AD #2967 – Didi & BYD Unveil 1st Ride Hailing EV; Musk Claims Huge Range for Semi Truck; Tire Buying Tips
November 25th, 2020 at 11:59am
Listen to “AD #2967 – Didi and BYD Unveil 1st Ride Hailing EV; Musk Claims Huge Range for Semi Truck; Tire Buying Tips” on Spreaker.
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Runtime: 12:26
0:07 Didi & BYD Unveil 1st Purpose Built Ride Hailing EV
1:11 Tesla Issues Two Recalls
1:58 Musk Claims Huge Range for Semi Truck
2:22 EPA Rates VW ID.4 At 250 Miles of Range
3:01 Ford Bronco Sport Fuel Economy Revealed
4:06 Why Catalytic Converters Aren’t Pre-Heated
4:58 Will Some OEMs Become Suppliers?
7:07 Tire Buying Tips
9:00 Lexus LS & Mazda CX-9 Impressions
10:18 Ford of Europe Helps Businesses Save Cash
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This is Autoline Daily, the show dedicated to enthusiasts of the global automotive industry.
DIDI & BYD UNVEIL 1ST PURPOSE BUILT RIDE HAILING EV
As we’ve said before, automakers see a chance to make big money with mobility services. And now Chinese ride-hailing company Didi introduced what it says is the world’s first purpose built electric vehicle for ride hailing. Called the D1, it was co-developed with Chinese automaker BYD and is equipped with a Level 2 assisted driving system. Other safety features include, a driver monitoring system, a steering wheel with safety alerts, and an AI voice and video monitoring system that uses Didi’s facial and object detection technology. It has a range of 418 kilometers or 260 miles based on the NEDC test. It features sliding rear doors for easy access and more seating space than a conventional vehicle. Didi will launch the service in a pilot program in the city of Changsha next month before rolling it out to other cities in the country. It wants 1 million D1’s in operation by 2025.
TESLA ISSUES TWO RECALLS
Tesla has issued two safety recalls. The first involves more than 9,100 Model X crossovers from 2016. NHTSA says the roof trim may have been adhered without first using a primer, which may result in the trim being separated from the vehicle while being driven. Tesla will inspect the vehicles and perform a retention test. If the vehicle fails, the company will apply a primer to fix it. The other recall involves 400 Model Y vehicles built this year. NHTSA says the bolts connecting the front upper control arm and the steering knuckle may not have been tightened properly which could result in them detaching from each other.
MUSK CLAIMS HUGE RANGE FOR SEMI TRUCK
And in other Tesla news, its 4680 battery cells are not only going to help out its passenger vehicles but also its Semi. Elon Musk says the Class 8 truck will easily get 800 kilometers or nearly 500 miles of range and they see a path to 1,000 kilometers or 620 miles. Musk says the Semi will use its new structural battery design as well.
EPA RATES VW ID.4 AT 250 MILES OF RANGE
Speaking of EV range, the U.S. EPA says the Volkswagen ID.4 can go 250 miles on a single charge. It does that with a battery with 77-kWh of usable power. That seems a little low. The Tesla Model Y is rated at 326 miles with a 75-kWh battery and all-wheel drive. And the Ford Mustang Mach-E was just rated at up to 300 miles of range with a nearly 100-kWh pack. Volume sales of the ID.4, which starts just under 40-grand before incentives, kick off early next year.
FORD BRONCO SPORT FUEL ECONOMY REVEALED
And while we’re on the subject of efficiency, the Ford Bronco Sport with the entry-level 1.5L 3-cylinder engine is rated at 25 MPG combined. With the larger and more powerful 2.0L power plant that dips slightly to 23 MPG combined.
WHY CATALYTIC CONVERTERS AREN’T PRE-HEATED
Yesterday we told you how 80% of the emissions from a car come during the first 2 to 3 minutes after you start the engine. That’s how long it takes for the catalytic converter to heat up and start working properly. That prompted a number of you to post comments saying that the cat should be pre-heated. And you’re right, that is the solution. But keep in mind, you’re not the first to think of this. Many companies have tried and so far, nothing has caught on. None of them came up with a small, affordable system that will instantly generate 1,000 degrees Fahrenheit and last for 15 years. So if you think you have the solution, it’s time to build a prototype. If it works, you’ll have the global auto industry beating a path to your door. And then you can retire and buy your own island.
WILL SOME OEMs BECOME SUPPLIERS?
Should automakers buy EV components or make them in-house? Should they license their technology to other OEMs? And if they do, does this mean some automakers become suppliers? On Autoline After Hours, we asked Don Walker, the soon-to-be retired CEO of Magna, and here’s what he had to say.
“I don’t see the OEMs being effective suppliers. They may have good technologies and we’ve done partnerships with them as well but they really need to focus on making the product they want in a competitive way and having and attracting the right people. I think everybody has to do what they believe is the right thing because they have a lot of good employees and they want to look after the employees. If they’re too vertically integrated where they have defined benefit pension plans, they have all of these benefits, they’re not going to be able to succeed. It’s not going to be able to in my opinion unless you have products that have these huge margins. So I think the trend towards globalization will continue but it won’t be like the be all and end all. I think the trend towards continuing to go outside for suppliers to have the best product at the best price will continue. They will in-source some things especially if they’re trying to utilize the employees they have there. I think they do care about their employees but they may be running the attrition curve down, I can’t comment on it, they’re all going to have their own strategy but if they don’t go to where they get the best product at the lowest price with the best quality, they will not sustain their profit margins and they won’t sustain themselves long term. It’s a difficult question for everybody to wrestle with but as a supplier I think we’re going to continue to have more opportunity and the big suppliers will get bigger. We’ll have to have strong balance sheets, we’ll have to do deep R&D, be software companies as well as hardware. So I think there will be a lot of changes coming up but they don’t happen overnight.”
