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Tesla Vehicle Production and Deliveries for 3Q 2022
- bilsbie 4y agoIf I was in charge I’d be tempted to only make model Y. It would pick up all the demand and it’s probably the cheapest to make. And you’d save money not running four different production lines.
- simonswords82 4y agoI am generalising but if you have 4 models currently and stop making 3 of them (75%) you run the risk of alienating 75% of prospective customers surely?
- inawarminister 4y agoNot if each models' consumer preferences size vastly differ. For example, I am sure that Model 3 has much more of a mass market attractiveness than Model S, if only due to being half the price (and smaller).
- simonswords82 4y agoI agree, which is why I said in my post that I am generalising. I am sure that the market size for each model is not exactly 25% but nonetheless, if you ditch models you ditch access to specific markets. Shame we don't have the model sales numbers from Tesla to be more specific here.
- bhauer 4y agoThere is some validity to that argument. Ironically, Tesla receives a significant amount of criticism/hate for the small size of their product line up (four models, where each pair of two is very similar: X & S, and Y & 3). Many analysts and critics fail to appreciate how much market opportunity exists for a single very well-executed vehicle per major category, such as "small SUV."
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- type_Ben_struct 4y agoImpressive numbers. The main problem for me is that the Supercharger network is not scaling at the same rate.
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- api 4y agoA major advancement for EV adoption would be mandatory standardization of CCS and mandatory conversion assistance or adapters for cars with other standards. There are not three different AC plug standards.
- jjtheblunt 4y agomandatory standardization can kill innovation. what a hell it would be if Chademo had been the mandatory standard.
- TotempaaltJ 4y agoWe've had the period of standards competition and CCS has won. Now is exactly the right time to standardize.
- toomuchtodo 4y agoCCS won in Europe because the EU mandated it. Tesla won in the US because they have majority of marketshare and built out a nationwide fast DC charging network on their own [1]. If they get federal funds to enable CCS, fine, otherwise keep the advantage to drive sales and let legacy automakers flail in the wind. There is no political appetite to mandate CCS in the US. That’s the cost of hesitating and a half assed approach to an EV go to market strategy (Tesla has sunk almost $1B into its global fast DC charging network, VW only did through Electrify America because it was a Diselgate settlement requirement). [1] https://supercharge.info/map https://supercharge.info/map
- tromp 4y agoA bit disappointing to see Model S and Model X numbers lumped together, as well as Model 3 and Model Y numbers. I'm sure the model S sells better than the Model X but I'm curious which of Model 3 and Model Y sells better...
- nopenopenopeno 4y agoBased on what I see on the road, I think it’s more than safe to say Model 3 sells much better.
- toomuchtodo 4y agohttps://insideevs.com/news/602829/tesla-modely-best-selling/ https://insideevs.com/news/602829/tesla-modely-best-selling/
- ShamelessC 4y agoAre you familiar with the phrase "availability heuristic"?
- speedgoose 4y agoThe model y is newer so that’s why you see fewer of them. I don’t know for other countries but in Norway it sells a lot more since it’s release: https://elbilstatistikk.no/ https://elbilstatistikk.no/
- bombcar 4y agoCan we get estimates by backing out revenue? I remember people doing that with Apple sales numbers (Jade!).
- kjksf 4y agoToday they sell more Model Y than Model 3 and the gap will increase further in next 2 years. In Shanghai factory they make 2 Model Y for each Model 3. In Fremont they do both Model 3 and Model Y, don't know the breakdown. Possibly more Model 3 because that was the first car they made there and they still have more production lines for Model 3. Austin and Berlin are only Model Y. They don't contribute much today (maybe 3k/week) but they'll ramp to 500k cars each within 2 years, hence the production (and sales) of Model Y will grow significantly while production of Model 3 not so much.
- brtkdotse 4y agoBalsy move to use the Semi as the header image.
- leobg 4y agoWell, today we learned why. [1] [1] https://twitter.com/elonmusk/status/1578170980283076608 https://twitter.com/elonmusk/status/1578170980283076608
- mrlonglong 4y agoI want to see figures broken down by regions, especially in Europe and China.
- ltbarcly3 4y agoAnother quarter of stagnant growth, I suspect the stock price will return to earth soon (which is maybe 5 to 10% of it's current market cap).
- 4khilles 4y agoIn what world is 42% yoy growth in deliveries stagnant?
- ltbarcly3 4y agoIn this world? Their share price assumes > 200% annual YoY growth for the next 6-8 years at least. Stock price is down 15% in the last 5 days (GOOG up 4%, META up 4%, F (ford) up 2%: not a general market movement) so the market seems to agree with me?
