Live data from Hacker News

Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

nytimes.com

191–200 of 778 posts

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

#191
post #31

Earlier quoted context omitted.

I think pretty much every single person who owns a Model S/X would tell you that they're never going back to the old German crew. Tesla enjoys the strongest brand loyalty of any car manufacturer. Apple-like loyalty. Tesla doesn't feel like a toy, it feels like the future. They're years ahead of everybody else in terms of tech that is usable today.

Have you seen this thread [0] that's supposedly about their backend? Doesn't sound like years ahead, it sounds like an overstretched software startup chasing the latest silicon valley trends. How well will their cars work in 20 years? Will they have sorted out the service issues in five years? Besides, when the other car manufacturers starts putting out electric cars with interiors that consists of more than a cost s…

I don't understand why some perceive the big screen as a "cost-saving touchscreen". It's so much bigger than any other car uses, I would guess other makers perceive it as a "way too expensive touchscreen”.

I do not know the actual manufacturing cost comparison between the Tesla big screen and the corresponding set of buttons and other cars, but I think the key difference is a radically minimalist design aesthetic. I suspect both a bunch of buttons or a big screen are sufficiently inexpensive.

The Tesla decision is more similar to Apple's decision, who was not saving money when they put the largest screen ever used on a cell phone, covering most of the front of the first iPhone. Even though in the long run it probably turns out that the big touchscreen is cheaper than a bunch of buttons which individually wear out and must be warrantied etc.

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

#192
post #147

Earlier quoted context omitted.

You can option up a Tesla Model S in the US to $150k.

Not anymore. It’s $131k fully loaded.

Although the price point is still quite high, Tesla seems to be thinking of a car as a consumer electronic item: Price generally falls (more value per dollar) every year.

This may have significant consequences to the industry, if Tesla doesn’t fail.

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

#193
post #155

Tesla's 1.5B reduction of cash on hand was largely due to the 920M convertible bond payment — but that only happened because TSLA didn't perform to the level necessary for conversion (~$360 IIRC). I wonder what changes in terms this'll warrant for future capital raises. Then they mention that they missed a lot of revenue due to missing half their shipments overseas, and onto Q2 (But also expecting a loss in Q2). Sale…

I find the Panasonic thing very weird. Tesla claims to be battery limited, and also mentioned that their popular and in demand power walls are being throttled by lack of batteries. Does make me wonder. Is Panasonic blackmailing Tesla with limited supply to influence Tesla's battery supply in China? Is Panasonic and/or Tesla lying about the situation?

My take: Panasonic is moving its chips from Tesla to Toyota/Mazda and betting the incumbent Japanese makers will be better positioned to capitalize on EV sales over the long term. It’s not strange for a 100+ year old company playing the long game. I also think Tesla’s function for many of its suppliers was to prove that Americans will buy EVs, and their expectations are fairly low about how much more Tesla will accomplish.

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

#194

Earlier quoted context omitted.

A woefully inadequate subsidy, which phases out entirely too soon.

Are vehicles subsidies the best way to drive progress on battery density and cost? They need to be if you are going to use them to reward wealthy Tesla investors and vehicle buyers.

Yes. Increase them, and tax SUVs and pickup trucks to fund the subsidy. Regressive taxes are bad, but you aren’t entitled to drive a gas guzzler, merely access to wheels (hybrids, subcompacts, sedans, etc). Internalize the externalities.

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

#195
post #174

Earlier quoted context omitted.

Gas is about $3/gallon in the US. Ford is moving towards only making SUVs, pickup trucks, and the Mustang. Different countries, not different universes. I like that Musk is narcissistic and arrogant in public. He doesn’t hide it like the execs at every automaker who was part of Dieselgate. Be an asshole, by all means, just deliver faster. (Credit to BYD and their electric bus fleet efforts, and China’s renewables pus…

Do you also love it when Musk calls people pedos? What about when he lies about taking the company private on Twitter? This is the narcissism you enjoy?

I don’t love it, but I don’t care about it either. It’s noise. I’ve seen far better people take far worse actions. No one’s perfect. Stress is unpleasant and will cause you to lash out.

I do love someone who doesn’t cultivate an image. I think this is 100% who Musk has become, for better and worse, and I respect someone who is genuine about who they are, warts and all.

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

#196

Just want to say that the amount of hate Elon gets on HN is really interesting.

It's the same handful of characters repeating the same ad hominems every earnings report. Anti-weed puritans whining about "joe rogan weed". The pro-news crowd attacking him for his rebuff of the news industry. The "thailand crowd" for lack of a better word upset Elon Musk brought up pedophilia epidemic in thailand. And the short seller crowd claiming this earnings report is their vindication and their road to riches…

How is "Elon Musk brought up pedophilia epidemic in thailand" at all an accurate description of Elon Musk calling a cave diver a pedophile just because he was an expat in Thailand? There may be people who go overboard on the Elon hate, but this just seems like the opposite bias.

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

#198

Earlier quoted context omitted.

>370 miles of range, Autopilot, and the Supercharger network >Where will Tesla be in a few years if/when other manufacturers catch up with that? wouldnt that be highly dependent on teslas cash burn and desperate cash grabs to survive the next quarter? in a few years you should hope to still retain some form of autopilot, maybe the supercharger network is shared/sold off, 370 miles of range? battery tech isnt improvin…

> usually battery life drops Tests have shown that is not really that big of a factor. E.g. https://cleantechnica.com/2019/01/28/350000-miles-in-a-tesla... https://electrek.co/2017/09/04/how-tesla-model-s-holds-up-ti...

I expected replies to my comment with links to those sites, you do know how hard they shill tesla right? only recently elons been reeing at the very author of that elektrik article

https://twitter.com/elonmusk/status/1120820597347377152 >@FredericLambert Also, how did you manage to get shamed into being de facto anti-Tesla by social media trolls. Jeez …

but.. im sure the numbers are thoroughly researched...

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

#199

Earlier quoted context omitted.

>370 miles of range, Autopilot, and the Supercharger network >Where will Tesla be in a few years if/when other manufacturers catch up with that? wouldnt that be highly dependent on teslas cash burn and desperate cash grabs to survive the next quarter? in a few years you should hope to still retain some form of autopilot, maybe the supercharger network is shared/sold off, 370 miles of range? battery tech isnt improvin…

> supercharger network is shared/sold off Selling the supercharger network to a separate company, and enabling it to serve all EVs, seems like an obviously great idea. Rebrand it from "Tesla Supercharger" to “Supercharger". Tesla cars can stiull be sold as compatible with “the Supercharger network”. I'm not a financial modeling kind of person, but I suspect such a beast could sell for quite a lot of money, strengthen…

>could sell for quite a lot of money, strengthening Tesla's finances

yes a trustworthy company run by a well regarded ceo that could raise money

tesla? not so optimistic. until tesla finds significant backing they're just going to keep playing the desperate cash pump game

im all for it tbh, its hella funny

Re: Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag

#200
post #28
post #7

It was fairly obvious that this was going to happen when they announced their "Investor Autonomy Day" a couple of days before earnings. Get people thinking about the long term rather than this quarter.

In the long term robotaxis will be a commodity service with razor thin margins: just like existing taxis, airlines, and shipping.

Maybe not a big win when selling taxi rides, but a pretty big win if you are selling taxis :)
Post reply on HN