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04-21-2023, 12:56 AM | #1871 | |
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Tesla stock is up 743% in last 5 years BMW stock is down 0.65% last 5 years |
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04-21-2023, 04:56 AM | #1872 |
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04-21-2023, 09:19 AM | #1874 | |
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In the past Year: BMW is +7.86 (27.53%)past year Tesla is -172.40 (-51.27%)past year That ties back to the point I was making, Tesla is trying to grow past the markets capacity/desire to ingest it's product, to the point it is willing to harm it's margins and alienate it's investors. It will take time to see just how brilliant that decision is, but we have some data markers that are hinting (strongly) at the need for a change in strategy. |
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04-21-2023, 10:47 AM | #1875 |
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Any guesses on how long Tesla will keep the current line up going with little to no changes? The Tesla lineup is OLD and is rivaling what Toyota has done with the 4runner which originally debuted in 2010 and has received only minor updates for the LAST 14 YEARS! If Tesla was like other automakers and introduced truly new model updates every 3 to 5 years, they wouldn't exist. The recent Tesla model MSRP cost cutting is largely the result of a very stale model lineup and economies of scale of keeping things stale. It's also clear how much profit is built into the cars. Tesla isn't alone in this though. I'm looking at you domestic full size truck makers and the suckers that pay stupid money for simple and cheap to manufacture body on frame trucks.
Elon Musk is an amazing innovator and we need more people like him to say "Who says we can't do that?" and then wave a middle finger as he does it. I have thousands in Tesla stock to prove my support of the company. Are EVs the automotive future? Nope. Are they part of the future? Yep. So is full ICE and hybrid using gasoline, diesel, and alternative fuels.
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Murf the Surf20636.00 M5Rick67039.50 |
04-21-2023, 11:07 AM | #1876 |
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No one wants electric cars, but automakers are making then because world governments are pushing them to do so. A paperweight disposal car in 5 years
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04-21-2023, 12:50 PM | #1877 | |
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Next major update is to Model 3. Project Highland update is due around Sept timeframe. New front/rear bumpers, headlights, mirrors, cameras/electronics, interior refresh, rumored new seats. |
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04-21-2023, 12:50 PM | #1878 | |
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We as enthusiasts are a tiny almost insignificant buying demographic. Who oftentimes falsely believe we dictate overall car sales in the industry.
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04-21-2023, 12:56 PM | #1879 | |
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And yes I am definitely still an enthusiast The low cost to operate it supplements the cost of owning my ///M car
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04-21-2023, 02:00 PM | #1880 | |
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04-21-2023, 02:11 PM | #1881 |
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Reading isn't your strong suit sir/madame. The figure given is for Q1. Last year BMW sold just over 330K total cars in the USA. So clearly Tesla's Q1 figures aren't insignificant. Furthermore, even BMW has seen huge demand for their new EV's. Anyhow, carryon with your conspiracy theory.
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04-21-2023, 03:29 PM | #1882 | |
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But yeah, 5% sales with government incentives to push electric sales, in addition to telsa slashing prices x3 times this year, but sure. |
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04-21-2023, 04:39 PM | #1883 |
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The US may be lagging in BEV sales overall, but in Q1 2023 BMW Group sold 64,647 worldwide for 11% of their vehicle sales. If PHEVs are included, then plugin electric vehicles accounted for 19% of their sales, i.e. 22% more volume than their total vehicle sales in the US in the same period.
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04-21-2023, 04:43 PM | #1884 |
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04-21-2023, 05:32 PM | #1886 |
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This is exactly what I'm talking about. Tesla is so like Toyota. Hilarious. The Model 3 came to market in 2017. Some new bumpers covers, headlights, etc. Ohhhh wow! They'll essentially drag the Model 3 through to 2027 without a full redesign.
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04-21-2023, 08:12 PM | #1888 | |
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04-21-2023, 09:33 PM | #1889 | |
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I am good
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04-22-2023, 01:50 AM | #1890 | |
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It is unlikely events such as Pike’s Peak will have an ICE record holder again over BEV competitors. I remember when Blackberry and many of it’s users mocked the iPhone. |
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04-22-2023, 04:02 AM | #1891 |
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I don’t know. Do you really think they won’t improve upon that? Because if they don’t, they’re screwed. There won’t be a 2035. There won’t be at 2085. If they can’t improve charge speed, electric vehicles will stay nothing more than neighborhood conversation pieces that self proclaimed greenies brag about at weekend tofu barbecues.
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Murf the Surf20636.00 M5Rick67039.50 |
04-22-2023, 06:39 AM | #1892 |
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Pike's Peak is the only place an EV can outperform an ICE setup - I think we both know that. As such, it's kind of a crappy example to use with a 1 seater car that costs a million or more.
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