Tesla to cut thousands of jobs as Elon Musk warns the ‘road ahead is very difficult’


taxslave
+2
#1471
Quote: Originally Posted by Hoid View Post

it's the batteries,stupid
https://www.teslarati.com/tesla-batt...on-vs-daimler/
Tesla's battery acquisitions are paying off in spades, and giving rivals a lot of pain
There was a time, not too long ago, when Tesla skeptics questioned the company’s focus in designing and producing its own batteries with a dedicated partner like Panasonic and a facility like Gigafactory 1 in Nevada. Batteries, after all, are available off-the-shelf from companies like LG Chem, and it seemed pretty futile for Tesla to insist that it needs its own battery supply for its future business.
Fast forward to 2020, and Tesla’s extreme focus on battery development is paying off in spades. Over the years, Tesla has acquired multiple companies that have, in some way, enabled the company to accelerate or improve its products’ batteries. Included among these are Grohmann Automation, whose machines are the bread and butter in Gigafactory 1, Maxwell Technologies, and more recently, HIBAR systems.
At this point, Tesla’s batteries have pretty much become the gold standard for EVs, and the company appears to be well on its way towards releasing vehicles that have a range of 400 miles or more. The Plaid Model S and X will likely be the first of these, as well as the next-gen Roadster, which will have 620 miles of range. Even the reasonably-priced Cybertruck tops out at over 500 miles of range per charge. Massive battery developments are needed to achieve these, and Tesla seems to have done it, or at least is well on its way.
Simon Alvarez
BySimon AlvarezPosted on January 24, 2020
There was a time, not too long ago, when Tesla skeptics questioned the company’s focus in designing and producing its own batteries with a dedicated partner like Panasonic and a facility like Gigafactory 1 in Nevada. Batteries, after all, are available off-the-shelf from companies like LG Chem, and it seemed pretty futile for Tesla to insist that it needs its own battery supply for its future business.
Fast forward to 2020, and Tesla’s extreme focus on battery development is paying off in spades. Over the years, Tesla has acquired multiple companies that have, in some way, enabled the company to accelerate or improve its products’ batteries. Included among these are Grohmann Automation, whose machines are the bread and butter in Gigafactory 1, Maxwell Technologies, and more recently, HIBAR systems.
At this point, Tesla’s batteries have pretty much become the gold standard for EVs, and the company appears to be well on its way towards releasing vehicles that have a range of 400 miles or more. The Plaid Model S and X will likely be the first of these, as well as the next-gen Roadster, which will have 620 miles of range. Even the reasonably-priced Cybertruck tops out at over 500 miles of range per charge. Massive battery developments are needed to achieve these, and Tesla seems to have done it, or at least is well on its way.
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This does not appear to be true for other OEMs attempting to enter the electric vehicle market. As veteran companies unveiled their EVs, and as none have really managed to hold a candle to Tesla’s flagship Model S in terms of range, it is becoming evident that the electric car maker’s investments in batteries may have actually been the right strategy all along. Daimler, for one, seems to be feeling this inconvenient truth, with works council chief Michael Brecht explaining during a recent interview with Manager Magazin that Tesla’s battery-related acquisitions are actually having an effect on Germany’s EV efforts.
Daimler launched its first EV, the Mercedes-Benz EQC, in 2018, and it has not really lived up to the hype. Despite being dubbed at some point as a potential “Tesla Killer” due to its pedigree and excellent German build quality, the all-electric SUV has faced battery shortages and low sales. Registrations in Germany for the vehicle only show about 55 units sold to date despite all the ad campaigns dedicated to the SUV. Battery supply shortages have also forced Daimler to cut the annual production target of the EQC by 50% from 60,000 to just 30,000.
Quite interestingly, Brecht partly blames Tesla for some of the challenges facing the EQC today. Explaining his points to the publication, he argued that one of the reasons Daimler is struggling with battery demand is because Tesla bought Grohmann Engineering, which has valuable technology that could be used for battery-related developments and activities. Brecht also mentioned that Grohmann was actually hired by Mercedes-Benz to build up its own battery manufacturing capacity.
Brecht’s statements are notable since it is quite rare to see a veteran car manufacturer actually point the finger at Tesla to explain the dire condition of its own EV program. One can only hope that perhaps, the EQC would be a lesson that Daimler could learn from. After all, Daimler, among German automakers, would likely have no issues tapping into Tesla’s established technologies, batteries and powertrains alike, as the two companies have already worked together in the past. Elon Musk has stated that eventually, Tesla may be open to selling its batteries and powertrains with other OEMs. If this were to happen, it would be wise for Daimler to wait right in front of the line to avoid another EQC-sized flop.

This has always been accepted fact. When the battery problem is cured evs will become practical. They are at the point where if you only have to go a couple of miles and have lots of money they are useable. What they don't like to advertise is the range in sub zero temperature. The other elephant in the room is the power distribution system will not sustain an ev on charge in every house.
 
taxslave
+2
#1472
Quote: Originally Posted by captain morgan View Post

... Or, maybe dynamite can be considered far inferior to the destructive power of the mighty tesla battery

Speaking as a firefighter and someone with extensive blasting experience I would far rather deal with a dynamite fire than an electric car fire.
 
pgs
#1473
Quote: Originally Posted by taxslave View Post

Speaking as a firefighter and someone with extensive blasting experience I would far rather deal with a dynamite fire than an electric car fire.

Foam .
 
