odysseus2000 wrote:I am.not convinced that Tesla car sales have peaked. The initial sales were much better than most other makers have done with the standard trajectory being a slow number of sales not reaching a peak for several months.
They've got 10 months cash left... at what point do concerns about spares and warranties kick in?
They've also had a massive sale, and then announced they were going to put up AP prices dramatically already this year, and their US subsidy is about to get halved again. If anything this should be pulling sales forwards to Q1 and Q2, that is to say stealing them from Q's 3&4.
For a company valued on growth, and running out of money with a price chart which looks like the decent of Everest they need more than a small sales bump. Are they even on track to make half of Musk's predicted deliveries for the year?
odysseus2000 wrote:The technical capabilities & performance of Tesla cars still exceeds other entrants by large factors & German legacy has terrible problems of reliability...
...and still no built in swimming pool in the boot!
Other manufacturers fix most of a car's design faults before releasing it to customers, Tesla use their customers as guinea pigs, and their reliability and service reputation is absolutely atrocious.
odysseus2000 wrote:Tesla do seem to have created trouble for themselves with claims over auto pilot, especially the arguments that their cars will soon be a fleet of robo taxis.
Convenient that the story changed from Tesla were going to show legacy auto how to build cars efficiently, and the profits would come with scale, changed to Robo-taxis are the future and Teslas are going to be so good that they will appreciate in value just as it was becoming obvious to almost all that Tesla can't profitably produce a mass market ev, and even if they could demand is questionable... somewhat unfortunate it was the week before Uber which has the same business plan had an IPO which was described as a train wreck, but not as bad as Lyft's...
odysseus2000 wrote:Looking at Tesla we should also not forget storage which imho will likely grow very quickly, faster than electric traction, assuming they can get with Panasonic & make the cells fast enough.
Storage is going to be massively more competitive than cars. It's so much simpler, and there are lots of companies looking to replace fossil stream income but with significant amounts of cash to spend getting involved.
Still on the brightside, this must be a massive buying opportunity for you.