- noncoml 4y agoPeople are buying them even at these prices? Y is at the price point S used to be a few years ago. Impressive. I guess there is no crisis
- TaylorAlexander 4y agoThere is a crisis for many, and a sharp divide in our society where some are thriving while others are struggling to survive.
- hutzlibu 4y agoAnd it always has been like this. But it seems to get more and more extreme.
- systemvoltage 4y agoThose thriving are stealing from those struggling to survive? Or has the pie grown larger?
- TrapLord_Rhodo 4y agoIf the pie grows with credit and industry, but those slices are used to control other slices of the pie; can't both be true?
- TaylorAlexander 4y agoDepending on how you feel about unions and labor power, you could argue that those thriving have been stealing negotiating power from those struggling, and that this has led to the growing divide between classes.
- twblalock 4y agoPeople are paying more than MSRP for used Teslas because the waiting list for some models is so long. That's also happening for a lot of other electric cars, and popular newer gas cars like Jeep Gladiators and Broncos.
- geoffeg 4y agoHas the quality of Tesla vehicles, specifically the Model 3, improved since production began? There were lots of reports of poor quality, inconsistencies and very long repair times when they first came out. Elon himself even said to wait until production reaches a steady state: https://www.businessinsider.com/elon-musk-best-time-to-buy-tesla-quality-issues-2021-2 https://www.businessinsider.com/elon-musk-best-time-to-buy-t... I have a Chevy Volt right now, but I sometimes wonder what I'd buy if it were to be totaled in an accident since GM made the (poor, IMHO) decision to discontinue the Volt.
- bagels 4y agoThey're a lot better than when the model 3 first came out. There are still some fit and finish issues in body panels though, the standard is not up to any other manufacturer there.
- speedgoose 4y agoIn the price range for sure, but you can find a lot worse at lower prices. The Chinese and German Tesla are also fine in terms of body panel gaps.
- fallingknife 4y agoAnecdotally, between friends and family, I know 5 people who have bought them and all love them. Tesla does rank near the bottom in "initial quality" but when you actually look at the numbers, it's not a dramatic difference. They have 25% more problems than the industry average, and are about equivalent to VW, which nobody seems to consider a low quality car. https://www.jdpower.com/business/press-releases/2022-us-initial-quality-study-iqs https://www.jdpower.com/business/press-releases/2022-us-init...
- colordrops 4y agoI have one of the first 5000 VINs released and it's been totally fine. Haven't had problems scheduling appointments with Tesla and getting work done. Cracked the roof with a bad bike rack once and they replaced it within a day.
- mg 4y ago343,000 cars this quarter. That means over the last 12 months, Tesla delivered 1.2M cars. Looking at the trailing 12 months for every Q3 in Tesla's history, the story so far nicely resembles an exponential growth curve.
- TrapLord_Rhodo 4y agoGiven their profit margins are 3x industry average and with Berlin and Austin ramping up seems like Tesla is going to have a fantastic 2023, 2024. The Cybertruck is going to have an incredible margin as well due to it's simplistic design.
- martythemaniak 4y agoWell, Tesla wants to get to 20M/year. Toyota and VW each ship around 10M/year today, so they still have a long way to go to meet their own goals. Their current set of factories can scale up to around 3-4M, so watch for more factory announcements.
- vardump 4y ago> Their current set of factories can scale up to around 3-4M, so watch for more factory announcements. A lot of opinions about this. 3-4M is pretty lowball, as it would mean all 3 new factories are only going to be at about 1M each. Some say ultimate production numbers could be 2M for Austin, 2M for Shanghai, 1M for Berlin and 600k for Fremont, IIRC. No matter what, I'd expect Tesla to announce their next factor(y|ies) pretty soon.
- habibur 4y agoProduced 365,000 cars in 90 days. That's 3 cars per minute.
- Animats 4y agoNice. But why did Tesla head their ship data with a picture of a truck they don't make?
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- adventured 4y agoBy that same premise SpaceX should never show off any imagery about where they're planning to go (Mars), or what rockets they're planning to build. You've no doubt seen the past renderings of what they plotted Starship to look like, and that projection changed repeatedly across many years. It's quite obvious why Tesla put that image at the top: the building and deployment of the truck is aspirational for the company. There is nothing wrong with that. All other automakers, without exception, do the same thing in regards to aspirational future products, and they do not get mocked for it nearly as much as Tesla does. A truck they don't yet make is not the same notion as a truck they will never make.
- vardump 4y agoIsn't limited production of Tesla Semi supposed to start right about now, 2022 Q4, IIRC?