EQS
Equus Total Return Closed Fund
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Solid-state EV battery maker debuts on Nasdaq after 745+ mile range real-world test
Solid-state EV battery maker Factorial is going public after a real-world test clears 745+ miles
Long time investment, estimated rocketing by 2025 [CYBN]
Mercedes EV Breaks 1,000-Kilometer Range Barrier to Outdo Tesla
#US EV Sales Overview | Highlighted
Mercedes Benz EQS 2022 ( Electric Car ) Hits the streets of Brooklyn for...
Buyer Rejects $50K Dealer Markup On Mercedes EQS, Gets Lucid Air
Mercedes EQS is the first car to legally drive autonomously on Europes streets
Deep Fucking Value in LG Display $LPL
Range: Now that Tesla's Plaid + is gone, it's Lucid Air (CCIV) vs. Mercedes-Benz EQS vs. VW ID.6
CCIV: Why the EQS has far inferior technology compared to Lucid
$DAI (Daimler) will rise tomorrow. Here is why.
Just out of boredom bought some 120€ calls for Daimler
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My wife hates it lol. Every couple years I get bored. Started with a Toyota Corolla, then a Honda Passport, then a BMW M340i, then a Tesla Model 3, then a Model Y, now I have R1S and an EQS 450+. Honestly, after all the fun I’ve had it might be time to just pay cash and get a nice long term car. Problem is that with EVs and batteries, I prefer a lease. :/
After owning Hondas, Toyotas, teslas, a Mercedes EQS, Hyundai Ioniq 5, etc. I can say with confidence that my R1S Quad is literally the best car I’ve ever owned. So good that I’m just going to get another when my lease is up.
Check out the EQS depreciation
From another comment since you're so invested in this: We live out in the middle of nowhere, they also have a EQS580 and cant drive to Toronto and back on a charge. Electrical vehicles where we are just isn't convenient yet, and also its a new vehicle with new tech in that vehicle. Never buy the first kick at the can with manufacturers, let them work the bugs out with someone else's vehicle.
We live out in the middle of nowhere, they also have a EQS580 and cant drive to Toronto and back on a charge. Electrical vehicles where we are just isn't convenient yet.
EQS for me as a european, hoping to buy one within couple of years.
I really love the Mercedes EQS and it is actually getting better and better. Hoping to buy one within couple of years.
They're still quite popular here in Barcelona, the taxis are transitioning from hybrids to Model 3 cars. Each day I keep seeing more and more Tesla taxis. The last week I was in Coasta Brava and the supercharger in Caldes de Maravella now has 16 charging stations and the only non Tesla that was charging was a Mercedes EQS SUV. I'm still happy with mine, Tesla still makes up the most EVs here then you might see a Zoe, BMW I3 or a Nissan Leaf. BYD have a sales office but I'm always seeing the same cars in the window.
How this is trump fault? 0 IQ if you want to blame, blame Mercedes to sell EV cars very expensive with banal features. Why would you get that if you can get in China a BYD,Xiaomi with higher quality and cheaper. Mercedes thought chineses would buy EQS overpriced cars? delusional
Hoovies Garage on youtube did a great 20min video titled >"The Mercedes EV sales disaster has the EQS depreciating over $80,000 in 3 years" and he goes over how premium EV's are just a non starter for the market that typically buys MBs and other high end luxury cars. worth a watch.
Just wondering though. How much of the climb in the price of the ICE vehicles for the last 4-5 years was to subsidize the R&D costs and losses on the EVs? Meaning if they walk back the EV strategy could they get more competitive on price. Who in their right mind buys a 100K EQS or Taycan when you can pick up a lightly used one 50k or less
I personally wouldnt buy them due to potentially supporting the CCP. Yes, I know most of our stuff is made in China. I personally am hoping to be able to afford one of the more premium Mercedes EQS or maybe even a Maybach within the next couple of years or so.
As it is right now but it is a starting point. Having used an earlier EQS (without level 3 or lidar) it can already do really good freeway driving on its own, changing lanes as needed etc. I am pretty much just touching the steering wheel to make it happy on freeways including at night or rain. So the new ones would only be better. The question in these things is always liability. Most companies do understand that they will be expected to be near 99.9% safe and they won't be compared to humans. So they will start slow, work with regulators and slowly expand their coverage area. Mercedes also worked with state police departments to create rules around car indicators when car is in level 3 mode so that cops didn't pull you over for not driving the car. There is a good chance such things will be required for actual self driving cars as they get approved.
...or Mercedes EQS, unless you're one of the "ohmygawd it looks like soap I want my 197x classic look" crowd.
For the price of that Cybertruck you can get an EQS SUV AMG. THAT is a smooth ride and an actual car....
See it from the other side. Manufacturers must publish enhancements to keep investors interested into the stock. Full self driving was a myth and will be a myth, even if it is technically possible you have the human factor in all of the other cars... constantly breaking rules, pedestrians, cyclists, motorbikes etc and for this reason no gouverment on earth will allow fully autonomous driving. And yes, it would be the death of the car industry. A shard autonomous car could replace 5-10 owned cars. Remember one EV manufaturere already said that their vehicles will drive back to the dealer autonomously if the car owner fails to pay the car loan or defaults on it... Was it Tesla? Mercedes with their EQS? Actually it was just a threat, and locking up cars by GPS is a very old topic at least in the USA, this exists since the eighties. But saying "the car drives away if you are behind of your payments"... My guess is that next corner a driver will wait and pick up the car.
You filtering BICS or GICS in your EQS?
