It’s very interesting to note throughout this entire CNBC presentation there was no discussion about safety. Anyone who saw the clip of the Tesla driving off the cliff in California plunging 100 m and passengers getting out uninjured it would be end of story I will not buy any other car.
🎯🎯🎯🎯 And not just ADAS! Quality construction! The Chinese people have a consumer fair every year for bad product awards, and BYD was one of the top amongst the auto makers. All of them remotely shut down their cars so they cohort be brought in to the fair.
wow, i just saw the video after a search of "tesla driving off cliff in california". Amazing! I used to own a volvo for this reason, safety. However, the maintenance cost of gasoline cars became so high that I had to give it up and go EV instead.
I totally agree, not one word of being a family car and the safety that it will provide to the family or its occupants. I wonder if NHTSA will do the tests that is required for all of its cars sold here?
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $150k. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
The issue is most people have the “I will do it myself mentality” but not skilled enough. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 350%, since covid-outbreak to date, summing up nearly $1m.
Lucinda Margaret Crist is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Because of the US economy's importance to the global economy, its instability has far-reaching implications. In such circumstances, safe-haven assets such as those with high FA and cryptocurrencies provide security. Investors must prioritize asset protection, diversification, and balanced portfolios in order to weather market volatility.
During a recession, investors must understand where and how to distribute capital in order to hedge against downturns while being profitable. If you are unable to navigate the market, speak with an expert advisor.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
'Laurelyn Gross Pohlmeier' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
You know, I'm a very busy person, I don't always come here and it would be great if we stayed connected to continue sharing the good news that is available to us... If I may ask, do you have Telegram?
Indeed, I didn't catch that... but the second I read your comment it was obvious. Also, I was taken by the noise of whatever did turn on. They only allowed like a second of the clip to play because anyone would have realized it was overly noisy.
I think my family has very rarely gone more than 3 hours without a stop. Between little kids needing breaks or older adults needing breaks, it seem like only single adults driving alone would be able to routinely go farther without a significant stop.
*Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Laura, and her helpful guides.*
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.
I know Laura, she has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of lives.
I caught that one too, so cool to be able to belch fumes into your city from your hybrid to run the air conditioning because you couldn't be bothered to plug it in!
Yep, and the fake 893 miles of range (Fake because it's a bad standards-based mileage) ... if you're draining that just being in traffic, wow, not good. We have a Tesla Model Y LR and it tops out at 320 miles of EPA range. We very rarely have it charging to 100% and even when we do for long road trips, in the past year+ of ownership, I've realized we really didn't even need to do that. There has been more than enough access to charging when or if we'd have needed it. Some of my longest trips so far have been 4.5 hours and we only used 60% of the range while passing 3 charging stations we could have stopped at if we wanted to.
😂😂😂 Agreed! I ve been tracking the last week and if I sold my 950 at green close and bought at red close on a daily basis I would have killed it! Unfortunately I don’t have the balls for it so just happy to hold
Thank you for the content!! All we need is the right advice on how to invest in crypto and the bitcoin halving is a life changing opportunity with the current down price in shit-coins and Memes coins in the market today
I believe the Bitcoin ETFs will be life changing opportunity with my current portfolio of 132k made from my investments with my personal financial advisor I totally agree with you
She is my family' personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
What we need is a comparison of profits per EV sold. Also total profit on all EVs sold. As Mathew commented safety is not mentioned and no mention of comparison of autonomous driving capabilities.
I agree but none of the so called 'profitable' Chinese EV makers (e.g. BYD) never disclose their net profit of their EV segment. Instead they mix hybrids and EVs to cover the fact that even BYD loses money on its EV segment.
Possibly the most non-bias piece I've seen from CNBS re. EV's. They actually said the model Y was the global leader in BEV sales, which they have been pretending to be ignorant of until this moment.
this is the most balanced review I’ve seen in a while….More of this would be nice…Someone on the ground speaks the language and testing all competition..
I live in Canada where we have snow and salt on the road for 5 months of the year. Imagine all the salt and slush going inside my car every time I go to swap batteries and eventually corroding the vehicle inside out. 😱😱😱
Yeah, good point. So, even if they "solved" that problem it would mean a decent amount of time before the swap would begin because they'd have to do an underbody car wash to make sure they didn't keep impacting the salt into the battery connections. Also, heat all the things to be sure ice didn't form or that if there was ice that it would thaw so they could get the battery out. Yeah, battery swapping is stupid for sure. 🤣
Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency, stocks, through the assistance of my discretionary fund manager
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $21k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation my finances remain secure. So I really don't blame people who panic.
Why is it that companies like VW and Toyota who have factories in China and been making cars for decades and have access to the same cheap labor and the same efficient supply chains cant sell low priced EVs? Why is it only Chinese companies that can do this? I can maybe believe that BYD is more efficient since they are more vertical integrated but a company like Geely who owns Polestar and Volvo, why is it that only the Chinese segments of Geely can sell cars so cheap but Polestar and Volvo cant even if they have access to the same supply chains and tech and even share some production lines with Geely etc?
