TEN Transport Evolved News Episode 485: Biden's War On Chinese EVs, New Kia EV6, Steamboat EV!
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- Опубликовано: 26 июн 2024
- Welcome to today’s show!
On today’s show - The U.S. imposes new tariffs on Chinese-made EVs, Kia’s EV6 gets its refreshed reveal, and a very old steam boat gets an EV conversion!
These stories, and many more on today's show!
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00:00 - Start
00:33 - Welcome!
00:53 - U.S. Federal Government announces increased import tariffs on Chinese-made EVs, European Union considering the same
02:08 - Kia’s refreshed EV6 breaks cover at last
03:06 - Tesla files with the SEC to show the ads it’s been paying for to try and convince shareholders to vote for Elon Musk’s new pay deal
03:56 - Arcimoto appears completely dead as NASDAQ delists and bills remain unpaid
04:51 - Mate Rimac seems to suggest that Rimac may make a gasoline vehicle
05:46 - Elon Musk says Tesla can now spend more than half a billion on Supercharger network this year
06:45 - Mercedes-Benz said to have cancelled next-generation EV platform - MB:EA Large
07:49 - Credit card data suggests that only 2% of Tesla drivers who tried FSD Supervised actually decided to buy it.
08:55 - Ford shares how it prepared its Mustang Mach E Rally for Market
09:47 - There are now 5 Million Solar Panel installations across the U.S.
12:01 - Mercedes-Benz e-Sprinter recall alert
12:21 - BYD launches the SeaLion 07, Prepares for export
12:41 - Former Sondors employee says that the metacycle wasn’t ever road-legal
13:03 - Tesla offers 0.99% financing on Model Y in US until end of May
13:20 - Stellantis, LeapMotor, announce new joint venture
13:36 - Volkswagen seems to suggest ID California might still happen (maybe)
14:00 - Oakland Unified School District becomes the first in the U.S. to have a 100% electric school bus fleet
14:22 - BYD expands its partnership with HuaiHai to launch joint venture for sodium battery manufacturing
14:42 - Chevrolet confirms it’s ending Malibu production make way for new Bolt EUV
14:59 - Vinfast says it’s secured 30,000 pre-orders for VF3 in Vietnamese market
15:22 - FERC announces all U.S. utilities in Lower 48 (minus Texas) must plan grids for 20 years into the future
15:41 - Chevrolet confirms specs of the Silverado EV RST
15:57 - Aptera produces an update video, closes its first funding round
16:15 - Volkswagen seriously considering the ID.1’s production
16:34 - Tesla’s head of cybertruck manufacturing and key AI expert leave the company
16:50 - Porsche Macan EV production starts in Leipzig
17:08 - Volkswagen confirms specs for 2024 ID Buzz in the U.S.
17:28 - Ford cuts its battery orders
17:45 - U.S. EV Registrations fell slightly in Q1 when compared to Q4
18:04 - Vinfast adds Sony entertainment options to the VF8 - rather than tackle more pressing issues
18:20 - Lower-cost Kona Electric gets EPA Rating
18:40 - Average selling price of new EVs dropped in April
19:00 - Zoox autonomous vehicles involved in two eerily similar accidents due to phantom braking
19:22 - Jaguar seems to suggest its first new electric model will be very expensive
19:41 - Lucid appears to trademark “Earth” for a new Ev model
20:00 - BP appears eager to snap up now-abandoned future Supercharger sites
20:20 - BYD sets a new sales record for one week
20:35 - Kia ups cash-on-hood deals for some EV models to $12,000
20:53 - Mullen says it’s raised capital needed to bring Bollinger trucks to market
21:09 - Tevva becomes insolvent
21:28 - Genesis expands the number of dealerships it has, expanding EV availability too
21:43 - Parkopedia, BMW, pair up on EV charging information
22:01 - Zeekr floats on the New York Stock Exchange
22:20 - ABB unveils dual-head charging station capable of up to 400 kW power transfer
22:37 - Rivian confirms R1 range will get RUclips, Google Cast for future update
23:00 - Sponsored Segment: Atmos Financial
24:14 - There are now more than 140 Tesla Cybertrucks for sale in the U.S. (Despite no-sell clauses)
25:32 - A 138 year-old former steamer gets an electric conversion!
