Ron Wagner + 649 April 16 https://www.insidehook.com/electric/tesla-cybertruck-executives-exit-bad-week Rumored Cybertruck Delays and Executive Exits Have Tesla’s Week Off to a Terrible Start And yes, it's only Monday BY TOBIAS CARROLL April 15, 2024 11:33 am Tesla's week is off to a challenging start. Tesla In retrospect, maybe the news that Tesla had been putting money into an area it had historically avoided — namely, advertising — was a clue that all was not well in Elon Musk’s EV empire. Over the weekend, ominous news clung to Tesla like mud to a Cybertruck that’s been off-roading. The first piece of news came from Investors Business Daily, which cited “social media chatter” to the effect that Tesla had temporarily paused deliveries of its Cybertruck. The rumored issue had to do with the vehicle’s accelerator — something that’s pretty high on the list of things you need to work without question on any vehicle. Unfortunately for the automaker, that wasn’t the only piece of bad news on the horizon. On Monday morning, Reuters reported that Tesla planned to lay off over 10% of its workforce globally. Two high-ranking executives — Drew Baglino and Rohan Patel, responsible for battery development and business development, respectively — have also announced that they’ve left Tesla, as per Reuters. Musk responded to Baglino’s departure on social media, writing, “Thanks for everything you’ve done for Tesla. Few have contributed as much as you.” Tesla Is Changing Gears on its No-Advertising Strategy The automaker has historically focused on word of mouth sales One analyst cited in Reuters’s reporting, Craig Irwin of Roth Capital, addressed a broader takeaway from the company’s latest move. “Layoffs imply management expects weak demand to persist,” Irwin told Reuters. When it comes to EVs, Tesla is far from the only option available — and while demand for EVs is up in the U.S., it’s still a much smaller piece of the overall automotive market here. That the future of a planned $25,000 EV from Tesla is ambiguous is another mixed signal from the automaker. It may leave you wondering how many of the issues facing Tesla right now could have been preventable. More Like This 1 Quote Share this post Link to post Share on other sites
Ron Wagner + 649 April 16 On 4/15/2024 at 10:05 AM, Jeroen Goudswaard said: Also here in Europe I can buy a banger for €500 or less. I can buy my spare parts at any recycling plant for peanuts. But would I want to get my hands dirty, or stand at the side of a motorway due to a leaky cooling system. In short: no. Students can do that, not families. I am surprised to hear that American cars do not depreciate as quickly as in Europe. Why is that? You claim that an 8 year old car still fetches 50% of original sales price. That's a car that will start needing considerable maintenance imminently. Timing belt, suspension, brakes, you name it. Why would people spend that much on an old car? Your story with the Honda Odyssey is great. Most people find that after 12-15 years the cost of repairs outprices the remaining value of the car and they do away with it. Mostly because of manhour rates, not even the parts. I have discarded lots of vehicles that could have easily been kept on the road. The trouble is that most families have two drivers that need a car available. Lots of our used cars have gone to our children. None of them were properly maintained and discarded too soon by our children. We are now both retired but keep our three vehicles, small, large, and medium. Our favorite has always been our medium sized minivans. The one many love to hate. We can select from three vehicles according to need, gasoline price, occupants etc. our big van can haul a 7,500 pound trailer and carry 12 occupants in large comfortable leather seats. All three of our vehicles would bring about 75% of their value as a resale, even though they average about six years old. They are all low mileage. If a person needs to economize on used cars, I always thought that a great option would be to keep a reliable extra vehicle. It can be vital when needed for work. We also learned that living in a suburb can be less costly than in a further out rural home. Of course that would vary depending on the metro area in question. Quote Share this post Link to post Share on other sites
Ron Wagner + 649 April 17 https://www.youtube.com/watch?v=qFQ0brC19Ro The ‘I Told You So’ Moment: Toyota’s Predictions About EVs Come True! Electric Vehicle or Hybrids? Quote Share this post Link to post Share on other sites
footeab@yahoo.com + 2,136 April 17 19 hours ago, Polyphia said: You have such a myopic view of the world. Reality: Majority of the world works on their own cars Pretentious assholes pretend their hands are to delicate to contact a wrench Quote Share this post Link to post Share on other sites
