SW17LS

Panels don’t match? That’s kind of how they’re supposed to be. Depending on how the light hits the stainless finish it’s going to look different.

bitkahuna

iTrader: (20)

so rivn is a stock buy?

bitkahuna

iTrader: (20)

well tesla isn't losing money.

about rivian, i guess i made a big goof in my prior post because it's lucid that's backed by saudis.
rivian does have that sweet giant delivery van order from amazon they've bee working on, so there's that.
i hope rivian makes it, cool products.

speaking of lucid, they have (really) great engineering but are a 1 trick pony right now. the sedan is good but funky and way out of reach for 99% of buyers. the new suv (gravity?) isn't even out yet i don't think.

maybe you're referring to ice makers though making ev's. i've no idea if hyundai/kia is losing money on ev's at this time, but wouldn't surprise me one way or another, although they share so many components, that's gotta help.

bmw has hedged using convertible ice/ev platforms (i guess to save money) but i personally don't think that's great as they're then not space efficient.

mercedes went all out with EQ stuff with mixed results so far (probably lost a fortune to date but had to get going).

vw actually sells a decent number of ev's and shares the cost across vw/audi/porsche so there's that.

bitkahuna

iTrader: (20)

yup, lol, no two panels look the same shade.

LeX2K

Buy some and let us know. For science.

patgilm

Regardless if I have shareholders or just my own personal business, anytime you have a business and you base that business on certain projections and have to revise those projections in a big way it’s a problem because you built the business based on those projections and may have overspent on investing in the business based on those projections. If you are a small business or don’t have financial backers to cover you for longer return on investment it’s a problem regardless of growth.

LeX2K

Mara Barra insisted GM would pass Tesla in EV sales by 2025 I don't see anyone roasting her. If Ford were to completely give up on the Lightning then I'd sharply critique them, but they're not and from what I've read they are working on a refresh.

SW17LS

They did for a long long time, at this point they have capitalized a lot of their development costs and aren’t investing in that development the same way other carmakers are.

LeX2K

Tesla is investing far more than any auto maker, maybe not in total dollars but certainly in technology. Cars and trucks, mining, Tesla Bot, FSD, Dojo, charging network to name a few.

They keep increasing R&D spending
https://www.macrotrends.net/stocks/c...pment-expenses

bitkahuna

iTrader: (20)

the development cost isn't a one time thing and even after tesla went through 'hell' with the 3 and y, they have not only continued to spend massively on automation, gigapresses and the like, they've obviously spent billions on new factories, and now major upgrades to 3 and y plus the CT has all kinds of new things they've never done before.

elon musk knows that he must keep his foot to the floor in terms of investment and innovation. ain't cheap, but obviously he's achieved such scale of 3/Y that it's proftiable for the company as a whole despite vast spending.

JeffKeryk

The Lightning is an expensive F-150, and is towing/range limited. I just struggle with the idea of an electric pickup.
Ditto the others, not just Ford. The CT is a different animal; we will have to see how it does after the initial delivery rush.

Just my 2 cents...

bitkahuna

iTrader: (20)

CT is also towing/range limited.

SW17LS

But the core investment per dollar of revenue is lower than it was when they first were building everything out.

They are in a different phase of their growth as a company, they aren’t building out the platforms and the infrastructure to the same degree with little revenue like they were. Ford by comparison is still in the early stages of their EV program so the cost of their R&D relative to their revenue is much higher.

LeX2K

You completely missed the point, it's not just about R&D as a % of revenue it's what the investments actually are.
Every EV is bad at towing can't cheat physics. There is not enough energy in the battery to tow long distances if you love to tow big heavy things don't buy an EV.

SW17LS

You also completely missed my point. The fact that Tesla is mature and doesn’t have to invest all their profits back into R&D is a good thing.