Posted on 04/21/2022 7:47:09 AM PDT by SeekAndFind
"We are growing very rapidly year-over-year and remain confident of exceeding 50% annual growth for several years," said Tesla CEO Elon Musk.
Tesla (TSLA) - shares surged Thursday after the carmaker posted stronger-than-expected first quarter profits, record sales and bullish near-term outlook that defied Wall Street's forecasts and powered-through surging input prices and supply chain chaos.
CEO Elon Musk indicated there was a "reasonable shot" for 2022 deliveries to rise 60% from last year, noting the ramp-up of production facilities in Berlin and Austin, following a surprisingly solid first quarter that saw automotive profit margins rise to 30%, record sales of $18.76 billion and a stronger-than-expected bottom line of $3.22 per share.
Tesla said on April 2 that first quarter global deliveries rose 67.8% from last year to a record 310,048 units, just shy of analysts' forecasts of and only 0.5% from the final three months of 2021.
Current quarter deliveries should be flat when compared to the first three months of the year, Tesla said, even with the multi-week shutdown of its Shanghai gigiafactory -- which made around half of the group's cars last year -- amid China's 'zero Covid' crackdown. The full-year delivery estimate stands at 1.47 million units.
"I’d like to thank the Tesla employees for their hard work, but also I’d like to thank our suppliers who’ve really gone the extra mile<" Musk told investors on a conference call late Wednesday. "We have an amazing supplier group and I would say a heartfelt thanks to the suppliers that have really worked day and night to ensure that Tesla is able to keep the factories running."
"The future is very exciting. I have never been more optimistic or excited about Tesla’s future than I am right now."
(Excerpt) Read more at thestreet.com ...
RE: Note that the top-selling Tesla is the Y model SUV, starting at around $70k.
What is the cheapest Tesla model available for the average middle class family?
“model S plaid”
I think that’s the one.
Model S Plaid and Plaid+ SPECS
Fuel economy Up to 115/107 MPGe (city/highway)
0 - 60 time 1.9 - 3.7 seconds
Transmission 1-5 Speed Automatic
Top speed 155 - 199 mph
Drive AWD
$149,900
Thanks for the info, but for now, no thanks, Elon.
I’ll go for a new $25,000 Toyota Prius Hybrid for now.
Cheapest available Tesla starts around $47k, but probably none available at that price. Think $50k.
https://electrek.co/2022/03/14/tesla-increases-prices-whole-lineup-cheapest-electric-csr/
Same here, in the York PA area.
:-)
The Model 3 starts at $35K that’s cheaper than a S60 Volvo or a 3 series BMW which are its direct competitors in size ,capacity and luxury level. Plus you can “fuel” your Model 3 with 8 cents per kWh power in Texas that’s equal to 2 cents per mile in energy costs. To equal that in petrol at an avg of 30mpg you need petrol to be 60 cents a gallon. Even at 50 mpg to equal 2 cents per mile petrol has to be under a buck a gallon. Plus in sunny Texas two commercial sized 450 watt solar panels can power the avg drive distance per day of the average American with some left over. A Model 3 goes just over 4 miles on one kWh of electricity gross from the plug. The avg American drives less than 40 miles per day that’s only 10kWh worth of energy at 8 cents per kWh that’s 80 cents worth of power. A S60 that gets 30 mpg would need 1.33 gallons at $3.77 I’m looking at a pump right now eating BBQ that’s $5.02 in petrol vs 80 cents in electricity to go the identical distance in miles. This is why EV are the future they are three times as efficient being second law of thermodynamics machines vs third law machines of combustion Mr. Carnot and Sir Newton must be satisfied. It’s down to the laws of physics for those that have the intelligent to understand them it’s clear that EVs are the most efficient way to move a person in an individual vehicle from point A to B. That includes burning natural gas and sending it down a power line. The numbers look like this a ICGT plant is 70% efficient to the HVAC lines in modern plants , transmission losses are 3% for distances under 250km, as was stated it takes 250 watt hours to move a Model 3 one mile. Convert that to BTUs it takes 853 btu per mile going backwards up the power chain add back in 3% plus 30% for a total power plant to wheel BTU usage of 1273 BTU mile. A S60 at 30 mpg is 114,000 btw/gal for petrol divided by 30 = 3800 btu per mile this is exactly the expected result given first law vs second law. Gas turbines with bottoming cycles in dedicated high temp modern turbine plants are the most efficient combustion process man has come up with at 65 to 75% efficiency I chose the median. The end result is as was shown in Texas you can buy power retail for 8 cents a kWh that leads to two cents per mile in energy costs which is equal to 60 cents per gallon at 30 mpg. The future is EVs welcome to the 21st century boomers.
