Unmasking Elon Musk

[Hoonicorn]

Tesla price is 70k for base model 3 not included is the tax credit of 8k or fuel savings.

So 62k ish or 52k ish with fuel savings

https://www.tesla.com/en_nz/model3/design#overview

For those of you who don't understand business and how profit margins works which seems like most of you, each price cut opens further market share with each price reduction captures each income bracket until you eventually own the entire market as prices continue to fall and your competitors go bankrupt.

Having Tesla in the marketplace pushes competition and innovation, and the winners are customers. I see a lot of Teslas and they are easily identifiable compared with other electric cars which just look the same as anything else.

[husaberg]

Meanwhile in NZ: The Model Y’s pricing has seen more modest change, with the entry-level grade now priced from $75,900 (a $300 price cut) and the dual-motor Performance priced from $105,900 (a $3000 price cut).The move ends a series of steady price increases given to the Model 3 in particular, with the most affordable model’s retail price increasing by almost $8000 between July of 2021 and June of 2022.

https://edition.cnn.com/2021/01/31/i...ity/index.html

Tesla posted its first full year of net income in 2020 – but not because of sales to its customers.

Eleven states require automakers sell a certain percentage of zero-emissions vehicles by 2025. If they can’t, the automakers have to buy regulatory credits from another automaker that meets those requirements – such as Tesla, which exclusively sells electric cars.

It’s a lucrative business for Tesla – bringing in $3.3 billion over the course of the last five years, nearly half of that in 2020 alone. The $1.6 billion in regulatory credits it received last year far outweighed Tesla’s net income of $721 million – meaning Tesla would have otherwise posted a net loss in 2020.

“These guys are losing money selling cars. They’re making money selling credits.

[nerrrd]

Having Tesla in the marketplace pushes competition and innovation, and the winners are customers. I see a lot of Teslas and they are easily identifiable compared with other electric cars which just look the same as anything else.

To be fair, the main reason Teslas are easily identifiable is they all look the same – they've pretty obviously taken a lot of cues from the modern Porsche design philosophy.

In a lot of ways Tesla seems to me like the Apple of the electric car world, taking existing ideas and refining them while building a proprietary ecosystem. And it's worked extremely well for Apple.

It hasn't put their competitors out of business, though.

[Al Bundy 4eva!]

In a lot of ways Tesla seems to me like the Apple of the electric car world, taking existing ideas and refining them while building a proprietary ecosystem. And it's worked extremely well for Apple.

It hasn't put their competitors out of business, though.

Tell that to Nokia or Motorola and Blackberry

You can keep making insignificant phones that nobody buys, but you can't keep making cars that nobody buys with the cost of production.

https://en.m.wikipedia.org/wiki/List..._United_States

[nerrrd]

Ironically my current phone is a Nokia and the one before that was a Motorola .

[Al Bundy 4eva!]

Ironically my current phone is a Nokia and the one before that was a Motorola .

Is any one surprised by this statement, tell us how the Great depression was in 1929 why don't you.

[Al Bundy 4eva!]

No one replies to Husenberg because she only knows how to Google search then copy and paste someone else's outdated news story.

Husenberger lacks the intelligence to think for oneself, similar to R650R who has an advanced masters degree in YouTube .

[Al Bundy 4eva!]

I'm sorry for my unkind comments.

[Al Bundy 4eva!]

I'm sorry for my unkind comments.

No, not really.

[Al Bundy 4eva!]

Hahahaha! Think I can buy an awesome new ute for less than the cheapest Tesla! Might wait for a few more years and see what happens

This fellow tried to add me to his ignore list, but found me too irresistibly sexy and intelligent to ignore, I mean , who could blame him?

[Al Bundy 4eva!]

Despite Elon Musk stating it is not Teslas goal to do so, When Tesla pulls the trigger and lowers the cost of there cars further as production increases

Tesla will eventually kill off many legacy auto manufacturers

Only governments will be able to keep these manufacturers on life support

Why?

