Author Gio

21.03.2019 14:53

Good News Behind the Bad for Tesla

Good News Behind the Bad for Tesla

0:00 / 0:00

Cast your own eyes and ears about the scenery of transportation, and you will see many high-wire acts. Take Tesla, who announced this week that it was finally going to roll out a $35,000 Model 3, a year and a half after it started sedan production. Or simply take Lyft. The company takes on the big brother Uber this week to file for their IPO. A slew of financial information was released, exposing that the company is gaining momentum on Uber. But it still lost $911 million in the entire process last year. Today, running a transportation tech company is mostly about equilibrium.
In 2018, Tesla traversed a bumpy road — a year that saw CEO Elon Musk step down as chairman as part of an SEC treaty on corruption charges, whereas the electric car manufacturer also come under criticism of labor conditions and production problems.
But for Tesla, too, the past year had great news. In 2018, the company sold probably nearly as many of its vehicles (over 245,000 of them) as it did in each previous year, going right back to its founding in 2003. The implication that Tesla's Model 3 sedan has become the best - supplying luxury vehicle on the US market has helped drive that growth.

Outstripping Supply in the Case of Model 3

For Tesla and Model 3, 2018 is undoubtedly a foundational year. Many economists have argued that the car could be a proposal for the maverick manufacturer to make or break. Recent discoveries show that this may be in the process of being simply decided, even though there are reasons to be optimistic if you're Tesla.

At first look that may appear not to be the situation: those hoping to put in their requests online are presently being informed that the timetable for conveyance, which had quite recently been decreased to 1-3 months (for the back wheel-drive and performance renditions) is currently back to 2-4 months, for all variants. This could be seen as a problematic setback given the company's ongoing issues with achieving production targets.

 

These two variables are likely to explain the greatly increased delay in delivery. Demand outstripping supply is never sad news for a business, especially as Tesla seems to preserve its manufacturing tempo at or near aimed levels. Tesla recently calculated to have around 10,000 Model 3 cars in transit to purchasers at the moment.

TESLA 2019 News Feed

If 2018 was Tesla's 15-year history's wildest and craziest year, then 2019 is looking like it's going to be its most vital year. The all-electric American car corporation CEO Elon Musk will enter 2019 producing and selling more vehicles than ever before, and the company might be well on its way to half a million cars shipped by the end of the year.

Here is a month-by-month (pre-planned) look forward from TESLA in 2019:

JANUARY

The company hopes to significantly add Model 3 to its total delivery for 2018. 100,000 vehicles were delivered in 2017, and the total could be more than doubled in 2018.

FEBRUARY

Tesla's overall gross income should continue to rise regardless of the bottom line. The company could contribute nearly $ 30 billion for the full year of 2019 – around R435 billion at today's exchange rate.

MARCH

With its Model 3, a sedan in an SUV world, Tesla has a market discrepancy in the US. Model Y is going to fix this.

APRIL

Construction began at the end of 2018, but Tesla needs to borrow a few billions to complete the facility, which is supposed to produce vehicles for the huge market in China.

MAY

The expense tracking of Tesla was pretty solid in 2018. But in 2019, the business won't get any cheaper, and Tesla has a bad habit of keeping less cash in the bank than they need to run for a full year to the company.

JUNE

Summer 2019 is expected to be a different matter as Model 3 output levels and lower - cost trim levels hit the market. It might be the first severe summer selling season in the recent history of Tesla.

JULY

Investors were ready to make a break for the company. But this patience is expected to end in 2019.

AUGUST

If Tesla runs in the first quarter of 2019, Musk & Co. will be able to experience their first ... August boring.

SEPTEMBER

Tesla shook his board thanks to Musk's undisciplined 2018, depositing Musk as chairman and attaching Larry Ellison as the director to Oracle's co-founder.

OCTOBER

If Tesla is able to implement in the first half of 2019, positive outcomes will signify the first shot of the company in an efficient full year.

NOVEMBER

Tesla has a fundamental problem to interrogate in the midst of all potentially good news: the more cars it makes, the more stress will be shown by its aging warehouse in Fremont, California.

