Sidebar Sidebar
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.

Elon Musk Urges Customers to Buy 'Tesla Cyberwhistle' Instead of Apple Polishing Cloth

One of Tesla's problems is poor customer service. It has declined rather notably since the introduction of its first volume car (the Model 3) in 2017.

While Tesla has enjoyed a long honeymoon period with very little EV competition, that will quickly be changing over the next several years and Elon, Tesla, and their fanboys may be in for a rude awakening regarding Tesla's future and EV dominance.
 
  • Like
  • Love
Reactions: Morod, WWPD and PinkyMacGodess
Bug-Creator said:
Hint: your link does not prove what you might think it does.

Sure adding another car plant to the market will put pressure on everybody else in the same market (doesn't really matter who adds that plant) and sure most VW plants need that massive overhaul and once those are done they will for sure operate with fewer workers.

So yeah lots of hurt coming in if your VW, but once that is done it will be Tesla with slightly outofdate 10 year old plants competing against brand new ones equicked with machines that have all the quirks fixed after Tesla did the beta testing.
Click to expand...
If you truly believe this, you obviously think Apple's "Custom Design" impacts performance when it's really the manufacturer's process that's the real magic.

How long do you think it'll take VW to copy Tesla's manufacturing process? By the time Volkswagen perfects what Tesla is already achieving, the gigaberlin factories will be on a new manufacturing process. This is why other EV companies still can't have positive cash-flow despite Tesla already achieving this in Fremont and Shanghai. It's not as simple as just ordering parts from suppliers.
 
  • Like
Reactions: PC_tech
webkit said:
One of Tesla's problems is poor customer service. It has declined rather notably since the introduction of its first volume car (the Model 3) in 2017.

While Tesla has enjoyed a long honeymoon period with very little EV competition, that will quickly be changing over the next several years and Elon, Tesla, and their fanboys may be in for a rude awakening regarding Tesla's future and EV dominance.
Click to expand...
I can’t speak to teslas customer service but you are correct the market has over valued… it really does not have much to do with the company itself though…. It’s just a goldrush/bubble think… we saw this movie before during the tech stock craze in the 90s
 
PinkyMacGodess said:
And Musk admits that SpaceX is potentially going bankrupt, and he is forcing people to work longer hours to fix his problems. What about that sounds like a safe investment. Sure, Musk is an a---hole, but how does that end well. He's a narcissist, and how does that end well. Is Starship Musk's Spruce Goose?
Click to expand...
SpaceX has nothing to do with Tesla.

swm said:
define "profitable"

2021 q3 revenue: 13.757 billion, profit is 1.83 per share. but only a few will get dividends. you guys are trading promises and lies. looks like there's not much to back the heavily inflated share price.
Click to expand...
And what was their 2020 annual profit (Hint: Their 2020 annual profit is far lower than their Q3 2021 profit)? Do you think Tesla is just going to stop growing?
 
Apple are reportedly working on an electric car so Elon first says maybe Tesla will make telephones and now ridicules the cleaning cloth ( which frankly does seem ridiculous).
You can expect a lot more of this sort of thing from anyone engaged in a race with other billionaires to see whose rocket is biggest.
Before you get the wrong idea however, I think a lot of what Elon’s done is amazing
 
Can someone point to me where Apple made a big deal about or really promoted this $19 polishing cloth? Yes sites like this and 9to5 and tech sites like the Verge wrote stories about it for the clicks but that’s not Apple. I’d love someone to provide the financial metric that backs up Tesla being a $1T company. One could argue a lot of companies are overvalued right now but I think Tesla would top that list.
 
  • Like
Reactions: Mescagnus
ilikewhey said:
don't know about the messianic status, but tesla has a cult following just like apple, his tequila, flamethrower(notaflamethrower) all sold out like bangers.
Click to expand...
And that surfboard! Which did look pretty cool.
 
Rogifan said:
Can someone point to me where Apple made a big deal about or really promoted this $19 polishing cloth? Yes sites like this and 9to5 and tech sites like the Verge wrote stories about it for the clicks but that’s not Apple. I’d love someone to provide the financial metric that backs up Tesla being a $1T company. One could argue a lot of companies are overvalued right now but I think Tesla would top that list.
Click to expand...

15% Operating Margin. 50+% YoY Revenue Growth. Only 250k sales per quarter. $50K ASP.
You can do simple arithmetic and you'll end up with an operating income that makes Apple and Microsoft look like blockbuster.
 
ilikewhey said:
don't know about the messianic status, but tesla has a cult following just like apple, his tequila, flamethrower(notaflamethrower) all sold out like bangers.
Click to expand...
People who drive a Tesla with an Apple sticker on their car, those are the real crazy ones. Just fall back and don't get too close.
 
  • Like
Reactions: Morod
AppleShareholder said:
Yeah, I got brainwashed into turning $1 mill into $10 million. lol...
Click to expand...

Yeah you're not counting those zeros properly. Bit like how Elon forgets how much money he owns to China and how much carbon credits and tax breaks the US government gave him.

Bitcoin and drugs cause several brain damage. Even worse when bought together.
 
AppleShareholder said:
How long do you think it'll take VW to copy Tesla's manufacturing process?
Click to expand...

