Tesla Q1: 1 Thing No One Is Saying / GM's "Year of Execution" (Lol) / Tesla's HW Situation ⚡️
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- Опубликовано: 13 май 2024
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Tesla Inventory: tesla-info.com/blog/inventory...
Farzad/Douma/Hans: • Tesla BREAKTHROUGH: Ja...
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00:00 - Trainwreck
10:46 - EPA Ruling
11:44 - Tesla Ad Spend
12:27 - Tesla Production
12:43 - Tesla Price Hike
12:50 - UAW
13:07 - Referrals
13:25 - Giga Austin
13:59 - Weaponized
14:33 - GM Sales
15:18 - Tesla's HW Situation
16:49 - Rivian Q1
17:07 - US Autonomy Laws
17:47 - M3L
18:11 - EU BESS
18:55 - CT Structural
19:05 - TSLA Stock Today
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I think many are underestimating how difficult it's going to be for Tesla to change sales over globally for the Model Y refresh...worth it in the end for sure but avoiding the Osborne effect and not having lines down simultaneously...going to be a wild tetris problem getting those pieces right lol
Model 2 will be 10 times worse. So that means they’ll only make minor changes which is what legacy auto does today. Exactly what supporters hate. They need to rotate one line always being down and used for new experimental things. And rotate it around all their factories so one line is always being upgraded.
Food for thought. Last year Elon went and partied with the Saudi's, Wall St has been trumpeting Tesla is worth near $100. The SP hasn't fallen below $160 so far and has been bought up recently to support it's current SP when so many WS types are bearish. LOL outfoxed by Elon.
Who knows on the new Model 2 lines. We will have rollout in Texas, then Mexico, Shanghai, Berlin. and Model 2 may have severalproducts. So we can see maybe a car first then a van, for example @edsta714
I disagree. If 'FSD' is as near and powerful as projected, virtually all Tesla, new and used, will become ersatz 'robotaxi' component members, returned-to-company cars in effect, doubtless to produce more revenue than ever before.
Elon isn’t present.
Dropped $1k into TSLA today while my MYP drove me home on v12. 😎
I was starting to give up on fsd, but 12 is amazing
If it's a "trainwreck" why did it only go down 8 bucks? I'd expect more from such dramatic language.
@@taylorc2542 because its the stock that's the biggest loser this year.
I too purchased more TSLA after driving 12.3.3 for a couple of hours. Next level.
Wow! $1,000 😂
Tesla should offer a discount on their car insurance to policy holders that subscribe to FSD.
This would increase FSD and Tesla Insurance adoption while making the cost of FSD more reasonable.
Especially if their thesis is that FSD reduces crashes. (They claim that of Autopilot anyway.)
If I recall correctly, it does reduce the insurance premium if you use FSD more regularly
Why the heck would Tesla do that,? I have my doubts about how long Tesla will be on the self insurance train.
Even free insurance wouldn't make fsd reasonably priced.
That's a great idea. But it can't force you to engage fsd can it?
I m in British Columbia Canada and I got the FSD update a few days ago! Awesome
Will you pay $12k USD ?
oh wow i thought the free fsd trial was only in the US
@@whowhy9023not relevant.
The Data is.
It's a selfish act.
They're no longer compute constrained.
The Model 3 losing the tax credit is also hurting sales.
In China?
@@krakken- in usa months ago
ALSO: at 3:55 I said "better than it was in Q1" when I meant to say "better than it was earlier in Q1" - apologies
Thank you.
Regarding FSD being too slow or too cautious for some, I think it is probably a good thing to err on the side of safety in this early stage of the wide release.
Thank you FUD for giving us the opportunity to stock up again! 😁
Thank Elon for his extreme marketing incompetence that gave you this opportunity.
Don’t worry the stock will soon be much cheaper. Elon is “advertising” on X & RUclips.
We need more FUD
@@Ballistixwear It's the end of the world!
@@Ballistixwear Since its shares started trading publicly, shorts have suffered a net loss of $61.8 billion, according to S3. That is the trap chap.
@@SkyRiver1 😂😂 haha that’s pretty funny lol. “Chap” 🤣 ok but lately my feeling is getting hurt by TSLA 😩
Your chap comment actually made me laugh out loud for real! Ok I’ll hodl.
