The World According To Musk Q3 2022 HEAD TOPICS
The World According To Musk Q3 2022
10/22/2022 3:15:00 AM The World According To Musk Q3 2022
Source CleanTechnica
The World According To Musk Q3 2022 This article chronicles how Tesla, according to Musk, is adjusting to the global influences of inflation and supply chain stresses. Mass adoption of EVs:Musk envisions the next decade as having a major automotive shift from internal combustion engines to EVs. “The public at large realizes that the world’s moving towards electric vehicles, and it’s foolish to buy a new gasoline car at this point because the residual value of that gasoline car is going to be very low,” Musk said. “So, we’re in a very good spot.” Musk added, “I wouldn’t say it’s recession-proof but it’s recession-resilient, because basically the people of Earth have made the decision in large part to move away from gasoline cars.” Read more:
CleanTechnica » Elon Musk says Tesla can surpass combined value of Apple and Aramco Elon Musk says Tesla can surpass combined value of Apple and Aramco Elon Musk says Tesla can surpass combined value of Apple and Aramco Musk says Tesla delivered fewer cars in Q3 than it made due to infrastructure woes Dried Apple Hand Pies Recipe - Lisa Donovan
This Dried Apple Hand Pies recipe from Lisa Donovan gets its flavor from apple cider, dried apple slices, green cardamom, and lemon zest. Read more >> Elon Musk says Tesla can surpass combined value of Apple and AramcoElon Musk says Tesla can surpass the combined value of Apple and Saudi Aramco, the world's 2 most valuable companies It will. Apple is falling behind on real innovation 💡. Their products are all the same. They are good but not mind bending anymore. Tesla is building personal droids & the best cars with the best software. Yes, Musk is damn smart and talented! If the people of the United States invite him to become president, the United States will have a new heyday! Elon Musk says Tesla can surpass combined value of Apple and AramcoElon Musk says Tesla can surpass the combined value of Apple and Saudi Aramco, the world's 2 most valuable companies InsiderNews It might, but only if he shuts up about appeasing ruSSia. He's got no idea what damage he's doing. Pump and dump BITech 🙄😂 Elon Musk says Tesla can surpass combined value of Apple and AramcoMusk's claim comes after Tesla posted a bumper third-quarter profit. Tesla would have to grow by about six times to rival Apple and Aramco combined. lol Won’t happen by then and needs major improvements on build quality issues, battery longevity, vehicle pricing and maintenance of charging infrastructure. Plus stop hiding repair information. what I'm being put through is a crime itself Musk says Tesla delivered fewer cars in Q3 than it made due to infrastructure woesElon Musk said the shortage of carriers, trains, and boats has affected Tesla's ability to deliver vehicles to customers in the third quarter of 2022. Great man Elon Tesla Semi's 500-Mile Range Is Calculated With Cargo, Says MuskThe Tesla Semi aims to transition the trucking industry, but it has to have enough range and fast-charging capacity for it to make sense in many use cases. Game changer The world’s most credulous twitter account Are those boxes empty or contain cargo? Elon Musk Says Tesla Is Working On a Car 'Half the Cost' of a Model 3And it'll outsell every other Tesla model combined, he says. But anyone who's followed Tesla for long knows he doesn't always deliver promptly. Too bad chevrolet has dropped the ball multiple times with the Bolt. The M3 & MY are both ENTRY LEVEL cars and should be selling for 1/3 of their selling price! I sold my MY last year and moved on! A small 4 door hatchback would be perfect. package, is “a significant boost towards accelerating our mission,” Tesla CFO Zachary Kirkhorn confirmed to analysts during the call.Federal Reserve has been hiking interest rates aggressively.Federal Reserve has been hiking interest rates aggressively.Federal Reserve has been hiking interest rates aggressively. Mass adoption of EVs: Musk envisions the next decade as having a major automotive shift from internal combustion engines to EVs. “The public at large realizes that the world’s moving towards electric vehicles, and it’s foolish to buy a new gasoline car at this point because the residual value of that gasoline car is going to be very low,” Musk said. He said the same thing at an earnings call in 2017 — but, that was when Apple was worth about $772 billion, while Tesla's market cap was just about $51 billion. “So, we’re in a very good spot. "Well, now I may want to preface this by of course I could be completely delusional, but I think I see a clear path to that outcome," according to a Tesla's market cap crossed $1 trillion in October 2021.” Musk added, “I wouldn’t say it’s recession-proof but it’s recession-resilient, because basically the people of Earth have made the decision in large part to move away from gasoline cars. Tesla shares are down 6.” On the Federal Reserve: Musk has been critical of the Fed, which has been lifting its benchmark interest rate to try and tamp down soaring inflation.5% in premarket trading. He continued with that theme on Wednesday. Sign up for notifications from Insider! Stay up to date with what you want to know. Sign up for notifications from Insider! Stay up to date with what you want to know. “The Fed’s decisions make sense if you’re looking in the rear-view mirror, not if you’re looking out the windshield,” Musk critiqued. Tesla has been unwilling to slow the transition to sustainable energy, even given such constraints, and the company is working with existing suppliers to determine how to accelerate the production of raw materials as quickly as possible.2 billion. Recession abroad is possible: Decades high inflation, rising energy bills in Europe, and signs of a weakening China market have raised doubts among some analysts about whether Tesla can stymie an economic slowdown and continue to raise prices without hurting its sales. “China is experiencing a recession of sorts,” mostly in the property markets, Musk said, “and Europe has a recession of sorts driven by energy. ” The US, he noted, “is actually pretty healthy.” According to Musk, even though an , “We have no indication whatsoever that we will have to cut our production plans” at Giga Berlin. On Tesla stockholder angst over Musk’s Twitter acquisition : The roller coaster ride that has been Musk’s desire to buy, then back out of, acquiring Twitter has highly unsettled investors. Musk attempted to allay these concerns. He said he is “excited about the Twitter situation” and that the company has “sort of languished for a long time but has incredible potential. … The long-term potential for Twitter is an order of magnitude greater than its current value.” Wall Street’s most heavily traded stock, Tesla has tumbled over 17% since October 2, partially as the result of the Twitter sale uncertainty. Then again, the S&P 500 has recorded daily gains or losses of more than 2 percent 39 times so far in 2022, compared to 7 times last year and 44 times in all of 2020. On Tesla stock valuation: “I’m of the opinion that we can far exceed Apple’s current market cap,” Musk remarked. “In fact, I see a potential path for Tesla to be worth more than Apple and Saudi Aramco combined. That doesn’t mean it will happen or will be easy,” he admitted. According to Musk, this calculation completely excluded Optimus — the potential for Tesla to make money on AI-boosted robots . Tesla stock fell sharply to a 52 week low this week before trimming its losses on Thursday and coming in at $207.28 to start the day on Friday. The bigger picture looking ahead is that better vehicle and factory designs have smoothed company manufacturing concerns. The future is rosy: Tesla investors, on the whole, are more concerned about its long-term potential than short-term financial pressures. “Over a multi-year horizon, we expect to achieve 50% annual growth in vehicle deliveries,” Musk outlined. Tesla doesn’t disclose the split in sales between its Model 3 sedan and Model Y sport utility vehicle, but the Model Y continues to gain ground in popularity and sales, supporting Musk’s expectation for continued company growth. Moreover, the average US selling price of Tesla’s Model 3 has risen about .