Damn tesla

TENT

Rising Star
BGOL Investor
Don’t do it.
1.) Teslas are still selling while the “competition” are reducing their EV manufacturing goals.
2.) Tesla is manufacturing a Generation 3 low cost vehicle.
3.) Tesla’s Full Self Driving is improving by the month.
4.) Tesla will sell every Cybertruck they make over the next 3 years.
5.) Tesla’s tax incentive is at point of sale starting this year.

Hold the stock through 2025. I promise you will regret it if you do otherwise. Don’t listen to the naysayers. There were negative stories about Apple,Google, Uber, Amazon etc etc before they blew up. Ask yourself “Who is Tesla’s competition to sell the millions of EVs that will be sold over the next decade?
Honda, Toyota and VW.
You think those companies want to go out of business.
Tesla's stock should not be this high. They make no money when compared to the 3 companies I mentioned.
THEY MAKE NO MONEY!
 

TENT

Rising Star
BGOL Investor
What yall laughing at? Post a reply.
How is the owner the "richest man in the world"?
His companies don't MAKE MONEY?


Tesla annual/quarterly net income history and growth rate from 2010 to 2023. Net income can be defined as company's net profit or loss after all revenues, income items, and expenses have been accounted for.

  • Tesla net income for the twelve months ending September 30, 2023 was $10.793B, a 3.55% decline year-over-year.
  • Tesla annual net income for 2022 was $12.583B, a 127.79% increase from 2021.
  • Tesla annual net income for 2021 was $5.524B, a 700.58% increase from 2020.
  • Tesla annual net income for 2020 was $0.69B, a 180.05% decline from 2019.

  • Toyota net income for the twelve months ending September 30, 2023 was $27.731B, a 36.65% increase year-over-year.
  • Toyota annual net income for 2023 was $18.14B, a 28.49% decline from 2022.
  • Toyota annual net income for 2022 was $25.366B, a 20.19% increase from 2021.
  • Toyota annual net income for 2021 was $21.105B, a 10.49% increase from 2020.
 

^SpiderMan^

Mackin Arachnid
BGOL Investor
What yall laughing at? Post a reply.
How is the owner the "richest man in the world"?
His companies don't MAKE MONEY?


Tesla annual/quarterly net income history and growth rate from 2010 to 2023. Net income can be defined as company's net profit or loss after all revenues, income items, and expenses have been accounted for.

  • Tesla net income for the twelve months ending September 30, 2023 was $10.793B, a 3.55% decline year-over-year.
  • Tesla annual net income for 2022 was $12.583B, a 127.79% increase from 2021.
  • Tesla annual net income for 2021 was $5.524B, a 700.58% increase from 2020.
  • Tesla annual net income for 2020 was $0.69B, a 180.05% decline from 2019.

  • Toyota net income for the twelve months ending September 30, 2023 was $27.731B, a 36.65% increase year-over-year.
  • Toyota annual net income for 2023 was $18.14B, a 28.49% decline from 2022.
  • Toyota annual net income for 2022 was $25.366B, a 20.19% increase from 2021.
  • Toyota annual net income for 2021 was $21.105B, a 10.49% increase from 2020.
@TENT
Brother Tent, the driver for Tesla Stock is GROWTH.
Tesla's net income over the last three years has shown significant growth. In 2020, the net income was approximately $721 million. This increased to around $5.524 billion in 2021. In 2022, Tesla's net income further rose to approximately $12.583 billion. In 2023, Tesla shut down production lines for the model 3 refresh, and various very expensive items to drive growth such as construction of 2 Gigafactories (Berlin and Texas), a 9 ton Giga Press for state of the art casting, and continued development of their 4680 Batteries.
They are continuing to produce and deliver more cars too:
2020499,647
2021936,222
20221,313,851


Tesla’s global delivery/sales numbers:

2019367,656
2020
499,647
2021936,222
20221,313,851
20231,845,985

Now lets compare to Toyota’s global delivery/sales numbers:
2019 10.74 million
2020 9.5 million
2021 10.5 million
2022 10.48 million
2023 Their numbers aren't in yet, but on track for 7.2% increase

When you look at the global delivery numbers, Toyota still delivers/sells many more vehicles. They have existed longer, have way more factories, produce many more vehicles, have more brand recognition, and are internal combustion(gas) vehicles which people are more familiar with.


