Tesla's R&D on consumer-level products has been quite stagnant: the Model 3 and Model Y are essentially cars from many years ago. With EV technology advancing rapidly, especially under such fierce external competition (e.g., Chinese EVs), they are increasingly struggling to keep up. Today's versions of these cars are not significantly different from when they were first launched (setting FSD aside).
They even discontinued the S and X.
I don't know how Tesla plans to cope with the next 10 years. Compared to space, AI, and even autonomous driving, electric vehicles may have already become "too boring" of a thing for Musk.
It's a shame what happened to this company. I used to really want a Tesla, but now the brand signifies your support for Musk/DOGE, they killed half their lineup, and they keep mentioning that cars aren't the future as they aim for driverless taxis and robots.
At least they opened the supercharger network. My mom picked up a Cadillac Optiq and even with her being on the other side of the country she was able to seamlessly transition to an EV.
Absolutely waste but with insufficient accountability. I don't understand how or why shareholders haven't sued him into penury. Taking political positions as a business figure is inherently fraught with risk, but then taking extreme political positions, openly flaunting drug use, and suggesting human decency is weakness is bloody weird and insane that will only lead to hubris. I don't want to know a CEO's religion or politics because these should be private matters.
Because while Musk is certainly running Tesla into the ground, without him it would sink even faster. Without his hype jacking up the share price, it's just a carmaker with 2.5 models, cratering sales, fast obsoleting tech, and no new models in the near pipeline.
All the shareholders can do is hang on to the ride for as long as they can.
I was able to drive across the US in the winter in an Ioniq 6 without using Tesla chargers. All but a couple were 350V, WY was the worst state (NY->WA), battery conditioning had charges ~200V for the first phase until charge levels became the dominant factor.
Ionna is 8 automakers building an alternative network
Hyundai has their EV platform which has been 800V for a couple of years, future proof for the lifetime of the car considering how slow EV rollout is in the US...
> All but a couple were 350V, WY was the worst state (NY->WA), battery conditioning had charges ~200V for the first phase until charge levels became the dominant factor.
Sorry but what? I can maybe understand “V” instead of “kW” (why?), but what does the second part mean?
EV batteries charge much faster from 10% or 20% to 60%, maybe somewhat higher than that.
Going from 20% to 80% typically takes as long as going from 80% to 100% and so standard advice is never to charge to 100% unless you absolutely have to.
Every model has a charging curve, which I've never seen a manufacturer provide but some reviews do their own.
I finally test drove friends BYD Sealion 7. Yes interior is very nice, soft materials, etc (to a point where it almost feels tacky). Drive felt much softer than my mid-gen Model Y (almost too boaty and rolly but thats is completely fine for a family car).
The software is not great tho, really misses the point and I can see why people hate touchscreens. No single pedal driving (idk perhaps they haven't enabled it), no phone as key, no profiles, engine start/stop button.
Overall I'd say people are sold on features without looking in depth what you get with Tesla. And Tesla still outselling any other brand here in NZ.
Hope I can try out Zeekr 7x performance in couple of weeks. I heard a lot of good things about it.
My impression as a driver-in-training is that people are too complacent and forget they are handling a machine that could at any moment kill and maim you, your loved ones and random innocent bystanders. I wish we all were more responsible about it, and I hate the Tesla philosophy of going the opposite way (the touchscreen, the sorta there but not really autopilot, etc)
That’s also my impression (experienced and competent driver). The other day I saw a video of someone testing Tesla FSD in Prague (where I live), the person was praising it for dealing with various situations quickly and with confidence, while I, a local, was basically cowering non-stop in front of the screen. There was certainly a lot of YOLO energy.
The prevailing attitude in America is that as long as you are safe and comfortable in your gargantuan car, killing pedestrians and other drivers doesn't matter. Everyone else is beneath your contempt and if someone gets hurt or killed due to your recklessness, they deserve it.
Quarterly earnings will be released April 22. My impression is that in recent years, such rumors tended to cluster around earnings reports (which largely haven't been great the last 2 years or so), presumably as distractions.
They don’t really need this though, every TSLA investor already louds that TSLA is not a car company - I think now it is no longer “Robo”taxi company either but humanoids-data-center-on-Jupiter-moon-mining company. Hence, absolutely no need for any EV announcements :)
It will still be $30k+ out the door, guaranteed. There's zero interest in making an actual affordable car when their margins are so high at that level.
There are a lot of new $30K EVs on the market right now, as manufacturers have added a lot of incentives since the EV rebate expired. And a lot of slightly used EVs are coming off lease this year.
Tesla is going to struggle since their brand no longer has any cachet and people aren't interested in subscribing to a kinda-self driving feature.
It's not that it doesn't have cachet, it has anti-cachet.