TailingsPond + 491 GE April 17 9 minutes ago, footeab@yahoo.com said: Reality: Majority of the world works on their own cars Pretentious assholes pretend their hands are to delicate to contact a wrench People who are gainfully employed spend their free time doing fun things. While you are replacing yet another water pump in some beater car someone else is going for a picnic with their family. When you wash your hands are they still dirty after? Look around and under the nails. Would a woman want them touching her privates? Too dirty to contact a wench! hahah! 1 Quote Share this post Link to post Share on other sites
Polyphia + 70 LT April 17 4 hours ago, footeab@yahoo.com said: Reality: Majority of the world works on their own cars Pretentious assholes pretend their hands are to delicate to contact a wrench I doubt that, but then true to form, you don't provide any data to back up your statement. I doubt that the majority of the world does any significant work on their cars (beyond basic maintenance such as changing the oil). As I have explained before, I am not afraid to get my hands dirty--I just prefer to spend my time doing other things I find more enjoyable than fixing vehicles. 2 Quote Share this post Link to post Share on other sites
Ecocharger + 1,382 DL April 17 18 hours ago, Ron Wagner said: https://www.insidehook.com/electric/tesla-cybertruck-executives-exit-bad-week Rumored Cybertruck Delays and Executive Exits Have Tesla’s Week Off to a Terrible Start And yes, it's only Monday BY TOBIAS CARROLL April 15, 2024 11:33 am Tesla's week is off to a challenging start. Tesla In retrospect, maybe the news that Tesla had been putting money into an area it had historically avoided — namely, advertising — was a clue that all was not well in Elon Musk’s EV empire. Over the weekend, ominous news clung to Tesla like mud to a Cybertruck that’s been off-roading. The first piece of news came from Investors Business Daily, which cited “social media chatter” to the effect that Tesla had temporarily paused deliveries of its Cybertruck. The rumored issue had to do with the vehicle’s accelerator — something that’s pretty high on the list of things you need to work without question on any vehicle. Unfortunately for the automaker, that wasn’t the only piece of bad news on the horizon. On Monday morning, Reuters reported that Tesla planned to lay off over 10% of its workforce globally. Two high-ranking executives — Drew Baglino and Rohan Patel, responsible for battery development and business development, respectively — have also announced that they’ve left Tesla, as per Reuters. Musk responded to Baglino’s departure on social media, writing, “Thanks for everything you’ve done for Tesla. Few have contributed as much as you.” Tesla Is Changing Gears on its No-Advertising Strategy The automaker has historically focused on word of mouth sales One analyst cited in Reuters’s reporting, Craig Irwin of Roth Capital, addressed a broader takeaway from the company’s latest move. “Layoffs imply management expects weak demand to persist,” Irwin told Reuters. When it comes to EVs, Tesla is far from the only option available — and while demand for EVs is up in the U.S., it’s still a much smaller piece of the overall automotive market here. That the future of a planned $25,000 EV from Tesla is ambiguous is another mixed signal from the automaker. It may leave you wondering how many of the issues facing Tesla right now could have been preventable. More Like This Meltdown in progress. 1 Quote Share this post Link to post Share on other sites
TailingsPond + 491 GE April 17 (edited) 1 hour ago, Ecocharger said: Meltdown in progress. Cybertruck is mostly a gimmick. It does not represent more reasonable EVs. Edited April 17 by TailingsPond Quote Share this post Link to post Share on other sites
Rob Plant + 2,647 RP April 18 On 4/17/2024 at 6:23 AM, footeab@yahoo.com said: Reality: Majority of the world works on their own cars Pretentious assholes pretend their hands are to delicate to contact a wrench These days most cars have "sealed units" and even spark plugs are inaccessible for many unless you buy expensive tools. Also these days you have to do "engine diagnostics" to determine what exactly is wrong with the car. The manufacturers have stopped the layman being able to service their own vehicle like many used to 10-20 years ago. They arent stupid it means $$$$ for the dealership in extortionate maintenance costs, or you have to take to a private mechanic who again wont be cheap. At 17 my first car a Ford Escort mark II the engine seized (after it had been stolen), I went to the local scrap yard stripped the engine back to the head gasket removed the pistons cleaned all the crap out and put it back together and then fitted the engine all by using a manual with no previous experience of doing any car maintenance. It worked on the first turn of the key! I really enjoyed doing that and it was satisfying doing the work and then having a car (although it was an old beater) to see my girlfriend in. Happy times, but very different times to today unfortunately. 1 Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,542 April 18 (edited) Now this is quite interesting..VW, Ford, GM & Tesla all have either curtailed production, significantly reduced the work force and just like that there is a market decline. EXTRAORDINARY IS IT NOT! Weak EV Market Dragged Down European Car Sales in March By Tsvetana Paraskova - Apr 18, 2024, 6:00 AM CDT In the EU, new electric vehicle sales slumped by 11.3% to 134,397 units in March, led by a major 29% decline in EV sales in the biggest European market, Germany. https://oilprice.com/Latest-Energy-News/World-News/Weak-EV-Market-Dragged-Down-European-Car-Sales-in-March.html Edited April 18 by Eyes Wide Open 1 Quote Share this post Link to post Share on other sites
