EV hype train rams into reality

Status
Not open for further replies.
"EV hype train runs into reality"

Uh no, it didn't. The financial returns of one company are largely irrelevant except to the stockholders of the company. And culture warriors.

On the contrary, the lower prices of used EVs are making it more likely that I'll acquire one sooner.
 
atikovi said:
If he lost $28B, he is selling the cars too cheap or his costs for labor and materials too high.
Click to expand...
That figure is a reflection of the drop in the stock price rather than corporate earnings. Tesla still made money last quarter but less of it due to a small reduction in profit margins.
 
It is clear that GM, Ford and others are not mass producing world class EV's yet. As the numbers are paltry. Is that a consumer based "reality" or a production based reality.

As for Tesla stock, it is, and has long been, a wild ride.
 
Brons2 said:
"EV hype train runs into reality"

Uh no, it didn't. The financial returns of one company are largely irrelevant except to the stockholders of the company. And culture warriors.

On the contrary, the lower prices of used EVs are making it more likely that I'll acquire one sooner.
Click to expand...
Toyoda says differently in the article. Its fact now that anyone who wanted an EV now has one, and agree prices will continue to drop. Its a shame market share hasn't breached 20%, that would be a tipping point in my mind.
 
A few dealers in my area (Hudson Valley, NY) feel that the segment of the population that bought them will buy future models but that the overall pool of EV purchasers is already saturated and not likely to pull in bigger numbers in the current market. Small opinion but relevant.

I'm about a year away from a new purchase. EV no go for me. I am open to a hybrid but not anything that is a requirement like a HUD is for me. Priorities ;)
 
I don't know if it's indicative of EV popularity, but that chargepoint and lithium stock I bought to ride the popularity dove hard. Luckily I didn't invest a ton, but the "dip" has been rough.
 
Wingo said:
I don't know if it's indicative of EV popularity, but that chargepoint and lithium stock I bought to ride the popularity dove hard. Luckily I didn't invest a ton, but the "dip" has been rough.
Click to expand...

Chargepoint bet on the wrong horse and now has to retool.

Not sure if you bet on mining or refining?

On lithium mining here seems to be plenty of it with more being found every time we look.
Refining seems to be the lithium bottleneck.
 
UncleDave said:
Chargepoint bet on the wrong horse and now has to retool.

Not sure if you bet on mining or refining?

On lithium mining here seems to be plenty of it with more being found every time we look.
Refining seems to be the lithium bottleneck.
Click to expand...

All Chargepoint has to do is sell a replacement cable with a NACS connection and the station owner needs to pay a small amount to have that swapped out. Their charging stations are modular with cable swapping designed into it... from what I've seen they already have working NACS charging if you fast forward through the Munro Live video they just put out... I'm not sure that at all equates to betting on the wrong horse?
 
UncleDave said:
Chargepoint bet on the wrong horse and now has to retool.

Not sure if you bet on mining or refining?

On lithium mining here seems to be plenty of it with more being found every time we look.
Refining seems to be the lithium bottleneck.
Click to expand...
Chargepoint has installed too many low amperage chargers. If it's not DC fast charge up to the max capability of the vehicle, what's the point? I was plugged into the charger at my office and only got like 20% in 3 hours. That isn't worth paying for, IMO.

Same thing when I plugged into Chargepoint at the Domain mall in North Austin. Got around 17% in 2 hours. The only funny part of that interaction is when the Tesla owner who was pulling out told me that the spot was for EV cars only. I had to tell her that the VW ID.4 is an EV.

When I took it to Electrify America, it charged to 100% in less than 40 minutes while I was at lunch next door. When my phone went off, I went and moved it, then came back and finished my lunch.
 
dogememe said:
All Chargepoint has to do is sell a replacement cable with a NACS connection and the station owner needs to pay a small amount to have that swapped out. Their charging stations are modular with cable swapping designed into it... from what I've seen they already have working NACS charging if you fast forward through the Munro Live video they just put out... I'm not sure that at all equates to betting on the wrong horse?
Click to expand...

Doing a wholesale swap out seems pretty expensive but maybe it's not?
 
cptbarkey said:
Its fact now that anyone who wanted an EV now has one, and agree prices will continue to drop.

Its a shame market share hasn't breached 20%, that would be a tipping point in my mind.
Click to expand...
Most people haven't been exposed to EVs in a meaningful manner but they do experience a constant barrage in negative information. There's no doubt to where political influence money and advertising money from petroleum producers and automakers is going.

Market share will breach 20% but perhaps the growth will be slower than previously thought.
 
Status
Not open for further replies.

Similar threads

M
1 Week Review - 2025 Toyota Tacoma Hybrid Limited
3 4 5
Replies
96
Views
35K
meep
john_pifer
  • Locked
Ran My First Full Road Marathon - Race Report!
2
Replies
32
Views
3K
Wolf359
wwillson
  • Locked
Pennzoil API SN Plus & 0W-16 Q&A - Answers
Replies
17
Views
18K
Barn01
D
  • Locked
Capacity / Film Strength Oil Test 48 Oils.
Replies
18
Views
31K
yvon_la
D
  • Locked
Exxon Mobil
Replies
19
Views
16K
MolaKule
Back
Top Bottom