People of Musk's exact political stripe absolutely are not impressed if you drive a Tesla, and everyone else, at minimum, is silently counting it as a character flaw and judgment problem.
To top it off, they're not the latest or the greatest EVs available and it's common knowledge at this point. The two metrics that they maximize, range and 0-60, are not really a big factor in day-to-day ownership in the way that a smooth ride and build quality are.
I wouldn't be too shocked if they're real. They aren't going to be making humanoid robots that actually are useful and don't price 99% of people out of buying them and they have to come out with something new eventually.
And they can copy a lot of features from the better, cheaper chinese cars and just sell them for 3x as much in the american market because they have no competition here and the chinese are barred from selling their cars here.
Still, even if the are real it doesn't mean their company should be valued at 21x Ford's value, or even 1x Ford's.
Tesla is basically proof positive that the market, oligarchy and fund managers are all in the Epstein-sphere of influence. No rational market would suffer the type of business management and products that Tesla produces.
You're forgetting a fan base. It's in the same category as a meme stock or NFT back in the day. Same way that haters gonna hate, believers gonna believe, and sometimes attack those who question/threaten their worldview. The boosters boost because they BELIEVE.
I don't think the comparison is entirely fair. There was never anything to NFTs. It was always a scam.
Tesla builds actual cars. For a while, these cars were innovative, and the best of their class. Their price was based on a wildly optimistic version of what they could become, but at least it had some nonzero value.
It's true that they've stopped innovating and have fallen behind, so that "optimism" has turned in the direction of "pure delusion". But I still think it's unfair to compare it to something that never demonstrated any value of any kind.
NFTs actually appreciated in price for a while. Still waiting for our FSD Teslas to appreciate and be useful as robotaxis as promised by Musk.
There is definitely a meme element here. It is fair to compare anything to anything, just not to equate anything with anything. There is, I think, sufficient overlap on certain dimensions to warrant looking at them together.
Tesla's R&D on consumer-level products has been quite stagnant: the Model 3 and Model Y are essentially cars from many years ago. With EV technology advancing rapidly, especially under such fierce external competition (e.g., Chinese EVs), they are increasingly struggling to keep up. Today's versions of these cars are not significantly different from when they were first launched (setting FSD aside).
They even discontinued the S and X.
I don't know how Tesla plans to cope with the next 10 years. Compared to space, AI, and even autonomous driving, electric vehicles may have already become "too boring" of a thing for Musk.
It's a shame what happened to this company. I used to really want a Tesla, but now the brand signifies your support for Musk/DOGE, they killed half their lineup, and they keep mentioning that cars aren't the future as they aim for driverless taxis and robots.
At least they opened the supercharger network. My mom picked up a Cadillac Optiq and even with her being on the other side of the country she was able to seamlessly transition to an EV.
It'll be a case study in years to come.
Dually turning the brand toxic to your core customers, and having a bonfire of a strategy around products.
Absolutely waste but with insufficient accountability. I don't understand how or why shareholders haven't sued him into penury. Taking political positions as a business figure is inherently fraught with risk, but then taking extreme political positions, openly flaunting drug use, and suggesting human decency is weakness is bloody weird and insane that will only lead to hubris. I don't want to know a CEO's religion or politics because these should be private matters.
Because while Musk is certainly running Tesla into the ground, without him it would sink even faster. Without his hype jacking up the share price, it's just a carmaker with 2.5 models, cratering sales, fast obsoleting tech, and no new models in the near pipeline.
All the shareholders can do is hang on to the ride for as long as they can.
I was able to drive across the US in the winter in an Ioniq 6 without using Tesla chargers. All but a couple were 350V, WY was the worst state (NY->WA), battery conditioning had charges ~200V for the first phase until charge levels became the dominant factor.
Ionna is 8 automakers building an alternative network
https://www.ionna.com/founding-partners/
Hyundai has their EV platform which has been 800V for a couple of years, future proof for the lifetime of the car considering how slow EV rollout is in the US...
Yeah I've had an ID4 for a few years and its certainly possible, but seemingly overnight the charging network doubled and its a net win for everyone.
Also, my mom is in her 70s, those CCS plugs are huge! I'm glad everyone was able to standardize on NACS.
> All but a couple were 350V, WY was the worst state (NY->WA), battery conditioning had charges ~200V for the first phase until charge levels became the dominant factor.
Sorry but what? I can maybe understand “V” instead of “kW” (why?), but what does the second part mean?
EV batteries charge much faster from 10% or 20% to 60%, maybe somewhat higher than that.
Going from 20% to 80% typically takes as long as going from 80% to 100% and so standard advice is never to charge to 100% unless you absolutely have to.
Every model has a charging curve, which I've never seen a manufacturer provide but some reviews do their own.
