tk for tu juan said:

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Saturday schadenfreude for some of you.



The good news, there is now a Buc-ees in Colorado

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That's just a toy. Charging 11 times on a thousand mile trip would be insane.

Not to mention having to unhitch every time you charge

NM

Medication error...

The low end torque and high horsepower side, great time to be a car guy and tech nerd

nortex97 said:

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An hour and 25 minutes to recharge after 85 miles? LOL.

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Yeah, it's not gonna work for towing at all.

Logos Stick said:

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nortex97 said:

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An hour and 25 minutes to recharge after 85 miles? LOL.

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Yeah, it's not gonna work for towing at all.

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There are uses for EVs but towing isn't one and won't be for a long time, if ever.

Not shocking.

Don't buy the stock.

https://finance.yahoo.com/news/tesla-great-heres-why-shouldnt-140200923.html

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After reporting 3% sales growth in Q4 last year, Tesla posted a troubling 9% decline in the first three months of 2024. From a consumer's perspective, higher borrowing costs make buying new cars much less affordable. Plus, Tesla has to deal with stiff competition these days, with well-funded Chinese EV makers making things difficult.

Profits are also taking a hit. Tesla does deserve lots of credit for achieving consistent positive earnings. But its margins have compressed due to a slowdown in revenue growth and ongoing vehicle price cuts. It's hard to know when this situation will start to improve. There's a chance that this is the new normal.

Another reason to avoid buying Tesla is because of the valuation. Even though shares are currently 56% off their all-time high, they still trade at a steep price-to-earnings ratio of 46.2. This tells me that the market still values Tesla more like a tech enterprise and less like a traditional car company. But based on the financial challenges I just described, that appears to be the wrong way to view this business.

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techno-ag said:

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Don't buy the stock.

https://finance.yahoo.com/news/tesla-great-heres-why-shouldnt-140200923.html

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After reporting 3% sales growth in Q4 last year, Tesla posted a troubling 9% decline in the first three months of 2024. From a consumer's perspective, higher borrowing costs make buying new cars much less affordable. Plus, Tesla has to deal with stiff competition these days, with well-funded Chinese EV makers making things difficult.

Profits are also taking a hit. Tesla does deserve lots of credit for achieving consistent positive earnings. But its margins have compressed due to a slowdown in revenue growth and ongoing vehicle price cuts. It's hard to know when this situation will start to improve. There's a chance that this is the new normal.

Another reason to avoid buying Tesla is because of the valuation. Even though shares are currently 56% off their all-time high, they still trade at a steep price-to-earnings ratio of 46.2. This tells me that the market still values Tesla more like a tech enterprise and less like a traditional car company. But based on the financial challenges I just described, that appears to be the wrong way to view this business.

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Lets see here. Question: Who advertises on Yahoo? Ford? Yes. GM? Yes. Chrysler? Yes. Nissan, Honda..... Tesla?

What investor looks at a company like Tesla as an Auto Manufacturer? Not a very good one. But hey! Its your money.

Robot on the verge of production, AI software leader, electric power storage, solar power generation, leading innovation on the production side of automobiles, forget the battery or electric powertrain part, FSD soon to be implemented, CyberTaxi in August... Have I missed anything...Oh yea, licencing FSD to those that can't do it themselves because software engineering is not in their wheelhouse.

Name me a vehicle manufacturer that is selling more of their product now over four years ago?

BTW, Tesla still outsells China's BEV best, BYD, even with Tesla's higher quality and cost.

With most traditional auto mfg's going 'full ******' on EV madness, we may get some more innovative new players such as Ineos in our market too. Great to have choices for those of us who don't want CCP-mobiles.

LOL.

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"We can't push EVs into the market against demand." Thus spake the head of Ford's European operations this week, commenting on the company's plans to start diverting ICE car deliveries from the UK to the continent. Why? Because the UK has EV sales goals and if carmakers don't align their business with these goals, they face substantial penalties.

