New Tesla Refreshes, Models, Future Profits
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- เผยแพร่เมื่อ 31 ส.ค. 2023
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This video is meant for entertainment purposes, not Tesla stock investment advice.
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I'm convinced that "events" will not effect the stock price. Wall Street is too stupid. Mexico breaking ground will do little and the Cybertruck launch will go the way of the Highland announcement. The stock will dip after Q3 reports showing sales down due to line closures for Highland even though that should be a long term boost. That is why I am all in long term.
i like the new tone of these videos. more rational. more nuanced. keep it up
thanks, I think I have found the most objective angle now.
Agreed. Rly can find a balanced view here.
How did manufacturing cost get reduced on the Highland refresh? Removing stalks saves some money but they added many more speakers including a second subwoofer. There is more soundproofing, 3 more expensive double layer laminated glass panels, and extra lights and a rear screen. There are no castings or structural battery pack nor a smaller cheaper battery. It seems like costs have increased to me.
Fair point...
Is it possible that Tesla negotiated a deal with new/ existing supplier's?
@@thomasoneill7365 anything is possible… but my educated guess is that it was not worth it to completely take down all the model 3 production lines for months to build an entirely new car so Tesla did what they could. The car looks better and has some decent updates but I’m guessing it’s no cheaper to build.
In the US, the Model X base trim now qualifies for the Federal Tax credit, but the Model S base does not, its a car, and needs to be below $55,000 to qualify.
Yea, I realized after I recorded that. I knew someone would pick up on it. Thanks
Great stuff Lee!! TESLA to the friggin moon brother!! Thanks for your ongoing efforts!! Greeting's from Canada!! GIDDYUP!!
Another enjoyable video, thanks for the info.
Model S doesn't get the tax credit of $7500. Threshold of $55k for cars and $80k for trucks and SUVs. If buyer qualifies.
Any idea what percentage of utilization there was of the M3 production lines prior to the refresh? Curious if that rate would be higher post refresh, and with it margins/profits?
Thanks TE. There are so many moving parts, but it's all leading to something incredible in the Teslaverse.
They still have a couple battery cell companies that are working on manufacturing 4680 cells for Tesla. We haven't heard anything recently on their progress either but I expect they are making progress.
I don't expect the affordable EV to start deliveries next year, and in terms of stock catalysts, the stock went down after the following reveals: Models X, 3, Y, Cybertruck, Model S refresh, Model 3 refresh...I might detect a pattern there. So the affordable model will start affecting stock prices when Tesla shows a quarterly profit bump from it.
But I think the lower price on FSD combined with v12 coming soon and NOT being a Beta, which I am assuming means hands off driving, means a big increase in FSD sales and profits is coming soon.
Do all versions of the new M3 get M3P batteries, or just the RWD?
Please put chapter markers in your videos,thanks
Last time you said you used to drink the coolaid. Well... you were right to drink it. Remember it's at 3500ish $ at 2019 value.. its been a a fun ride.. can it do it again? My guess is 3 times current value in 5 years.
What is going on with BYD getting a battery patent in the United States? I believe it is for the battery that CATL already produces for Tesla, or will produce for Tesla.
Is Tesla battery constrained?
Money is not meant to control people, rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place......
My first profit grew rapidly and that has made me invest without the fear of losing, I got four of my friends that I introduce to him and they are making profits just like me..
I almost want to watch this video again to count how many times the words "ramp, ramping, ramped" etc. Is used. 😅
now that I've started thinking about it...... Ah damn
Wall Street and the FUD are essentially one in the same and they are in part responsible for Tesla's success. The intense scrutiny has forced Tesla to focus on every single step in their process, down to the smallest of details. Of course all things being equal I would prefer that they didn't cut prices, but every car on the road strengthens FSD and that is where the real money and margins will come from.
I just watched a vid on VW future profits, Im going all in on VW.
Good luck! 😊
Volkswagen debt. 100,000,000,000 $
And 90% of all VW's produce in 2023 are ICE car,.. - and Nobody want to buy a new ICE car after year 2026 when a EV cost less. VW lose 20,000$ on every EV sold.
Please wake up when VW make profit selling EV's 😂👍
VW in China are not in top 10 best sellers... VW losning market share like crazy in China!
When you were talking about what might be on the horizon you said the new model y might get as much as "300" miles... I think you meant 400 miles.
RWD with M3P, its only around 240ish now. 300 would be great. I doubt there will ever be a 400 version.
Don’t believe the 10% increase in range from a few minor aero adjustments. A slight increase in aerodynamics only benefits high speed range, not city driving where tesla cars get their best range numbers thanks to lots of regenerative braking.