When you look at percentage of GROWTH, Tesla is growing much faster than Toyota. Tesla vehicle sales are growing by very large percentages per year while in comparison, Toyota fluctuates from a much lower percentage of growth and even delivers less some years. Toyota is trending flat on deliveries.

Tesla’s catalysts for growth are:
1.) Tesla is growing production. Tesla only has 2 fully functioning factories, one located in the US, and one in China. Tesla is ramping up a new factories in Texas( the largest factory in the world) and Germany. Tesla is also set to begin construction on a new factory in Mexico. Multiple countries are reaching out to Tesla to host new factories as well.
2.) Total EV sales are growing.
3.) Tesla manufactures their own batteries and has existing partnerships with the leading EV battery manufacturers. Battery manufacturing is the most expensive part of the process for EV production.
4.) Tesla is developing a new tabless battery which will enhance their battery production.

In addition to GROWTH, Tesla is getting a much larger percentage of profit per vehicle. Tesla profits 8 times more per car sold than Toyota.
 
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RoomService

Dinner is now being served.
BGOL Investor
Brother Tent, the driver for Tesla Stock is GROWTH.
Tesla's net income over the last three years has shown significant growth. In 2020, the net income was approximately $721 million. This increased to around $5.524 billion in 2021. In 2022, Tesla's net income further rose to approximately $12.583 billion. In 2023, Tesla shut down production lines for the model 3 refresh, and various very expensive items to drive growth such as construction of 2 Gigafactories (Berlin and Texas), a 9 ton Giga Press for state of the art casting, and continued development of their 4680 Batteries.
They are continuing to produce and deliver more cars too:
2020499,647
2021936,222
20221,313,851

2019367,656
2020
499,647 +73%
2021936,222 +53%
20221,313,851 +71%
20231,845,985 +71%




Now lets compare to Toyota:
2019 10.74 million
2020 9.5 million
2021 10.5 million
2022 10.48 million
2023 Their numbers aren't in yet, but on track for 7.2% increase
Bro, some people just don’t understand.
 

TENT

Rising Star
BGOL Investor
@TENT
Brother Tent, the driver for Tesla Stock is GROWTH.
Tesla's net income over the last three years has shown significant growth. In 2020, the net income was approximately $721 million. This increased to around $5.524 billion in 2021. In 2022, Tesla's net income further rose to approximately $12.583 billion. In 2023, Tesla shut down production lines for the model 3 refresh, and various very expensive items to drive growth such as construction of 2 Gigafactories (Berlin and Texas), a 9 ton Giga Press for state of the art casting, and continued development of their 4680 Batteries.
They are continuing to produce and deliver more cars too:
2020499,647
2021936,222
20221,313,851


Tesla’s global delivery/sales numbers:

2019367,656
2020
499,647
2021936,222
20221,313,851
20231,845,985

Now lets compare to Toyota’s global delivery/sales numbers:
2019 10.74 million
2020 9.5 million
2021 10.5 million
2022 10.48 million
2023 Their numbers aren't in yet, but on track for 7.2% increase

When you look at the global delivery numbers, Toyota still delivers/sells many more vehicles. They have existed longer, have way more factories, produce many more vehicles, have more brand recognition, and are internal combustion(gas) vehicles which people are more familiar with.


When you look at percentage of GROWTH, Tesla is growing much faster than Toyota. Tesla vehicle sales are growing by very large percentages per year while in comparison, Toyota fluctuates from a much lower percentage of growth and even delivers less some years. Toyota is trending flat on deliveries.

Tesla’s catalysts for growth are:
1.) Tesla is growing production. Tesla only has 2 fully functioning factories, one located in the US, and one in China. Tesla is ramping up a new factories in Texas( the largest factory in the world) and Germany. Tesla is also set to begin construction on a new factory in Mexico. Multiple countries are reaching out to Tesla to host new factories as well.
2.) Total EV sales are growing.
3.) Tesla manufactures their own batteries and has existing partnerships with the leading EV battery manufacturers. Battery manufacturing is the most expensive part of the process for EV production.
4.) Tesla is developing a new tabless battery which will enhance their battery production.

