[Efthreeoh]

Originally Posted by M5Rick

I still have my grandfathers one, small heavy silver box with cooling holes all around still working and buzzing.

The Elec-Trak had an on-board charger. I had to fix it once when I was 14 or so. The diodes died on it. The timer went too, so I hardwired it with a male plug. The machine was way ahead of its time.

[M5Rick]

Originally Posted by Efthreeoh

The Elec-Trak had an on-board charger. I had to fix it once when I was 14 or so. The diodes died on it. The timer went too, so I hardwired it with a male plug. The machine was way ahead of its time.

The label fell of this vintage charger, but another small one says EE Co,London,we have a laugh with the family when I switch it on in the garage and the buzz changes when the micro 2 pin plug adjusts the power higher.

[M3WC]

GM is joining Ford as they scrap EV targets.

General Motors is reworking its EV strategy in North America and is pulling back from efforts to challenge Tesla's lead in the US electric vehicle segment amid slowing EV sales growth, rising labor costs, and a bleak economic outlook.

We are also moderating the acceleration of EV production in North America to protect our pricing, adjust to slower near-term growth in demand

The bad news for GM's electrification efforts doesn't end here. The automaker said it is also slowing the launch of several EV models to cut costs and is cutting back on EV product spending. Delayed models include the Chevrolet Equinox EV, Chevrolet Silverado EV RST, and GMC Sierra EV.

From a financial standpoint, Barra said in the shareholder letter that GM has work to do to ensure it achieves "low to mid-single-digit EBIT EV margin targets in 2025" given the industry's changing pricing and demand outlook and higher labor costs.

https://insideevs.com/news/692967/gm...ough-mid-2024/

[Car-Addicted]

Originally Posted by M3WC

GM is joining Ford as they scrap EV targets.

These companies are discovering that following the EPA's play book is a suicide pact.

[XutvJet]

Originally Posted by Car-Addicted

These companies are discovering that following the EPA's play book is a suicide pact.

They need to stop investing so much is pure EVs and focus on hybrids. There is so much untapped potential with hybrid tech and the public is far more welcoming of it.

Toyota seems to be the only ones really embracing hybrid. They managed to squeeze 60% more energy out of new Prius' 280lb battery vs the prior gen's 265lb battery. That's major progress.

Although not really intended for MPG improvement, I personally like GM's Corvette eRay with the ICE drivetrain completely separate from the electric drivetrain which is up front. It's a great way to do AWD and all sorts of other performance wizardy.

[BGM-M3COMP]

I knew no one can dare attempt to try to beat Tesla

[Car-Addicted]

Originally Posted by BGM-M3COMP

I knew no one can dare attempt to try to beat Tesla

OPPS

Tesla sales again fall short of production
But it does mean that over the last 12 months Tesla has produced 78,000 more cars than it has sold, suggesting that talk of strong demand by Tesla executives may not be backed up by the numbers. That 78,000-vehicle excess production is equal to 5% of the cars it has built.
https://www.cnn.com/2023/04/02/inves...les/index.html

[gblansten]

Originally Posted by Car-Addicted

OPPS

Tesla sales again fall short of production
But it does mean that over the last 12 months Tesla has produced 78,000 more cars than it has sold, suggesting that talk of strong demand by Tesla executives may not be backed up by the numbers. That 78,000-vehicle excess production is equal to 5% of the cars it has built.
https://www.cnn.com/2023/04/02/inves...les/index.html

That's from April 2023 on first quarter data. So...outdated.

[gblansten]

Tesla's third quarter sales were down slightly as expected as production of the old Model 3 stopped and the they re-did the production lines.

[M5Rick]

If Tesla are giving away free cars due to overproduction then I'll take one off their hands, I'll buy the charger cable

[Car-Addicted]

Originally Posted by gblansten

Tesla's third quarter sales were down slightly

You mean this third quarter report?

Tesla Q3 profit falls 44% on EV price cuts
Tesla attributed its fallen profitability margin largely to its reduced pricing of vehicles. In the third quarter, Tesla cut prices for its Model S and Model X luxury vehicles by as much as $18,500 per car.
In Q3, Tesla delivered 435,059 vehicles, which was nearly 7% lower than deliveries in Q2.
https://techcrunch.com/2023/10/18/te...ev-price-cuts/

Nothing says good times like cutting prices and seeing lower sales. Truth, in fact I really can't blame this on Musk and Tesla. There is no good news in this economy for anyone. My companies sales have tanked way more that Tesla's and my vendor prices are up and margins are down.

[gblansten]

Originally Posted by Car-Addicted

You mean this third quarter report?

Tesla Q3 profit falls 44% on EV price cuts
Tesla attributed its fallen profitability margin largely to its reduced pricing of vehicles. In the third quarter, Tesla cut prices for its Model S and Model X luxury vehicles by as much as $18,500 per car.
In Q3, Tesla delivered 435,059 vehicles, which was nearly 7% lower than deliveries in Q2.
https://techcrunch.com/2023/10/18/te...ev-price-cuts/

Nothing says good times like cutting prices and seeing lower sales. Truth, in fact I really can't blame this on Musk and Tesla. There is no good news in this economy for anyone. My companies sales have tanked way more that Tesla's and my vendor prices are up and margins are down.

Yes. Part of the strategy is to leverage Tesla's profit per car advantage and put pressure on competitors. I think it was a good decision. As expected overall revenue has dropped from that plus the production hiccup of the Model 3.

[Car-Addicted]

Originally Posted by gblansten

Yes. Part of the strategy

Man I got to give you respect as a true believer.

[gblansten]

Originally Posted by Car-Addicted

Man I got to give you respect as a true believer.

I think the entire auto industry (ICE/EV) has major headwinds ahead with the economy/interest rates, etc. We will see. I am not too worried about Tesla going out of business anytime soon. With robotics and energy and possibly the long promised but not yet delivered FSD, Tesla has some major opportunities for growth.

[Car-Addicted]

I wouldn't worry too much about Tesla and Musk going out of business.

Tesla's Dojo Supercomputer: A Paradigm Shift In Supercomputing?
https://www.forbes.com/sites/stevend...h=67dc94357bc2

I'm thinking he will have "FU" money for some time.

[gblansten]

Originally Posted by Car-Addicted

I wouldn't worry too much about Tesla and Musk going out of business.

Tesla's Dojo Supercomputer: A Paradigm Shift In Supercomputing?
https://www.forbes.com/sites/stevend...h=67dc94357bc2

I'm thinking he will have "FU" money for some time.

Agree. Dojo will be the potential breakthrough they need to really refine V12 of FSD. Plus they can farm out its use with other companies. And train the AI of the Tesla robots to come.

[BGM-M3COMP]

Tesla is so far ahead not even funny

[NikMN]

Tesla owned by child who likes to trough 🏖👶 tentrums because someone was mean to him on Twitter. You know this is a bmw forum right?

[gblansten]

Originally Posted by NikMN

Tesla owned by child who likes to trough 🏖👶 tentrums because someone was mean to him on Twitter. You know this is a bmw forum right?

I have recently become aware that this is a BMW forum.

[NikMN]

Good start. We talk about oil leaks why our cars don't start not getting drunk on cult coolaid

[gblansten]

Originally Posted by NikMN

Good start. We talk about oil leaks why our cars don't start not getting drunk on cult coolaid

Well, I’m new here and still learning the ropes.

[Car-Addicted]

You may have noticed that this thread is under:
General Automotive (non-BMW) Talk + Photos/Videos / Still want an EV?

Tesla discussion sounds pretty germaine to me.