Tesla has level 2 self driving (according to the SAE international standards on a range from 0=no automation to 5=fully autonomous) and a few features that get it close to but not quite to level 3. Mercedes-Benz S-Class and EQS, and the Honda Legend have level 3 and a few features past. Waymo has level 4, Cruise is currently testing level 4, and Oxbotica is testing level 4 with the backing of the UK government
Is there a list of cars made in the USA? Going to google, the answer is a mix, but is there a list that are exempt? Here’s a breakdown of vehicles with significant US production/assembly (as of late 2024/early 2025 - data can shift slightly): I. Vehicles with High US Parts Content and US Assembly (Generally Considered “Made in the USA”): These are the vehicles that consistently rank highest in both US parts content and are fully assembled in the US. These are often the ones people think of when they say “American Made.” Chevrolet Corvette: (Bowling Green, Kentucky) - Consistently one of the highest in US parts content. Cadillac CT4 & CT5: (Lansing Grand River Assembly, Michigan) - Good US parts content and fully assembled here. Chevrolet Colorado & GMC Canyon: (Wentzville, Missouri) - Mid-size trucks with strong US content. Ford Bronco: (Michigan Assembly Plant, Wayne, Michigan) - Very popular, and heavily US-made. Ford Explorer: (Chicago Assembly Plant, Illinois) - A mainstay of US production. Ford F-150: (Dearborn Truck Plant, Dearborn, Michigan & Kansas City Assembly Plant, Missouri) - America’s best-selling vehicle, with significant US content and assembly. Note: Not all F-150s are made with the same level of US content. Ford Mustang: (Flat Rock Assembly Plant, Michigan) - An iconic American muscle car. Jeep Gladiator: (Toledo Assembly Complex, Ohio) - A US-assembled Jeep. Jeep Wrangler: (Toledo Assembly Complex, Ohio) - Another iconic US-assembled Jeep. Lincoln Navigator: (Kentucky Truck Plant, Louisville, Kentucky) - Large SUV with good US content. Tesla Model 3 & Model Y: (Fremont, California & Austin, Texas) - Tesla is increasing US parts content, and these models are assembled in the US. Note: Tesla’s supply chain is still global. Toyota Camry: (Georgetown, Kentucky) - Surprisingly, the Camry is one of the most “American Made” Japanese cars. Toyota Grand Highlander: (Princeton, Indiana) - Newer model with high US content. Toyota Sequoia: (San Antonio, Texas) - Large SUV assembled in Texas. Honda CR-V: (Indiana Auto Plant, Greensburg, Indiana) - A popular SUV with significant US production. Honda Odyssey: (Lincoln, Alabama) - Minivan assembled in the US. Nissan Rogue: (Canton, Mississippi) - A popular crossover assembled in the US. Volkswagen ID.4: (Chattanooga, Tennessee) - VW’s electric vehicle, now assembled in the US. II. Vehicles with US Assembly, but Lower US Parts Content: These vehicles are assembled in the US, which provides American jobs, but rely more heavily on imported parts. Acura MDX: (Lincoln, Alabama) Acura TLX: (Marysville, Ohio) BMW X3, X4, X5, X6, X7: (Spartanburg, South Carolina) - BMW has a large US manufacturing presence. Hyundai Santa Fe: (Montgomery, Alabama) Hyundai Sonata: (Montgomery, Alabama) Kia K5: (West Point, Georgia) Kia Sportage: (West Point, Georgia) Mercedes-Benz GLE, GLS, and EQS SUVs: (Tuscaloosa, Alabama) Subaru Ascent: (Lafayette, Indiana) Volvo S60 & XC90: (Ridgeville, South Carolina)
[This site says](https://www.wboy.com/automotive/the-best-almost-self-driving-cars-available-today/) > Mercedes Benz Drive Pilot: Mercedes-Benz is the first company to offer self-driving tech that meets SAE Level 3 autonomous driving standards. This means the 2025 Mercedes-Benz S-Class and EQS Sedan, when equipped with Drive Pilot, can operate with the driver’s hands off the steering wheel and eyes off the road. This level of automation requires very specific circumstances and is only available on highways in and around Los Angeles, San Diego, San Francisco, and Las Vegas. > Tesla’s Autopilot FSD System: The “Full Self-Driving” system on the Tesla Model Y, 3, S, X, and Cybertruck isn’t capable of self driving, and is not even defined as a Level 3 system like Mercedes’ Drive Pilot technology. This means the driver must keep his or her eyes on the road at all times.
i3? It's very old tech and not manufactured anymore, you mean i4? It and ID7 are like 50% more expensive than 3/Y and not very efficient or great drivetrain tech. I7 is like a tank, super expensive and not that great as an EV. EQS is pretty efficient but also super expensive and thus not very impressive. Enyaq and Ioniq 6 are the closest ones compared to 3/Y and decent. Still quite much worse in efficiency and software.
The EV9 was one of the ones I was thinking of, the Ioniq 9 is literally new this year and still tough to get. As someone who was shopping this market, the Model X and EQS got knocked out for us for several reasons but I think simplest to say I don’t think they suit the traditional “3-row” suv market based on functionality, shape/size/storage. I was very hopeful for the EV9 but it simply wasn’t launched at the time and the same goes for the Ioniq 9 now. I do think both of them are solid contenders but similarly they do seem to speak to the potential market for Rivian based on how similar the vehicles are in many ways.