Best I can do after 45yrs away from a piano.
</smile>
Depending on the state you live in you can get up to $10,000 EV credits the Federal credit sunset for Tesla after they produced their 250,001 vehicle. They drastically raised prices my buddy Evan played 35,500 for his model 3 before the pandemic thank you Brandon. A Model 3 FSD long range will be my next car. I leased a Model S for a year it was easily the fastest car I have owned off the line and I used to rally race with 4wd 500+ hp boosted cars the Model S has the seat push back launch capabilities no other vehicle has its shockingly fast. Mine has ludicrous mode plaid is even faster. I charged mine off my solar panels never once needed grid power my panels always make a surplus I have 15,000 watts on poles and trackers plus another 10,000 watts on the “mother in law” house in the back on my acreage. If they didn’t want 100+k for an S I’d buy one. For half the money you can get a slightly smaller and slower Model 3 with FSD and the LR fast charge pack. The only time I ever fast charged was when I took my S to New Orleans or Houston for local and gambling trips to Oklahoma or Shreveport I never needed to fast charge or charge at all for Oklahoma. I slow charged for free in Shreveport at the hotel while playing high limit craps by the time I left two days later even with driving all over Shreveport for food and to move casinos two over night plug in was more than enough to get all the way back to my steel garage and solar panels. The Model S is something that has to be experienced to believe it can blow the doors off million dollar cars in the quarter mile and routinely does. I spanked a Lambo on the tollway with mine I was a full 4 car lengths ahead till the limiter kicked in at 150mph scary fast and all you hear is whoosh and weeeeeee of the motors
“No wonder he’s been messing around with Twitter. He’s got money to burn and for him, buying Twitter is like the rest of us tossing a hundred dollars into a slot machine.”
I wonder what his thinking is. Maybe he is simply the very essence of pure disruption...just a thought. He’s not overwhelmingly money-motivated, from what I understand. Believe it or not.
If I had one I wouldn't want it in the garage either, About the only place I would want to have it parked would be far away from the house or anything else that could catch on fire and have it parked in a concrete garage. My gut feeling is the chargers people have in their garage work on the trickle charge concept. If so I wonder if one could probably run a wire from the same main breaker box (if in the garage) to the concrete garage charging station. Not sure what gauge wire they would use for something like that, it probably would use a pretty big gauge wire.
They are everywhere in California. Super fun car to drive. Incredible technology. Perfect for commutes. Their self driving capabilities are far ahead of the competition. And their factories are insane.
A little too small for a family of 5 but I was impressed with the order process, compared to working with the Infiniti dealer(s) I ended up using.
They will be able to sell millions of semi trucks.
I am long TSLA.
The gauge of wire is not any thicker than for a hot tub or potentially even an electric clothes dryer. My hot tub runs off a 50 amp breaker.
I believe that the Tesla super charger does too. At least that is what my customer in Idaho who owns the Model S plaid told me.
Not true. Teslas are excellent vehicles. I’m on my second one, and I don’t care what anyone else thinks about it—it fits my use case perfectly. Did you consider the possibility that Teslas are flying off the shelves because they’re best-of-breed?
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