Load up boys!!!👍🏾
Appreciate your great summaries and observations! Cheers from New Orleans
Come to Duluth GA and drive around for an hour. We are the the Tesla headquarters of the Southeast. My son goes to debate school with mostly kids whose parents are from India. 50% of them drive Model Ys.
Most if not all of the Indians that come over here are among the brightest people around, so that's not surprising. Besides they are insanely cheap people and know a bargain when they see it. This is probably why Modi is hesitant to let Tesla into India, he knows Tesla will take over.
I think Elon's got to hold some blame; I've heard from many people the thought of supporting his companies gives them a bad taste in their mouth. One went with Bolt and the other is holding onto their Tiguan and reserved a Fisker Ocean, against my advise.
He needs to stop being so thin skinned and political. Turns off a lot of buyers.
@@Lduke32 there are many CEOs who in real life are jerks and it doesn't impact their sales much....Mary Barra has deceived the public more than once. But Elon has made himself the face of the company, and he should keep his opinions to himself especially where he's risking offending half the adult population (politics) or an important religious group or he's in a big lawsuit to defend a $55 billion pay package. That is in fact perceived as ignorant, bigoted, and selfish by a lot of people.
Only an fool would buy a Bolt because they don't like Elon. The Bolt is junk. Elon is changing the world for the better. Does he particularly dislike the part where Neuralink allowed a quadriplegic to play on a computer by telepathy or was it getting rid of the government policy of silencing political opponents on Twitter that really pushed him over the edge?
But most companies are the same most CEOs are vocal with their opinions.
Look a bill gates.
Sometimes the truth just hurts other times has been known to leave a bad taste in a already tainted mouth…
What I want to know is this. In December, BYD slightly beat Tesla's pure EV sales and the headlines screamed that "BYD beats Tesla". In Q1 of 2024 Tesla trounced BYD's Q1 for EV sales, where are those headlines?? Instead we got a slight dip from Q1 2023 and it is all "The sky is falling! The sky is falling!". TSLA drops 5%.
byd ev sales are mainly in china, so Q1 is always bad because of chinese new year. tesla is not just in china, so it should beat byd in Q1. Also, there are several new EVs being released in china now, all of them are priced below model3 but offer better interior and performance so tesla’s future in china is in question.
We bought FSD with our 2020 model Y. It drives over 90% of our rides. Worth the $130/mo in our payment. 12.3 is much more comfortable. I do not understand the many complaints about the nag. I get a nag every month or two. Occasionally when not wearing dark glasses I get 3 in a long drive. I have gotten good at keeping the tension on the steering wheel to the point I barely notice it.
I am presently considering giving up my cybertruck res and getting a model 3L. So I was thinking if I would use FSD. If I commuted I would get it, but I don't. Maybe I would rent it for a month if I was on an extended road trip for some reason. I would definitely use it in foreign countries, like in a rental in Europe. If I was drunk I would definitely use it, but I don't drink. . . sleepy, that would be a good use instead of nodding off at the wheel, but then if you fall asleep or pass out drunk, it pulls over right? I mean it wouldn't drive you home -- or would it?
@@SkyRiver1 no. It still needs to be supervised.
@@SkyRiver1 It would nag you to nag it and if you didn't nag it would pull over.
You would also get a naughty mark. After several naughty marks you would lose FSD privileges.
5 to 10 years from now, TESLA will be running smoothly. The charging network will have expanded quite significantly. Battery technology will have advanced to the point where charge times will be cut by half. FSD will be common and accepted by the general public. The TESLA Bot will be common place on the TESLA manufacturing line and for other companies. And, the solar and battery storage segament of the business will be a huge. Be patient. . .
With production significantly higher than deliveries, it looks like they may have completed the unwinding of the end-of-quarter pushing that they've been working on. They knew this was going to be a bad quarter, so why not let deliveries shift to Q2?
They will have these vehicles available in Q2. Only question is how that sells and will Shanghai increase hours in Q2 or wait.
@@tireddad6541 Really, there are lots of questions. Q1 had some one-off situations, but we're also seeing a big step up in the competition and increasing EV resistance in the US.
One-off issues are the Model 3 switchover for North America and the related lack of a Model 3 Performance. In the US, they also lost the tax credit on the Model 3 as they've directed all the domestic batteries to the Model Y to ensure that it gets the credit.