Did you say refreshed mod 3 has better.msrgins ?
How ?
They dont sell for a higher price do they ?
And if production cost is lower, where you got that from ?
I think the rest was good.🙏
And
Yes they increased the price.
Tesla. Informed of weekly production of 4680 cells equivalent to 1,000 cars per week in December. Presumably the ramp has continued since then, Neither you nor anyone else outside Tesla is aware of progress since then. You can only speculate. In any event it would seem to make sense to restrict production for a period in case problems arise and for further development advancements to take place before increasing production. In order to keep 3rd party battery supply flowing and increasing it’s possible Tesla has an oversupply which negates their need to advance production too quickly. They would not continue to build and fit out battery facilities if there was a change of direction.
Those who devalue the stock because profit margin is lower are short-termers. Day traders? Long-term holders know robotics and robo-taxis are on the way, that FSD will soon earn its title, that energy storage (Megapacks) will keep growing. Being a serene shareholder requires patience.
That's crazy Model X for 72K after incentives
I have not come across any person in real life who can afford M-X able to qualify the Tax credit requirement. That income threshold is too low for someone who will be paying $1200 a month on a car payment.
@@pranavid you don't know anyone who makes less Than 300k married? You a baller!
@@FreedomFinanceFunLOL, I said that I don't know anyone married making less that $300K committing to buy a M-X for $80K. Everyone I come across with such qualification doesn't have $80K +$6K for a car. They all say Honda pilot costs $40K. :D
People who I know can foot $80K for a car earn more that $300K AGI married.
Just make the stock go up.
Not that easy the stock market is corrupt.
@@rickhammond2473 perhaps or even likely true, but why would corruption limit upward movement of the stock of a good company?
@@sohailhines Manipulation Tesla one day will be a 10 trillion dollar company and beyond.People tend to forget Tesla 2015-2019 stock was flat.Holding long and strong 2019.
@@rickhammond2473Yeah. That’s why Tesla is so ridiculously overvalued with PE ratios 10x that of other car companies and even double that of big tech stocks despite those performing far better recently.
@@marctech1996 th-cam.com/video/w2ICUaHut4g/w-d-xo.html
Have you considered that the EV market will turn into the TV market where margins are low and even the market leaders make little money primarily because consumers expect continous price cuts and EV makers have little pricing power. EVs in the long run will be easier to make than ICE due to less parts. Consumers will have little incentive to purchase EV today when they expect in 12 months the price will be cut very significantly. Model X price was cut by 34% since September 2022 for example.
Nope. I highly doubt that.
Apple and Nvidia have tremendous pricing power as semi monopolies. Tesla does not have this kind of pricing power and that is Tesla weakness as an investment. Throughout history the monopolies have been the best investments whether standard oil, Apple, or Nvidia.
Tesla has massive pricing power, Ford's costs are about twice Tesla's, and the Chinese make crap.
@@TeslaEconomist I want to believe that - but whether it's due to the slowing economy or increased competition, Tesla has had to cut prices to respond to the spiking inventory. Add to that, the projected increase in supply due to various planned giga-factories both domestic and international and I don't know if the expanding market is enough to absorb the supply. Although Tesla has made continuous improvements to FSD, they've been slow to fulfill the promise of a truly driverless solution - even for very limited routes/applications. This is a competitive landscape and others are in the race now as well. Reducing the price of FSD is red-flag since it basically undercuts the potential profits from the significant investment that has been made there.
@@sohailhines Tesla just refuses to hold on to inventory, other car makers "sell" to dealers and let the stockpiles grow until the economy improves.
In a few years (or now if you've got a low rate mortgage), Teslas will be cheaper to buy than ICE is to keep running. Then there's a demand for 1 billion cars as that fact is realised.
Take out indicator stalk for margin boost a watch the sales volume decline. Sandy Munro might applaud but if the average Joe doesn’t salute, then that’s not such a great example of decontenting for margin boosting reasons.
Stop talkin shit. How about that?
Sales volume decline because.... buyers will pay $1000s more for a much inferior car that has a stalk?
Leaves cheaper, safer teslas for people who can adapt....
@@StephenKestle ‘much inferior’ is just a perfect example of why Tesla has become lazy and smug.
If I pay an extra 0.3c/km because of slightly less efficiency (when I eventually trade in our Model 3) , but get buttons and stalks in compensation, I won’t be complaining one little bit. It’s just such a pity that gamer tech bros are running the company because there’s nobody else who know what is needed to make it in world auto markets over decades.