"We are not going to sell EVs at huge losses just to buy compliance. The only alternative is to take our shipments of [engine] vehicles to the UK down and sell these vehicles somewhere else," the brave man, by the name of Martin Sander, said, speaking at the FT's Future of the Car conference in London.
Strange words if you have read reports that EV sales were off to a very strong start in the country, with a stunning 100,000 fully electric vehicles sold over the first four months of the year. This was a 10% increase on the year, which, let's be honest, is rather impressive. What comes next is also impressive but in quite a different way.

Back in January, Bloomberg's Javier Blas published a column, in which he sounded an alarm for governments willing to listen. I like to flatter myself, whenever I feel such an urge, by thinking I got there before Blas, whom I deeply respect about a year or so earlier, if I remember correctly. In any case, I do remember wondering publicly here what governments were going to do about fuel duty income replacement if their EV plans panned out.

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She's right, and it sounds like some at Ford are getting a little tired of losing their butts on EV's.

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For the umpteenth time, then, we have our dear Western governments try to have their transition cake and eat it, too, and not gain a single ounce of extra weight. They wanted combustion engine cars out but forgot that these cars bring in billions in tax income. They wanted a fully electrified transport but forgot it wouldn't bring in money unless they make it more expensive. They wanted a revolution but forgot rule #1 for revolutions: the successful ones never start from the top. They start from the bottom.

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Evangelists either tacitly or directly endorse the revolution they envision being driven from the top, not the bottom. It…never quite works out that way in the real world/market.

VitruvianAg said:

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techno-ag said:

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Don't buy the stock.

https://finance.yahoo.com/news/tesla-great-heres-why-shouldnt-140200923.html

Quote:

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After reporting 3% sales growth in Q4 last year, Tesla posted a troubling 9% decline in the first three months of 2024. From a consumer's perspective, higher borrowing costs make buying new cars much less affordable. Plus, Tesla has to deal with stiff competition these days, with well-funded Chinese EV makers making things difficult.

Profits are also taking a hit. Tesla does deserve lots of credit for achieving consistent positive earnings. But its margins have compressed due to a slowdown in revenue growth and ongoing vehicle price cuts. It's hard to know when this situation will start to improve. There's a chance that this is the new normal.

Another reason to avoid buying Tesla is because of the valuation. Even though shares are currently 56% off their all-time high, they still trade at a steep price-to-earnings ratio of 46.2. This tells me that the market still values Tesla more like a tech enterprise and less like a traditional car company. But based on the financial challenges I just described, that appears to be the wrong way to view this business.

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Lets see here. Question: Who advertises on Yahoo? Ford? Yes. GM? Yes. Chrysler? Yes. Nissan, Honda..... Tesla?

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Pretty sure Tesla doesn't advertise anywhere. Not directly anyway.

Exactly, the point is Yahoo is leftist biased and hates Musk. Anything that hurts Musk they endorse...plus Tesla gets no favor. Consumer reports is even worse, they recently endorsed Mercedes Bens autonomous driving over Tesla's FSD, same circumstance. Tesla doesn't advertise on CR or anywhere else except for X.

Tesla now advertises on YouTube

Teslag said:

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Tesla now advertises on YouTube

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That's new, I don't see YT advertising...

First one was back in November

Charging dongle nightmares. LOL, too many funny quotes for me to pick one.

That article reads like a grandmother upset that her new iPhone doesn't have buttons

Meant to post this from my trip last time. Needs no explanation.

ROFL

Someone in the Montrose area is ruining people's days. Don't have this problem with gas hoses.

Four stalls are working for now. Looks like they’re out of connectors for the rest. Another location was hit last night as well (Westheimer & Dairy Ashford). That makes it four locations in the Houston metro. #Tesla @TeslaCharging @Teslarati https://t.co/uOhy0kqH8d pic.twitter.com/on8uNeyJba

— Gil Gredinger (@KPRC2Gil) May 9, 2024

Psycho Bunny said:

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Someone in the Montrose area is ruining people's days. Don't have this problem with gas hoses.