Model X, EV9, Ioniq suv, EQS
Having done some searches I found out that ev lose more value on Average than gas powered cars. 2020 EVs and Price Drops After 1 Year: - Ford Mustang Mach-E: Started at $43,895 (Select), dropped to ~$26,000, loss of ~$17,895 (~41%). Early adopter hype faded by 2021. - Tesla Model Y: Started at $49,990 (Long Range), dropped to ~$39,000, loss of ~$10,990 (~22%). Held value well for an EV. - Porsche Taycan Turbo: Started at $150,900, dropped to ~$106,000, loss of ~$44,900 (~30%). Luxury EV; 2-year drop averaged to 1 year. - Hyundai Ioniq Electric: Started at $33,245 (base), dropped to ~$20,000, loss of ~$13,245 (~40%). Discontinued in 2021, outpaced by Ioniq 5. 2021 EVs and Price Drops After 1 Year: - Volkswagen ID.4: Started at $39,995 (Standard), dropped to ~$28,000, loss of ~$11,995 (~30%). Stabilized after 2022 supply issues. - Mercedes-Benz EQS 450+: Started at $102,310, dropped to ~$61,000, loss of ~$41,310 (~40%). Luxury EV with steep initial drop. - Chevrolet Bolt EV (refresh): Started at $31,000, dropped to ~$20,000, loss of ~$11,000 (~35%). Price cuts helped sales, not resale. 2022 EVs and Price Drops After 1 Year: - Hyundai Ioniq 5: Started at $39,700 (SE Standard), dropped to ~$28,000, loss of ~$11,700 (~29%). Competitive mid-range EV. - Kia EV6: Started at $40,900 (Light), dropped to ~$29,000, loss of ~$11,900 (~29%). Similar depreciation to Ioniq 5. - Toyota bZ4X: Started at $42,000, dropped to ~$29,000, loss of ~$13,000 (~31%). Limited range hurt resale value. - Rivian R1T: Started at $67,500, dropped to ~$50,000, loss of ~$17,500 (~26%). Premium truck with decent value retention. 2023 EVs and Price Drops After 1 Year: - Tesla Cybertruck (AWD): Started at $79,990, dropped to ~$65,000 (est.), loss of ~$14,990 (~19% est.). Early estimate; Tesla loyalty helps. - Chevrolet Blazer EV: Started at $56,995 (2LT), dropped to ~$40,000 (est.), loss of ~$16,995 (~30% est.). Based on typical EV trends. - Hyundai Ioniq 6: Started at $41,600 (SE Standard), dropped to ~$30,000 (est.), loss of ~$11,600 (~28% est.). Similar to Ioniq 5’s path.
I was a bug fan if Tesla and Musk years ago, but not anymore. As a European, I plan on investing heavily into Mercedes and also getting an EQS in the next few years. I currently drive a brand new Kia hybrid for the last two years otherwise I would change it immediately. I believe the Mercedes build quality is much better and are catching up quite fast with Tesla's technology. There are also numerous models of different price ranges, so I believe they might see a renneisance so to speak.
I use the Bloomberg Terminal Equity Screener (command line: EQS). However, there are free screeners out there. TradingView has a great one that’s pretty customizable.
De jure, Tesla is L2. De facto, it is L3 at a level higher than the Drive Pilot system in that EQS article you mentioned. 40mph on very specific roads is not a good use case. All my Teslas have been able to do that for years at up to 90mph (now 85mph) but regulated to have a steering wheel nag which keeps it in L2 on legal grounds. Without the mandatory nag? It is high L3.
BMW is market leader with electric cars in Europe and the IX1, IX3, I4, i5 and I7 aren’t badly received at all since they look like their ICE counterparts… Mercedes? Yes. EQS and EQE aren’t well received optics wise…
EQS hast DRIVE PILOT autonomous system, even allowed in Germany on highways. I just do not know which prod year.
As an European, I will probably never buy a Chinese car, but I am totally planning on getting a Mercedes EQS at some point in the next few years. It actually is a premium car and then only thing that is missing is the autonomous driving, which I am sure will be improved in the next few years.
WSB Bools think Mercedes EQS AMG is a good car and it shows.
have you driven a Lucid? i have. i also driven a Mercedes EQS, i feel\* the Mercedes is more stable when you slam on the gas paddle and going fast. \*my opinion
Still waiting for this. EQS kinda sucks
Im very regarded in my community thank you. Of course I didn’t take the offer. The interior of the lucid is dick cheese compared to my EQS.
Not any more noticeable than a gas car. I get better range on this battery than I did with a Mercedes GLS which is about the same size. I know my Mercedes EQS does the balanced charging on 350kw - which is only being introduced on another EVs now. That’s the real game changer and is so close to filling up at a gas station as far as required time for a full tank/battery. I’m here right now actually hanging with my people. https://preview.redd.it/34qebryr3w3e1.jpeg?width=2850&format=pjpg&auto=webp&s=234917be5ed57646bedbea5530a846637f2fa058
Im planning on exercising the majority to avoid tax gains. My daily driver is a Mercedes EQS 580 and I charge it at EvGo. I get nervous walking away from my car to take a dump because it charges so fast.
Tell us about the Mercedes EQS plz
>It would have been a low cost but great PR moment. Tesla is more interested in actually achieving something useful. The three people who bought Drive Pilot probably won't end up crashing their pos EQS580.
wtf is wrong with you guys? you disagree, haggle over grammar and then solve it??? Okay to give you some input to the topic. Yes the EQ-line is done, except for some model updates e.g. the EQS coming out with lots of new tech. For the future there is the MMA-platform which can be used for Hybrid and EV-only. Then there is the MBEAM which will be fully electric and there was talk about a bigger EV-line which is scrapped afaik
it's more profound than just changing the name. They are not only dropping the name they are dropping the whole lineup, including their design imago of the EQ which was extremely aerodynamic shaped like a droplet. They are basically starting from zero regarding their design language of the electric lineup. They are also scrapping the their next gen platform for the EQE and EQS successor, this will save them about 5 bln however it is not clear how much investments they already made in the platform but in the billion's would be a safe bet.