In general, Tesla is no longer supply constrained, so they need to get serious about advertising. And not just online; try TV ads during sports games. They also should be storing some inventory at every showroom, so people can test drive and leave with a car the same day.
I like the transparency with the delivery reports. We love them when it’s good news but hate them when it’s bad news.
My brother works in the GM plant that makes the electric Hummer. He said sometimes the batteries catch fire while they’re on the assembly line! He also said the local fire department told GM that they needed to change something because they are going to stop responding to the fires because GM is using up their resources.
Its the Ultium battery technology
Yes, and my doctor is going to stop working on me because I am getting old and have more problems. As far as fires are concerned, get a blanket.
🤯
Fire resources are not for fires.
Perfectly fits the new reverse narrative in the USA.
Bullshit! News sources bro?!
Excellent reporting - very honest. - Thanks
Great job! Enjoy the content. Thank you for staying on topic. And not talking about extremely controversial topics.
I agree with all said, thanks Dillon!
Route 15 sign is not a speed limit sign for 15mph. Also a Trucks Speed 40 sign should not to be recognized by a Model 3 - a car. I know it’ll be hard for you to reproduce it. I live near Route 15 and I’m constantly correcting the set speed after it sees a “To 15” route sign. I have no way to inform Tesla of this real issue. I have FSD v12.3.3.
It's the US signage philosophy. Over here (where we follow the UN Vienna conventions for signage and for traffic rules in general), confusing those signs would be much harder because we put a large value on signs being easily recognizable in a very short time. Thus, for example, speed signs look very different from routing signs. A sign limiting speed for trucks is a speed limiting sign directly above a sign showing a sideways drawing of a truck - easy to recognize, no need to read any text except the number for the speed. I fully expect this to work just fine for FSD as well.
@@KaiHenningsenI hope FSD really learns the US signs soon. This is freaking annoying. Your right, European signs seem better designed. I think US signs hale from much longer ago. They’re old fashoned. Nevertheless, I do think that there is sufficient difference between a Route sign and a Speed Limit sign. As to the Truck speed sign, not so much.
I thought i seen people on fsd reach up and do a snapshot that flagged that intervention so it could be sent to Tesla and analyzed?
Brian White of Futuraza was on point with his production prediction. Would be on top if he was included.
yeah brian is awesome - was mainly focusing on deliveries today
@@DillonLoomis22 No criticism intended, just wanted to shout out Brian!
Wow, the FUD is strong in the 1Q24 numbers... it is a bad time to sell and a great time for DCA. I'll buy all the shares I can afford. The fundamentals have not changed. Short term 3-9 months may look bleak. Patience my friends...❤
My thoughts exactly.
YES I hope the stock price craters below 100 =D , ride way down and then buy up xD , my puts are making me millionaire
I live in Quebec, Canada, actually near Quebec city and got the update and the 1 free month beginning on april 1rst !
Sooooooooo amazing !!! I own a 2020 model 3 made in Fremont...!
One thing that I don't think is discussed enough is the impact on vehicle sales of current interest rates on car loans. Loan rates are higher now than they've been in a very, very long time.
good comments on FSD. I had the same experience.
Hey Dillon, you have the Cyber Truck in your opening picture. Very Nice!!!
Downloading 2024.3.10 right now. That’s pretty exciting!! 😎👍
I wonder if anyone else has noticed that the auto wipers actually work while on fsd 12.3! I live in PA, not a hotbed of Tesla data, and it drives so good!!
Holy cow man!! How fast do you drive? I think the car gets off the line just fine. It’s all a matter of perception. 😁
Thanks!
In Germany some don’t buy model 3s because it just goes 200kmh now. And that’s fast compared do the competition
Red Sea disruptions only cause a temporary problem. It forces ships to re-route and that always creates a scheduling mess, initially, due to the longer route. But once schedules are updating and humming again the problem disappears. In otherwords, red sea disruptions have less and less of an effect on world shipping over time.
Give it time grasshopper..say what you may…it’s a marathon, not a sprint. 😊
Did you go into settings and click AGRESSIVE? That is not the default setting for FSD.
FWIW, HW3 vs 4 is not the only hardware hangup. Legacy S/X vehicles also have a lot of older, less capable versions of things including the steering system. Slower, heavier steering response with a max turn angle that's not as tight is holding back these cars, which are already at a disadvantage due to being physically larger and having a longer wheel base that is more likely to clip curbs. They CAN be taught to drive, but they have to be taught separate due to these less capable older systems.