In addition to GROWTH, Tesla is getting a much larger percentage of profit per vehicle. Tesla profits 8 times more per car sold than Toyota.
Thanks for taking the time to compile and write this. I appreciate.
Elon Musk overall is an idiot though. Time will tell.
In the meantime, people will make money manipulating this and every other stock.
 

Darrkman

Hollis, Queens = Center of the Universe
BGOL Investor
I think this is a "perfect storm" scenario.

A lot of the chargers have been having issues the past few years......

Tesla has been slow to fix them

Some areas are getting brutally cold temperatures now for the first time in a few years

It sucks, I feel bad for them


Also for a very long time Tesla would have people sign NDAs to get any repairs, that coupled with many Tesla owners being fanatics a lot of them would not be honest about the issues they were facing with the car.
 

Non-StopJFK2TAB

Rising Star
Platinum Member
Also for a very long time Tesla would have people sign NDAs to get any repairs, that coupled with many Tesla owners being fanatics a lot of them would not be honest about the issues they were facing with the car.
I would shut the fuck up too if a company got me for $7500-$15k.
 

BGLR1212000

Rising Star
BGOL Investor
Oddly enough I considered buying a Tesla for one second. I'm glad I have this video to slap me back into reality.
 

guyver

Rising Star
Platinum Member
According to Tesla cheerleaders on here, its just a "user error" and not the product :roflmao: :lol:

It's a combination of potential user error and more importantly infrastructure. There are areas that are colder than Chicago with EVs globally, temperatures have been at or below freezing for weeks in parts of the US,yet this is the only area that's had this story on this scale.

Gas cars also have issues running in extreme cold and it's usually related to the same issue the battery or oil. I saw someone in a rear wheel car trapped on a corner because of snow. Winter weather creates issues for cars in general.

Most of you'll issues are not with EVs. You don't like Elon and by proxy Tesla is the brand most identified with EVs. If you don't like Tesla or Elon, choose another EV brand you feel makes a better product or continue to buy gas cars. your comments are similar to when people would say don't by luxury brands like BMW because of mechanical issues and BMW owners would say the owners didn't take care of the car.both things can be true. There is no car or product in general without pros or cons and they all have issues. Get the things that fit your lifestyle.





 

ghoststrike

Rising Star
Platinum Member
It's a combination of potential user error and more importantly infrastructure. There are areas that are colder than Chicago with EVs globally, temperatures have been at or below freezing for weeks in parts of the US,yet this is the only area that's had this story on this scale.

Gas cars also have issues running in extreme cold and it's usually related to the same issue the battery or oil. I saw someone in a rear wheel car trapped on a corner because of snow. Winter weather creates issues for cars in general.

Most of you'll issues are not with EVs. You don't like Elon and by proxy Tesla is the brand most identified with EVs. If you don't like Tesla or Elon, choose another EV brand you feel makes a better product or continue to buy gas cars. your comments are similar to when people would say don't by luxury brands like BMW because of mechanical issues and BMW owners would say the owners didn't take care of the car.both things can be true. There is no car or product in general without pros or cons and they all have issues. Get the things that fit your lifestyle.






EVs have a long ways to go. slow charging, lack of infrastructure, VERY HIGH cost to replace a faulty battery, significantly less range than advertised, etc. No thanks.
 

crossovernegro

Rising Star
BGOL Investor
If I had the money and space, I would seriously consider an EV for a 2nd car, but for now I'll give it a few years and look at hybrids for my next purchase.
...and in the meantime invest in some charging infrastructure stocks and hope at least one of them will start poppin a few years down the road.


.

EVs have a long ways to go. slow charging, lack of infrastructure, VERY HIGH cost to replace a faulty battery, significantly less range than advertised, etc. No thanks.
 

Non-StopJFK2TAB

Rising Star
Platinum Member
EVs have a long ways to go. slow charging, lack of infrastructure, VERY HIGH cost to replace a faulty battery, significantly less range than advertised, etc. No thanks.
Is Norway colder than America? Is Finland colder than America? Why aren’t cars freezing there but freezing here? PISA has all the answers.
 

guyver

Rising Star
Platinum Member
EVs have a long ways to go. slow charging, lack of infrastructure, VERY HIGH cost to replace a faulty battery, etc. No thanks.

