Yeah, Porsche is pumping up the handling and ‘perceived interior quality’ over actual performance numbers or value. The $80k version of this car only has 321HP (401hp only when using launch control) and can only manage o-60 in 5.1seconds. It’s still a sporty car, but not even a match for a Model 3 dual motor ($47k,…

So: Honda Ridgeline, Hyundai Santa Cruz, Tesla Cybertruck, Rivian R1T... any other unibody trucks in the works that I’m missing?  Seems like that’s the direction that many automakers are going for new trucks.

I think the real question is how much money are they forced to buy from other automakers for every profitable gas guzzler they sell? Is that a sustainable business model long term?  Those hellcat and TRX models cost a lot in ZEV credits...

Part of me wonders if this strategy that Ford and GM are moving toward is meant to leverage the brand name to spin off a whole separate company that is EV-only and wouldn’t be saddled with the dealerships that the full companies aren’t able to separate from. Seems kind of like a more extreme version of what GM is…

Yup, and Amazon hit 3600 P/E ratio in 2012. When a company flips from negative to positive profits, P/E ratios are often out of whack until they scale a bit more in the profitable side. This P/E ratio for Tesla doesn’t really say as much as people are assuming.  I’d be glad to have bought Amazon in 2012 during their…

Exactly, these were the same reasons why other companies like Amazon traded at ‘high’ multiples for a period when they finally transitioned into profitability. Tesla isn’t ramped yet, but we know that they’re planning to be making several million cars a year in just a couple years. Once Berlin and Austin are running,…

Exactly. Q3 2020, Tesla reported ~23% automotive profit margin, which is after taking out the ZEV credits (it was like 27% with them included). If that quarterly profit margin holds, they’re one of the most profitable auto companies in the world. This ‘Tesla doesn’t make profits on car sales’ line is an old attack…

You sure about that? Decades long? Just like people thought it would take ‘decades’ for cell phones to be adopted? Personal Computers? Digital cameras? digital television? HDTVs? Smartphones?

It constantly surprises me how expensive/fancy trucks have gotten. The fact that $50-75k is an accepted price range for a non heavy duty truck is still pretty weird to me. That said, I’ve never owned a truck so it’s not surprising that my idea of many of these being used for actual work is a bit unrealistic. Stories…

In Soviet Russia, Ship sinks YOU!

It may be enormous, but it’s also saddled with debt that they need to service (nearly $200B).

She’ll go 300 hectares on a single tank of kerosene...

I was thinking it has a subtle Mk.I Escort vibe to it. I also dig it.

Wow, this is such a painfully bad take. It’s written as if the people who choose to buy the FSD option are somehow tricked about what they’re getting. Nobody who pays for this option today thinks it’s feature complete yet. They’re paying a discounted price for an incomplete set of features. When Tesla releases the…

You might want to look up the history of the analyst that gave them that $80 price target, he’s a long-term bear and is pitifully bad at his job.

Exactly. There are lots of people that think that ‘Tesla is just an auto manufacturer’ (h/t Jim Chanos), but they clearly don’t have a full understanding of the company and seem to think that the status quo of car development and sales will continue into the next 20 years or so. Most people still don’t include…

Yes, exactly.  I think they’ve explicitly stated that battery availability is a limitation.  Hopefully they can figure it out quickly and be able to ramp quickly.  50k/year production is commendable, but they’ll need to ramp up from there quickly in my opinion or they’ll be left behind in the transition to majority…

Kinda, I guess. By all accounts the Mach-E is a good effort at making a compelling EV, but their production goals are... not very ambitious. I think the metric moving forward will be more about how quickly each legacy OEM moves to transition to 20%, 50%, and 75% EV production. If Ford’s not making many hundreds of…

Yeah, the ID4 is one of the few EVs that I think actually stands a chance to do well in the US against the existing competitors.  Good specs, good looks, good price.  It doesn’t wow like a Tesla does, but there’s lots of customers who want a more ‘conventional’ SUV option than the Model Y and don’t care about the…

Sign me up!  Looks like an EV Vette-kart.