I noticed the CNBS video didn’t bring up safety ratings or accident data for the Chinese cars. And as the video did indirectly pointed out BYD is one of the few companies that make a profit on BEV’s and its single digit. They also didn’t mention that their EV statistics include Hybrids. Even with this these companies will be a major factor in the global automotive market within the next 10 years.
Min 26:50 the Xpeng G6 is a very good car. The charging speed 10-80% is definitely higher and the range as well, even if it's achieved with a bigger battery. I saw lately a few car tester who where very possitiv surprised by that car
Transportation evolution: Horse & Oxen >> Internal Combustion >> Electric Vehicles >> EV+FSD. All depreciate, but an EV+FSD can make more money than it costs. When FSD arrives about a year from now, ya gonna get a vehicle that over time loses money, or one that makes money? In time, Non-FSD vehicles will be obsolete dinosaurs.
@@darylfoster7944kinda... if I sell my FSD Model 3 after it's solved. I could be selling it to a buyer that values FSD highly because they want to use it for their Robotaxi fleet
Why does everything legacy media say sound like a hit piece! It makes me mad but then I realize they are radio shack so I’m good. Even how they say tesllaaaa sounds stupid.
The media has always been the enemy of freedom. It was initially due to Tesla eventually wiping out legacy auto/uaw. The " uNi0n " vote. Now the Bolsheviks that hate freedom of speech are exposing themselves and Ross is having trouble feeding his Gerbil due to high inflation they caused. 🤣🤣🤣 🐹
In China, most people live in apartments where home charging isn’t an option. I think that’s why Nio has pushed for the battery swap idea. However, as charging speeds improve, even for that market, this won’t be a good idea. Edit: haha, 10 min for the swap. Okay. That did get dumb pretty quick.
Unlike the USA and Europe, there is a huge population of Chinese that live in huge apartment towers that lack the charging infrastructure in the parking lots to accommodate the number of people buying EVs in the cities. The battery swapping model may not be ideal or practical in the USA or for Tesla (who has the resources to build a global Supercharger network) but in China, it allows the sale of millions of more EVs today than would otherwise be possible if they had to wait several years for the installation of enough charging stations in the parking lots of these high-rise apartment buildings.
I've been following BYD and Xpeng closely for years. Imo, BYD will be the dominant automaker pertaining to total sales. They'll surpass VW and Toyota to take that lead. Xpeng will also do well but not as well as BYD. Xpeng is new in the EV market but they're already flexing their manufacturing skills. They released a car this year and got 100k orders. They were only targeting making half of those but pivoted to increase production to match the pre-orders. Now it looks like they'll reach that 100k fulfillment. This proves they can ramp up extremely fast. Tesla should continue to do well long term but may take a hit in the short term as their European sales are slumping the last couple of quarters. Their California sales are down about 25% this year too which isn't good news as California is their largest EV market in the states. I figure their sales will be flat this year vs last year, maybe a slight increase but nothing worth mentioning. It's all going to depend on Tesla next vehicle to know a clearer picture. And how long before it comes out. They can lean on the 3 and Y but as more time passes without their next product, they'll lose some market share. The cybertruck may slightly move the needle next year for revenue but they're still be in ramp mode and recouping development Cost. Once autonomy is solved and approved by countries to drive, Tesla will dominate. Until then, I think Tesla stays relatively flat in their auto business but booming in their energy business. Once their cheap car gets released, which I think it'll be before autonomy is approved, they'll be back on track with high growth.
Ok if you followed BYD for so long, can you tell me how profitable BYD is on the EV cars (excluding hybrids)? I have been trying to find it and read their 2023 annual report but cant find it. Maybe you can point me in the right direction.
@PelleGIT - I don't know. I know BYD is profitable overall, albeit small relative to Tesla. Their margins are razor thin and are counting on quantity for profitability. But I don't know the breakdown of profits between their EV side vs their hybrid side.
Wait...one of the clips showed a movie playing on the right side of the front screen WHILE the car was moving. NHTSA would not allow that feature for sure.
#1 Rule/Formula for writing a successful news "story" in 2024: Use Tesla or Elon in headline and then sprinkle in how Tesla/Elon are being challenged or questioned or rumors about how they might have done something bad somewhere sometime, then mention all the other players that are about to take the crown and how that will lead to the downfall of this mercurial leader and all his companies that probably have too much control and power (and absolutely do not mention Black Rock, State Street, Fidelity, etc. and how much power they have over ALL the companies in the world); This strategy will get you lots of views, discussion and ad impressions, which is the most important thing because we live on ad revenue, this is MORE IMPORTANT THAN THE TRUTH!!! Now, go out there and do some great "journalism" comrades ;-)
Tesla gotta get that fridge, lets be honest. Put it in the mid console, accessable by the armrest. Just Seal it and have the option to run cold ac to it
By saying Tesla has been caught flat footed he means Tesla sales have stalled whilst Chinese EV sales have surged because Tesla have been slow to produce a low cost model. Tesla are obviously getting ready to produce some revolutionary models soon.
