Hereโs a story about buying a generational stock early - and selling prematurely.
$AAPL
in the late 90โs, Apple was practically broke. Steve Jobs was brought back to the lead the sinking company, but he had his work cut out for him. Apple was in dire straits.
EV charging stations in Chicago inโฆ. wait for it: 1916 ๐
we've wasted 100 years burning fossil fuels ๐
@elonmusk
(found on reddit user jjlew80)
had a chat with a logistics executive of a mid-sized german logistics company yesterday.
โso when are you getting the Tesla Semi?โ
โif the cost per km is confirmed, we want it yesterdayโ
@freshjiva
$TSLA
this epic rant by reddit user ComprehensiveYam is a great read.
unions, Tesla workers, politicians, legacy OEMs, network effects & more - $TSLA in a nutshell.
VW built around 100 electric T2 transporter prototypes in 1972. Range around 75 km and a swappable battery.
They were being tested in actual use until 1978.
We knew.
And we blew it.
"If Tesla really delivers on its promise, we will of course buy two trucks - one to take apart and one to test, because if it does come to pass, then something has passed us by.โ
- Daimler Trucks CEO Martin Daum on Tesla Semi in 2018
getting picked up in a Macan is kinda traumatizing for the UX nerd that I am.
these buttons are going to haunt me in my nightmares. this thing feels like a goddamn dinosaur ๐คฏ
after a day storming the ๐ฉ๐ช Autobahn, my nagging suspicion was reconfirmed:
Tesla Model 3 absolutely crushes it. Itโs a seminal car in every respect
@elonmusk
My brother picked up his Tesla Model S Plaid in Bielefeld ๐ฉ๐ช today.
Itโs a happy day and he utterly loves the brilliant car, but
@Tesla
really need to up their quality control game.
Misaligned trunk, crooked interior panels, scratches on the paint, sloppy seals, etc.
VW boss Mรผller on in-house battery production in 2016:
โWe certainly wonโt be doing such nonsenseโ
Ditto for Mercedes โคต๏ธ๐งต
๐ฉ๐ช carmakers were hampered by colossal strategic blunders at a time when it mattered most.
These CEOS have blood on their hands
why can Tesla crank out millions of cars with a heat pump,
while legacy auto removes them (Audi, VW, BMW) due to the โchip shortageโ, or doesnโt include them by default (Mercedes)?
An EV without a heat pump is handicapped.
a Porsche salesman:
โonce our customers have driven an electric Porsche, they are not ordering an ICE next time they come to the showroom. Theyโre buying โก๏ธ again.โ
Porsche was bold in going electric, and itโs paying off. Macan EV will sell like mad.
you canโt make this up:
Toyotaโs ๐น๐ถ๐พ๐๐ฒ๐ณ๐ถ๐ฒ๐ฑ ๐ต๐๐ฑ๐ฟ๐ผ๐ด๐ฒ๐ป โ๐ฐ๐ฎ๐ฟ๐ฏ๐ผ๐ป-๐ป๐ฒ๐๐๐ฟ๐ฎ๐นโ ๐ฐ๐ผ๐บ๐ฏ๐๐๐๐ถ๐ผ๐ป ๐ฒ๐ป๐ด๐ถ๐ป๐ฒ Corolla racer won't be racing this weekend.
Why, you may ask?
A fire caused by a hydrogen leak & the thing went up in flames.
Tesla, you get so many things right,
but why, why do these small things seem unfixable?
Iโm aware it doesnโt rain much in California, but cโmonโฆ
& thanks for the goldfish
@Tesla
@elonmusk
Jason Cammisa on Cybertruck, and what's underneath:
"The Taycan should go home. They should be humiliated!
I'm sorry, Mercedes, that, like, if I look at what Mercedes has done to their company that we love so much, with the EQS. And the EQE.
