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re: Tesla Cybertruck delayed again; HUMMER poised to be first electric pickup to market

Posted on 8/10/21 at 9:04 am to
Posted by SirWinston
PNW
Member since Jul 2014
100449 posts
Posted on 8/10/21 at 9:04 am to
I'm okay with it as it makes it more likely I'll be able to honour my deposit and actually make the purchase if it rolls into mid to late 2022.
Posted by billjamin
Houston
Member since Jun 2019
16539 posts
Posted on 8/10/21 at 9:10 am to
quote:

I’m still unsure of how Tesla actually makes money. It’s stock position is inexplicable.


They're much more than a car company. There's an entire home energy component that everyone forgets about. They're viewed as a distributed energy company not a vehicle manufacturer.
Posted by shel311
McKinney, Texas
Member since Aug 2004
112623 posts
Posted on 8/10/21 at 9:45 am to
quote:

Tesla needs to sell out their car division and just stick with batteries.


Posted by shel311
McKinney, Texas
Member since Aug 2004
112623 posts
Posted on 8/10/21 at 9:46 am to
quote:

Tesla Cybertruck delayed again
Elon time, was always expected.

They were turning the corner a bit with the Model Y and Shanghai factory coming in on time, but back to the usual delays with the Cybertruck.

It remains to be seen when production will actually start, but so far, it's a pretty small delay, nothing really to freak out about.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11832 posts
Posted on 8/10/21 at 9:50 am to
quote:

There's an entire home energy component that everyone forgets about


Any context here? What's the cumulative profits of those revenue streams?
Posted by billjamin
Houston
Member since Jun 2019
16539 posts
Posted on 8/10/21 at 9:59 am to
quote:

Any context here? What's the cumulative profits of those revenue streams?

It should all be publicly filed in their earnings report, anything I have I can't release. There are multiple income streams from home energy: sales and leases of equipment, renewable energy credits, sale of investment tax credit, etc. This is also a space where investors are pouring money in because its generation at the load. They're getting closer with solar tiles, their home batteries are one of the best on the market, and the control and conditioning tech is industry leading.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11832 posts
Posted on 8/10/21 at 10:02 am to
quote:

renewable energy credits, sale of investment tax credit


Oh okay, so you're including their only source of profit with the rest of it. Nevermind
Posted by billjamin
Houston
Member since Jun 2019
16539 posts
Posted on 8/10/21 at 10:04 am to
quote:

Oh okay, so you're including their only source of profit with the rest of it. Nevermind

Recs are profitable, ITC sales really aren't. They're just used to get cheap capital.

I also never said they were profitable. Investors might turn on them one day, but for now they're happy to pump money in to keep the innovation going and a lot of that has to do with the distributed generation side. But one day those same investors will hold their feet to the fire and make them be profitable, just like they're doing to shale companies rights now.
This post was edited on 8/10/21 at 10:10 am
Posted by Kingpenm3
Xanadu
Member since Aug 2011
9752 posts
Posted on 8/10/21 at 10:20 am to
quote:

delayed


I just want some starlink.

Posted by Joe_Dirte
The Boot
Member since Feb 2019
868 posts
Posted on 8/10/21 at 10:29 am to
quote:

I really don’t want an electric car.


I agree and don't personally think that an EV would work for me in the near term. I use my truck for work, travel quite a bit, and often tow a trailer. However, my wife barely gets outside of a 12 mile radius of our house. I could see us having one of each soon
Posted by shel311
McKinney, Texas
Member since Aug 2004
112623 posts
Posted on 8/10/21 at 10:34 am to
quote:

I agree and don't personally think that an EV would work for me in the near term. I use my truck for work, travel quite a bit, and often tow a trailer. However, my wife barely gets outside of a 12 mile radius of our house. I could see us having one of each soon

Yea, they work for I think more than most people realize, but not necessarily for everyone.
Posted by Kentucker
Rabbit Hash, KY
Member since Apr 2013
20055 posts
Posted on 8/10/21 at 10:37 am to
Arriving in spring 2022, the F-150 Lightning

Posted by LSUcajun77
New Orleans
Member since Nov 2008
23877 posts
Posted on 8/10/21 at 11:01 am to
I have no clue. Nor am I concerned.
Posted by LSUTigerFan247
Member since Jun 2017
3747 posts
Posted on 8/10/21 at 11:12 am to
A part of me still believes this entire Cyber Truck thing is one big troll by Musk

I mean, did you see that thing??
Posted by biglego
San Francisco
Member since Nov 2007
83017 posts
Posted on 8/10/21 at 11:26 am to
Well is the new fricking Tundra ever going to come out at least?? Been waiting for that for ten years now.
Posted by biglego
San Francisco
Member since Nov 2007
83017 posts
Posted on 8/10/21 at 11:27 am to
quote:

really don’t want an electric car. I feel like we finally got gas cars down to be insanely reliable and pretty efficient since the turn of the century.


I think hybrid is a pretty great compromise. Ford Powerboost gets 24mpg with like 500hp.
Posted by WeeWee
Member since Aug 2012
43835 posts
Posted on 8/10/21 at 11:28 am to
quote:

Let me run to Lowe’s and load up my cyber truck with plywood. Then stop by the house to charge my truck for an hour before I can drive to the camp and build the deer stand.



Don't worry. There will soon be charging stations everywhere and you can watch netflix while you wait the hour and half to charge.
Posted by biglego
San Francisco
Member since Nov 2007
83017 posts
Posted on 8/10/21 at 11:28 am to
quote:

I really wish Honda would make an Electric Ridgeline.


quote:

LSU Coyote


Right on cue
Posted by BorrisMart
La
Member since Jul 2020
9021 posts
Posted on 8/10/21 at 11:58 am to
Fords will beat it. The hybrid is already basically an EV.
Posted by shel311
McKinney, Texas
Member since Aug 2004
112623 posts
Posted on 8/10/21 at 12:05 pm to
quote:

Don't worry. There will soon be charging stations everywhere and you can watch netflix while you wait the hour and half to charge.

Or 10-15 minutes
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