Tesla cuts prices as Model 3 deliveries narrowly miss estimates

Post by Zarel » Wed, Jan 02, 2019, 8:31 PM UTC

clouddrover wrote: post #143

martythemaniak wrote: post #91

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> I don't know what he's done to earn my trust, or any investor's. The ~20x ROI since IPO has made many people trust him. Tesla itself is a marvelous success, with no established car maker able to match them yet. It is far more likely that your personal dislike of him is making you see a distorted reality.

> with no established car maker able to match them yet. The Hyundai Kona EV is cheaper, has good range, and outperforms new model Teslas in 24-hour efficiency (interestingly finishing second to the original Tesla Roadster): https://insideevs.com/hyundai-kona-electric-gets-shockingly-... https://electrek.co/2018/12/23/tesla-roadster-24-hour-electr... Teslas are among the least reliable cars you can buy. If you want hi…

Post by dmode » Wed, Jan 02, 2019, 8:31 PM UTC

gamblor956 wrote: post #66

luckydata wrote: post #53

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Competition has been arriving for quite a while though. Having just bought a Tesla, I can tell you I'm starting to appreciate more than just intellectually the huge network of chargers and other infrastructure that company has laid out. It's not perfect but anyone else wanting to play in this market will need the same, and Jaguar is in no position to do it. I don't think anyone at Tesla is losing any sleep over Jagua…

I live in a nice part of LA and I see as many iPace's as Teslas, and the iPace has only been available for about 3 months locally. And the iPace owners are absolutely glowing in their reviews of the car in a way I've never heard Tesla owners get. Indeed--while most Tesla owners I know talk their heads off about the charging network[1], they tend to be defensive about the actual quality of the car itself in ways that…

Post by juhanima » Wed, Jan 02, 2019, 8:38 PM UTC

dmode wrote: post #155

"Automaker sold 63,150 Model 3 in the fourth quarter" - [and this is only in North America] What Tesla has achieved is truly unbelievable and it is kind of hilarious to see HN meltdown and Tesla bashing. To give you a perspective on how much of a gigantic scale this is, BMW only sold 99,000 3/4 series in the US in all on 2017 [1]. Tesla is a carmaker who only sold ~100 vehicles in 2011. It is amazing how much of Tesl…

Post by dmode » Wed, Jan 02, 2019, 8:44 PM UTC

juhanima wrote: post #165

dmode wrote: post #155

"Automaker sold 63,150 Model 3 in the fourth quarter" - [and this is only in North America] What Tesla has achieved is truly unbelievable and it is kind of hilarious to see HN meltdown and Tesla bashing. To give you a perspective on how much of a gigantic scale this is, BMW only sold 99,000 3/4 series in the US in all on 2017 [1]. Tesla is a carmaker who only sold ~100 vehicles in 2011. It is amazing how much of Tesl…

Nope, that's just the U.S. sales figures for BMW (says so in the link). You need to add the European sales of the 3-series (129,000) and 4-series (64,000) with the China figures (123,000) to get a bit closer to the global figure of 415,000 cars for both 3/4 series.

Post by dmode » Wed, Jan 02, 2019, 8:47 PM UTC

querulous wrote: post #162

dmode wrote: post #148

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>>At $50B Market Cap, Tesla should be delivering at least $2B Annual profits There is no rule like that on a growth stock. You don't value growth stock on a P/E ratio, but some measure of future discounted cashflows.

tesla already has a market cap bigger than both ford and gm. you have to believe tesla is going to be the sole major north american car manufacturer in the near future to think tesla is a growth stock