Tesla’s Nemesis in China Is a Tiny $5,000 Electric Car From GM

[cgy]

those 40 million people usually buy an old care, a 10 years old car go by 500$-2000k in USA
i know several people on food stamp or disability that own more then 1 car!!

earners usually buy a car on payment plana round 200-300$/ month

Pay attention to the point of what I said: I don't think a new car worth more than $20000 is affordable to 40 million poor Americans living on food stamps

List of countries by vehicles per capita

It is true that there may be poor Americans who own more than one car. However, the average car ownership per capita in the United States is 0.83, which means that the proportion of poor Americans with more than one car in all poor people will not be too large.

 

[Kai Liu]

Tesla will dominate this decade. Their tech and manufacturing capabilities are so far ahead of everyone else it’s laughable. Tesla will be earning over $1 trillion in revenue by 2030 just from its automotive and battery business alone. That’s not including its autonomy/software business which will revolutionize the automotive industry. Tesla is well on the way to becoming the most valuable company in the world.

A $20 billion company becomes a $1 trillion company within 10 years by making battery cars...
A dream more sweeter than the Bollywood script...Now it is confirmed that you two are true indians... lol...
Before you brag, first check how much revenue generated today by all car companies combined...FYI, Toyota, the largest car company, has a $200 billion revenue, and GM has a revenue 2/3 that of Toyota...And you should put a question mark still if battery car can really eat the pie of petrol cars within 10 years...If that is not true, than Tesla will go bankrupt by venturing too far to the wrong field, instead of becoming a '$1 trillion company'...LMAO...
Even in the field of battery, it is dominated by Chinese (CATL, BYD, etc), Korean (LG Chem), and Japan (Panasonic)...Nothing to do with Tesla... The battery cells of all Tesla models are supplied by the above battery giants...

https://www.usitc.gov/publications/332/journals/the_supply_chain_for_electric_vehicle_batteries.pdf

Pathetic dreamers...

 

[Beast]

Tesla in just a few years few years is far more well-known than BYD. Not many people are walking by a bus and wondering the maker or seeing some advertisement somewhere for the latest BYD bus model. BYD isn't going to get a big mention in the history of automotive achievements because of buses/taxis. Can you name even one bus or taxi manufacturer that people the world over know/learn about due to some historic achievement? Maybe the red British double-decker but that's about it...and even then not many people know the actual company name (AEC Routemaster? Yeah right that's on the tip of people's tongues...NOT)).

Plus I'm talking about consumer cars. The President of BYD wasn't talking about buses or taxis in that 2009 talk. It was consumer 4 door passenger cars. Go listen again before going on a tangent with your own ignorance. That isn't a taxi or bus behind him in case you don't know what one looks like.

View attachment 674027
See that 4 door consumer passenger car. THAT is what he is talking about. It isn't a bus or taxi. The failure of BYD to market THAT car to the world allowed Tesla to rise from obscurity. Now Tesla is known for achieving what BYD failed to accomplish.

That is not what u say in first place. You claim BYD lose badly to Tesla which is not true. I already mention BYD main business is battery. They change their focus from sedan to bus or taxi to heavily promote their battery manufacturing and usage. Nothing wrong as long as it meet BYD of proliferating it battery business.

If an autombile company can't make great sedan but great bus and taxi and it's a failure? That is your analogy becos u are biased. There is reason why warren buffett buys BYD stock. I don't need a sour grapes like u try tell the world how BYD is a failure compare to Tesla.

 

[ziaulislam]

Pay attention to the point of what I said: I don't think a new car worth more than $20000 is affordable to 40 million poor Americans living on food stamps

List of countries by vehicles per capita

It is true that there may be poor Americans who own more than one car. However, the average car ownership per capita in the United States is 0.83, which means that the proportion of poor Americans with more than one car in all poor people will not be too large.

Doesmt matter the rest of 200 million americans buy 10 cars every year

 

[cgy]

Doesmt matter the rest of 200 million americans buy 10 cars every year

With less than one car per capita in the United States, the only way for every American to buy ten cars a year is that these Americans will sell their old cars every month and buy one from their neighbors. Unfortunately, this is impossible, otherwise the US tax authorities will be very happy.

