Page 2 of 5 FirstFirst 12345 LastLast
Results 11 to 20 of 44

Thread: Elon Musk, what is the catch?

  1. #11
    Companhia dos Leões da Beira
    Apricity Funding Member
    "Friend of Apricity"

    Brįs Garcia de Mascarenhas's Avatar
    Join Date
    Oct 2016
    Last Online
    @
    Meta-Ethnicity
    Romance
    Ethnicity
    Portuguese
    Country
    Portugal
    Y-DNA
    R1b-L21
    mtDNA
    H15
    Religion
    Cultural Christian
    Relationship Status
    Married
    Gender
    Posts
    18,363
    Thumbs Up
    Received: 24,023
    Given: 16,803

    0 Not allowed!

    Default

    Quote Originally Posted by Harkonnen View Post
    I have understood that Panasonic makes the batteries for Tesla. If Panasonic wants it can sell the same batteries for other manufacturers. I also don't believe there is anything that revolutionary about those batteries that it can't be replicated or improved by other players.
    They are produced in Tesla Gigafactory 1 with the aid of Panasonic’s battery division I believe. Tesla has open-source patent philosophy to accelerate the advent of sustainable transport, so you can bet indeed that other big autos have an eye on everything that Tesla does considering that they even encourage them to do so. Tesla's brand name is however already associated with innovation and higher efficiency than their competitors on same market segment. That's their differentiator.

    Think of Tesla as you think of Coca-Cola. Tesla is the Coca-Cola of electric cars and clean energy storage. And very few people pick or prefer some cheap Cola rip-off brand over the original Coca-Cola.
    YDNA: R1b-L21 > DF13 > S1051 > FGC17906 > FGC17907 > FGC17866


  2. #12
    Радуновић
    Join Date
    Jul 2018
    Last Online
    03-09-2022 @ 05:22 PM
    Meta-Ethnicity
    Metohija > Montenegro > Kosovo
    Ethnicity
    Serb
    Country
    Serbia
    Y-DNA
    E-V13
    mtDNA
    Y-DNA: I2a
    Gender
    Posts
    3,512
    Blog Entries
    10
    Thumbs Up
    Received: 2,321
    Given: 847

    0 Not allowed!

    Default

    I really like that guy...
    Kosova ėshtė zemra e Serbi

  3. #13
    Banned
    Join Date
    Mar 2011
    Last Online
    03-06-2022 @ 05:21 PM
    Meta-Ethnicity
    NBK
    Ethnicity
    Black Finn
    Country
    Finland
    Region
    Texas
    Taxonomy
    Kylälahtic/Australoid, NEOMORPH
    Politics
    Santeri Alkio
    Hero
    Action Jackson
    Religion
    Steel Eight
    Gender
    Posts
    10,498
    Thumbs Up
    Received: 6,608
    Given: 1,825

    0 Not allowed!

    Default

    Quote Originally Posted by Viriato View Post
    They are produced in Tesla Gigafactory 1 with the aid of Panasonic’s battery division I believe. Tesla has open-source patent philosophy to accelerate the advent of sustainable transport, so you can bet indeed that other big autos have an eye on everything that Tesla does considering that they even encourage them to do so. Tesla's brand name is however already associated with innovation and higher efficiency than their competitors on same market segment. That's their differentiator.

    Think of Tesla as you think of Coca-Cola. Tesla is the Coca-Cola of electric cars and clean energy storage. And very few people pick or prefer some cheap Cola rip-off brand over the original Coca-Cola.
    I think in car markets many do in fact pick the cheaper option. What's going to happen is the Chinese are going to put up some ultra cheap option to markets and then we are just going to see how many are willing to pay treble the price for same technology build in same factory just because brand.

  4. #14
    Banned
    Join Date
    Mar 2011
    Last Online
    03-06-2022 @ 05:21 PM
    Meta-Ethnicity
    NBK
    Ethnicity
    Black Finn
    Country
    Finland
    Region
    Texas
    Taxonomy
    Kylälahtic/Australoid, NEOMORPH
    Politics
    Santeri Alkio
    Hero
    Action Jackson
    Religion
    Steel Eight
    Gender
    Posts
    10,498
    Thumbs Up
    Received: 6,608
    Given: 1,825

    0 Not allowed!

    Default

    Panasonic uneasy about partner Elon Musk's bombshells
    Tesla chief now seen as risk to Japanese company's battery business

    TOKYO -- Panasonic is beginning to reassess its relationship with U.S. automaker Tesla and its freewheeling CEO, Elon Musk.
    The U.S. Securities and Exchange Commission filed charges against Musk on Thursday, alleging he made "false and misleading statements" when he tweeted in August about plans to take his carmaker private.
    Tesla's stock price fell by almost 12% in after-hours trading in New York on Thursday. Panasonic shares fell by close to 1% at one point during Friday morning trading on the Tokyo Stock Exchange.

