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Near-future quarterly financial projections
- Thread starter luvb2b
- Start date
navguy12
Active Member
One observation regarding the Autopark: I don’t use it because it pedantically cranks the steering wheel while the car is absolutely stationary, therefore ensuring maximum wear on the involved steering and suspension parts.
If the software would allow the car to move mere centimetres/inches as it cranks the steering wheel (mimicking best practices), that would enhance the longevity of said parts as well as the front tires.
navguy12
Active Member
The best way to demonstrate this phenomena is driving a vehicle without power steering; power steering simply masks the effort being expended to turn the front wheels under all operating conditions.
Borrow someones ICE and park it (in a controlled environment) on a slight grade that would allow the vehicle to coast down the grade without the engine (and hence the power steering pump) operating.
Turn the car on but do not start it; while remaining stationary, crank the front wheels from center to full left and then full right and then back to center; note what your muscle memory is telling you.
Then, put the car in neutral and as it begins to slowly coast down the grade, repeat the crank full left, crank full right, re-center movements.
Your muscle memory will tell you that you spent much less effort turning the front wheels left, right & re-center while the car was slowly moving.
Look back at the two patches of pavement that mark the areas when the car was stationary and you cranked the front wheels left, right & re-center.
Note the pavement will have evidence of surface scuffing and probably will show actual damage.
You will not see that same scuffing (and potential actual damage) when the car was slowly coasting as the wheels were turned.
That energy causing the scuffing is being transferred via the steering components.
Wow... you obviously didn't learn on a car that didn't have power steering. It's really hard to turn the wheel when stationary, much easier if it is moving even slightly. This used to be part of driver training. I guess I'm showing my age, was driving 5 ton trucks before I was old enough to have a license.
Maybe we keep the steering related conversations out of this thread which is specifically about near term financial projections?
Q2 deliveries will be interesting.
-Europe April sales down 22% vs January.
-In the five daily reporting countries that trend continues into May.
-Plenty of inventory, timing of ships cannot be used as an excuse.
-First six weeks of China sales are down ~5.4% vs first six weeks of Q1, despite CNY in Q1.
-There is no mid-quarter data for nearly anywhere else in the world, but there are reports (rumors?) of Austin removing a Model Y shift. We also have the 0.99% interest finance rate for Model Ys in the U.S. You don't do a rate buydown that steep if sales are going well.
Halfway through the quarter and the sales data we do have is not good. Would not at all be surprised by another sub-400k quarter unless things start to turn around.
-Europe April sales down 22% vs January.
-In the five daily reporting countries that trend continues into May.
-Plenty of inventory, timing of ships cannot be used as an excuse.
-First six weeks of China sales are down ~5.4% vs first six weeks of Q1, despite CNY in Q1.
-There is no mid-quarter data for nearly anywhere else in the world, but there are reports (rumors?) of Austin removing a Model Y shift. We also have the 0.99% interest finance rate for Model Ys in the U.S. You don't do a rate buydown that steep if sales are going well.
Halfway through the quarter and the sales data we do have is not good. Would not at all be surprised by another sub-400k quarter unless things start to turn around.
I think FSD trial and take rate is what this quarter hinges on. And any seemingly good news on the autonomy side will rule over any bad/good news in terms of deliveries / quarterly profits. It will be very interesting to see the real-world improvement of 12.4 vs 12.3 and if it's anything close to what Elon has promised.
Doggydogworld
Active Member
It's an upfront cash buy down, e.g. the bank sends Tesla 35k instead of 40k. They were giving 4-7k inventory discounts before, now they just apply the discount to the loan instead. Shouldn't have a big affect on financials. Tesla should still quietly offer cash discounts for buyers who don't want to finance, like legacy does, but who knows if they will.