26:47 - Thanks, and Goodbye! 
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No CEO or other Human Being needs or deserves a $55 Billion "compensation package"
I would make an exception: Imagine if some guy in the back room at Tesla worked out how to make the cold fusion reactor a real thing and able to power a car. That guy would have contributed enough to get $55 Billion. Compared to that Elon has done nothing.
The compensation package made *some* sense back when Elon was the driving force behind interest in the company. But now, as he has become an increasingly polarizing public figure, and that many of the announcements he made that helped Tesla's popularity have simply not panned out... it seems misplaced for him to be demanding that compensation. Ironically, one of the things that indeered him to some people was his widely publicized refusal of a paycheck... so... yeah, turns out that a billionaire complaining about not getting paid enough isn't a very popular move. Lol.
he has not been paid anything since 2018, would you be willing to work 80 hours a week for 6 years for free?
@@scottmcshannon6821 He hasn't worked 80 hour weeks. You can discover that with just a little research.
Especially as they slash staff due to slow sales. Tighten your own belt Elon
Great news from Aptera!
To be fair, the high performance toys of the super rich are a trivial factor compared to the SUV that the middle class uses to commute to work.
Or the personal jets of the super rich that they use to commute everywhere...or the cruise liners that take people lots of new places and pollute the waters of those new places. There's a whole lot of things we could improve. Our leisure has been very CO²-intensive since the early 1900s.
Subscriptions or charges for installed hardware needs to be illegal.
Awesome thumbnail Erin
Understanding that the news can't always be all good, this is one of your most informative and delivered with hardly taking a breath. The future of EVs is as good as ever in spite of hick ups. Kudos for all you do, I'm sure you're not getting rich.
Even though higher tariffs are trying for Europe and the US, places like Australia that don't have a tarrif as they have ceased manufacturing....can really jump ahead in cheap EV solutions....BYD is already capitalising on this...
Those toys usually end stored and not driven so it's not really bad news
Perhaps this will help stop people from perceiving evs as toys rather than useful tools. But these people won’t be helping develop new ev technology
Aspirational vehicles as a whole have a completely negligible impact on global vehicle emissions. HOWEVER, they have a dramatic impact on the *aspriations* of average drivers. At this point we have a whole generation of young people who have been salivating over images of the Rimacs cars and statistics who desperately want to own a sporty electric car so they can feel connected to that brand. Same exact reason boomers will buy a Porsche-badged vechile no matter how hideous or unlike a 9/11 it is. People want a piece of that aspirational story from their childhood. So when aspirational brands say are shifting back to pistons... that doesn't just impact the emissions of the few dozen people who can afford to own one... that has a dramatic impact on young people and car enthusiasts the world over.
Also the number of hyper cars so low that even if they were daily driven, it wouldn't matter.
@@patreekotime4578 yes, you hit it on the head. This has the potential to change how certain people feel about electric cars. That makes it a problem.
Yay Oakland!!! Way to go Aptera! Boo Vinfast... Oh, I got my 2015 Soul EV back after 3 months in the shop. A new software update which corrects the battery management. I now get 95+ miles at 100% charge. We shall see how it goes from here. Keep Evolving Nikki!!!
Boy you’re proud of a crappie ev that was in the shop for three months. That’s just sad.
@@nordlandak6853 Not so sad... I am proud to be driving an EV! And I can't wait to get an Aptera. That's wats up here in the USA!!!
Awesome, that's a good range!
Nice to see the hosts admit some EVs can be fun to drive. That's really the main way they will win - not everyone is onboard the save the planet bit - even so-called environmentalists - so EVs need to legit win by being better, period. That's what got me hooked, the other stuff was a nice bonus.
My coworker signed up for $99/ month for his M3
I almost upgraded to FSD, but had a horrible experience on my last day of trial where FSD wouldn't engage on a long trip. Had to drive it myself.