Both numbers are wrong. They have it on 2024 EQS Sedan which is around ~125k but that's before any discounts which it has plenty. Annual fee is also 2500$. Having said that if I was in California, I would have still waited to buy it because it is fairly limited right now mainly to be used when there is heavy traffic on highways and flow is under 40mph but Mercedes' level 2 does a decent job on that anyway. Once they enable it for full highway speed then it may be a different story.,
Or you could go drive a Mercedes EQS with actual Level 3 autonomy, which Tesla doesn't have, and see how far Tesla is behind in self driving. My local dealer literally uses them as loaner cars because they're so fucking ugly. Or you could go to San Francisco or Atlanta and actually ride in a real self driving Waymo taxi and maybe while in it take the time to read how many man hours of driving with a human in the driver's seat happened before they were allowed to drive around unmanned. Tesla isn't going to suddenly go from Level 2 to Level 5 overnight and even if they do roadways are owned by government agencies, those things will need years of testing to get government approval. Of course none of this matters because it's just a fairy tale to pump the stock and distract people from declining car sales and no plan on how to reverse them.
Why do companies franchise? Why does Uber use independent contractors? To answer your first question, to begin with, that's what Elon Musk has literally said several times. You will buy the car from them and they will take a cut managing it for you when it's being used as a taxi. But, to further explain why that's a better business model in the eyes of Wall Street, Tesla gets to sell a vehicle and book immediate profits (and it apparently won't be an existing Model 3/Y like previously discussed so new cars will have to be purchased). Yet when (if) it rolls out Tesla still retains a big chunk of the taxi profits because those cars will only be able to connect to their app (unlike an Uber driver who could switch to the Lyft or a delivery app). Meanwhile Tesla maintains none of the costs or liabilities associated with building and owning a fleet of cars that need to be insured, maintained, cleaned, etc for a business model that's still in its infancy. All the while Tesla can turn insurance, cleaning, etc into profit centers that would otherwise be expenses if it's their own fleet. At any point in time in the future, if the model shows success and they're leaving money on the table they can always raise the percentage of what they keep without changing a thing (ala Uber) or begin to build their own fleet in their most profitable markets first while always leaving unprofitable routes to the poor saps who bought the car thinking they'd get rich from it. Lastly, if the model proves to be a bust as a whole or in select markets, Tesla still recorded the sale of the cars and is really just out the cost of developing the app. But let's be honest. Wall Street loves short-term profits and good stories. For years Tesla benefited from insane growth. Now they're sitting on huge new factories and selling less cars than a year ago and the cars they are selling aren't as profitable because they've cut their margins. Their only new product in years (CyberTruck) has sales closer to S and X's than 3 and Y's. Opening up their charging network to companies like GM is a smart long-term move but short term there's not a lot of meat there because it's just not that many drivers yet. So Tesla desperately needs a good story to distract large investors and if there's a business model Wall Street understands and loves it's the old sell a razor and book profits today and then sell razor blades and book profits tomorrow model. The days of simply distracting retail investors with robot maids or jumping on whatever is trendy (AI) is over. Of course their challenge is the only cars to make it past Level 2 autonomy, other than things like Waymo taxis, are the Mercedes S class and EQS and I think maybe the BMW 7 series. They're Level 3 autonomy. Basically Tesla fucked around and let the world catch up and now surpass their technology. So long-term pay attention to how much R&D they're spending in comparison to competitors because right now they're literally telling you the future of their company is on a feature they're trailing other car companies in. Yet also, this is currently a meme stock; Real life means nothing. But there are plenty of large Wall Street investors that are getting nervous that there aren't enough retail investors to keep the stock rising and they're afraid of getting stuck holding the bag of it starts to sink. That's why they're starting to ask the same business questions they would of other car companies. So Tesla is hoping to pacify them with a nice sounding story.
As per Bloomberg EQS, sorry not violating my license to post a screenshot to Reddit, lol.
It's all relative. It's in the same class as high end Model S/X, MB EQS, etc.
