Tesla earns $690M less than expected in third quarter

I bought one before all his shenanigans and I regret it. I went from loving the car to feeling pretty gross about it in the course of like 3 weeks.

Sorry, why wont you get caught dead driving one?

You wouldn't drive a car because you're worried about what other people may think of you because they don't like the CEO of the company that made the car that they see you driving in?

An electric Audi in Australia has an entry level 2022 sedan model price of AUD157,000 is hardly "real competition".

A Model 3 2023 Tesla entry level 2023 has a price of $61,000.

BYD Atto3, sure. Entry level order price is AUD48,011.

But if one is so sensitive and basing purchasing options on an American billionaire's behaviour then surely you would also take into consideration that purchasing a BYD is financing multiple multi-millionaires who are members of, and have close ties to, the human rights abusing and despotically led CCP.

Which one is the lesser evil here?

* https://www.carsguide.com.au/audi/e-tron

* https://www.tesla.com/en_au/model3/design#overview

* https://bydautomotive.com.au/atto-3

Buying an 8000 pound electric truck to avoid burning gasoline.

TIL no one else sells electric vehicles?

I mean if you don't look at the thing, on paper it's fantastic. When you get to the looks - well, let's just say I canceled my order last year because I couldn't imagine myself driving it (in addition to the fact that it's so late).

and im not sure it can actually "truck" in the same way a F-150 or Chevy can

> fucking hideous

I felt that way about Model 3 because it was just too different. I couldn't get past the lack of a grill. Now I got one sitting in the garage. It grows on you after a while.

It will vastly outsell the X, EV F-150 and Hummer.

But there are only so many social media influencers who can afford one.

IMO the Cybertruck is going to end the F150's dominance if it lives up to its expectations. You'll see almost none for the first year, some in two years, and way too many in year three.

Would have been wise to have done so earlier today.

> They need more vehicles, and variety.

I can't imagine a worse take. That's like saying Apple's problem is that they need to have more phone varieties like Android.

No you don't. You just need to provide a luxurious experience at a good price.

That basically sums it up. Year over year their sales are way up but people who guessed (overoptimistically) what the number is are disappointed. Overall the company is doing great but interest rates really are killing any sort of purchase like this right now.

> Generally the goal there is to equal out by increasing volume.

The economics are a bit trickier: For any good or service, the demand curve is curved; it's not x * y = R, where R is some fixed revenue number. If you think about it, of course you can affect revenue by changing the price. Otherwise Tesla could charge $1 or $1,000,000 per car and bring in the same revenue and profit.

On the curve there's an optimal point where volume * price = maximum marginal profit. The Tesla VP of sales chose the best point that they thought was possible, and it turned out to not work. Now they have shifted to a less potentially profitable point.

To sum up: Tesla probably is less profitable at this price point than they planned on for the former price point.

If you search the headline you'll find the word "expected".

I'm halfway through Walter Issacson's bio on him and I don't get the impression he cares about liberals. He seems to view his companies as something closer to an e/acc vision of saving the world through better technology.

or a genius by getting more conservatives to buy electric vehicles.

Is that really true? As far as I can tell Mozilla is saying that car manufacturers typically give bad/no opt-outs or data controls (which is a very legitimate thing to highlight!)… but you can still buy new cars (at least a couple years ago when I last looked) that aren’t really equipped for gathering mass quantities of personal data. It’s not that hard to find a car that doesn’t have an always-active internet connection or internal cameras or whatnot. Buy one of those and you’re essentially in the same place as if you had bought an older car - the manufacturer gets no data unless you physically bring them the car, and even then what they can realistically get is pretty limited.

You don't have Dacia available in the US?

I know that small cars like C3 are too small for the average US consumer and probably won't be available there, but i'm pretty sure most new Dacia models still don't have screen and while the sandero is a bit small the Duster is a SUV and thus should be enough (my childhood friend is a car mechanic and keep trying to sell me Dacia saying they're the easiest to repair, so I'm adding that here, although I like the C3)

Having read his recent - very good - biography, I have decidedly mixed feelings about the man.

On the one hand, he's so right about many things in life. Most restrictions and limitations are just bullshit that you can ignore. If you want change, you've got to simply do it.

But on the other hand, he thinks we're in a simulation and the other people aren't real.

I thought the deposits were refundable?