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Tesla ending Models S and X production

cnbc.com

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Re: Tesla ending Models S and X production

#271

Post by julianeon »

al_borland wrote: post #93
bhouston wrote: post #43

Tesla is a meme stock in a similar manner to GME. You cannot bet against them even if they have incredibly unsure future prospectives because there are too many believers who will buy any dips.

That might be a little extreme. Tesla is making electric cars and robots. These are very much things of the future. GameStop is buying and selling used games, which is becoming impossible as consoles keep pushing for digital games. GameStop requires a major shift in their business model to stay relevant, while Tesla just needs to hope the public doesn’t reject the idea of electrics cars out of stubbornness or politic…

This was true when Tesla was primarily in the market of making electric cars. It is not true if their business is humanoid robots: that's squarely meme stock territory.

Re: Tesla ending Models S and X production

#273

Post by seattle_spring »

laughing_man wrote: post #213
sampton wrote: post #140

Earlier quoted context omitted.

I can't remember when was the last S/X refresh. It's nuts they just let it go stale and shut the factory down.

Musk's goal all along was to get away from boutique production. He wants to sell millions of cheaper cars, not thousands of cars for wealthy people. Not sure it's going to work out. Without some big jumps in battery tech, EVs are going to be difficult to sell without subsidies.

> Musk's goal all along was to get away from boutique production. He wants to sell millions of cheaper cars, not thousands of cars for wealthy people.

So the literal opposite of the Cybertruck, which was released less than a year ago.

Re: Tesla ending Models S and X production

#274

Post by arw0n »

tombert wrote: post #251
tempestn wrote: post #54

Earlier quoted context omitted.

Agreed, let alone 1M units a year!

My dad found it extremely amusing that Elon said "we just have to solve the 'AI problem' and we'll have robots doing shopping for us", or something like that. I can't remember the exact verbiage, but that was the gist. The word "just" is doing a lot of work there. Going by that logic: We "just" need to figure out cold fusion to have effectively infinite energy. We "just" need to develop warp drives to travel across t…

It is like me at the climbing gym: "This problem is too hard for me, let's work on a harder one instead, then I at least look cool while failing."

"Since we failed on self-driving since 2016, robotaxis since 2020 (1 million on the road), and ASI since 2023, we might as well start on failing on robots now".

Re: Tesla ending Models S and X production

#275

Post by rconti »

nunez wrote: post #107

This is sad in that I was serious about finally getting one in two to three years (We have two Model 3 LRs already), but is fantastic in that no other car interests me and I now don't have this hyper materialistic goal distracting me. If Tesla completely exits automotive and decides to license their FSD tech (or someone else catches up), then I'll probably just get whatever the equivalent of a Bolt is then with that…

Wait, an S? Why? I've got a 3 LR too and.... I just can't say anything about the extraordinarily long-in-the-tooth S excites me. Usually something is desirable when it's new, then the desirability fades as the product ages and other new, hot things come onto the market.

Don't get me wrong, I don't generally lust after EVs, but I am looking forward to the R3X....

Re: Tesla ending Models S and X production

#276

Post by danny_codes »

laughing_man wrote: post #217
vannevar wrote: post #35

Earlier quoted context omitted.

The problem with being a car company is that they'd have to compete with China. It's possible, but they'd have to make additional capital investments to keep up. They've just wasted a ton of money on a failed Musk vanity project (Cybertruck) and squandered a ton of goodwill in their home market via the DOGE fiasco. Cash flow is not what it once was, and if they're going to make a big capital investment, they're proba…

He generated a lot of goodwill with "that DOGE fiasco", too. It just depends on where you fall politically.

Which is interesting because it seems DOGE failed to do anything useful. Patrick Boyle’s video suggested it actually cost $100B.

Which would be par the course for Ketamine Elon

Re: Tesla ending Models S and X production

#277

Post by adastra22 »

CamperBob2 wrote: post #233
adastra22 wrote: post #194

Earlier quoted context omitted.

The meme stock run up made Tesla more valuable than the rest of the auto industry combined. They HAVE to find something bigger. I don’t think they have. Humanoid robots are a bad joke. But that’s why they are pivoting.

Humanoid robots make sense in only one context I can think of, and I definitely wouldn't put it past Musk to enter that market. It will be a big one. He may just be waiting for material science to catch up with his product vision. Much like Steve Jobs waited by the river until capacitive multitouch came floating by, and then pounced on it. Meantime, as others have pointed out, the Model S and X are not selling enough…

If you’re beating around the same bush, I think the material science is already there. It’s more the power draw and the societal blowback that are issues. It is an underrated market, but not a >1T$ market (I hope).

Re: Tesla ending Models S and X production

#278

Post by rconti »

smileysteve wrote: post #38
_1 wrote: post #27

Earlier quoted context omitted.

It's not like they aren't going to support any new purchases.

S launched in 2012. X launched in 2016. Both launched with slow rollouts. Meanwhile, the average car in use today is 13 years old and getting older. (I currently drive a 22 year old car) It definitely turns me off buying a used model S to know it's being discontinued. And if I extrapolate that to the 3/Y, a new purchase. Given my desire for a midsize family sedan, it makes it feel like BMW i4 or Porsche Taycan just w…

I think of the i4 as being more of a Model 3 / BMW 3 series size car, isn't it?

The S is more in line with with 5er.

I love the way the Taycan CrossTurismo thing looks, but holy hell getting in and out of it is like getting in and out of a sports car. I expect it to be slightly compromised compared to the competition, not.. extremely compromised.

Re: Tesla ending Models S and X production

#279

Post by linkregister »

sixQuarks wrote: post #175
bhouston wrote: post #43

Tesla is a meme stock in a similar manner to GME. You cannot bet against them even if they have incredibly unsure future prospectives because there are too many believers who will buy any dips.

The Elon hate is really creating a blind spot for many people here. You can’t just compare Tesla to a meme stock when the founder’s side gig is launching and landing orbital rockets - a feat that even the most technologically advanced nation states have failed to accomplish. Come on people, use a little critical thinking skills.

Multiple things can be true:

1. SpaceX was an exceptionally well-executed good idea, and continues to be a leader in innovation.

2. Tesla brought EVs to the mass consumer market and proved the profitability of EVs.

3. Elon Musk was essential to the success of SpaceX and Tesla.

4. Tesla now has fierce competition in the category it defined: EVs.

5. Tesla has undergone revenue and profit reduction.

6. While it experiences promise in alternate product lines, Tesla is not a market leader in robotics (Unitree, Boston Dynamics) or self-driving cars (Baidu, Waymo). Tesla reported profit growth in residential solar and residential power storage, but the revenues from these verticals are dwarfed by other segments.

7. The trend over the past decades is Elon Musk being successful at innovating in underserved parts of the market.

8. Elon Musk is not currently pursuing any underserved parts of the market.

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