Hm
I think in the set up on the Chinese vehicle tariff, the story was pretty even handed. But it was couched in “this is very bad news“
Now I’m not sure that 100% tariff is the way to go to deal with the Chinese product issue. But you need to provide a greater context. Essentially with the Chinese automobile industry is doing is an international version of what Walmart does to small towns when it moves in. It undercut prices until all of the other options go away, and then once that’s true, it can then set whatever prices it wants. I have a friend in Raul Pennsylvania who just related to me how Walmart is the only grocery store within an hour of her house, And vegetables are more than twice as expensive as they are if she were to drive an hour away.
Climate changes, and it seems substantially to be a result of human action, at the same time, Chinese electric vehicles, or even electric vehicles in general, are not going to solve the omissions problems we have. they’re going to help, I think it’s about a third of emissions, but we have to be very careful not to undermine further our own industries, unless we end up not being able to manufacture cars in the United States or the European Union, and then China, politically very much leverage all over the world, and then set the prices for electric vehicles to whatever they want without other countries being able to stop it.
If these Chinese companies are prepared to create subsidiaries in Europe and the United States and any other country that cares, in a long term that is a much better result.
While this channel may perceive it as protecting a capitalist system and large US corporations who are slow to react to the issue of climate change, we have to remain aware that the Chinese governmental system is currently stands is only as good as the current leader. if the current president of China were to die and somebody came into power, and the United States in Europe were completely dependent on products, I have no doubt that there is the possibility that everyone in the world might be subject to the kind of surveillance and potential oppression as Chinesecitizens experience now.
Tariffs protect USA workers & corporate, look beyond just getting cheap stuff. Chinese companies under pay & mistreat workers. We are trying to avoid a race to the bottom.
Tariffs protect USA workers & corporate, look beyond just getting cheap stuff. Chinese companies under pay & mistreat workers. We are trying to avoid a race to the bottom.
That logic from Rimac does not make sense, I mean combustion engines are super common so would't that mean moving to hydrogen instead?
Maybe it is going to be a rebadged Bugatti.
They are following the logic of the rich people who buy their products. You know, the same people who every day make utterly illogical decisions on the stock market. The spooked horses club just got spooked again.
Thanks for the updates.
Re: govt subsidies. All administrations step back from ideology and increase subsidies for their own EV manufacturers. Western industry is slow to change direction while it is still making profits from the old business model. Sometimes the market needs a temporary distortion to achieve a common good ie: a rapid transition to cleaner transport.
Great channel.
Maybe they should make a convertible Bolt and call it the Malibu
The Bolt has lots of potential. Call the convertible the Bolt convertible. Maybe also as an inexpensive sports car.
Bolt 'Topless'
Nut. I would like more of a t-top type format
@@midnight4109 True, but I was being a bit silly, after all I believe Nikki said the Malibu is being retired to make room for the next Bolt, but why retire it when you can use the name?
The latest Tariffs are going to kill the solar installation trend, we do not have many solar manufacturers in the USA that can produce inexpensive solar panels in volume, bad decision white house, this will cause a significant reduction of solar installations.
It's a very challenging balancing act between domestic job opportunities (remember all the solar manufacturing that got shut down once cheap imported panels flooded the market?) and jump-starting installations. Given where we are in the election cycle this decision isn't too surprising.
@@stevewausa what effect does the election cycle have? Lay out all your opinions .
Sad, but cheap stuff is not worth being a China territory
The way that Kia built the EV6, I doubt that the 84kWh battery will add much to potential range. More likely, is that the increase will be aimed at an increase in acceleration and perhaps a flatter charging curve.
Thanks!
Great job as always.
Talked to Soboba Tribal Environmental Department today, They said they have never heard of TEN or any of the GRANTS or incentives. Wonder if this is true of all Indian Country?
A cybertruck parked in front of the JC Penny, you don't see that everyday. Too bad about Arcimoto, I saw one on the road around here a few years ago.