I watched a video a couple of days ago of a Tesla randomly steering into oncoming traffic and if not for driver intervention - that would not have been a good outcome. It made me have significant skepticism that the FSD is ready for complete autonomy. Prior to investing in the robotaxi takeover of the world, I need to see a lot more data about non-driver-present FSD to really put anything behind it. Do a video on that.
The Lee auto L6 is a hybrid. Not a proper BEV... think a couple of the other low price entries here are also hybrid. They shouldn't be in the line up here. 800+ mile range WITH gas motor range extender... meaning its not on the same price trajectory as a full BEV as battery prices dive. Not sure if it would qualify restrictions on gas cars entering citys which would make them far less attractive.
About parking on highway... Tesla (v12.3.6, hw3) does not prevent it. It crashes FSD (maybe because it runs on the highway stack), put the car in park, and cut the camera video feed. And no I'm not parking on highways, but the car believes it is (it easily gets lost on the multiple z-axis layers of road in Boston and in tunnels).
I'm not worried about AI taking over the world. What concerns me is the possibility of rival AI versions attacking each other through the internet, and the potential ramifications of such an AI war.
Brand loyalty only goes so far. Given equal price for equal vehicles, brand loyalty wins. Given cost differences, brand loyalty will allow some level of premium. However, as that premium increases, more and more buyers will be persuaded to take the lower price, even for less capable products.
50 years from now, Tesla will be known as that robot company that also makes self-driving cars. Optimus and the many upgraded models to come will quickly become the main driver (pun intended) of Tesla.
This is painfull to watch...😅 You wonder wich country owns CNBC. Also for example my 2018 built Model S bumps up the heat if I tell it Im cold... so... yeah😂
15:30 if battery swap time is less than half of charge time, then the range requirement is only half that of non swapping vehicles, which reduces battery size requirements by more than half, because of the lower weight as well. It could make sense in high density areas until charge time decreases. And since road trips are a very small portion of drives, you only need an extra 5% batteries above what goes in cars sold to customers, or thereabouts. But, overall, with the extra moving parts of battery swapping, it's not worth it. But stupidly dismissing out right it is stupid.
13:19 Did you hear how loud that seat ventilation was? Thats one of the reasons for the price Also the fan for the battery when you put the pedal to the metal is extremely noisy and on for way too long, ruining one point of having a EV the quiet factor
Uber could fit cameras to all their taxis to collect driving data, which they could then sell to auto manufacturers. And Tesla could sell its data to other automanufacturers as well, if it doesn't mind the future competition - which I don't think it does. It's not necessarily the case, that each car manufacturer must create millions of cars with cameras and run them for 10 years in order to collect the data for themselves, just like the language models harvest data from other companies etc.
Note that Chinese governments down to the province and city level are back their EV companies. In the US we maybe giving the land and tax breaks but the Chinese go so far as to buy into the companies and provide money.
@@PaleBlueDotCitizen Indeed. The cost of the hydrogen infrastructure makes battery swapping look reasonable. Which is brain dead for a couple of reasons
Their mistake when comparing Tesla vs everyone else is Tesla is all around better. Between charging network in the US, performance, range, trip software, FSD software, comfort and features.
As the legacy cos continue to flounder in the EV space, watch for them to do deals with the Chinese cos to badge Chinese vehicles with their brands and logos. Then finally to simply be subsumed by the Chinese cos. This is how they will access the brand-loyal customers in the rest of the world. It has already happened with Geely, that owns Volvo, and SAIC, that owns MG. This is going to continue on an increasingly large scale, especially in the EV space.
Um, in China most people do not have easy access to "home charging." so batt swapping is not necessarily crazy. you assume China has same "home charging" experience as people in the West. its very different for now...
Impressive, that’s nice.. my company's Tesla cars are one of the best electric vehicles in the world, my company is the best car. And we have more we are working on! Do you own a Tesla car from my company?
And "many people" have considered selling Tesla shares and buying BYD cars and stock. Warren Buffet does not own TSLA. Tell me why that is. Musk and Trump are asocial and completely different to each other. Musk is brilliant.
@@Longtack55 Buffet has always missed out on tech, never been his thing, Apple a bit of an exception but he was late to it and it's a "consumer product" Co in his eyes. He wasn't so smart to catch NVDA but instead focused on insurance, rails, candy, Coke.....things he understands. Brilliant investor who knows his limitations.
What ballistic??? Going 10% up from 200 is ballistic? So what is dropping from 265 to 193? Remember the stock stood above 410? Did you forgot? Some side effects of AgingGrass-1 probably 😆😆😆
I'm so tired of the mention of the mythical 400. That was a Covid anomaly. Take a Tesla chart, chop out 2021, and you get a completely different perspective.
