Tesla

[Wildreamz]

https://www.vox.com/energy-and-environme...revolution

The world’s largest car market just announced an imminent end to gas and diesel cars

National fossil fuel vehicle bans are catching on
China is only the latest country to announce its intention to phase out the production and sale of gas and diesel vehicles altogether.

• Last year, the Dutch parliament voted through a motion to end all gas and diesel car sales by 2025 (it still has to go through the Dutch senate).
  
  
• In June, India announced that it would end sales of gas and diesel cars by 2030.
  
  
• In June, Norway agreed to end sales of gas and diesel cars by 2025. (Norway leads the world in EVs — almost 40 percent of its newly registered vehicles were hybrid, electric, or hydrogen in 2017.)
  
  
• In July, France announced it would end sales of gas and diesel cars by 2040.
  
  
• In July, Britain announced it would end sales of gas and diesel cars by 2040.
  
  
• In August, German Chancellor Angela Merkel hinted that her country would follow suit. "I cannot name an exact year yet,” she said, “but the approach is right, because if we quickly invest in more charging infrastructure and technology for electric cars, a general changeover will be structurally possible."
  
  
• This month, the Scottish government announced it would phase out gas and diesel cars by 2032.
  

[cyclone]

Tesla Is 'Structurally Unprofitable,' Chanos Says

By Scarlet Fu , Joe Weisenthal , Julia Chatterley , and Anne Riley Moffat
September 29, 2017, 5:13 AM GMT+8

Tesla Inc., a perennial target of short sellers, is “structurally unprofitable” with a “way too leveraged” capital structure, said famed investor Jim Chanos.

“Three years ago, this company was supposed to be making money now,” Chanos, who’s betting against Tesla shares, said in an interview Thursday on Bloomberg Television. “Now it’s supposed to be making money by 2020. And I’m guessing by 2019, we’ll hear about 2025.”

Chanos, who bet early on energy company Enron Corp.’s failure, said the electric-car maker run by Elon Musk is behind on autonomous driving technology and rushed the Model 3 to market to appease investors. SolarCity Corp., the solar installer Tesla acquired in a controversial deal last year, is about a $1 billion drain to shareholders annually, he said.

More details in https://www.bloomberg.com/news/articles/...hanos-says

[weijian]

I think the successful execution of the model 3 (2017) is key to Tesla future at least for the next 1-2 years timeframe. As with any growth stock investing, its a combination firstly of the leadership and employees of the company whom they have choosen to hire that determines if they will be successful, assuming that the market is ready for the product.

We should not be quick to jump to the conclusion that the major car companies today have what it is to deal properly with the changes. But it looks already like Tesla is on track to seriously disrupt the incumbents. Having capital is not a key advantage today. It takes a combination of deep knowledge in the key process, marketing, and IP. iP for electric vechicles are a completely different animal from ICE cars.

Just to share what my observation. Elon Musk has the ability get very talented people to join Tesla since its founding and over the years. They are not just building electric car but replacing the current mode of transportation, factory as a product, energy consumption and generation. Electric cars work far better than internal combustion engine cars and its just a matter of building out the infrastructure. The stock price will reflect if model 3 is successfully executed in the next couple of months.

It is about ~ 2 months since Model 3 was launched. The jury is still not out yet. Let's see how it goes.

Putting the 'S' In Tesla

Tesla's S-curve is starting to look more like a sheer cliff-face. As an investor, you either relish the challenge or peer over the edge with a smidgen of trepidation.Late on Monday, Tesla Inc. reported production and deliveries for the third quarter. There were two pieces of good news

...............
..............

The bad news concerns the Model 3, Tesla's cheaper vehicle launched in July. Only 260 of these were made in the third quarter, of which 220 were actually delivered.Only in August, the company expressed confidence it could produce more than 1,500 in the quarter (already a big downgrade to earlier targets). Given that 30 were delivered in July, that implied a weekly run rate of at least 170 by the end of September -- and actually more than that, if production was truly following an S-curve, as per Tesla's guidance.

https://www.bloomberg.com/gadfly/article...in-s-curve

[BlueKelah]

I think the successful execution of the model 3 (2017) is key to Tesla future at least for the next 1-2 years timeframe. As with any growth stock investing, its a combination firstly of the leadership and employees of the company whom they have choosen to hire that determines if they will be successful, assuming that the market is ready for the product.

We should not be quick to jump to the conclusion that the major car companies today have what it is to deal properly with the changes. But it looks already like Tesla is on track to seriously disrupt the incumbents. Having capital is not a key advantage today. It takes a combination of deep knowledge in the key process, marketing, and IP. iP for electric vechicles are a completely different animal from ICE cars.

Just to share what my observation. Elon Musk has the ability get very talented people to join Tesla since its founding and over the years. They are not just building electric car but replacing the current mode of transportation, factory as a product, energy consumption and generation. Electric cars work far better than internal combustion engine cars and its just a matter of building out the infrastructure. The stock price will reflect if model 3 is successfully executed in the next couple of months.

It is about ~ 2 months since Model 3 was launched. The jury is still not out yet. Let's see how it goes.