One of the worst consumer products
VW salesman in Germany to a friend yesterday:
โTesla wonโt make it much longer, theyโll be bankrupt soon. And Rocket Man bad. Iโd never buy a Teslaโ
anecdotal, of course, but denial is a powerful thing.
not Tesla is using huge amounts of water in Brandenburg, butโฆ wait for it: a brown coal company.
By a factor of 70, no less.
Second place goes to an oil refinery ๐คทโโ๏ธ
you canโt make this up:
insurer
@AXA
tries demonstrating the ๐ฅ dangers of EVs.
a Tesla Model S goes up in flames - but the battery had been removed beforehand.
how did it burn then? ๐ค
why, the car was set ablaze by pyrotechnics, of course ๐งจ๐คทโโ๏ธ
๐งต
Mercedes EQE, according to AutoCar:
cramped interior, slowest charging, worst efficiency, most expensive, no frunk -
but according to some random metric, the best car of the three ๐คทโโ๏ธ
a D.C. lobbyist, a longtime detractor of SpaceX, says โItโs like you keep saying โhe canโt do itโ but it keeps working. It keeps working. I think people are scared. Heโs starting to make people who were never believers think he might.โ
ditto for FSD
Mercedes interior quality isnโt all that ๐ซฃ๐
โthe best or nothingโ should be more than a bold claim, or else itโs just hollow marketing
(rental C200d footage from a friend)
Hot take:
Hydrogen will never be a viable option in transportation.
Not in trucks.
Not in airplanes.
Not in trains.
Not in ships.
Not in cars.
#Hydrogen
is useful - only not in transportation.
Germany is suffering from a bad case of cognitive dissonance with its car industry.
A cover article in Der Spiegel describes some of the misery.
Clinging to the old ways would be economic suicide. But the temptation is great to delay the death of the lucrative combustion engine
the guy who claimed
@Daimler
would show Tesla, Apple and Google 'how software is done', is leaving the company.
Trouble in paradise?
Just another sign legacy auto just canโt get a grip on software and OS.
@WholeMarsBlog
@jpr007
these are the AC chargers hidden in London streetlights that King Charles mentioned.
London has figured stuff out ๐
the irony is that some of them are made by Siemens ๐ฉ๐ช
After all the noise about e-fuels, here's someone who explains to the Germans, in their own language, where the business opportunities really are.
#EV
#charging
Tesla is building a multi-million Tesla Center in Dรผsseldorf ๐ฉ๐ช.
Itโs Teslaโs first to-spec center in Germany, and will be used for sales, deliveries, and service repairs.
This is to appeal to a wider audience than the initial pioneers. Good move!
"The newly appointed CEO of Audi, Gernot Dรถllner, has now announced that he is withdrawing from an ambitious launch of future electric vehicles in response to the "slowdown" in demand for electric vehicles."
The beginning of the end๐
โDer neu ernannte CEO von Audi, Gernot Dรถllner, teilte nun mit, sich von einer ehrgeizigen Einfรผhrung kรผnftiger Elektrofahrzeuge zurรผckzuziehen, um auf die โVerlangsamungโ der Nachfrage bei Elektrofahrzeugen zu reagieren.โ
Der Anfang vom Ende๐
you canโt make this up:
German minister of education & science Karliczek presents a modified Tesla Model Y running on methanol that has been "recycled" by the steel industry
#HyperHybrid
This is crazy on so many levels ๐คฏ
@elonmusk
do something! ๐๐ณ
Bundesministerin Anja Karliczek hat heute in Berlin den Prototypen eines Autos ๐ vorgestellt, das mit dem synthetischen Kraftstoff Methanol angetrieben werden kann. Dafรผr wurden, so
#Karliczek
CO2-Abgase aus der Stahlindustrie zu Kraftstoffen โrecyceltโ.
Legacy auto canโt make speedometers that update faster than every 0.5 seconds and itโs driving me nuts.
Even Porsche Taycan canโt.
Video: BMW i4 M50.