Four stalls are working for now. Looks like they’re out of connectors for the rest. Another location was hit last night as well (Westheimer & Dairy Ashford). That makes it four locations in the Houston metro. #Tesla @TeslaCharging @Teslarati https://t.co/uOhy0kqH8d pic.twitter.com/on8uNeyJba

— Gil Gredinger (@KPRC2Gil) May 9, 2024

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Are you saying someone couldn't go around cutting off gas hoses?

MaxPower said:

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Psycho Bunny said:

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Someone in the Montrose area is ruining people's days. Don't have this problem with gas hoses.

Four stalls are working for now. Looks like they’re out of connectors for the rest. Another location was hit last night as well (Westheimer & Dairy Ashford). That makes it four locations in the Houston metro. #Tesla @TeslaCharging @Teslarati https://t.co/uOhy0kqH8d pic.twitter.com/on8uNeyJba

— Gil Gredinger (@KPRC2Gil) May 9, 2024

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Are you saying someone couldn't go around cutting off gas hoses?

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Has that happened three times in Houston recently?

No money in it.

Vandals are stupid. They could take the copper to a recycler and be set to pay for a weeks worth of meth.

Try doing that with a gas hose...

VitruvianAg said:

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Exactly, the point is Yahoo is leftist biased and hates Musk. Anything that hurts Musk they endorse...plus Tesla gets no favor. Consumer reports is even worse, they recently endorsed Mercedes Bens autonomous driving over Tesla's FSD, same circumstance. Tesla doesn't advertise on CR or anywhere else except for X.

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CR is not supposed to take ads, at least they didn't used to. That doesn't stop them from being biased though.

0-50% in 10 min delivering 52kWh

No signs of slowing down either 👌👌 pic.twitter.com/VdkXQDGfUN

— Kyle Conner (@itskyleconner) May 13, 2024

There was another great anecdote in that WSJ article that I didn't include on just that point:

"Rivian has its own profligate government patron—the state of Illinois. This week Gov. J.B. Pritzker announced up to $827 million in incentives for Rivian to expand a local plant and… https://t.co/kK2re0Mbdv pic.twitter.com/2OjVYHv2xw

— Shipwreckedcrew (@shipwreckedcrew) May 12, 2024

LOL, indeed.

nortex97 said:

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There was another great anecdote in that WSJ article that I didn't include on just that point:

"Rivian has its own profligate government patron—the state of Illinois. This week Gov. J.B. Pritzker announced up to $827 million in incentives for Rivian to expand a local plant and… https://t.co/kK2re0Mbdv pic.twitter.com/2OjVYHv2xw

— Shipwreckedcrew (@shipwreckedcrew) May 12, 2024

LOL, indeed.

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Note on Rivian.

I knew they had a truck, but didn't know they had an SUV. Saw one the other day here in Corpus of all places.

Philip J Fry said:

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That's cute. Wake me up when it's 0-100% in 3 minutes and available at just about every major intersection.

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Wake me up when every house has a gas pump.

The video of the range test and charging (was in Germany)

No more supercharger stations? The entire installation team was laid off.

https://www.businessinsider.com/tesla-supercharger-installer-in-limbo-no-communcation-elon-musk-layoffs-2024-5?amp

You've already posted this previously.... Some day (maybe) you're going to come to the realization that not only is the media you're consuming not only bad/wrong in their conveyance of information, but they do it on purpose to misinform you.

Just to reiterate: Tesla will spend well over $500M expanding our Supercharger network to create thousands of NEW chargers this year.

That’s just on new sites and expansions, not counting operations costs, which are much higher.

— Elon Musk (@elonmusk) May 10, 2024

Why is Porsche using Turbo in the name for an EV?