    Panasonic's management is uneasy about having its vital car battery business hinge on a man widely regarded as a visionary, but who has also made a series of head-scratching moves of late. Panasonic has invested heavily in the business, which it views as the main driver of its future growth.
    The Japanese company's perceptions of Musk started changing when the entrepreneur abruptly tweeted that he had funding for the privatization plan on Aug. 7.

    About two weeks later, facing strong opposition from shareholders, Musk withdrew the plan to go private.
    A senior Panasonic executive described Musk's announcement, which could have triggered a class-action lawsuit if the plan had been pursued, as "unimaginable."
    In early September, the Panasonic executive was stunned to watch the CEO, appearing on a webcast, taking a deep drag on what was apparently marijuana.
    In addition to supplying batteries manufactured in Japan to Tesla, Panasonic is also operating a huge battery manufacturing plant in the U.S. state of Nevada jointly with Musk's company. The plant started full-scale operation in 2017 and is expected to ramp up its annual production capacity by 30%. So by the end of March 2019, it will be able to make 35 gigawatt-hours of lithium-ion batteries.
    Panasonic is shelling out some 200 billion yen ($1.78 billion) of the estimated total investment of 500 billion yen in the plant.
    Sales to businesses account for about 70% of Panasonic's overall group revenue of around 8 trillion yen. Car batteries are the mainstay of its business-to-business operations.
    Although it was dethroned from the top spot on the list of the world's leading makers of car batteries by Chinese rivals in 2017, Panasonic is still the No. 1 supplier for passenger vehicles, according to an executive in charge of the business. Japanese, European and American automakers make about 70 models powered by Panasonic batteries.
    Tesla is by far the largest customer for Panasonic's car battery business, with each of its electric vehicles using thousands of cylindrical battery cells.
    Less than two months before Musk's buyout bombshell, Panasonic felt reassured about its partnership with Tesla. The partner had pledged to raise the production rate of its new, more affordable Model 3 to 5,000 units per week by the end of June.
    In mid-June, Panasonic President Kazuhiro Tsuga flew to the U.S. in a private jet and visited the plant in Nevada, known as the Gigafactory. Although many observers were skeptical about the Model 3 production hike, Musk asked Tsuga to make as many batteries as possible to meet strong demand.
    Panasonic was considering new plans to boost its battery production capacity to supply Tesla, including expansion of the Gigafactory and a new plant in China, when Musk tweeted the privatization proposal. Then, Tesla's chief accounting officer suddenly resigned in early September after only a month on the job -- one of many recent departures of senior Tesla executives.
    All these developments have fueled concerns about Musk's managerial fitness.
    Tesla is still losing money and is suffering from negative free cash flow. Panasonic will decide on future investments in its business with Tesla after assessing whether the Model 3 will generate enough profits to allow the company to expand its operations, according to a senior executive.
    The success of the Model 3 is crucial for Tesla, if it is to remain the leader in the electric vehicle race. Rivals such as Mercedes-Benz are beginning to bring multiple models into the luxury electric segment.
    Panasonic, for its part, is on a solid financial footing. The company's own capital ratio is a healthy 30% or so, and it boasts over 200 billion yen in net profit every year.
    The future of its car battery business seems to be bright, given tremendous potential demand as the auto industry goes electric. But Panasonic has spent an amount roughly equivalent to its annual net profit on its joint battery plant with Tesla. If the U.S. partner's business runs into trouble, that would spell trouble for Panasonic as well.
    Panasonic has rebounded from the losses of over 750 billion yen it posted for each of the two consecutive years to the end of March 2013, due mainly to a slump in its TV business. The company made a huge but misguided bet on plasma display technology in the early 2000s, investing a total of 600 billion yen to build plants to manufacture plasma TVs at home and abroad.
    The market for plasma TVs never took off, as consumers opted for LCD sets instead.
    Tsuga, who took the helm in 2012, pushed through a radical overhaul to shift the group's strategic focus to businesses catering to corporate clients. Panasonic's cash reserves surged to 1.3 trillion yen at the end of March 2015, up from about 500 billion yen two years earlier.
    The Japanese company struck a deal on the joint battery manufacturing venture with Tesla in 2014 as it regained financial health. Its partnership with Musk's electric vehicle scheme is symbolic of Tsuga's structural reform, and also of his vision for the company's future.
    Tsuga, who has reinvented Panasonic's business portfolio without resistance from the old guard, may have seen a kindred spirit in Musk, a radically innovative entrepreneur pushing to revolutionize the auto industry.
    But the eccentric Tesla CEO has also become a risk factor. The Justice Department, too, has reportedly launched an investigation into Musk's tweet about delisting Tesla.
    Tesla's performance, and Musk's behavior, through the rest of the year will determine the future of the partnership, a senior Panasonic executive said.
    https://asia.nikkei.com/Business/Com...k-s-bombshells

