How come you never take your own advice? How many times have you tried calling the top and gotten it wrong in this thread? You should go back and read this whole thread from the beginning on this year to now. In fact, I recommend that for everyone. Perspective my friend. The market is forward looking and not backwards so why do you insist on valuing companies using solely on PE? If it was that easy, everyone would be millionaires and we could just sort and buy the companies based on the lowest PE.Looks like a MASSIVE short covering rally in the EV space. Just when you think they are overvalued....they get even more overvalued. Just like my momma told me back in the year 1999....you NEVER short big momentum. If you think something is overvalued you either buy and hope some sucker pays more than you did, or just avoid it altogether. But NEVER think you can call the top and start to short.
Tesla is vertically integrated. They do everything in house. Tesla builds their own Superchargers and all the parts and software because they had to. No fast charging stations existed so Tesla had to create and build one from scratch. It's pretty much how Tesla does everything. If something they need doesn't exist, Tesla will develop and build it. They don't wait for others because Tesla moves too fast. Think of Tesla as sum of 40-50 different startups under one big Tesla umbrella. That's how Elon runs Tesla and SpaceX. Bunch of startups all working together under Tesla and SpaceX brand to achieve one simple mission. To accelerate the world's transition to sustainable energy and to make life multiplanetary.sorry to digress...Does Tesla construct the super charging stations or do they have an approved supplier? Seems like many more of these stations will be need to be built in the near future
Looks like a MASSIVE short covering rally in the EV space. Just when you think they are overvalued....they get even more overvalued. Just like my momma told me back in the year 1999....you NEVER short big momentum. If you think something is overvalued you either buy and hope some sucker pays more than you did, or just avoid it altogether. But NEVER think you can call the top and start to short.
Seeing all these EV companies shoot higher reminds me of the 3d printing bubble or the marijuana bubble. Ride them and make the gains while you can, but as in most industries, everyone won't succeed, there will be one or two winners and the rest losers.
All the vaccine news is finally giving the cruise industry some hope in their stocks.
Battery hot swapping is dead end. The future is not hot swapping. Charge times are decreasing rapidly while ranges are going up. And more charging infrastructures will be built. Charging stations will be everywhere.Not yet confident in buying them - but if there's one thing in the EV market I definitely think is a smart idea is that Nio is going the route of hot-swap batteries... Not just being able to hot-swap a full one, but also being able to swap in... say... a larger one.
yeah, I don't trust battery swapping. Just way too much variance from battery to battery with how individual users will treat their powertrain and, as we all know with how pretty much any individual battery can be a bit of a crapshoot, just too much risk in swapping into a dud and suddenly having to swap again within a couple of miles because the thing just completely discharges or, worse yet, you've suddenly got a microbomb sitting under your ass.
I imagine that it could also affect driving mechanics from battery to battery, assuming there isn't one single format with one completely equal weight rating across all possible swapped batteries, at all times (probably not a real legitimate concern and few would notice it, anyway)
There's a lot about that system that would have to be standardized and controlled to every little detail for it to work in the real world and not just on paper, at mass scale. I think charging technology will surpass that before hot swapping ever would make actual sense. (real world sense; not just what looks like a good idea on paper).
What this EV "bubble" is doing is giving companies like Nio, Xpeng, BYD, and others ammo and capital they need. The market is saying we'll give you all the capital you need to grow and execute and take on the likes of GM, Ford, BMW, Mercedes, VW, etc. Tesla led and showed the way and now these Chinese companies along with maybe Rivian and Lucid will follow. It's why GM, Ford, and BMW are dead. Nio, Xpeng, BYD, and other Chinese EV companies will buy BMW for scraps and badge names in the future. Count on it. I can't stress enough BMW is dead. Tesla and Xpeng will kill it. I know it's not what people and fans want to hear but that's the future reality. Most of the legacy automakers will not be able to make the transition to EV successfully. It's been proven time and time again when it comes to disruptive technology. Google "The Innovator's Dilemma." You're seeing it play out before your eyes again with the ICE to EV revolution.Seeing all these EV companies shoot higher reminds me of the 3d printing bubble or the marijuana bubble. Ride them and make the gains while you can, but as in most industries, everyone won't succeed, there will be one or two winners and the rest losers.
Batteries will last longer than the life of the car. These batteries will be good for like million miles or more.Well, I guess that asks the question of - how long are we expecting the average battery to last? Or last to the point where it gets a significant amount of miles and hasn't deteriorated to the point of only getting 40 miles or something?
Battery hot-swapping would negate this - since you're constantly swapping new ones that are approved of by the distribution company. Once they get below a certain threshold, they would be taken out of the distribution chain and recycled.
I believe Nio is calling it "Battery as a service" and making it out to be a continuously paid service.
What this EV "bubble" is doing is giving companies like Nio, Xpeng, BYD, and others ammo and capital they need. The market is saying we'll give you all the capital you need to grow and execute and take on the likes of GM, Ford, BMW, Mercedes, VW, etc. Tesla led and showed the way and now these Chinese companies along with maybe Rivian and Lucid will follow. It's why GM, Ford, and BMW are dead. Nio, Xpeng, BYD, and other Chinese EV companies will buy BMW for scraps and badge names in the future. Count on it. I can't stress enough BMW is dead. Tesla and Xpeng will kill it. I know it's not what people and fans want to hear but that's the future reality. Most of the legacy automakers will not be able to make the transition to EV successfully. It's been proven time and time again when it comes to disruptive technology. Google "The Innovator's Dilemma." You're seeing it play out before your eyes again with the ICE to EV revolution.
Again, do not invest in legacy automakers. They're history and it will be like investing in Kodak, Sears, Barnes and Noble, Blockbuster, etc. The only legacy automaker I've any faith in is VW.
Um, we've all seen that since the 70s; it's just taken way longer to implement than we thought.It's just like solar roof. In the future, pretty much all new roofs will have solar. You won't find dumb roofs unless you go to really poor areas. Right now, what I'm saying might sound stupid and crazy to you but that's the future. I've seen it.
Um, we've all seen that since the 70s; it's just taken way longer to implement than we thought.