesla is a world/culture changing brand considering they are really the first brand to start electric, maintain electric, and be successful at it (finances aside). They pushed the big brands to rethink their position on hybrid/electric cars. They pushed a nation to reconsider the idea of all electric. It's now cool to drive a Tesla/all electric. Before it was a nerdgasm.
Needless to say, they made a substantial impact already. That's why investors invest. The likelihood they release/get shit together/do something even more substantial is very high in comparison to Ford, GM, Toyota, etc.
Needless to say, they made a substantial impact already. That's why investors invest. The likelihood they release/get shit together/do something even more substantial is very high in comparison to Ford, GM, Toyota, etc.
In perfect condition right lol. Show room floor. Next youll tell me it was 58k OTD.
If China wasn't pushing as hard as they are for electrification for cars, most automarkers wouldn't bother with them as the business case for electric cars = substantial losses.
"finances aside" lmao.
Tesla has lost more than $10 billion in the last 10 years. It has received more than $5 billion from governments around the world. Elon has had his net worth increase by more than $30 billion. As all our money is lost Elon makes double. What do you call this...oh yes a Ponzi scheme!
Alot of people have no idea , how much the government has invested in Tesla
This is what some on this forum are failing to grasp.
Since im knee deep in the stock market on an almost daily basis, i’ll simplify why Tesla stock is so high and will most likely continue to surge higher:
Investor confidence.
They will NEVER not have deep pocket investors willing to give them truckloads of money. Elon has built a brand that alot of people believe in.
Ford, GM, Toyota, ect do NOT inspire investor confidence the way Tesla does. Period.
Add in solar and space x and investors are literally jizzing themselves at the thought of being able to give Elon thier money.
This sentiment is literally driving the stock upwards.
Proof's in the pudding. Tesla has something Ford and GM do not- a future.
Until Ford/GM start innovating to the level of Tesla, they will continue to have Fisher Price grade stock. At least Tesla has hope. FCA is the android of car manufacturers that sell in volume/bells and whistles. Their business model works because they didn't try to reinvent into this weird half car/half tech company. No identity crisis in the FCA Building. But definitely at GM/Ford.
LOL! That is funny.
When you account for number of patents tied to electric vehicles, Tesla isn't even in the top 5 for US patents. Do you know who is #1? Ford. #2? General Motors. Tesla is 10th.
Source: In the global race for Electric Vehicle innovation, America tops Japan for first place - IPWatchdog.com | Patents & Patent Law
But hey, keep drinking that Tesla koolaid. A lot of the components in Tesla are designed and engineered by vendors in Michigan. Tesla has serious quality control issues and they took Toyota's NUMMI plant and managed to make the most efficent plant in the US to the least. Good job Tesla!
A future creating a product from government money, selling to a people who use government money to pay for it and still not being able to turn a profit.
What would be the price of this stock if they had no money from the government, no government money for their customers, no money from Germany or China building their new factories?
Wait, Tesla takes innovation from someone else, change the name, tell everyone it’s new, then take government handouts to build and to make a sale, lose hundreds of millions of dollars and tell everyone they are changing the world or the innovative company?
Scammed!!
You are correct on the patents.
The MASSIVE disconnect comes with the ‘implementation’. Ford, GM, Toyota, ect lack this critical component, and this is where Tesla shines:
Tesla teardown finds electronics 6 years ahead of Toyota and VW
Tesla now has millions of millions of miles of “real world data” from thier current fleet of vehicles that people purchased to further innovate from, leading to an excellent Autopilot feature and eventually Full Self Driving.
All Teslas LITERALLY download upgrades multiple times a year to make the overall car better from Autopilot to Battery life/Charge time and add features like video games and movie content while streamlining the speed at which the screens respond.
Its ****ing crazy, and its something NO OTHER manufacturer can offer. (A car that continuously upgrades itself to be better free of charge)
Also, the people who own Teslas are more than happy to accomodate them in this, leading to an insane amount of free ‘R & D’ that other brands do not get the benefit of, and that number is only growing to the point where Tesla cannot keep up with the demand for thier product.
At this juncture, every other manufacturer are light years behind Tesla in this department, like it or not.
The stock reflects all of this.
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Stock reflects lemmings that don’t understand how a company can lose money after they don’t have to pay for half the things normal companies do all while having no competition.
This may or may not be true.
Im just the messenger here.
Read the article i linked in my last post. Its very telling.
Tesla has an overvalued stock that only has it is valuation because it is treated like a tech stock versus what it truly is, a fledgling automaker that existed for well over a decade and has yet to make a GAAP profit.