Hoid
#1474
Quote: Originally Posted by taxslave View Post

Speaking as a firefighter and someone with extensive blasting experience I would far rather deal with a dynamite fire than an electric car fire.

you're in luck

you will never see an electric car fire
 
taxslave
+1
#1475
Quote: Originally Posted by Hoid View Post

you're in luck
you will never see an electric car fire

I'm not that lucky. I have seen an electric man lift catch on fire with two men in the basket. No one was hurt but it sure created a panic.
 
Hoid
#1476
I am trying to imagine an emergency situation where your presence would not create panic.
 
captain morgan
+3
#1477
Quote: Originally Posted by Walter View Post

Tesla is now the world’s second largest automobile manufacturer trailing only Toyota according to its value in the stock market. Musk is Midas.


BreX was among the world's largest gold companies based on market value.


Quote: Originally Posted by taxslave View Post

I'm not that lucky. I have seen an electric man lift catch on fire with two men in the basket. No one was hurt but it sure created a panic.


Just be thankful that the man lift didn't have a tesla battery system
 
taxslave
+1
#1478
Quote: Originally Posted by Hoid View Post

I am trying to imagine an emergency situation where your presence would not create panic.

Every single one. Especially when thinking on your feet is required
 
petros
+1
#1479
Quote: Originally Posted by Hoid View Post

you're in luck
you will never see an electric car fire

Why not?
 
Hoid
#1480
Quote: Originally Posted by taxslave View Post

Every single one. Especially when thinking on your feet is required

lol thinking is your specialty
 
Hoid
#1481
Tesla 4th quarter earnings tomorrow?

What a difference a quarter makes.

Last quarter saw petty much the final death of the "Tesla is worthless" thesis.

Tesla is the real deal and here they are at $570ish and on the verge of breaking all estimates for the final quarter.

How high could it go is the new trading game on Tsla.
 
captain morgan
+2
#1482
Forward P/E 1 Yr.: -121.33

Earnings Per Share(EPS) - $-4.85

Annualized Dividend - N/A

Ex Dividend Date - N/A

Dividend Pay Date - N/A

Current Yield - 0%
 
Hoid
#1483
Tesla made a profit of $143 million in Q3 2019 on record deliveries
https://arstechnica.com/cars/2019/10...rd-deliveries/

What if they double that in Q4?

Is it any wonder TSLA is the greatest trading stock of the century?

Previous Close558.02
Volume7,798,425
Avg Vol18,166,357
Stochastic %K76.32%
Weighted Alpha+123.50
5-Day Change+14.50 (+2.65%)
52-Week Range176.99 - 594.50
 
captain morgan
+1
#1484
Forward P/E 1 Yr. - 121.33

Earnings Per Share(EPS) - $-4.85

Annualized Dividend - N/A

Ex Dividend Date - N/A

Dividend Pay Date - N/A

Current Yield - 0%
 
Hoid
#1485
Market Summary > Tesla Inc
NASDAQ: TSLA
563.91 USD +5.89 (1.06%)
Jan. 28, 1:14 p.m. EST · Disclaimer
 
Hoid
#1486
The day before Tesla reports and there is nothing in the media about how badly they are going to miss and how low the stock is going to go.

That is the biggest tip off right there.
 
Twin_Moose
+1
#1487
How much does the profitability of Tesla actually set stock pricing? Apparently you have proof that Tesla is not sustaining a stable profitable platform and basically working off the profits of it's shares. Otherwise there would be a return on profit to the share holders.
 
Hoid
#1488
I had this discussion with people about Apple 20ish years ago.

Tesla is to the car as iPhone is to the phone.
 
petros
+1
#1489
iPhone is falling from grace. Down 10% in sales.
 
Hoid
#1490
20 years ago it was just a dream - that came true
 
captain morgan
+1
#1491
Apple makes money.


Tesla?
Forward P/E 1 Yr. - 121.33

Earnings Per Share(EPS) - $-4.85

Annualized Dividend - N/A

Ex Dividend Date - N/A

Dividend Pay Date - N/A

Current Yield - 0%
 
Hoid
#1492
Tesla made a profit of $143 million in Q3 2019 on record deliveries
https://arstechnica.com/cars/2019/10...rd-deliveries/

^the stock price has more than doubled since then.

$1,200 3 months from now?
 
Twin_Moose
#1493
Quote: Originally Posted by Hoid View Post

Tesla made a profit of $143 million in Q3 2019 on record deliveries
https://arstechnica.com/cars/2019/10...rd-deliveries/

Will they be offering a ROI then?
 
Hoid
#1494
Quote: Originally Posted by Twin_Moose View Post

Will they be offering a ROI then?

ROI= Current Value of Investment−Cost of Investment
Cost of Investment

We know that if you had invested about $30,000 in Tesla at IPO ($17) today your ROI would be

$1,000,000 -30,000

30,000

=32.3

in other words for each dollar you invested you would have $32.3 returned
 
captain morgan
+1
#1495
Quote: Originally Posted by Hoid View Post

Tesla made a profit of $143 million in Q3 2019 on record deliveries
https://arstechnica.com/cars/2019/10...rd-deliveries/

^the stock price has more than doubled since then.

$1,200 3 months from now?


Forward P/E 1 Yr. - 121.33

Earnings Per Share(EPS) - $-4.85

Annualized Dividend - N/A

Ex Dividend Date - N/A

Dividend Pay Date - N/A

Current Yield - 0%
 
Twin_Moose
#1496
Will they pay out dividends
 
Hoid
#1497
Quote: Originally Posted by Twin_Moose View Post

Will they pay out dividends

Do you want growth or do you want yield?
 
Twin_Moose
+2
#1498
Both
 
Hoid
#1499
well, that isn't how it works
 
Twin_Moose
+1
#1500
Quote: Originally Posted by Hoid View Post

well, that isn't how it works

Why not after all these years?