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Tesla profit drop in Q4


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  • idibezwada

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  • hyperbole

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  • tacobell fan

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  • AndhraneedSCS

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Posted
17 minutes ago, idibezwada said:

when did it make profit?

Q3 lo full profits post chesaru kada uncle. 

Posted
31 minutes ago, k2s said:

35k ki just car steering , body, tires isthadu anta

migitha anni upgrades chesuntey $60k - 65k authundi

bongu waste ani $1k deposit vapas thesesukunna.. many did the same 

and another reason, govt reduced incentive from $7.5k to$3.5k (exact #, dunno). Electric car konedi main ga tax benefit kosam.. adi kuda leka pothey enduku kontaru janalu.

You are not considering existing price points but he is talking about new price point. The real $35k.

Posted
8 minutes ago, hyperbole said:

Over the air updates and adavaced auto pilot main stream cars lo raniki enko 10 years padutadi. 

In current state Laser/radar based autopilot equipment is huge and costs as much as the car(50-100k) depending on how adavanced it is. Commercial fleet like taxis/uber and delivery vechicles lo vastayi next 3-5 years but main stream car is 10 years away. Tesla brilliantly worked around the problem using its camera tech

Tesla first car vachinde 10 years back. How can other manufacturers need 10 years to catch up?

Posted
18 minutes ago, idibezwada said:

lol..you should be kidding...tesla is only ahead in batter tech...everyone other car company out there can crush tesla when it comes to car tech

the point here that all of us need to admit that makes Tesla standout is the accessibility of the charging network. He openly allowed competition to copy the vehicle design and gave up the patient because he is not stupid to let go the customer base, he quickly realized that charging stations aka fuel stops what make Tesla a special category. He initially approached Merc to assemble the EV but they just ignored. You should really pick his mind on this. 

Even if rest of the competition sell EV for $25k I don't think it can beat Tesla if they don't make charging stations accessible (which I don't think anyone can even build the network with-in 2 years). he invested lot of time and money on the supercharging stations. Just look at the map.

Posted
Just now, AndhraneedSCS said:

Tesla first car vachinde 10 years back. How can other manufacturers need 10 years to catch up?

I am telling that’s what it takes competition to catch, Tesla is tech first and car next but if conventional car company has to transform like tesla 10 years time is what it takes is my point

Posted
2 minutes ago, AndhraneedSCS said:

Tesla first car vachinde 10 years back. How can other manufacturers need 10 years to catch up?

Tesla First (Roadster) car is not meant for what EV is today. The real tesla came out in 2012 with Model S.

Posted
7 minutes ago, tacobell fan said:

the point here that all of us need to admit that makes Tesla standout is the accessibility of the charging network. He openly allowed competition to copy the vehicle design and gave up the patient because he is not stupid to let go the customer base, he quickly realized that charging stations aka fuel stops what make Tesla a special category. He initially approached Merc to assemble the EV but they just ignored. You should really pick his mind on this. 

Even if rest of the competition sell EV for $25k I don't think it can beat Tesla if they don't make charging stations accessible (which I don't think anyone can even build the network with-in 2 years). he invested lot of time and money on the supercharging stations. Just look at the map.

I own a other EV, last week was running low on charge and had to find a nearest charger at a mall  on PlugShare app, made there only to find a effing leafs hooked on those slow charging buggers, literally had to wait 3 hours to get my turn and only then I realized what it is to have a tesla supercharger

Posted
12 minutes ago, tacobell fan said:

the point here that all of us need to admit that makes Tesla standout is the accessibility of the charging network. He openly allowed competition to copy the vehicle design and gave up the patient because he is not stupid to let go the customer base, he quickly realized that charging stations aka fuel stops what make Tesla a special category. He initially approached Merc to assemble the EV but they just ignored. You should really pick his mind on this. 

Even if rest of the competition sell EV for $25k I don't think it can beat Tesla if they don't make charging stations accessible (which I don't think anyone can even build the network with-in 2 years). he invested lot of time and money on the supercharging stations. Just look at the map.

okay. I'll make a tesla compatible charging station and opensource it. 

Posted
25 minutes ago, hyperbole said:

Over the air updates and adavaced auto pilot main stream cars lo raniki enko 10 years padutadi. 

In current state Laser/radar based autopilot equipment is huge and costs as much as the car(50-100k) depending on how adavanced it is. Commercial fleet like taxis/uber and delivery vechicles lo vastayi next 3-5 years but main stream car is 10 years away. Tesla brilliantly worked around the problem using its camera tech

checkout waymo its the same tech...lot of automobile companies can produce cars with the same tech for lot lesser price

Posted
23 minutes ago, hyperbole said:

20180730_Tesla_Sales.jpg

its not about the sales uncle..its about the money they are making on each car which matters to the investor...there is no point in selling the cars if they are loosing money on each car

Posted
22 minutes ago, tacobell fan said:

Q3 lo full profits post chesaru kada uncle. 

i didn't knw it...whats the profit they made on each car sold?

Posted
18 minutes ago, tacobell fan said:

the point here that all of us need to admit that makes Tesla standout is the accessibility of the charging network. He openly allowed competition to copy the vehicle design and gave up the patient because he is not stupid to let go the customer base, he quickly realized that charging stations aka fuel stops what make Tesla a special category. He initially approached Merc to assemble the EV but they just ignored. You should really pick his mind on this. 

Even if rest of the competition sell EV for $25k I don't think it can beat Tesla if they don't make charging stations accessible (which I don't think anyone can even build the network with-in 2 years). he invested lot of time and money on the supercharging stations. Just look at the map.

if ev goes into mass market i am sure there will be a common charging accessory for all ev cars...mostly people with own homes prefer ev and that too as a second car at least for the next 10 yrs

Posted
3 hours ago, tacobell fan said:

Tesla CEO Elon Musk dropped an email to employees last night at 1am PT which was posted to the SEC and on its own News site.  In it, he details the challenges ahead for Tesla as it tries to reduce the price of its Model 3 to the $35,000 price point and make its other products more competitive to fossil fuel equivalents. 

The standout statistic is that Tesla will reduce its workforce by 7% to try to make its products more cost competitive. That 7% doesn’t seem dire when shown against the 30% employee growth Tesla accumulated last year.

Tesla also again plans to retain only the “most critical temps and contractors” as well. This is after Musk ran a brutal review of contractors last year after he found that a great deal of waste in the sector at Tesla.

Musk also noted that Q4 wouldn’t be as profitable (but it would still be in the black) as Q32018 in which Tesla reported its first significant profit of $312 million.

Tesla (TSLA) shares are down in mornings pre-trading almost 7%.

@sinthakaai

Posted
4 minutes ago, idibezwada said:

checkout waymo its the same tech...lot of automobile companies can produce cars with the same tech for lot lesser price

Waymo uses radar equipment and itself costs as much a car, waymo in it’s current iteration/intial offering is intended more for a taxi service than a main strean car. Although it offers a higer degree of automonous the radar equipment looks ugly sitting on top a car and needs to be miniaturized

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