151–160 of 185 posts
As the U.S. government plans to introduce tax credits to spur EV demand starting in JanuaryEarlier quoted context omitted.
Compared to BMW, they’re light years ahead. There’s been 12 updates to Teslas in the last month OTA, BMW did one in 2022 and any car with iDrive 7 (their first to support OTA updates) had to be taken in to the dealer to do the update. Also looking at the apps, sending a command through Tesla’s app is instant, meanwhile BMW’s app makes you look at a spinner for 2 minutes. I’m sure Tesla’s likely cutting corners somewh…
Counterpoint - I just want android auto.
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Counterpoint - I just want android auto.
You’re thinking only about infotainment updates, where for example recently Tesla pushed out an update that increased charging rates, allowing you to charge up quicker.
I'd rather a manufacturer that actually tests and releases fully engineered products rather than winging it with constant OTA upgrades.
Tesla track record of OTA for faulty ABS calibration leading to terrible braking distances and a kludge to try and avoid a recall for faults in their HVAC implementation doesn't sell it as a benefit.
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You can't just look at mcap but forget to factor in debt. vwgroup $402.96B
Sure, and Tesla at $33.74B. But VWs debt is mostly due to them operating as a bank that sells loans to their customers to buy their cars. So it's more nuanced than just folding the into the calculation. Most other car manufactures don't do that directly. Point is that in broad strokes it doesn't add up.
Unfortunately the standard ratios only subtract cash from debt when doing this calculation so this calculation is one you have to do manually if you want to fairly compare car companies.
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Sure, and Tesla at $33.74B. But VWs debt is mostly due to them operating as a bank that sells loans to their customers to buy their cars. So it's more nuanced than just folding the into the calculation. Most other car manufactures don't do that directly. Point is that in broad strokes it doesn't add up.
So Tesla's enterprise value is $426.5 billion and VW's is $473.9 billion? Regarding the "operating as a bank", are we talking about net debt? I'd guess that if VW loaned money to customers those loans would be assets , right? They wouldn't get the cash from the customer, but they'd get something that looks about as good for their balance sheet hopefully?
I just fined the Tesla share price incredible hard to justify, I know they are a growing company with big ambitions but the numbers just don't work. Tesla: - Market cap: $392.78 billion - Q3 units sold: 343,000 VW Group: - Market cap: $70.98 billion - Q3 units sold: 2,181,300 Obviously they are slightly different companies, Tesla sell solar and battery storage products. And VW Group have brands that sell to a part of…
Musk is what we call a dummy. He could have bought GM for close to what he paid for twitter.
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No - The discounts are happening because of the Inflation Reduction Act that take effect in 2023. The IRA would give a $3500 tax credit for purchasing an EV, like Tesla Model Y. It takes about ~6 months for people who order a Tesla to get it delivered. For people who ordered in June, they want the IRA tax credit so many considered cancelling or delaying taking delivery until 2023. This Tesla incentive is to make thos…
Why would you want to maintain Q4 sales at the expense of profitability unless it is to maintain stock price though? And as it's obviously having the opposite effect there's no good reason for doing that.
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Hyundai and Chinese competitors are ramping up quickly as well I would imagine major Japanese/American manufacturers to follow suite Tesla’s reign of EV is going to be over in next 5 years. Maybe they can differentiate more on software but it is not going to sustain their margin
Pretty sure Telsa’s reign is already over outside the US
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You’re thinking only about infotainment updates, where for example recently Tesla pushed out an update that increased charging rates, allowing you to charge up quicker.
I couldn't care less about a minor charging rate increase that is so minimal that they don't even give any details about how much its increased. I'd rather a manufacturer that actually tests and releases fully engineered products rather than winging it with constant OTA upgrades. Tesla track record of OTA for faulty ABS calibration leading to terrible braking distances and a kludge to try and avoid a recall for fault…
I just fined the Tesla share price incredible hard to justify, I know they are a growing company with big ambitions but the numbers just don't work. Tesla: - Market cap: $392.78 billion - Q3 units sold: 343,000 VW Group: - Market cap: $70.98 billion - Q3 units sold: 2,181,300 Obviously they are slightly different companies, Tesla sell solar and battery storage products. And VW Group have brands that sell to a part of…
I have seen two arguments: 1. Tesla has heavily invested in robotics. They will be able to build cars much cheaper than their competitors. 2. Tesla has long-term lithium delivery contracts. They will be able to pay far less for their batteries while the prices for their competitors will massively increase I have not verified those claims but that would make Tesla's valuation more reasonable. There is also the self-dr…