TIRE BUYING TIPS
Lots of people buy new tires this time of year. And one thing you’re likely to hear is, buy the best possible tire because it’s the only thing between your vehicle and the road. So, how do you do that? Here’s a few tips and tricks I think might help out. First, make sure you know the right tire size. What’s on the vehicle is not always what left the factory. You’ll find the right info on the B-pillar by the driver’s door. Next, it’s good to know the exact trim level of your vehicle and engine size. You’ll need that to start your search. Also have an idea of your budget. But after searching for a while many people will narrow their list only to get stuck between a few choices. If you find yourself here, it’s time to check the specs on the tires. Specifically, look at the tread depth and weight. Obviously, you probably want the most tread possible and you’d be surprised how much it can vary between brands. Weight information can be used several ways. A heavier tire might actually be better when it’s for a truck. It could indicate a more robust construction. Or if you’ve got a sporty car, you might want the tire that weighs less. Even the tire manufacturer sites have this information, but it can also be helpful to check out a site like Tire Rack because you can find customer reviews. And it’s possible to find someone with the same vehicle as you that has left a comment. That information can be very useful. And I hope you have found my tips useful too.
LEXUS LS & MAZDA CX-9 IMPRESSIONS
The latest test cars to come through the Autoline Garage include the updated 2021 Lexus LS and the Mazda CX-9. From the outside the easiest way you can spot the new LS is with its triple projector headlamps. Inside, you might notice a bigger, optional 12.3-inch touch screen. There are also some new switches located on the console so you don’t have to select everything through the screen, such as turning on the heated seats. You’ll also notice a digital rear view mirror. Lexus tuned the LS for a softer ride with lighter control arms, different spring and damping rates and different sway bars. It also revised the hybrid for better acceleration.
The 2021 Mazda CX-9 also gets a number of updates, starting with a standard 10.25-inch center screen. Owners are also offered a 3-year trial to monitor and control their car via a phone app, and a 3-month or 2 gigabyte trial of in-car Wi-Fi connectivity. There are several seat upgrades with new patterns. That’s not a lot of change for the 2021 model year, but the CX-9 is the flagship of Mazda’s lineup, so it was already very well equipped. And sales are solidly up this year.
FORD OF EUROPE HELPS BUSINESSES SAVE CASH
Ford of Europe says it’s unlocking more potential for its fleet customers with the launch of Marketplace services on the FordPass Pro app. Marketplace will give fleet owners, of up to five vehicles with connected technology, access to other 3rd party companies that have already signed up. There they’ll be able to take advantage of exclusive offers on fuel, road tolls or even credit card payments from customers. Ford estimates small businesses could save more than 500 euros per vehicle per year. While use of the app is free, users will still have to pay for connected services and a wi-fi hotspot when needed.
A programming note here. The Autoline crew will be taking a break for the next two days to celebrate the Thanksgiving holiday. For our American audience, we hope you get to celebrate Thanksgiving with your family even if it’s through a Zoom call. For those of you outside of the United States, we hope you and your families can find things to be thankful for, even though we’re living in the middle of a pandemic.
And before you go, we need your help. We’re starting to put a list together of all the publicly traded automotive companies in the world. OEMs, suppliers, retailers and startups. But we want to make sure we don’t miss any. So if you’ve got suggestions, give us the name of the company, its trading symbol and what stock exchange it’s on. You can leave them in the comments section or email them to viewermail@autoline.tv
And that officially wraps up the show, we’ll see you again on Monday.
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Comments (58)
November 25th, 2020 at 12:14 pm
The Tire Rack site is good, both for user reviews, and to find the “official” information, like traction and tread life ratings of almost every tire sold. Also, it is a good place to buy from, especially if you want to get tire/wheel packages, ready to bolt onto the car. Consumer Reports also has some good tire information, probably more useful for most people than Tire Rack’s consumer reviews, that tend to emphasize performance, more than quietness, ride, tread life, etc. that most people care about. Most of the CR site is pay, though.
November 25th, 2020 at 12:17 pm
Happy Thanksgiving, Autoline staff.
November 25th, 2020 at 12:52 pm
That Lexus still has a CD player? That really surprised me even as most luxury brands tend to offer the most options. They also like to appear as on the leading edge of technology and most other manufacturers have deleted the CD/DVD player.
November 25th, 2020 at 1:07 pm
What Musk claims and reality are often two different things. The question is, in which year is this suppose to happen? He likes to throw that kind of info so his cult fans will buy even more shares. That’s how he’s done it in the past and will continue, because of his success with his BS.
It just too bad he could not have been more honest, because I might have liked him, but I hate dishonest people.
November 25th, 2020 at 1:09 pm
3 My 2018 Camry has a CD player, but I don’t know if it works. I’ve never tried it. I suspect 2020 Camrys have CD players, being the same generation as mine, but not sure.