DECEMBER

If Fremont doesn't really break, Tesla might end up epic in 2019. If half a million vehicles can be produced and sold by the company, it will be on its way to becoming the first American carmaker in years to enter the Detroit big three car makers.

 

That may sound amazing but Tesla has historically fought hard with the car-construction aspect of the automobile business. Musk will also face serious twin tailwinds in 2019: an American economic slowdown and the first phases of America's 2020 presidential election. If the US automobile industry is slipping into a recession, then some pain will not spare Tesla.

On the distant horizon, however, there is excellent news as Tesla is preparing to announce its Model Y crossover SUV including some new vehicles, including a rumored bakkie.

 

YulittaExexy

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19.08.2020 00:16
Alex

Alex

Testing

21.04.2019 15:51
Inventor

Inventor

What about electric rocket ?

22.03.2019 10:33
King_maker

King_maker

Nature is happy with musk cars

22.03.2019 10:32
Alia

Alia

A new race of electric car is started by Musk

22.03.2019 10:31
Abdul kareem

Abdul kareem

Elon you rocked man (ultra legend)

22.03.2019 10:31
rockey

rockey

regretting not buying tesla shares

22.03.2019 10:30
Danny

Danny

Well, I just opened my email and they have my VIN. Have to turn some paperwork in, but it is looking like an end of the month delivery date.

22.03.2019 10:29
IMPoed

IMPoed

I know what it would mean to be Tesla poor, I keep wanting more!!

22.03.2019 10:27
brunun

brunun

"$35,000 Model 3, which will come with the Standard Range battery (210 miles of range)" should be 220 miles, not 210.

22.03.2019 10:27
wild

wild

Nice finish.

22.03.2019 10:26
Deli

Deli

Delivery in 3 - 5 months to non-waiting list customers?? Are most of those hundreds of thousands of deposits/reservations for the 35K model? If they can get to a sustained 5K a week, 3-5 months production is 65,000 to 108,250 of Model 3s produced. I believe their deposits were at something near 450,000 and have been holding steady. Which would mean that ordering a top-of-the-line Model 3 puts you ahead of 76% to 85.6% of the depositors.

22.03.2019 10:26
john moore

john moore

Good to hear how worried you are about pollution, asshole. And we can tell you are not much of a tree hugger. It's hard to do when your arms are wrapped around Putin's ankles.Now off with you, to your white supremacist rally. Zack?

22.03.2019 10:25
wiesold

wiesold

The world is now listening to Trump, who has had it with the scarooing we have been taking for decades from the EU, the UN, NATO, Mexico, Canada, and especially China. I do want Trump to go a little easier on Canada, but not the rest. Tesla is opening a new air-polluting plant in Shanghai, which already has a bigger air pollution problem than Beijing. Of course, the Chinese will steal as much technology as possible from Tesla for its own EV's. If you plan on touring the Shanghai plant when completed, bring a gas mask. (Don't take me seriously. I'm not much of a treehugger.)

22.03.2019 10:25
Delphe

Delphe

They can’t currently meet American demand. They may shift to Europe and try and sell premium Model 3s if they only have 35K buyers left in the USA.

22.03.2019 10:24
Stephen

Stephen

why not other Tesla models 2?? & Used models/CPO too.

22.03.2019 10:24
Neroden

Neroden

There is an overwhelming about of BS being spewed about the Model 3. The dashboard is fine. Excellent, even.

22.03.2019 10:23
Gavyne

Gavyne

It's one of those things where you have to sit in the driver's seat to really appreciate. People who just watch a youtube video may get turned off by the touchscreen location and the lack of controls/dials. But once you drive the Model 3, you'll realize you're closer to the screen than you think, and it's very easy to see your speed and access the controls/navigation on the screen. It'll really help sales now that test drivers are out. Because this is one of those things where people really gotta try it to appreciate. The test drives should turn many skeptics into fans.

22.03.2019 10:23
Devin

Devin

Yes, the screen is fine. Nothing wrong with placement, it's visually easy to see everything.