I love V12 from my free month trial, but $12,000 for a benefit that ends when you sell your car is too much. Either allow it to be sold with the vehicle or transferred to your next Tesla. (Preferably the latter.)
I am so DONE with Elon’s involvement with social issues. My friends are saying things like “I’ll NEVER put a dime in Musk pocket.” Sold ALL my $TSLA on Monday after accumulating over many years. I still believe in the Tesla engineering and business goals. I’ll be back in 2025.
Great idea; sell low, buy high. Genius.
Only low-IQ individuals make idiotic presumptions like this. I profited greatly.
all people need to do is look at the dealerships any where-the parking lots are jam packed-practically Auto Market is shrinking. Many dealerships are offering 1.5 or 2% interest rate-desperate times! Meanwhile, GM Blazer started production in the 4th Quarter of 2023 and sold 600 in the first Quarter of 2024.
Historically autos is cyclical market. This is the cycle
Thanks, Dillon. Great analysis. We're going to find out how much the sabotage in Germany cost in the financials for q1.
The German government has been during on the fence re Tesla and if they don't wake up, Tesla may choose to build a factory in another EU country for the $25K vehicle.
But I think the German legacy auto manufacturers are still a huge opportunity for Tesla licensing, in manufacturing tech and software.
Think the people behind the ecology terrorist wake up having cut into their own meat as we say. Definitely suspect German automotive involved because their EV are not selling to expectation and most paid by advertising of automotive fake news papers are asking for prolong ICE production, tell people transition killed the industry due to POLITICIANS asking for and now they blame them. But the arrogant leaders like with Toyota did not wanted to see the change and even wanted no better ICE engine neither. But now the same liars that faked Diesel’s deadly vapors into healthy fresh air are telling that we need technical openness to get money for the next scam e-Fuels or Hydrogen to waste 10 times the energy used for fossile fuels. 40 years they promised the 2-LITRES-CAR that any Tesla or Hyundai Groups EV with 16,5 to 16,8 kWh average on 100 km or 60 miles offers already. So while these dreamers still produce heavy SUV with bad aerodynamics consuming not 10 litres but 20 litres in case of any PHEV which is FAKE if not regularly charged at the Wallbox. So they heavily manipulate stupid masses expectations also in saying that any EV must HPC on new slave systems chargers instead of HOME- and Destination charging and if really necessary do 500 km or 350 miles. Most people need that ONCE a year for vacation but industry instead of lowering weight still asks for 1000 km that in real life also the best Diesel cars cannot do neither, only on lab testing with fake WLTP. I even found that similarly potent ICE do less than my EV😂 So it’s so important to get clear messages as here also many investors do not really understand the SYNERGETIC approach of Tesla and do not ask why they produced less cars last Quarter but listen to idiots telling in the fakenews „Is this already the end of EV?“ but knowing that we cannot waste oil for mediocre ICE that is the worsest way to transform energy by burning it! We neither become free from questionable oil producing countries that work against our values and believes. Has everybody also considered this side of the picture? No, 65% even do not know what their cars costs and are slaves of their owners as many do neither own their vehicles. Since the company drives now all electric we had a dramatic reduction of TCO and less downtime of cars where people lost their time also the repairs have been for free!🤡🤬
14:02 For EVs in general and specific to Tesla, I feel EV makers need to emphasize safety, home charging (I only go to gas stations for snacks), cost of ownership overall, and a better driving experience (I traded in 2 BMWs for 2 Teslas) over the environment. While Tesla's mission statement includes the environmental aspect, I bought the cars because they are better cars. While I respect people who think they are helping the environment, for many people, it is not in the top ten reasons for picking a car.
I hope we keep getting this bearish detail so I can continue to buy at a discount :). This doesn't matter long term and their business has so much insane upside.
Bearish details? It’s actually real world bad results. That’s not the kind of ‘bearishness’ that any sane investor wants to receive. The company isn’t earning the profits that were anticipated. Wake up buddy!
@@singed8853 Lol. All companies go through cycles. Unless you are new here and are an inexperienced investor and don’t know what you’re talking about. This is normal and an opportunity to buy. 6M vehicles are about to receive the most advanced driver assistance system in the world. That’s way more valuable than missing 50K deliveries from one quarter and being down 9% YoY when the competition is down 48% YoY in a tough macro environment. Maybe wake up to the insane opportunity in the long term. Thats how I got to 8 figures.