Because the automotive unions will be donating to left wing political parties to keep them alive.

Imagine having to pay union fees not to campaign on your behalf for better wage and working conditions, but to keep you employed because your company is being eaten alive Tesla.

[1/32 man]

Once the truth about battery production, battery life, and battery disposal becomes well known Tesla might have to rethink their stance of world dominance.

Hydrogen mate? Hydrogen!

[Al Bundy 4eva!]

Once the truth about battery production, battery life, and battery disposal becomes well known Tesla might have to rethink their stance of world dominance.

Hydrogen mate? Hydrogen!

Your more than welcome to drive around on an unstable atomic bomb if you wish, try finding a place to fill up, perhaps you can fill your hydrogen bomb at home...oh wait .

[R650R]

Once the truth about battery production, battery life, and battery disposal becomes well known Tesla might have to rethink their stance of world dominance.

Hydrogen mate? Hydrogen!

It’s the basic maths on raw materials too. A top investment expert says at no time in human history has the production of raw materials needed been able to be increased at the massive level since needed.
But then the elite don’t want us to have freedom of movement anyway. They will legislate petrol out and make electric the only thing, it’s just everyday joe won’t be able to afford one.
If Tesla does make a Henry Ford style car for the masses it will just be a short lived trap to make us let go of petrol cause there ain’t enough minerals for everyone to have one.
Tesla is the Trojan horse of our time.

[husaberg]

In a lot of ways Tesla seems to me like the Apple of the electric car world, taking existing ideas and refining them while building a proprietary ecosystem. And it's worked extremely well for Apple.

It hasn't put their competitors out of business, though.

If they want to follow apple....

There is one aspect of Apple's retail model that stands out the most: Apple doesn't offer discounts. Apple has a no-discount pricing strategy with the products it sells in its own Apple retail stores.

Apple Makes Plans to Move Production Out of China
The iPhone maker is looking to further diversify the supply chain that has powered its growth
Turmoil at a place called iPhone City helped propel Apple’s shift. At the giant city-within-a-city in Zhengzhou, China, as many as 300,000 workers work at a factory run by Foxconn to make iPhones and other Apple products. At one point, it alone made about 85% of the Pro lineup of iPhones, according to market-research firm Counterpoint Research.
The Zhengzhou factory was convulsed in late November by violent protests. In videos posted online, workers upset about wages and Covid-19 restrictions could be seen throwing items and shouting “Stand up for your rights!” Riot police were present, the videos show. The location of one of the videos was verified by the news agency and video-verification service Storyful. The Wall Street Journal corroborated events shown in the videos with workers at the site.

Shares were down 2.6% on Friday, following the stock's worst year since its inception due to delivery issues and growing competition.
Tesla fans and customers complained the price cuts disadvantaged those who had recently bought a vehicle.

Greg Woodfill in Seattle, who bought a Model Y in December, had considered waiting until the new year to get the U.S. subsidy, but was lured by a discount at the time of $3,750.

"It's a punch in the gut, to be honest," he told Reuters on Friday, adding that it feels unfair Tesla sought to boost fourth-quarter sales with discounts, only to cut prices even more a month later.In China, where Tesla cut prices last week by 6-13.5%, owners protested at delivery centres, calling for compensation.
For 2021, the United States and China combined had accounted for about 75% of Tesla sales,
The company’s production capacity should be much higher in 2023 than in previous years with those factories, but bearish analysts have voiced concerns over a possible “demand cliff.”

Tesla is now facing more competition, higher interest rates and slower consumer spending than in recent years, Bernstein analysts wrote in a note on Jan. 12.

They said, “We believe that many investors underestimate the magnitude of the demand challenges Tesla is facing.” However, the firm has had an “underperform” rating and price target of $150 on shares of Tesla after the company’s share price declined in recent months.