Yeah Musk's dumb behavior combined with his distraction and inattention is a huge turn-off to not only investors, but also potential customers and workers. And it's coming at the worst times because competitor BEV makers have started making much better electric vehicles with better tech and driving, safety, handling and service, at lower price points. So even for totally apolitical people unaware of Elon's dumb antics, there are just far more options with superior value that make a Tesla not worth it to purchase (or used at best). My big extended family isn't too political generally and all over the spectrum for those who are, since 2020 several have been in the market for an EV with Tesla topping most consideration lists early on. But ultimately, *none* of us wound up going Tesla--Hyundai (both Kona and Ioniq) and Kia mostly ruling our roosts, one Polestar, couple VW's (ID.4 a "sleeper" high quality EV), my BigLaw attorney cousin finally settled on a BMW (i4--2nd choice was Mercedes EQS and 3rd the Audi Q8, Tesla falling to near bottom after it'd been at top of his list at first), and most recent purchase a Honda (Prologue). Even the one we thought almost sure to get a Tesla (used) is now gravitating towards either a Volvo or Toyota EV (bZ4X) with the new purchase incentives, or even a used Bolt or Leaf. And for all of them as far as I've heard, it wasn't even Musk's Tweets or politics (two of them hard-core Republican, one even a MAGA who somehow also became an EV fan), it's that Musk has gotten so distracted and addle headed (all that ketamine?) he's running the company into the ground so a Tesla isn't a safe purchase and bad investment as a vehicle, and they're worried about servicing or re-sale few years down. There've been horror stories about Tesla's being hard to insure and nightmare to get replacement parts, with multi-months wait and bad servicing (Musk firing much of his service department not helping), issues with brakes and suspension that make them dangerous to drive, [highest accident rate of any car ](https://www.forbes.com/sites/stevebanker/2023/12/18/tesla-has-the-highest-accident-rate-of-any-auto-brand/)and many of these severe, minor dents or fender benders totalling a Tesla and FSD and Autopilot being a mess (with all the broken promises). These kinds of deficiencies need focussed attention and improvements by the CEO, and instead Musk is basically spending each day putting out dozens of Tweets how much he hates Ukraine and loves Putin? (I mean, WTF in general, is "pro-fascist imperialist warmonger" now supposed to be a "conservative" value even?) Even for the most apolitical potential customers, Musk going off the rails means his cars aren't a good buy anymore, too risky and nowhere near the cost even of the reduced quotes. And this is all happening just when both the legacies and new EV makers hit the market with ever more appealing models.
$VPRB EQS-News: VPR Brands (VPRB) Reports First Quarter 2024 Financial Results Key Financial Highlights for Q1 2024: Total Revenues: $1,518,759, compared to $3,081,021 in Q1 2023 Gross Profit: $476,856, compared to $523,673 in Q1 2023 Net Income: $203,059, up from $25,314 in Q1 2023 Operating Expenses: $646,866, compared to $404,665 in Q1 2023 Net Cash Provided by Operating Activities: $23,444, compared to net cash used of $281,528 in Q1 2023 Total Assets: $3,103,269, compared to $3,191,246 as of December 31, 2023 Total Liabilities: $2,285,900, down from $2,576,936 as of December 31, 2023 https://www.otcmarkets.com/stock/VPRB/news/EQS-News-VPR-Brands-VPRB-Reports-First-Quarter-2024-Financial-Results?id=441001
Not big on analogies, eh? Not surprising. Analogies can be exaggerated to prove a point. Otherwise they would be called "comparisons". Let me try this one more time: Unless you have travelled in your car with the driver's seat empty, YOU HAVE NEVER BEEN IN A SELF-DRIVING CAR. You are comparing various levels of driver assistance. Unless you drive on specific geo-fenced roads in California or Nevada, you haven't fully experienced Mercedes Drive Pilot, either. Basically, you are probably comparing Tesla driving assist to a feature that you likely have never experienced in your Mercedes (assuming it exists). You don't own a self-driving car, and I doubt you own any of the cars you talk about because you're afraid to post the specs. Drive Pilot is only available on S-Class and EQS Sedan, which one do you have?
Make it an MB EQS and I'm on board.
$VPRB EQS-News: VPR Brands (VPRB) Reports First Quarter 2024 Financial Results Key Financial Highlights for Q1 2024: Total Revenues: $1,518,759, compared to $3,081,021 in Q1 2023 Gross Profit: $476,856, compared to $523,673 in Q1 2023 Net Income: $203,059, up from $25,314 in Q1 2023 Operating Expenses: $646,866, compared to $404,665 in Q1 2023 Net Cash Provided by Operating Activities: $23,444, compared to net cash used of $281,528 in Q1 2023 Total Assets: $3,103,269, compared to $3,191,246 as of December 31, 2023 Total Liabilities: $2,285,900, down from $2,576,936 as of December 31, 2023 https://www.otcmarkets.com/stock/VPRB/news/EQS-News-VPR-Brands-VPRB-Reports-First-Quarter-2024-Financial-Results?id=441001
Not me. I never short companies that consistently make what I want and like. Now Tesla? I’d short that until I get an EQS
I get what you’re saying but a car salesman’s job is literally to make sure you buy the car and accessories/warranty for the most amount of money possible. They aren’t your friend or there to help you make an informed decision in any way. I think that’s most people’s misconception. Every dollar they can sell it for over what you want to pay is money in their and the dealers pocket. There’s nothing wrong there- it’s just the fact that people think they are your Agent, which is where they feel like they were scammed or wronged. If you go into the transaction knowing they have no fiduciary duty to you , you will be able to make informed decisions and negotiations. Customers don’t realize they have all the power. I own a dealership and all I can’t say is if you are not a time waster and have a REASONABLE offer we will take it 99% of the time. People seem to think they can come in and pull a number that is unfounded out of a hat and start negotiations there. That doesn’t work. If a customer doesn’t even do bare bones research to protect their interest that shouldn’t be the dealers money. I don’t know what you do for work but if a client or supplier offers you a price that’s way under market you won’t correct them and pay more or less. You are looking out for yourself! That being said, even if you do force all manufacturers to sell a car for a set price, that doesn’t stop them from gatekeeping the desirable specs/colors/trims. They will all sell it for let’s say a MSRP of 10k but then will only sell it to you if you buy the warranty and other packages. The bottom line is that the dealer only cares to earn a reasonable profit, and for some cars that’s 20k over MSRP and others like the Mercedes EQS 50k under. The market dictates what the price of a car should be , and by forcing set pricing , it just leads supply imbalances
It's a dumb comparison because people in the market for a new S-Class or EQS probably won't be looking at Teslas. I think you're mad because number bigger.
