Tesla Q1 2021 Results • Hacker News Board

Re: Tesla Q1 2021 Results

#121

Post by nickik » Tue, Apr 27, 2021, 1:00 AM UTC

jocker12 wrote: post #76

nickik wrote: post #74

Earlier quoted context omitted.

If the whole market declines but your share of the overall market raises and you overtake everybody else in that market that is clearly an achievement. Given that this is literally the first mass market car by Tesla, achieving leading sales globally over comparable products by BMW and Mercedes is clearly pretty important. And as they said, they hope Model Y will hopefully be the best selling vehicle globally next yea…

Selling more of the less selling cars is not an achievement by any means. All the other companies are changing production towards different other categories, but the “achievement” Tesla wants their shareholders to be happy about is that they sell more of the cars less and less people are buying. If you sell more horses worldwide out of the “four legged category” it has no relevance as long as less and less people are…

Just because sedans are not the biggest market anymore doesn't mean competition is over or that there is not still a gigantic amount of money in it.

Tesla is of course also expecting to sell more CUV and Pickups in the future and we have seen the sales growth of the Model Y.

Seriously making the argument that being the globally highest selling car in a well known very well specified category with their first ever turley mass produced car after just a few years of production is not an achievement is just insane argument.

Re: Tesla Q1 2021 Results

#122

Post by mulmen » Tue, Apr 27, 2021, 1:00 AM UTC

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?

I'm not sure how a Model 3 or a BMW 3 Series can be compared to a Mercedes E Class. The comparable cars there seem to be the Tesla Model S and the BMW 5 Series. The Mercedes equivalent of a BMW 3 Series or a Tesla Model 3 is the C Class.

Re: Tesla Q1 2021 Results

#123

Post by selectodude » Tue, Apr 27, 2021, 1:00 AM UTC

nickik wrote: post #70

asien wrote: post #48

Earlier quoted context omitted.

> Fission may have plenty of issues, but lets not pretend that the entire world is "fusion or bust". Unfortunately , that’s no how it’s work. Yes fission is great ! France runs on Fission it works greats. Problem ? In 2015 at the current rate of consumption 130 years of uranium left on earth ! Sadly for us International Nuclear association estimated that if most country shifted to Nuclear that uranium would shift fro…

> Problem ? In 2015 at the current rate of consumption 130 years of uranium left on earth ! First of all, this is nonsense. The same old peak-blabla nonsense. Second of all, thorium can be used in current reactors. Third, thorium is practically unlimited. Existing nuclear 'waste' and nuclear bombs contain huge amounts of potential energy as well. With newer reactors these limits can be further broken by moving from t…

Uranium is practically unlimited too. We can extract it from seawater for $200/kg.

Re: Tesla Q1 2021 Results

#124

Post by ajross » Tue, Apr 27, 2021, 1:00 AM UTC

jocker12 wrote: post #110

ajross wrote: post #106

Earlier quoted context omitted.

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?

What incorrect idea do you think shareholders may have taken away that is any worse than "Model 3 sales are shrinking" that you tried to imply above?

Re: Tesla Q1 2021 Results

#125

Post by random314 » Tue, Apr 27, 2021, 1:01 AM UTC

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…

A 350 mi range makes all the difference on a trip to Yosemite, Sacramento, Tahoe.

Re: Tesla Q1 2021 Results

#126

Post by mulmen » Tue, Apr 27, 2021, 1:01 AM UTC

rconti wrote: post #93

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.

The E-class is an entirely different class from the Model 3 and 3 series. Maybe just a C-class typo. Pretty impressive, especially considering that the 3 series is a similar age (both ~2018). The C class is getting long in the tooth, though, dates to 2016.

It definitely looks like a typo. But the Audi A6 is also an equivalent to the BMW 5 Series or Mercedes E Class. The A5 seems like a better comparison to the Model 3.

I wonder if the numbers are also wrong? Did they actually compare E Class and A6 sales instead of C Class and A5 sales?

Are 4 Series included in with 3 Series numbers? What about M cars?

Re: Tesla Q1 2021 Results

#127

Post by mulmen » Tue, Apr 27, 2021, 1:05 AM UTC

selectodude wrote: post #116

mulmen wrote: post #113

Earlier quoted context omitted.

Can we please not refer to the Model 3 as the M3, an already well known car from a competing manufacturer in the same segment?

I think we can all infer that when referring to mass market sedans, the super-sport model of one particular BMW is not what is being referred to.

The BMW M3 is a different car than the BMW 3 Series. An M3 is as much a 3 Series as an Alpina B3 is a 3 Series. It is ambiguous in this situation. I had to read the comment several times to figure out if it meant that somehow BMW was selling more M3s than the whole 3 Series lineup.

Re: Tesla Q1 2021 Results

#128

Post by djanogo » Tue, Apr 27, 2021, 1:05 AM UTC

My man Elon day traded Bitcoin with Tesla $$ sitting in the bank, memed it up on twitter and showed it as TSLA profit. TSLA share holders should thank everybody who bought bitcoin at 60k.

Re: Tesla Q1 2021 Results

#129

Post by NovemberWhiskey » Tue, Apr 27, 2021, 1:05 AM UTC

It's sort of fascinating the segmentation thing here.

They put it into the "premium sedan" segment when considering sales vs. competition. But in the same presentation, you'll see that most (I want to say two-thirds by eyeballing the chart) of the customers buying Teslas are trading in non-premium brands.

Re: Tesla Q1 2021 Results

#130

Post by moduspol » Tue, Apr 27, 2021, 1:05 AM UTC

blamazon wrote: post #79

anonu wrote: post #50

> We believe that a vision-only system is ultimately all that is needed for full autonomy. Our AI-based software architecture has been increasingly reliant on cameras, to the point where radar is becoming unnecessary earlier than expected. As a result, our FSD team is fully focused on evolving to a vision-based autonomous system and we are nearly ready to switch the US market to Tesla Vision. This is a huge gamble IM…

Unnecessary cost and complexity are the reasons Tesla has quoted before. One less sensor to buy, or replace when it breaks. I’m not convinced. There’s good reasons they’re the lone player in the self driving space with this vision only play.

> When radar and vision disagree, which one do you believe? Vision has much more precision, so better to double down on vision than do sensor fusion.

[1] https://twitter.com/elonmusk/status/1380796939151704071