His price target depends on Tesla having to sell the cars for no profit. Will that happen? When? I don't even think Tesla knows how will demand be long term given the $7500 incentive. What happens if the Fed starts to pivot?
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
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His price target depends on Tesla having to sell the cars for no profit. Will that happen? When? I don't even think Tesla knows how will demand be long term given the $7500 incentive. What happens if the Fed starts to pivot?
StealthP3D
Well-Known Member
You have a weird idea of what the term "hard earned profits" means.
I know of no easier way to make large sums of money than by investing. The lottery is too unreliable to count.
JRP3
Hyperactive Member
If you made profits earlier in the year tax loss selling now makes sense. I've been dumping some of my losers for which I don't see a possibility of a quick turn around. Tesla hasn't been in that group for me but it could be for some.
JRP3
Hyperactive Member
Yes Tesla could change the front bumpers enough to differentiate new models, add a new color choice or two, and that might be enough.
According to this tweet it’s because of storm:
It doesn’t look stormy weather to me tough.
I doubt the cars on these ships would have been able to be delivered this year even without shipping delays. Unless Tesla organises delivery at the harbour, which is not impossible
The car importers and lease companies in Belgium predict the sudden end of the plug-in hybrid era for company cars in Belgium:
The first half of 2023 they expect to sell a lot of plug-in hybrids to company car owners, but it will abruptly stop the first of July due to a change in the tax rules for company cars.
They expect the second half of 2023 to see a market share of 80% for EV’s in the company car market.
The first half of 2023 they expect to sell a lot of plug-in hybrids to company car owners, but it will abruptly stop the first of July due to a change in the tax rules for company cars.
They expect the second half of 2023 to see a market share of 80% for EV’s in the company car market.
And for many other carmakers the opposite is true, if their EVs are making a profit at all, it is paper thin, Their ICE car sales are on thinner margins that Tesla. their debt levels are higher than Tesla.
Tesla can be nimble about introducing newer cheaper models including single motor models with a smaller pack.
Tesla can introduce new paint colors, and give discounts on software and Supercharging to drive sales.
4680 cell production is still a big area of potential price advantage especially with the IRA.
Tesla has other income streams, energy storage, insurance, etc.
Opportunities for more sales will arise because competitors are struggling, factories will be closed, production ramps delayed, inventory will be sold for a loss compounding bad financials. If they can't sell for a good price, they need to cut production. After the initial inventory is consumed inventory growth will be slow, after the recession demand might exceed supply as factories are slowly started/restarted.
Vey few will have the courage and the funds, to invest in significant new production during a recession. if the industry transitions for ICE to EV during the recession that is more challenging. My experience is that economic downturns are a change accelerator, weaker companies and products are often culled.
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Well Cory still believes that yesterday was a capitulation event and face ripping rally is coming through Jan.
navguy12
Active Member
Changing exterior trim for the sake of change is not first principals thinking IMO.
jkirkwood001
Active Member
Wow, we're wondering how to fix Tesla by learning how legacy OEMs do things? It's gotten that bad?? Next we'll add dealerships for that 'personal touch'???
IMHO, Tesla has no problem in product development. Their current issues are the many industries and financial institutions that want them to fail because of disruption, no advertising, etc. That and Elon's antics.
I agree with @insaneoctane, a financial incentive is a practical way (and only at Tesla's disposal given their profit margin) to address self-induced brand image issues and recession- and COVID- induced waning demand.
anthonyj
Stonks
I’ve been driving with FSD for over a year. The only reason it isn’t perfect is because it has obvious blind spots. The logic is there. I think the world is in for a surprise when they add a couple more cameras. And I’d bet that Tesla will retrofit any extra hardware necessary, for free. Why do you think they charge so much for FSD?
I want Tesla to do whatever it takes to bankrupt legacy auto. Sell the cars at break even, I don’t care. Put them out of their misery. Burn them. Become a monopoly. You are invested in a 40x more expensive iPhone on wheels without a competitor in sight. Everyone will have one. Everyone will be driven in one.
I want Tesla to do whatever it takes to bankrupt legacy auto. Sell the cars at break even, I don’t care. Put them out of their misery. Burn them. Become a monopoly. You are invested in a 40x more expensive iPhone on wheels without a competitor in sight. Everyone will have one. Everyone will be driven in one.
I agree, particular with regards to newer lower end models as you suggested. They could almost sneak 2 models in under the Model Y LR. The Model Y AWD they already sort of released, and a Model Y RWD with slightly lower range. It is a bit fraught for them to discount existing models though. Taking a months long model vacation like they did with the Model 3 should work though.
Most of the legacy automakers are going to need financing to get their next leg of EV production going. That is going to be quite painful over the next couple of years. Particularly since GM and Ford are already so debt laden.
Would you say the same about the cosmetic changes the 3 has seen so far? I wouldn't. Chrome delete was smart, as was replacing the older interior trim pieces.
The real driver of demand is FSD because no other car has this. However it's not complete and we don't know when it'll be complete to the point where it actually starts pulling demand. In the mean time, there's nothing wrong with minor refreshes. Tesla have already done many of these over the past 5 years.
Haven't seen this reported here yet. Is this real? Apparently California just passed a law that prohibits Tesla from calling FSD Full Self Driving. Maybe they should call it: Full Self Driving Beta....
JRP3
Hyperactive Member
If it helps sales during a recession it is. Also is there no room for tweaking and improvement in aero?
JRP3
Hyperactive Member
Fake Self Driving
petit_bateau
Active Member
Guesstimate 7k per ship.
There were high winds through here this morning. Not sure if this is weather related or capacity related.
jkirkwood001
Active Member
I'm fine with continuous improvement, which Tesla does continuously, unlike the OEMs who use it inefficiently.
BTW @Nocturnal , I think the chrome delete / black looks awesome on white, but I prefer chrome on the red and blue models. Regardless, again, I'm fine with improvements, just not the "IT'S THE NEW 2025 TESLA MODEL 3!! HIGHER PRICE FOR COSMETIC CHANGES!!" approach of OEMs. Bells & whistles.
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