@@darylfoster7944 What has Covid to do with it? Afaicr, didn’t Tesla make anything to relief from it. No respirators, no masks, no vaccines. Simple truth remains, that TSLA is highly volatile, and totally unappreciated by nearly all Wallstreet analysts. 20% up or down is “normal”.
Might be time to retire the I-phone vs Android to make your point. It's been about 8 years since an I-phone was better than a comparable Android. Better to compare Apple fanboys to mainstream auto devotees.
And yet..... Apple still commands most of the profits from smart-phone sales, even though they sell fewer phones than the cheaper Android crowd. And if you want to buy a similar spec Android smart-phone, then you will be paying iPhone prices.
@@voidthewarranty1429 Hence the term Fanboys...plus Apple makes it very difficult to switch. But when you finally do you will realize you get a better device for less money.
My brain is broken because I can't figure out how something can be the best selling car in a market and being out sold find somebody else in the same market
They didn't talk about privacy or safety, which are significant factors outside China, or China brand loyalty, which is not big outside of China. Overall, it's still a fair price.
Tesla: 1. Chinese EVs: 0.
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in the 1980's Chyna ICE went from 300,000 oems to 5,000.
and in 2000's 5000 to 1500.
Did she say janky?
Bro thank you so much for that wallpaper. It's a winner indeed.
It’s very interesting to note throughout this entire CNBC presentation there was no discussion about safety.
Anyone who saw the clip of the Tesla driving off the cliff in California plunging 100 m and passengers getting out uninjured it would be end of story
I will not buy any other car.
❤
🎯🎯🎯🎯 And not just ADAS! Quality construction! The Chinese people have a consumer fair every year for bad product awards, and BYD was one of the top amongst the auto makers. All of them remotely shut down their cars so they cohort be brought in to the fair.
wow, i just saw the video after a search of "tesla driving off cliff in california". Amazing! I used to own a volvo for this reason, safety. However, the maintenance cost of gasoline cars became so high that I had to give it up and go EV instead.
I totally agree, not one word of being a family car and the safety that it will provide to the family or its occupants. I wonder if NHTSA will do the tests that is required for all of its cars sold here?
The children were uninjured, but one of the parents had a ruptured spleen and the other had a broken bone somewhere - recalling pelvic bone?
Isn’t it ironic that they have to praise Chinese cars to try and cause some FUD to their own American made car called Tesla.
Bingo. They will sacrifice their own body for the sake of their own power
Just like no coverage of the 2 stranded astronauts in space @@jaydubau8755
The most American-made car, the safest car in America... CNBS are such proud patriots
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $150k. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
The issue is most people have the “I will do it myself mentality” but not skilled enough. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 350%, since covid-outbreak to date, summing up nearly $1m.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
Lucinda Margaret Crist is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Because of the US economy's importance to the global economy, its instability has far-reaching implications. In such circumstances, safe-haven assets such as those with high FA and cryptocurrencies provide security. Investors must prioritize asset protection, diversification, and balanced portfolios in order to weather market volatility.
During a recession, investors must understand where and how to distribute capital in order to hedge against downturns while being profitable. If you are unable to navigate the market, speak with an expert advisor.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
That makes perfect sense; you seem to have a better understanding of the market than we do. The coach is who?
'Laurelyn Gross Pohlmeier' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon. Thanks
Ventiilated seats: Ooo, yeah, I can feel it, while switching on the passenger seat...
HA! Good catch.
You know, I'm a very busy person, I don't always come here and it would be great if we stayed connected to continue sharing the good news that is available to us... If I may ask, do you have Telegram?
Indeed, I didn't catch that... but the second I read your comment it was obvious. Also, I was taken by the noise of whatever did turn on. They only allowed like a second of the clip to play because anyone would have realized it was overly noisy.
LMAOO
894 miles for a family car...what kind of kids do they have over there. Mine need a stop every 200-300 miles (including myself)
I think my family has very rarely gone more than 3 hours without a stop. Between little kids needing breaks or older adults needing breaks, it seem like only single adults driving alone would be able to routinely go farther without a significant stop.
🤣Indeed, though I'm getting older, and I can't make it 70 miles sometimes without having to stop.
*Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Laura, and her helpful guides.*
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.
I know Laura, she has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of lives.
You're right! The very first time I tried, I invested $2000 and after a week, I received $8,400. That really helped us a lot to pay up our bills.
Interesting! But I'm new here. How can I get to this person's guidelines??
SHE IS ON TELEGRAMs
Tip. Getting stuck in traffic drains v little battery. You’ll get home in your EV.
I caught that one too, so cool to be able to belch fumes into your city from your hybrid to run the air conditioning because you couldn't be bothered to plug it in!
Yep, and the fake 893 miles of range (Fake because it's a bad standards-based mileage) ... if you're draining that just being in traffic, wow, not good. We have a Tesla Model Y LR and it tops out at 320 miles of EPA range. We very rarely have it charging to 100% and even when we do for long road trips, in the past year+ of ownership, I've realized we really didn't even need to do that. There has been more than enough access to charging when or if we'd have needed it. Some of my longest trips so far have been 4.5 hours and we only used 60% of the range while passing 3 charging stations we could have stopped at if we wanted to.
