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Tesla Is Sitting on a Record 50k Unsold EVs

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Re: Tesla Is Sitting on a Record 50k Unsold EVs

#71

Post by stingraycharles »

rvnx wrote: post #69
stingraycharles wrote: post #53

Earlier quoted context omitted.

I think the vast majority of people that operate at that level of success have a similar mask, but they’re more successful in managing it. What caused Elon to lose his ability to manage it is subject for debate, I personally believe he discovered drugs in 2019 and the rest is history.

He brought good things due to high-conviction bold moves though, like democratizing EVs, reusable rockets, and most of all, actual internet in airplanes.

Yes, credit where credit is due, he achieved a lot, and was instrumental in both SpaceX and the whole EV transition.

He just took a wrong turn and seems hell bent on staying on it.

Re: Tesla Is Sitting on a Record 50k Unsold EVs

#72

Post by throwaway290 »

freedomben wrote: post #54
rvnx wrote: post #45

Earlier quoted context omitted.

This war is going to push oil prices up, which means more EV sales. On top of that, make sure to sprinkle a bit of tariffs in order to block BYD. Mhhh, makes sense.

The oil prices is a short term thing, and Trump is all about "Drill baby drill" so no, it doesn't make sense. The tariffs though is a great point. Definitely a boon for Tesla from good old Papa Trump. It's grotesque.

Well, I didn't say it's intentional... just that they can count on it... but yeah it was sarcasm.

Re: Tesla Is Sitting on a Record 50k Unsold EVs

#73

Post by rvnx »

Ekaros wrote: post #51
rvnx wrote: post #48

Earlier quoted context omitted.

In 6 months post-IPO: SpaceX purchases Tesla

Merger in all stock deal? That could happen... Have to get to be bigger than everyone else.

This was a banter, but... https://www.investing.com/analysis/would-a-teslaspacex-merge...

(article from today)

Re: Tesla Is Sitting on a Record 50k Unsold EVs

#74

Post by rvnx »

tvbusy wrote: post #64
stephbook wrote: post #14

This is actually a good thing, since they're going to make Tesla a lot of money once they're self-driving.

If only cancer patients can be this positive.

I'm surprised he isn't focused on curing cancer yet. There are promising approaches with mRNA that could work out if enough funding is pushed there.

Re: Tesla Is Sitting on a Record 50k Unsold EVs

#75

Post by [deleted] »

stingraycharles wrote: post #53
jm4 wrote: post #34

Earlier quoted context omitted.

What changed is he took the mask off. He was always the sleaze that he is today, but a lot of us were fooled into believing he wanted to do something good.

I think the vast majority of people that operate at that level of success have a similar mask, but they’re more successful in managing it. What caused Elon to lose his ability to manage it is subject for debate, I personally believe he discovered drugs in 2019 and the rest is history.

[deleted]

Re: Tesla Is Sitting on a Record 50k Unsold EVs

#76

Post by twic »

Ekaros wrote: post #18

Great things to have on balance sheets. With inflation their value can only go up. And as they are level 6 self-driving capable as is soon they can be sold for massively more money. Really they should stock pile hundreds of thousands more.

You're completely right. I've got an idea for an investment strategy. We start a company, and issue shares. We use the money to buy Teslas, and hold them as assets. As the value goes up, the value of the company will rise. Then we issue more shares, at a higher valuation, and use the money to buy more Teslas. Infinite money glitch. I call it a Drivable Asset Treasury company.

Re: Tesla Is Sitting on a Record 50k Unsold EVs

#77

Post by adjejmxbdjdn »

amelius wrote: post #57
Aurornis wrote: post #17

This is all so frustrating. Tesla could have easily been an American auto maker generational success story. Instead they’re working hard to undermine their own success, turn their brand toxic, and even design vehicles that are unappealing to key purchasing demographics (Cybertruck).

No. For all practical purposes, Chinese cars are perfectly fine for most consumers. Since you cannot beat China on manufacturing costs, this war is already lost. Musk or no Musk.

There is no reason Chinese EVs couldn’t have been beaten on cost.

The labor/environmental costs of car manufacturing is relatively low and more than made up in the cost of shipping cars. One example of this was the number of foreign car manufacturers that were relocating manufacturing to the NAFTA region to serve the U.S. car market even before the tariff nonsense.

The area where China might have an edge is batteries cost. I’m not convinced that’s the case but even if we assume it is, it’s irrelevant because Chinese battery companies are largely not vertically integrated with the automakers and have been selling those batteries to non Chinese automakers at the same rates in an open market.

The reason Chinese EVs are cheaper is plain and simple competition. Some of those price advantages will disappear as Chinese companies need to start showing profits, but a lot of those won’t because they were the result of genuine innovation driven by the tremendously competitive market and the economies of scale that were rapidly created.

Keeping that in mind, while a lot of Tesla’s missed opportunities are self owns, the larger problem ultimately was the lack of govt support in developing a competitive ecosystem in the US.

Re: Tesla Is Sitting on a Record 50k Unsold EVs

#78

Post by abejfehr »

rvnx wrote: post #61
freedomben wrote: post #50

Earlier quoted context omitted.

It could be, except it's not factually correct (and an element of truth is necesssary for good humor). GP was talking about Tesla , not about Elon. The correct pronoun for a company is surely "they"

Shouldn't be "it" ? for the company itself

It’s commonly “they”

For example: “Meta released a new product, they (Meta) are calling it …”

Re: Tesla Is Sitting on a Record 50k Unsold EVs

#79

Post by defrost »

bombcar wrote: post #65
decimalenough wrote: post #15

The figures quoted here are old, since EV sales have gotten a massive boost from spiking oil prices. The actual figures aren't out yet but anecdotal evidence at least in Australia suggests sales in March (across all brands, not just Tesla) doubled from February. That said, for Tesla this is only a bandaid, since they have absolutely nothing in the consumer pipeline beyond the current increasingly uncompetitive offeri…

Didn't BYD just lay off 100k people?

Just reported, yes, that's globally and throughout the past 12 months so that's a 10% work force reduction overall.

In the same period they're posting record sales, it's possible that's mostly a reduction in bleeding edge sales promotion staff, influencers, etc now they have better recognition.

Two press takes on likely the same company press release material.

* https://www.autoblog.com/news/the-ev-boom-is-changing-and-10...

* https://carnewschina.com/2026/03/31/byd-cuts-100000-jobs-wor...

That infomation lags current events, perhaps they are taking staff on now EV demand has spiked following oil shock.

Re: Tesla Is Sitting on a Record 50k Unsold EVs

#80

Post by gambiting »

kgwxd wrote: post #37
decimalenough wrote: post #15

The figures quoted here are old, since EV sales have gotten a massive boost from spiking oil prices. The actual figures aren't out yet but anecdotal evidence at least in Australia suggests sales in March (across all brands, not just Tesla) doubled from February. That said, for Tesla this is only a bandaid, since they have absolutely nothing in the consumer pipeline beyond the current increasingly uncompetitive offeri…

You're saying a few weeks of high gas prices and a ton of people have gone out to buy overpriced tablets on wheels? I don't believe that.

Well, it's being reported as a surge in interest, whether that is followed by increased sales or not will be seen in the next month or two once these cars are delivered. But anecdotally, second hand EVs which were flooding car lots everywhere have substantially thinned out. There are still some, but a lot less than a month ago.

https://www.regit.cars/car-news/uk-fuel-price-hike-sparks-36...

Also lol, you're funny implying that ICE cars aren't overpriced tablets on wheels either. It's all cars nowadays. And UK's cheapest car right now happens to be a pretty decent EV anyway, a Dacia Spring.

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