Elon Musk #2

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I understand that. I'm not looking at market cap, I'm looking at how much they actually produce. Frankly, I don't think Tesla's stock is grounded in reality, so I look at production instead. I say that as an investor in Tesla. By every other marker, VAG (and the others listed) are much, much bigger.
EV sales are less than 3% of total sales.
You understand they sell every car they make right now. Name another manufacturer that can say that.
All good...
 
GM is getting in to EVs in a big way. So Tesla is no longer playing in the game alone. Then you have other fringe players like Rivian, and the like who may take incremental sales away.

This segment is going to be interesting to watch.
Yes, it has been interesting and will be interesting to watch.
GM has been into EV for a while with the Volt and Bolt.
Porsche and Audi, no engineering slouches, delivered products that fell far short or their promises.
The Rivian ans promise as does the F-150.

Interesting times ahead.
 
EV sales are less than 3% of total sales.
You understand they sell every car they make right now. Name another manufacturer that can say that.
All good...
You just made my point. EV sales are 3% of all sales. Tesla doesn't sell 100% of EV vehicles. So despite the fact that they "sell every car that they make", they are still fighting an uphill battle against manufacturing giants such as VAG, Toyota, Renault-Nissan, etc. It's really not hard to see that, even in 5-10 years time, the giants in the automotive industry will still be giants.
 
EV sales are less than 3% of total sales.
You understand they sell every car they make right now. Name another manufacturer that can say that.
All good...
The main thing people miss is that Tesla is way more than a car manufacturer. There's a reason why Tesla has $522B market cap, more than 2x of Toyota
 
GM is getting in to EVs in a big way. So Tesla is no longer playing in the game alone. Then you have other fringe players like Rivian, and the like who may take incremental sales away.

This segment is going to be interesting to watch.

Every time someone says EV's aren't the future, which may be the case, another major automaker jumps on board and is going full throttle with EV's.
 
Ya ! and they told Henry Ford that contraption will never replace the horse.
like it or not EV's are most likely the future.
Seems that way whether we like it or not. I don't expect the ICE to go away anytime soon nor do I want it to but EV's are rising fast.
 
Seems that way whether we like it or not. I don't expect the ICE to go away anytime soon nor do I want it to but EV's are rising fast.
I'm with you buster, i have no intention of owning a EV but at some point it may become inevitable.
 
Every time someone says EV's aren't the future, which may be the case, another major automaker jumps on board and is going full throttle with EV's.
Remove government mandates and incentives on EV vehicles and see if they are that anxious to jump on board.
 
Remove government mandates and incentives on EV vehicles and see if they are that anxious to jump on board.
I am not familiar with a government mandate on EVs.
Tesla Federal tax incentives ran out a long time ago.
Other EVs may still be eligible, but their sales are small in comaprison.
So I'm not sure how well the Federal tax incentive is helping them. Plus discounts...

Do you think GM would still be around without the federal bailouts?
Chrysler got a huge bailout and is now owned by FCA.

So just which mandates and incentives are you referring to?
 
The main thing people miss is that Tesla is way more than a car manufacturer. There's a reason why Tesla has $522B market cap, more than 2x of Toyota

SpaceX is not a part of TSLA stock other than giving it a boost from Elon’s success with it, if you were implying that. The stock is overvalued from a strictly car and battery manufacturing perspective but maybe that is just me upset I didn’t buy in earlier.
 
I am not familiar with a government mandate on EVs.
Tesla Federal tax incentives ran out a long time ago.
Other EVs may still be eligible, but their sales are small in comaprison.
So I'm not sure how well the Federal tax incentive is helping them. Plus discounts...

Do you think GM would still be around without the federal bailouts?
Chrysler got a huge bailout and is now owned by FCA.

So just which mandates and incentives are you referring to?
You do live in California, or is this fake news?

California will require all passenger vehicles sold in the state be zero-emission by 2035 | TechCrunch

As well, rising EPA mpg standards (see new gov't being put in place) will only be met with a certain percent of EVs in the fleet.
 
EV sales are less than 3% of total sales.
You understand they sell every car they make right now. Name another manufacturer that can say that.
All good...
I think all car companies sell every car they make right?
Do they crush the ones they cant sell?
That statement makes no sense.
I think once the big boys ramp up EV models they will make a better car and under cut Tesla in price.
Remember what they did to Preston Tucker?
 
SpaceX is not a part of TSLA stock other than giving it a boost from Elon’s success with it, if you were implying that. The stock is overvalued from a strictly car and battery manufacturing perspective but maybe that is just me upset I didn’t buy in earlier.
That was quite random, I haven't talked about SpaceX at all. If you don't know how exactly Tesla operates and innovates, that's on you. No need to try insulting others. Don't buy if you don't want to
 
I think all car companies sell every car they make right?
Do they crush the ones they cant sell?
That statement makes no sense.
I think once the big boys ramp up EV models they will make a better car and under cut Tesla in price.
Remember what they did to Preston Tucker?
Tesla sells direct to customers, unlike other manufacturers who sell to dealers.
Oftentimes cars sit unsold on dealer lots. Ultimately they get sold, so yes.
My point is, Tesla operates at capacity; demand is still greater than supply.
I believe they may be the only manufacturer who grew substantially during the 2020 pandemic.

I am not sure which big boys you are referring to, but the mighty Porsche Audi team fell far short of their own promises.
GM introduced the Volt in 2011 and the Bolt in 2016.
I wish the other manufacturers luck, as the consumer becomes the winner.
 
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