Alex Profile picture
12 Mar, 4 tweets, 1 min read
Wolfgang Porsche main VW shareholder about the announcements from VW Management lately

"Don't take your mouth so full"

The Artemis project is according to internal sources delayed already by 6 months

Source "It's related to the current development maturity of the new software"
An internal VW source "Unrealistic targets have become a specialty of VW"

3 independent sources from VW confirm to BI that the 'Landjet' will arrive earliest 2025
Among other things, the VW source said the ramp-up curve within the new Car.Software.Org was too flat.

"However further development from 1.2 to 1.3 to 2.0 is not yet proceeding at the hoped-for pace"

That is consistent with today's remaining issues of the ID.3/4
Wolfgang Porsche is a decision-maker everybody listens to within VW who rarely speaks out but when he does it has a weight

The number of announcements we hear from VW and Audi lately is unprecedented but what they deliver falls short

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Alex

Alex Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @alex_avoigt

9 Mar
🇪🇺 Europe FSD Beta requested from Tesla to be approved by regulators

@UNECE please allow Tesla to make our streets safer
When Anthony Lagrange, Team Leader Automated/Connected vehicles & Safety- European Commission retweets an article from ArsTechnica that claims FSD Beta is not designed for FSD you know that they have zero attention to approve it

Please comment on LinkedIn
linkedin.com/posts/antony-l…
*intention*
Read 4 tweets
7 Mar
Tesla is growing faster in unit sales than any other automaker in the world

Don't allow percent growth statistics to fool you Image
Don't allow percent market share statistics to fool you!

You can lose market share in selected markets in percent but still grow faster than anybody else in unit sales globally Image
Example

If you sell 500k vehicles & your strongest competitor 200k - the difference is 300k

If the market grows 100% with 0% market share growth you sold in the next year 1M & your competitor 400k - the difference is now 600k

Even if you lost -10% market share you grow faster
Read 4 tweets
4 Mar
Ron Baron

"I happen to own 1,915,000 shares personally. I have not sold a single share and I don't expect to for another 10 years (...)

I think we are going to make a triple in this company (Tesla) in the next 10 years."
Autonomous driving worth $500m- $1Trillion in 10 years

"That could be a $40bn revenue business (...) that alone is worth the present price of the stock in 10 years"

"In addition to that, you gonna get a business in Tesla that I think gonna be $600bn a year in revenues (...)
Ron Baron continued

(...) and making $200bn a year of gross profits you get for free. A battery business that could be doing just about that much in revenues and a little bid less in profits. You get that for free. An insurance business. You get that for free. (...)
Read 5 tweets
3 Mar
German survey with 5k people

Which of these German automakers do you consider most likely to be competitive in the field of e-mobility?

The 49% bar is 'none of those"
The same question differentiated in political orientation
The same survey results split into age groups

Interestingly the 18-29 age group has higher hopes for German automakers to be competitive with Tesla
Read 4 tweets
2 Mar
When VW started the ID.3 design they considered it as a cheaper version of the Model 3 - a premium luxury vehicle

VW was surprized how fast Tesla was able to reduce costs despite making profits and make the car available in their price range

Now they struggle to find an answer
The pace of innovation, design, and improvement is the issue VW has

I talked about that endlessly in my articles

Tesla overtook them while they thought they still have time and now they have a severe problem
It reads like VW gave up on the ID.X already & just tries to somehow make it work and sell to survive a few years

They attempt to fix all the issues including autonomous driving with their brand new approach for the Trinity & Apollon in 2025 & buy companies & start partnerships
Read 4 tweets
2 Mar
The latest Manager Magazin article about VW & its attempt to match Tesla confirms my most negatives views of VW and corrects some of the positives I had to neutral

The situation is worse than expected

Recommended read for all Germans

I'll likely tweet about it in the next days
Every brand in the VW Group has selected its own cell formats & purchased them separately🤦‍♂️

That has led to 20 different 🔋 battery cell formats & internal chaos

Schmall Resort Technology

"the strategy for the future concept is not quite in place yet. We still need 1-2 months"
Diess is internally still not very much liked. One issue is that he continues to hire BMW Managers expanding his network with former colleagues

When Diess heard that Tesla intends to reduce battery costs by 50% he said

Diess, "It must be possible for us to match that"
Read 6 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!