• 0 Posts
  • 931 Comments
Joined 2 years ago
cake
Cake day: August 24th, 2023

help-circle



  • Even at these lower prices, Tesla makes more money on their EVs than their competitors. That’s part of why the others haven’t been able to expand and compete as quickly. Expanding an expensive vehicle becomes a bigger liability as you have less pricing room. GM is only planning to have their first EV profitable year this year, and I’ll believe it when I see it.

    The Cybertruck is probably another story though, I don’t know if that’s profitable at the lower than expected sales rate.

    Edit: E.g the Bolt everyone loves from GM never made GM money. That’s why they didn’t sell more. They did learn from it though so it wasn’t a total loss for them.


  • The only people he’s going to have to upgrade are those who purchased it. In the past there’s been some small claims court cases where someone won about being upgraded for a subscription, but if that is truly a concern, Tesla could stop the subscriptions for a few years and let the cars age out. They have no obligations to offer a subscription, it wasn’t a thing when the original promise was made.

    Also, they only need to upgrade cars when it’d actually be capable. The promise is to upgrade cars to capable hardware, not upgrade cars with every hardware iteration, so as long as hw4 can’t actually do it, they’re likely in the clear as well.

    Given most people don’t think they can actually make fsd work, then they’re in the clear.

    If they somehow make it work, the upgrade cost is going to be peanuts compared to the insane amount of money they’d start printing.

    So it’s not much if a story.

    Edit: also worth mentioning, he’s been pretty clear over the years that FSD is going to cost a lot more money once it’s available for real. So if he does have to upgrade everyone who pays for it (lets assume they stop subscriptions to avoid that issue), even if that means upgrading all HW4 cars as well because it needs HW5, he can jack the price up more to help cover the upgrade cost. No one should be under the illusion that purchasing FSD will be cheaper than it is today if they succeed.














  • So there were some military contracts that were just awarded.

    54 missions total:

    SpaceX: 28 missions, $5.9 B = $210.7 M per launch

    ULA: 19 missions, $5.4 B = $284 M per launch

    BO: 7 missions, $2.4 B = $342.9 M per launch

    SpaceX did get the most money, but they were also the cheapest provider due to their reusable 1st stages.

    Just with those 9 extra launches over ULA SpaceX saves the US government and taxpayers 668 million dollars.

    If SpaceX didn’t exist, it would have been 8 2 billion more but actually worse since the other providers can’t supply that much and wouldn’t have had as much competitive incentive. Just look at BO the next one which was almost 60m more than ULA. It easily could have ballooned to 4b more adding a 3rd even more expensive option.

    Doesn’t seem so self dealing to me, they were able to bid lower and win more, and saved, (I’m assuming you given your rage upset) a shit load of money.

    This is what SpaceX has been doing for years, well before he got in bed with Trump.