Babagounj
Strength through joy
National Grid pushes back on all-electric NY. It has another idea for heating your home
The utility proposes an alternative to the state Climate Action Council plan.
Only 5% of next car purchasers expect to buy all electric cars-Road and Track.
- Thread starter quad decade guy
- Start date
wilberforce15
Well-Known Member
Tesla (TSLA) Q1 2022 earnings results: Another beat with 19% operating profit and margin
Tesla’s (NASDAQ:TSLA) first-quarter 2022 earnings saw the company post a challenging yet impressive quarter. The results, which were discussed in the Q1 2022 Update Letter, were released after the closing bell on Wednesday, April 20, 2022. Tesla was impressive in the first quarter, with the...
www.teslarati.com
Margins unheard of in the automotive industry, on sales growth not seen since the Model T, and that's before the two most advanced auto factories in the world come online this year.
The rest of the world should give up.
For a decade, people said the competition is coming for Tesla. It's not coming. There is no competition. The factories are their product. Many can make an EV. Nobody can make them at scale except Tesla. The gap only gets wider every quarter.
Automotive gross margin is 32%.
Lololol
wilberforce15
Well-Known Member
Babagounj
Strength through joy
Report: New York City Residents Slow to Embrace Electric Vehicles
New York City residents have been reluctant to embrace electric vehicles as the city pursues a transition to "sustainable transportation."
www.breitbart.com
While the Big Apple aspires to overhaul the city fleet to consist of entirely electric vehicles by 2040 and install “6,000 publicly accessible fast chargers by 2030,” less than one percent of the 1.9 million registered passenger vehicles in the city are zero-emissions, the New York Times reported. Moreover, only “3.4 percent of all new passenger vehicle sales in New York City last year” were either plug-in hybrids or fully electric, according to the outlet.
Bob Leonard – the president and CEO of Earthgarage.com, described as “the place to learn about Electric Vehicles and how to save money” on its website – told WPIX that he does not own an electric vehicle due to charging station concerns.
“It’s a sad thing,” he told the outlet. “But it’s a concern for a lot of buyers.”
wilberforce15
Well-Known Member
So, NYC purchases more EVs than the nationwide average (3.4% of current sales vs. under 3% nationally).Report: New York City Residents Slow to Embrace Electric Vehicles
New York City residents have been reluctant to embrace electric vehicles as the city pursues a transition to "sustainable transportation."
While the Big Apple aspires to overhaul the city fleet to consist of entirely electric vehicles by 2040 and install “6,000 publicly accessible fast chargers by 2030,” less than one percent of the 1.9 million registered passenger vehicles in the city are zero-emissions, the New York Times reported. Moreover, only “3.4 percent of all new passenger vehicle sales in New York City last year” were either plug-in hybrids or fully electric, according to the outlet.
Bob Leonard – the president and CEO of Earthgarage.com, described as “the place to learn about Electric Vehicles and how to save money” on its website – told WPIX that he does not own an electric vehicle due to charging station concerns.
“It’s a sad thing,” he told the outlet. “But it’s a concern for a lot of buyers.”
Breitbart frames this as NYC not liking EVs.
They can count on their readers to be ignorant of the fact that their own numbers show NYC embracing EVs at about 25% faster clip than the rest of the country.
Yay "journalism."
And Honda has announced that it will pour 60 billion dollars into R&D to meets it's goal of having 30 different EV models on the market by 2030. The IC cars are expected to be around in limited numbers for a few years longer than projected but in time they'll simply be too expensive to make.Tesla (TSLA) Q1 2022 earnings results: Another beat with 19% operating profit and margin
Tesla’s (NASDAQ:TSLA) first-quarter 2022 earnings saw the company post a challenging yet impressive quarter. The results, which were discussed in the Q1 2022 Update Letter, were released after the closing bell on Wednesday, April 20, 2022. Tesla was impressive in the first quarter, with the...
Margins unheard of in the automotive industry, on sales growth not seen since the Model T, and that's before the two most advanced auto factories in the world come online this year.
The rest of the world should give up.
For a decade, people said the competition is coming for Tesla. It's not coming. There is no competition. The factories are their product. Many can make an EV. Nobody can make them at scale except Tesla. The gap only gets wider every quarter.
Automotive gross margin is 32%.
Lololol
wilberforce15
Well-Known Member
That's a whole lot better than nothing, but it's really quite silly from my point of view. 30 models is absurd. EV manufacturing is an entirely different game, and they and the whole industry would be better off if they made 4 or 5 models well and in big volume.
To clarify, the Biden administration wants a 50% reduction in carbon emissions by 2030. They are pushing car manufacturers to up the average mileage of their fleet by then.
wilberforce15
Well-Known Member
Nobody questioned that, so what do you think you are clarifying?
I said earlier that they're trying to make all cars electric by 2030. You said 50% of all new cars. Just to be clear they're trying to eliminate 50% of carbon emissions by 2030. Which is unlikely.
wilberforce15
Well-Known Member
You were the only confused one, so if you are talking to yourself please clarify that in the post.
That's a good point. GM's problems were attributed to have too many brands and too many models within that brand. Half dozen good models with a limited array of options would do the job. The days of the showy "hey ,look at me " vehicles are coming to an end. Coming back to the basic task of getting from one place to another.
electric cars dont make sense. gas cars dont make sense
solution is public transport
zubenelgenubi
I'm a star
Public transport was one of the environments where covid spread most easily. I thought you wanted to stop the irresponsible behavior that leads to pandemics.
UnionStrong
Sorry, but I don’t care anymore.
Not really
UnionStrong
Sorry, but I don’t care anymore.
Give up your car first.
UnionStrong
Sorry, but I don’t care anymore.
zubenelgenubi
I'm a star
Are you saying there are trade offs? Like to stop climate change we have to risk pandemics?
Last edited:
Similar threads
- Poll