They won't.

They have 80 years of experience to see what works and what does not work. If that means that it takes 3 times as long to build a car while still being cheaper they will do just that. If it means doing more stuff at the same time to have the same build time than they will do it that way.

In order to be as successful against well established brands Tesla would need to be at least 50% better (which they were when noone else cared about EVs) but once the dust settles it will be almost impossible to >10% ahead (just like in every other industry with healthy competion). At that point costumers will stay loyal to their brands (even more if the alternative is "chaotic evil") and Tesla will be niche product like Jaguar, Alfa_Romeo or if they are really lucky Porsche.
 
  • Like
Reactions: Mescagnus and WWPD
Rogifan said:
I’d love someone to provide the financial metric that backs up Tesla being a $1T company.
Click to expand...
My rule of thumb: market cap = revenue for 10 years.

Tesla cap @ $1T = $100B/year = 2M vehicles at $50,000 each (yes, lowballing the revenue per vehicle)
Tesla is still ramping up, currently at 1/8th that output and rising fast.
Not unreasonable to expect they'll hit that target in a few years.

Yes, it's a SWAG, there's issues with it, it's a rule of thumb, a starting point for estimating.
 
  • Like
Reactions: PC_tech
Bug-Creator said:
They won't.

They have 80 years of experience to see what works and what does not work. If that means that it takes 3 times as long to build a car while still being cheaper they will do just that. If it means doing more stuff at the same time to have the same build time than they will do it that way.

In order to be as successful against well established brands Tesla would need to be at least 50% better (which they were when noone else cared about EVs) but once the dust settles it will be almost impossible to >10% ahead (just like in every other industry with healthy competion). At that point costumers will stay loyal to their brands (even more if the alternative is "chaotic evil") and Tesla will be niche product like Jaguar, Alfa_Romeo or if they are really lucky Porsche.
Click to expand...
1. Those VW EVs are being sold at a loss and are being subsidized by ICE sales
2. Tesla needs to pay import tariffs and transport costs, as EU models need to be imported from Shanghai. Tesla will be able to price more competitively once Berlin factory goes live.
3. You are underestimating how hard advanced manufacturing is. This is not Foxconn-tier assembly manufacturing where you can just move people around. The process is heavily automated with hundreds of steps. A lot of thought has to be put into the manufacturing process, unlike Foxconn, where they can just teach millions of people to do the same thing day-in-day-out.
The speed at which Tesla improves their manufacturing processes is astounding and has never been seen before in the auto world. I doubt the competition will catch up.
 
AppleShareholder said:
Can you post where Elon said Tesla is overvalued?
Click to expand...
1638368144742.png
 
  • Like
Reactions: MrAperture, Mescagnus and Mercury7
ctdonath said:
My rule of thumb: market cap = revenue for 10 years.

Tesla cap @ $1T = $100B/year = 2M vehicles at $50,000 each (yes, lowballing the revenue per vehicle)
Tesla is still ramping up, currently at 1/8th that output and rising fast.
Not unreasonable to expect they'll hit that target in a few years.

Yes, it's a SWAG, there's issues with it, it's a rule of thumb, a starting point for estimating.
Click to expand...

They will never come close to those numbers.

They currently shipping Tesla's with misaligned doors and missing USB ports.

And probably bogus sales figures for the last 2 years. Tesla needs to be audited, but it would be very hard to do that in the Chinese market. Customers there can be virtualised without being real people.
 
AppleShareholder said:
Yeah, I got brainwashed into turning $1 mill into $10 million. lol...

Elon took a huge risk and he's rewarded proportionally to the amount of risk he took. You could have made even better % return if you bought up TSLA call options back in mid-2019 when the stock was trading flat for years. Premiums were close to a penny despite being only a bit out-of-money, yet you didn't.
Don't blame those who took a lot of risk and got rewarded for it.
Click to expand...
I think that’s awesome… but do take some profit off the table now though…. There really is some pretty major over valuation going on and it would be smart to diversify 5 million of that
 
metapunk2077fail said:
They will never come close to those numbers.

They currently shipping Tesla's with misaligned doors and missing USB ports.

And probably bogus sales figures for the last 2 years. Tesla needs to be audited, but it would be very hard to do that in the Chinese market. Customers there can be virtualised without being real people.
Click to expand...

Missing USB ports is due to parts shortage.
Misaligned doors/panel gaps are BS. They may have been true for earlier models, but they're not true for current models (Or at the very least, Tesla's panel gaps are no worse than others).

Read this statement by Bob Lutz, a Big 3 auto executive:

www.roadandtrack.com

Bob Lutz Talks Panel Gaps, Tesla, and Why Every Detail Matters

Getting it right starts at the top.
www.roadandtrack.com www.roadandtrack.com

But, when next to the car, I was stunned. Not only was the paint without any discernible flaw, but the various panels formed a body of precision that was beyond reproach. Gaps from hood to fenders, doors to frame, and all the others appeared to be perfectly even, equal side-to-side, and completely parallel. Gaps of 3.5 to 4.5mm are considered word-class. This Model 3 measured up.
Click to expand...
 
  • Like
Reactions: icanhazmac and PC_tech
You must log in or register to reply here.
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.
Top Bottom
Back