From what I gathered Elon is willing to go scorched earth meaning maintain growth even if margins take a hit. That is bad news for the stock but even worse news for the competition. Ford is losing money on every EV, not sure about GM since they make so few. VW's EV strategy is in shambles. Rivian and Lucid are losing money hand over fist.

Rivian stock is down 5x YTD, Lucid 7x. Nvidia, AMD, Amazon etc. have all seen major drops. Even APPL is not doing great, you know we're in a bear market when Apple stock is sucking.
We'll see if Elon forgot how to make a company successful.

 

I don’t think we are gonna see Tesla stock prices shoot back up. They will decline to under $100 in the new year. Rumours are that Tesla has a hiring freeze and layoffs are coming. They cannot keep selling old platform tech forever…they desperately end a small cheap EV, but the brand is more premium than it is mainstream.

as long as battery materials keep rising, it just makes selling EVs harder as the prices have to increase. Which is never good in a slowing economy with rising interest rates and housing prices that are on the decline

https://www.fleetnews.co.uk/news/lat...atteries-soars




Wouldn’t bother me.

 

 

i am not sure how true is that. Right now prices have never been higher. Just to go back to 2021 price, he will need to lower Model S LR by $25k. I very much doubt that will be happening.

And also, reason he would lower the operating profit is because factory costs are high and there is benefit to Tesla when it comes to costs if they maximize factory output. Idling factory still loses you a lot of money, just as GM and Ford know.

Simple fact is that as Tesla nears 2m production per year, they will have to work the market like everyone else to get sales. They will have to lower their margins, build more service centers, even do advertising. More cars they produce, they will have to use standard car sales tactics - have low APR leases, etc. Then to go over 3m, they will need more low cost models, more variety, more options, etc, just like what BMW/MB have to do to sell 3m cars per year.

 

Their manufacturing plan is the most impressive to me - a 3 piece chassis. One stamping for the front end, one for the rear, welded together with the battery tray undercarriage assembly. Other manufacturers are building their EV chassis the same way they build their current cars, they will never be able to achieve a profit margin per car to match Tesla. EVs aren't for everyone, but they are in the fat part of the demand curve, with big tax credits at their back.

 

just made for clicks. Not even real journalism

Let’s see what happens going forward. Tesla struggles at consistent hardware quality. Assembly expertise is not their strength. The chassis design is novel, but their costs to build are increasing. I’d give Ford the advantage over Tesla….their F150 line builds both the gas/hybridEV and EV F150..and they have two EV trucks out at the moment, Tesla Cybertruck is MIA. VW builds gas and EVs on the identical assembly line one after another. Tesla sales are slowing because their prices are too high…and they lack the ability to bring cheaper EVs to market at the present time. It’s inevitable that Tesla sales would slow down one day. I don’t think Twitter really factors into the slowdown…one day they will pick up again. Tesla has a very good product and their branding and consumer passion for the brand is very excellent

 

antics like trying to save a social media company. he's brash and controversial, but that's nothing new. but now he fired thousands from twitter to keep it in business.he's a bad guy you don't want to buy a car from the company he heads. your choice of course, but seems like a herd mentality. besides that your ev choices are pretty limited. as great as the ioniq 5 is for example, good luck finding one.

old news. new news: tesla is quietly improving the model 3/Y quality in particular massively. the model s and x which sell in tiny numbers anyway, aren't really relevant to tesla's success. they're kind of the new VW, focused on selling to the masses, not the affluent.

sounds grossly inefficient to me, but they have little choice since they need to keep shipping ice vehicles too.

let's see q4 numbers before judging.

100%

the apparent 'madness' of elon musk is he will do things for show / controversy, which he did for years with tesla and even spacex, but now he's doing it with twitter, because he needs all the 'buzz' he can get. but i think he and it will come out the other side, stronger, and tesla is on a clear flight path that doesn't need as much of his day to day. when they actually begin shipping cybertrucks, maybe a model 2, etc., he'll bring the show again.

method to his 'madness'.

 

I don't like to ever hold stocks in growth sectors/companies.......I much rather short things and hold core industry stocks/indexes and treat them solely as dividend generators with no expectation of growth. I am more willing to mess with indexes than individual companies for growth type gains since it's less likely that one person making a bad public statement screws with everything as badly as Tesla has been experiencing.

 

No, his political antics. Not a heard mentality, my own preferences. Let’s not be like this, bit.

 

Saving it by saddling it with a 1.2bn annual interest cost and driving away its primary source of revenue? For reference, Twitter’s interest expense pre Musk was around 50m. When Musk talks about how much money Twitter is losing, that interest cost is a big part of it. And again, for reference, it would take 150 million $8 verification subscribers to cover just the interest expense Twitter now carries. Twitter didn’t need saving by Musk, and chances are he hasn’t. He’s the main reason ad revenues are down. We’re seeing 44bn get flushed down the toilet in real time.

 

That article is disingenuous raw material pricing has been dropping. They took the peak and tried to pass it off as a permanent thing.

 

sure, i think main problem is how to really evaluate Tesla. I mean they will have best year ever, but their stock is overall evaluated differently than peers.

I agree with BYD, but they are not Teslas competition. I dont know if you checked any of their vehicles, but I did since they started coming to Europe. I feel bad for Ford, Hyundai/KIA, Stellantis, little bit less for Toyota and VW.

BYDs are focused on sound engineering/platform and then good equipment for price. They are not fast, they dont handle great, dont have great design, their auto driving features are very basic, their infotainment looks bad. They are good enough in most things, with good EV platform (good range for battery size) and better price. Souns like new Toyota to me.

 

Definately a possibility!

 

Hi friends, sorry for double post but like to do this one separate.

We have a fun and current thread dedicated to the Musk & Twitter stuff if anyone wants to chime in.
Yeah, I know there is some overlap between Twitter and Tesla with current events but like to offer the link.

Link: https://www.clublexus.com/forums/the...s-twitter.html

I'll start posting stuff there that specifically applies to twitter best I can so it doesn't mess up this thread for Tesla business.
Cheers!

<Note to mods, I know you have a hard and thankless job so thank you for your patience with us. Trying my best to stay on topic.>

 

I am seeing predictions of units sold up 44-47%, short of the 50% forecasted on the last earnings call. We shall see. But their real move would come as they enter different segments. They have two volume selling vehicles now, but need to move into the Corolla sized segment with a car and small SUV.