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>However, the demand over Teslas meant they almost did not feel any demand impact because of Covid, while Toyota saw a 30% demand drop. Tesla doesn't even defi

>However, the demand over Teslas meant they almost did not feel any demand impact because of Covid, while Toyota saw a 30% demand drop. Tesla doesn't even define what a "delivery" is (remember factory-gated?), nor do I believe any numbers that come out of China, so I'm skeptical that they weren't affected by Covid-19. Personally, I think they "delivered" a number to ensure the stock analysts are appeased. If demand is through the roof, and profits are negligent, what have they cut Model Y prices already? >if Toyota continues to fumble the technology transition Toyota pioneered, and continues to sell, hybrid electric vehicles (fuel cell, too). Pure BEVs have many issues (including cost), so it isn't like the market has 100% decided on the technology yet.

bluGill 6y ago
I believe tesla's numbers. When you have a backlog of sales a few cancled orders just changes the queue. Toyota didn't have that. Tesla also had customers in industry least affected (engineers and other upper class) who didn't need to adjust their life as much as waiters did.
- propogandist 6y ago
  Toyota (and subsidiaries like Lexus) serve a wide array of customers and demographics. Even with decreasing sales, they should drive net income that will match net revenues for Tesla this year. You can also drive Toyota's cars through puddles, whereas Tesla's may encounter issues that are "acts of God", which are not covered by warranty: https://insideevs.com/news/433643/video-tesla-model-3-rear-bumpers-fly-off/ https://insideevs.com/news/433643/video-tesla-model-3-rear-b...
- itsoktocry 6y ago
  I believe they "delivered" 90k vehicles too, by whatever definition they choose as "delivered". I mentioned "factory-gated" in the OP because back when the metric of choice was cars "produced", Tesla had a quarter in which it claimed to have "produced" a certain number of "factory-gated" cars, and touted that number. It turned out, some of these cars were not complete. Some didn't even have seats. So exaggerating relevant metrics isn't new for Tesla (or other companies for that matter).

bluGill 6y ago

I believe tesla's numbers. When you have a backlog of sales a few cancled orders just changes the queue. Toyota didn't have that. Tesla also had customers in industry least affected (engineers and other upper class) who didn't need to adjust their life as much as waiters did.

propogandist 6y ago
Toyota (and subsidiaries like Lexus) serve a wide array of customers and demographics. Even with decreasing sales, they should drive net income that will match net revenues for Tesla this year. You can also drive Toyota's cars through puddles, whereas Tesla's may encounter issues that are "acts of God", which are not covered by warranty: https://insideevs.com/news/433643/video-tesla-model-3-rear-bumpers-fly-off/ https://insideevs.com/news/433643/video-tesla-model-3-rear-b...
itsoktocry 6y ago
I believe they "delivered" 90k vehicles too, by whatever definition they choose as "delivered". I mentioned "factory-gated" in the OP because back when the metric of choice was cars "produced", Tesla had a quarter in which it claimed to have "produced" a certain number of "factory-gated" cars, and touted that number. It turned out, some of these cars were not complete. Some didn't even have seats. So exaggerating relevant metrics isn't new for Tesla (or other companies for that matter).