Tesla 2024
- Thread starter VicBee
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Batteries are getting better
Researchers in Korea developed a sodium-ion battery which can be charged in seconds. Sodium is roughly 1,000 times as abundant on Earth as lithium, which is used in most modern batteries, and is therefore attractive as a raw material. It’s among a number of battery technology improvements on the horizon: BMW’s new electric vehicle batteries will see a 20% increase in energy density, while an Israeli startup expects to achieve EV charging as fast as filling a gas tank. “The next five to 10 years should see a steady drumbeat of new battery technologies,” The Wall Street Journal reported, leading to cheaper, long-range, rapid-charging EVs.
Researchers in Korea developed a sodium-ion battery which can be charged in seconds. Sodium is roughly 1,000 times as abundant on Earth as lithium, which is used in most modern batteries, and is therefore attractive as a raw material. It’s among a number of battery technology improvements on the horizon: BMW’s new electric vehicle batteries will see a 20% increase in energy density, while an Israeli startup expects to achieve EV charging as fast as filling a gas tank. “The next five to 10 years should see a steady drumbeat of new battery technologies,” The Wall Street Journal reported, leading to cheaper, long-range, rapid-charging EVs.
Wait, on one hand you want to measure Tesla against the top tech companies and on the other against the car manufacturing companies... Which is it? Because 15% margin for car makers is one of the best in the business.
But you hold Tesla to its 2021 ATH 30% tech margin and decide it's over for the company on that basis.
Tesla is neither a car nor a tech company. Its margin will grow as its energy business takes a greater share of revenue, while it will continue to face pressure in the car business due to competition. Its FSD dev will eventually lead to tech level margin once it gets government stamp of approval for level 5. Apparently Tesla is already in talks for licensing FSD to another manufacturer.
Apparently fusion is just around the corner as well for unlimited energy.
So what's my point? I am sick of hearing about everything that Tesla has in the works. Because Elon has proven himself to lie over and over again, any competent individual should be evaluating Tesla based on what it has delivered.
Has delivered? Easy.
Tesla Model Y is the first EV to become the world’s bestselling car
The Tesla Model Y outsold the Toyota Corolla in Q1, despite being almost double the price.
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By Jess Weatherbed, a news writer focused on creative industries, computing, and internet culture. Jess started her career at TechRadar, covering news and hardware reviews.
May 26, 2023, 2:10 PM UTC
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For the first time ever, an all-electric vehicle — specifically the Tesla Model Y — is now the world’s bestselling car. According to analyst data from Jato Dynamics (published by Motor1), the Tesla Model Y has surpassed Toyota’s RAV4 and Corolla models to top global sales rankings in the first quarter of 2023. That’s especially impressive given pricing for the 2023 Model Y starts at $47,490, considerably more than the 2023 Corolla ($21,550) and RAV4 ($27,575).
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Will deliver.... ? Hmmmm.
I bet no one here shorts it tomorrow.
Great. So we should all be pricing Tesla based on this one fact. Its a successful EV car company. But Elon himself said that without FSD, Tesla is worth zero. So the Model Y being the best selling EV means nothing going forward. The company needs FSD, like yesterday. But since 2018, its always coming next year.
And even when it comes, even after they showcase a working Robotaxi like Waymo, it will still take years of regulatory approval, and even then, I bet it might be better in some ways, but worse in others, than the competition. So it isn't going to be a slam dunk. If FSD ever works, with just the cameras alone, it will be at least a decade before it has any material impact on the future of transportation. And I bet that the competition with extra sensors will show the deficiencies of Tesla's approach. They might be isolated cases like unique lighting or weather conditions, but there is no way that overall, FSD with just cameras, will outperform a host of sensors. So Tesla will either die, or have to quickly pivot, and in the process, admit that 10 years of selling FSD and promising the cars will all be robataxis that make you money was all a big fat lie.
When you aren't a die hard Tesla fanboy, its pretty clear. Even this latest Robotaxi announcement came on the heels of the Reuters article forcing Elon to come up with something. Tesla fanboys are like a stupid toddler who gets excited by new and shinny things, so all he has to do is throw something else out when some bad news hits. When the fanboys say Tesla is an energy company, an AI company, a Robotics company, etc, all this tells me is the great lengths that Elon has to go to in order to keep throwing up shinny things used to redirect and distract. Its honestly comical at this point that it keeps working. How many different baby mommas does he have now? Each one of them have figured it out.... LOL
I don't own a Tesla but I spend a lot of time reading and watching about it as it is my prime investment. You might want to watch all the YT videos of Tesla drivers talking about FSD v 12.3.4, the AI powered system. It's leaps above anything anyone else is doing.
When you build something that's never been done before you project a ready date to satisfy the media then go to work. Elon's an optimist and is known to expect results faster than they come. So what? I guess your parents didn't teach you delayed gratification..