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Ford the number 2 EV brand in the U.S. for 2022, is on track with their construction of BlueOval City Mega-Campus and poised to usher in a new era of American Innovation and Manufacturing along with their next-gen electric truck.
By David, in Automotive Industry,
LG Innotek has produced the first wireless BMS system for the automotive industry allowing gains in EV range and management.
Collector's Edition of the 2024 Model year Camaro announced by Chevrolet to close out a nine year run that saw hundreds of thousands sold.
By David, in Volkswagen,
Volkswagen has revealed their global ID.2all electric car for everyone costing less than $25,000 Euros or $27,000 U.S. dollars for an EV.
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Per this latest story: Tesla Production Sites By Model Assignment, Capacity: October 2022 (insideevs.com) Based on the above numbers before any expansion that would need to be done at the plants per the story, Tesla at maximum capacity now would only be able to produce 1,900,000 or about 100,000 shy of @smk4565 statement of producing 2 million autos in 2023. The bigger issue is that Tesla Fit n Finish has gotten more attention and many Tesla fans are leaving Tesla due to the CEO and going with other companies EVs. Tesla will grow, but not as fast as I think some here believe. Especially without expanding existing plants which is not something they can do overnight. Perfect example is their German plant where each time they want to increase production and hours of operation they have to file a request with the local Government and that take 90 to 180 days. They cannot just flip a switch for increase production and they still have their other projects to deal with. -
Further proof that Tesla is going to have problems is that very large drop in Used EV prices now on par with ICE auto's. The Pandemic is over and prices are no longer going up. Tesla Model 3 leads a nosedive in used EV prices (greencarreports.com) 21.5% drop in prices since September 2022 and still dropping. This is the same problem many other auto companies have had where new car price is hit with a large drop in value in only months. Currently the average price of a new Tesla 3 is $44, 990 and with a 21.5% price drop in 6 months means your new auto is worth $35,317.15 or a drop of $9,672.85 value drop in 6 months. Tesla Model 3 Costs Much Less Than Average New Car, Sans Incentives (insideevs.com) Economy of scale does not always mean value price is kept and as we are seeing, Tesla is now dropping just as fast as other brands.
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1.31M in 2022. That's about 33% off of 2 million. Do we know if they have the capacity to add 33% more in 2023? That's a pretty massive amount. -
By surreal1272 · Posted
Nope, nope, and more nope. You can scream that price until the cows come home but Tesla has yet to meet any original price point brought up by them. Hell, VW has ready beat them to the punch in the sub-$30K game so where is their advantage two years from now when said factory will actually be done (hypothetically)? Answer, there isn't one. Only fanboy talk. Tesla is building this. Tesla is building that. It is baffling how you post this like they are the ONLY ones doing any of this. They aren't but I'm sure you will be there to believe whatever price point promise nonsense that Elon tweets. -
First off, Lincoln does have sales decline as they killed off their cars and then the Pandemic hit and the 3,000 roughly decline between 2021 to 2022 is on par with the whole auto industry decline due to the global pandemic. They have their stable of luxury SUVs and this year will truly show if their 5 star rated auto's along with all the reviews show an increase or not. Genesis is growing and paying attention but then they are more car centric than SUV and their SUVs are fairly new. People are realizing that Genesis gives so much more value than many other luxury brands. Lets STOP THE BS on Tesla. They have announced that they are looking to build a Mexico factory, they have not done anything and the government has not approved anything. The biggest reason for this is the water shortage the area that Tesla wants to build in and while as the latest news below states that Musk has verbally agreed to use recycled water and be non water user based company. They have not submitted any documentation yet, plans, etc. as such this is as Musk has said so many times, VAPORWARE. Tesla to build plant in Mexico | CTV News Same with your comment, Tesla HAS NO $30,000 auto. Nothing has been shown, just words that they are working on such a car. Said the same thing about Tesla 3 that is VAPORWARE. In regards to your value play, GM, Ford have been offering leases with insurance, etc. for years before Tesla started offering this. They are late to the party. GM and Ford both have offered this on their EV models from the start.
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