4 ms·

EVs are not something only some companies or people can do, they can be replicated by any car company at this moment, look EU companies, Renault and Volkswagen

EVs are not something only some companies or people can do, they can be replicated by any car company at this moment, look EU companies, Renault and Volkswagen are already in top by selling electric cars across Europe. Also GM is working on EVs, their Electric Hummer maybe released soon as well

DarmokJalad1701 6y ago
soon™ They have been saying that for years now. The electric Hummer will have its niche buyers. But in terms of specs, it is very lacking compared to Tesla's offerings. Tesla has figured out how to manufacture EVs at scale with a ~20%+ gross margin. This will only go up as their numbers go up and they start producing their own 4680 cells. No other auto-maker has even tried to come up with their own cell chemistry. They still rely on suppliers like LG-Chem. Most automakers make single digit margins on ICE cars and lose money on EVs. At this point, OEMs like GM and Ford are too far behind IMO. VW is probably the closest to Tesla right now. Their CEO recently said they are probably years behind. https://www.teslarati.com/volkswagen-tesla-10-year-headstart/ https://www.teslarati.com/volkswagen-tesla-10-year-headstart... https://www.barrons.com/articles/tesla-has-a-giant-fan-germanys-vw-51595601718 https://www.barrons.com/articles/tesla-has-a-giant-fan-germa... https://electrek.co/2020/02/17/tesla-teardown-6-years-lead-over-toyota-vw/ https://electrek.co/2020/02/17/tesla-teardown-6-years-lead-o... https://insideevs.com/news/454957/volkswagen-group-ceo-tesla-future-race-advantages/ https://insideevs.com/news/454957/volkswagen-group-ceo-tesla... https://electrek.co/2020/03/02/vw-chief-adjusts-goal-from-overtaking-tesla-to-keep-as-close-as-possible/ https://electrek.co/2020/03/02/vw-chief-adjusts-goal-from-ov...
- bildung 6y ago
  No, right now. Tesla isn't even in the top 5 of EV cars sold in Germany anymore. Edit: Renault already reported gross margin profitability of its EV models in 2017: https://www.handelsblatt.com/unternehmen/industrie/renault-macht-rekordgewinn-carlos-ghosn-in-der-form-seines-lebens/19376200.html https://www.handelsblatt.com/unternehmen/industrie/renault-m... (German source)
  - DarmokJalad1701 6y ago
    > Tesla isn't even in the top 5 of EV cars sold in Germany anymore. Are you sure? Model 3 is the #3 best-selling in 2020 so far. https://cleantechnica.com/2020/12/03/german-ev-market-rockets-above-20-share-in-november/ https://cleantechnica.com/2020/12/03/german-ev-market-rocket... Tesla sends its cars to Germany by ship right now (previously from US, now from China). It arrives once a quarter resulting in lumpy numbers. Once their Berlin gigafactory is operational next year, the numbers will climb significantly and costs will decline. They might also release a EU-only model, possibly a hatchback, built in Berlin.
    - bildung 6y ago
      You are right, I was mistaken because of the table in this link: https://www.auto-motor-und-sport.de/verkehr/elektroauto-neuzulassungen-deutschland-oktober-gesamtjahr-2020/ https://www.auto-motor-und-sport.de/verkehr/elektroauto-neuz... The downtrend for Tesla is clear though, if you compare the quarterly sales. I doubt the Tesla factory in Brandenburg will change that. Tesla would have to release a new, smaller model for the European market. Now that buyers have a choice, they apparently choose the smaller, cheaper models available.

DarmokJalad1701 6y ago

soon™ They have been saying that for years now. The electric Hummer will have its niche buyers. But in terms of specs, it is very lacking compared to Tesla's offerings. Tesla has figured out how to manufacture EVs at scale with a ~20%+ gross margin. This will only go up as their numbers go up and they start producing their own 4680 cells. No other auto-maker has even tried to come up with their own cell chemistry. They still rely on suppliers like LG-Chem. Most automakers make single digit margins on ICE cars and lose money on EVs. At this point, OEMs like GM and Ford are too far behind IMO. VW is probably the closest to Tesla right now. Their CEO recently said they are probably years behind. https://www.teslarati.com/volkswagen-tesla-10-year-headstart/ https://www.teslarati.com/volkswagen-tesla-10-year-headstart... https://www.barrons.com/articles/tesla-has-a-giant-fan-germanys-vw-51595601718 https://www.barrons.com/articles/tesla-has-a-giant-fan-germa... https://electrek.co/2020/02/17/tesla-teardown-6-years-lead-over-toyota-vw/ https://electrek.co/2020/02/17/tesla-teardown-6-years-lead-o... https://insideevs.com/news/454957/volkswagen-group-ceo-tesla-future-race-advantages/ https://insideevs.com/news/454957/volkswagen-group-ceo-tesla... https://electrek.co/2020/03/02/vw-chief-adjusts-goal-from-overtaking-tesla-to-keep-as-close-as-possible/ https://electrek.co/2020/03/02/vw-chief-adjusts-goal-from-ov...

bildung 6y ago
No, right now. Tesla isn't even in the top 5 of EV cars sold in Germany anymore. Edit: Renault already reported gross margin profitability of its EV models in 2017: https://www.handelsblatt.com/unternehmen/industrie/renault-macht-rekordgewinn-carlos-ghosn-in-der-form-seines-lebens/19376200.html https://www.handelsblatt.com/unternehmen/industrie/renault-m... (German source)
- DarmokJalad1701 6y ago
  > Tesla isn't even in the top 5 of EV cars sold in Germany anymore. Are you sure? Model 3 is the #3 best-selling in 2020 so far. https://cleantechnica.com/2020/12/03/german-ev-market-rockets-above-20-share-in-november/ https://cleantechnica.com/2020/12/03/german-ev-market-rocket... Tesla sends its cars to Germany by ship right now (previously from US, now from China). It arrives once a quarter resulting in lumpy numbers. Once their Berlin gigafactory is operational next year, the numbers will climb significantly and costs will decline. They might also release a EU-only model, possibly a hatchback, built in Berlin.
  - bildung 6y ago
    You are right, I was mistaken because of the table in this link: https://www.auto-motor-und-sport.de/verkehr/elektroauto-neuzulassungen-deutschland-oktober-gesamtjahr-2020/ https://www.auto-motor-und-sport.de/verkehr/elektroauto-neuz... The downtrend for Tesla is clear though, if you compare the quarterly sales. I doubt the Tesla factory in Brandenburg will change that. Tesla would have to release a new, smaller model for the European market. Now that buyers have a choice, they apparently choose the smaller, cheaper models available.