I have worked for Wood, worked for consultancies and worked for oil companies, wind, water and paper mills. Fundamentally Oil pays the most, by miles (water lucky to break even), large premiums as operator makes large profit and loses and also very complex projects covering multiple skills. Hotels (accommodation), aviation, power generation, processing transport to name a few. Wind farms are cookie cutters and limited skills required (not saying people are not skilled, just there are not hundreds of different skills needed) a $1 billion dollar windfarm will not offer the margins a $1 billion dollar oil project will. 2-3% versus 25-30%. Wind is trying to move the risk onto contractors, oil and gas share risk as a delay hurts the oil company more than the contractor. If the turnaround is more renewables, maybe more turnover but expect lower margin. A very senior, now ex employee,when asked about wind turbines, in a townhall said not interested as no margin. Sometimes you need to take the licks and move on otherwise you can follow the share down to zero.
EVs in Norway are cheaper than ICE cars. Tesla is 11% of the Norwegian market. 2022 is forecast to be 80% electric sales. If that's replicated globally how does that justify the inflated price?
I do use it, it does not heat the car doors. If you spend time in Norway most companies have huge parking garages with electric hook ups so cars not outdoors. I also have the button on the app that triggers the door without needing the handle. The point I was making is early adopters put up with stuff as early adopters. To get the growth Tesla needs they need all buyers, the next tranche and not impressed. This may or may not match your view on the share. However growth is going to slow, profit margin drop and P/E will follow more mature shares. 30-50 bucks a share is where this is headed.
Poor ride quality, a 60k car should have air suspension. Basics like auto lights and windscreen wipers do not work. Do not like having no speed in my line of vision.Do not like the ransom slam on of the brakes when you pass a cyclist, yes pass them, doesnt brake when they are in front of you. This week cannot get in as door handles freeze and the auto open does not work. For the price point this just does not cut it, it replaced a volvo XC90 r type. The tesla is a nice car, but at 60k it competes with my vauxhall corsa, its not a patch on the XC90. The BMW IX is amazing, I only got a tesla as delivery was quick and I get the tax back. Delivery was not quick and wish I had waited for the BMW, or Ford mustang, or basically any of the other EVs. The 25k one is going to be a three with less, there is nothing left to make less, unless the materials go even further downhill. I would ask your friends, is the emperors new clothes. Do they say its great rather than say I spent a huge amount on lemon. Thank goodness mine is a lease.
do you own a tesla? I do and wish I did not. I do not want a car that is treated like a mobile phone. Auto windscreen wipers were mastered years ago, not on a tesla. Its cold here, I cannot open the door. The early adopters who put up with stuff goes its new have all purchased, Your on the next group, they do not like the cars. having huge capacity is not good if there is not huge demand. There are for EVs, but VW, Mercedes, Audi, Kia, Ford will win that market. Tesla is the Noika of EVs.