EV thread

Just saw a Hyundai ad trying like hell to bait Colorado buyers into leasing a new Ioniq 5 for $225 a month with $225 down. Tells me theyre not sellin very well

https://slickdeals.net/f/17442897-s...down-225-per-month-more?src=SiteSearchV2Algo1

the whole market for EVs seems to be declining. Tesla dropped its prices again, their stock is falling, and all the Chinese makers are locked in a price war with them and selling largely at no profit in an attempt to secure market share. Add in the smaller EV players like Ford, GM, Hyundai, VW, Rivian... they're all sucking wind & losing money hand over fist on these things. Just more fallout from government meddling in the economy, ceaselessly trying to jam it's square peg in a round hole regardless of the consequences, of that they are indeed experts.
 
Commiefornia Toyota EV sales gotta be hurtin pretty bad

$1999 down, only $129 a month
I have not seen lease payments that low since the 90s

https://slickdeals.net/f/17449071-lease-toyota-bz4x-ev-for-125-a-month-for-36-months

Example deals:
  • Northern California
    • 36-Month Lease on 2023 Toyota bZ4X XLE Electric Car $1999 down + $129 per month = $6643 total
  • Southern California
    • 36-Month Lease on 2023 Toyota bZ4X XLE Electric Car $1999 down + $139 per month = $7003 total
 
Source

"Hertz (NASDAQ: HTZ) reported its earnings for the first quarter of 2024 today, announcing that it is continuing to lose money on its electric vehicle investment and plans to dump even more EVs from its fleet.

Hertz said it had increased the number of EVs it will let go of by 10,000 units, now planning to sell 30,000 of its purchased electric cars this year. In January, it said it would get rid of 20,000 units after it felt $245 million of incremental net depreciation on the value of its EV fleet.

The losses continued in Q1. Hertz said it incurred a $195 million charge to vehicle depreciation to write down the EVs held for sale. However, vehicle depreciation as a whole increased by $588 million, or $339 on a per-unit basis."
 
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Elon Musk reportedly sacked Tesla’s entire Supercharger team, including his top female manager​


Elon Musk shocked Tesla fans on Monday after news leaked he was eliminating everyone at Tesla's Supercharger operations, starting with his highest ranking female executive.

According to an email from the entrepreneur obtained by The Information, Tesla's senior director for EV charging, Rebecca Tinucci, will be leaving the company with immediate effect. Musk also informed staff he would be dismissing everyone on her Supercharging team, which it said numbered roughly 500 employees.

Tinucci is also the most senior woman executive at the company, as board chair Robyn Denholm is not involved in the day-to-day operations and only serves in an oversight and governance role.

Gutting core operations like Tinucci's is reminiscent of the mass cullings Musk carried out at Twitter after he took over the company. He even prefaced this month's Tesla's company-wide layoffs that got rid of more than every tenth job with a similar questionnaire to managers demanding they justify their human resources.

"Hopefully these actions are making it clear that we need to be absolutely hard core about headcount and cost reduction," he wrote in the email seen by The Information, which also announced the end of the public policy team led by departed executive Rohan Patel. "While some on exec staff are taking this seriously, most are not yet doing so."

Shock move
The move comes as a shock since Tesla's dense network of 50,000 Supercharger sites around the world have been a game-changer, removing range anxiety associated with switching to EVs. No other carmaker designs, manufactures and operates their own in-house fast charging network at anything even remotely comparable to Tesla's scale it has long been considered Tesla's strategic moat protecting it from the threat of new competition.

A major reason why many investors are so convinced Tesla's Full Self-Driving software will become the industry standard is past experience. Starting with Ford last May, U.S. carmakers made the fateful decision to abandon rival charging standards and switch to Tesla's proprietary NACS hardware.

Electrek, one of the leading EV news sites, called the decision "absolutely crazy", especially given Musk is asking shareholders also approve in June his record pay package worth roughly $58 billion at today's stock price.

"It makes absolutely no sense to lay off the Supercharger team," commented the publication. "Supercharging is an incredible opportunity for Tesla, especially now that everyone else has adopted NACS."

Just weeks before, Tinucci had been given the honor of holding a presentation to Wall Street analysts at Tesla's Investor Day last March. Apart from a handful of lieutenants like design boss Franz von Holzhausen and engineering chief Lars Moravy, execs behind Musk rarely interact with the broader public.

During her speech she revealed her vision for lowering her network's costs by boosting site utilization rates without the aggravation of longer customer wait times. Because Tesla is the only manufacturer to enjoy access to real-time data from both its car fleet and its fast-charging network, it could develop software that would serve as an "air traffic controller" in her words, directing Tesla owners across the world to the most convenient Supercharger.