November 25th, 2020 at 1:15 pm
Sean, “toaster wire” was used reliably in hot wire Mass Air Flow sensors in the 80s and 90s. That was in clean (if damp) air though. The material used in diesel glow plugs should also be very reliable. ANY heating of the cat would help and this usage would be less than 2 minutes per start. Maybe external insulation of the cat would also reduce the heating requirements in a PHEV where the engine use would be intermittent.
November 25th, 2020 at 1:27 pm
Happy Thanksgiving to the Autoline team and commenters.
I’m thankful LD hasn’t torpedoed Joe…. yet.
November 25th, 2020 at 1:34 pm
The first set of EV replacement tires should be low rolling resistance to compensate for the initial battery degradation, ~3-5%. Sad to say, about 15 years ago tire rolling resistance received a lot of attention and then disappeared.
Today, Tire Rack has no rolling resistance metric. Consumer Reports claims rolling resistance data but not in engineering units. The tall, skinny tires on our BMW i3-REx gives it longer range on the previously expensive, 2014 generation batteries.
November 25th, 2020 at 1:38 pm
I’m glad that Mazda has finally changed that small screen with the weird displays that they clung to way too long. It was the worst interface I have seen of any manufacturer.
November 25th, 2020 at 1:39 pm
When Lexus originally debuted I aspired to one day own one. With the current grill designs I’d be embarrassed to be seen in one. U G L Y.
November 25th, 2020 at 1:46 pm
4 This BONEHEAD dinosaur flat earth society insufferable FOOL will NEVER Learn.
Remember a few days ago when I laughed at the PITIFUL 123 mile range of the TINY Ford Transit, and my comments were FOOLISHLY called “absurd” because allegedly the tiny Transit is a much bigger vehicle than the Model 3 or even the Model S?????
Remember, fools???
NOW the GIGANTIC Semi, which is 20 times heavier than the STUPID, tiny Transit, has 800 km, or 500 miles range. FOUR TIMES that of the STUPID Transit.
Who is ‘absurd’ now???
Anything the failed mediocrities at the onetime ‘big’ 3 CANNOT DO, TESLA CAN. Because Musk is not a dumb Joe Biden, who finished 78th out of 85 and then LIED on the record that he… finished at the “top half” of his LOUSY second rate U class!!!!! WHO would brag about being ‘above average”????? Only a TOTAL LOSER. Most people would not even brag about finishing SECOND, let alone in the middle of the pack.
UNbelievable.
PS Hold on to these ‘blueprints’ fool Joe!
BTW, I have not yet looked at the details, if any, but I would not call the range of 500 miles huge, except of course compared to that LOSER Ford Transit. A range of 800-1000 miles would be ideal for a semi, so it will not need to waste time to recharge except when the driver has done the allowed 900 or so miles and is resting for the day.
As for THanksgiving, try next year.
November 25th, 2020 at 1:47 pm
Kit, for you (and maybe others interested) C8 2020 production stats: link http://www.corvetteconti.com/blog/wp-content/uploads/2020my_corvette_finalyearend11172020.pdf
November 25th, 2020 at 1:56 pm
8 Yeah, all Tire Rack gives about low rolling resistance is “eco focus,” as claimed by the tire company. Consumer reports does actual testing of rolling resistance. They don’t give rolling resistance in actual units, but the information should be useful, up to a point.
A few months ago, I replaced the original Firestone LRR tires on my Camry hybrid with Continental TrueContact Tour that I selected based on a combination of what I could learn from Tire Rack and CR. Continental says the tires have “EcoPlus+Technology.” The mpg dropped about 5% from the OEM tires, but the steering and handling feel better with the new tires. Also, I changed from the original steel wheels, to aftermarket aluminum wheels 1/2 inch wider, which could have made a small difference.
It would be really great if someone did actual, well documented testing of rolling resistance of all tires on the market, but that’s probably not going to happen.
November 25th, 2020 at 1:57 pm
LD Unless a truck driver is averaging over 80 mph his driving range is less than 900 miles. Do your math before you spout off.
November 25th, 2020 at 2:03 pm
12 Thanks. That is interesting.
Do you know if some options were “forced” on dealers for early orders, or were most of the orders pre-sold, or what the dealers wanted as their early cars? If nothing was forced, the car I ordered is kind of an outlier, being a minimally equipped 1LT.
November 25th, 2020 at 2:08 pm
“Speaking of EV range, the U.S. EPA says the Volkswagen ID.4 can go 250 miles on a single charge. It does that with a battery with 77-kWh of usable power. That seems a little low. The Tesla Model Y is rated at 326 miles with a 75-kWh battery and all-wheel drive.”
AND the Model Y is MUCH bigger than the id4.
Not only that, the Tesla haters here, incorrigible as always, made a big deal because Tesla had a small delay in one of its products recently, but NOBODY complained when THIS SAME ID4 will arrive LATER than originally promised in the US Market.
TYPICAL. AND VW is a distant SECOND after Tesla, the others are far far lower down the totem pole, and some darlings of the pathological Tesla haters, like the CRIMINAL Trevor Milton of failed Nikola Motors will most likely end up in JAIL, where he belongs. THAT clown, NOT MUSK, was the SERIAL OVER-promiser and misleader. IF ANYTHING, as CORRECTLY Munro pointed out in yesterday;s link, Musk is careful to UNDER Promise and OVER deliver, as became very clear in recent months and years.
