Tesla and Uber Unlikely to Survive...

[anonymous-user]

Next Tesla update 30 jan

http://ir.tesla.com/events/event-details/tesla-inc...

[anonymous-user]

Amidst stories of production cuts for S & X

https://www.bloomberg.com/news/articles/2019-01-23...

Share price reaction indicates that is thought to be more down to reduced demand than increased production efficiencies

[Burwood]

Porsche double production of Taycan to 40k due to unprecedented demand.
Interesting. Norway are big buyers of EV cars. VAG preorders now equal Tesla at 10k units split etron and taycan.

[RobDickinson]

Lot of taycan buyers are currently running tesla. Not surprising really.

Market should be big enough for both.

Less s and x made at the moment also is logical as they have just removed the 75d model.

[gangzoom]

JPJPJP said:

Amidst stories of production cuts for S & X

https://www.bloomberg.com/news/articles/2019-01-23...

Share price reaction indicates that is thought to be more down to reduced demand than increased production efficiencies

This is simply about margins. Tesla makes more money per AWD/Performance 3 than a base 75D S/X. The reason the 75 even 60 S/X existed is because at the time the only way for Tesla to hit higher volume numbers the markets demanded was to cut price. The Model 3 is now the volume mover so makes little sense to keep selling the less profitable S/X.

At one point you could get a Model X for £64k versus £90k now, the only real difference is a bigger battery which costs Tesla sub $5k. Now , consider the cheapest Model 3 when it finally appears in the UK will be £50k and £70k for the Performance version, you can see how much profit Tesla is making on the 3 and how thin the margins were on a 60D X.

Edited by gangzoom on Thursday 24th January 06:42

[RJG46]

JPJPJP said:

Amidst stories of production cuts for S & X

https://www.bloomberg.com/news/articles/2019-01-23...

Share price reaction indicates that is thought to be more down to reduced demand than increased production efficiencies

Reduced demand?

They haven't exactly been selling like hot cakes in the UK.

[skwdenyer]

RJG46 said:

Reduced demand?

They haven't exactly been selling like hot cakes in the UK.

Model S appears to have been the best-selling vehicle in its price/size class in Europe in 2018.
So not too shabby...

[RobDickinson]

RJG46 said:

They haven't exactly been selling like hot cakes in the UK.

• citaton needed.

According to http://carsalesbase.com/european-car-sales-data/te... Tesla is on track to sell around the same number of cars in 2018 as 2017 in Europe. I cant find exact figures for Uk but it doesnt matter....

[Witchfinder]

skwdenyer said:

Model S appears to have been the best-selling vehicle in its price/size class in Europe in 2018.
So not too shabby...

True, but what do you think the 2019 sales will look like? There can't be much of a market for a car that starts at nearly 90 grand.

[RobDickinson]

Uh that's why s and x sales have been going up year on year in Europe?

[hyphen]

skwdenyer said:

Model S appears to have been the best-selling vehicle in its price/size class in Europe in 2018.
So not too shabby...

What size and class is that?

[RobDickinson]

I'm not sure what class but compared to e class / 5 series it's not close. About a tenth of the sales.

[RJG46]

RobDickinson said:

RJG46 said:

They haven't exactly been selling like hot cakes in the UK.

• citaton needed.

According to http://carsalesbase.com/european-car-sales-data/te... Tesla is on track to sell around the same number of cars in 2018 as 2017 in Europe. I cant find exact figures for Uk but it doesnt matter....

I've seen one X on the road in the UK.

[anonymous-user]

Not sure how accurate this is (supposedly to to end Q3_18)

https://www.howmanyleft.co.uk/?utf8=✓&q...

[NerveAgent]

I’ve seen more than one in the last 4 hours.

[Heres Johnny]

Don’t you just love numbers...

Sold more cars in Europe... great..

Sold roughly the same globally so somewhere the market has shrunk..

Uk sales lower in 2018 c/w 2017... bad..
Tesla selling more cars in more countries..... good...

And so it will repeat this year...

US M3 sales will tank in 2019 H1 compared to 2018 H2..

But no surprise as EU M3 sales mean Tesla do record registrations in NL and NO...

Everyone is right...

[RobDickinson]

Us sales of the 3 will fall, they can't sell as many there and supply China and Europe.

But they can make 90k+ cars a quarter this year, and gf3 should start production end of the year.

[Heres Johnny]

RobDickinson said:

Us sales of the 3 will fall, they can't sell as many there and supply China and Europe.

But they can make 90k+ cars a quarter this year, and gf3 should start production end of the year.

First part - exactly and some will take great delight in the fall when it’s actually inevitable, some will take great pleasure in the Europe numbers and the arguments will continue unabated. Tesla saying US figures are a relative blip and steady state is only half, EU sales doing the same H1, ROW following same pattern 6-9 months later and a general 10% increase in overall sales would build a sustainable growth pattern supporting medium to long term production. blah blah.. would have been smart in my book. That’s what companies normally do when talking to analysts.

The second part, all I’ll say is a year is a long time in the life of Tesla.

[RobDickinson]

They have the mr 3 to sell into Europe 2nd half, plus rhd for uk/Japan /nz/Oz etc, and short range in USA too.

As for gf3.. It's China + tesla, elsewhere no chance but China?

[EddieSteadyGo]

RJG46 said:

I've seen one X on the road in the UK.

Then you don't get out much in SE England.