Electric Car News

[phreddyp]

You should look at the change. Gaining market share vs losing......

Like I said looks to me like Tesla is getting their asses kicked .

 

[glhs837]

Like I said looks to me like Tesla is getting their asses kicked .

So what you are telling me is that you don't get math. Maybe this will help. In two years, from Jan 21 to Dec 23, Tesla's share of the entire US auto market has gone from 1.8% to 4.2%. That's a pretty good increase.

 

[phreddyp]

So what you are telling me is that you don't get math. Maybe this will help. In two years, from Jan 21 to Dec 23, Tesla's share of the entire US auto market has gone from 1.8% to 4.2%. That's a s

 

[phreddyp]

So what you are telling me is that you don't get math. Maybe this will help. In two years, from Jan 21 to Dec 23, Tesla's share of the entire US auto market has gone from 1.8% to 4.2%. That's a

So from 22 to 23 they picked up 4/10ths of 1%?

 

[glhs837]

So from 22 to 23 they picked up 4/10ths of 1%?

Yep, which compared to other makers was a pretty good increase. There are periods of slower and faster growth. Did you note the list of who didnt even gain that much or even lost market share in the same period?

Ford
Toyota
GM
Stellantis

All either gained less or even lost market share.

 

[phreddyp]

Yep, which compared to other makers was a pretty good increase. There are periods of slower and faster growth. Did you note the list of who didnt even gain that much or even lost market share in the same period?

Ford
Toyota
GM
Stellantis

All either gained less or even lost market share.

So let me get this straight. You're trying to sell me that a company that picks up a paltry 4/10s of 1% yoy after doing a major price reduction, is doing well? Sorry bro that doesn't pass the smell test. If I were you I would take off the rose colored glasses and review if this company is worth keeping in my portfolio. Especially since they don't pay dividends therefore you cannot utilize a DRIP plan!

 

[glhs837]

You mean to

So let me get this straight. You're trying to sell me that a company that picks up a paltry 4/10s of 1% yoy after doing a major price reduction, is doing well? Sorry bro that doesn't pass the smell test. If I were you I would take off the rose colored glasses and review if this company is worth keeping in my portfolio. Especially since they don't pay dividends therefore you cannot utilize a DRIP plan!

So let me get this straight. You mean to tell me a company that had thick enough margins that they could cut prices and still make a profit and take market share away from the "big boys" isn't doing well? You need to get your nose checked. I'm still up quite well on that investment, 77% to the good as it stands this morning. And I don't mind a lack of dividends as long as that money is going into growth and keeping enough cash on hand to handle downturns.

 

[phreddyp]

You mean to



So let me get this straight. You mean to tell me a company that had thick enough margins that they could cut prices and still make a profit and take market share away from the "big boys" isn't doing well? You need to get your nose checked. I'm still up quite well on that investment, 77% to the good as it stands this morning. And I don't mind a lack of dividends as long as that money is going into growth and keeping enough cash on hand to handle downturns.

That is only one metric to assess the health of any company. Tesla also has a huge differential in the amount of insider selling vs. insider buying. The vast majority of buying is due to stock options being exercised. Hell, the financial officer alone exercised 200,000 options @ $18.00 a share but sold
2,000,000 shares at about $260 a share in 2023. Certainly sounds like he has a lot of faith in Tesla going forward. When I see crap like that going on the red flags be a wavin boy!

 

[phreddyp]

You mean to



So let me get this straight. You mean to tell me a company that had thick enough margins that they could cut prices and still make a profit and take market share away from the "big boys" isn't doing well? You need to get your nose checked. I'm still up quite well on that investment, 77% to the good as it stands this morning. And I don't mind a lack of dividends as long as that money is going into growth and keeping enough cash on hand to handle downturns.

If you are up 77% with this crap going on you might consider taking your original money off the table and keep what is left in Tesla stock. Then you will not be playing with house money but still have a decent exposure to Tesla as they sour, which is where they may very well may be going. Just a thought.

 

[glhs837]

That is only one metric to assess the health of any company. Tesla also has a huge differential in the amount of insider selling vs. insider buying. The vast majority of buying is due to stock options being exercised. Hell, the financial officer alone exercised 200,000 options @ $18.00 a share but sold
2,000,000 shares at about $260 a share in 2023. Certainly sounds like he has a lot of faith in Tesla going forward. When I see crap like that going on the red flags be a wavin boy!