“Volume sales of the ID.4, which starts just under 40-grand before incentives, kick off early next year.”
It will fail, not because VW does not have enough dealers, (Tesla has even fewer), but because it is STILL far inferior and NOT cheaper than the GOLD STANDARD, the MASS MARKET MODEL 3.
Joe must be truly desolate, or he would, if he had a CLUE.
November 25th, 2020 at 2:11 pm
11 You still don’t have a clue as to what a Ford Transit is. The smallest version is 220 inches long, 81 inches wide, excluding mirrors, and 82 inches tall. Speaking of clueless fools, you qualify, big time.
The BEV Transit is for local delivery, or plumber/carpenter etc. use. They can easily put much larger batteries in them, which they will do, if/when businesses are ready to pay for more range.
November 25th, 2020 at 2:14 pm
https://www.autonews.com/china/tesla-discloses-plan-produce-ev-chargers-china?utm_source=daily&utm_medium=email&utm_campaign=20201125&utm_content=article8-headline
I can read the full article with no subscription needed.
Onwards and Upwards, and the haters stick your empty heads deeper into the sand and pretend whatever you like. moon made of blue cheese, blueprints, or whatever.
November 25th, 2020 at 2:15 pm
I have used Tire Rack for quite a while and I’m impressed. I went with a couple choices that I probably would not have made without checking their advice, and that would have been sad.
November 25th, 2020 at 2:20 pm
16 Well, the Model Y is a little bigger than the ID.4, 6 inches longer and 2 inches wider, but the same height.
I certainly agree that the range of the VW is disappointing, if the EPA rating indicates real world range with the same accuracy as the EPA number for the Model Y.
The base ID.4 will be ~$10K cheaper than a Model Y. That is cheaper, to most people. Then, the VW will be eligible for the $7500 tax credit. Yes, the Y is 4wd standard, while the base ID.4 is rwd, which would be just fine with me.
November 25th, 2020 at 2:24 pm
19 I’ve used Tire Rack twice, once for tires mounted on wheels, once for unmounted tires. The experience was excellent both times. A friend in Indiana has gone to their home location a couple times and had tires mounted there. I don’t know if it is still the case, but when Tire Rack started, they used one of the old Studebaker buildings in South Bend.
November 25th, 2020 at 2:26 pm
@11: A psychopath *) like you must seek help. The psychiatrist will find the right medication and the best dose for your case. Over time you may become capable of regaining control over yourself. Until that moment stay away from this “Forum for Enthusiasts of the Automotive Industry”, which is not the “Helpline for Psychopaths” or a political forum.
*) Psychopathy, sometimes considered synonymous with sociopathy, is traditionally a personality disorder characterized by persistent antisocial behavior, impaired empathy and remorse, and bold, disinhibited, and egotistical traits.
November 25th, 2020 at 2:28 pm
@16: A psychopath *) like you must seek help. The psychiatrist will find the right medication and the best dose for your case. Over time you may become capable of regaining control over yourself. Until that moment stay away from this “Forum for Enthusiasts of the Automotive Industry”, which is not the “Helpline for Psychopaths” or a political forum.
*) Psychopathy, sometimes considered synonymous with sociopathy, is traditionally a personality disorder characterized by persistent antisocial behavior, impaired empathy and remorse, and bold, disinhibited, and egotistical traits.
November 25th, 2020 at 2:57 pm
Well, my “thanks” lasted 19 minutes
It was a blissful 19 minutes
November 25th, 2020 at 3:11 pm
Anybody else notice how ugly today’s steel wheels are on lower trim level vehicles? I remember in the old days some vehicles having some really good looking steel rims, the Chevy Silverado pickup truck comes to mind. Just simple spokes painted silver but way more attractive than these plain steel rims with little circles cut out of them, all looking the same no matter what manufacturer they come from. Anybody know why they went away from the spokes or why we don’t see more attractive steel wheels these days?
November 25th, 2020 at 3:28 pm
23
Does he claim to be a teacher? If so, that’s hard to believe. He keeps misspelling simple words. Anyhow, it takes all kinds to make this world.
Have a nice Thanksgiving everyone.
November 25th, 2020 at 3:32 pm
4) I don’t doubt the claim from Tesla about the Semi. You could fill the entire trailer with batteries and have incredibly long range. Couldn’t haul a thing, but range would be amazing.
And that is where we are with the Tesla Semi announcement that offers zero detail. It is all conjecture. Payload is everything in trucking and payload is what will be sacrificed for range.
A GCVW of 80,000 pounds is what TESLA proudly proclaims at every moment they are asked. It is enough for the tesla faithful to be impressed because they don’t know anything and 80,000 pounds sounds like a big number. GCVW is with the weight of the truck and trailer though which TESLA will not disclose and has not yet disclosed to date. There are some clues though. TESLA says that they are probably going to lose 1 ton of total payload capacity due to the battery pack. 1 ton of payload is a lot to lose.
Their claim is that nobody uses that 1 ton and it is effectively taken up by space in boxes. That is why they claim that “Cargo capacity”; which is a value totally made up by TESLA; is not reduced because the same number of boxes can fit in the trailer. Just not the same weight of the boxes can be in the trailer. It is TESLA word smith-ing at its finest. Again, good enough for the tesla fans because they know nothing anyhow, but not good enough in the cold light of facts and figures that buyers of these vehicles care about. Those are the numbers that matter and TESLA is very careful to not disclose any of those hard facts and figures.
