Mainstream brand EVs surpass Tesla in customer appeal
- Thread starter Ws6
- Start date
1 whole month!
edyvw
$50 site donor 2025
Didn’t you have orgasm every time Musk posted some sale numbers regardless that we were telling you that his numbers can’t go anywhere but up considering it is new company?
Also, should we talk ALL vehicle sale?
You really didn't believe that Tesla could take the big boys on for very long did you? Elmo is rearranging the deck chairs as we speak. LOL
Kudos to BMW; taking on the leader is pretty tough to do and not losing $$ on EV sales is pretty rare. BMW is showing bold leadership reinventing their company and is well poised for the future. The Neue Klasse sedan and X will be world changing vehicles.
BMW Group took the overall July crown by a whopping 300 cars; Europe’s best-selling EV last month was still the Model Y by a large margin, with 9,544 sales. Perhaps check YTD or full Q2. Of course you know the Model Y is #1 and Model 3 is #2 YTD in Europe, right?
What do you think will happen when the new Model Y comes out?
From a business measure, Tesla is more valuable than the next 8 car companies combined... 4x than the great BMW alone.
That darn arithmetic!
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What a stupid thing to say. Your level of communication is perverted.
You wanna discuss cars, business, etc. that's fine. But keep your crap to yourself.
edyvw
$50 site donor 2025
For years only perverted thing here is adoration of certain person. Sales numbers this, sales numbers that, giga this, giga that, valuation this, valuation that.
Those pesky facts...
Again, you wanna discuss BITOG stuff, cool. Otherwise keep your crap to yourself. I try and treat people with respect. Do the same.
edyvw
$50 site donor 2025
Yeah, I just posted one few posts earlier.
I swear some people around here wear their hate for EVs and certain car companies on their sleeve. It's not our fault that facts are facts and it shouldn't be a constant measuring contest every time this stuff is discussed. It's not a team, we don't need to route for one over the other. I'm about as anti one brand as anyone can be. Heck I've never owned more than two of the same brand in the history of my car buying.
The numbers are the numbers. How we get there is up for interpretation, but the results are not.
The numbers are the numbers. How we get there is up for interpretation, but the results are not.
edyvw
$50 site donor 2025
Yes, numbers are numbers.
Few years back I mentioned big boys, and someone here never fails to mention that.
So, I am just posting news about big boys.
Why always market cap? In every other metric Tesla is way down in comparison. What about Tesla's P/E ratio of 64.3.
https://companiesmarketcap.com/automakers/automakers-ranked-by-pe-ratio/
What about total assets?
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P/E ratio; fair point. Let's take a look.
Low P/E ratios are often considered value stock, with room to grow. But not in VW's case.
Tesla's high ratio gives it growth potential, according to the forward looking market.
Strike a Linear Regression line over the last 5 years for VW and TSLA. What do you get? Where would you put your money?
Of course if you use a longer timeline it is not fair; VW looks like a junk stock in comparison.
I like your asset comparison. Who get the best ROA? Who has aging, scattered factories (a procurement nightmare) and ill suited for new product development.
"No longer competitive." in their own words.
This is a key reason I salute BMW for their brave steps forward. Of course mistakes will be made, but in business you grow or you go.
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edyvw
$50 site donor 2025
Same people who equate economy to stock market.
Also, BMW caught up on dual platform.
I would say it the opposite of what you theorize. P/E has little to do with the actual value of the company just the value of its stocks, if the stock drops Tesla has much less value than many of the other companies. We all know Tesla is way over valued. I much rather own VW than Tesla.
Personally I like owning both, but I will say I do think Tesla's valuations are a bit inflated. It has a lot to do with manufacturing cars not being their only drive, even if that drive is misguided.
You might wanna read up on P/E ratio.
Is Tesla way over valued? The market doesn't think so given they set the value, right? Why is that, do you think?
I really admire VW CEO Blume. I'm sure you have read his comments on rebuilding VW for the future; unfortunately his efforts over the past 2 years have yet to accomplish much. I believe he will get there.
"Generations of people associate the strong brands of the Volkswagen Group with their first car – and with affordable mobility. As a group with strong brands, we continue to assume this social responsibility to this day. That's why I'm very pleased that we're launching a future-oriented project. It’s about entry-level electric mobility from Europe for Europe.”
Blume has stated future vehicles will be reliant on software. He made a bold strategic move as Volkswagen announced an investment of up to $5B in California's EV start-up Rivian. The two groups will form a joint venture to develop new software and Volkswagen will immediately gain access to Rivian’s EV architecture.“In terms of a big tech transformation, you can’t do it all on your own”, Blume told the Financial Times. “It should be a win-win situation . . . The motivation from our side is to speed up software transformation at Volkswagen in all our brands. Rivian has best in class architecture . . . Volkswagen has the scale”.
Everyone comes to Palo Alto for tech... There's a reason for it.
There is so much more. The future is bright; the future is exciting. It will take strong, effective leadership.
There's another dimension to Tesla's business model that just doesn't translate to the standard automotive market. Some say it is inflated and it's possible that it is, but it just doesn't value on the same metrics of a standard automaker.
VW is a brand that has completely lost its way. I've talked to many sales guys at my local dealer and the big push they had as a sales point was teaching people how to drive manual transmissions. It's an interesting quirk that not only makes a sale, but likely makes an enthusiast. That's done next year outside of the Jetta GLI which will lose a manual a bit later. I get what VW is done. The niche they existed in for many years is going away. Almost no one wants a small car with a manual transmission. They're now just making various sizes of crossovers that don't have a whole lot of VW identity. Are they nice vehicles? I'm sure they are, but they don't galvanize a hardcore enthusiast for a brand.
VW is a brand I've always loved, but never bought from until recently. By the time I actually got to the point of buying one I've been watching the demise. The MK7.5 GTI is regarded as the best variation of the GTI to date, even over the new MK8. I didn't know that buying it. I just liked the car and was realizing a childhood fantasy of buying a turbo hot hatch. I fell in love with the car. As I learned more I realized I bought the perfect version by accident. All the VWs I've lusted for over the years are all a sign of the times. There's no modern example of the G60 Corrado I tried to buy when I was in high school. I'll never forget that car even though I wasn't able to buy it at the time. I know the person it would have made me be as a car enthusiast looking back at it. It made me a VW enthusiast even though it took me 20+ years before I actually bought one.
The thing that interests me as an enthusiast is going away. I do love EVs too, but the brands I typically lean on aren't doing well at this. VW especially. That's what got me into Tesla. I don't think they're perfect, but the fact that they're doing well with a small sedan reminds me a lot of what the drive was for small VWs. I think the actual market and the brands of cars that we see on the road is going to shift dramatically over the years. Going to EV is allowing a number of new players into the market.
IMO a lot of people bought into Tesla hoping to make some big bucks quick, I am sure anyone that bought it a $300-400 is not as gung ho as you are about it.
CEO Blume is steering VW in a path toward the future, as he sees it. That's his job. He has stated his company is behind the curve in software tech, mfg efficiencies and electric vehicles. And he is doing something about it. Remember what happened to CEO Diess...
Look at BMW ad the Neue Klasse. They are collapsing the multiple software systems into 1, the "Heart of Joy". This is the first time BMW has ever combined the power train software (engine) and driving dynamics (handling) in one unified system.
Everything changes. Everything has a product life cycle.
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