Tesla stock drops on Q4 earnings miss, EV maker warns production growth rate will be 'notably lower' than 2023
Tesla stock drops on Q4 earnings miss, EV maker warns production growth rate will be 'notably lower' than 2023
Tesla reported Q4 earnings that missed estimates and issued a downbeat full-year production outlook.
I'm enjoying this. Also Musk went out and said that he wants barriers on trade or else the Chinese companies will dominate the market.
I thought Musk would be happy, because he truly wants to save the planet doesn't he? It shouldn't matter if he or someone else makes the best electric cars then?
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Could it be because among affluent, environmentally conscious consumers, it's no longer cool to be driving a car made by an unhinged right-wing narcissist?
Musk said on the earnings call that his concern would be, given his current shareholding, that he will have "so little influence" in the future that some major shareholder could strip away his control or make a bad decision.
Or could it be a consequence of dumping shares to fund a megalomaniacal need to own a social media platform?
I'd say it's more that he's saturated the early adopter market. Selling to a more cost and quality conscious market is harder. The fact consumer reports rates their cars less reliable than McDonald's ice cream machines is a bigger problem than Musk's ego.
I have no major issues with my car but for the money, the build quality was crappy. It’s not what you’d expect for a car of that cost.
Might be different over there, but here Teslas are a great deal. There aren’t yet a lot of cheaper cars than the model 3, and none can beat the range at its price. Compared to Volkswagen, you get a prettier car, with more range and a heck of a lot better infotainment system, as well as some neat included features (like heated seats)
A) There are way cheaper alternatives, with better build quality
B) A Tesla will flat out lie to you about its range
First, the only range that I consider is the one that is brought by standardised tests, such as WLTP and EPA standards. While they may not be realistic (WLTP in particular is terrible) but at least they give a consistent frame of comparison.
Now, if there are better alternatives, do present me with some! The only remotely interesting one i can think about is the ioniq 5, but hyundai in my country has their head up their butt, and you can't see prices on their website. From external reviews, the 5 is competitive with the long range Model 3 from tesla. However, on the lower end, the only real alternatives I am aware of are from Volkswagen, which A are more expensive with a lower WLTP range estimate, B are smaller and in my opinion look kinda boring, and C probably have a way worse infotainement system (although I'm curious if Volkswagen has managed to fix it, I've heard mixed things about their latest models).
Electric cars generally have heated seats. Since heat doesn't come as a free byproduct, it's more efficient to keep occupants warm by heating the seats than the air.
“or make a bad decision” is hilarious. Like say, insist that the company spend 4 years developing a bizarrely impractical truck that Elton himself said they “dug their own grave” with?
Musk said, adding that he's "not looking for additional economics; I just want to be an effective steward of powerful technology."
Oh yes, we all believe this techno Jesus crap at this point. Right.
bad decisions, like making a truck that looks like... that...
I'm not entirely sure how to phrase this, but... Today there are choices...