QOTD: Expecting Anything From Tesla?

Tim Healey
by Tim Healey

Telsa's Investor Day will be starting soon after this publishes -- and I am wondering what, if anything, you're expecting in terms of news from the company.

Perhaps a Model 2?

If major news breaks, we'll have it, but for now, feel free to play armchair analyst for the next quarter-hour or so while we wait to see what ol' Elon has in store.

Sound off below.

[Image: Tesla]

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Tim Healey
Tim Healey

Tim Healey grew up around the auto-parts business and has always had a love for cars — his parents joke his first word was “‘Vette”. Despite this, he wanted to pursue a career in sports writing but he ended up falling semi-accidentally into the automotive-journalism industry, first at Consumer Guide Automotive and later at Web2Carz.com. He also worked as an industry analyst at Mintel Group and freelanced for About.com, CarFax, Vehix.com, High Gear Media, Torque News, FutureCar.com, Cars.com, among others, and of course Vertical Scope sites such as AutoGuide.com, Off-Road.com, and HybridCars.com. He’s an urbanite and as such, doesn’t need a daily driver, but if he had one, it would be compact, sporty, and have a manual transmission.

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7 of 23 comments
  • ToolGuy ToolGuy on Mar 02, 2023

    This is interesting (if you like Ford, who doesn't).

  • Tassos Tassos on Mar 02, 2023

    I watched the whole long 2.5 hour show, live. An article about it on Autoblog Electric, a site I just saw yesterday for the first time, gives a good summary.

    While I was really impressed at the thoroughness and the ambition of the presentation and the goals, I also noticed that, with the exception of the Cybertruck, which they insist is coming out this year, there was no word not only about future product, but not even about the (announced separately!) redoing of the Model 3 AND the Model Y.

    Investors (and so far I have not been one) obviously were worried about their short term fortunes, the stock fell almost 7% in pre-trading.

    The sure thing is that this is a carmaker LIKE NO OTHER IN HISTORY, they have made HUGE INNOVATIONS nobody else DARED to make, and thus are STILL the DOMINANT BEV maker in the world, and MUCH MORE (if you watch the presentation and have an ounce of brains, you will see why).

    They OWN the BEV market.

    AND they are the ONLY BEV maker outside CHina that can produce (Model 3, Model y at least) AT A PROFIT.

    Yesterday, February US sales were out, and they are still coming out. We know already that HONDA AND TOYOTA slipped again, while their rivals did not (Hyundai Kia etc) even tho they make inferior econoboxes to these two. WHY? The answer is OBVIOUS and shown by the SALES DATA. TESLA's expansion from a tiny 0.1% market share when the Model S came out, to 4% and MORE these days, a 40 TIMES growth, in an overall new car sales market that has gone DOWN from 17 million units many years ago to a pitiful 13-14 million today, has been AT THE EXPENSE of TOYOTA (look at the drop of Prius sales as owners switched to Model 3s and Ys) AND Honda (who made the most efficient vehicles pre-2000), as well as its obvious targets, the similar priced luxury offerings from BMW and Audi and even Merc.

    It is no coincidence that in 2022, TESLA became, by a WIDE MARGIN, the BIGGEST LUXURY CAR SELLER IN THE US MARKET.


    TESLA Haters, stick your empty heads deeper in the sand,

    • See 2 previous
    • GregLocock GregLocock on Mar 02, 2023

      Tesla make a few more EVs than BYD

  • SCE to AUX SCE to AUX on Mar 02, 2023

    I pretty much agree with your assessment.

    I sort of expected a Model 2 announcement along with the Monterrey plant, but maybe later. I hate to admit this, but the Cybertruck looked better in the beta form than it has before. Not that I like it, and it still has glaring deficiencies.

    I don't subscribe to Tesla's save-the-world agenda, so I left the broadcast after about 10 minutes. That stuff - and a dearth of hard news - is probably what brought the stock down today.

    • ToolGuy ToolGuy on Mar 02, 2023

      The Model 2 was asked about in the Q&A and Musk specifically declined to answer; they will do a separate Model 2 rollout when they are ready.

      By my reading (including spoken language and body language and executive interaction, based on a long history of trying to figure out reality based on automotive executive presentations, in the interest of self-preservation) this Investor event was set up at the request of Tesla's finance chief. The other functions showed their stuff and tried to make it (as requested) about the future and the big picture. The 'investors' attending and in the press were 'disappointed' that it wasn't a shorter-term announcement with hard deadlines.

      It wouldn't surprise me if one of these never happens again.

  • Lou_BC Lou_BC on Mar 04, 2023