We will see if the commercial truck buyers think the same as TESLA though. Time always reveals the truth.
November 25th, 2020 at 3:44 pm
@26: yes, I have seen posts suggesting he taught at “the best U.S. universities”. I doubt it: 1 a good professor has a balanced personality to be able to teach students, interact with peers and with those who fund research; 2 is fact-based, not hyper-emotional; 3 has knowledge and understanding; 4 is an life-long student/has intellectual curiosity instead of a “know-it-all” attitude; 5 has social skills.
My best guess: instead of having taught at the best universities he is some failed middle school or high school teacher, if even that. A wannabe.
November 25th, 2020 at 3:44 pm
25 I think more attractive “styled” steel wheels have just been replaced by aluminum wheels. Even my ’89 Dodge Caravan came with fairly attractive silver painted steel wheels with trim rings and decorative center things. In the ’60s and ’70s, there were a lot of attractive steel wheels. Now, the only steel wheels used are on lowest trim level vehicles, and are usually black, with plastic wheel covers.
November 25th, 2020 at 6:03 pm
I don’t think I’ve seen an attractive steel rim since the early Camaro. VW’s beetle offered them with the old style chrome half moon that also looked good on the car. I’m sure they can make a steel wheel look good with most of these mono-styled cars and I wish they were still a standard. Al. rims look good, but don’t hold air pressure as well and do not take pot holes well, especially with low profiles.
November 25th, 2020 at 7:30 pm
Back in the day (my day) there was what was called “chrome reverse” wheels; these were the standard steel wheel (of the day) that got chromed and was quite regularly used to ‘hop-up’ your hotrod. That was when “mags” started making the scene but the chrome reverse were more affordable at least they were before ‘mags’ were transformed to aluminum and were more cost available and took over (for the most part).
November 25th, 2020 at 9:13 pm
31 I remember “chrome reverse” wheels. What was the “reverse” part? The ones I remember seemed to just be chromed OEM wheels.
November 25th, 2020 at 10:08 pm
Happy Thanksgiving all. Yes, even Larry.
November 25th, 2020 at 10:08 pm
Happy Thanksgiving all. Yes, even Larry.
November 26th, 2020 at 5:39 am
Chrome reverse; they would separate the center of the wheel (the hub part) reverse it in relation to the rim part, weld it back together (which would change the offset (making the stance wider), then for the chrome part (chrome the wheel) which was optional (some just repainted them). Found a YouTube link, if interested: https://m.roadkillcustoms.com/old-school-tech-how-to-reverse-steel-wheels/
November 26th, 2020 at 7:51 am
35 Interesting link. That looked like a lot of work. I suppose you could buy new “reverse” wheels of various sizes at one time. I searched around, and it looks like you can now, but they aren’t cheap, and I didn’t see any 14 inch like he wanted for his trailer.
November 26th, 2020 at 1:49 pm
Happy Thanksgiving! I will be happy to take ALL leftover deserts.
November 26th, 2020 at 3:25 pm
@ #11 Well no sh*t Sherlock. The semi can handle a battery that is likely 10 times of the Transit. We get it you love Tesla. You remind us every freaking day . Considering what both vehicles will be used for they will both fit the needs of their operators. 150 miles of range when you are likely traveling 1/2 that distance a day or a truck doing 300-400 MPD when the range is 600 is pretty much the same thing.Damn , get a grip already.
November 26th, 2020 at 4:01 pm
38 The electric Transit makes more sense to me, than an electric over-the-road semi. I mainly see Transits used for local delivery, cable company repair vans, etc., where they are used during the day, and could be charged overnight at the user’s home or business. It’s not quite that way with over-the-road trucks. Also, local delivery and similar use is where it is useful to “export” pollution from urban areas.
November 27th, 2020 at 1:56 pm
https://www.facebook.com/photo/?fbid=2854690174788637&set=gm.1508089189384933
Legendary onetime Fidelity Maggelan Manager Peter Lynch, wrote in his book “one up on wall street” that whenever you really like a particular product, you should check out the company and see if you can also buy some of its stock. His examples were hotel chains he liked etc. He is still alive today, probably. Too bad (for Magellan shareholders) he retired early.
No greater example of the wisdom of his advice exists than the one in the link:
If you bought a Tesla S in 2012, $77,000, you would enjoy 8 years of ABSOLUTE AUTOMOTIVE BLISS that the savage, cluleless horse and buggy crowd of haters here cannot even BEGIN to imagine. Still, the car would only be worth $32,000 today.
However, if you read Lynch’s book instead of watching idiotic F1 and, worse, NASCAR races going round and round for 3 hours, and FOLLOWED his advice,
ANd spent another $77,000 in Tesla stock, also in 2012,
the shares you bought would be worth close to $7,000,000 today. Not too shabby, although I thought they would be worth more.
But of course, a fool and his $ are soon parted (I call this the “separation theorem”), so I would not be surprised if the lucky dog with the $7 mill windfall invested it all in ‘undervalued’ GM shares, only to lose 100%, all 7 mill, if, like in 2008 for GM, these geniuses managed to go BANKRUPT AGAIN.