  5. #15
    Companhia dos Leões da Beira
    Apricity Funding Member
    "Friend of Apricity"

    Brįs Garcia de Mascarenhas's Avatar
    Join Date
    Oct 2016
    Last Online
    @
    Meta-Ethnicity
    Romance
    Ethnicity
    Portuguese
    Country
    Portugal
    Y-DNA
    R1b-L21
    mtDNA
    H15
    Religion
    Cultural Christian
    Relationship Status
    Married
    Gender
    Posts
    18,363
    Thumbs Up
    Received: 24,023
    Given: 16,803

    1 Not allowed!

    Default

    Quote Originally Posted by Harkonnen View Post
    I think in car markets many do in fact pick the cheaper option. What's going to happen is the Chinese are going to put up some ultra cheap option to markets and then we are just going to see how many are willing to pay treble the price for same technology build in same factory just because brand.
    Well, a single Tesla battery itself is not that expensive already, they have invested heavily to decrease its production costs. You can buy a few on Ebay for 3$ each or something, made in the US.A. They very likely will build a overseas car-assembly plants and gather new battery suppliers, probably in China. Why wouldn't other manufacturers buy from Tesla through agreements though? My Mitsubishi runs on a Mercedes engine.

    If you don't buy into the hype around Tesla you might want to consider looking after lithium-mining companies. There's a lot of hype around them, along with weed stocks they are some of the hottest speculative stocks.
    YDNA: R1b-L21 > DF13 > S1051 > FGC17906 > FGC17907 > FGC17866


  6. #16
    Banned
    Join Date
    Mar 2011
    Last Online
    03-06-2022 @ 05:21 PM
    Meta-Ethnicity
    NBK
    Ethnicity
    Black Finn
    Country
    Finland
    Region
    Texas
    Taxonomy
    Kylälahtic/Australoid, NEOMORPH
    Politics
    Santeri Alkio
    Hero
    Action Jackson
    Religion
    Steel Eight
    Gender
    Posts
    10,498
    Thumbs Up
    Received: 6,608
    Given: 1,825

    0 Not allowed!

    Default

    This news from today

    Jaguar I-PACE outsells Tesla on debut


    Tesla has had a straight head-to-head fight with the first full exclusively electric offering from a legacy carmaker and lost. Badly.
    Long the lead (and mostly the only) player in the dedicated premium EV market, Tesla was unseated from its throne in The Netherlands, Norway and even Sweden by Jaguar’s I-PACE in December.

    Even more telling, Jaguar’s first electric car dominated in The Netherlands, selling more than any other car the country in December as buyers raced to get out in front of January 2019’s higher taxes on EVs.

    With Audi’s e-tron and e-tron GT, Porsche’s Taycan, Mercedes-Benz’s EQ C and a horde of Volkswagen-branded EVs launching this year, the heavily subsidized EV markets of Norway and Sweden will be the countries to watch this year.
    But, at the very least, Tesla’s comfortable dominance of the premium EV world is starting to look shaky, with the I-PACE’s sales exploding in Europe’s most critical electric-car markets.
    While the volumes weren’t enormous, at 2621 cars in December, it showed Jaguar diverting its I-PACE production to The Netherlands before the country bumped its tax on EVs up from four percent to 22 percent on New Year’s Eve.
    https://www.motoring.com.au/jaguar-i...-debut-116428/

    Other operators are waking up and I think the market is going to melt under Tesla and they gonna loose their headstart. In the long run Musks frantic leading style is not going to work. This whole Panasonic drama is good example. Panasonic wants to work with stable partners/people. This same issue is gonna come up with other potential partnering companies and Mr Musk.

