Remove Affordable Remove Blog Remove Buy Remove Production
article thumbnail

LIVE BLOG: Tesla Q1 2024 earnings call

Teslarati

Musk noted that it’s not super important in the near term, though the company estimates 4680 production will exceed the capacity of suppliers by the end of the year. Tesla will aim to optimize its buying process for it would be possible to “buying a car in under a minute.” 17:01 CDT – Analyst questions begin.

Tesla 118
article thumbnail

Time To Buy? New Vehicle Inventories And Incentives Are Up

The Truth About Cars

Everything is relative in the world of car buying. market is sitting on 77 days of new product as of September 5th. This has left brands like Lexus, Toyota, Honda, and Subaru with far less product inventory than their rivals. car buyers are tightening their belts, with a growing focus on practicality and affordability.

Buy 66
article thumbnail

Study: People Want to Buy EVs but Costs Are Still Too High

The Truth About Cars

A recent study from KPMG found that most people are interested in buying an EV, but many cite affordability as a hurdle to ownership.& KPMG’s global automotive sector leader, Gary Silber, told Automotive News that “a lot of people are excited about the opportunity, but I don’t know how many people can afford it.”

Buy 98
article thumbnail

LIVE Blog: Tesla (TSLA) Q3 2021 earnings call summary

Teslarati

Giga Shanghai has settled into its role as the company’s export hub, Giga Texas is in the pre-production stage of the Model Y, and Giga Berlin is ready to hit the ground running. It’s tricky to really tell how ramping production will effect margins. Tesla Energy also continues to ramp.

Tesla 145
article thumbnail

‘Cybertruck could be as mainstream as the Tesla Model Y’: analyst predicts

Teslarati

In a recent blog entry, ARK Invest wrote about the Tesla Cybertruck’s demand. On April 2, 2023, just as Elon Musk tweeted that he was walking the Cybertruck production line, the number of searches for the Cybertruck on Google exceeded those for the Model Y, as shown below. We’ll make as many as people want and can afford,” Musk added.

Tesla 145
article thumbnail

Tesla Halted Orders for the Cheapest Cybertruck Model In Favor of More Expensive Variants

The Truth About Cars

Though beloved by fans of the brand, many have expressed hesitation to buy at the higher price, saying that they’d wait for a more affordable version down the road. Some in the industry have noted the company’s growing inventory of two- and three-motor trucks, with Tesla forced to stockpile unsold units near production facilities.

Tesla 105
article thumbnail

Joe Rogan gives the Tesla Cybertruck some praise: “Coolest car I’ve ever seen in my life”

Teslarati

LIVE BLOG: Tesla (TSLA) Q4 and Full Year 2021 earnings call summary. “Batteries will probably not be the limiting factor in Cybertruck production. And then, there’s a question of like, what’s the average cost of Cybertruck and to what degree is that affordable?

Tesla 145