Plzbanmebrony t1_ixx0r99 wrote
Reply to comment by notallowedin in Tesla recalls more than 15,000 Australian electric vehicles over faulty tail lights by ninjascotsman
Their review process doesn't allow them to provide informative review on tesla. Tesla updates and changes hardware frequently. They updates their cars like video game makers update games. Like get they like to have the best car they can but can't they just roll all those changes into new model years like everyone else?
Riaayo t1_ixyem13 wrote
You have to actually be able to produce cars that can meet demand regularly to think about making fucking model year cars lol.
Tesla is an over-valued joke.
Plzbanmebrony t1_ixymqzb wrote
That is why they are building multiple new factories.
Riaayo t1_iy2dnuo wrote
I mean that's cool, why are they valued higher than competitors who actually meet demand right now?
Because the value is smoke and mirrors bullshit. The company is over-valued.
Plzbanmebrony t1_iy2dwwt wrote
They don't have legacy facilities to convert like Ford does. Having more demand than product is not always bad. It means they are basically able to have guaranteed growth by just expanding production.
TheNewMeYouHaventCN t1_ixz4qvr wrote
Compare Tesla numbers against EV sales for the major established manufacturers.
It takes time to ramp up production and Tesla is doing very well. Sorry if that doesn't fit your narrative.
Riaayo t1_iy2dj5f wrote
No, you can compare the total cars produced of both. By this same "metric", compare the amount of internal combustion engine vehicles Tesla sells. Oh fuck it's 0? Oh fuck, Tesla doesn't sell those? Oh fuck, the other manufacturers didn't use to sell EVs either?
But apparently only Tesla gets some slack for "taking time to ramp up production". You know who else takes time to ramp up production of a new product? Literally everyone. Except the other manufacturers already have manufacturing capabilities, factories, and workforces.
Tesla is literally only profitable because it sells its carbon credits. It doesn't sell enough vehicles to turn a profit.
Now, here's the thing: that'd all be "fine" if Tesla wasn't valued with the likes of fucking Google and Apple on the stock exchange. That is the fucking problem. Tesla produces so few vehicles that it's not only less than its competitors, but it can't meet its own demand and can't profit off those limited sales. Yet it's not only valued higher than its competitors, it's valued with the likes of Google?
Yeah, sorry. The company is over-valued and I don't care what "narrative" you're here to peddle.
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