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> important product Sure in Bel Air is really important to own a Tesla, just like (if not more) than the car brands mentioned in my handle... > substantial r

> important product Sure in Bel Air is really important to own a Tesla, just like (if not more) than the car brands mentioned in my handle... > substantial real revenues How much of that is credits? > growing at a remarkable rate A company incorporated 20 years ago growing at a remarkable rate either implies incompetence in its administration up to now, or a dishonest scheme put in place to artificially simulate "a remarkable rate of growth" right now. Companies with similar access to talent and capital simply came to dominate their industry in the same timeframe (Amazon, Google, Microsoft, Apple, Salesforce, Intel, HP...) Globally speaking what % of cars sold are Teslas? 1 or 2 % ? Tesla and Musk dominate the newscycle of the financial press, the tabloids and the blogsphere but out there, in the real world they are essentially nonexistent. It seems like the dictionary definition of an influencer to me.

reducesuffering 4y ago
Tesla is shipping 1.2m cars / year and just finished two ginormous state of the art factories in Giga Berlin and Austin, that will end up doubling that. There is so much demand for these autos, outside of Bel Air, that it currently takes 8 months for a Model Y order today to arrive, even though the current factories are producing full capacity. Why are you so hung up about credits from last year?
- McLaren_Ferrari 4y ago
  [dead]
  - reducesuffering 4y ago
    You are confusing the past for what the future is going to be. We are heading into an EV sales only future in most developed economies by 2040. Already, Tesla Model 3 is the best selling luxury car in the US, Model Y production has just been ramping up to soon overtake crossover/SUV, and these are making money hand over fist so they are only focusing on this upper market while they’re production constrained. As soon as production ramps up they’ll start cutting into economy car markets just like they did luxury, and you’ll see 10m out of those 78m TAM. Meanwhile, they no longer have any debt while most other car mfgs are servicing massive 10-100b ish debt piles.
    - McLaren_Ferrari 4y ago
      > You are confusing the past for what the future is going to be Musk sued to gain control of Tesla in 2002. He's been talking and rambling about the future™ for 20 years now. 20 years, all while pocketing billions of government money. Now you are saying 2040, next year you'll say 2050, the year after that 2060. In the meantime he's getting paid hundreds of billions of dollars right now, not in the future™. It's typical of cults to extract money from believers right now in order to compensate the cult leader for work that he will complete 30 or 40 years into the future™. It's a scam. Amazon was built in 20 years and it also needed to deal with building factories in the real world, unions, logistics etc. Did so without govt. money and without constant pumps and equity raises. It's there selling 400B dollars worth of products every year. The guy who built it stepped down and the company is still there because its so solid that it can stand alone now. You know as well as I that if Musk OD's on one of his drugs of choice the whole scheme would collapse because the cult only has a reason to exist as long as the cult leader is there to show the way forward ....into the future™
      - reducesuffering 4y ago
        > “It's there selling 400B dollars worth of products every year.” Exactly. Tesla is selling $54b at 71% YoY revenue growth, while Amazon’s $470b is 22% growth.
        McLaren_Ferrari 4y ago
        Also known as the difference between accomplishing something and talking about it. Amazon has total domination in the enterprise cloud business and is the largest player in online retail. But you know in the world of contraries , winning is a huge liability because it means you arrived at the end of the road, whereas failing to achieve more than 1.5% of market share in 20 years is a huge success because it allows people to daydream of infinite curves which go up & to the right forever after slouching for 20 years /s If you are good, you are good from the get go.
        4y ago
  - pedalpete 4y ago
    The stock doesn't need to trade on market share. Look at profits. Real $$ and growth of those real $$. $17B in Q1. With 80% YoY growth, and new factories able to supply the growing demand, it is within reason to expect $30B profit in Q4 (or Q1 2022 if you'd prefer). They are trading at 10x multiple on annual PROFIT. Toyota's profit last quarter was $6.8B with a market cap of $280B, and not growing. So they have annual profit of $28B, also trading at 10x multiple on annual profit. Makes tesla look like a good buy to me.
mwint 4y ago
Lol, the regulatory credit thing again. Here are the Q1 numbers [0]: - Total revenue: $18,756M - Gross profit: $5,460M - Total regulatory credits: $679M So to answer your question, about 4% of their revenue is credits. It’s been tiny compared to automotive revenue for at least a year. So we can stop perpetuating that little myth. 0: https://tesla-cdn.thron.com/static/IOSHZZ_TSLA_Q1_2022_Update_G9MOZE.pdf?xseo=&response-content-disposition=inline%3Bfilename%3D%22TSLA-Q1-2022-Update.pdf%22 https://tesla-cdn.thron.com/static/IOSHZZ_TSLA_Q1_2022_Updat...