Putting the 'S' In Tesla

Tesla's S-curve is starting to look more like a sheer cliff-face. As an investor, you either relish the challenge or peer over the edge with a smidgen of trepidation.Late on Monday, Tesla Inc. reported production and deliveries for the third quarter. There were two pieces of good news

...............
..............

The bad news concerns the Model 3, Tesla's cheaper vehicle launched in July. Only 260 of these were made in the third quarter, of which 220 were actually delivered.Only in August, the company expressed confidence it could produce more than 1,500 in the quarter (already a big downgrade to earlier targets). Given that 30 were delivered in July, that implied a weekly run rate of at least 170 by the end of September -- and actually more than that, if production was truly following an S-curve, as per Tesla's guidance.

https://www.bloomberg.com/gadfly/article...in-s-curve

seems like they are putting more priority in pumping out Model S and X which are also seeing strong orders in the USA. In the luxury class in US market, Tesla is wiping the floor with BMW/ Breakdown as below...

[In an important demonstration of Tesla's ability to continue growing sales of its higher-priced sedan and SUV even after the Model 3's introduction, combined Model S and X deliveries during the quarter were Tesla's highest yet.


Tesla said after market close on Monday it delivered 26,150 vehicles, up about 18% sequentially and about 5% year over year. Though management hadn't provided any guidance for its third-quarter deliveries, it did previously say it expected combined Model S and X deliveries in the second half of the year to be higher than first-half deliveries of 47,077. So with 26,150 deliveries already in the bag, Tesla now only has to deliver 21,000 vehicles in the fourth quarter to meet its initial guidance.

Tesla delivered 14,065 Model S and 11,865 Model X units. The remaining 220 were Tesla's recently launched Model 3.]
https://www.fool.com/investing/2017/10/0...ion-l.aspx


Comparison of how it is crushing the competition. Its like the iPhone craze in its early days.
https://cleantechnica.com/2017/07/05/tes...-us-sales/

[Vlx]

I@BlueKalah, your table shows Tesla is top selling US Large Luxury car sales and their lead is widening even further with each year. And its what i would expect in many other markets in the world. I expect the model 3 to dominate the same in the mid tier car market once its on full production by end of 2018.

Competitors are afraid and are announcing their own electric vehicles lineup (clearly not yet in production until 2019/2020).

Again the ramp up of model 3 production is crucial to support further growth in the share price. It will be seen in the next 6-9 months how it will be successful. Once production is at full swing in 2018, demand should naturally increase once there are more cars on the road.

[HitandRun]

As a matter of curiosity, I was wondering how many of the Tesla supporters see Tesla achieving profitability? At 200,000 annual production, at 500,000 or ?

[weijian]

Sales up, revenue up, but still losing money: A Tesla story

Tesla CEO Elon Musk has called the company "a drama magnet" compared to SpaceX, The Boring Company, or any of Musk's other endeavors. Since the launch of the Model 3, the $35,000 vehicle in Tesla's battery-electric lineup, that's held true. Now in Q3, the company's financial statement reflects more of that drama, good and bad. Wednesday night, Tesla posted another loss, greater than the one before it, but with revenues and sales hitting record highs at the same time.

According to numbers released today (PDF), Tesla posted a $671 million loss on total revenues of nearly $3 billion in the third quarter of 2017.

Compare that to 2017’s second quarter, where Tesla posted a loss of $401 million after total revenues of $2.7 billion.

In a letter to shareholders, Tesla noted that it received "record net orders" for the Model S and X in Q3—the two automotive products that the company seems to be able to push out with consistency. This earnings call was especially anticipated in advance of the Q3 production numbers that Tesla posted in early October. While results for the Model S and Model X were good—25,930 older model luxury cars were delivered in the quarter, beating the company’s estimates for the quarter—new Model 3 deliveries were startlingly bad. Although the company had promised to deliver 1,500 Model 3s in Q3 2017, it only delivered 266 total. Tesla CEO Elon Musk blamed production bottlenecks, and the Wall Street Journal reported that “major portions” of the Model 3s that had thus-far been delivered were built by hand.

https://arstechnica.com/cars/2017/11/sal...sla-story/

[weijian]

The Tesla Roadster Will Turn the Bugatti into a Wrist Watch

In three years Tesla will be rolling out the fastest production car in the world. And not a "production car" as in, we made ten or so of these so it can be called one. No, a production car that rolls off of an assembly line — though I hope the rate of production is controlled with DeBeers-like style — and that still outperforms any car you can buy at any price.

http://rick.bookstaber.com/2017/11/the-t...gatti.html

[specuvestor]

^^ Just saying let's wait for Model 3 to be mass produced first

[BlueKelah]

^^ Just saying let's wait for Model 3 to be mass produced first

yeah looks like they may not be able to pull it off the way things are going. Apparently some car electronics and chips have a wait of 1 year now for parts to come in. 

Another GFC coming around might just cause Tesla to go into chapter 11, their cash burn is really scary, worse now after absorbing solar city, and not sure if their other models on the market are making any money at all.