01-19-2023, 01:35 AM | #485 | |
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Tesla's price cuts will help boost volume growth to 53% this year - more than triple Bank of America's prior forecast |
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01-19-2023, 04:26 AM | #486 | |
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Worse, it's looking more like Tesla's 2022 sales numbers were demand pulled forward due to COVID and shortages. And even worse, the very early inventory data is showing this trend post-price cuts. And even worse are retail purchase data showing major weakness already this year in Tesla's core market segment. Remember that whole "it's not a revelation" thing? Well another not revelation January post: Tesla has a demand problem, especially with the model 3, and the price cuts didn't fix it. Only fresh product will. Anyone still in $tsla best boogie on out
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01-19-2023, 09:31 AM | #487 |
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I don't disagree, and would add that many investors put a huge premium on TSLA evolving into much more than an automaker which has yet to materialize. So far their just a car company led by a brilliant man-child facing a wave of competition from entrenched automakers, particularly from Germany, with loads more design appeal. It's going to be a rough couple years as Tesla is tested.
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01-19-2023, 10:06 AM | #488 |
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I sat in a tesla model s in 2017. The way it was put together and the interior and the plastics immediately made me realise the 'con' for the 80k vehicle. Since then I've been amazed at the rise probably because I can't get past the way it looks inside out as in poor looks poor fit and finish stripper interior scratchy plastics etc.
I've argued with GrussGott that surely people won't buy this at that price point and it will fail..Well some buy the car...it did get called a luxury product.. amazed how meteoric the rise was in terms of share price. The fall shows you can fool some people for sometime but fooling everybody forever is impossible. Ps ton of money to be made in the process for the astute like grussgott :-) |
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01-19-2023, 10:15 AM | #489 |
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Have a look at a 2021 or 2022, drastic improvements overall. I prefer the interior of my model S vs my F10M5. Not a creak or peep or noise, not stupid vents, tech is insane, handling on par. BMW may have better seats…maybe.
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01-19-2023, 10:58 AM | #490 |
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01-19-2023, 11:32 AM | #491 | |
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Diminishing returns? I know some companies use loss leaders to drive up business, but when almost all your product becomes a loss leader, it's tough to make money. A person could take over just about any business and dramatically drive up sales volume by adopting massive price cuts. Why don't we see that done more often? |
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01-19-2023, 01:18 PM | #492 | ||
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01-19-2023, 01:46 PM | #494 | |
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Maybe, but there's no way the jury (or I) understands whatthefuck the plantiff's attorney is talking about. e.g., a witness owned calls at 550 strike and puts at 250 strike. He lost 100%. So000... Maybe if everyone on the jury had 10 years of wall street experience. And even if Musk loses the appeals will go on for a decade.
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01-19-2023, 02:05 PM | #495 | |
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Oy vey, look at all these shekels
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01-19-2023, 02:26 PM | #497 |
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I think when we discuss Tesla in general and remove the direct selling method which we've already discussed... I think they are somewhat in trouble as well.
1. The price slash is quite serious and if this doesn't move cars, nothing will. 2. Elon has alienated a large amount of his consumers. 3. There is massive competition now from Kia, Hyundai, Audi, BMW etc... and these are legacy car makers that actually know how to build cars. 4. Promises were never met on a 30 something k Model 3 and the Cybertruck is nowhere to be found. 5. Running a car company as a SW engineering company and finding out in manufacturing certain things don't work and making up stupid features as opposed to automative features has a limit. 6. Almost 0 innovation... outside of battery sizes, the model 3 and S remain identical... how can a model 3 not even offer heads up, a basic form of carplay and at least one stack of buttons below the screen... I could literally R&D improvements in my head for any Tesla in 5 minutes. 7. It seems the basic interior / quality complaints are still far from good and as we've just found out, the initial FSD demo was fake lol. I too think that overall, the golden era of Tesla itself may be close to over... that is unless Elon pumps out another cheaper model or they fundamentally change their cars up a bit.
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01-19-2023, 02:33 PM | #498 | |
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I guess RAM is a luxury brand too. Good to know
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Oy vey, look at all these shekels
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01-19-2023, 02:55 PM | #499 |
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https://cleantechnica.com/2023/01/16...rket-by-a-lot/
Model Y 2022 best selling EV in following countries...US, UK, Norway, Iceland, Portugal, Slovenia, Austria, Belgium, and Switzerland. https://europe.autonews.com/automake...-208-no-1-2022 Model Y became number one selling EV in all of Europe in November and December. With the Model 3 taking the number 2 spot. Last edited by M3WC; 01-19-2023 at 03:01 PM.. |
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01-19-2023, 03:14 PM | #500 |
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Like I said before, car makers will catch up.
Tesla still runs the ev world.
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01-19-2023, 03:34 PM | #501 | |
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What happened to Gateway 2000? Key Points: Gateway countered the notion that tech companies were sleek, futuristic, or humorless by starting on a cattle farm and maintaining that charming farming look for their entire history. Gateway was hailed as a working-class hero in the 80’s and 90’s, offering affordable products that made them a trustworthy brand. Gateway failed to maintain its quality standards in the midst of astronomical growth. While sales surged, product quality dipped, and shipping became a nightmare, not to mention awful assembly. More here: https://history-computer.com/the-rea...spectacularly/ Budweiser is the top selling beer in the US. That doesn't' say much about it's quality. The top selling car in the US is a Ford product. Is ford a good brand? The 2nd is a Chevy, the 3rd is a Ram. All good brands? Sales leader =/= good, nor stable. |
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01-19-2023, 04:04 PM | #502 | |
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01-19-2023, 11:28 PM | #503 |
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01-20-2023, 12:19 AM | #504 |
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Blockbuster didn’t make VHS tapes.
It rented them. It’s pretty clear the comparison is with a business that might fail. Tesla might fail. By asking that rhetorical question you could also ask if because FIAT failed in North America that the internal combustion engine would have died with it… |
01-20-2023, 09:12 AM | #505 |
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I think Tesla's business model needs to be carefully reviewed at this stage of it's evolution. Rapid growth expectations in a flat or declining market absent competition are risky. Rapid growth expectations in a flat or declining market with accelerating competition can be suicide, even for a healthy business.
Dumping product on the market is a strategy that costs more than just cash. China could dump products on it's markets because the cost was borne by it's people. Who will bear the cost of Tesla's dumping, and how long will they tolerate it? |
01-20-2023, 11:00 AM | #506 | |
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