reducesuffering 4y ago

Tesla is shipping 1.2m cars / year and just finished two ginormous state of the art factories in Giga Berlin and Austin, that will end up doubling that. There is so much demand for these autos, outside of Bel Air, that it currently takes 8 months for a Model Y order today to arrive, even though the current factories are producing full capacity. Why are you so hung up about credits from last year?

McLaren_Ferrari 4y ago
[dead]
- reducesuffering 4y ago
  You are confusing the past for what the future is going to be. We are heading into an EV sales only future in most developed economies by 2040. Already, Tesla Model 3 is the best selling luxury car in the US, Model Y production has just been ramping up to soon overtake crossover/SUV, and these are making money hand over fist so they are only focusing on this upper market while they’re production constrained. As soon as production ramps up they’ll start cutting into economy car markets just like they did luxury, and you’ll see 10m out of those 78m TAM. Meanwhile, they no longer have any debt while most other car mfgs are servicing massive 10-100b ish debt piles.
  - McLaren_Ferrari 4y ago
    > You are confusing the past for what the future is going to be Musk sued to gain control of Tesla in 2002. He's been talking and rambling about the future™ for 20 years now. 20 years, all while pocketing billions of government money. Now you are saying 2040, next year you'll say 2050, the year after that 2060. In the meantime he's getting paid hundreds of billions of dollars right now, not in the future™. It's typical of cults to extract money from believers right now in order to compensate the cult leader for work that he will complete 30 or 40 years into the future™. It's a scam. Amazon was built in 20 years and it also needed to deal with building factories in the real world, unions, logistics etc. Did so without govt. money and without constant pumps and equity raises. It's there selling 400B dollars worth of products every year. The guy who built it stepped down and the company is still there because its so solid that it can stand alone now. You know as well as I that if Musk OD's on one of his drugs of choice the whole scheme would collapse because the cult only has a reason to exist as long as the cult leader is there to show the way forward ....into the future™
    - reducesuffering 4y ago
      > “It's there selling 400B dollars worth of products every year.” Exactly. Tesla is selling $54b at 71% YoY revenue growth, while Amazon’s $470b is 22% growth.
      - McLaren_Ferrari 4y ago
        Also known as the difference between accomplishing something and talking about it. Amazon has total domination in the enterprise cloud business and is the largest player in online retail. But you know in the world of contraries , winning is a huge liability because it means you arrived at the end of the road, whereas failing to achieve more than 1.5% of market share in 20 years is a huge success because it allows people to daydream of infinite curves which go up & to the right forever after slouching for 20 years /s If you are good, you are good from the get go.
        4y ago
- pedalpete 4y ago
  The stock doesn't need to trade on market share. Look at profits. Real $$ and growth of those real $$. $17B in Q1. With 80% YoY growth, and new factories able to supply the growing demand, it is within reason to expect $30B profit in Q4 (or Q1 2022 if you'd prefer). They are trading at 10x multiple on annual PROFIT. Toyota's profit last quarter was $6.8B with a market cap of $280B, and not growing. So they have annual profit of $28B, also trading at 10x multiple on annual profit. Makes tesla look like a good buy to me.

mwint 4y ago

Lol, the regulatory credit thing again. Here are the Q1 numbers [0]: - Total revenue: $18,756M - Gross profit: $5,460M - Total regulatory credits: $679M So to answer your question, about 4% of their revenue is credits. It’s been tiny compared to automotive revenue for at least a year. So we can stop perpetuating that little myth. 0: https://tesla-cdn.thron.com/static/IOSHZZ_TSLA_Q1_2022_Update_G9MOZE.pdf?xseo=&response-content-disposition=inline%3Bfilename%3D%22TSLA-Q1-2022-Update.pdf%22 https://tesla-cdn.thron.com/static/IOSHZZ_TSLA_Q1_2022_Updat...