Hi Nikki, been a few years since I unsubscribed, about 3... taken up with political news in EU and Rossiya.. and made it to 76 in reasonably good health... re subbed as I have grown my shares in BYDD, NIO and TSLA and it's hard to find good firm news. Hope all is going well with you and your family. Cheers DC...
PS Putting on my Futurologist Hat: I believe you will manage to 71 in better shape than many in the USA...
Nikki, interesting choice going for comma ai. Do you have experience with it? If Ford's or Tesla's nagging is mandated by regulation(s) and say comma does not have nagging features, how is that legal?
They have Comma in their Chevy Bolt and installed it in Kate's Kona too, AFAIR. There are several videos on the subject on the channel.
Love these fingerprint readers. Hope they are better than phones. I work as a engineer and some times I get cuts then phone won’t work.😂
Thanks
Nicky you look great. Whatever you're doing its working.
Where is the evidence of Chinese subsidies?
It's kinda irrelevant given the pretty big subsidies in the IRA.
This is just old fashioned protectionism. It sucks for transitioning to EVs but if the US wants to have an EV and clean energy industry in the future, this is their only shot.
@@michaelrch The forcing of a Green World market will do what?
Open your eyes. The evidence is so overwhelming, it reminds me of the saying, " You can lead a horse to water, but you can't make it drink." The evidence is very clear--so you are either blind or just refuse to look at the evidence and the truth that China is dumping super cheap EVs on the world market? That's lazy.
@@mikewallace8087 What do you mean by green world market?
@@garydmercer you say that China is producing cheap electric vehicles, as if it's a bad thing!
I wonder if we will get to the new solar level with Chinese Panels being taxed out of price in the US? Sigh.
Sad, but cheap stuff is not worth being a China territory
I'm curious if when people paid for the FSD hardware if they were told that to use it they would need a subscription. I had just assumed that if you paid for FSD that you would get that functionality when the feature was functional.
Every Tesla car on sale for the past ~5 years comes "for free" with the FSD hardware necessary to allow FSD to work. The data collected from the cameras while driving (manually or otherwise), sifted through locally for unusual scenarios, and then occasionally uploaded to the Tesla training servers, is probably worth Tesla subsidising the (relatively low) hardware cost even before we consider its usefulness for manual driving (rear camera and side camera views) and parking (free dashcam and enhanced security alarm now with video notifications).
Those who are paying $99/month or who get the free month trial are exactly the people who did not purchase the additional FSD option package at point of sale or afterwards. If you already paid in full for the FSD option, then in North America you can enable or disable FSD Supervised at any time, at no additional cost.
Similarly, in the rest of the world, those of us who have already paid for the FSD option, will be able to enable it for free once it is available here. For now, we're stuck with a far more restricted version mainly due to regulations that sound like they were drafted last century and are due for a shake up.
Rimac is owned by VW. You may think that may have some influence to Rimac "leader" outcome.
Cheering the 100percent tax on Chinese made cars while spending at last 5 year calling for affordable EVs. Killing any chace of the smaller cars getting to US market before 2026
Used Bolts are pretty affordable.
And tariffs push foreign companies to invest in U.S. factories resulting in U.S. Jobs!
@@rossr6616 yes and that delays production , not faulting the policy either way pointing out the hypocrisy. As to bolts never buying GM ever again because EV1
Sad, but cheap stuff is not worth being a China territory
The KIA EV6 might be my next car. It is a little larger than what I want and has a lot of "features" I don't want buy end up paying for but it seems to be the least bad fit for the car I want.
i have yet to see any chinese cars exported at low cost. they are expensive everywhere but in china.
Look at Australia and SE Asia. The cheapest rental cars in Australia are BYD and MG.
as many automakers still mainly build suv/crossovers at least an option like the new mach-e looks interesting
It is technically a crossover. Although it is not much bigger than a Subaru Outback, I guess that car is also now a crossover.
Hi Nikki, two questions: do we know if anything is happening with EV chargers at Whole Foods stores? We recently visited two: one in Lynnfield, MA and another in Columbia, MD and where we had previously been able to charge at both, their EV chargers had been taken out.
