71–80 of 290 posts
"Of 20 analysts covering the company, seven have a "sell" rating on the stock, four rate it "buy" or higher and nine have a "hold", according to Thomson Reuters data." === proof that something is very wrong with a world defined by speculators
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How do significant discounts create more profitability? Isn't that like "we lose money on every sale, but make it up in volume."?
Per-unit margin goes down (but is still profitable per unit) but you make up in volume to create a profit. Tesla's main costs aren't the cost per unit but the engineer/software costs iirc.
This has actually been Tesla's business plan all along: start with a low volume, high-priced product (the Roadster) and gradually move towards successively higher volume, lower cost models.
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Per-unit margin goes down (but is still profitable per unit) but you make up in volume to create a profit. Tesla's main costs aren't the cost per unit but the engineer/software costs iirc.
If they make more profit by selling more units at a lower price... then why don't they always just do that?
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> "I also happen to know a lot of the people who bought a heavily discounted Tesla in Q3 feel kind of burned that right at the beginning of Q4 Tesla announced the new Autopilot hardware (that isn't retrotfitable on old vehicles). " Wow I guess this is the best proof of how Tesla is really changing the way auto owners think, this is something that wasn't unthinkable before Tesla and their over the air updates. Can you…
No, but I can imagine a BMW owner complaining that the 2016 model came out 3 weeks after he bought his 2015, with no notice from BMW, the sales guy, or the press. And that the 2016 model came with a bunch of new features he really wanted and would've been willing to pay for.
Can someone explain what this[0] means? It would seem that when you buy the car, you don't own it after all. [0] http://www.huffingtonpost.com/entry/tesla-self-driving-car-n...
At least in the UK, such a term would have to be brought to your attention before the sale, very clearly, for it to be part of the contract. Writing that in the manual would have no effect.
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No, but I can imagine a BMW owner complaining that the 2016 model came out 3 weeks after he bought his 2015, with no notice from BMW, the sales guy, or the press. And that the 2016 model came with a bunch of new features he really wanted and would've been willing to pay for.
Doesn't BMW update models roughly on the same schedule every year?
Really great news! But something that shouldn't be overlooked is the discounts they gave in Q3 to push deliveries up. First, those that know me know that I am a Tesla FANATIC. My girlfriend once challenged me to not talk about Tesla (motors, energy, something) for a 24 hour period. I dunno if I've ever done that honestly. I'm also an owner (no surprise given my fanaticism, lucky to be able to afford one). And I also…
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Very first line of the Update linked to in another comment, > The Tesla third quarter results reflect strong company-wide execution in many areas. Furthermore, we expect this to continue into Q4 and project positive GAAP net income (excluding non-cash stock-based compensation) despite ZEV credit sales in Q4 likely being negligible. https://news.ycombinator.com/item?id=12800234
I'm not sure your point. That they expect profits to continue without the credits? I guess we will see. Not sure how this invalidates anything I wrote. I care less about projections than financial statements. Those credits composed a good chunk.
I don't know how many potential buyers were waiting, but I was expecting a bump in sensors and compute power sooner than later.
Can someone explain what this[0] means? It would seem that when you buy the car, you don't own it after all. [0] http://www.huffingtonpost.com/entry/tesla-self-driving-car-n...
When you buy a lot of computing equipment, there's a clause in the contract saying that you can't use it to control a nuclear power plant. Do you own the computer?
This clause is more like Microsoft saying you can't use Windows to write software for Apple computers.
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> "I also happen to know a lot of the people who bought a heavily discounted Tesla in Q3 feel kind of burned that right at the beginning of Q4 Tesla announced the new Autopilot hardware (that isn't retrotfitable on old vehicles). " Wow I guess this is the best proof of how Tesla is really changing the way auto owners think, this is something that wasn't unthinkable before Tesla and their over the air updates. Can you…
No, but I can imagine a BMW owner complaining that the 2016 model came out 3 weeks after he bought his 2015, with no notice from BMW, the sales guy, or the press. And that the 2016 model came with a bunch of new features he really wanted and would've been willing to pay for.