11–20 of 92 posts
For reference: they did 139k in Q3 2020 and 184k in Q1 2021. That's pretty nice growth, but still much less than any major car company.
The other day I heard someone say that Rivian intends to deliver 40,000 vehicles next year, total. Musk runs his mouth on a lot of stuff, but it's pretty hard to knock his manufacturing when he's got a 20x lead on the competition. Hell, I was blown away by how quickly Starlink went from concept to reality, but figures like these really help put the scale into perspective. It's like capitalism down to a science, for b…
Most "competitors" are just buying batteries\electronics from a vendor and shoving it in.
Tesla partnered with Panasonic and created their own custom modules(2170), now they plan to do everything with the newly announced 4680(from raw materials to products).
They are truly unmatched.
For reference: they did 139k in Q3 2020 and 184k in Q1 2021. That's pretty nice growth, but still much less than any major car company.
I expect that around 900k Teslas will be produced and sold in 2021. The new factories easily bring that up to something around 1.8m-2m in 2022.
At present, Toyota produces something on the order of 10m gasoline vehicles per year, and roughly zero EVs.
This is a blowout quarter. They are well on their way to sell maximum cars this year in their history.
Doesn't their stock valuation count on basically every year being better than the last for a long time to come?
Earlier quoted context omitted.
Doesn't their stock valuation count on basically every year being better than the last for a long time to come?
Yes, and as long as enough investors believe in that thesis, it'll stay where its at. What's Uber's stock price and valuation after burning $30 billion dollars and still not turning a profit? (Uber picked in particular because I'm familiar with their financials)
The other day I heard someone say that Rivian intends to deliver 40,000 vehicles next year, total. Musk runs his mouth on a lot of stuff, but it's pretty hard to knock his manufacturing when he's got a 20x lead on the competition. Hell, I was blown away by how quickly Starlink went from concept to reality, but figures like these really help put the scale into perspective. It's like capitalism down to a science, for b…
It's far far worse. Tesla is probably the only company in the world that produces\designs its own batteries, motors and electronics. Most "competitors" are just buying batteries\electronics from a vendor and shoving it in. Tesla partnered with Panasonic and created their own custom modules(2170), now they plan to do everything with the newly announced 4680(from raw materials to products). They are truly unmatched.
For reference: they did 139k in Q3 2020 and 184k in Q1 2021. That's pretty nice growth, but still much less than any major car company.
The other day I heard someone say that Rivian intends to deliver 40,000 vehicles next year, total. Musk runs his mouth on a lot of stuff, but it's pretty hard to knock his manufacturing when he's got a 20x lead on the competition. Hell, I was blown away by how quickly Starlink went from concept to reality, but figures like these really help put the scale into perspective. It's like capitalism down to a science, for b…
Not to disagree,but for different perspective 1. How long has Tesla been manufacturing vs Rivian 2. How does Tesla compare to Toyota I feel it's all apples and oranges both ways. They're all in different manufacturing maturity place
That's true, but the electric car race began with the Model 3 and is going to continue to outpace Rivian 50x next year if the volume expectation are correct [on both sides]. Rivian coming out with these cars is unlikely to capture much of the market anyways, given they're both over $65k. It's like Rivian's 10 years behind Tesla in maturity (besides their range figures), and their only saving grace might be the Amazon electric delivery vehicle contract.
Earlier quoted context omitted.
Doesn't their stock valuation count on basically every year being better than the last for a long time to come?
Stock prices are not always rational. I'm not sure why. But one of the contributing factor could be things like ETFs where stocks were bought to track a particular sector or index regardless of their financials. (I'm just guessing, I don't have a financial background)
I'd like a figure for the split of retail and organized money in Tesla.
Earlier quoted context omitted.
Doesn't their stock valuation count on basically every year being better than the last for a long time to come?
Yes, and as long as enough investors believe in that thesis, it'll stay where its at. What's Uber's stock price and valuation after burning $30 billion dollars and still not turning a profit? (Uber picked in particular because I'm familiar with their financials)