6.3% doesnt even mean much anymore when it comes to tesla. it'll be down 4 or so % the next day, then back up 5% the next haha.
yea it went down like 6% not that long ago. Don't see any videos trying to assign some reason to that.
😂😂😂 Agreed! I ve been tracking the last week and if I sold my 950 at green close and bought at red close on a daily basis I would have killed it! Unfortunately I don’t have the balls for it so just happy to hold
A lot of fuckery.. its coming off of a massive 265 - 270 selloff so 6% bounce .. whoopee doo Mr content creator .. lets see follow through..
@@changalbertSMR is a loser.
@@probasics101😂🤣😂🤣 SMR is an incel loser.
Adj temp based on "I am freezing" is already in all Teslas
Thank you for the content!! All we need is the right advice on how to invest in crypto and the bitcoin halving is a life changing opportunity with the current down price in shit-coins and Memes coins in the market today
I believe the Bitcoin ETFs will be life changing opportunity with my current portfolio of 132k made from my investments with my personal financial advisor I totally agree with you
YES!!! That's exactly her name (Haley Eleanor) so many people have recommended highly about her and am just starting with her from South Savo 🇫🇮
She is my family' personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
How can I get in touch with Haley Eleanor? What are her offerings?
Oh yeah sure, she's active on What's ApK
What we need is a comparison of profits per EV sold. Also total profit on all EVs sold. As Mathew commented safety is not mentioned and no mention of comparison of autonomous driving capabilities.
I agree but none of the so called 'profitable' Chinese EV makers (e.g. BYD) never disclose their net profit of their EV segment. Instead they mix hybrids and EVs to cover the fact that even BYD loses money on its EV segment.
Possibly the most non-bias piece I've seen from CNBS re. EV's. They actually said the model Y was the global leader in BEV sales, which they have been pretending to be ignorant of until this moment.
My revivifier is a cynic: Doc says, “Tesla has bought advertising on CNBS…”❤
Nah, still underplaying Tesla. Threw in well known fact to appear non bias. The overall piece is how Tesla is losing...
The Key point that is often downplayed is the subsidies....$231 Billion....imagine what any industry can do with that kind of subsidy.
While in principle yes, if given to the wrong company, they'll just do stock buybacks.
this is the most balanced review I’ve seen in a while….More of this would be nice…Someone on the ground speaks the language and testing all competition..
So far you're the only person I watch who has caught on to the Tesla significance of the Grok-2 mini (beta) release😂
RIP Legacy Auto....
Your own base case for Tesla stock from a couple years ago is $852. I would not say Tesla stock is "going ballistic" compared to that.
I live in Canada where we have snow and salt on the road for 5 months of the year. Imagine all the salt and slush going inside my car every time I go to swap batteries and eventually corroding the vehicle inside out. 😱😱😱
Yeah, good point. So, even if they "solved" that problem it would mean a decent amount of time before the swap would begin because they'd have to do an underbody car wash to make sure they didn't keep impacting the salt into the battery connections. Also, heat all the things to be sure ice didn't form or that if there was ice that it would thaw so they could get the battery out. Yeah, battery swapping is stupid for sure. 🤣
I can't wait until media is mostly positive and truthful
You mean SMR? Because he is a liar and scamster just like mainstream media.
Zero mention of safety by CNBC... and only a half mention of build quality, did you see the steering wheel move/bounce while driving, wthf?
That model was made by RBBBC - Rubber Baby Buggy Bumper Corp 😂
How do most of you guys still make profit, even with the downturn of the economy and ever increasing life standards
Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency, stocks, through the assistance of my discretionary fund manager
Julie Alma Stevens
Yes, I agree with you. Her platform is wonderful and her strategies are exceptional
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $21k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation my finances remain secure. So I really don't blame people who panic.
Why is it that companies like VW and Toyota who have factories in China and been making cars for decades and have access to the same cheap labor and the same efficient supply chains cant sell low priced EVs? Why is it only Chinese companies that can do this? I can maybe believe that BYD is more efficient since they are more vertical integrated but a company like Geely who owns Polestar and Volvo, why is it that only the Chinese segments of Geely can sell cars so cheap but Polestar and Volvo cant even if they have access to the same supply chains and tech and even share some production lines with Geely etc?
Yoh, that parking assistant in female mode sucks pretty hard....
I'd say Asian mode. 😀 Of course driving while female *and* Asian is the epitome of "get off the sidewalks!"
I noticed the CNBS video didn’t bring up safety ratings or accident data for the Chinese cars. And as the video did indirectly pointed out BYD is one of the few companies that make a profit on BEV’s and its single digit. They also didn’t mention that their EV statistics include Hybrids.
Even with this these companies will be a major factor in the global automotive market within the next 10 years.