Also, letโs not get into the design choices here ๐ฃ
Sunday Times absolutely tearing the VW ID.5 to shreds ๐ฌ
some quotes:
The German manufacturer used to make great cars. How has it come up with something so ugly and impractical?
notice to the weary $TSLA investor:
if youโre worried about Teslaโs compressing margins,
have a look at the competitionโs (mostly negative) EV margins ๐ณ
things will be fine, just be patient.
โThe core problem is that German automakers are simply not producing compelling electric cars - they are either too expensive, not technologically competitive, or both.โ
scathing ๐ฏ opinion on the ๐ฉ๐ช auto industry by
@RTyborski
Audi has sold 8,900 EVs in China between Jan. and May 2023.
Tesla has sold more than 220,000 Model 3/Y in the same period in ๐จ๐ณ.
If Audi executives werenโt panicking earlier this year, they sure are now (which may explain the SAIC platform sourcing talks).
Remember how smoking was legal on โ๏ธ and trains?
It seems grotesque today ๐ฌ ๐
Driving a loud, polluting ICE car will seem equally absurd.
Just wait.
#FossilCarsDeathWatch
#EndOil
The Great e-Disillusionment
High costs, hardly any demand: The car industry fails to pivot. How BMW, Mercedes and VW are now fighting for their future.
summary of Handelsblatt cover story โคต๏ธ๐จ
The German auto industry faces a make-or-break moment in its transition to electric
โCrash in Chinaโ
cover article in business daily Handelsblatt describes the misery german manufacturers find themselves in.
summary:
Looking back, they were simple times when electric cars made in Germany were still really crappy. At least there was some explanation why nobody
Tesla is starting to seriously worry german electricity providers. Virtual power plants, batteries, Teslaโs technological lead and above all: Autobidder are grounds for concern in the eyes of the incumbents.
Cover story leading business daily in Handelsblatt today.
@jpr007
Throwback to VW CEO Mรผller in 2016:
โWe are certainly not going to do such nonsense like battery productionโ ๐ณ
VW has wasted precious time by having the wrong leadership.
Diessโs task to transform the company is monumental.
coming home for christmas, ๐
getting picked up in a brand new 2023 Porsche Macan
and the thing is *exactly* like the old one - save for the buttons that are now flush, shiny plastics.
it takes a solid 20 seconds for the menu to fully load (I need to time it tomorrow, maybe
I hate to say this but
@MercedesBenz
#MBUX
looks like itโs been designed by your grandfather on crack
Those icons look like straight out of a fever dream of bad taste I had in 2002.
Also, those responsible for screen layout need to be sent to a Gulag.
@WholeMarsBlog
Porscheโs updated Taycan is seeing some insane charging speeds - anecdotal, for now, but very impressive all the same.
From AutoCarโs prototype test drive:
โthe Taycan is guzzling electricity like a toddler does a Fruit Shoot: within 30 seconds, itโs already chugging along at
Europe's auto industry has shrunk significantly compared to pre-pandemic times.
Major brands like VW, Audi, BMW and Mercedes produced around 500,000 fewer cars in Europe from January-May 2023 vs the same period in 2019 - a nearly 20% decline.
๐งต 1/9
Die Autoproduktion in Europa erholt sich langsamer als erwartet. Von Januar bis Mai haben allein deutsche Hersteller verglichen mit 2019 eine halbe Million Fahrzeuge weniger gebaut.
โthe roof is on fireโ, says VW CEO Thomas Schรคfer in light of slack demand of its EVs.
Schรคfer called his speech the "final wake-up call" and implemented an immediate spending freeze, except for essential investments.
TESLA has ADHD: A rant โคต๏ธ
Exhibit A: Tesla bulls are in denial about the impact of removing USS sensors.
Customers want parking sensors that work, not empty promises of a coming "Vision Fix". Tesla cut costs by ditching ultrasonic sensors, but also reduced parking assistance