Those ranges are always stated as “up to…”
They ought to also state the lower end assuming a full battery charge.
Handling will be interesting. The thing must be hella heavy. And EV manufactures always tout the 0-60. What if an elk crosses the road and you need to do 60-0 really fast in one of those heavy things?
Sorry, but the keeping prices the same and seller fewer cars isn’t financially viable. The fixed cost of all the new factories is too high. For all of Elon’s flaws, he’s smart enough to realize the factories must be running at or near capacity.
More pipe dreams about “revenue changing events”. We’re hitting peak EV sales at least in the short-term. That’s bad for a company that only makes EVs.
Never underestimate the ability of the Democrats to fuck things up.
If Biden or Newsom gets elected look for $10/g gas to force people into EVs. Even though hybrids make more sense.
I stopped reading Alexandra’s long reply after his first point that only Tesla has hardware revenue in Mag7. 100% (not 99% but 100%) of NVIDIA’s revenue comes from hardware. He sounds like ChatGPT - supremely confident but full of BS.
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Sometimes when people wrote, they exaggerate a bit or get certain facts wrong. Normally I ignore if not so important. Her main point in that sentence is “not enough SAAS income and profitability”. Some people called it software, service, doesn’t matter to me… I merely read it as non-hardware.
$10 a gallon gas - or any price high enough to force people into EV’s - would be short-lived. It would ruin the whole economy and lead to an electoral bloodbath.
Between consumer resistance, shortages of rare earths and not enough grid power to run more than a small number of EV’s look for a 180 back to gas powered cars once the EV buzz dies down and people realize just how limiting a means of transportation EV’s really are. It could sink the Big 3 who have put all their eggs in that basket. Asian automakers will end up dominating the whole US car market. Even Chinese automakers as, absent labor and environmental controls they can pivot and ramp much faster than we can.
Exactly, hanera. Her main point is wrong. Tesla has much more revenue in SaaS/software compared to NVIDIA. That’s not why their market cap is low.
Often time, people give you a clue that they are a BS artist. I tend to use that to my advantage by ignoring them. YMMV.
You can only home that $10/gallon would lead to electoral bloodbath. Requires smart voters. Dems are great at convincing folks to vote against their self interest. Why did we send $60B again to Ukraine?
Rare earth metals are not rare BTW. The biggest problem with EV is that they are expensive, when you consider what economists call externalities. And, with govt subsidies, market has not innovated.
The Democrats and environmental Nazis are more insidious than you even know. Their bumbling stupidity will make make our food sources and farm economy go away. Ever noticed where all our food comes from. Look at your food labels. Increasingly our food is coming from Mexico, Chile, China, Brazil. They have no EPA no unions and no restrictions. Our farmers are hog tied and shit upon all the time. My little farm has to comply with state and county regulations that makes farming prohibitively expensive. I have to follow rules from several agencies that have cross competing regulations. I have to prove my insecticides and run off complies with the regulations of several different government agencies. It is not economically feasible to sell even one dollars worth of produce. Even though I can grow 10,000 pounds of fruit. This wacko government policy means that millions of pounds of produce isn’t available for California consumers. We are so worried about being independent from China forpharmaceuticals and silicon chips, meanwhile we are forcing farmers to not grow food. We are going to be totally dependent on foreign sources of food…
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Somehow we read things differently. My interpretation is: She is giving reasons for price cuts in TSLA cars, not explaining why market cap of TSLA is low. Since hardware revenue is very high while SAAS revenue is comparatively much lower, so price cuts should come from hardware side.
$10 gas when?
$10 gas in 2050 would probably be considered cheap if minimum wage in 2050 is $50.
Anyway I bet low gas price is much more likely than high gas price. We are decarboninzing our economy, so do many other advanced economies. And we are already the biggest oil producer, and getting bigger everyday.
Less demand and more supply. Don’t bet on $10 gas. Unless there are big wars of course.
Urbanites, Democrats, environmentalists, socialists have declared war on rural America. People in blue cities have no idea how much they are hated. The current Ca $1 tax per gallon could easily become a $5 tax. They have the votes in Blue states and are trying to take the Presidency senate and house in 2024. If they do the the New Green Deal will destroy rural America and the rest of the economy… all in the name of fighting climate change… without any scientific plan to actually stop climate change… if they are serious there would be 100 nuclear power plants being built. I doubt any will be built in the next five years. In fact there real agenda to take down capitalism, individualism and the American way of life.
Here is one example of an attack on farmers. Sounds good to city slickers. As they say in Texas whiskey is for drinking. Water is for fighting…
California water policy is insane.
Nuclear is making a comeback in America.
There is a new wing of Dems forming. These people are pro housing, pro development and pro nuclear. Basically a critical mass of people on the left now agree we need to build our way out of climate doom.
Abundance is the key.
It’s not rocket science. Tesla’s valuation is lower because they make less money than before.
I mean, not only has their earnings growth slowed down (therefore given a lower PE ratio), it is negative right now.
A PE ratio of 80 is kind of insane in that condition unless you really think earnings are going to rebound in the coming 1:2 years. I think they will especially including Energy growth, but that still isn’t showing a lot of obvious upside at current price levels.
However I’ve detailed in previous posts where that can change quickly in the next 12 months.
maybe
Enjoy your smug world of Urban dystopia and decay …. this piss ant reactor took over 15 years to build and is drop in ocean of needed capacity.
Meanwhile the EPA and wackos are determined to kill us all. I will not follow their insidious plan to be able to sell fruit. I would rather dump the rotten remains on Newsoms lawn. As far as liberals are concerned I am a discharger, Not a farmer that can help feed our homeless. Pathetic state of affairs where I can be fined up to $5000 for providing food to the needy…
The nuclear plant in Georgia took 14 years and is billions over budget. Thanks to environmental wackos.
Gerber has moved over from X to Zuckerverse.
Optimus?
