Tesla Q3 2021 Vehicle Production and Deliveries (opens in new tab)

You could nearly double your range by buying two model Y’s it would give you around 600 miles — a much better price, and theoretically you could tow charge one and charge it, so it’s not out of the realm of possible.

To be fairrrr, only people that have range anxiety are those that listen to the oil and gas industry.

I'm not even a layman in this area but I think a lot of the vertical integration for Tesla is purely the result of them being on the flame front of growth in new technological domains. An automaker creating new ASICs and new batteries is atypical, but they are in a much better position to both understand the demand and absorb the risk. Early automakers were in the same position, but eventually the worst ideas were filtered out and industry was able to develop around each of these areas until they could compete favorably with internally developed products.

Musk's approach for both Tesla and SpaceX seem to be a very effective to effectively push into a new domain if you have the money and the guts to try. It will be interesting to watch how they evolve over time.

The argument about Tesla being to small to matter is dwindling fast. Elon has publicly stated a goal of a yearly production run rate of 20 million before 2030.

And let's not get into the profit margins which is way better than ICE :)

If these projections are true, one fifth of Toyota by 2022 and still growing is an astonishing achievement.

That's very impressive indeed and if they can keep growing like this few more years they will definitely have more revenue than any other car company and might be top 1 by cars produced in less than a decade.

They're a new company but they're also not that new anymore if you consider that they've been an established player for years now.

Wiki says that they sold almost 7 million in 2020 globally. To get to top 10 it's required to sell something like 2 million units globally.

Nissan is forecasting 9.75 trillion yen (88 billion usd) in net revenue for 2021.

Tesla had automotive revenues of 19 billion usd in the first two quarters of 2021.

And they are more vertically integrated on semiconductor side than other auto manufacturers.

Their stock valuation counts on them taking 60%+ of the global car market, and their cars being a computer network that generates new revenue from software improvements in perpetuity.

Yes, and as long as enough investors believe in that thesis, it'll stay where its at.

What's Uber's stock price and valuation after burning $30 billion dollars and still not turning a profit? (Uber picked in particular because I'm familiar with their financials)

Stock prices are not always rational. I'm not sure why. But one of the contributing factor could be things like ETFs where stocks were bought to track a particular sector or index regardless of their financials. (I'm just guessing, I don't have a financial background)

Tesla was founded in 2003, Rivian in 2009. So Tesla took five years to start Roadster production, while Rivian has taken 12 years until first customer deliveries. Maybe Rivian will ramp faster. Sam Korus tracks the numbers and so far Tesla is ramping faster than Ford, making it the fastest ramping car manufacturer in American history. I wouldn't be surprised if some Chinese companies could go faster. It is much faster than what Toyota did. They are very methodical, which is why they have almost zero pure EV sales.

> They're all in different manufacturing maturity place

That's true, but the electric car race began with the Model 3 and is going to continue to outpace Rivian 50x next year if the volume expectation are correct [on both sides]. Rivian coming out with these cars is unlikely to capture much of the market anyways, given they're both over $65k. It's like Rivian's 10 years behind Tesla in maturity (besides their range figures), and their only saving grace might be the Amazon electric delivery vehicle contract.

i happened to look up the latter question. Toyota does about 10M cars/year, so this is about 10% of toyota, which is way closer than i expected.

Henry Ford created a factory "capable of taking in raw materials on one end and spitting out finished automobiles on the other". [0]

Not all automakers have done things that way though, and other automakers are able to complete with Ford. Vertical integration can sometimes be an asset, other times the "Not Invented Here" culture proves limiting. Tesla's had incredible success thus far, but we probably need a couple more decades to see if they maintain their first mover advantage or if other players end up being more agile and more successful.

0: https://www.caranddriver.com/news/a23478147/ford-river-rouge...

Tesla has a lead now, but I wonder how long it'll hold up.

At some point electric drivetrains and batteries will be available in large quantities from suppliers just like gasoline motors and gearboxes are available now.

As soon as that is the case, there will be many dozens of different car models that compete with Tesla.

Teslas vertical integration is an advantage now, because they don't have to wait for suppliers to develop what they need. But once suppliers have caught up, I'm not sure if Teslas edge holds.

Ah yes, most companies just buy batteries from Panasonic and shove them in their cars, but the galaxy brains at Tesla instead buy batteries from Panasonic and shove them into “custom modules” which is clearly materially different.