The driver of the Tesla Cybertruck that exploded outside Donald Trump’s Las Vegas hotel on New Year’s Day has been identified as Matthew Livelsberger, according to media reports.
He is US-born, also an army veteran and served at the same army base as the New Orleans terrorist.
No theories published as to why so far.
For the full year 2024, Tesla delivered 1,789,226 vehicles globally, a decrease of 1.07 percent from 2023 and the first decline in more than a decade.
Also delivered 495,570 vehicles globally in the fourth quarter, up 2.28 percent year-on-year and 7.06 percent from the third quarter. Forecasts for Q4 were between 490,00 and 510,000.
Annual energy storage deployments totaled 31.4 GWh over double the 2023 figure.
A major profit generator is carbon credit sales which added almost $2 billion in profits in 2023, these are expected to decline as more manufacturers move to electric and require fewer carbon credits.
For the full year 2024, the major competitor BYD sold 1,764,992 passenger BEVs globally, close to Tesla’s 1,789,226.
After Trump’s victory Tesla shares rose 70% but at this moment are now 20% down from that peak in pre-market trading at $388
Tesla shares fell yesterday after disappointing year end results but at ca. $380 is still a meme stock.
Q4 deliveries 495,570, a new record but China’s BYD exceeded Tesla’s Q4 deliveries by 100,000 E-vehicles or by 20%!
Is Musk the biggest problem there now? following his attacks on California governor Newsom sales are forecast to be 9% down there, following Elon’s attacks on their governments sales in Germany are predicted to be 40% down, 10% in UK and 15% down in the EU
Share prices are often measured on the Price/earnings ratio, looking at equivalent auto manufacturers
On this P/E basis, Tesla share prices should be around $60, not $380.
Looking at the future Tesla is late into the self drive taxi market.
The biggest two hype-and-hoopla elements currently are AI and a robots, Elon has yet to explain how he will make money out of AI, today they offer free services. Robots sound exciting but I know people who buy Teslas but not yet anybody who plans to buy a robot
I got a good giggle this afternoon after reading a bumper sticker on a Tesla…:
“I bought this before Elon went batshit!”
Whatever
Tesla directors including Chair Robyn Denholm and James Murdoch got court approval on Wednesday for a settlement worth up to $919 million that requires they return compensation to the carmaker to resolve allegations they overpaid themselves.
In other news, Model Y Juniper (or Opal) was caught during Winter-testing (likely in Norway).
The new Model Y is released in China and Australia. All as expected - and with a “blinker stalk” - hurray!
Looks good and I am glad they came to their senses regarding the blinker stalk. The only issue is that when my lease expires next Feb, I won’t be getting another Tesla as long as musk remains in charge.
Grünheide production will apparently switch in mid/late February.
So, we can expect the new ones to be available in about two months.
Also: ventilated seats and a front bumper cam.
My mate and I both bought our cars at the same time, opting for the white interior. Mine is the Model Y with unventilated seats and his the Model 3 Highland with ventilated ones.
In those 10 months his perforated white seats look like trash. There is already some staining and he needs harsh cleaner to keep them from looking too grubby. With mine, I just give them a clean with baby wipes every couple of weeks and they’re still as good as new. Having a sheet of unbroken pleather helps repel dirt and stains, but when you punch hundreds of holes in it, dirt inevitably builds up.
Moral of the story, get the black seats if going for the new models.
Good news for the excessive bean eaters
Yeah, I get what you’re saying.
I cannot imagine what they look like when liquid gets into the perforation holes.
As a kid, I regularly had to vomit in the car…
When you get what you wish for
The electric automaker earned $10.7 billion from selling credits created by government climate programs — a total that accounted for a third of Tesla’s profits over the last decade, according to an analysis of securities filings by POLITICO’s E&E News.
In the first nine months of 2024, some 43 percent of its net income came from those credits, which Tesla sold to rival carmakers after exceeding climate mandates in California and elsewhere.
Now President-elect Donald Trump, whose campaign was bankrolled with the help of Musk, is threatening to pull the plug on some of the environmental programs that have powered Tesla’s rise.
https://www.politico.com/news/2025/01/18/musk-tesla-climate-credits-trump-00198794
New Model Y can be ordered now in Switzerland.
Launch-Edition for 60k
https://www.tesla.com/de_ch/modely/design?redirect=no&cfg=#overview
Tesla reported revenue of $25.71 billion vs. $27.21 billion expected (per Bloomberg estimates), up only 2% from a year ago.
From a profitability standpoint, the company posted adjusted EPS of $0.73 vs. $0.75 expected, with operating income coming in at $1.58 billion, missing estimates of $2.68 billion.
For the full-year 2024, Tesla’s earnings per share is down 23% despite many seeing Tesla as a “growth stock”:
The silver lining is that while growth has gone away, Tesla remains profitable and has grown its cash stack to $36.6 billion.
Share price dipped and then recovered
Back in 2023, Tesla broke ground on a Texas lithium refinery. At the time, Musk said the refinery would produce enough battery-grade lithium for 1 million electric vehicles by 2025.
No battery-grade lithium in production yet.
It is not clear what is meant by “a new budget EV”
Tesla profit was $2.3 billion in the quarter, rwo risky items accounted for more than half. First their bitcoin holding jumpef $600 million and secondly almost $700 million from the regulatory credits Trump has promised to cancel
We will see how “ready” FSD is. Video seem to make it “ready enough”.
Back in 2014, it was a unique selling point for Tesla but now a lot of auto manufacturers offer supervised versions and promise more.
It looks like Tesla are slowly reaching a fully working product. They admitted today the HW3 computer is not powerful enough and they will have to swap it out for people who bought the full self-driving package.
Elon said during the 4Q 2024 results announcement that the full FSD will make them a lot of money in the future but this depends on how much they can charge.
If a Chinese automaker can make a cheap version like the “DeepSeek” AI surprise and offer it for free then Tesla will struggle.
When full self-driving was announced I thought it was a great idea but now I don’t need to do long-distance driving, mostly just shopping once a week and the occasional pleasure trip I doubt I would pay much for this feature.
