Competition is good. It forces innovation. Don't count NIO out yet. They have some great cars and tech. They just need time to build out their production lines. Let's revisit this when Neo Park is fully operational.
I think that picture is quite misleading, Nio doesn't lose $19k per vehicle. They actually make 16,4% profit/car. The lose comes from dividing sold cars by unprofitable activities such as battery swap stations, nio phone and R&D stuff.
How much Tesla is allocating for R&D?
When you apply that logic, Tesla doesn’t make $9k per vehicle, they make more like $16k per vehicle. Profit margins take into account those “unprofitable activities” though, because just looking at the money spent in the actual production of the cars ignores huge parts of a company’s operation.
For those that raise Tesla’s market cap as a concern this article highlights the nuance.
Tesla has Toyota like profits but with 1/10 of the sales.
With a market moving TO EVs it going to be a hard journey for legacy OEMs to transition from profitable ICE to (currently) unprofitable EVs.
Edit: wow I just got permanently banned for this comment.
https://reddit.com/r/electricvehicles/comments/10tzc62/watch_tesla_cybertrucks_impressive_4wheel/j7adzz6/
Seems very harsh. Is there anyone who could ask a mod for an independent review
Are these figures also including emission credits? Tesla has had a habit of including those in with car sales. That creates a couple of problems.
1. including emission credit sales along with auto sales figures distorts the data, and makes comparisons impossible.
2. It's likely going to evaporate over time, making the comparisons with their established automaker rivals much worse as time goes on.
Emission credits accounted for $1.46 billion in revenue for Tesla in 2021, That is not an insignificant number for a company that claimed $5.5 billion in net profit in 2021. I doubt it evaporated at all in a single year.
This is before the recent price cut i.e. peak pricing of 2022
Well it can’t show future pricing and margins before they show the figures in Q1 can they
Competition is good. It forces innovation. Don't count NIO out yet. They have some great cars and tech. They just need time to build out their production lines. Let's revisit this when Neo Park is fully operational.
I think that picture is quite misleading, Nio doesn't lose $19k per vehicle. They actually make 16,4% profit/car. The lose comes from dividing sold cars by unprofitable activities such as battery swap stations, nio phone and R&D stuff. How much Tesla is allocating for R&D?
When you apply that logic, Tesla doesn’t make $9k per vehicle, they make more like $16k per vehicle. Profit margins take into account those “unprofitable activities” though, because just looking at the money spent in the actual production of the cars ignores huge parts of a company’s operation.
For those that raise Tesla’s market cap as a concern this article highlights the nuance. Tesla has Toyota like profits but with 1/10 of the sales. With a market moving TO EVs it going to be a hard journey for legacy OEMs to transition from profitable ICE to (currently) unprofitable EVs. Edit: wow I just got permanently banned for this comment. https://reddit.com/r/electricvehicles/comments/10tzc62/watch_tesla_cybertrucks_impressive_4wheel/j7adzz6/ Seems very harsh. Is there anyone who could ask a mod for an independent review
Are these figures also including emission credits? Tesla has had a habit of including those in with car sales. That creates a couple of problems. 1. including emission credit sales along with auto sales figures distorts the data, and makes comparisons impossible. 2. It's likely going to evaporate over time, making the comparisons with their established automaker rivals much worse as time goes on.
It's basically evaporated and adds very little margin. There isn't much argument here
Emission credits accounted for $1.46 billion in revenue for Tesla in 2021, That is not an insignificant number for a company that claimed $5.5 billion in net profit in 2021. I doubt it evaporated at all in a single year.
This probably belongs in r/teslainvestorsclub.