Also is Kate still working on the conversion of her Morris-Minor?
Thanks!
Outpost Foods removed theirs too. Insurance costs were the deciding factor being too close to the Store building .
@@mikewallace8087 Because EVs "always blow up"??
@@jamesvandamme7786 No not always but the insurance companies have evaluated that risk.
@@jamesvandamme7786 Warning : you must be careful here as to what you say. I was accused/warned of cyberbullying here by Utube .
We stopped going to Whole Foods because, one by one, they stopped selling the very items we went there for. Why would a charging service be any different?
Sadly, Aptera will probably end up like Arcimoto in near future :(
Being on the Vinfast!
For $55 bill, the ceo should only run one company. Conflict of interest?😮
Another great episode thank you all!
Steamship of Theseus? 🤣
I guess that makes me one of the 50. In general I have FSD on more than it is off. I know the areas and types of interchanges where it has problems and take over when I don't want to cause problems. $100 / month is on the edge of its value. Unless I am in a hurry I now get in the car, set my destination and let it drive. I mean FFS, it will navigate down an unmarked gravel road until it gets to a road it knows. What other tech does that. The problem is with expectations. Once I realized it reliably can't do FSD now I lowered my expectation and I am very happy with what it can do. It drove me on a 500 mile round trip with minimal interventions.
Please explain why your expectations are NOT based on the statements of the man who sold you on Full Self-Driving
@@bannor99 Do you always base your expectations of a product based upon advertising or what a CEO of the company says? I don't. Every single company lies about the capability of their product. I used FSD everyday for 30 days of the free trial. I learned what it can and can't do. There is sooo much of what it can do and I fully expect them to fix what it can't do that I was willing to spend the $100/month to keep using it. $200 was a no go but $100 was just cheap enough for my buy in. Would rather have it at $50 though. If the nags go away in the next update then it will be well worth the price, even with the limitations.
@@atw9913 If you can't trust what the CEO says, you're a fool to put your faith in the product.
Find me an example of ANY other CEO of a publicly traded automaker making the kinds of claims that Elon has
@@bannor99 LMFAO, not sure how you can even write that with a straight face. How many Automaker CEO's have said they were all in on EV's only to pull that back. What about Toyota and their "LMFAO" Solid state batteries that were to be in their EV's by 2021? Every single automaker CEO has flat out lied. Every other automakers self driving tech is an absolute joke requiring fully mapped roads requiring frequent updates and costly add-on packages to enable its use and even then does not work. Mercedes self driving requires ANOTHER car to drive in front of it and when CR or whoever it was did their testing it followed the TESLA but they made the Tesla slow down because the Mercedes could not keep pace. If you don't actually drive a Tesla with FSD I am not sure how you can even comment on any of this.
@@atw9913 I'm speaking specifically about the claims made by a CEO or senior exec of a product or package available for sale.
I don't buy anything based on what any company of any kind claims will be available in the near future - I've been around too long to fall for that nonsense.
Get back to me when Elon says Tesla will fully indemnify FSD.
Based on Elon's prior statements that was expected by 2019 so will that be by Xmas of this year?
Or by 2030?
Thank you.
Self driving would be great but at 8000 for something you can’t transfer from car to car you have got to be joking 😂
Poor musk
Maybe if this next presidential election goes well, we'll see an increased level of commitment from EV makers
14:00 @transportevolved It would be great to see a follow-up report on this Zum project say next Fall.
Search, "PR Newswire Zum Launches Nation's First School District with 100%" for full story.
Am just saying how many times in the past has the Americans subsidized or bailout American car companies......
In a way you could say it has been done every year since at least the 1950s. Taxes paid for the roads they6 drive on.
Hey,hallo!
10:01 how many times have i seen that house in videos like this?
26:47 a donut? where the hell did that come from?
yes, i know what JFK said all those decades ago, but what does that have to do with this converted ship?
20:20 no, really don’t trust BP…
❤Arcimoto❤
😭😭😭😭😭
FSD has from the beginning been intended to make robotaxis and their lucrative potential possible. Tesla has tried to sell the system to private owners only to offset their development costs. Most car owners are not enthused about the novelty feature.