I never said it was. I addressed your observation. Both CFOs did as a matter of fact.

Tesla CFO Zachary Kirkhorn Sold Shares Days Before Stepping Down, New CFO Also Sold Shares Prior To Taking New Role - Tesla (NASDAQ:TSLA)

Zachary Kirkhorn, who recently stepped down as Chief Financial Officer of Tesla Inc (NASDAQ: TSLA), is one of several executives who have been actively selling shares of

www.benzinga.com

Note this line, and the fact that all of these sales were part of a pre-scheduled plan.

Transactions that happen as part of pre-scheduled plans aren’t as easy to navigate as they are often done to cover tax payments and for other personal reasons.

 

[glhs837]

If you are up 77% with this crap going on you might consider taking your original money off the table and keep what is left in Tesla stock. Then you will not be playing with house money but still have a decent exposure to Tesla as they sour, which is where they may very well may be going. Just a thought.

I'm up that much because I ignore the "crap going on" as I have for years now. And this isn't my only stake. This is my "play money". So increasing sales, increasing market share, new products, other makers and indeed the whole US adopting their charging standard, 20 billion in the bank with no significant debt means you think they are going sour.

 

[phreddyp]

I never said it was. I addressed your observation. Both CFOs did as a matter of fact.

Tesla CFO Zachary Kirkhorn Sold Shares Days Before Stepping Down, New CFO Also Sold Shares Prior To Taking New Role - Tesla (NASDAQ:TSLA)

Zachary Kirkhorn, who recently stepped down as Chief Financial Officer of Tesla Inc (NASDAQ: TSLA), is one of several executives who have been actively selling shares of

www.benzinga.com

Note this line, and the fact that all of these sales were part of a pre-scheduled plan.

Pre scheduled lol that is NOT entirely true . Nice try at deflection though.

 

[phreddyp]

I'm up that much because I ignore the "crap going on" as I have for years now. And this isn't my only stake. This is my "play money". So increasing sales, increasing market share, new products, other makers and indeed the whole US adopting their charging standard, 20 billion in the bank with no significant debt means you think they are going sour.

Sure THIS time it's different! Lol

 

[glhs837]

Sure THIS time it's different! Lol

Different than what? Nope, its the same. Stick and it increases over time. Been hearing about how they're going sour for a long time now. It keeps not being true.

Pre scheduled lol that is NOT entirely true . Nice try at deflection though.

So which part isn't true? And even if it wasnt. The guy could have a lot of reasons to sell that don't include the company going under. But please, explain your failure hypothesis. How does the company go from its current position to going under? Unless it includes the standard fairytales about cooked books and accounting tricks the SEC hasn't found out about.

 

[phreddyp]

Different than what? Nope, its the same. Stick and it increases over time. Been hearing about how they're going sour for a long time now. It keeps not being true.


So which part isn't true? And even if it wasnt. The guy could have a lot of reasons to sell that don't include the company going under. But please, explain your failure hypothesis. How does the company go from its current position to going under? Unless it includes the standard fairytales about cooked books and accounting tricks the SEC hasn't found out about.

Who said anything about going under? You are so jaded anything anyone says negative immediately means to YOU That they are going to fail and go bankrupt. Sounds like perhaps you have more money at stake than you say and are not comfortable with their outlook. That's what we call scared money. I mentioned that you might consider trimming your stake not telling you too. By any chance do you understand the difference ? The negatives are piling up on the EV industry anyone can see that, are the pros going to cancel them out, perhaps but they will take their pound of flesh.

Teslas charging stations are a small plus, but just getting a charging connection standard is not the panacea that you are desperately hoping for, anyone can produce a charger and cord. You may want to CONSIDER that also.

 

[glhs837]

Who said anything about going under? You are so jaded anything anyone says negative immediately means to YOU That they are going to fail and go bankrupt. Sounds like perhaps you have more money at stake than you say and are not comfortable with their outlook. That's what we call scared money. I mentioned that you might consider trimming your stake not telling you too. By any chance do you understand the difference ? The negatives are piling up on the EV industry anyone can see that, are the pros going to cancel them out, perhaps but they will take their pound of flesh.

