Tesla profit drop in Q4

[hyperbole]

8 minutes ago, idibezwada said:

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

They made $312 million in profit if I am not wrong

[idibezwada]

Just now, hyperbole said:

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

nuvvu tech annav...malli looks antav endi...its being used as a taxi service bcz google dont own a car company.. and same tech mainstream teskutradam is not a big deal...auto companies are just waiting for the right time

[hyperbole]

10 minutes ago, idibezwada said:

nuvvu tech annav...malli looks antav endi...its being used as a taxi service bcz google dont own a car company.. and same tech mainstream teskutradam is not a big deal...auto companies are just waiting for the right time

Tech + Car leka pote you can rest your case.

In current state it is not practical/possible to match Tesla interms of cost and design is my point with regards to autonomous driving. 

[Thadimattaya]

38 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.

They don't have to set up a charging station Network. Once all the traditional car makers focus changes to Electric cars, then all the traditional Gas stations will setup electric charging points. Then this will be a big blow for Tesla. Do you think all those Gas stations and Oil industries will just let their efforts and business go in Vain?? Companies always make sure they'll make money one way or other. Introducing Electric charging in Gas stations will be a big advantage which will push customers to buy more electric cars. 

[Thadimattaya]

16 minutes ago, hyperbole said:

They made $312 million in profit if I am not wrong

I guess Tesla made that profit by taking back the advances it paid to their vendors for parts. As the demand has slowed down and few reservations are canceled, they wanted to get their money back and show some profit in order to reduce all the backlash that Musk has been facing all along on running a company with no profits since the beginning. Elon Musk spent so much money on R&D, and setting up their production units, which traditional car makers don't need.  Android and Apple are working on AutoPilot software. Once it is in the market they can use it just like they're using Android Auto and Apple Carplay.

[hyperbole]

12 minutes ago, Thadimattaya said:

They don't have to set up a charging station Network. Once all the traditional car makers focus changes to Electric cars, then all the traditional Gas stations will setup electric charging points. Then this will be a big blow for Tesla. Do you think all those Gas stations and Oil industries will just let their efforts and business go in Vain?? Companies always make sure they'll make money one way or other. Introducing Electric charging in Gas stations will be a big advantage which will push customers to buy more electric cars. 

It is like people arguing 10 years ago amazon can’t beat walmarts, sears and targets of this world. They slowly swept under the rug by establishing their warhouse network, now there are at a point where there killing brick and mortar one after the other. Tesla is doing something similar here, it is building it’s exclusive tech and charging network, a tesla works with  it’s own and other charging stations as well that is a difference maker here.

also the gas station will not be going anywhere is next 10-20 years

[idibezwada]

9 minutes ago, hyperbole said:

It is like people arguing 10 years ago amazon can’t beat walmarts, sears and targets of this world. They slowly swept under the rug by establishing their warhouse network, now there are at a point where there killing brick and mortar one after the other. Tesla is doing something similar here, it is building it’s exclusive tech and charging network, a tesla works with  it’s own and other charging stations as well that is a difference maker here.

also the gas station will not be going anywhere is next 10-20 years

and still amazon is loosing money each day...it only matters till when the company will survive to see all brick n mortar die

[tacobell fan]

53 minutes ago, uttermost said:

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

Who will pay for the real estate, building the network and high voltage power supply? Don’t tell me people just open up on their own. If the whole discussion is to simply oppose and not admitting facts this never ends. You have to experience it before you say it. 

[tacobell fan]

22 minutes ago, Thadimattaya said:

They don't have to set up a charging station Network. Once all the traditional car makers focus changes to Electric cars, then all the traditional Gas stations will setup electric charging points. Then this will be a big blow for Tesla. Do you think all those Gas stations and Oil industries will just let their efforts and business go in Vain?? Companies always make sure they'll make money one way or other. Introducing Electric charging in Gas stations will be a big advantage which will push customers to buy more electric cars. 

Why would a gas station transfer to EV station. Reality is different. Without the landlord gets incentive they won’t  invest and convert to let you charge. Tesla has free charging to its fleet except Model 3. But their networks are so good that you cannot deny the facts. 

[AndhraneedSCS]

14 minutes ago, hyperbole said:

It is like people arguing 10 years ago amazon can’t beat walmarts, sears and targets of this world. They slowly swept under the rug by establishing their warhouse network, now there are at a point where there killing brick and mortar one after the other. Tesla is doing something similar here, it is building it’s exclusive tech and charging network, a tesla works with  it’s own and other charging stations as well that is a difference maker here.

also the gas station will not be going anywhere is next 10-20 years

Are you referring to AWS?

[dasara_bullodu]

8 minutes ago, idibezwada said:

and still amazon is loosing money each day...it only matters till when the company will survive to see all brick n mortar die 

Most brick and mortar are still working just fine. Walmart, Macy's, Target etc. Sears is already a dead store since long time. Toys R US is too specific towards one kind of market. People in a prosperous society are typically not lazy assoles. I see cannibalism in tech once consumer sentiment drops ... Tech 1.0 just ended with Iphone X, this is just the beginning of Tech 2.0 .. new players and new countries will emerge

[idibezwada]

8 minutes ago, tacobell fan said:

Why would a gas station transfer to EV station. Reality is different. Without the landlord gets incentive they won’t  invest and convert to let you charge. Tesla has free charging to its fleet except Model 3. But their networks are so good that you cannot deny the facts. 

uncle gas station makes peanuts on gas..they make most of the money on groceries..an ev car owner atleast waits 20 mins..so obvious tht he picks up more junk from the station

[idibezwada]

6 minutes ago, dasara_bullodu said:

Most brick and mortar are still working just fine. Walmart, Macy's, Target etc. Sears is already a dead store since long time. Toys R US is too specific towards one kind of market. People in a prosperous society are typically not lazy assoles. I see cannibalism in tech once consumer sentiment drops ... Tech 1.0 just ended with Iphone X, this is just the beginning of Tech 2.0 .. new players and new countries will emerge

y r u quouting mee and telling all this uncle?i didnt say all bnm are dying noo

[tacobell fan]

29 minutes ago, idibezwada said:

uncle gas station makes peanuts on gas..they make most of the money on groceries..an ev car owner atleast waits 20 mins..so obvious tht he picks up more junk from the station

It thought we are discussing how Tesla supercharging network out weighs competition rather how a gas station owner makes money. There is a lot more going on here. BMW wants to create their own EV plug for their vehicles, while Porsche wants their own and there is no industry standard (by maintaining their version of charging plug will lock the customers to lock into their eco-system).  So there is no way all these automakers create a EV charging network overnight. Rest of the industry is capable to do it but they don't want. 

[hyperbole]

53 minutes ago, idibezwada said:

and still amazon is loosing money each day...it only matters till when the company will survive to see all brick n mortar die

They are losing money becuase they funding their growth by building new warehosuses and expaning to other countries same with Tesla. If either stop funding their growth they will make money but their stock will be a rock like some ultities company, if Tesla is content with model S  they would be making a 100-200 million a quarter but their stock would be trending at $30 like other car manufacturers, unfortunately that’s not how the publicly listed companies work and it is all about how well and how much can they grow?