That's a pretty impressive milestone. Cheers for the hard work from Tesla employees!
What exactly is impressive? Leaf has more than that in prod already.
Tesla produces its millionth car
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Re: Tesla produces its millionth car
#32Re: Tesla produces its millionth car
#33Re: Tesla produces its millionth car
#34Earlier quoted context omitted.
The one thing I don't get is that everybody assumes there is unlimited demand for Tesla cars, Tesla just needs to be able to produce. But realistically, let's assume that in 1-2 years government subsidies will end then how many people will still want an EV for a price tag of minimum 30k & can afford it? All that Tesla produces are cars for the premium segment despite some mass market rhetoric.
Does Tesla still qualify for large government subsidies? I thought they had ran through their allocation long ago.
In the US they have. Some state governments still have them.
Re: Tesla produces its millionth car
#35such a great milestone! I hope they hit 10 million one by 2030! We need more companies like Tesla in this world.
The one thing I don't get is that everybody assumes there is unlimited demand for Tesla cars, Tesla just needs to be able to produce. But realistically, let's assume that in 1-2 years government subsidies will end then how many people will still want an EV for a price tag of minimum 30k & can afford it? All that Tesla produces are cars for the premium segment despite some mass market rhetoric.
My God, you're right! Nobody has ever thought about that, or Googled it, let's short TSLA immediately!
I wish I could respond nicely, maybe it's been too long of a day.
Re: Tesla produces its millionth car
#36Tesla should now focus on a mass market electric vehicle to take the climate crisis- something like a closed two-wheeler with broad tyres. Good for traffic and temperature controlled too. Chinese people would buy it in droves.
Two-wheeled Chinese vehicles is a market that's already cornered by cost-effective incumbent Chinese manufacturers. What exactly would this American luxury brand have in that market?
Yes I'd imagine China has cornered the market on Chinese products /s
Innocent typos aside, I think these sorts of vehicles are dramatically underused / undersold in the US. So there may be still a market to be opened up, at least if you can get some value before the international competition comes in.
I think here American company has to market these things, less they be branded as foreign and wimpy. And even then, looks at segway it's a delicate act.
Re: Tesla produces its millionth car
#37That's a pretty impressive milestone. Cheers for the hard work from Tesla employees!
What exactly is impressive? Leaf has more than that in prod already.
Per Wikipedia...
"Global sales totaled over 400,000 Leafs by March 2019"
That is awesome and the Leaf is a fantastic vehicle only limited by its range. But it does not sound like one million Nissan Leafs have been produced. And the Tesla milestone still carries extra significant because all of its models are reasonable replacements for ICEs in most households. The Leaf is suited to a much smaller set of use cases.
Re: Tesla produces its millionth car
#38It's great what tesla has done to push electric vehicles to the point of a status symbol, and prove their viability as an every day driving car.
Tesla is a remarkable company, but they are terrible at building and delivering cars, which is very much the primary competence needed to succeed as a company that sells cars. Their production rates have dramatically trailed their promises, and while they are valued at around $160B, they are hoping to build about 500k cars this year. Volkswagon builds that many cars every 2 weeks or so, and actually makes a profit on each car, as does Toyota (10M cars each, per year, for VW and Toyota, 7M for GM and Hyundai, per year). Tesla is worth more than any two other car companies (other than Toyota) while producing around 5% as many cars as any one of them, if Tesla hits their goals.
Success as as a car company is more about being able to produce cars that people want -- efficiently, than it is about designing cars that people want. Otherwise Lamborghini would be selling more cars than all the other car companies combined, if posters and dreams could somehow translate into units shipped without regard to price or ability to actually build cars in the necessary volume. The two huge success stories in cars are Ford, who invented the assembly line, and Toyota, who invented Kanban, both of which dramatically increased the quality while decreasing the labor input of manufacturing cars. Tesla, with all their claims of automation, produces cars using about 1/3 the automation of Toyota today (9 vs 24 cars for full-time employee per year) while using accounting tricks to claim large per car margins, while showing a large loss using standard accounting practices.
I think if I had to make a guess, Tesla will be in the same chapter in the history of cars as DeLorian and Duesenberg.
Re: Tesla produces its millionth car
#39Earlier quoted context omitted.
The one thing I don't get is that everybody assumes there is unlimited demand for Tesla cars, Tesla just needs to be able to produce. But realistically, let's assume that in 1-2 years government subsidies will end then how many people will still want an EV for a price tag of minimum 30k & can afford it? All that Tesla produces are cars for the premium segment despite some mass market rhetoric.
Does Tesla still qualify for large government subsidies? I thought they had ran through their allocation long ago.
They did mostly in US, there are still some significant subsidies in European and Asian countries. Regardless I believe demand for EVs will explode in the next decade and Tesla's challenges will stay in production, not in demand.
Re: Tesla produces its millionth car
#40such a great milestone! I hope they hit 10 million one by 2030! We need more companies like Tesla in this world.
The one thing I don't get is that everybody assumes there is unlimited demand for Tesla cars, Tesla just needs to be able to produce. But realistically, let's assume that in 1-2 years government subsidies will end then how many people will still want an EV for a price tag of minimum 30k & can afford it? All that Tesla produces are cars for the premium segment despite some mass market rhetoric.
I think there is a massive market of young people that would love to own a Tesla when they reach the required income level. It’s a green product, from a company with grand ambitions to address climate change, and an incredible car. Everyone I know who has one loves it, and most who get to drive them, wish they had one. It feels like the future, and 30k isn’t a crazy price for the value if offers.