Teslas charging stations are a small plus, but just getting a charging connection standard is not the panacea that you are desperately hoping for, anyone can produce a charger and cord. You may want to CONSIDER that also.

You are quick to attribute feeling to me that I don't have. I don't expect them to go bankrupt, or fear it. You mentioned them going sour, and I explained why I dont think they will. And we differ about the negatives and the effects, I see them as affecting the people selling less capable vehicles at a loss more than Tesla.

And I mentioned the NACS as just one factor, not a panacea. Anyone can indeed make a connector and cable, but that connector on your vehicle enables you to use the best charging network in the hemisphere. Sure EVgo and EA can put NACS connectors on the cables. But less than awesome locations and crappy availability and less than stellar integration makes the experience a night and day difference. Do you gas up in the hood where you need to swipe a card and only 1/2 the plugs work, or in the well lit place where you just back in and the plug always works and you don't need to swipe. But it is just one factor. How small or large remains to be seen. I suspect how much depends on how far OEMS go into integrating the API.

Will the Nav on a GM or Ford tell you where the Superchargers are, and current occupancy and power? Will the factory apps do the same? Will it work like a Tesla, where the vehicle is recognized by the network and just starts charging? If you are EVgo or EA, do you spend with Tesla to buy into that software integration to get that traffic to your chargers? I have no idea, but people love easy and will pay more for it.

 

[phreddyp]

You are quick to attribute feeling to me that I don't have. I don't expect them to go bankrupt, or fear it. You mentioned them going sour, and I explained why I dont think they will. And we differ about the negatives and the effects, I see them as affecting the people selling less capable vehicles at a loss more than Tesla.

And I mentioned the NACS as just one factor, not a panacea. Anyone can indeed make a connector and cable, but that connector on your vehicle enables you to use the best charging network in the hemisphere. Sure EVgo and EA can put NACS connectors on the cables. But less than awesome locations and crappy availability and less than stellar integration makes the experience a night and day difference. Do you gas up in the hood where you need to swipe a card and only 1/2 the plugs work, or in the well lit place where you just back in and the plug always works and you don't need to swipe. But it is just one factor. How small or large remains to be seen. I suspect how much depends on how far OEMS go into integrating the API.

Will the Nav on a GM or Ford tell you where the Superchargers are, and current occupancy and power? Will the factory apps do the same? Will it work like a Tesla, where the vehicle is recognized by the network and just starts charging? If you are EVgo or EA, do you spend with Tesla to buy into that software integration to get that traffic to your chargers? I have no idea, but people love easy and will pay more for it.

Everything you stated is something that can be overcome if the financial incentives are there, you shouldn't present yourself as a fool thinking that Teslas charging stations are the end all and be all.

We are a capitalistic country well versed in making money off of opportunities. If there is monetary value in charging system, others will step up to the plate. What you are talking about is in its infanticy. Never sell American innovation short. I know this hard for you to stomach but it is the truth.

 

[glhs837]

Everything you stated is something that can be overcome if the financial incentives are there, you shouldn't present yourself as a fool thinking that Teslas charging stations are the end all and be all.

We are a capitalistic country well versed in making money off of opportunities. If there is monetary value in charging system, others will step up to the plate. What you are talking about is in its infanticy. Never sell American innovation short. I know this hard for you to stomach but it is the truth.

It certainly can be overcome and done. And why would you think a guy who is a big fan of the company producing the most American made vehicles in the country isn't a fan and believer in American innovation?

All Four Tesla Models Are Ranked As The ‘Most American’ Vehicles For 2023

Yet the majority of the 25 top-rated models in this regard come from what would otherwise be considered import brands.

www.forbes.com

Did I say be all and end all? Nope. Currently the best in the hemisphere, I said. Because in Europe there is much stiffer competition, although from what I read, Superchargers are slightly preferred there as well due to ease of use, pull up, plug in. And others can do it, I'm sure. How long it takes and how much of a head start the Tesla network will have by then, who knows. Maybe in ten years, nobody will be using them as we drive down inductively charging roadways. But that's not the way to bet.

 

[GURPS]

 

[PeoplesElbow]

I hope Rivan and Fisker make it, I like their designs.

Rivian's 15th year is starting just as poorly as Tesla's did

Fellow EV maker Tesla also experienced financial troubles during its teenage years

qz.com