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Electric and autonomous cars in Victoria and on Vancouver Island


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#7161 Victoria Watcher

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Posted 30 January 2023 - 12:39 PM

Tesla Takes Customers From Rivals While Industry Struggles At Retention

 

Tesla has kept 83% of its first-time owners and has the lowest number of customers who buy once and then leave for rival brands.

 

https://insideevs.co...s-at-retention/

 

screenshot-insideevs.com-2023.01.30-15_39_32.png

 

A recent report published by Automotive News draws attention to eight automotive brands that are struggling to retain customers. Car shoppers sometimes referred to as "nomads" tend to leave brands, such as Acura, Audi, Dodge, GMC, Mazda, Mercedes-Benz, Ram, and Volkswagen after one purchase more often than other automakers. Meanwhile, Tesla is the taker of rivals' customers, and it tends to keep them.

 

The details in the article come from a study put together by S&P Global Mobility. It breaks automotive brands into different categories to show how their customers either remain loyal to or leave the brands. One primary goal of any automaker is to gain customers and keep them. Associate director of consulting for S&P Global Erin Gomez explains:

 

"Brands that fail to transform nomads into loyalists not only lose out on the immediate sale to the nomad but also the future loyalty benefit they could have provided as loyalists." 

 

This is the reason for conquest incentives, which offer a special deal to customers who buy or lease a vehicle from a new brand. Loyalty incentives are also at work, which provide promotions to people returning to buy or lease another vehicle from their current brand.


Edited by Victoria Watcher, 30 January 2023 - 12:40 PM.


#7162 Victoria Watcher

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Posted 31 January 2023 - 03:40 AM

https://tesladata.ma...w-model-y-data/

 

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#7163 Victoria Watcher

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Posted 31 January 2023 - 08:10 PM

General Motors Co. will invest US$650 million in Vancouver-based Lithium Americas Corp. to help develop the miner’s Thacker Pass project in Nevada, which hosts the largest-known source of lithium in the United States and the third largest in the world, the companies said.

 

https://financialpos...ium-mine-nevada



#7164 Victoria Watcher

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Posted 02 February 2023 - 07:41 AM

screenshot-www.google.com-2023.02.02-10_41_08.png



#7165 Mike K.

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Posted 02 February 2023 - 07:42 AM

Kathy Woods expects a $4,600 stock price by 2026.

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#7166 Victoria Watcher

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Posted 02 February 2023 - 07:56 AM

Remember, every car is capable of FSD.

 

When and if that gets the regulatory go-ahead, the stock must go 10 or 20x.

 

Who knows when that might happen though.

 

But their energy business is growing faster than their car business.

 

 

 

"(Insurance is) growing 20% a quarter so it's growing faster than the growth in our vehicle business," CFO Zachary Kirkhorn said. Tesla is also growing its energy generation and storage business, which grew 90% year-over-year in the fourth quarter with $1.3 billion in revenue.

 

https://ca.finance.y...lion in revenue.


Edited by Victoria Watcher, 02 February 2023 - 07:58 AM.


#7167 Mike K.

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Posted 02 February 2023 - 08:47 AM

Don’t forget Semi.

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#7168 Victoria Watcher

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Posted 02 February 2023 - 08:49 AM

Don’t forget Semi.

 

Semi and CyberTruck.  Both should be going gung ho by 2024.



#7169 Mike K.

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Posted 02 February 2023 - 08:56 AM

Oh gawd, the cYbErTRuCk.
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#7170 Victoria Watcher

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Posted 02 February 2023 - 08:59 AM

Oh gawd, the cYbErTRuCk.

 

 

Tesla's Musk Creates New Expectations Around the Cybertruck
The vehicle, due to start production this year, is Tesla's first truck/pickup.
 
 
 
 
screenshot-www.thestreet.com-2023.02.02-11_59_18.png


#7171 Mike K.

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Posted 02 February 2023 - 09:12 AM

Yeah yeah ok ok. Get on with it and let us see it for ourselves.
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#7172 Victoria Watcher

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Posted 03 February 2023 - 06:39 AM

Tesla Stock, In Midst Of 80% Run, Sees China Sales Increase

 

https://www.investor...sales-increase/

 

 

 

 

 

 

Behind the EV price war is an all-out battle for the future of customer loyalty in the car business — and it could mean more discounts on the horizon

 

https://ca.finance.y...-130135344.html


Edited by Victoria Watcher, 03 February 2023 - 06:41 AM.


#7173 dkuitu

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Posted 03 February 2023 - 07:57 AM

Autonomous driving tech: Just two years away?

"We're going to end up with complete autonomy," Musk recently told Fortune during his commute to SpaceX headquarters, "and I think we will have complete autonomy in approximately two years."

http://www.fool.com/...ampaign=article

 

This hasn't aged well.



#7174 Mike K.

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Posted 03 February 2023 - 07:58 AM

Nope.

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#7175 dasmo

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Posted 03 February 2023 - 08:47 AM

Nope. But my shares are aging like an NFT of an ape drinking a fine wine!
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#7176 Victoria Watcher

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Posted 03 February 2023 - 03:17 PM

Elon Musk found not liable in fraud trial over take-private tweets

 

https://www.reuters....ose-2023-02-03/



#7177 Victoria Watcher

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Posted 03 February 2023 - 03:25 PM

Electrify America increasing charging fees amid network reliability issues

 

https://driveteslaca...ability-issues/



#7178 Victoria Watcher

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Posted 03 February 2023 - 05:03 PM

Ford doubled its EV sales last year, but that wasn’t enough to prevent the automaker from posting a $2 billion loss for 2022, the company’s figures reveal.

 

“We should have done much better last year,” said Ford CEO, Jim Farley. “We left about $2 billion in profits on the table that were within our control, and we’re going to correct that with improved execution and performance.”

 

 

 

https://www.carscoop...n-pivotal-2023/


Edited by Victoria Watcher, 03 February 2023 - 05:03 PM.


#7179 Mike K.

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Posted 03 February 2023 - 05:08 PM

They pissed people off big time by dealers price adjusting vehicles way above the MSRP. That practice really eroded sentiment towards dealers that engaged in the practice and it was predominantly the American brands that let it happen, at least that’s what I had heard.

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#7180 Matt R.

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Posted 03 February 2023 - 05:45 PM

It’s ok, simple fix with improved execution and performance. I am surprised nobody thought of that before hand.

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