I finally test drove friends BYD Sealion 7. Yes interior is very nice, soft materials, etc (to a point where it almost feels tacky). Drive felt much softer than my mid-gen Model Y (almost too boaty and rolly but thats is completely fine for a family car).
The software is not great tho, really misses the point and I can see why people hate touchscreens. No single pedal driving (idk perhaps they haven't enabled it), no phone as key, no profiles, engine start/stop button.
Overall I'd say people are sold on features without looking in depth what you get with Tesla. And Tesla still outselling any other brand here in NZ.
Hope I can try out Zeekr 7x performance in couple of weeks. I heard a lot of good things about it.
[flagged]
I saw a Cybercab on the 280 today, it looked kind of cool but kind of weird, too. I wonder if it'll be the same thing physically.
My impression as a driver-in-training is that people are too complacent and forget they are handling a machine that could at any moment kill and maim you, your loved ones and random innocent bystanders. I wish we all were more responsible about it, and I hate the Tesla philosophy of going the opposite way (the touchscreen, the sorta there but not really autopilot, etc)
That’s also my impression (experienced and competent driver). The other day I saw a video of someone testing Tesla FSD in Prague (where I live), the person was praising it for dealing with various situations quickly and with confidence, while I, a local, was basically cowering non-stop in front of the screen. There was certainly a lot of YOLO energy.
The prevailing attitude in America is that as long as you are safe and comfortable in your gargantuan car, killing pedestrians and other drivers doesn't matter. Everyone else is beneath your contempt and if someone gets hurt or killed due to your recklessness, they deserve it.
Every new car has autopilot now, whats your point?
Quarterly earnings will be released April 22. My impression is that in recent years, such rumors tended to cluster around earnings reports (which largely haven't been great the last 2 years or so), presumably as distractions.
They don’t really need this though, every TSLA investor already louds that TSLA is not a car company - I think now it is no longer “Robo”taxi company either but humanoids-data-center-on-Jupiter-moon-mining company. Hence, absolutely no need for any EV announcements :)
Original source: https://finance.yahoo.com/sectors/technology/articles/exclus...
It will still be $30k+ out the door, guaranteed. There's zero interest in making an actual affordable car when their margins are so high at that level.
There are a lot of new $30K EVs on the market right now, as manufacturers have added a lot of incentives since the EV rebate expired. And a lot of slightly used EVs are coming off lease this year.
Tesla is going to struggle since their brand no longer has any cachet and people aren't interested in subscribing to a kinda-self driving feature.
It's not that it doesn't have cachet, it has anti-cachet.
People of Musk's exact political stripe absolutely are not impressed if you drive a Tesla, and everyone else, at minimum, is silently counting it as a character flaw and judgment problem.
To top it off, they're not the latest or the greatest EVs available and it's common knowledge at this point. The two metrics that they maximize, range and 0-60, are not really a big factor in day-to-day ownership in the way that a smooth ride and build quality are.
Will be eaten alive by the chinese competitiors at that ridicilous price point.
File this under I'll believe it when I see it.
Yeah … vapoware like the roadster.
I wouldn't be too shocked if they're real. They aren't going to be making humanoid robots that actually are useful and don't price 99% of people out of buying them and they have to come out with something new eventually.
And they can copy a lot of features from the better, cheaper chinese cars and just sell them for 3x as much in the american market because they have no competition here and the chinese are barred from selling their cars here.
Still, even if the are real it doesn't mean their company should be valued at 21x Ford's value, or even 1x Ford's.
I'd say they're as real as the $35K Cybertruck Musk promised us (not that many of us wanted it).
Exactly! That's a perfect analogy.
Tesla is basically proof positive that the market, oligarchy and fund managers are all in the Epstein-sphere of influence. No rational market would suffer the type of business management and products that Tesla produces.
You're forgetting a fan base. It's in the same category as a meme stock or NFT back in the day. Same way that haters gonna hate, believers gonna believe, and sometimes attack those who question/threaten their worldview. The boosters boost because they BELIEVE.
I don't think the comparison is entirely fair. There was never anything to NFTs. It was always a scam.
Tesla builds actual cars. For a while, these cars were innovative, and the best of their class. Their price was based on a wildly optimistic version of what they could become, but at least it had some nonzero value.
It's true that they've stopped innovating and have fallen behind, so that "optimism" has turned in the direction of "pure delusion". But I still think it's unfair to compare it to something that never demonstrated any value of any kind.
NFTs actually appreciated in price for a while. Still waiting for our FSD Teslas to appreciate and be useful as robotaxis as promised by Musk.
There is definitely a meme element here. It is fair to compare anything to anything, just not to equate anything with anything. There is, I think, sufficient overlap on certain dimensions to warrant looking at them together.
Your comment has more than a whiff of “never driven a Tesla”