  7. #17
    Companhia dos Leões da Beira
    Apricity Funding Member
    "Friend of Apricity"

    Brįs Garcia de Mascarenhas's Avatar
    Join Date
    Oct 2016
    Last Online
    @
    Meta-Ethnicity
    Romance
    Ethnicity
    Portuguese
    Country
    Portugal
    Y-DNA
    R1b-L21
    mtDNA
    H15
    Religion
    Cultural Christian
    Relationship Status
    Married
    Gender
    Posts
    18,363
    Thumbs Up
    Received: 24,023
    Given: 16,803

    0 Not allowed!

    Default

    Lol, Elon Musk is an unique and highly controversial CEO. Anything he tweets has the potential to volatile drastically Tesla's stocks.
    YDNA: R1b-L21 > DF13 > S1051 > FGC17906 > FGC17907 > FGC17866


  8. #18
    Banned
    Join Date
    Dec 2017
    Last Online
    @
    Meta-Ethnicity
    Eagle
    Ethnicity
    Straight
    Country
    Taiwan
    Relationship Status
    Married parent
    Gender
    Posts
    6,268
    Thumbs Up
    Received: 3,815
    Given: 7,518

    0 Not allowed!

    Default

    Quote Originally Posted by Harkonnen View Post

    Again this makes no logical sense. Tesla operates like a IT Company, it really has not the infrastructure (large factories) to build ten million cars a year like the traditional operators do.
    They're going there.

    Musk was in Shanghai on Monday for the ground-breaking of Tesla's first overseas factory - a $2 billion Gigafactory - which will allow it to sell vehicles directly in the world's largest market for electric vehicles.



    https://www.dailymail.co.uk/news/art...t-Beijing.html

  9. #19
    Banned
    Join Date
    Mar 2011
    Last Online
    03-06-2022 @ 05:21 PM
    Meta-Ethnicity
    NBK
    Ethnicity
    Black Finn
    Country
    Finland
    Region
    Texas
    Taxonomy
    Kylälahtic/Australoid, NEOMORPH
    Politics
    Santeri Alkio
    Hero
    Action Jackson
    Religion
    Steel Eight
    Gender
    Posts
    10,498
    Thumbs Up
    Received: 6,608
    Given: 1,825

    0 Not allowed!

    Default

    One of the Tesla bosses Linda Johnson Rice, just sold her options, for shits and giggles

    https://twitter.com/TeslaCharts/stat...96441026269184

  10. #20
    Banned
    Join Date
    Mar 2011
    Last Online
    03-06-2022 @ 05:21 PM
    Meta-Ethnicity
    NBK
    Ethnicity
    Black Finn
    Country
    Finland
    Region
    Texas
    Taxonomy
    Kylälahtic/Australoid, NEOMORPH
    Politics
    Santeri Alkio
    Hero
    Action Jackson
    Religion
    Steel Eight
    Gender
    Posts
    10,498
    Thumbs Up
    Received: 6,608
    Given: 1,825

    0 Not allowed!

    Default

    Quote Originally Posted by Hulu View Post
    They're going there.

    Musk was in Shanghai on Monday for the ground-breaking of Tesla's first overseas factory - a $2 billion Gigafactory - which will allow it to sell vehicles directly in the world's largest market for electric vehicles.



    https://www.dailymail.co.uk/news/art...t-Beijing.html
    A factory that is going to take at least 2 years minimum to build. I know Musk was talking less than 1 year, but that was surely just one of his patented overly optimistic advertising speeches -- just like the undestructuble brakes etc.

Page 2 of 5 FirstFirst 12345 LastLast

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. What is Elon Musk's Y-dna?
    By Drawing-slim in forum Haplogroups
    Replies: 20
    Last Post: 10-05-2023, 01:34 AM
  2. Classify Elon Musk
    By SobieskisavedEurope in forum Taxonomy
    Replies: 62
    Last Post: 10-02-2023, 01:00 AM
  3. Elon Musk is Asian/Siberian/Hun Turk
    By indo-uralopean in forum Taxonomy
    Replies: 7
    Last Post: 11-28-2021, 04:22 AM
  4. How would you classify Elon Musk's accent?
    By Iloko in forum Linguistics
    Replies: 3
    Last Post: 07-27-2019, 09:58 AM
  5. Elon Musk is here!
    By DarkSecret in forum Türkiye
    Replies: 7
    Last Post: 11-10-2017, 12:42 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •