Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Tesla Q1 2021 Results

tesla-cdn.thron.com

Post reply on HN
Print view View original

101–110 of 591 posts

Re: Tesla Q1 2021 Results

#101

Post by xxpor »

acdha wrote: post #62
tzs wrote: post #56

Earlier quoted context omitted.

Even if all your electricity comes from burning fossil fuels switching to EVs should be an emissions win. Your fossil fuel burning electrical generation facility can be equipped with things to capture emissions. So can a fossil fuel burning car, but the car needs to be small, mobile, and light weight and that limits how much you can capture emissions. The electrical generation facility doesn't have those constraints.

In addition to capture, there's also simply efficiency — those same factors cut into how much power is obtained from a particular quantity of fuel and a large professionally-maintained facility which isn't weight/size-constrained should be much better there. If it's going to be burned, we should get maximum value out of it. The other big win is time: if I buy a conventionally-fueled car now I'm locking in its use of…

It also moves the emissions away from where people live for the most part. Not as much a win with CO2, but gas cars spit out a lot of other nasty stuff too.

Re: Tesla Q1 2021 Results

#102

Post by pa7ch »

azinman2 wrote: post #64
dangus wrote: post #10

Earlier quoted context omitted.

The inflated stock price is easy to explain: intangibles are part of the balance sheet. In my guesstimation, Tesla will be making electric cars with a range to dollar ratio that can’t possibly be matched by incumbents for the foreseeable future. VW and the rest are more capable of producing a refined car, but (again, my opinion) Tesla’s EV advantage is similar to the big three’s various inertial advantages that they…

So I just bought an ID.4 this weekend after seeing on HN on Friday that it launched in the US. I also test drove a Tesla Y just to double check Saturday morning before doing so. Tesla Y is for sure faster and the better drive. It's also like 10-15k more expensive and that's not even before VW's rebates. The interior was weird -- tiny headrests, tiny mirrors, and really poor back visibility. A giant screen in middle a…

I wouldn't just say 250 vs 350 is a wash on trips . While the Y isn't better then ICE for road trips its way better then the VW for EV road trips

Re: Tesla Q1 2021 Results

#103

Post by mensetmanusman »

halotrope wrote: post #9
DarmokJalad1701 wrote: post #6

Earlier quoted context omitted.

> flat revenue for 3 years ??? 2018 - $21.5B 2019 - $24.5B 2020 - $31.5B 2021 (annualized) - probably $35-$40 B

I stand corrected. Thank you! Still not exactly mega-growth. Especially compared to the share price.

It’s mega growth for companies that move atoms instead of electrons.

Re: Tesla Q1 2021 Results

#104

Post by jocker12 »

ajross wrote: post #97
jocker12 wrote: post #33

Earlier quoted context omitted.

This is a very tricky presentation of the larger image. The document mentions the "Premium Sedan" category market, not the entire market. So looking at the Premium Sedan market share in the US (which is arguably the most important market in the world) the numbers show a 1% decline in sales for 2020 - "The midsized car segment continues to lose share in the US car market in 2020. Sales were down 22% in an overall mark…

It seems that in trying to debunk marketing spin you've deployed even worse spin of your own: > the premium sedan category (including Tesla 3) is declining overall Uh... wat? Model 3 sales are growing very rapidly! Trying to argue that they aren't because the category they are being compared to is not is... somewhat weird. I mean, look. The M3 is now selling more cars than Mercedes or BMW do in the same price segment…

"is... somewhat weird."

No, it's not. If you sell more horses worldwide out of the “four legged category” it has no relevance as long as less and less people are buying horses for transportation.

Re: Tesla Q1 2021 Results

#105

Post by ajross »

reducesuffering wrote: post #37
11thEarlOfMar wrote: post #2

"Model 3 was the best-selling premium sedan in the world, outselling long-time industry leaders such as the 3 Series and E Class. This demonstrates that an electric vehicle can be a category leader and outsell its gas-powered counterparts." I find this to be a major milestone in the transition to BEV. This is an achievement.

I'm surprised by how micro-managey Tesla is with their Model 3/Y prices. Most manufacturers release a static MSRP for that model year. However, Tesla the past year was dropping prices $500-$1,000 periodically. And then as of last month, has raised prices $500-$1,000 twice.

Other manufacturers don't deal with customers directly. There is at least as much, if not more, micromanagement of pricing and allocation in the traditional dealer world, it's just hidden from the public. And it's not unique to the auto world either, every vendor of items sold via large single contracts has an ability to pinch pennies that isn't available to small ticket retail items.

Re: Tesla Q1 2021 Results

#106

Post by ajross »

jocker12 wrote: post #104
ajross wrote: post #97

Earlier quoted context omitted.

It seems that in trying to debunk marketing spin you've deployed even worse spin of your own: > the premium sedan category (including Tesla 3) is declining overall Uh... wat? Model 3 sales are growing very rapidly! Trying to argue that they aren't because the category they are being compared to is not is... somewhat weird. I mean, look. The M3 is now selling more cars than Mercedes or BMW do in the same price segment…

"is... somewhat weird." No, it's not. If you sell more horses worldwide out of the “four legged category” it has no relevance as long as less and less people are buying horses for transportation.

I repeat the more focused point: you don't find it impressive that a car from a manufacturer that was barely on the map five years ago is now beating the Mercedes E Class (edit: C class, sorry) in its own price category?

I mean, by your logic if Tesla isn't impressive for what the Model 3 is doing then Daimler Chrysler must be a flaming disaster, right?

Re: Tesla Q1 2021 Results

#107

Post by acdha »

xxpor wrote: post #101
acdha wrote: post #62

Earlier quoted context omitted.

In addition to capture, there's also simply efficiency — those same factors cut into how much power is obtained from a particular quantity of fuel and a large professionally-maintained facility which isn't weight/size-constrained should be much better there. If it's going to be burned, we should get maximum value out of it. The other big win is time: if I buy a conventionally-fueled car now I'm locking in its use of…

It also moves the emissions away from where people live for the most part. Not as much a win with CO2, but gas cars spit out a lot of other nasty stuff too.

Definitely - and regenerative braking should cut into the brake residue which contributes to conditions like asthma, although it won't change tire dust much.

Re: Tesla Q1 2021 Results

#108

Post by jocker12 »

spoonjim wrote: post #85
jocker12 wrote: post #33

Earlier quoted context omitted.

This is a very tricky presentation of the larger image. The document mentions the "Premium Sedan" category market, not the entire market. So looking at the Premium Sedan market share in the US (which is arguably the most important market in the world) the numbers show a 1% decline in sales for 2020 - "The midsized car segment continues to lose share in the US car market in 2020. Sales were down 22% in an overall mark…

A company founded in 2003 on an entirely different concept of automobile propulsion has taken the lead in a multi hundred billion dollar market. Hell yes that’s an achievement and it doesn’t need scare quotes.

"has taken the lead"

Has taken the lead on the "premium sedan" category market, where less and less people are buying "premium sedans".

What scare quotes?

Re: Tesla Q1 2021 Results

#109

Post by xiphias2 »

bob33212 wrote: post #26
Plough_Jogger wrote: post #5

One interesting tidbit: they appear to be reporting a $272M in revenue from the sale of Bitcoin holdings

Bitcoin could crash at any time. They need to hedge against that.

They have cash balances, that’s quite a good hedge against Bitcoin going in either direction.

Re: Tesla Q1 2021 Results

#110

Post by jocker12 »

ajross wrote: post #106
jocker12 wrote: post #104

Earlier quoted context omitted.

"is... somewhat weird." No, it's not. If you sell more horses worldwide out of the “four legged category” it has no relevance as long as less and less people are buying horses for transportation.

I repeat the more focused point: you don't find it impressive that a car from a manufacturer that was barely on the map five years ago is now beating the Mercedes E Class ( edit: C class, sorry ) in its own price category? I mean, by your logic if Tesla isn't impressive for what the Model 3 is doing then Daimler Chrysler must be a flaming disaster, right?

Look at their statement and realize how Tesla is intentionally misleading their shareholders.

If Tesla is so impressive, why do they need to do that?

Post reply on HN