22.03.2019 10:22
Allen

Allen

@Necro Haha, nice comment. And no offense taken! :D But I think you mean the touchscreen, right? Not the center console for pens/glasses/etc. But yeah, to reiterate, everything I've seen a lot of complaints about left me more happily surprised after actually experiencing the car, since I somehow believed them enough to expect less from Tesla. Honestly, I'm still a bit surprised at how nice the car actually is. It has me thinking hard about what to do in the future ... but my wife still likes the i3 more and I still love it for city driving as well.

22.03.2019 10:22
Necro

Necro

My fears about the touchscreen have all but evaporated. Not because of reviews by tesla fans(no offense zach) but because of the odd lack of complaining from normies. Because you bet your ass that if it was the case that tesla fans were tolerating the touchscreen because they're biased and average people even slightly disliked the thing, there would be an OVERWHELMING amount of criticism from news organizations, seizing on the opportunity to drag elon musk through the mud. They'd be treating the model 3 like windows 8. Since that isn't happening, apparently that argument has approximately 0 traction, and i am confident that the touchscreen is either fine, or good.

22.03.2019 10:21
dinchak

dinchak

It will be interesting to see how the Chinese market takes to Tesla.

22.03.2019 10:19
Allargon3

Allargon3

The fact that the Model 3 outsold the Bolt and the Leaf means someone in the marketing department at both GM and Nissan needs to be shown the door.

22.03.2019 10:19
Electrocar

Electrocar

Good news for Tesla. Deliveries here in Netherlands only started this month and I’ve already seen several and spoken to two owners. Both very pleased with their purchases. Just two months until I get mine.

22.03.2019 10:18
ogowhie

ogowhie

What interior are you talking about as the ones I found online are just the concept and it ain’t going to look like that for under $30k.

22.03.2019 10:18
Narom

Narom

The VW iD sounds amazing If its 200-250mile range for the price of a diesel golf i’ll be buying one over the Tesla Model 3. I’d have ordered a 3 if there was an ability to test drive it and order the cheapest one, it would be the perfect car for my new job. Commuting 50 miles each way, ability to charge at work for free. I just hope the iD lives up to the hype, and they build it for the price they say they do

22.03.2019 10:18
ench

ench

Definitely interested in seeing how that works out. VW has high’s and lows. Hoping this is a high.

22.03.2019 10:17
berklyn

berklyn

Actually, Model 3 sales really started when Tesla mentioned there would be a smaller car than the S! So this is sales data from the past 6 years or so :wink: A sale occurs when a buyer and seller exchange money for item(s), so it’s pretty easy to see when a sale technically happens. And no, Tesla was not taking money 3 years ago for the Model 3. They didn’t start taking actual orders from the public until around early 2018 IIRC

22.03.2019 10:17
Dr strange

Dr strange

Not true. Nissan and Renault are expanding fast, VW and BMW are going to dramatically step up. Even Kia/Hyundai are having huge success at the moment.

22.03.2019 10:17
M siri

M siri

Tesla will sell even more Model 3s this year and you will still say same thing next year. Demand for decent EVs is huge worldwide. Tesla being able to produce them in large quantities is a huge plus. Except few Chinese companies catering to China market, other major companies like GM, Hyundai/Kia, Nissan, etc… have either average products or low production capacities. It will be same for next 1-2 years at least.

22.03.2019 10:16
Graceful

Graceful

The preorders were made over a 3 year period. The sales happened last year.

22.03.2019 10:16
Col mosby

Col mosby

It’s a lie that Tesla Model 3 was a sales leader last year – the "sales" were actually deliveries made last year – the actual sales occurred over a 3 year period.

22.03.2019 10:15
Col mosby

Col mosby

It’s a lie that Tesla Model 3 was a sales leader last year – the "sales" were actually deliveries made last year – the actual sales occurred over a 3 year period.

22.03.2019 10:15
Col mosby

Col mosby

It’s a lie that Tesla Model 3 was a sales leader last year – the "sales" were actually deliveries made last year – the actual sales occurred over a 3 year period.