Love the channel!
Would you clarify the price on the Vinfast VF3? For the VF8, is the issue "road manners" or "road banners"?
We’ve heard many people having issues with the VF8 steering and adas
The VF3 price is under the equivalent of $10k in its home market
8:00 I am a bit shocked that in one month's time, only 3,500 Tesla owners gave FSD a go and then only 2% thought is was worthwhile to purchase. I would LOVE to interview/survey the 3,430 that didn't bite and ask them why. Mostly a value issue?
That's because it's not true , the sample size yip had was 3500 that's not the number of trails and the 50 is the number of those that signed up with that credit card for the service without any gap in operation. Or in other words it's a meaningless number release for headline, this doesn't mean it was more than 2 percent or less it means the number of penguins hatch this year doesn't mean you know the migration route of swallows this year.
some just don't like paying subscriptions for items they already own*
@@rossr6616 hardware does not mean you own the software unless you pay for it , a issue every coder has when trying to get paid.
@@alanrickett2537 How are they paying for it then? Magic beans or wheel barrows full of nickles?
@@patreekotime4578 no saying they are paying for it but they could be using a different credit card, a debt card , a direct debt a standing order or they could have used the same card but waited till the weekend finished before paying
Doe anyone know where I can get my deposit back?
15:30 Con-tig-u-ess 👍
What?!
@@transportevolved I believe they're trying to correct your pronunciation of the word, contiguous.
@@curtismmichaelsAmericans correcting Brits on their pronunciation of the English language will never not be unintentionally funny. Even funnier is when they don't even get the American pronunciation right, as it should be: Con-tig-yu-us.
Yep, that stood out a mile Nikki!
People that don't speak British?
I’m tempted to buy Tesla shares just to vote “no”
I know, right?
Go Bolinger! Here’s hoping their sensibilities result in a retail consumer vehicle we can all get!
I wouldn't trust BP with a ham sandwich.
Why?
@@brunoheggli2888 Check their history for reasons
@@brunoheggli2888 They have a bad habit of using token ham sandwiches in PR campaigns to make themselves look more hammy, while not actually implementing ham or cheese widely across their global storefronts.
@@patreekotime4578So they arent nice?
Of course they lobby & influence gov.
BP has been involved in several criminal cases, including the 2010 Deepwater Horizon disaster, which caused the largest environmental disaster in US history. In 2012, BP pleaded guilty to 11 counts of manslaughter, two misdemeanors, and a felony of lying to Congress for its role in the disaster.
OH no a WEF sponsored channel.
ICE car are really turn I to mechanical watches is it?
Musk could have saved Tesla a lot of headache, and market value, if he had been a little less impulsive, downsized instead of firing the team, and announced the half billion investment as part of one release.
As it is, Tesla appears disorganized and at the whims of an ill-tempered CEO.
Musk partly fixed a problem he created. I think Tesla would be better without him.
Volkswagen announces to ramp up Hybrid production and reduce EV production . I like that.
Hybrids are just an ICE car that carries around a bunch of batteries. Studies have shown that people don't charge them and that the fuel use in real world is not much below that of a purely ICE car that was designed for good fuel economy.
@@kensmith5694 Sure , The system is E.P.A. approved . The battery doesn't have to be charged because of braking regeneration . They are HEV . PHEV are the ones you cite and they must be recharged . You are disingenuous . Jesus , Ken you work on radios and say those things.
@@mikewallace8087 You seem to have missed the point of my comment. On a hybrid, you are carrying around a bunch of extra weight. When the fuel consumption in the real world is looked at, a hybrid saves almost no energy. What you gain from regeneration on braking is mostly eaten up by the extra energy needed to get to highway speeds. On the freeway, the EV is just extra weight you are carrying with you. It is not what is moving the car. Thus for those who drive on the highway, the electric part does basically nothing useful.
@@kensmith5694 Search this: How much gas does a Toyota HEV save? I suggest you call and convince them and the E.P.A. that their claims of fuel saving is grossly overstated.