Elon knows what hes doing.😉
Elons companies play 4d chess, everyone else is playing tic-tac-toe
So is a "Gas powered range extender" just a more cumbersome way to say it's a hybrid?
Min 26:50 the Xpeng G6 is a very good car. The charging speed 10-80% is definitely higher and the range as well, even if it's achieved with a bigger battery. I saw lately a few car tester who where very possitiv surprised by that car
Even the software is at a very good level. The interior is the same or better and the soundproofing is way better than the Model Y
I'm a Tesla fan boy and my next car will be definitely a Model Y but that car thicks a lot of right boxes
Not on of them has fsd camera
Transportation evolution: Horse & Oxen >> Internal Combustion >> Electric Vehicles >> EV+FSD. All depreciate, but an EV+FSD can make more money than it costs. When FSD arrives about a year from now, ya gonna get a vehicle that over time loses money, or one that makes money? In time, Non-FSD vehicles will be obsolete dinosaurs.
It only makes money if you're willing to put it in the fleet. ICE to EV is an evolution. FSD is a revolution.
@@darylfoster7944kinda... if I sell my FSD Model 3 after it's solved. I could be selling it to a buyer that values FSD highly because they want to use it for their Robotaxi fleet
No big deal I was up $8,000 a month ago and I'm still down six and a half
the Nio was a 4 year old EC6 tested in a version 1 swap station. CNBC are full of it
Why does everything legacy media say sound like a hit piece! It makes me mad but then I realize they are radio shack so I’m good. Even how they say tesllaaaa sounds stupid.
The media has always been the enemy of freedom. It was initially due to Tesla eventually wiping out legacy auto/uaw. The " uNi0n " vote. Now the Bolsheviks that hate freedom of speech are exposing themselves and Ross is having trouble feeding his Gerbil due to high inflation they caused. 🤣🤣🤣 🐹
In China, most people live in apartments where home charging isn’t an option. I think that’s why Nio has pushed for the battery swap idea. However, as charging speeds improve, even for that market, this won’t be a good idea.
Edit: haha, 10 min for the swap. Okay. That did get dumb pretty quick.
Gas powered range extender = IC Engine!!!
Unlike the USA and Europe, there is a huge population of Chinese that live in huge apartment towers that lack the charging infrastructure in the parking lots to accommodate the number of people buying EVs in the cities. The battery swapping model may not be ideal or practical in the USA or for Tesla (who has the resources to build a global Supercharger network) but in China, it allows the sale of millions of more EVs today than would otherwise be possible if they had to wait several years for the installation of enough charging stations in the parking lots of these high-rise apartment buildings.
I've been following BYD and Xpeng closely for years. Imo, BYD will be the dominant automaker pertaining to total sales. They'll surpass VW and Toyota to take that lead. Xpeng will also do well but not as well as BYD. Xpeng is new in the EV market but they're already flexing their manufacturing skills. They released a car this year and got 100k orders. They were only targeting making half of those but pivoted to increase production to match the pre-orders. Now it looks like they'll reach that 100k fulfillment. This proves they can ramp up extremely fast.
Tesla should continue to do well long term but may take a hit in the short term as their European sales are slumping the last couple of quarters. Their California sales are down about 25% this year too which isn't good news as California is their largest EV market in the states.
I figure their sales will be flat this year vs last year, maybe a slight increase but nothing worth mentioning. It's all going to depend on Tesla next vehicle to know a clearer picture. And how long before it comes out. They can lean on the 3 and Y but as more time passes without their next product, they'll lose some market share. The cybertruck may slightly move the needle next year for revenue but they're still be in ramp mode and recouping development Cost.
Once autonomy is solved and approved by countries to drive, Tesla will dominate. Until then, I think Tesla stays relatively flat in their auto business but booming in their energy business. Once their cheap car gets released, which I think it'll be before autonomy is approved, they'll be back on track with high growth.
Ok if you followed BYD for so long, can you tell me how profitable BYD is on the EV cars (excluding hybrids)? I have been trying to find it and read their 2023 annual report but cant find it. Maybe you can point me in the right direction.
@PelleGIT - I don't know. I know BYD is profitable overall, albeit small relative to Tesla. Their margins are razor thin and are counting on quantity for profitability. But I don't know the breakdown of profits between their EV side vs their hybrid side.
@@ronin7645 Thanks for your reply!
Wait...one of the clips showed a movie playing on the right side of the front screen WHILE the car was moving. NHTSA would not allow that feature for sure.
During my free 30 days my car parked perfectly every time. I do appreciate that feature on Tesla
#1 Rule/Formula for writing a successful news "story" in 2024: Use Tesla or Elon in headline and then sprinkle in how Tesla/Elon are being challenged or questioned or rumors about how they might have done something bad somewhere sometime, then mention all the other players that are about to take the crown and how that will lead to the downfall of this mercurial leader and all his companies that probably have too much control and power (and absolutely do not mention Black Rock, State Street, Fidelity, etc. and how much power they have over ALL the companies in the world); This strategy will get you lots of views, discussion and ad impressions, which is the most important thing because we live on ad revenue, this is MORE IMPORTANT THAN THE TRUTH!!! Now, go out there and do some great "journalism" comrades ;-)
Tesla gotta get that fridge, lets be honest. Put it in the mid console, accessable by the armrest. Just Seal it and have the option to run cold ac to it
The Bollinger Bands are looking Poppin’!!🎉
CNBC surprising us with some decent reporting here.