It means almost nothing. >Mercedes-Benz's take on Level 3, available through a set of features call Drive Pilot, only works in clear weather, during the day, on some specific freeways in California and Nevada, and only when the car is traveling less than 40 miles per hour. Finally, it's only available in Merc's EQS and S-Class sedans.
You sure about that? Mercedes-Benz's take on Level 3, available through a set of features call Drive Pilot, only works in clear weather, during the day, on some specific freeways in California and Nevada, and only when the car is traveling less than 40 miles per hour. Finally, it's only available in Merc's EQS and S-Class sedans.
EQS ugly. Why couldn't they just reuse the body of an AMG or something.
I think EQS owners already are using autonomous driving... in the backseat, while driver drives.
Mercedes-Benz's take on Level 3, available through a set of features call Drive Pilot, only works in clear weather, during the day, on some specific freeways in California and Nevada, and only when the car is traveling less than 40 miles per hour. Finally, it's only available in Merc's EQS and S-Class sedans. All of that may not sound terribly exciting, but what makes this different from other, similar systems, is that if all conditions are met, the driver can take their eyes off the road, and let go of the steering wheel without the car nagging. Tesla's Autopilot and FSD systems require the driver to react and take over in all scenarios, meaning they officially fall into the Level 2 category.
I'm in the automotive industry, sales in particular. We have 43 EV's in inventory right now all with $10,000+ discounts and can't get anyone in the door on them. Same goes for all brands in my group. Our Mercedes store has EQS' discounted almost $30k off MSRP. On the flip side we can't keep ICE or Hybrids in stock and all are selling for sticker.
Mercedes has more EVs than just the EQS. People meme the egg shape but the EQE sedan is actually a damn good car.
People are actually buying the EQS?
Uncle bought an EQS instead of a model S. but this was down to the shitty interior materials and build quality of the Tesla
Tesla is €44,000 with 455 kl range https://www.tesla.com/nl_nl/modely/design#overview EQS is similar but at €80,000
Range, software, speed charging for the $$$ The only competition is Mercedes and I don’t want to spend 90k / 100k for an EQS.
This is perfect, would you be kind enough to post a video of your EQS and Model Y doing the identical level 2 drive in a side by side comparison so we can all see it in action?
Tesla fanboy detected. You forgot that if level 3 isn’t running, than level 2 runs which does all of what Tesla‘s Level 2 does, just far superior. But that’s my personal opinion as an EQS driver. Our Model Y just sucks ass in comparison when it comes to driving assistance.
well when you try new stuff some of it is going to land and some of it isnt. if you want something that isnt polarizing, your only choice is to pick the safe option every time and id rather companies make this stuff than make the same boring cars as usual. so many cool concept cars out there, but by the time they enter production theyve been dumbed down to a fucking generic ass car. look at the mercedes EQS, ugliest piece of shit ever, but the concept was one of the coolest designs ive ever seen. im never going to buy a cybertruck, but i can still appreciate that they put the time and effort into making a car that looks like absolutely nothing else on the road
Yes, millions do. Do people actually like Tycans and EQS ? My Rimac Nevera is miles better.
Honest question: does anyone honestly like Tesla cars? I drove an Mercedes EQS and a Porsche Taycan and found them to be miles better than the Tesla Model S
Full spec Seal is 40k€, full spec Han is 50k€ - both including 19% tax. (Both cost less than $30k in China) The EQS, which offers less space than the Han (it’s between E and S class, while the eqs is a downgraded E class IMO), costs between double and triple the price of a Han. In December Mercedes was desperate to sell me an EQS. Not some dealer, Mercedes themselves gave the order that all EQS in stock have to be sold, no matter the discount. They offered me a 6 month old car, 2000km on the clock (that’s like what, 1200 miles?) with a discount of 45%. Same goes for other models that catch dust in the store. I have a consulting contract with Mercedes and I am allowed to share that the hybrid high end models, especially the C63 are not being sold, they are breaking the record of worst selling Mercedes EVER.
And that is absolutely correct. The most technological advanced industrial robots are currently cobots, yet their sales are fairly low since the additional costs only are worth it in very unique situations. Getting back at cars, Mercedes holds the record of the longest range driven year over year and they are two levels above Tesla in driving assistance. But one EQS also costs as much as 4 Model 3.
That’s a strange way of looking at it. If you think Mercedes knows what it is talking about - then a slowing transition to EVs is certainly only BULLISH for the EV-company if you’re highly regarded WSB. Regarding the „not making money“ - that’s BS. I read the original message from Mercedes in German just again and it doesn’t say that. Contrarily while figures for models aren’t laid open for Mercedes it is expected that they are earning pretty good on EQS and EQE. EQS was quite profitable per unit even in 2021 - though not as profitable as the ice s-class (but that has a very high profit margin - supposedly above 20%).
It's a $95k EV SUV competing in a market that is filled with alternative options for half the price point. It is a luxury car that will cost well over 100k. Mercedes already has an SUV (EQS) for that price point with similar range and higher build quality than lotus ( seriously, not the best quality). Audi is 20k cheaper with same options and roughly the same milage. The only other car that I can think of at this price point is the Hummer EV which weighs >9000 lbs and is 100% tax deductible - something wealthy people who can buy these types of cars look at. Not to mention it looks like the Lamborghini SUV.
