Toyota succumbing to reality it's going to be EVs not FCVs

[lorenfb]

Big advantage Tesla has is a proven battery.

It's only a matter cost. When you sell an unprofitable (remember GAAP profit) vehicle and approaching $100K,
the key technology, the battery design, its materials, and the battery support systems, e.g. BTMS, can more
easily be justified. Other automotive OEMs could easily incorporate a battery technology equivalent to Tesla's,
but they are constrained by profitability which Tesla presently is not given the "forgiveness" of their shareholders.

 

[Rebel44]

Big advantage Tesla has is a proven battery.

It's only a matter cost. When you sell an unprofitable (remember GAAP profit) vehicle and approaching $100K,
the key technology, the battery design, its materials, and the battery support systems, e.g. BTMS, can more
easily be justified. Other automotive OEMs could easily incorporate a battery technology equivalent to Tesla's,
but they are constrained by profitability which Tesla presently is not given the "forgiveness" of their shareholders.

Thats a good joke considering how much money has many car makers wasted on things like FCEVs + any decision to make a significant change takes forever - months /years of meetings, debates about who is responsible for what, legal team studies etc. makes most car makers incredibly inflexible.

And Tesla would be profitable without trying to grow by 50+% per year - something that would put any car maker in red.

 

[lorenfb]

Big advantage Tesla has is a proven battery.

It's only a matter cost. When you sell an unprofitable (remember GAAP profit) vehicle and approaching $100K,
the key technology, the battery design, its materials, and the battery support systems, e.g. BTMS, can more
easily be justified. Other automotive OEMs could easily incorporate a battery technology equivalent to Tesla's,
but they are constrained by profitability which Tesla presently is not given the "forgiveness" of their shareholders.

Thats a good joke considering how much money has many car makers wasted on things like FCEVs + any decision to make a significant change takes forever - months /years of meetings, debates about who is responsible for what, legal team studies etc. makes most car makers incredibly inflexible.

And Tesla would be profitable without trying to grow by 50+% per year - something that would put any car maker in red.

The issue was this:

Big advantage Tesla has is a proven battery.

And Tesla would be profitable without trying to grow by 50+% per year - something that would put any car maker in red.

That's not true! No low volume car company can exist with only luxury vehicles that sell for less than
$150K to $200K. To be profitable, an automotive OEM requires a very high volume of mid to low end
vehicle/vehicles to fund all the R&D and economies of scale to reduce parts costs for the much lower
volume luxury vehicles it produces.

Bottom line: Without the Model 3, Tesla is gone! And even with Model 3 and its marginal profitability,
Tesla's viability is questionable.

 

[TonyWilliams]

Bottom line: Without the Model 3, Tesla is gone! And even with Model 3 and its marginal profitability, Tesla's viability is questionable.

You definitely have it figured out!!! I hope you have shorted the **** out of that bad TSLA stock.

What a failure that Tesla is... and we are just too dumb to see it. Thank you for opening our eyes to the truth.

I'm going to get logged onto Breitbart and see what they have to say about it.

 

[LTLFTcomposite]

Tesla might be able to get along ok just on the Model S with some more swizzles and a Model X redesign sooner than later. Model 3 production really needs to move to Mexico, $4 bucks an hour, not sure if they even have to pay bennies.

Getting back to Toyota, I only recently learned that "second mover advantage" is a thing.

 

[finman100]

It's okay if you don't see it. It's okay if you won't see it. the rest of us do, and really, that's what's important at the end of the day.

some can see thru the BS. others just create more of it.

go Elon. go Tesla.