Investors conclude that Tesla is a carmaker, not a tech firm

Post by throwaway894345 » Thu, Jan 05, 2023, 3:56 PM UTC

scarface74 wrote: post #110

judge2020 wrote: post #19

Earlier quoted context omitted.

The difference seems to be that Tesla was 5-10 years ahead on everything: Minimalistic interiors, modern infotainment, mobile app performance, and of course they lead the way in making electric cars viable by showing that they can both look good and blast off in record time. But you're right that other automakers see Tesla as a threat and are catching up; for example, the range and charging curve improvements on mode…

The infotainment system on Teslas is worse than a Nissan Sentra with CarPlay/Android Auto

Post by macspoofing » Thu, Jan 05, 2023, 3:56 PM UTC

pulse7 wrote: post #134

pjdemers wrote: post #88

Tesla, and even more Uber, were priced as if self driving cars are almost here. The idea that services like Uber without the drivers would make car ownership obsolete drove those valuations. Now that self driving cars are many decades away, instead of less than one decade away, is bring stock prices down. I always questions how fast we would see self driving cars, not because of the technology, but because of consume…

Every time I read something like "are many decades away" and "less than one decade away" I ask myself if we have a prophet here... Since nobody knows what will be discovered today and tomorrow nobody can make claims that "something is many decades away". And on the other side, nobody can make claims for "less than one decade away", because some lunatic with the atomic bomb can stop the progress of an almost finished…

Post by rsynnott » Thu, Jan 05, 2023, 3:57 PM UTC

dopamean wrote: post #130

pjdemers wrote: post #88

Tesla, and even more Uber, were priced as if self driving cars are almost here. The idea that services like Uber without the drivers would make car ownership obsolete drove those valuations. Now that self driving cars are many decades away, instead of less than one decade away, is bring stock prices down. I always questions how fast we would see self driving cars, not because of the technology, but because of consume…

> The idea that services like Uber without the drivers would make car ownership obsolete drove those valuations. Did investors really believe that? I don't know a single person who believed that years ago when the pre-IPO valuations were going through the roof. I maybe knew a few people who believed it was possible one day but not anytime soon. It's wild to me that so called sophisticated investors really believed th…

Post by macspoofing » Thu, Jan 05, 2023, 3:58 PM UTC

dopamean wrote: post #130

pjdemers wrote: post #88

Tesla, and even more Uber, were priced as if self driving cars are almost here. The idea that services like Uber without the drivers would make car ownership obsolete drove those valuations. Now that self driving cars are many decades away, instead of less than one decade away, is bring stock prices down. I always questions how fast we would see self driving cars, not because of the technology, but because of consume…

> The idea that services like Uber without the drivers would make car ownership obsolete drove those valuations. Did investors really believe that? I don't know a single person who believed that years ago when the pre-IPO valuations were going through the roof. I maybe knew a few people who believed it was possible one day but not anytime soon. It's wild to me that so called sophisticated investors really believed th…

Post by phpisthebest » Thu, Jan 05, 2023, 4:00 PM UTC

dylan604 wrote: post #67

samwillis wrote: post #38

Earlier quoted context omitted.

Tesla are a battery pack manufacturer, they mostly use cells manufactured by Panasonic and CATL.

I thought the Gigafactories manufactured the batteries whose design they license from someone else that then get assembled into packs of various sizes. Are you saying the Gigafactories are not making batteries at all?