@@kensmith5694 HEV cars save the owner $2,000 in annual fuel/ gasoline costs. You say that Toyota designed and made a nothing burger and people have been buying nothing burgers for over 20 years. I can't say what I want to because , you know.
Your outro outreach is always really cool. A small word of encouragement can help people through dark days.
Also the rest of the video is cool too, thanks for the clear informative reviews and news.
Tesla oughta fire Elon and let him play with his rockets and robots, and let someone who knows how to build, repair, and sell cars without political baggage run the show. Or merge with Ford.
I agree. He’s certainly one of the main things keeping me from buying a Tesla. I’m not investing in Tesla so the robotaxi is of no interest to me and I’m fine using Uber and having a conversation with someone who is making some money. Right now I just want to buy an EV SUV, so I’d like to see Tesla concentrate on making what they have better and making more affordable EV’s. After he fired the supercharger group I lost any confidence in him I might have had. I heard he’s rehiring which indicates it was not part of some kind of genius plan that the Musk apologists thought it was. He’s promoted some very vile stuff on is extwitter platform that would lead one to question his sanity.
For a while now it's been apparent that to move forward and grow that Tesla needs a real auto exec. Otherwise it will remain a small niche player like Lotus. They have already reached their saturation point for their sedans/hatchbacks, which it's what is wanted in the U.S.
The Ford rallycross course looks no more difficult than the average Australian dirt road.
Great video, other than repeating that clickbaity Yipit story, ridiculous sample size on over 2 million NA vehicles, and zero trasparency on data.
👍
Great video! I don’t know what person is complaining about you guys asking for donations.
Many, many people. They complain we’re wasteful/don’t use our money wisely. We operate very leanly, and barely stay on the positive side of cash flow!
I can only assume this a missinfo/Russian bots looking to cause trouble and pain. Ask for the value you guys are worth !
I think you buried the lede on Ford's battery cancelation. They didn't just lose considerable money. But the losses were reported all kinds of sideways, with Bloomberg giving a stupidly rounded number of "more than $100,000" loss per vehicle, tons of outlets repeating a seemingly wrong number of $132,000 loss per vehicle which assumed 10,000 vehicle sold when they actually sold 20,233. Even if it's only $64,251 (the -$1.3B was a coarse figure), it's substantially worse than 2023 losses of $40,525 of last year and moving in the wrong direction. Large battery EVs are less profitable than small battery ones, if you can sell both. EV pickups appear to be less profitable than EV sedans, because the battery is the largest variable cost, and bricks on wheels abuse battery use with poor efficiency. They could have assumed pickups would be used for local farm hauling as originally intended when Ford and Chevy pioneered them, but instead they cater to boys towing toys to far away destinations every weekend. GM appears to have gotten this the most wrong, choosing 200+ kWh slugs of e. But Cybertruck surely intended to do the same, thus missing all their design brief promises at launch with their puny 124 kWh battery.
Ford, GM, Rivian, and now Stelantis and Tesla, presumed slashed battery prices back when they announced their upcoming pickups/SUVs with large batteries and reasonable prices. They trusted that Elon was right, that Tony Seba and Adam Dorr weren't full of crap, and battery prices would follow Moore's law or Wright's law. But battery resources are scare, even if it's just mining and refining bottlenecks and battery supply is pinched via battery plants. Sprint to build batteries like a renegade and you end up with battery fires, massive recalls, maybe kill your brand. This is what is keeping EV prices high, not failure to know how to build an EV as Tesla fans have always protested. Ford, having only built a truck and an SUV with a large packs is nowhere close to profitable. Are there figures for the Mach-e 70kWh vs. 91 and 99 kWh pack take rates?
Elon's pivoting to AI and robotics, because he doesn't see any future in competing with others to build EVs. I've personally never believed Tesla was profitable, assuming among all the other lies from that company's lead, that they are performing creative accounting to bury their losses and declare profitability. We all saw them pull that BS of valuing their least cars as appreciating assets because they would become their own Robotaxis. That should worry everyone that this was never a profitable business. Not that it's impossible to build EVs or that there is no such thing as a profitable EV. But while they compete with ICE and hybrids, there's maybe no foreseeable profitable full sized EV on the horizon and the quants all told them this.