It is not trading down today because of those news, at least not alone. Polestar is going down this week mainly because Rivian and Lucid had bad ER:s with bad guidance for 2024, basically expecting little to no growth. I believe the market is pricing in a similar bad guidance for 2024 from Polestar at their ER. The difference is that Polestar has 2 new models for sale in 2024 and production in the US and South Korea in addition to China. The entire partnership that they have with Volvo Cars will continue operationally, just not financially. Geely will take over most of those shares Volvo Cars are distributing to their shareholders, and Geely will become a majority share holder directly as opposed to indirectly. This is shuffling papers around, doesn't really have that big of an affect other than that there'll be a few more shares owned by retail and institutions than before. Polestar's financial results for Q4 and FY2023 will most likely be in line with 2022. This is because their sales were almost the same YoY with a small growth of 6%. This is while only having one model for sale and with the headwinds that EV:s are facing right now. With the introduction of two new models in 2024 I believe that even though EV:s are facing headwinds, we will not see similar stagnant guidance for sales in 2024. We won't see as big of a target that we were expecting a couple years ago, but it will most likely not be stagnant because of these two new models. Furthermore, production in the US of their high-end Model X and EQS competitor is good for potential US sales. Production of their Polestar 4 for the US and Korean market will be in South Korea as opposed to China to avoid the tariff in the US on Chinese-imported cars. Polestar 5, the Taycan and Tesla Model S competitor is also slated for release this year. What I believe is needed from ER next thursday is not stellar financial results from FY2023, we know what it'll look like already and the market has priced that in, what we need is good guidance and good information about production start of Polestar 3 and ramp up of Polestar 4 production. In addition, news regarding funding would also be welcome. As it looks right now, with current cash burn, they'll survive until end of 2024 or thereabouts. So they need to secure funding, preferably announcing that at Q2 ER. Polestar is an interesting investment. It's a new player with the backing of major players (Volvo Cars and Geely), but one that is currently facing headwinds on account of high-interest rates, production delays and general EV adoption problems in the US specifically. Polestar does however operate on a global scale and is just now beginning to enter the Chinese market for real (how ironic is that considering they are producing in China).
New car broker here, the ONLY way to get someone to buy an EV is by giving them away. You can lease 80k EQS in the $700s. E Trons in the $700s. Next month they will be giving away Taycans. Rich people don't want them either which means it's not price driven. Mach E is in your price range and they are stacked up all over the place, no one wants them, they will have to give them away to move units. Hybrids are the future for 70% of the population. Polestar, Rivian and Lucid won't last thru 2024, they are toast.
I mean the 2024 Mercedes-Benz EQS sedan and S-Class will be the first U.S. models to have SAE Level 3 autonomous driving. They're beating tesla
$EQS up 25% this morning too! small caps are HOT
Mercedes EQS Sedan, BMW iX.... USA competition is softer but heating. China competitors Overseas will be its biggest challenge
Doesn't Volkswagen and Mercedes have the biggest EV catalog? I mean, people are discounting German automakers way too soon and easily. Their cars are great, from the ID4 to the EQS to the Porsche Taycan. They need some more range and better pricing but then their cars are fine.
Yeah 300k EV from a random brand is more regarded than the people in this thread. People are only going to drop big money on established brands known for exceptional coachbuilding, so at the bottom end you have Mercedes EQS and Bentley Bentayga and at the top end Rolls Royce Spectre. The Merc and Bentley are cheaper than 300k! Mercedes EQS 53 AMG starts at $150k. Build quality on the new EQS is out of this world too. I assume Rolls will release an Electric Cullinan shortly too which will win out this class of vehicle.
I saw a Mercedes EQS charging at my supercharger. All the Tesla drivers were crowded around nervously watching like scared grandparents. It worked. Bullish.
My client has a Mercedes EQS, and - again - it adds luxury to a lesser product. I got to ride in it for a trip to Orlando, and it's a nice car. But it doesn't have the efficiency of a Tesla of equal size and weight. Again, judging cars by the luxury and do-dads they throw on them is a poor way to judge a car. By those metrics, Hyundai and Kia hybrids are obviously 'better' than Toyota's hybrids, except that they hilariously aren't. I'd trust the Toyota to last past 300,000 miles without major work, but the Korean-couple don't seem to engineer their cars as well. But, bow howdy, they come with better radios and nicer interiors - so they must be better.
Yeah LCID is fucked. Their cars are way to expensive and are shit compared to other EV luxury cars. I don't think Lucid has a very bright future. They have been burning cash like crazy, and will go insolvent soon before 2025. Without extra cash injections from the Saudis. And still hasn't even met their delivery targets or turned any profits yet. Their products are just not competitive enough to grab share of the market. The cheapest Lucid car cost 75K $ and you have to pay for extra upgrades and with full features it'll land over 100K. And it doesn't have any automated self drive feature. Why would anyone spend 100K on that shit when you can buy the new Mercedes EQS with all features included and automated self driving feature for the same price of 100K. The Mercedes has leather calf skin interior and whole interrior is wood and leather totally high tech space ship luxury. Where the standard Lucid has fabric seats, and plastic interior and looks like fucking shit.
The price of EQS is insane! And it looks hideous. I test drove bmw i4 and tesla model y. Model y was cheaper and much more family friendly than the bmw. Sure bmw had a slightly better interior, Tesla excited me a lot more. Tesla is built an EV from the ground whereas these other manufacturers share the platform with their IC cars and as a result dont have the freedom Tesla has.
Did you drive a Mercedes EQS or a BMW i4 or ix1? They make teslas look like a garbage can on wheels.
