It’s me. And yes, I’m bad at math, guilty as charged. I tend to make pretty simple points.
But, yes, when a publicly traded company promises exponential growth on their earnings calls, and then delivers double-digit unit delivery a year later, I do tend to point and laugh. All of that is accurate.
¯_(ツ)_/¯
Figured I could trust you to find the link that says “WROTE A TUTORIAL.”
Linux, but you can run Android apps once you root it :)
It’s an excessively involved process at the moment, this individual managed it by using a common malware method, he imitated a legitimate OTA update but rewrote it to root the system. He was basically his own supply-chain-attacker: https://hackaday.com/2022/07/18/hacker-liberates-hyundai-head-unit-writes-custom-apps/
Didn’t realize folks would want a proof-of-concept of HOW it was done.
If you want a proof-of-concept, like steps for how to do the thing, that’s here: https://hackaday.com/2022/07/18/hacker-liberates-hyundai-head-unit-writes-custom-apps/
(This is the spirit of the post: Doom is a fun and silly demonstration of the software being hackable.)
MotorTrend noted one middleman/dealership tripled the price on a very basic F-150 Lightning: https://www.motortrend.com/news/ford-f-150-lightning-ev-pickup-dealer-markups
Like, no product can survive that sort of scalper in the middle. Also, probably don’t ask a middleman to sell a new product and sell the well-established alternative to the new product. Recipe for failure, cunningly cooked.
Yeah, ditto. They’re stating June for final pricing announcement, and targeting “mid-twenties” for price atm.
For me, it’s the social piece that gets me - I have to go get talked at by a series of increasingly greasier dudes until eventually I reach the apex greaseball and he tries to con me out of as much money as he can steal
It’s a terrible system TBH XD
I test drove one… They’re really really nice!
Personally, the used market has collapsed, but that’s also sort of a good thing if you’re shopping used.
If the car will make it to 200,000 miles, you’d expect a used one with 95,000 miles to be worth ~50% of original sales price.
And that’s just the baseline. Some vehicles hold value exceptionally well, like my Toyota Tacoma, the used prices are absurd, it’s worth something crazy like 75%+ what we paid for it in 2021.
Not so for a lot of EVs. I threw 3 examples into the article (Audi e-Tron, Dodge Charger Daytona, and then I guess the Ioniq 6 itself, the sporty ones with a speed markup). It’s newsworthy just because it’s unusual, it’s like the used market is saying something about the vehicle is not worth what the manufacturer thought it was worth on day one.
Pretty sure you’re joking, but I am who I am, so I got to do the math.
Here, Edmunds has a really crisp infographic. By the Edmunds used car depreciation percentages, this Hyundai should be worth about ~65% of what it originally sold for, but instead it is being sold for half as much: https://www.edmunds.com/car-buying/how-fast-does-my-new-car-lose-value-infographic.html
Seems weird, right? My working theory is that EVs are being overvalued by the manufacturers with inflated MSRPs, and that the used market sort of reveals fair-market value in an unexpected way.
ICCU issue would be covered by recall if this unit was impacted. Recalls are listed on the Carfax, along with a repaired-already/not-repaired flag.
It has a single unrepaired recall… for a loose charging cap cover :)
I’m not a great automotive journalist, but I do try!
If you wouldn’t pay 1/3rd of MSRP for a car with about 1/2 the lifetime mileage left in it, you’re sort of proving why it’s newsworthy. A used ICE vehicle in the same condition would be snapped up with that pricing. Depreciation like that matters to folks when the product costs ~$40-50K new.
Most folks don’t buy self-driving anything. It’s about 12% for Tesla, and Tesla probably has the highest uptake rate: https://carbuzz.com/12-percent-tesla-owners-choose-full-self-driving/
For buying the base spec cars, Troy Teslike reports on that (i know more about Tesla off the top of my head, been doing research, their new average sale price has been cratering), and Tesla’s most popular models are the cheap ones. That’s important to folks like me because it kills profitability and so is newsworthy.
No judgement, that’s just the cards as they lay. I like knowing things, I’m a bit “special” that way, particularly for statistics.
Yeah, it’s a matter of taste on this vehicle being nice. Honestly? I’d get a lightly used Ioniq 6 for the same price, I like the Charger body shape, but if it’s equally fast, I think the 6 will be more reliable.
You seem to be misunderstanding the difference between MSRP and sales price.
MSRP is centrally or nationally set. Sales price is locally set.
Re-read the headline, you would have to misread what I actually wrote to get the understanding that you got out of it.
You’re using a lot of weasel words for somebody who called me the lazy writer :)
What percent are accurate, do you reckon? Should I update my headline to show multiple EV Chargers for sale at less than 50% of their MSRP, or just the one?
I count 9 at or below 30K, and the 10th is 31K.
LOL.
*Were in service, comrade. Were.
That feels… very responsible?
I mean, we probably shouldn’t concern ourselves TOO much with the profitability of a Google subsidiary and the pet project of the world’s richest man. I think they’ll figure out the monetization side of things. We should be laser focused on safety, which Waymo is certainly doing to a much higher degree than Tesla.
Love me some good Beeb coverage, this is great