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Edited Date/Time
12/4/2017 9:45pm
0-60 in 1.9 sec?
250 MPH?
600+ mile range?
If they can actually produce these numbers, some pretty significant upgrades are going to trickle down into the "affordable" EV lineups pretty soon.
https://techcrunch.com/2017/11/17/watch-teslas-new-roadster-show-off-it…
250 MPH?
600+ mile range?
If they can actually produce these numbers, some pretty significant upgrades are going to trickle down into the "affordable" EV lineups pretty soon.
https://techcrunch.com/2017/11/17/watch-teslas-new-roadster-show-off-it…
https://livestream.tesla.com/
Pretty awesome stuff.
The Shop
The market for E vehicles isn’t there because the costs are too high currently. Tesla doesn’t even own the IP to the batter technology. It’s owned by Panasonic and Tesla licenses it.
Once costs come down, technology improves, companies like Toyota, Ford, GM, VW, etc will be in the game.
They opened a Tesla store near where I work. It’s usually empty.
I would love a Tesla. Too pricey right now for most folks. And they need to produce/sale cars that match their insane over valued stock price.
With all the hype, I'd almost buy a position to short them (bet on their failure).
https://electrek.co/2017/11/02/electric-vehicle-tax-credit-expected-sla…
Even if the government wasn't going to cut it out, it was going to stop for Tesla anyway because it only applies to the first 200,000 vehicles that a company sells. Tesla is close to that mark.
How about we get rid of the fossil fuel subsidies while we're at it?
https://en.wikipedia.org/wiki/Energy_subsidies
I am confident they will become profitable in the not too distant future.
I guess it’s not that shocking when you see where it comes from. Always the same bunch that denies climate change and pushes fossil fuels. Propaganda seems to be the only strategy they have left at this point.
I’m a Tesla investor as well, and can’t wait to give Space-X some of my money. If people truly believe that these companies are going nowhere then they have their eyes half closed.
Right now it actually sounds like the big bottleneck is occurring on the Panasonic side of things. Reports say that Panasonic is not able to produce the battery packs as consistently as needed for the Model 3 to fully ramp up production levels. This has lead to big costs on the structure lines without the revenues from sales of the cars.
If the battery production issues get sorted, their cash flow issues improve dramatically.
As cool as the new Roadster, the semi truck, or even the P100D is, it's going to be the lowest cost Tesla that makes or breaks them. If they can start fulfilling the orders for the 3, their stock chart will look like a successful launch trajectory from one of the Space X rockets..........
Also, good luck with that 30 minute charge time on the tractor... do you realize how much available power (and infrastructure) it takes to do that? All that being said, one day, it WILL all come together and be feasible, just not quite yet. Btw, batteries are horrible to produce and extemely toxic when disposed of. Outta sight outta mind tho, right?
The battery disposal issue is a real issue, which is why it's been great that a car company like Tesla would spend so much effort working towards a closed loop system for their batteries. It's another example of Tesla doing things a bit differently than most other auto manufacturers.
Pit Row
Are these some sort of "secret" prop ups by the government just to Tesla that only people in the auto industry know about? That would seem odd, I would think that would have to be public knowledge so maybe you can provide a little more information about it? Tesla did take a government loan for $465M. They paid that loan back plus interest. Yes, the tax payer actually MADE money on that deal to Tesla. Now, they're not the only ones who took a loan.
How about we take a look at what the government did for GM and Chrysler and you tell me who is being "propped up" by the government with a $10B dollar loss:
https://www.thebalance.com/auto-industry-bailout-gm-ford-chrysler-33056…
https://en.wikipedia.org/wiki/General_Motors_Chapter_11_reorganization
And there is no need to keep quiet. Please speak up, I'm only interested in the truth. I just happen to think Tesla is leading the world to a better place. They just may well fail but there is no denying they've got other manufacturers scrambling and building their own electric vehicles. That may in turn eventually put Tesla out of business but they have sped up the inevitable and it's good news for earthlings. I'm willing to invest money in that, and if they go out of business and I lose it, oh well, I'll still consider it a worthwhile investment.
As Void asked, what secret funding are you referring to? Things like local tax breaks that nearly every single manufacturer of any large scale attempts to extort from states, counties, and cities? That's not any sort of difference than any other automaker.
Again, the real missing link with Tesla will probably be filled when they can achieve full production of the 3. That'll be the game changer. And I wouldn't doubt that a few years after that they'd probably come out with an even more inexpensive, smaller, "city car" that would be very successful.
I think that their technical progress has been enough to keep the money spigot flowing for quite a little while longer.
Rival Automakers Are Funding Tesla Through Electric Car Credits
https://www.bloomberg.com/news/articles/2017-09-25/funding-tesla-ticks-…
Elon Musk's growing empire is fueled by $4.9 billion in government subsidies
http://www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story…
Inside Nevada’s $1.3 billion gamble on Tesla
https://www.theverge.com/2016/2/8/10937076/tesla-gigafactory-battery-fa…
And of course Tesla wants to end the purchase subsidy, they will be the first automaker to hit the 200,000 mark, which means they will be the first to lose that offering to their customers while other automakers can still use it. It will be interesting to see how the Model 3 sales respond when that does happen.
I like their ideas and products and hope they are successful, the more competitors in a marketplace the better it is for consumers.
ULA gets $800M per year to do "nothing", and when they do something they charge 3 times what SpaceX charges.
Come on now. Seems like you guys are being a little hard on Tesla and SpaceX.
In the end, I hope they can make it work. I don't like seeing businesses fail. I'm a realist though, and not a fanboy, not blinded by the fantastic claims and the performance of the vehicles. In the end, if they cant make the numbers work, the show's over...and that would suck for all involved.
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