Battery based vehicles of today and tomorrow pt 2

   / Battery based vehicles of today and tomorrow pt 2 #16,322  
I will be a buyer if this happens.


1 Wall Street Analyst Thinks Tesla Stock Is Going to $125. Is It a Sell?​


Is it time to sell Tesla?​

If Langan is right, Tesla shares will reach a level last seen in January 2023. While Tesla continued to ramp up production and sales during 2023, it was also a year of rising competition. That led to price reductions on its electric cars to help spur sales. The result was higher revenue as volume grew compared to 2022, but lower profit margin and free cash flow.

Langan and his team think that trend will continue in 2024. In a note to clients, he wrote "We expect volume to disappoint as price cuts are having a diminishing impact on demand." He believes the result will be lower-than-expected vehicle deliveries and sees 2024 net earnings coming in more than 30% below current analyst estimates.

Most notable is the fact that the analyst now sees vehicle delivery volume flat in 2024 versus 2023. Tesla delivered about 1.8 million EVs last year. Langan also projects that level will remain the same for 2025 as well.

If those projections turn out to be accurate, it's likely that he will be proven right that Tesla stock can drop another 28% from its current level.
 
   / Battery based vehicles of today and tomorrow pt 2 #16,323  
That's a sad story for a young child to deal with for sure.

Yesterday I when over using the manual door releases again with the wife on our 2023 Model Y.

Also from the article that the EV hater posted:

No one in the family blames Tesla, according to a person familiar with the situation. Breyer and his wife had three Teslas and loved them, and often spoke about how electric vehicles were good for the planet. Breyer considers himself a friend of Elon Musk’s.

From the Tesla hit piece:

Some blame the doors’ convoluted emergency opening system, while others eye the touchscreen shifter that had previously troubled Chao.

Here is the "convoluted" emergency opening system from the drivers door:

Opening the Front Doors from the Inside with or without Power To open the front doors from inside Model X with or without 12V power, pull the mechanical release door handle towards you.
 
Last edited:
   / Battery based vehicles of today and tomorrow pt 2 #16,324  
   / Battery based vehicles of today and tomorrow pt 2 #16,326  
You mean pure EV companies aren't scaling back, while legacy automakers with ICE are?

No way.

Not sure if your omission of that part of the article was intentional.

Tesla owns the majority of the EV market so EV's are here to stay.
 
   / Battery based vehicles of today and tomorrow pt 2 #16,327  
Not sure if your omission of that part of the article was intentional.

Tesla owns the majority of the EV market so EV's are here to stay.

legacy automakers do not agree with this sentiment.
 
   / Battery based vehicles of today and tomorrow pt 2 #16,328  
Somehow you missed the purpose of the article, pure EV makers and legacy automakers are heading in opposite directions...which is a 180 from just a year ago.
 
   / Battery based vehicles of today and tomorrow pt 2 #16,329  
Does everybody hate Elon?


Elon Musk's Mockery Of OpenAI Logo Leads To Users Schooling Him That Tesla's FSD Is A 'Lie Too'​


Elon Musk, the CEO of Tesla Inc and SpaceX, on Tuesday shared a controversial image on X, formerly known as Twitter, which is a visual play on words.

What Happened: Musk posted an image with the caption, “The new OpenAI logo is really on point.” The image in question is a calligram, a visual representation of a word, where the word “LIE” is arranged to form the shape of “OPENAI.”

Many users interpreted the image as a suggestion that OpenAI, a company Musk co-founded in 2015 and left in 2018, is not being truthful. However, not all users agreed with Musk’s interpretation.

One user responded to Musk’s post, saying, “Full Self Driving is a lie too. Change the name Elon.” Another user commented, “every tweet like this, another analyst downgrades tesla.”

Why It Matters: Musk’s relationship with OpenAI has been tumultuous. He sued the company in March this year for allegedly betraying the founding principles of the AI startup. OpenAI, in response, expressed regret over the legal dispute with Musk, whom they deeply admired.

OpenAI has also refuted Musk’s claims regarding the existence of a "founding agreement" for the company's non-profit status and the non-disclosure of source code. The company, backed by Microsoft Corporation, stated that there is no agreement with Musk.

“The Founding Agreement is instead a fiction Musk has conjured to lay unearned claim to the fruits of an enterprise he initially supported, then abandoned, then watched succeed without him," OpenAI said.

Musk has repeatedly been bashing OpenAI on his social media platform. Earlier this month, he retorted after ChatGPT-parent some old emails showing the tech mogul was on board with making the company for-profit, saying, “Change your name… To ClosedAI and I will drop the lawsuit.”
 
   / Battery based vehicles of today and tomorrow pt 2 #16,330  
 
Top