Troy, yet again, was closest to actual. Best analyst out there.
I think auto sales in general are down. There is lots of 2023 inventory. I think that higher interest rates Is to blame.
I set mine up to ten mls over speed limit
Notice BYD increases each year from Q1 to 4 then notches back towards Q1. Makes it look like they stuff the balance sheet each Dec30 to look good for the year, then pull back due to balance sheet manipulation each Q1. Nortel did this to fluff the balance sheet; list anything you could call a sale in December and reverse it in Jan.
will be interested to see what they do about HW 2.5 and those of us who bought Enhances autopilot over 5 years ago. This included Auto Park and Auto Summon. From what I have seen the NN will not work on HW 2.5.
I’d like to find out what the technical reason(s) older Tesla’s with USS cannot get the latest FSD features (like improved AutoPark)? Why can’t they just ignore the sensors if that is what is required. AFAIK, the camera quality did not change with elimination of USS, but only when HW4 came out.
What does days of inventory look like these days ?
12:26 TSLA doesn’t want to go on a marketing blitz. They just squashed a shareholder proposal regarding advertising from being voted on at the next shareholders meeting.
source? ps thanks for tip! lol
www.sec.gov/files/corpfin/no-action/14a-8/mccrearytesla032524-14a8.pdf
www.sec.gov/corpfin/2023-2024-shareholder-proposals-no-action?#t
I tried providing an exact link, but it keeps getting taking down. Google: “2023-2024 No-Action Responses Issued Under Exchange Act Rule 14a-8” and see the responses to TSLA shareholder proposals.
I keep trying to reply with the information, but it keeps getting taking down. I sent another paid comment, but I don’t see it.
Now it is a good time to buy more TSLA stock (4/3/2024)!
Have to disagree. FSD accelerates (both forward and backward) quite a bit harder than I would.
I do agree that the auto max top speed is an issue, as I would often go faster than it does, but it’s easy to understand why they don’t want the car to be going too much over the posted speed limit (plus slower = more efficient = better range).
Also, pauses at stop signs are too long, but better than in the past. Super easy to tap the accelerator to get it to move though.
The Feds have something to say about speed, so don't hold your breath for changes.
@@tedmoss I’m not.
Analysts: I expected nothing and I'm still disappointed
The actual numbers were way below the lowest estimate, that is definitely not a good thing.
I think Government Motors meant year of extinction!
Thank you Dillon for your valuable and insightful reporting. I agree with all you have said about the nonsense over emphasis on quarterly reports and I really appreciate your insightful reporting on Tesla's technology. I have GREAT respect for Mr Musk's engineering leadership but I sorely wish he'd get off of his addiction to public social commentary and just shut up on that stuff. His humiliating loss in his recent lawsuit against the Center for Countering Digital Hate gives great profile to the negative social consequences of his X platform. He has to pay their court costs, and he didn't even sue them for false information because what they said was entirely factual. I value his engineering leadership and I don't want him to harm his excellent work in that sphere with his toxic social nonsense. I'm enjoying our 2nd Model Y and salute what he has done in that sphere.
Does anyone know if FSD can be easily transferred to semi’s? If so I’d have thought haulage would be its biggest market. Once in road charging is established the lorries will only need to stop for loading and unloading.
Interestingly, the other OEM EV advertisements do not educate just the normal types of ads. It doesn't seem easy in a 30-second sound byte to inform the population of the benefits of EVs. The government can help educate the public on EVs, CO2 reductions, and health benefits minus all the labor union add-ins. It would be interesting if they added a health warning on an ICE car and truck.
Right now I'm pretty pissed at Tesla about their FSD trial. I love the intent, but not the execution. When they pushed the update, they silently automatically enabled it, and simultaneously eliminated simple cruise control. I was on the highway and tried to turn on cruise control and found myself fighting the steering wheel! I had no idea what was going on, all I knew was that somehow cruise control somehow messed with my steering. Not a fun experience in traffic at highway speeds.
Adding features is great. Messing with my car's settings isn't.
My concern is the issues around the 4680. It’s less power dense than was stated on battery day and the production ramp has been terrible. This is holding back access to cheap batteries. For me this is the fundamental problem to fix.
