181–190 of 591 posts
One interesting tidbit: they appear to be reporting a $272M in revenue from the sale of Bitcoin holdings
They are pretty transparent about that in the beginning of the report: "Net cash outflow of $1.2B related to Bitcoin in Q1"
Whatever you may think of Tesla and Musk, you have to agree that they've accomplished something rather incredible. Few would have thought this possible not that long ago: * 185K vehicle deliveries in Q1, +109% versus a year ago [a] * 2.7K supercharger stations, +41% versus a year ago * 24.5K supercharger connectors, +44% versus a year ago * 92 MW of solar generation deployed in Q1, +163% versus a year ago * 445 MWh o…
> 92 MWh of solar generation deployed in Q1, +163% versus a year ago This is a typo (should be 92 MW), but also made me think about how you could have fun metrics like MW/h rate of solar deployed or MW rate of storage deployed.
> We believe that a vision-only system is ultimately all that is needed for full autonomy. Our AI-based software architecture has been increasingly reliant on cameras, to the point where radar is becoming unnecessary earlier than expected. As a result, our FSD team is fully focused on evolving to a vision-based autonomous system and we are nearly ready to switch the US market to Tesla Vision. This is a huge gamble IM…
One interesting tidbit: they appear to be reporting a $272M in revenue from the sale of Bitcoin holdings
Earlier quoted context omitted.
I think most people define premium by the build quality, interior design, options etc. But if you want to only define it by price, then the model 3 is definitely not in the premium segment. It's a very cheap car... So much so that I know a few people that literally joke at a white model 3 company lease as "your consulting job must suck"
So you're defining premium cars by the things that everyone hates about those cars, other than build quality. The German car companies will nickle and dime you to death with options, they have terrible interiors/user interfaces, etc. Granted I wish the model 3 had cooled seats but meh. Even a model S doesn't count with that logic.
[1] https://pdfaiw.uspto.gov/.aiw?PageNum=0&docid=20190291613&ID...
"Model 3 was the best-selling premium sedan in the world, outselling long-time industry leaders such as the 3 Series and E Class. This demonstrates that an electric vehicle can be a category leader and outsell its gas-powered counterparts." I find this to be a major milestone in the transition to BEV. This is an achievement.
Are these numbers included?
"Model 3 was the best-selling premium sedan in the world, outselling long-time industry leaders such as the 3 Series and E Class. This demonstrates that an electric vehicle can be a category leader and outsell its gas-powered counterparts." I find this to be a major milestone in the transition to BEV. This is an achievement.
Model 3 is a premium sedan ? Oh :/ Where are my paint color options, ventilated seats ? What about parts for my local car shop ? Did they forgot the safety features unique to german cars ?
I'm with you. It's certainly a premium price, but (IMHO) it really shouldn't be considered "premium" on overall build quality or accoutrements.
"Model 3 was the best-selling premium sedan in the world, outselling long-time industry leaders such as the 3 Series and E Class. This demonstrates that an electric vehicle can be a category leader and outsell its gas-powered counterparts." I find this to be a major milestone in the transition to BEV. This is an achievement.
Honest question: how does this factor in with BMW's leasing program? Most people I know (outside of... myself... lol) refuse to actually buy a BMW, and just lease it. Are these numbers included?
I've heard this many a time.
Earlier quoted context omitted.
This is a very tricky presentation of the larger image. The document mentions the "Premium Sedan" category market, not the entire market. So looking at the Premium Sedan market share in the US (which is arguably the most important market in the world) the numbers show a 1% decline in sales for 2020 - "The midsized car segment continues to lose share in the US car market in 2020. Sales were down 22% in an overall mark…
If the whole market declines but your share of the overall market raises and you overtake everybody else in that market that is clearly an achievement. Given that this is literally the first mass market car by Tesla, achieving leading sales globally over comparable products by BMW and Mercedes is clearly pretty important. And as they said, they hope Model Y will hopefully be the best selling vehicle globally next yea…
Earlier quoted context omitted.
I think the true “spin” is that you think the E Class and 3 Series are way more important than they are because they USED to be important. That’s the cache Tesla is using. The Germans will admit the SUV are the US market (look at their lineup) and the day that the Y outsells GL class cars, then I’ll eat humble pie. For Context: The SUV class of the same relative size sells about 3x the sedan. https://www.businesswire…
> the day that the Y outsells GL class cars, then I’ll eat humble pie. Do you really have doubt this day isn't coming very soon? 2023 tops. Mercedes SUV are niche luxury. Tesla will only shed away price on the Y's due to declining battery prices, improved manufacturing with gigafactories, and their mission of reducing emissions by getting everyone into EV's.
I mean sometimes I think "who the hell needs a GLB AMG??" but it's one of the few SUVs of that size that seats 7 passengers and serves a need for families in certain EU and Asia markets.
Any given Mercedes SUV may be niche luxury but they cover many many niches with their lineup.