By saying Tesla has been caught flat footed he means Tesla sales have stalled whilst Chinese EV sales have surged because Tesla have been slow to produce a low cost model. Tesla are obviously getting ready to produce some revolutionary models soon.
I watched a video a couple of days ago of a Tesla randomly steering into oncoming traffic and if not for driver intervention - that would not have been a good outcome. It made me have significant skepticism that the FSD is ready for complete autonomy. Prior to investing in the robotaxi takeover of the world, I need to see a lot more data about non-driver-present FSD to really put anything behind it. Do a video on that.
my Chinese friends don't even like BYD, consider them junk lol
I do about 30,000 miles a year in the UK seeing Teslas non stop, I have been seeing more and more BYD lately maybe 2 a day vs 30 Tesla.
Excellent episode SMR! 👏👏👏
The NIO car actually looks pretty nice,subbed
At 18:43 she's watching a movie while she drives. That would seem to be a good way to rack up accidents.
The Lee auto L6 is a hybrid. Not a proper BEV... think a couple of the other low price entries here are also hybrid. They shouldn't be in the line up here. 800+ mile range WITH gas motor range extender... meaning its not on the same price trajectory as a full BEV as battery prices dive. Not sure if it would qualify restrictions on gas cars entering citys which would make them far less attractive.
The battery swapping could be great if it is fast!!!!
About parking on highway... Tesla (v12.3.6, hw3) does not prevent it. It crashes FSD (maybe because it runs on the highway stack), put the car in park, and cut the camera video feed.
And no I'm not parking on highways, but the car believes it is (it easily gets lost on the multiple z-axis layers of road in Boston and in tunnels).
I'm not worried about AI taking over the world. What concerns me is the possibility of rival AI versions attacking each other through the internet, and the potential ramifications of such an AI war.
We need to get AIs duking it out on video games: crash your Grand Theft Auto..❤
Brand loyalty only goes so far. Given equal price for equal vehicles, brand loyalty wins. Given cost differences, brand loyalty will allow some level of premium. However, as that premium increases, more and more buyers will be persuaded to take the lower price, even for less capable products.
20:05 Yeah that parking was a mess!
50 years from now, Tesla will be known as that robot company that also makes self-driving cars. Optimus and the many upgraded models to come will quickly become the main driver (pun intended) of Tesla.
This is painfull to watch...😅
You wonder wich country owns CNBC.
Also for example my 2018 built Model S bumps up the heat if I tell it Im cold... so... yeah😂
The UAW will insist on 1000% tariffs and congress will deliver and non-union workers will benefit.
15:30 if battery swap time is less than half of charge time, then the range requirement is only half that of non swapping vehicles, which reduces battery size requirements by more than half, because of the lower weight as well. It could make sense in high density areas until charge time decreases. And since road trips are a very small portion of drives, you only need an extra 5% batteries above what goes in cars sold to customers, or thereabouts. But, overall, with the extra moving parts of battery swapping, it's not worth it. But stupidly dismissing out right it is stupid.
Its already been tried in Europe. Betterways, bankrupt
Tesla also went through the “presenting auto park on the freeway” phase. Old autopilot, pre-fsd
13:19 Did you hear how loud that seat ventilation was? Thats one of the reasons for the price
Also the fan for the battery when you put the pedal to the metal is extremely noisy and on for way too long, ruining one point of having a EV the quiet factor
Wtf? At 13:18 she turns on the cooling vent seat on the passenger side and says she could feel it when she's on the driver side.
Uber could fit cameras to all their taxis to collect driving data, which they could then sell to auto manufacturers. And Tesla could sell its data to other automanufacturers as well, if it doesn't mind the future competition - which I don't think it does. It's not necessarily the case, that each car manufacturer must create millions of cars with cameras and run them for 10 years in order to collect the data for themselves, just like the language models harvest data from other companies etc.
Can Uber do that? They dont own any of the cars, the drivers do. Also how much would it cost even if Uber could do that?
Uber can’t afford $2B for NVIDIA chips each quarter. Uber has been buying Doritos 😂
Well, as per EM, Tesla is the biggest Chinese EV (any type of Car) manufacturer
That Elon pic should be on a T shirt bro!
"same width and length"
I love how they never reported on USA support for the same.
US subsidies are completely different from the Chinese subsidies. They are simply not comparable.
BTW, NIO is hovering around bankruptcy for years. Trying to keep their business going with gov't subsidies.
Note that Chinese governments down to the province and city level are back their EV companies.
In the US we maybe giving the land and tax breaks but the Chinese go so far as to buy into the companies and provide money.
