Credit to Author: Nicolas Zart| Date: Wed, 15 Jan 2020 03:06:13 +0000
NIO has released its delivery figures for December 2019. With deliveries of 3,170 vehicles in December 2019, including 2,537 ES6s and 633 ES8s, the cumulative deliveries of ES8 and ES6 have reached 31,913, spelling good news for the company as it closes a tumultuous year
Credit to Author: Nicolas Zart| Date: Wed, 15 Jan 2020 02:39:14 +0000
Hyundai Motor Company and Uber Elevate showed us a fairly complete urban air mobility (UAM) electric vertical takeoff & landing (eVTOL) concept vehicle, autonomous pods, and a hub ecosystem that fits with Uber Elevate’s air taxi model at the Consumer Electronics Show (CES)
Credit to Author: Johnna Crider| Date: Tue, 14 Jan 2020 18:23:56 +0000
Oppenheimer analyst Colin Rusch this week told CNBC that Tesla has proven to be an existential threat for automakers. He said this while explaining his price hike for Tesla [TSLA] on CNBC’s Power Lunch. He points out that “first ground to first car” was less than a year while talking about Tesla’s new Gigafactory 3 in Shanghai
Credit to Author: Johnna Crider| Date: Tue, 14 Jan 2020 01:33:43 +0000
There is a taxi company in Canada called Current Taxi. It has an all-electric fleet, or should we say, an all-Tesla fleet. The company is now hiring drivers. One of the perks, of course, is that you get to drive a Tesla. Current Taxi’s goals is to change the way of the taxi industry one ride at a time
Credit to Author: Cynthia Shahan| Date: Mon, 13 Jan 2020 03:49:39 +0000
Tesla concepts of mobility outgrew legacy brands from the day the first Tesla rolled onto the market. The new company did not fit into any existing auto-manufacturer slot. Tesla jumped away from the crowd conceptually, and landed on its feet
Credit to Author: Alex Voigt| Date: Sun, 12 Jan 2020 19:43:53 +0000
As a CEO of a large global automaker, you have a huge problem of existential dimensions. If you don’t solve it, it’s not just your job that’s lost, but you will be remembered as the person who is responsible for a century-long proud legacy ending
Credit to Author: Johnna Crider| Date: Sun, 12 Jan 2020 18:11:18 +0000
An idea for Tesla’s Sentry Mode would be to make it crowdsourced, which could be called “Super Sentry” or “Crowd Sentry.”
Credit to Author: Zachary Shahan| Date: Fri, 10 Jan 2020 00:00:13 +0000
Volkswagen is launching into what could be a huge electric decade that reinvents and rejuvenates the large global automotive group. Yes, the Volkswagen ID.3 — which is sort of supposed to be the VW Beetle or Golf of this century — has some delays. Reinvention can be tough
Credit to Author: Rahul Sonnad| Date: Thu, 09 Jan 2020 06:34:20 +0000
There is a long-standing argument about whether Tesla is a car company or a tech company. This argument is typically made in the context of how Wall Street should value the company. If Tesla is just a new kind of carmaker, it should be valued at something significantly less than its annual revenue — maybe 25% to 50%, like Ford and GM. Alternatively, if Tesla is a tech company, then it could be valued significantly higher. Google, for example, is trading at about 6 times its revenues today, Facebook at 8, Microsoft at 9, and Salesforce at 10 times. Tesla trades at around 3 times its revenues with some profits, while Uber and Lyft trade around 4 times revenues and have never been profitable
Credit to Author: Frugal Moogal| Date: Wed, 08 Jan 2020 20:14:43 +0000
Over the last couple of days, as Tesla continues on this monstrous run, the media seems to have been noting that Tesla is now more valuable than any US automaker’s market cap ever. (Tesla is currently almost exactly the market cap of Ford and GM combined, around $88 billion.) Even though I would now plant myself firmly in the “bull” camp, this is completely untrue, and I think it paints a problematic picture of Tesla