Cost of repair being high occurs in gas cars as well and is relative to the individual. If you have to replace a car engine for 3000 to 6000, that's considerd expensive to alot of people. If you are talking about luxury car, the cost maybe comparable to replacing an EV battery. you Shouldn't be comparing a gas car battery to an EV battery. The comparison should be to gas car engines to EV batteries.


The only real complaint is infrastructure.
 

illdog

Rising Star
BGOL Investor
Let that 1 pretty blonde mom with 3 youngins freeze solid...and watch that stock value evaporate...

giphy.gif
 
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ghoststrike

Rising Star
Platinum Member
Cost of repair being high occurs in gas cars as well and is relative to the individual. If you have to replace a car engine for 3000 to 6000, that's considerd expensive to alot of people. If you are talking about luxury car, the cost maybe comparable to replacing an EV battery. you Shouldn't be comparing a gas car battery to an EV battery. The comparison should be to gas car engines to EV batteries.


The only real complaint is infrastructure.

The average US vehicle owner is not trying to spend around 20K to replace a battery, aside from the lack of infrastructure in the US.
 

guyver

Rising Star
Platinum Member
The average US vehicle owner is not trying to spend around 20K to replace a battery, aside from the lack of infrastructure in the US.
Then the average vehicle owner shouldn't buy an EV if thats the concern. Anymore than they should buy a high-end luxury gas vehicle with high maintenance and repairs cost. While I don't consider Tesla's luxury vehicles, EVs in general aren't entry level vehicles.

You are talking about the cost of the battery replacement as if it's a normal occurrence or its a tv remote battery that needs to be changed every few months/yearly. It is not a concern for most EV owners. Even if you are talking long-term just like with gas powered cars with high mileage or the need for a full engine replacement, the average person is likely to get a new vehicle before this occurs.alot of people trade their car before its paid off or shortly after. which is what 5 to 6 years?

The limited battery warranty is for 8 years or in my case unlimited miles ( the miles has changed). Are they going to really stand by that? I can't say. Like alot of warranties I suspect that is likely when you'll start to have issues.thats still potentially 8 years or around 100k miles.

If you want to mention infrastructure, that is fair. Infrastructure doesn't just include charging stations. Bringing up third-party repair shops, maintenance techs for cars and stations, easy access to replacement or third-party parts etc... ok. Even saying charging time is a key issue is more relevant than bringing up replacement batteries when less than 2% of EVs are impacted by total failure. I'm not saying it's not a legitimate concern as much as it isn't as big as you are presenting it. At least, not based on data.






 

^SpiderMan^

Mackin Arachnid
BGOL Investor
I can't speak to the experience of having an EV in an excessively cold environment, but I can speak to my experience as a Tesla car owner. I've had a Model Y for a year and an X for a year. I've been very happy with the experience. The convenience of not charging at home over constantly going to a gas station has been great. Especially with the rainy weather and rampant crime at gas stations in my city. I love the torque and smooth ride both of the cars. I haven't needed oil changes, my brakes are still good(regenerative braking) and haven't had any mechanical or battery issues. My only con thus far has been the rapid wear on the rear tires due to battery weight.
As far as EVs, it isn't accurate to lump Tesla's into the issues in EVs as a whole. Many of these other EV makers are using inferior technology. Especially in the batteries.
As for Tesla Battery Degradation:
This study was conducted from 2013-2022.
"The data shows that the average Tesla battery still regularly provides over 90% of the original range up through 100,000 miles or more on the odometer."
So a Model Y LR would still have a capacity of 279 miles on a full charge after 100,000 miles. For comparison, a brand new Ford Mach -E Premium has a capacity of 250 miles on a full charge.
Please consider that the study was done on older technology, so Tesla batteries are likely to degrade even less than the study.
 

slewdem100

Rising Star
BGOL Investor
Seems like it works perfectly if you live in a single family home...if you don't, not so much.. which is cool except that the Gov't is pushing this shit as if those limitations don't exist
 

illdog

Rising Star
BGOL Investor
This cat told the world everything they needed to know...bout tesla/elon way before folks knew tesla/elon was just a bag a dicks..

 
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