Interesting graph. Big numbers. I guess success or failure will come down to future sales volumes. Will Tesla ever provide a budget EV ? If they could, given they are an advanced EV producer would have to bode well for them.
Printable View
Shanghai and Berlin are both working on designing smaller cars. In the USA Elon has said he is aiming for a US$25,000 car. Timing of this will require batteries and available space in factories. Margin is likely to be much higher in the $125,000 car than the $25,000 one, but if Tesla can up-sell software to the cheaper cars the sales will be lucrative.
Interesting you tube video comparing the thermal system of the tesla model y to the ford mach-e
https://www.youtube.com/watch?v=m1kH...nnel=MunroLive
It's not interesting,it's an embarrassment to Ford.Lets not forget Sandy Monro says Ford Mach E is Tesla's nearest competition and Ford's Engineering is terrible so I'd hate to see what the other EV vehicles are like..and when they get to we're Tesla is today, Tesla will be another decade ahead of the rest.. game over Tesla, you win take my money!
Interesting earnings this week to say the least - Tesla earned over $1.14 Billion in profit for the quarter by selling 200k cars, surpassing fords $1.1 Billion in profit from selling 784k vehicles (Ford actually had a loss from its vehicle division - all the profit came from non-vehicle operations).
a sign of the times.
Interesting that you think such a fast growing company should trade on a PE of 14 Crypto. Remind me again what the PE of Bitcoin is. Or is Bitcoin just a greater fool theory "investment" with no actual earnings at all?
Two new factories should be producing next year. https://public.flourish.studio/visualisation/467928/ is the growth record so far.
Tesla is a growth company.It has already shown in the last earnings it has the capability to comfortable grow into its valuation.(just wait for the next) The EV market world wide hasn't even begun to get going and when it does , expect a multi trillion dollar company and a share price of $3000 plus.
Looking forward to Tesla A.I day, rumors about on news of Tesla may be entering robotics.Tesla already has the most advanced a.i driving system ever designed , robotics seems like the only natural next stage, but we will see.
Really disheartening Tesla and Elon Musk wasn't invited to the White house for Bidens EV goals this decade.
Yet they invited there union mates car makers Ford and GM.
Politics shouldn't be involved when it comes to the environment and business.
All is not what it seems TG. Biden passed Tesla a perfect hand.
Ice Union president :
"While the UAW notes that the companies have made voluntary commitments on Electric Vehicles, the UAW focus is not on hard deadlines or percentages, but on preserving the wages and benefits that have been the heart and soul of the American middle class."
I read "Tesla will be cheaper to manufacture and more profitable"
Really cheaper tell that to the miners >>> Tesla and other EV makers more minerals >> the miners having to deal with Enviro nightmare of Regs ...
https://www.bloomberg.com/news/artic...to-meet-demand
https://www.reuters.com/business/ene...lt-2021-07-01/
“Ironically, a keener focus on the environmental impact of mining activities has left the industry unable to respond quickly to market deficits through new supply, despite the price being well above an incentive price,” Sporre and Cosgrove wrote.
The irony isn’t likely lost on the top brass of the world’s biggest copper producers. Freeport Chief Executive Officer Richard Adkerson told an industry gathering last week that even if copper soared to $10 a pound tomorrow, it would take his company seven or eight years to get new production to the market.
Tesla raised the price of there cars recently (not plaid) most likely to offset higher commodities cost .
Tesla can afford to do this because they are in such high demand for there products.
There is a wait time of (up to) 8 months which shows people are willing to wait and also pay a premium for TESLA'S.
Jefferies analyst raise TSLA price target from hold $700 to a buy $850 pt