 

[F-22Raptor]

A $20 billion company becomes a $1 trillion company within 10 years by making battery cars...
A dream more sweeter than the Bollywood script...Now it is confirmed that you two are true indians... lol...
Before you brag, first check how much revenue generated today by all car companies combined...FYI, Toyota, the largest car company, has a $200 billion revenue, and GM has a revenue 2/3 that of Toyota...And you should put a question mark still if battery car can really eat the pie of petrol cars within 10 years...If that is not true, than Tesla will go bankrupt by venturing too far to the wrong field, instead of becoming a '$1 trillion company'...LMAO...
Even in the field of battery, it is dominated by Chinese (CATL, BYD, etc), Korean (LG Chem), and Japan (Panasonic)...Nothing to do with Tesla...
View attachment 674154

https://www.usitc.gov/publications/332/journals/the_supply_chain_for_electric_vehicle_batteries.pdf

Pathetic dreamers...

Tesla will become a $1 trillion company within 5 years, and due to their revolutionary advancement in their battery technology, they will have annual revenue over $1 trillion by 2030. Athat’s not including their FSD/software business. Their MOAT is only growing larger.

 

[Kai Liu]

Tesla will become a $1 trillion company within 5 years, and due to their revolutionary advancement in their battery technology, they will have annual revenue over $1 trillion by 2030. Athat’s not including their FSD/software business. Their MOAT is only growing larger.

By their self-boasting? To make those fools to buy their stocks? LMAO...

All EMPTY talk... The most empty B.S. video I ever watched...

 

[F-22Raptor]

By their self-boasting? To make those fools to buy their stocks? LMAO...
View attachment 674156
All EMPTY talk... The most empty B.S. video I ever watched...

You can’t counter his research . That’s all I need to know.

 

[Kai Liu]

You can’t counter his research . That’s all I need to know.

You can't counter any of my argument by showing me a B.S. self-boasting video... LMAO...
Even if battery car is going to dominate in 1 decade which is nearly ZERO possibility... Tesla, just a new comer to the battery cell production, trying hard to pretend to be like a 'leader' in this field... which is hilarious... Its battery is not revolutionary, it has no advantage especially in costs as it claims, comparing to the battery Giants companies I mentioned above...

 

[F-22Raptor]

You can't counter any of my argument by showing me a B.S. self-boasting video... LMAO...
Even if battery car is going to dominate in 1 decade which is nearly ZERO possibility... Tesla, just a new comer to the battery cell production, trying hard to pretend to be like a 'leader' in this field... which is hilarious... Its battery is not revolutionary, it has no advantage especially in costs as it claims, comparing to the battery Giants companies I mentioned above...

Tesla has a massive lead in tech and manufacturing capability. Their MOAT is only growing. People like you are the reason China was left in the dust and has spent decades just trying to catch up and compete.

 

[Kai Liu]

Tesla has a massive lead in tech and manufacturing capability. Their MOAT is only growing. People like you are the reason China was left in the dust and has spent decades just trying to catch up and compete.

It has some tech in battery system integration and management, but nothing revolutionary...That's it, not nearly 1% of what they are boasting and to become a '$1 trillion company' in one decade...LMAO....
I can bet majority of us will still drive a petrol car in 2030...

 

[F-22Raptor]

It has some tech in battery system integration and management, but nothing revolutionary...That's it, not nearly 1% of what they are boasting and to become a '$1 trillion company' in one decade...LMAO....
I can bet majority of us will still drive a petrol car in 2030...

A dinosaur will go the way of the dinosaurs...

 

[Kai Liu]

A dinosaur will go the way of the dinosaurs...

One decade is just too short, we see no difference in life b/w 2020 and 2010... Just give you an example for the bragging and boasting in the tech field, still remember the 'revolutionary' material graphene, despite all those fanfare and boasting by those people in that field, graphene remains well, graphene, nothing has changed to our life... You should be a little bit more smarter when watch those people boasting, even in the academia, let alone those crooked business people...lol...

 

[ziaulislam]

With less than one car per capita in the United States, the only way for every American to buy ten cars a year is that these Americans will sell their old cars every month and buy one from their neighbors. Unfortunately, this is impossible, otherwise the US tax authorities will be very happy.

very well, i will rest my case with this. In USA every year 17 million vehicles and light trucks are sold.
in china, the number is 20.1 million

 

[Kai Liu]

very well, i will rest my case with this. In USA every year 17 million vehicles and light trucks are sold.
in china, the number is 20.1 million

One correction, it is ~30 million in China. 23 million of which are passenger cars.