I will vote NO on both of Tesla’s shareholder proposals.
Yes, both look bad for everyone but Elon. The money that goes to Elon could instead be used to fix all the issues with the Cyber Truck and/or the Semi. Or it could go towards developing a lower cost EV.
Moving to TX because you are being forced to obey the law seems about typical for companies that are about to be in a lot of trouble.
But how else will he parachute out of the company he is actively destroying???
It was so depressing seeing Elon lay off all those hardworking staff and then help himself to billions :(
I appreciate your journalistic integrity, which is why I’m a Patreon supporter.
❤
Quality information fluent pronunciation ana splash humor great job👍👍👍
go Elon!
Walk out the door?
@@transportevolved I dont get it
A lot of bad news. More and more every week...
I am not a young person. I can't remember any time when "news" was mostly "bad news". Even when men were walking on the moon, most of the news program was bad news.
U.S. economically coupled with that Nation . Will the comeuppance harm the global economy .
It's such "fun" to see rich people arguing they deserve more when their businesses do poorly and they have to lay off large numbers of the people who actually contribute to what success they had.
I know your not a doughnut. But what am I?
I personally don't have too much of a problem with tariffs on Chinese companies. I just can't stand the idea of giving even MORE support to that government. Its just a bad actor all around, and we need to be trying to rid ourselves of any sort of dependence on it.
At 19:30 Nice joke!
The Chinese EVs sold in China have often horrible build quality. If the EVs China is attempting to sell outside China are built to the same standards, China should be more worried about an outright ban for public safety reasons. There is nothing affordable about EVs that quit working 300 miles out of the dealership, spontaneously combust while on a vehicle carrier, randomly lose wheels or whole axles, randomly lose brakes, etc.
I'm not surprised at all that many car manufacturers are backing off on full-BEVs. Fast-charging infrastructure is not growing fast enough and not reliable enough for normal people to feel confident about EVs with less than 300mi of range or driving entirely on battery power and be left with a scrapyard brick when the battery eventually dies on their primary/only vehicle. At the same time, battery tech to enable said range isn't getting cheaper nor lighter fast enough to make EVs economically viable yet. While SSBs may potentially change that, right now they are 5-10X as expensive per kWh.
We're 3-5 years away from EVs being truly ready for the mainstream.
Actually there are great quality Chinese EVs. Polestar is one example
There build quality is quite good actually, they learned that by coping the Western companies that they partnered with.
@@transportevolved
We just got a BYD Seal. Luxury🤗 with over 250miles of range. Next week we get 13.2kw solar panels.
Now just need to save for a charger.
I’ve found the ev church of optimistic fantasy. 😂😂
Would you care to give us some more in depth reasoning?
@@transportevolved certainly you believe that ev will save the planet. Sorry not going to even move the needle. Plus you think it’s ok to have others pay for your vehicle. And are ok with authoritarianism forcing adoption.
We're open to discussion. Electric vehicles can be a benefit to many different groups - because electrification ≠ only electric cars. e-bikes are a great way of helping people get fit. electric buses and trains burn far less CO², have a longer lifespan and lower maintenance costs. Add trolleybus infrastructure to reduce reliance on batteries. Renewable energy and V2G makes things even better.
@@transportevolved how much is the planets atmosphere co2? How much is man made?
@@nordlandak6853 Why don't you look up the answers to your own question. Too much of nearly anything is a problem. There is too much CO2 and about a 1/3rd of it was put there my mankind.
Welp, I'm out. "Cheese grater" indeed. Channel blocked.
Cheese graters can be great. We’ve used and owned plenty of cheese grater Macs
TE I would never expect you to resort to Trumpian derogotory name calling.
Garbage over compensated person ($55B?? are you F'ing kidding me?) moves head office to garbage state that is screwing individual freedom and its low wage workers. How on brand.