Thankfully Tesla has True Believers™ like you that they know can eat out of Elon's hands. Contrary to popular belief, SAE level 5 automation of cars wont be coming for decades. The US doesn't even have the infrastructure for vehicle-to-vehicle communication, much less SAE level 5 automation. So, enjoy using your glorified automated radar cruise control that is beta tested by the customers instead of engineers. Scary. Tesla's battery packs aren't superior to their cometition either. Under frigid temps, a Tesla loses 40% of it is range. Want to use heated seats or, hell, the heater? The range goes down dramatically.
According to a report from the Manhattan Institute by Mark P. Mills, entitled “The New Energy Economy: An Exercise in Magical Thinking” those realities are sobering. In fact, they’re downright ugly. Here are just a few:
· Hydrocarbons supply over 80% of world energy: If all that were in the form of oil, the barrels would line up from Washington, D.C., to Los Angeles, and that entire line would grow by the height of the Washington Monument every week.
· A 100x growth in the number of electric vehicles to 400 million on the roads by 2040 would displace 5% of global oil demand.
· Renewable energy would have to expand 90-fold to replace global hydrocarbons in two decades. It took a half-century for global petroleum production to expand “only” 10-fold.
· Replacing U.S. hydrocarbon-based electric generation over the next 30 years would require a construction program building out the grid at a rate 14-fold greater than any time in history.
· Efficiency increases energy demand: since 1995, energy used per byte is down about 10,000-fold, but global data traffic rose about a million-fold; global electricity used for computing soared.
· Since 1995, total world energy use rose by 50%, an amount equal to adding two entire United States’ worth of demand.
· For security and reliability, an average of two months of national demand for hydrocarbons are in storage at any time. Today, barely two hours of national electricity demand can be stored in all utility-scale batteries plus all batteries in one million electric cars in America.
· Batteries produced annually by the Tesla Gigafactory (the world’s biggest battery factory) can store three minutes worth of annual U.S. electric demand. And, to make enough batteries to store two-day’s worth of U.S. electricity demand would require 1,000 years of production by the Gigafactory.
· Every $1 billion spent on data centers leads to $7 billion in electricity consumed over two decades. Global spending on data centers is more than $100 billion a year—and rising.
· Over a 30-year period, $1 million worth of utility-scale solar or wind produces 40 million and 55 million kWh respectively. $1 million worth of shale well produces enough natural gas to generate 300 million kWh over 30 years.
· It costs less than $0.50 to store a barrel of oil, or its equivalent in natural gas, but it costs $200 to store the equivalent energy of a barrel of oil in batteries.
· Over 90% of America’s electricity, and 99% of the power used in transportation, comes from sources that can easily supply energy to the economy any time the market demands it.
· Politicians and pundits like to invoke “moonshot” language. But transforming the energy economy is not like putting a few people on the moon a few times. It is like putting all of humanity on the moon—permanently.
· The common cliché: an energy tech disruption will echo the digital tech disruption. But information-producing machines and energy-producing machines involve profoundly different physics; the cliché is sillier than comparing apples to bowling balls.
· If solar power scaled like computer-tech, a single postage-stamp-size solar array would power the Empire State Building. That only happens in comic books.
· If batteries scaled like digital tech, a battery the size of a book, costing three cents, could power a jetliner to Asia. That only happens in comic books.
· If combustion engines scaled like computers, a car engine would shrink to the size of an ant and produce a thousand-fold more horsepower; actual ant-sized engines produce 100,000 times less power.
· About 60 pounds of batteries are needed to store the energy equivalent of one pound of hydrocarbons. At least 100 pounds of materials are mined, moved and processed for every pound of battery fabricated.
· Storing the energy equivalent of one barrel of oil, which weighs 300 pounds, requires 20,000 pounds of Tesla batteries ($200,000 worth).
· Carrying the energy equivalent of the aviation fuel used by an aircraft flying to Asia would require $60 million worth of Tesla-type batteries weighing five times more than that aircraft.
· It takes the energy-equivalent of 100 barrels of oil to fabricate a quantity of batteries that can store the energy equivalent of a single barrel of oil.
· A battery-centric grid and car world means mining gigatons more of the earth to access lithium, copper, nickel, graphite, rare earths, cobalt, etc.—and using millions of tons of oil and coal both in mining and to fabricate metals and concrete. And in case you’re wondering, China dominates global battery production with its grid 70% coal-fueled. EVs using Chinese batteries will create more carbon-dioxide than saved by replacing oil-burning engines.
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