@@davidpearn5925 I'm really confused. 0.3c/km sounds like something that's within 20% of the model 3 efficiency... which is your current model 3, or perhaps something completely different (smaller).
Tesla wants to make safest, most affordable (master plan) cars in the world - so they've been lazy and smug for 17 years now.
It's good that you'll buy something different. Elon wants other car companies to survive. For that to happen, a lot of people are going to need to reject Teslas while spending much more money.
@@StephenKestle Elon Musk warns about the threat that the WOKE pose to society. He never fails to pass on his wisdom.
Just spare me his self serving, narcissistic and utterly hypocritical utterances of convenience. He’s a salesman.
Very important that you keep stressing the 4680 silence and rate of production. Elon's silence on this is not encouraging. I went from TSLA being 20% of portfolio to 10% in part because of that and the lack of transparency - while Tesla TH-camrs often congratulate Elon on his amazing transparency.
Lee can I have your old model 3 😅
Re: WS & TSLA. “Sell on news, buy on rumor.” TSLA has ALWAYS done overly worse on news & ambiguous on rumors, since it has so many developments that “analysts” never understand, so their eyes glaze over. The ONLY thing that matters to WS, so far as TSLA goes, is forward profits estimates. Retail investors should focus on Tesla’s dominance in its various markets RELATIVE to its (would be) competition. If the latter doesn’t have directly comparable products, then DO NOT, expect WS hacks to address them until it’s overwhelmingly impossible to ignore, e.g., Tesla’s energy businesses in 2024. Only BYD comes close & WS is “fine” ignoring them, as well. I.e., Don’t hold your breath & just hoard cash while Tesla goes up & buy all the dips as they bottom, then HODL for at least 3 years.
This video is so BAD. Model S does not qualify for the tax credit. Model Y won’t be substantially cheaper with a Highland like redesign. A lot of what makes the Highland cheaper to make already was in the Model Y. If anything the improvements might actually eat into margins to keep it selling well. Berlin is currently doing the opposite of a ramp up and is producing 10-15% fewer vehicles per week than what they announced as the last milestone. FSD is now price dropped so the take up rate must have been abysmal. Remember that Elon originally said prices would ONLY GO UP. So reoccurring revenue is not the justification for Tesla’s absurd market valuation either.
Is that a boogie I see?
I'm not as optimistic as you are.
I live in Europe and over here a lot of people are complaining about the removal of the stalks on the new Model 3. My guess is that demand for Model 3 will drop very fast because of the stalkless design.
If Tesla decide to go the same route with the Model Y refresh they are doomed.
So it's annoying. But what else would you buy?
@@Car-guy307 I would definitely pay extra to get the stalk back
@@StephenKestle I wanted to buy the new Model 3 but the removal of the stalks put me off. Hadn't they removed the stalks, I would have bought it yesterday.
Here are the options I'm considering (no particular order):
- Tesla Model Y
- Renault Mégane E-tech
- MG4
- Volkswagen ID.3
- Hyundai Kona
None of those cars has a better range/price ratio than the new Model 3 but they all have stalks.
I actually think the Model 3 refresh is a downgrade compared to the previous model because as I don't live in a hot climate I don't care about the ventilated seats (though I understand it can be a big plus for some), I think the ambient lighting looks tacky and I don't like the rear screen because I don't want my children to watch TH-cam/Netflix in the car (I think the rear screen should only be available as an option)
The only worth update in the new Model 3 is the slight increase in range (from 491 km WLTP to 513 km WLTP with 19 inch wheels)
I'm upset because I should have bought the old Model 3 version last month when it was still available. But I thought the Model 3 refresh would be compelling. Obviously I was wrong
Probably with V12 the car will signal by itself. You won’t need them.
@@ken-mb5cp I don't plan to buy FSD. By the way in Europe FSD doesn't work because of regulations. We need stalks in Europe.
No stalks is a dealbreaker
Not for me. People adapt.
@@jacka7211 When driving through roundabouts you are required to indicate before exiting which means that the steering is still turned. The stupidity of having the indicator on the steering means that you have to look at the wheel and not where you are going. The wheel could be at any angle.
Unless it’s drive by wire with less than 90° it doesn’t work.
It’s dangerous.
Share price & news??? The market is IGNORANT.....that you can bet on!!!
Disappointed as always . New model, price plunged .
Some thing is very wrong with tesla .
Why is there something wrong with Tesla. The company does not control the stock price.
Nothing is “wrong” with Tesla. Investors (long term shareholders) know this. Gamblers (daytraders) do not.