Rob Plant + 2,647 RP April 18 (edited) 1 hour ago, Eyes Wide Open said: Now this is quite interesting..VW, Ford, GM & Tesla all have either curtailed production, significantly reduced the work force and just like that there is a market decline. EXTRAORDINARY IS IT NOT! Weak EV Market Dragged Down European Car Sales in March By Tsvetana Paraskova - Apr 18, 2024, 6:00 AM CDT In the EU, new electric vehicle sales slumped by 11.3% to 134,397 units in March, led by a major 29% decline in EV sales in the biggest European market, Germany. https://oilprice.com/Latest-Energy-News/World-News/Weak-EV-Market-Dragged-Down-European-Car-Sales-in-March.html From your article "All new car sales in the European Union car market dropped by 5.2% year-on-year" And this "Among the three largest BEV markets, Belgium (+23.8%) and France (+10.9%) enjoyed double-digit increases, while Germany faced a significant decrease of 28.9%, ACEA said. The EU saw a total of 332,999 new battery-electric cars registered during the first quarter of 2024, up by 3.8% compared to the same quarter last year. Despite the general market decline, hybrid-electric car registrations in the EU jumped by 12.6% in March 2024, with France and Italy driving the increase. The share of hybrid car sales rose to 29% of the new sales last month, up from 24.4% in March 2023. Edited April 18 by Rob Plant 1 3 Quote Share this post Link to post Share on other sites
gkam44 + 26 April 20 Do you still have to pay for electricity and gasoline? Not us, we invested in a solar system and electric cars and have lived and driven with free electricity for eight years now. The PV solar system paid back in three years in gasoline savings alone. Why do you still have to pay for electricity and gasoline? Quote Share this post Link to post Share on other sites
Ron Wagner + 649 April 21 On 4/17/2024 at 12:14 PM, Ecocharger said: Meltdown in progress. I always thought it was butt ugly and could have had a much better design. I have read some rave reviews but they didn't ring true to me. The finish seems to be problematic also. Sales results will tell the truth after a years long build up. Quote Share this post Link to post Share on other sites
lexington green + 22 LG April 24 Retail sales of electric vehicles rose during the quarter, and GM is producing more of its own batteries, he said. The company is on track to hit a mid single-digit profit margin on EVs next year. https://abcnews.go.com/Business/wireStory/general-motors-reports-strong-quarter-profits-prices-offset-109525489 Quote Share this post Link to post Share on other sites
Rob Plant + 2,647 RP April 24 On 4/20/2024 at 3:48 PM, gkam44 said: Do you still have to pay for electricity and gasoline? Not us, we invested in a solar system and electric cars and have lived and driven with free electricity for eight years now. The PV solar system paid back in three years in gasoline savings alone. Why do you still have to pay for electricity and gasoline? Yawn! 1 Quote Share this post Link to post Share on other sites
Ron Wagner + 649 Thursday at 06:13 PM https://finance.yahoo.com/news/volvo-landed-cheap-chinese-ev-100521660.html How Volvo landed a cheap Chinese EV on U.S. shores in a trade war Quote Share this post Link to post Share on other sites
notsonice + 1,088 DM 16 hours ago (edited) E-car Sales Collapse????? number one car market in the world begs to differ....Jan 12, 2024 — In 2023, 21.706 million new cars were sold in the Chinese market from 25 percent market share for plugins on average for 2023 to 43 Percent in March 2024 43 percent market share for plug ins today equals 9 million plug in new cars sales in one year and we are looking at March numbers......wow...what will the rest of the year bring....end of year 50 to 55 percent??????? and battery prices expected to drop in half this year 2025 ....60 percent of the Chinese market are plugins???? 2030 .....100 percent?????? the question is will any car dealers in China take a clunker as a trade in?????? too many clunkers not enough demand Peak oil has happened CleanTechnica 43% Plugin Vehicle Market Share In China — March 2024 Sales Report Plugin vehicles are all the rage in the Chinese auto market, with plugins scoring 743,000 sales (in a 1.7-million-unit overall market). . 13 hours ago CleanTechnica 25% of New Car Sales in China Were 100% Electric in 2023! Plugin vehicles in China once again ended the year with a record month, growing by 46% year over year (YoY) in the last month of the year to... . Jan 31, 2024 Edited 16 hours ago by notsonice 1 Quote Share this post Link to post Share on other sites
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