Tesla Losing Major Source of Profitability

Discussion in 'The BS Topic' started by The Champ, May 6, 2021.

  1. camarochevy1970

    camarochevy1970 Veteran Member

    Messages:
    8,048
    Likes Received:
    183
    Joined:
    Jan 23, 2003
    Location:
    Pittsburgh, PA
    right, as part of one of the largest auto manufacturers in the world now, who made several pooty appliances that got good MPG
     
    Zstar likes this.
  2. Rosster

    Rosster Veteran Member Gold Member

    Messages:
    638
    Likes Received:
    327
    Joined:
    Mar 1, 2020
    some market changes don’t take rocket scientists to predict. Cruise ship stocks, amazon, etc when covid hit for example. It’s not too far fetched to see when teslas’s net operation revenue is smaller than income from emission offsets, that when they disappear, the company will be in a substantially different financial position.
     
  3. BonzoHansen

    BonzoHansen Administrator Lifetime Gold Member

    Messages:
    20,840
    Likes Received:
    1,851
    Joined:
    Jun 1, 2005
    Location:
    Scott from Hamilton, NJ
    Hellcat everything!
     
    roadrace2 and Rosster like this.
  4. doug mundahl

    doug mundahl Veteran Member

    Messages:
    273
    Likes Received:
    97
    Joined:
    Mar 31, 2020
    God, i hope not, hes one of the poorest investments ive seen in many, many years. why cant someone make a electric car with either a wind generator or a small honda engine, or tire driven generator on board to recharge the batteries?
     
  5. Twisted_Metal

    Twisted_Metal Administrator Staff Member Lifetime Gold Member

    Messages:
    30,061
    Likes Received:
    2,782
    Joined:
    Feb 26, 2004
    Location:
    Bloomington, MN
    Those options either cause drag or use fuel.
    Energy wise… It’s a net loss.

    Regenerative braking is about the best you can do (besides making the roof a solar panel).
     
  6. tom3

    tom3 Veteran Member

    Messages:
    13,693
    Likes Received:
    1,238
    Joined:
    Aug 1, 1999
    Location:
    ohio
    I think the Chevrolet Volt is probably the best design out there at the moment.
     
  7. Lowend

    Lowend Administrator. .a car, a man, a maraca. Staff Member Lifetime Gold Member

    Messages:
    16,492
    Likes Received:
    1,271
    Joined:
    Mar 25, 1999
    Location:
    San Jose, CA, USA
    That is pretty much what a Prius, see CMax, and Volt are. They have an electric motor, and a small gas engine that can both drive the wheels and recharge the battery.

    Nowhere near enough service area for a solar array to help
     
  8. The Champ

    The Champ Veteran Member

    Messages:
    5,471
    Likes Received:
    1,100
    Joined:
    Sep 14, 2000
    Location:
    MN
    Already answered that question. FCA is now Stellantis. Stellantis includes Peugeot and Citroen, who are very active in the electric vehicle industry.

    Just to repeat what I posted earlier...

    In the leading electric vehicle market in the world, Tesla hasn't sold a single vehicle in Norway in May and only sold a total of 9 in April.

    Puegeot (part of Stellantis) has sold 69 vehicles in Norway in May and 393 in April. Citroen (also part of Stellantis) has sold 46 vehicles in Norway in May and 166 in April.

    So, as of yesterday morning when I typed that, Stellantis had outsold Tesla 115 to 0 for May.

    An update to the numbers that I posted yesterday.

    Tesla has now sold 1 vehicle (a Model Y) in Norway in May. Stellantis has sold 54 model Peugeot 2008's, 53 Citroen e-C4's, 20 Peugeot 208's, 17 Peugeot Expert's, 13 Citroen Jumpy's and 5 Peugeot Expert Traveler's.

    I'll do the math for you. That's 162 to 1 in May 2021 in the most electrified country in the world, or in the last 24 hours, 46 to 1 over the last 24 hours.
     
  9. danbrennan

    danbrennan Veteran Member Lifetime Gold Member

    Messages:
    4,343
    Likes Received:
    1,220
    Joined:
    Mar 13, 1999
    Location:
    Brighton, MI
    Yeah, friction and entropy are a bitch.

    An engineering friend of mine got in a big argument with a student years ago, who kept insisting if we just put a windmill on top of our cars, they could run indefinitely.
     
    roadrace2 likes this.
  10. danbrennan

    danbrennan Veteran Member Lifetime Gold Member

    Messages:
    4,343
    Likes Received:
    1,220
    Joined:
    Mar 13, 1999
    Location:
    Brighton, MI
    I think what we're missing with Tesla stock is, it's not valued in the traditional way stocks are valued. As other SiVa companies like Google and Apple have shown, investors will keep buying the stock of a "disruptive" company that's losing money for years, if they think their is a good chance that company can become the dominant company in their market. For the company's part, they have to keep pouring whatever profit they make back into development and expanding market share. I happen to be of the opinion that many companies around the world know how to assemble cars, so I'm skeptical that Tesla can pull off in the automarket what Google did in the search engine market, or Apple did in the smart phone market. But I suppose it's possible.

    So, I think the question is, do the loss of the Fiat-Chrysler-Peugeot emission credits significantly hurt Tesla's ability to expand? I have no idea.

    BTW, if you recall, Peugeot bought GM's Opel division, and got some high fuel economy and electric technology with that. No idea how much of it they're using, though.
     
    The Champ and Rosster like this.

Share This Page