Regarding No. 2: it was a statement on the shareholders meetings of BMW and Mercedes that their EVs are profitable per unit. What they didn’t say is by how much though Mercedes stated they earn less per EV but a lot more than VW which was barely breaking even. This has been achieved by end of last year so I don’t see why EQS and EQE & Co shouldn’t be profitable. Regarding No. 8 - partly true though the mapped parts are mostly relevant large cities (the L3 only goes until ~30mph) which is what it is intended for. I don’t see it as a game changer but they achieved it before Tesla and their L2 also proved more reliable and better at recognition than Teslas current FSD. Again, this can change fast but as of RIGHT NOW Tesla has lost any edge it had there.
RTX, Mercedes, Microsoft Rtx: war is coming, or at least all need to prepare for war. 10 billion repurchase program, stock tanked and is cheap and problem will be solved in 2024. Mercedes has highest profit margin, 5% dividend yield, very cheap, first autonomous driving, EQS series is so much better than any tesla. Microsoft should be in every depot as long term investment.
If the god awful new BMW iX, BMW 7 series and Mercedes EQS can sell, anything can. Many people who spend over 100k on cars are apparently blind.
Lucid make the best engineered EV. Sales will gradually improve. Price point is high because they are intially making a Mercedes EQE/EQS competitor. Go look at the reviews and technology before hating on the company. Saudi will support until t gets established. SUV will sell x4 times the Sedan easily. Another partnership with CEER coming to build a cheap 25-35k car with Foxconn. That partnership will infuse a lot of cash into Lucid. Hate all you want, but I'm telling you, this is the time to buy heavy. Or you can wait 1-2 years and kick yourself.
He is not correct and my comments are based off experience being employed in the team that worked on the battery manufacturing of the EQS.
Agreed, my biggest gripe with the Tesla ( I had a model S ) is that the price doesn’t match the car, you could buy a EQS ( mercedes s class electric) for the same price and it would be wayyyy nicer. The other issue is their service centers are terrible, I had a couple of minor issues that were difficult to take care of due to their lack of availability. We shall see how the car does over the next few years but parts availability and service center availability should be much better than tesla and other ‘exotics’
That's the thing, we aren't necessarily talking about EVs only. We're talking about a cheap car in this context, which you can get with a better build quality from almost every other car manufacturer and sometimes you can get them for cheaper. You also *can* get a better EV from most other car manufactuerers, even for the price. The issue is the range, which isn't a huge deal for most drivers. The Kia EV6 and Hyundai EVs are considered some of the best quality per dollar EVs on the market right now in the US. Their main issue comes down to range with the Kia EV6 GT rated at just 273 miles. Look at this list: https://www.edmunds.com/car-news/electric-car-range-and-consumption-epa-vs-edmunds.html When comparing on paper, Tesla wins. When comparing them in person, basically everyone else wins. Genesis GV60 charges in under 15 minutes which is what Tesla's main promise is. Ford is getting access to Tesla charging network too. Mach-E goes further than tesla model 3/Y in real-world tests. Mercedes EQS also goes longer, has higher build quality, and is much much nicer. Meanwhile my friend who just got a tesla already had to replace his door since it simply stopped opening one day.
Overpriced relative to what competitor? They have the best electric full size SUV at a similar or lower price to their competitors (iX, Model X, Q8, EQS, Hummer)
Fuck no dude. For anyone who actually like cars and also like EV - teslas are built like absolute shit. The tire wear is insane, creaks and rattled everywhere, atrocious service, fuckery with pricing and selling vapor ware like FSD… I love cars and would love a Silverado EV or an EQS. But never will I put my family in a Tesla. They had fucking control arms snapping off randomly dude. The cars phantom brake for no reason in the middle of the highway. It’s insane these are approved road worthy imo.
Your legacy auto cultism is leaking again. Mercedes is playing catch up due to a failure to innovate and poor leadership. No amounts of misleading, biased copium comments will change that. I can’t wait to see Mercedes scale their amazing “Level 3” system to their entire fleet of cars as well as more than a few roads. When will that be? Maybe someday Mercedes will have an operational design domain that doesn’t restrict the “Level 3” system to like .00000001% of all roads and driving situations. What a remarkable achievement! Wow!!! and now you’re comparing the EQS, which is a sedan to the Model Y in the moose test? Lol. Why? A legacy auto cultist shill would try to make that comparison. Sad. Here’s a comment from the YouTube video you linked to: “It’s very close. Just remember it’s an SUV vs a sedan. the Mercedes has rear steering and double the price. Tesla has a higher center of gravity yet still performs as good. If you can’t see that you might be bias 👀” Maybe try looking up the Model S in the Moose test. An EV fleet larger than Tesla’s? Oh boy…? nice copium. Congrats to Mercedes on spreading out their few EVs across more models. What an amazing achievement. Wow. Mercedes must have like 30% of the EV market with this incredible strategy. I like Mercedes. I don’t like the lying/misleading cultists.
>Mercedes EQS was by far the most technologically advanced electric on the market in terms of performance. LMFAO
It's not? I've driven Volkswagen's ID3, a Fiat 500e and a friend of mine owns the Mercedes EQS. They were all very nice cars. Hell, Mercedes offers an electric counterpart to all their mainstream ICE cars, bar the SL, A, B and CLA series. In fact at the time of it's release, the Mercedes EQS was *by far* the most technologically advanced electric on the market in terms of performance. People can keep repeating this "legacy automakers" are doomed, but I just don't see that. Seems more like wishful thinking by Tesla cultist and shareholders than a reality.
Mercedes EQS: Terrible brakes Terrible handling It weighs too much Too many screens Cost too much Looks funky Not enough headroom