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Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

nytimes.com

721–730 of 778 posts

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

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post #707

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It won't work quite as well just because it takes so much longer to charge an EV than it does to gas up a regular car. So the limited lots of existing stations will have a much lower turnover rate than they do now. Also most places around me are very much just the traditional convenience store you can only get a very limited selection of stuff (like a smattering for fruit and milk at best with maybe some cereals or s…

It's eventually going to be something that happens when the car is parked, rather than a specific stop for charging/gassing up. I've already seen parking garages and street side meters equipped with EV chargers (although rarely an EV parked there). Ideally all batteries would be standardized, so you'd just pull up to a place and swap like you would a propane tank, but open standards aren't as inticing to investors as…

Swappable batteries likely won't be cost effective for cars for safety reasons, if nothing else. Most EVs have the batteries "buried" in impact-protected spots, with firewalls between them, and in such ways that the battery is reliant upon and sometimes in turn contributes to the structural integrity of the car. Even if the packs were standardized by regulation, getting safe access to the packs in most EVs is expensive and unsafe access is potentially hazardous to long-term fire and/or structural safety of the vehicle.

Anyway, yes, the focus on charging inside of cities should be places that cars are already parked. For travel between cities, it will be businesses that can best take advantage of 30-45 minutes of downtime (assuming fast charging), and I do think it's going to be a restaurant chain and/or mini-mall concept that's going to be the best fit for highway travel. It's going to take a smart franchise or two to experiment there, and it may even be an existing franchise like Pilot or MacDonald's perhaps, but it will be a shift away from smaller convenience stores to probably something larger with more to do.

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

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E-tron is $74,800 and a range of 204 miles. Model Y starts at $48k and has a range of 300 miles. Doesn't seem like a fair comparison, does it? A fairer comparison would be the model S. The Model S base is $78,000 ($3,200 more), but has a range of 285 miles (1.4x the Audi) and 0-60 in 4.0 seconds instead of 5.5 seconds for the Audi. The biggest issue is the Audi seems to have very poor efficiency. So you need a model…

I'm talking about the E-Tron Q4, which is a different model from the E-Tron.

Ah, interesting, it does look much more competitive. More range, less cost, and better acceleration, looks like a direct Model Y competitor. However it's still called a concept vehicle by Audi, couldn't find any mention on a planned availability date.

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

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post #326

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I was close to buying a used Tesla from Tesla, but this is making me pause. Am I being unreasonable? I live in the Bay Area where I feel like the only person without a Tesla or two.

You should watch the Rich Rebuilds series of videos about the problems he had buying a used Model X from Tesla: https://www.youtube.com/watch?v=H8ro6kpKlw0 https://www.youtube.com/watch?v=AgMTx_xFezM https://www.youtube.com/watch?v=pxSQuGeoug8 https://www.youtube.com/watch?v=ezqwfha-BZ8

I had NOT seen these. I am a fan of Rich Rebuilds. Thank you. What a nightmare!

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

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post #318

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You're not supposed to go to sleep or take your eyes off the road with self driving. Just like how you can't rely on chat bots and AI to fully answer your customers' questions. What's not reported in the media is how self driving / autopilot has saved lives. There are plenty of videos online about Teslas making the right split second decision to swerve (in the right direction) or apply the brakes to avoid an accident…

This is drifting off topic, but... you're advocating for being constantly alert while the car drives itself? Doesn't this have the same cognitive load as driving, with possibly the additional time needed for "flexing your muscles" to regain control of the driving wheel? To me, self driving means that I can not care. If I must pay attention to avoid being killed, it is at most some glorified adaptive lane keeping and/…

The person in the accident was not using "full self driving". At that time they only did traffic aware cruise control + lane keeping.

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

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Tesla is in debt largely because of their rapid ramp-up with costly investments in design, development, manufacturing and supply chain. My layperson understanding is Tesla have been in a structurally profitable state for quite some time—but for their investments geared towards scaling up ever further. The question you need to ask is "if you build a factory, across how many units should the cost of that factory be spr…

> Tesla is in debt largely becaus Yes, massive debt with no income. Ambitious for sure.

4.5 billion in income this quarter, and has been rising consistently. They have a cash flow problem, not a revenue problem.

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

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post #590

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Sounds like what you're doing is proving the NYTimes is part of the fake news problem. I wonder given your data above if the NYTimes could be sued for liable for reporting something easily provably false.

The quarterly loss comes directly from Tesla’s own reporting. You don’t think loss is derived only from revenue, do you?

The title of the article is that sales are lagging but sales are provably not lagging

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

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A few more years of this amd they may be bought out by the likes of BMW. The tesla brand is worth something, even if on the hood of a german car.

Tesla has about $9B in debt. They are not an attractive takeover candidate. They've never turned an annual profit.

If they were forced into liquidation you could buy the brand and IP and whatever else was of value at a discount.

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

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Specifically what remains? They are basically the only OEM pushing self driving without lidar. Their manufacturing facilities are childish compared to other large automakers. Solar City, powerwall, and the solar roof are huge money losers and barely make a dent in the P&L statement. Maybe just the brand name? But will the brand have the cache once it suffers bankruptcy? Maybe it will.

First US car company in 60 years, electric at that. Best crash test ratings. Highest owner satisfaction. First US-owned factory in China. Built in about 6 months. Ability and willingness to use OTA updates. Willingness and ability to put auto-pilot on the road for consumers. Ridiculous performance. Better chip than Nvidia. Top 2 auto battery supplier. Best selling lux car in US (ICE or EV). Dramatically better batter…

DeLorean was founded less than 60 years ago.

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

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The shift want just digital cameras it was also the iPhone that made the digital camera obsolete. With digital cameras they were losing film revenue which was larger than camera sales. Car companies don't own gas stations so they will switch faster and easier than Kodak. There will be some struggles internally but not as much I suspect. Plus modern EVs have demonstrated more performance then ice so it's really just a…

This made me think of the future of gas stations. Will they just conver to charging stations, and charge customers to use them?

Turn them all into Starbucks, but with EV charging stations.

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

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Yes. I'm not saying that people in the market for a Ford Fiesta are instead going out and buying a 3 series. People who want a hatchback and going out and buying hatchbacks. But people who want saloons and estate cars are largely buying from the three Germans, and not Japanese or Korean.

I've heard one of the more popular cars people moved from to buy a model 3 is the toyota prius... definitely not a luxury car.

Toyota Prius do not exist in Western Europe outside Uber. They are synonymous with Uber driver and rarely ever bought for private use.
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