Buy buy buy . Buy every dip . Load up .. in 3 to 7 years everyone will look back and wish they would have bought more than they did.
50k is 1/9 of what was expected (450k) and roughly what was produced (433k). Switching from the Red Sea route to the around the Africa route adds two weeks to the transport and two weeks is 1/12th of the quarter, so those cars we can safely skip as they will simply be delivered but a bit later and they don't negatively impact Tesla's demand. So how many cars did Tesla send in the Q1 from China?
Well Tesla's Megapack's should actually count towards one of there models as its one of there products and the one with maybe the biggest profits and there sales are up and investors don't think about that part 🤷🏼♂
Suits me, put £20k in in 2019 to help, now in the long process of annual transfers of £20k worth of shares (have to pay cap gains on it) a year into cap gains tax free UK ISA. The cheaper the better.
Prices went up. More people waiting for m3 refresh , red sea conflict, terrorist attack in germany... 8% yoy is not bad...
The idea is to make vehicles that you can sell rather then making more cars then you can sell.
Otherwise you end up trying to get rid off them at less profit or at a loss.
The idea is to keep in balance with demand. The vehicle industry is not immune from the economy and high interest rates.
So what was hardware 4 for?
It’s not a train wreck it’s an opportunity to buy.
You realize these results mean the company profits took a nosedive this quarter? That’s not the kind of results a sane investor is looking for.
About inventory it will grow as red sea trouble continues. Going around africa will cost 10 days one leg so 20days round trip so when Tesla finds enough ships then in transit goods will not grow when not then it will be problem. There may be relief in q3 when Artic route will be available then Tesla can get to Europe even faster than before since record low ice cover will be expected this year. So currently can't produce more since can't transport it so there may be more of those price hikes.
About HW4 emulation mode I think HW4 will store hw4 specific training data in background and training will start in 3-6months but That may mean also slowing down HW3 training. At current compute speed and data precision of HW 4 training for new stack may took even 1-2years of compute. Maybe starting later is better then there may be D2 dojo out and that is 4x + of compute of D1. 7nm to 3nm means about 3.5x more space and can mean also frequencies up from 2Ghz to 3GHz and less heat generated that may lead 4 units per tray.
So the plant switchover caused too many cars?
I don't really care what WallStreet analysts say. I still haven't received v12 and I've had FSD for years. I'm still on v11.
Another problem in Q1 was the entire ship load if Teslas sent back from Australia to China because of infestation of some insect. I forget the number but it was many hundreds if not a couple of thousand.
Yea, that would have made a big difference . You’re kidding, right?
funny 😂
Dan Ives is a fan boy that is just starting to see the reality.
This bad quarter was SO EASY TO SEE COMING!
FYI: at the moment Tesla has more dough tied into their Q1 2024 overproduction, than what Tesla's core car business' total net profit was in Q4 2023. And they still have huge inventory from 2023, that they have not been able to sell.
Not to mention, that only in January Tesla proclaimed to sell 2.2 million cars this year (+22% YoY). Tesla's Q1 2024 deliveries project 9% less sales in this year compared to last iear. Or only 1.6 million cars. There is total of 600 000 less what Tesla estimated only couple of months ago.
While Tesla had a bad quarter, Stellantis fired how many people again?
if they drop the price of subscription i would get it.
My navigation often picks unnecessary routes and infinite u-turns, will Tesla have its own nav. system?
FSD is what I want BUT at $16000 Canadian that’s a hard pass.
Just depends on what you can afford.
I'm an investor and love the company, but my biggest issue with Tesla cars is that they're lacking some key features they should have or at least be able to be optioned with. They have the sun beaming through at all times which I would hate in Australia where it's hot even though it's tinted, I'd be happy with a sunshade or the glass turning opaque like on other EVs.
I think one thing Tesla aren't realising is that whilst price deductions do help people afford their cars, adding features people most complain about being missing or that they most desire will also bring people across to the brand and at far less cost to put in that tech than to drop prices.
For me they are in this order sunshade/opaque glass option, heads up display so you're not always looking across at the screen, vehicle to load/house the fact you have a huge battery and no way to operate three pinned powered devices or back you're house up in a blackout outside of the cyber truck is a big miss for me, adjustable suspension because no matter how sporty or compliant you make it there will be situations where it will be better to be firmer and sportier and situations where you need it to be softer and compliant, an optional solar panel the length of the glass on the roof because if you're someone who doesn't drive that often or long distances, it may contribute meaningfully to your mileage it also stops vampire drain.
