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Showing content with the highest reputation on 07/06/2023 in all areas

  1. Tesla is, at a bare minimum, 2-3 years off for this. They haven't shown anything or made an official announcement and we all know how long it takes them to get anything from announcement to customers' hands. I think it's also safe to say that 25k will never happen. If they hit 30k on the nose, that would be a big win but I don't think they will ever sell a 25k car. If they do, it'll be for a couple months, just like the 35k Model 3. They did it to say they could and then immediately axed the trim/model. If I remember correctly, the 35k Model 3 only sold for 5 months. But, GM does have an EV in that price range already. I don't like it, but the Bolt and Bolt EUV are under 30k and are on sale now.
    1 point
  2. What PROOF do you have that GM ramp up is not as fast as Tesla? GM has more battery capacity coming online this year in the U.S. and will exceed Tesla Battery production here by the end of the year. GM as well as Ford already know how to build more autos faster than Tesla. Proof is in the Trucks where each company has a truck coming off the assembly line in seconds. Tesla cannot do that yet. Cox article is historical and while sales have surprised the industry analysts, all it takes is the recession that the investment community sees coming by the end of the year to kill off those sales. Tesla DOES NOT have any $25-$30,000 EV. GM does and it goes on sales this summer. Also you have no proof that GM which says they can make a profit on the Equinox and Blazer EV that they are not making any profit. Tesla showed their Cybertruck in 2019 with promise to have it out in production in 2021. Now we are in 2023 and they are having so many engineering problems with the Cybertruck that they will not really have it out other than a few special production units this year. 2024 is now the more common time frame to have that truck out, 5 years after showing it off and at 6 figure prices first. GM as does Ford and Rivian has their trucks out and are working to ramp as battery production comes online. All of what you stated above is MUSK KOOLAID drinking and no actual facts.
    1 point
  3. Mary Barra herself has said they can't make profit on EV's under $40k until maybe 2030. And they are targeting like 400k EV's next year or in 2024 whatever it is. Tesla will be at 8 million EV by 2030 easily, that will be more than GM's combined ICE and EV sales. And GM might get the EV's right and be a player, they aren't the ones that risk extinction like some of the other brands. But the Bolt is getting discontinued a the end of the year. The $25-30k Tesla depends on the Mexico factory, which Tesla will say will opening 2024, but let's say it is 2025. So once that is open the low cost car comes out. And they said it is 40% less cost to procure than a Model 3/Y.
    0 points
  4. But GM's EV ramp up isn't as fast as what Tesla will ramp up in 2024-2027. Although GM is going faster with more product than some others. It is the ones like Subaru, Nissan, Mazda that I think are going to be screwed, and probably Honda since they just want to rebadge GM EV's which could lead to a supply problem for them. And the Cox article highlights how sales are coming back, probably will see a 15.4 million sales year this year, and if there is any interest rate cut next year, I don't see why it couldn't be back to 16-17 million in 2024. And Tesla's big advantage will be the $25-30,000 car. They will be able to turn profit on a sub $30,000 EV which it seems no one else can make profit on a $40,000 EV. So Tesla can really monopolize that sub $40,000 price point, which is a huge part of the market.
    0 points
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