November 27th, 2020 at 1:58 pm
40 The exact number was closer to $6,220,000. So sue me, nitpicking haters.
November 27th, 2020 at 8:42 pm
Well managed funds will sell their overvalued Tesla stock when the time is right, as they did with Enron and “old” GM. No, I’m not predicting that Tesla will go belly up, but it’s likely that, at some point, their stock price will be more in line with other car companies’ stock.
November 28th, 2020 at 3:51 am
42 Those who gaze in crystal balls eat broken glass. Same time last year everybody and you believed Tesla shares were ‘overvalued’, EVEN tho they were a tiny fraction of what they are today. So all of you were 100% WRONG. I WISELY neither predicted what it would be NOR did I buy it or short it. My Tesla is the Fidelity Select Biotech Fund, the gift that keeps on giving, which is having an amazing year due to the CV. By using a fund I get rid of one of the two kinds of risks too.
If I had to bet, if anything, when the stock enters the S&P 500, the trading will be HUGE and the price HAS to go higher, since the INDEX Fund managers are OBLIGATED to buy $50 billion of Tesla stock, AND I bet they will NOT borrow $ to do this, but will SELL other S&P stock.
So if you look for overvalued stocks for the next few months, look at the OTHER S&P stocks.
November 28th, 2020 at 3:57 am
42 Since we talk about the Automotive sector, why pick ENRON and not GENERAL MOTORS, which went bankrupt and shareholders lost EVERYTHING? WHy bother going to an industry people here know much less about, and in which Tesla does not invest?
PS Being a cheapskate looking for bargains in the stock market will end up with a ton of losers that usually go bankrupt, while avoiding overvalued stocks you miss ALL the GREAT high tech companies, Apple, Microsoft, Amazon. When people here say something is over or under valued, they have really no idea what they are talking about.
November 28th, 2020 at 7:28 am
43 Re. Tesla, I’m not talking about the stock coming “down to earth” in the next few months, but over the next few years. If that does not happen, it will be because of the non-automotive part of the company, not because a small car company is “worth” more than the Toyotas and VWs of the world.
44 If you’d actually read #42, I mentioned both Enron and GM. I doubt if Fidelity Magellan, or any other managed fund held either when they went to zero, but a lot of funds would have held them at one time.
November 28th, 2020 at 5:24 pm
There isn’t a single person on Wall Street who doesn’t state that Tesla IS over valued.
This doesn’t mean it’s stock will plummet anytime soon, but will continue to gain value for awhile despite the considerable risks.
There are two types of investors to consider; Those who see Tesla as a car company and the other as a tech giant in the car biz.
The growing demand of EV’s feed the one investor and the other looks at the long term growth of the whole.
When the demand starts to decline, for the ever growing of reasons, like more competition, the stock price will find its equalibrium. Wall Street believes the biggest risk to Tesla is its auto company because of the way it does business and for all the obvious troubles most are aware of. Profitability for one.
November 28th, 2020 at 5:26 pm
correction: Wall Street does state Tesla is vastly over valued. ( for first sentence above)
November 30th, 2020 at 3:56 am
This is why, as a matter of principle, I will never subscribe to that weekly rag, “Automotive News”, and I am close to unsubscribing from their free emails too.
WHo do you think the brownnoses at AN picked for their.. “man of the year” (automotive, I guess)?
There was only ONE serious and obvious choice. You all know what it is, and he deserved it for 3 years in a row now.
But Noooooo! The brownnoses picked DISASTROUS idiot Bill FOrd, the idiot who hired HACKETT who RUINED Ford, and the one who picked the fired FIELDS before him. What a record.
Let’s see if TIME picks the above slighted Mover and Shaker as ITS “Person of the Year”. I doubt it, as their taste in picking has been atrocious over the years.
November 30th, 2020 at 8:55 am
For the GM hater of the group that likes to keep his head buried in the sand and only praise the current news maker Tesla. There is a car company that’s been around for over 100 years. Built 25 million by 1940. This company also was the first company to exceed 1 Billion is sales in a single year and did it in 1955. Not only that they captured over 50% of US automotive market. This company also dabbled in Space vehicles like Tesla. They built the Lunar Rover for Apollo 15 back in 1971.
So although Tesla is making its own mark into the automotive history books today, its pretty easy to see how a clear leader in the industry can easily fall or become less dominate. So when Tesla has been around 100 years or commands 50% of all US sales (not just EVs) then your undying love can be justified.
November 30th, 2020 at 8:58 am
49 BTW GM was the first company to exceed 1 B in sales in a year and that’s not just automotive and not just the US.
November 30th, 2020 at 9:49 am
45
I agree, the Tesla stock will not plummet anytime soon, but in a few years, it could easily plummet. Many factors comes into play which could make the Tesla plummet. With Tesla time is of essence.
We know that Tesla makes only 4 models of vehicles and they does not have the infrastructures to build many more models…that’s why they are building cars in tents. I know they are working on some of these deficiencies, but like I said, time is of essence. GM on the other hand will be building 30 EV’s by the year end of 2025, and other big auto companies will be doing the same. Tesla says they will have a much better battery which remains to be seen. We all know Tesla likes to over-promise and at same time, manipulate the stock market. They are really behind with powertrains like GM has with the ‘Ultium Drive’ family of electric motors? GM will also use the Ultium Drive family of electric to retrofit old vehicles like the do with crate engines. Another issue that will work against Tesla is poor past quality. Customers will stick with companies who were not given free passes over and over. If a rear bumper fell of from any other auto companies car like Tesla has, the whole world would know about it.