There's some of my big ones for Tesla and it's technology they should either look to include or be able to be optioned in their vehicles.
Since I can't invest more until fall, this is just great. 😅
Is it about death penalty?
I’m getting close to throwing down for FSD. Coming from EAP $6k upgrade is much easier to swallow.
What?? People think gas cars are more affordable to maintain than EVs?? [14:25]
How is it not *painfully* obvious that Tesla needs to spend *massively* on advertising?
How are actual sales ‘disconnected from the fundamentals of the company’? What exactly are the fundamentals of the company? I don’t really understand what people mean by that.
They are also connected to macro issues, specifically interest rates on auto loans. In addition autos are largely a discretionary purchase. In bad times people delay major purchases. That's why autos is the very definition of a cyclical industry. IE impacted more than others in downturns. See how GM and Ford are doing. The market is ugly.
I bought TSLA for its potential in the (huge) energy sector, not for cars. Also, even in cars, quarterly sales that are soft for competitors too, don't much affect the company's technical and production lead, which in turn determine longer term car sales success. The all too common focus on consistent quarterly returns, divorced from business cycles, and implemented by stock buybacks instead of improving the business, have rotted out once legendary companies like Boeing. It's not business acumen; it's quick and dirty over long term hard work.
Since FSD is no longer beta, does that mean Tesla can declare earnings from FSD purchases over the years that has been partly in escrow, not declared as earnings, but a deposit?
The haters think their dreams come true.
Buy the dip.
I think '(Supervised)' is more accurately meaningful to more people. Few have enough software development background to truly comprehend the implications of 'Beta' - especially where Beta refers to software development distinguished from the AI training regimen & AI maturity employed within the product. I don't see this semantic change indicating any change to the product - more likely just Elon finally seeing my point & caving to common sense. I do still think whatever suffix indicating FSD's unreadiness for prime time at SAE Level 2 (whether Beta or Supervised) will be lifted when proves itself capable for SAE Level 5 autonomy.
These beggars among beggars do not understand what makes them outstanding not in Automotive, not in AI, not in Production Methods, not in Batteries but in SYNERGIES of the best people working together in small teams linked to the CEO!
Compared to other OEMs Tesla outperformed all of them by a lot. Tesla is held to an unrealistic standard and this is beyond ridiculous. Tesla fundamentals are strong!
It’s the second bad quarter in a row.
TSLA’s future revenue growth is not EV sales. It is FSD and Energy and eventually optimus. If FSD 12 becomes certified at L4/5, 25k car launches, 26/27 will be awesome.
Sadly no one will pay 12k for FSD.
Energy income has stalled.
Tesla has not got a sensible Robotaxi strategy. Robotiaxis obviously cannot have sterling wheels, if they do who is responsible?
@@whowhy9023 I would pay 50K for FSD if it worked as an L4/L5 driving assistant. TSLA might not even make this an option once FSD is solved.
11:57 for context, the auto industry average spending on advertising is 2.5% of revenue. Tesla is still half-assing advertising.
When Elon thinks something is important, it’s all hands on deck until the problem is solved. He clearly does take advertising (educating the potential buyers) is important.
The experience of owning an ICE vehicle is common knowledge. The experience of ownership an EV is full of misinformation. No one should have more incentive to educate the consumer about EVs than Tesla.
I think the numbers were so bad that Tesla wanted to keep the deliveries for Q2 to help Q2 and take the hit in Q1.
The demand problem is in the numbers. Despite the issues they outline or “stupid bulls” harp on about, they still produced a lot more than they sold.
No one is stopping Tesla from being able to sell cars they produced. That is CLEARLY a demand problem. This quarter is a proper litmus test.
Tesla should be less opaque
I pick up my new Y tomorrow ✌🏼😎
It is bizarre that investors are regarding the quarter sales as such a disaster, while ignoring that FSD is about to change the world! Short term bumps mean little to a serious investor while having a huge investment validated is a huge deal.
Why don’t we talk about the big 3 are circling the toilet 🚽? That would be more interesting! Are we investing or not? 🤷