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Old Aug 4, 2025 | 02:56 PM
  #7111  
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Originally Posted by LeX2K
Hyundai Kia group does not report electric vehicle financials separately you can't guarantee anything. I read recently their operating margins on EVs is 9% but that's an estimate, if true this beats Tesla.
I feel pretty confident in what I said, thanks.
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Old Aug 5, 2025 | 12:40 AM
  #7112  
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Originally Posted by SW17LS
And I guarantee they have the same losses, they’re just not making the headlines.
what is your ‘guarantee’ based on?
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Old Aug 5, 2025 | 07:48 AM
  #7113  
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Originally Posted by bitkahuna
what is your ‘guarantee’ based on?
My own experience looking at the production costs of new EV platforms and the length of time it takes for those investments to become profitable. You don't have to agree, its okay.
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Old Aug 5, 2025 | 08:51 AM
  #7114  
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The one thing going for Hyundai and Kia is that if you go to Korea, almost every car on the road is a Hyundai or Kia. While a relatively small market, they have such strong nationalism, even CEOs must be seen driving a Genesis than a Mercedes. That has caused them to make really good EVs, and they went all in on them, not like other automakers. And now that they have so many EV models shared across 3 brands, they are well positioned to be profitable if they aren't already.
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Old Aug 5, 2025 | 09:09 AM
  #7115  
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Agreed. The point is the massive cost of developing a new EV platform is much higher than just developing another ICE model, that investment is all front ended so it takes time for it to become profitable
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Old Aug 5, 2025 | 09:24 AM
  #7116  
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They literally just opened a $7.6bn EV plant in Georgia. That's far from their only EV investment - there are myriad details online, These are the kind of costs that factor into financials. Hyundai doesn't appear to break out EV financials the way Ford does and they also report under a locally modified IFRS and not US GAAP so it's not always easy to make comparisons.
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Old Aug 5, 2025 | 01:51 PM
  #7117  
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Originally Posted by swajames
They literally just opened a $7.6bn EV plant in Georgia. That's far from their only EV investment - there are myriad details online, These are the kind of costs that factor into financials. Hyundai doesn't appear to break out EV financials the way Ford does and they also report under a locally modified IFRS and not US GAAP so it's not always easy to make comparisons.
Yep, hence why it doesn't make headlines.
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Old Aug 5, 2025 | 10:58 PM
  #7118  
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I think Tesla forced Waymo to expand too quickly now they're making a bunch of mistakes. Plus Waymo has no emergency vehicle detection via audio input.

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Old Aug 6, 2025 | 08:43 AM
  #7119  
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Originally Posted by LeX2K
I think Tesla forced Waymo to expand too quickly now they're making a bunch of mistakes. Plus Waymo has no emergency vehicle detection via audio input.

https://x.com/niccruzpatane/status/1952960746608050509
This was in SF where they have been running autonomous for years, so it's not even a new territory so not likely to be because of expansion.
Not a particularly Waymo supporter, but to be fair, without knowing more details, we don't know if the firetruck ran into the Waymo.... None of the comments on reddit or X about this incident seem to know what really happened. All we have is people jumping to conclusions it's the waymo's fault when all we know is that there was an accident involving the two. Looking closely, the Waymo is across the lane markers, but it could have been there first and fully stopped.

Last edited by RXSF; Aug 6, 2025 at 09:09 AM.
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Old Aug 6, 2025 | 09:35 AM
  #7120  
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Given the number of incidents I'm not going to give Waymo the benefit of the doubt. Collides with a bus.


Two Waymo's meet

Wrong way

There are 100's of these types of mistakes.

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Old Aug 6, 2025 | 09:52 AM
  #7121  
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Gosh, why would Austin let Elon expand the self driving territory less than a month after launching! All these mistakes must be because of the rapid expansion





Last edited by RXSF; Aug 6, 2025 at 09:54 AM.
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Old Aug 6, 2025 | 09:52 AM
  #7122  
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IMO this is like saying Tesla FSD isn't safe because of reported accidents in the media. Need to see actual stats
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Old Aug 6, 2025 | 09:55 AM
  #7123  
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I just have to say Dan Doud is one of the biggest fraudsters, he lives and breathes to destroy FSD. I take ZERO what he says seriously. That said, there are people who also want to make Waymo look bad to your point

Last edited by AMIRZA786; Aug 6, 2025 at 09:57 AM.
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Old Aug 6, 2025 | 10:13 AM
  #7124  
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Posting Dan O'Dowd content as a counter point, unreal. Gosh indeed.

Trapped in a Waymo for 18 minutes, this is why I say they expanded too quickly staff is stretched thin.
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Old Aug 6, 2025 | 07:21 PM
  #7125  
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Originally Posted by RXSF
This was in SF where they have been running autonomous for years, so it's not even a new territory so not likely to be because of expansion.
Not a particularly Waymo supporter, but to be fair, without knowing more details, we don't know if the firetruck ran into the Waymo.... None of the comments on reddit or X about this incident seem to know what really happened. All we have is people jumping to conclusions it's the waymo's fault when all we know is that there was an accident involving the two. Looking closely, the Waymo is across the lane markers, but it could have been there first and fully stopped.
It's a one way road and the firetruck was going the wrong way, which I think is legal since it's on an emergency call but wanted to add context.
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