Spot-on
@@danharold3087 that's economic fascism, no thanks
NIO will fail for sure. The only thing more stupid than battery swapping is hydrogen cars.
@@PaleBlueDotCitizen Indeed. The cost of the hydrogen infrastructure makes battery swapping look reasonable. Which is brain dead for a couple of reasons
Their mistake when comparing Tesla vs everyone else is Tesla is all around better. Between charging network in the US, performance, range, trip software, FSD software, comfort and features.
Good video. 👍 Thanks.
Got to have that image at 1;24 on a tee shirt in time for Halloween.
if there was no threat there would be no tariffs
893 miles for the Ali Auto L6????
wait... i thought size matters
893 mile range.... is that real??
Did you notice the Tesla screen that was edited into the parking demo to make the Chinese car look less inept??
As the legacy cos continue to flounder in the EV space, watch for them to do deals with the Chinese cos to badge Chinese vehicles with their brands and logos. Then finally to simply be subsumed by the Chinese cos. This is how they will access the brand-loyal customers in the rest of the world. It has already happened with Geely, that owns Volvo, and SAIC, that owns MG. This is going to continue on an increasingly large scale, especially in the EV space.
Um, in China most people do not have easy access to "home charging." so batt swapping is not necessarily crazy. you assume China has same "home charging" experience as people in the West. its very different for now...
Agree that battery swapping is a dumb idea.
You pull into a swap station and swap your brand new battery for some random piece of shit.
Impressive, that’s nice.. my company's Tesla cars are one of the best electric vehicles in the world, my company is the best car. And we have more we are working on! Do you own a Tesla car from my company?
Since Elon's endorsement for Trump many people have considered buying Tesla cars and investing in Tesla shares. Great move from Elon, as usual!
And "many people" have considered selling Tesla shares and buying BYD cars and stock. Warren Buffet does not own TSLA. Tell me why that is. Musk and Trump are asocial and completely different to each other. Musk is brilliant.
Righteousness, always rises to the top.
@@Longtack55 Have fun buying shares in a sub par product.
@@Longtack55 Buffet has always missed out on tech, never been his thing, Apple a bit of an exception but he was late to it and it's a "consumer product" Co in his eyes. He wasn't so smart to catch NVDA but instead focused on insurance, rails, candy, Coke.....things he understands. Brilliant investor who knows his limitations.
@@Longtack55
Coz he fucked up.
What ballistic???
Going 10% up from 200 is ballistic?
So what is dropping from 265 to 193?
Remember the stock stood above 410?
Did you forgot? Some side effects of AgingGrass-1 probably 😆😆😆
Deballistic
I'm so tired of the mention of the mythical 400. That was a Covid anomaly. Take a Tesla chart, chop out 2021, and you get a completely different perspective.
@@darylfoster7944 What has Covid to do with it? Afaicr, didn’t Tesla make anything to relief from it. No respirators, no masks, no vaccines.
Simple truth remains, that TSLA is highly volatile, and totally unappreciated by nearly all Wallstreet analysts. 20% up or down is “normal”.
The entire market had a great day. A rising tide lifts all boats maybe?
Isnt grok using an external source for images?
Waymo etc can be compared to the level of intelligence as a robot vacuum cleaner :)
Might be time to retire the I-phone vs Android to make your point. It's been about 8 years since an I-phone was better than a comparable Android. Better to compare Apple fanboys to mainstream auto devotees.
I was about to say the same!
@rarely. I agree with your point !
Apple have lost the plot .
And yet..... Apple still commands most of the profits from smart-phone sales, even though they sell fewer phones than the cheaper Android crowd. And if you want to buy a similar spec Android smart-phone, then you will be paying iPhone prices.
Lolz
@@voidthewarranty1429 Hence the term Fanboys...plus Apple makes it very difficult to switch. But when you finally do you will realize you get a better device for less money.
those cars look like the knock off items you buy at swamp meets
My brain is broken because I can't figure out how something can be the best selling car in a market and being out sold find somebody else in the same market
I agree 👍
That must be 8 Chinese inches Bro! LOL
Bro @Steven please look up an interview just out about Musk done by times radio from England . You will love it 😉
They didn't talk about privacy or safety, which are significant factors outside China, or China brand loyalty, which is not big outside of China. Overall, it's still a fair price.
You can tell Tesla you are cold and it will turn the temp down.
Wow,Tesla is going down so fast,Game over for Tesla!
Just imagine when BYD and NIO advertise in MSNBC.
I wish they had cars to sell on America. Worst Chinese EV has to be better than a Qadillaq Lyriq…
@@FrunkensteinVonZipperneck You havent seen all the self-combusting EVs in China? They are clearly a safety hazard to everyone.
Such a sheit of manipulation from CNBC - again.
25:11 Worker with a long metal bar beating at the front suspension to get something to fit?????
Goes ballistic and it’s half of what it was 3 years ago LMAO
115 more shares purchased today.