22.03.2019 10:15
katy

katy

Looks like a red egg

22.03.2019 10:14
Revolution

Revolution

50k. Dream on cockhole

22.03.2019 10:14
Basith

Basith

We need to see a Goodwood run with the Tesla Model 3!

22.03.2019 10:01
Del johnson

Del johnson

Starting at £50k? Are they mental? You could get a very well speced 3 series for that. The interior looks as interesting as inside a shoe box.

22.03.2019 10:01
Hillclimber

Hillclimber

Why have a screen that requires you to take your eyes off the road like that to control basically everything?

22.03.2019 10:00
Hillclimber

Hillclimber

Why have a screen that requires you to take your eyes off the road like that to control basically everything?

22.03.2019 10:00
Fiddler

Fiddler

They're quite popular here in the San Francisco Bay Area--I can't drive anywhere without seeing a couple--but I wouldn't exactly call them the car for the masses with that price tag.

22.03.2019 09:59
Hasnen

Hasnen

@Gene Well, go ahead if you have the money!

22.03.2019 09:58
Gene

Gene

The $37k short range plus version is such a deal I am tempted to buy one just for novelty!

22.03.2019 09:52
Blesh

Blesh

You have to be able to afford the Model 3 P to be benefit from this deal. Sadly that rules me out :)

22.03.2019 09:50
lucy

lucy

So,Tesla has deleted scheduled maintenance,you just have to get it when needed, a big additional benefit.

22.03.2019 09:50
Martin Lacey

Martin Lacey

@Broncobet Of all the FUD you've shared, this is the most believable.

22.03.2019 09:50
Broncobet

Broncobet

So,please excuse me if sometimes I come across as too negative on Tesla,they are delivering lots of EV's and we are cheering them on. I read these things from the Bear camp, and they are very prejudiced and only report things that are negative for Tesla. But... Elon claimed there was a massive wave of deliveries, now the most sustainable method of transport of new cars is by rail,Elon ripped up the rail spur at Fremont and does no freight by rail, he did recently buy 150? Diesel car carriers with stock, today they were spotted over 100 of them at the Lathrop facility, closely parked together completely inactive, over at Fremont another 35 empty car carriers were spotted heading out to lathrop. This could all mean there are still thousands of deliveries, there is inventory spread across the US where customers could take immediate delivery, and Tesla employees can drive to a persons home and Uber back. Sometimes absence of evidence is evidence,and I haven't been reading all the reports where they keep track of the lots of inventory,mnaybe cars are moving out of them and the Bears just don't report it as it is contrary to their narrative. Tesla will give us good numbers at the end of the quarter.

22.03.2019 09:49
High zen

High zen

When the model Y is available you should see a lot of used model 3s.

22.03.2019 09:48
Martin Lacey

Martin Lacey

@Matthew Did you see the blue clay Model Y they drove onto the stage? It even had working doors!

22.03.2019 09:48
Matthew

Matthew

That picture of the Y is a clay model. The 3,S and X are all excellent vehicles, let's hope they finish the engineering on the Y so they can produce another great EV.

22.03.2019 09:47
EE1

EE1

Model 3 is available now to put a smile on your face!

22.03.2019 09:46
Broncobet

Broncobet

@will meek Just wait until they offer it factory installed,I'm sure they'll offer it soon.

22.03.2019 09:46
will meek

will meek

Nope long range Model 3 with a tow bar is the car for me. After i spend two years saving the money.

22.03.2019 09:45
John

John

At least they make an announcement against the BAU model of not having any idea what the base price of a vehicle may be. The customer goes and looks at a vehicle and mr or ms smiley face salesperson then tries to sell a car at the dearest price possible or hoodwinks the customer by selling over the top priced add ons and if a trade in pays rock bottom price.

22.03.2019 09:44
Timothy

Timothy

"my poor old 2008 Subaru" Lucky you :) My 1994 Ford Festiva is starting to struggle big time, I'm not sure it will go the distance.

22.03.2019 09:44
wild_easy

wild_easy

Nowhere did Elon say cheap version, it's going to be the most expensive model 3.

22.03.2019 09:43

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