I know Larry D will have a fit when he sees my comment and that is why i’m showing all these links. Have a nice day Larry D.
https://www.youtube.com/results?search_query=tesla+cult+munro
https://www.google.com/search?client=firefox-b-1-d&q=how+many+models+of+cars+does+tesla+make%3
https://electrek.co/2020/08/06/tesla-production-increase-fremont-factory-new-parallel-line- under-tent
https://www.caranddriver.com/news/a34730248/gm-accelerates-electrification-plans/
https://www.caranddriver.com/news/a31226611/gm-ultium-electric-vehicle-battery-revealed/
https://www.theverge.com/2020/9/16/21439374/gm-unveils-ultium-drive-family-of-electric-motors
https://www.google.com/search?q=tesla+poor+quality+pictures&client=firefox-b-1-d&sxsrf=ALeKk02ooTid9zL0zIEUaCMJyAvKlFMKjQ:1606689596009&source=lnms&tbm=isch&sa=X&ved=2ahUKEwjHp4mV6ajtAhV3RjABHVH6BCcQ_AUoAnoECA0QBA&biw=960&bih=415
I agree, the Tesla stock will not plummet anytime soon, but in a few years, it could easily plummet. Many factors comes into play which could make the Tesla plummet. With Tesla time is of essence.
We know that Tesla makes only 4 models of vehicles and they does not have the infrastructures to build many more models…that’s why they are building cars in tents. I know they are working on some of these deficientcies, but like I said, time is of essence. GM on the other hand will be building 30 EV’s by the year end of 2025, and other big auto companies will be doing the same. Tesla says they will have a much better battery which remains to be seen. We all know Tesla likes to overpromise and at same time, manipulate the stock market. They are really behind with powertrains like GM has with the ‘Ultium Drive’ family of electric motors? GM will also use the Ultium Drive family of electric to retrofit old vehicles like the do with crate engines. Another issue that will work against Tesla is poor past quality. Customers will stick with companies who were not given free passes over and over. If a rear bumper fell of from any other auto companies car like Tesla has, the whole world would know about it.
I know Larry D will have a fit when he sees my comment and that is why i’m showing all these links. Have a nice day Larry D.
https://www.youtube.com/results?search_query=tesla+cult+munro
https://www.google.com/search?client=firefox-b-1-d&q=how+many+models+of+cars+does+tesla+make%3
https://electrek.co/2020/08/06/tesla-production-increase-fremont-factory-new-parallel-line- under-tent
https://www.caranddriver.com/news/a34730248/gm-accelerates-electrification-plans/
https://www.caranddriver.com/news/a31226611/gm-ultium-electric-vehicle-battery-revealed/
https://www.theverge.com/2020/9/16/21439374/gm-unveils-ultium-drive-family-of-electric-motors
https://www.google.com/search?q=tesla+poor+quality+pictures&client=firefox-b-1-d&sxsrf=ALeKk02ooTid9zL0zIEU
November 30th, 2020 at 9:59 am
https://www.autonews.com/automakers-suppliers/gm-drops-plans-build-nikolas-ev-pickup?utm_source=breaking-news&utm_medium=email&utm_campaign=20201130&utm_content=hero-headline
Go to the archives of ALD and see the PITIFUL Tesla haters be totally wrong YET AGAIN, and me being 100% RIGHT for the Nth time (I have lost count).
The rabid haters were cheerleading the Criminals at “Nikola” motors as their “Great White Hope” to finally find a worthy rival to DOminant Tesla. (75% BEV market share in the US alone)
Today GM FInally admits they did not know what the hell they are doing. I am glad they are cutting their losses and ABANDONING their alleged electric pickup (which may have looked good in the artist’s renditions that could not move, but was a STUPID idea, in an already congested field of electric pickups few will buy)
THe retired GM exec GIrsky or something, the senile fraud who claimed they had an “ARMY” of people check out Nikola and found nothing wrong with it, is largely responsible for this DEBACLE. But I bet he will go on scot-free.
More egg on clueless Mary Barra’s face, too, she publicly defenfed the criminals at Nikola.
Now you know what a REALLY “overvalued” stosk is. Maybe you do.
November 30th, 2020 at 10:07 am
51 “…Under the new agreement, GM will not take an equity stake in Nikola as originally planned.(note: makes sense, worthless stock)
GM will supply its fuel-cell system for Nikola’s Class 7 and Class 8 commercial semi-trucks, Nikola said.
(note: the criminals at Nikola have NO Proprietary technology of their OWN of ANY kind. No wonder the crooks are stealing GM’s)
The companies are also discussing Nikola’s potential use of GM’s Ultium electric battery system in its commercial trailers.”
(more of the same theft from those who posess NO tech of their own of ANY kind!)
ANd now for the inevitable conclusion:
“Nikola’s shares fell (ANOTHER) 15 percent in pre-market trading as of 8:37 a.m. ET.
Gee! THey have fallen so much, they must be “undervalued”! Like GM’s shares before it went BANKRUPT, right, geniuses?
