[HN Gopher] Tesla Q2 2024 Update [pdf]
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Tesla Q2 2024 Update [pdf]
Author : mfiguiere
Score : 18 points
Date : 2024-07-23 20:10 UTC (2 hours ago)
(HTM) web link (digitalassets.tesla.com)
(TXT) w3m dump (digitalassets.tesla.com)
| andoma wrote:
| 404 for me?
| jjbinx007 wrote:
| Working okay for me
|
| (Firefox for Windows if that matters)
| artemonster wrote:
| "FSD is just around the corner, guys. each tesla converted to
| robotaxi will make you 42069% returns a month, buy stonks!!" - a
| prayer from a typical elmo fan. I wonder when this clownfest
| finally implodes
| chroma wrote:
| I bought a Model 3 back in 2020 and got the self-driving option
| mostly on a whim. Until recently, it was a handy feature on
| freeways but a gimmick on surface streets. Ever since the
| update a couple months ago, it actually does drive itself. I
| can't remember the last time I intervened. If I did, it was
| probably to make the car do something dangerous or technically
| in violation of traffic laws, as you have to be aggressive
| sometimes in city driving.
|
| You also have people like John Carmack saying, "I have made
| multiple two hour drives without touching the wheel." His main
| complaint is that the car makes him touch the steering wheel if
| he's wearing sunglasses (because it can't track his eyes to
| determine whether he's paying attention).
|
| I don't think owners will rent out their cars as taxis any time
| soon, but the technology really does seem to be there.
|
| 1. https://twitter.com/ID_AA_Carmack/status/1814687334366912530
| llamaimperative wrote:
| The technology really _isn 't_ there. Individuals' subjective
| experience of safety is totally irrelevant when you're
| talking about a system as huge as "automobile travel."
|
| Even 99.999% reliable miles is still dangerous at 3.2
| trillion miles per year
| moralestapia wrote:
| Even if that was true ...,
|
| What's the issue with people buying the stocks they like?
|
| (as long as it's not $GME of course, we wouldn't want to push
| hedge funds to illegally manipulate the market to stay afloat
| :P)
| loufe wrote:
| I think it's pretty bizarre to see a financial document that
| reads more as an advertisement for the business as a consumer
| wanting to buy their product rather than actual financial
| performance details.
|
| Also I am so certain the humanoid robot is not very productive
| and someone in management pushed hard to get it on the line and
| photographed just before the Q2 report deadline, what a joke.
| FireBeyond wrote:
| "We don't talk about the Tesla Semi".
|
| > Preparation of Semi factory continues and is on track to begin
| production by end of 2025.
|
| Okay. That's why you've delivered 36 of the 100 units that were
| scheduled for seven years ago (2017), and none since then, which
| is why PepsiCo, Sysco, UPS and Walmart have all since terminated
| their agreements.
|
| But it's "on track". Sure.
|
| Last time Musk tried to throw out an excuse for this, it wasn't
| production capacity, it was "battery availability". Meanwhile:
|
| > In Q2, we produced over 50% more 4680 cells than in Q1 and
| continued to see cost improvements.
|
| > Both Megapack and Powerwall achieved record deployment in Q2,
| resulting in 9.4 GWh of total storage deployments. Overall, the
| Energy business achieved record revenues and gross profit in Q2.
|
| "We're breaking so many records in battery availability and
| production capacity, you guys! We just haven't been able to make
| any for the Semi in seven years."
| ilrwbwrkhv wrote:
| I think the 7% yoy decline of sales has the reasoning as "due to
| pricing, attractive financing options and mix" but I think it is
| a bit dishonest if Elon's political shift to the right,
| alienating the left who think climate change is a problem and
| catering to the guy who says electric cars can go to hell and
| "drill baby drill" isn't part of the narrative.
| givemeethekeys wrote:
| This would be true if EV sales in general were up, or if
| competitor's EV sales were up (or, uhh.. less down than Tesla).
|
| Tesla seems to be doing better than the rest.
| legitster wrote:
| > In 2024, our vehicle volume growth rate may be notably lower
| than the growth rate achieved in 2023, as our teams work on the
| launch of the next generation vehicle and other products. In
| 2024, the growth rates of energy storage deployments and revenue
| in our Energy Generation and Storage business should outpace the
| Automotive business.
|
| Pretty bleak YoY numbers for car sales. They are pretty open
| about pivoting away from cars at least.
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(page generated 2024-07-23 23:03 UTC)