Earlier quoted context omitted.
How many of those are building charger networks?
Irrelevant the EU in their benevolent wisdom has mandated that charging networks have to be interoperable. You can use Tesla superchargers for your 20k Kia economy box.
Tesla shares tank after U.S. discounts doubled on key models
161–170 of 185 posts
Re: Tesla shares tank after U.S. discounts doubled on key models
#162I 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…
Their market share price is speculation from fan boys that want a poorly manufactured usb mouse to drive in that you have no way of fixing yourself or even taking to a specialist.
If you want to make some money in the next year or so, open a short position on Tesla. Not financial advise, just 2 cents from a guy that worked in the motor industry for 15 years
Re: Tesla shares tank after U.S. discounts doubled on key models
#163Model 3 is overpriced As a tech worker myself I don’t want to support him at this moment either. I don’t like him for what is doing with Twitter drama.
Re: Tesla shares tank after U.S. discounts doubled on key models
#164Earlier quoted context omitted.
Pretty sure Telsa’s reign is already over outside the US
Model Y is best selling car in Norway. While I agree they’re overvalued I don’t think that has happened quite yet.
Considering Norway is on track for EVs to be 80% of sales yes Tesla has a significant share but it’s not dominant
Re: Tesla shares tank after U.S. discounts doubled on key models
#165If I was an US taxpayer, I would be so pissed off to know that I'm paying for assholes buying a somehow luxury car and Elon getting billions in margin so that he could afford to crash twitter... As the U.S. government plans to introduce tax credits to spur EV demand starting in January
Re: Tesla shares tank after U.S. discounts doubled on key models
#166Earlier quoted context omitted.
Irrelevant the EU in their benevolent wisdom has mandated that charging networks have to be interoperable. You can use Tesla superchargers for your 20k Kia economy box.
This is great for consumers with the assumption that Tesla will still find it profitable to build out the infrastructure at all. On the other hand, Europe is a lot smaller, so maybe it doesn't matter as much.
Re: Tesla shares tank after U.S. discounts doubled on key models
#167Earlier quoted context omitted.
Because it would make them more money per car but not overall. And they aren't competitive in that segment with the assets they have. They would have to design different models, scale down production etc, a pivot of the company. A better comparison is Mercedes or BMW, they're in a similar market segment and not selling 10x more cars at 1/5th the price live VW is. Still their market caps are lower than Tesla and their…
BMW and Mercedes aren't showing any real YoY growth. They have some token electric offerings, but don't seem particularly committed. This is HN, the difference in value between a growth company and an incumbent should be at the front of our minds at all time.
Edit: I'll skip the suspense, they have 10 models, more than Tesla. And several more are on the way.
Re: Tesla shares tank after U.S. discounts doubled on key models
#168Earlier quoted context omitted.
Irrelevant the EU in their benevolent wisdom has mandated that charging networks have to be interoperable. You can use Tesla superchargers for your 20k Kia economy box.
This is great for consumers with the assumption that Tesla will still find it profitable to build out the infrastructure at all. On the other hand, Europe is a lot smaller, so maybe it doesn't matter as much.
Re: Tesla shares tank after U.S. discounts doubled on key models
#169I 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…
Vw isn’t just cars. They’re are invested in things like Siemens’ energy to be the worlds biggest producer of synthetic fuel. Vw is the big boy and toyota is the big boy in asia. Tesla is valued the same as all the other car manufacturers put together. Their market share price is speculation from fan boys that want a poorly manufactured usb mouse to drive in that you have no way of fixing yourself or even taking to a…
Re: Tesla shares tank after U.S. discounts doubled on key models
#170Earlier quoted context omitted.
Tesla sells luxury vehicles (by world standards) and there are only so many people who can afford them. Either Tesla stops growing at this rate, or they will have to "stoop" to cars costing $15k, in which case their profit margins will drop like a rock.
So why doesn't VW just sell premium cars if it would make them more money?