Now once more, with feeling:
Amazon: NOT Overvalued
Microsoft: NOT Overvalued
Apple: NOT Overvalued (as long as you willingly pay 10 times for their products than for equivalent PCs and Korean phones)
Tesla: WAY Undervalued!
Nikola: WAY Overvalued
GM in 2008 before it went BANKRUPT: HUGELY Overvalued.
ANy questions, class?
November 30th, 2020 at 10:41 am
45
I agree, the Tesla stock will not plummet anytime soon, but in a few years, it could easily plummet. Many factors comes into play which could make the Tesla plummet. With Tesla time is of essence.
We know that Tesla makes only 4 models of vehicles and they does not have the infrastructures to build many more models…that’s why they are building cars in tents. I know they are working on some of these deficientcies, but like I said, time is of essence. GM on the other hand will be building 30 EV’s by the year end of 2025, and other big auto companies will be doing the same. Tesla says they will have a much better battery which remains to be seen. We all know Tesla likes to overpromise and at same time, manipulate the stock market. They are really behind with powertrains like GM has with the ‘Ultium Drive’ family of electric motors? GM will also use the Ultium Drive family of electric to retrofit old vehicles like the do with crate engines. Another issue that will work against Tesla is poor past quality. Customers will stick with companies who are not given free passes over and over again. If a rear bumper fell off, like it has with Tesla, from any another auto company, the whole world would know about it.
I know Larry D will have a fit when he sees my comment and that is why I’m showing all these links. Have a nice day Larry D.
https://www.youtube.com/results?search_query=tesla+cult+munro
https://www.google.com/search?client=firefox-b-1-d&q=how+many+models+of+cars+does+tesla+make%3
https://electrek.co/2020/08/06/tesla-production-increase-fremont-factory-new-parallel-line- under-tent
https://www.caranddriver.com/news/a34730248/gm-accelerates-electrification-plans/
https://www.caranddriver.com/news/a31226611/gm-ultium-electric-vehicle-battery-revealed/
https://www.theverge.com/2020/9/16/21439374/gm-unveils-ultium-drive-family-of-electric-motors
https://www.google.com/search?q=tesla+poor+quality+pictures&client=firefox-b-1-d&sxsrf=ALeKk02ooTid9zL0zIEUaCMJyAvKlFMKjQ:1606689596009&source=lnms&tbm=isch&sa=X&ved=2ahUKEwjHp4mV6ajtAhV3RjABHVH6BCcQ_AUoAnoECA0QBA&biw=960&bih=415
November 30th, 2020 at 10:43 am
Once more Larry:
This isn’t the stock report site you may think your on.
This isn’t the political view point site you may also think your on.
This also isn’t the Tesla fan page.
So not sure what 3rd grade class you teach but no one here needs your instruction. you’re dismissed.
November 30th, 2020 at 10:44 am
Apple has had their near-death experiences. Their stock may not be overvalued right now, but that could change. The same applies to Tesla, and every other company.
As far as Apple products being overpriced, yeah, Macs are pricey compared to equivalent Windows computers, but iPhones are priced similarly to the “flagship” phones from Samsung, etc. I, personally, like android better.
November 30th, 2020 at 10:51 am
Speaking of phones and cars, Blackberry was the hot item in smart phones a few years ago, like Tesla is now the hot item in electric cars. Things can change.
November 30th, 2020 at 10:54 am
45
I agree, the Tesla stock will not plummet anytime soon, but in a few years, it could easily plummet. Many factors comes into play which could make the Tesla plummet. With Tesla time is of essence.
We know that Tesla makes only 4 models of vehicles and they does not have the infrastructures to build many more models…that’s why they are building cars in tents. I know they are working on some of these deficiencies, but I believe time is of essence. GM on the other hand will be building 30 EV’s by the year end of 2025, and other big auto companies will be doing the same. Tesla says they will have a much better battery which remains to be seen. We all know Tesla likes to over-promise and at same time, manipulate the stock market. They are really behind with powertrains like GM has with the ‘Ultium Drive’ family of electric motors? GM will also use the Ultium Drive family of electric to retrofit old vehicles like the do with crate engines. Another issue that will work against Tesla is poor past quality. Customers will stick with companies who are not given free passes over and over again. If a rear bumper fell off, like it has with Tesla, from any another auto company, the whole world would know about it.
I know Larry D will have a fit when he sees my comment and that is why I’m showing all these links. Have a nice day Larry D.
https://www.youtube.com/results?search_query=tesla+cult+munro
https://www.google.com/search?client=firefox-b-1-d&q=how+many+models+of+cars+does+tesla+make%3
https://electrek.co/2020/08/06/tesla-production-increase-fremont-factory-new-parallel-line- under-tent
https://www.caranddriver.com/news/a34730248/gm-accelerates-electrification-plans/
https://www.caranddriver.com/news/a31226611/gm-ultium-electric-vehicle-battery-revealed/
https://www.theverge.com/2020/9/16/21439374/gm-unveils-ultium-drive-family-of-electric-motors
https://www.google.com/search?q=tesla+poor+quality+pictures&client=firefox-b-1-d&sxsrf=ALeKk02ooTid9zL0zIEUaCMJyAvKlFMKjQ:1606689596009&source=lnms&tbm=isch&sa=X&ved=2ahUKEwjHp4mV6ajtAhV3RjABHVH6BCcQ_AUoAnoECA0QBA&biw=960&bih=415