Posted on 11/12/2019 10:36:01 AM PST by bananaman22
“They are expensive, and have less utility than a comparable internal combustion powered car.
Nice to have a four-door sedan that blows the doors off your next-door neighbors vette.
Well if Netflix can trade 300 times earnings why not Telsa?
But really they are only what, 20% more expensive than gasoline cars? Not really bad considering cost savings?
One thing occurred to me last night though. If you run out of gas 5 miles from a gas station you could conceivably walk 5 miles and buy a Gerry can. What do you do if your Telsa stops?
That’s kinda the point of manufacturing.
“Tesla is the Apple of the automotive industry.”
Apple is a trillion-dollar company with $250,000,000,000 cash on hand.
Tesla can do the same.
Yep.
I confess that I am actually surprised they are making money. I watched a youtube video that compared the various electric cars on the market. They tore down a sample of each to compare their construction methodology. They gave Tesla high marks for their drivetrain, but very low marks for the construction of the body, basically arguing that their manufacturing technique was extremely costly. That is, much more expensive than it needed to be. I’ve also heard that body repair to Teslas is also extremely expensive.
I’m sure the government subsidy for purchasers helps, and in the end that may be the only reason they are making money. i.e. if they had to reduce their retail price by the amount of the subsidy and there was no subsidy, I wonder if they would make money.
May be 20% more expensive, but built to last 5x longer.
Current specs are for million-mile longevity of all parts (battery included).
Vs ICE cars, that’s free (once the cash flow sorts out).
“But really they are only what, 20% more expensive than gasoline cars? Not really bad considering cost savings?”
A base Tesla S is 20% more than a loaded Camry. Cost savings? Did you even consider the cost of electricity? Or the cost of installing a 220 line in your garage so you can charge faster? Or that once you go 200 miles, or less, you had better find a charging station, and be prepared to wait for about 45 minutes? And like you said, if you run out of charge, you can’t go get a can of electricity, you’ll need towed.
It’s about being cool, and virtue signaling to your friends. You’d have to give one to me for me to drive one.
The other thing that will boost Tesla stock is battery sales. They will be selling a ton of them in CA due to all the upcoming power outages every time the wind picks up a bit. Most future solar installations will include batteries. It’s already happening.
Microsoft blew it with phones because they abandoned them. Win 8 & 10 for phones were and still are the best OS ever. I’ve got a 5 year old Nokia that I’ll keep until it dies, and then I’ll probably just buy a flip phone for calls. Won’t own anything Apple and my wife’s Android, while much better, is nowhere as user friendly.
Get towed, hook it up to a charger and wait 8-10 hours. Or buy the can, a gallon of gas and drive to the gas station, fill up and you’re on your way. Until that equation changes EVs will be an expensive urban only luxury.
I’ve done app development at 3 companies (two you know well). All wanted to make Windows phone apps, but there was practically zero demand.
Wow, really? That is unheard of. Game changer if ends up being true.
LOL. Honestly I’m on the fence and still on the learning curve with this trend.
I do wonder about the wisdom of charging stations. What use is it at the library if you are just running in to grab a few books and out again?
Already invested in our current family vehicles - both Hondas - for the next 15 to 20 years. Going to drive them until my feet go through the floor. Both gas of course.
I’m thinking 20 years down the line.
If we hadn’t already invested in a gas SUV the equation may work for my wife in Canada.
Drives 108 kms a day to work and back highway to another town. Cost is about $25 CAD a day, or $410 a month lets say.
So if we are saving 75% then our savings are $308 a month. After warranty and taxes our Honda Pilot was $25,000 but had to do a bunch of work on it so lets say $28,000. Cost of entry level Tesla and tax = 61,600. So at 3700 savings a year it would take 9 years to pay it back.
We also get a beautiful Tesla out of it. Although, my wife also brings 5 to 7 people up each day in the vehicle so not sure how that would work with the Tesla.
Don’t fixate on the charging station.
Most EVs are mostly charged at home. You rarely have to “refuel” because you already topped off every night.
Battery range will usually be more than your daily needs. Just plug in every night, like your phone, and you’ll be ready to go all day every day.
Having a charger at the library means: when you have to recharge away from home, you have something to do for .5-2 hours while charging. It’s not meant for use when you’re just rerunning a book and leaving.
Pretty good plan to get a car that pays for itself.
Some models can hold up to 7 passengers.
Barron’s is telling people that if you’re invested in Tesla, now is the time to trade it. I’m more inclined to believe Barron’s on this one.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.