Tesla eliminated its press relations team years ago and did not respond to a Fortune request for comment. Tinucci, who would be the fourth senior executive to leave within a month, could not be reached by Fortune. Her LinkedIn profile still lists Tesla as her current employer.

https://fortune.com/2024/04/30/elon-musk-tesla-supercharger-layoffs-executive/
 
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Tesla's Rebecca Tinucci Recognized in Time's Top 100 Most Influential Climate Leaders
December 2, 2023

As the Senior Director of Charging Infrastructure at Tesla, Rebecca Tinucci is not just a key executive in the company but also a pivotal figure in the electric vehicle industry. She has been recognized as one of the "100 Most Influential Climate Leaders in Business for 2023" by Time Magazine.

Well Deserved Recognition
Tinucci's notable achievement in 2023 was her successful negotiation with other leading EV manufacturers to expand access to Tesla's charging network across the United States. This strategic move involved integrating major automotive brands such as BMW, Ford, GM, Honda, Hyundai, Mercedes-Benz, Nissan, and Toyota into Tesla's charging ecosystem.

This expansion has made Tesla's charging standard the de facto choice in North America and opened new revenue streams for the company by welcoming non-Tesla EV owners to use its network. Additionally, it has positioned Tesla to benefit from federal charging infrastructure funding, from which it was previously excluded.

This strategic expansion under Tinucci's leadership signifies a monumental shift in the EV charging landscape. By creating a more inclusive charging network, Tesla has not only bolstered its position in the market but also contributed significantly to the broader adoption of EVs, reinforcing the company's commitment to sustainability and innovation.

Tinucci was a shining star among Tesla's leadership during the Investor Day 2023 event in March. She enthusiastically led the audience through Tesla's charging advancements and teased the future. Tinucci was the one to first hint at the Tesla retro diner that is now under construction in Los Angeles. She also gave a lot of ammunition to speculate about a possible charging pad.

Educational and Early Professional Foundations
After completing her Commerce, Finance, and Management studies at the University of Virginia, Tinucci embarked on her professional journey in 2008 as a Management Consultant at Kurt Salmon Associates in New York. In 2009, she ventured into entrepreneurship by establishing Evatran. This enterprise, known as Plugless Power in the market, specializes in the pioneering field of wireless EV charging.

Tinucci's career took a significant turn when she relocated to the West Coast in 2018 and joined Tesla in a pivotal role as a Senior Product Manager. She distinguished herself by forming and leading a team focused on developing Machine Vision technologies for advanced manufacturing processes there. Her ability to drive progress was quickly recognized, leading to her promotion to Senior Program Manager of the Energy Group within just four months, where she focused on software development and pivotal strategic projects.

Ascending the Ranks at Tesla
Tinucci's climb through Tesla's ranks was rapid and impactful. She soon took on the role of Staff Technical Program Manager, where she was responsible for overseeing critical initiatives throughout the engineering division. As the Senior Manager for Super Charging, she played a crucial role in Tesla's expansion, implementing innovative features such as integrating wait times into Tesla's navigation system for busy Supercharger stations and introducing variable charging rates based on the time of day at selected locations.

Her promotion to Senior Director of Charging Infrastructure marked a significant milestone in her career. Tinucci oversees Tesla's worldwide charging business units in this role, directing a team of more than 450 professionals. Her recognition by Time Magazine underscores her influence and the critical role she plays in advancing sustainable transportation solutions. As she continues to lead Tesla's charging infrastructure to new heights, her contributions are setting new benchmarks in the EV assigning domain.


https://www.notateslaapp.com/news/1...me-s-top-100-most-influential-climate-leaders
 
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I didn't know they had covered that much territory. It looks like our states are pretty well served. Interestingly, I know a guy who made the trip from Houston, TX to central NC in a Tesla just a few years ago (around 1,100 mile trip) and he had to stay overnight in Alabama because he had trouble with chargers. Because of that experience, he traded the Tesla in on a F150 when he got back home.
 
I didn't know they had covered that much territory. It looks like our states are pretty well served. Interestingly, I know a guy who made the trip from Houston, TX to central NC in a Tesla just a few years ago (around 1,100 mile trip) and he had to stay overnight in Alabama because he had trouble with chargers. Because of that experience, he traded the Tesla in on a F150 when he got back home.

There's not many red dots though. If a dot covers a 10 mile radius and is 5 or less, it could only be 1 per dot in many spots.
 
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There's not many red dots though.

I can't even see the red dots. :ROFLMAO: See, that's how they get the colorblind. There are probably a bunch of colorblind Tesla drivers sitting on the side of the road with a dead battery staring at that map. :ROFLMAO: Do you think I have a discrimination suit against the creator?
 
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I can't even see the red dots. :ROFLMAO: See, that's how they get the colorblind. There are probably a bunch of colorblind Tesla drivers sitting on the side of the road with a dead battery staring at that map. :ROFLMAO: Do you think I have a discrimination suit against the creator?

Worth a shot
 
I can't even see the red dots. :ROFLMAO: See, that's how they get the colorblind. There are probably a bunch of colorblind Tesla drivers sitting on the side of the road with a dead battery staring at that map. :ROFLMAO: Do you think I have a discrimination suit against the creator?

You don't look at a map. The car tells you when and where to go for a charge. it's all computers baby! LOL.
 
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