It’s stupid uniformed statements like that which will prevent me from ever respecting your opinions west. Just because people aren’t buying 3 million dollar houses with 7,000 square foot lots doesn’t mean a place is/isn’t affordable. Your arrogance is staggering.
There’s not $1 trillion in student loan debt? Because I thought that was what’s preventing people new to the workforce from saving over $100,000 as a down payment on a home and holding back the necessary DTI to carry a mortgage. Educate me.
It’s not an arrogant statement that homes are expensive in California, New York, Washington state and the DC metro area where there is net new high income job creation. If you can work out some alternative arrangement where you’re able to have a great career in a place where most people are underemployed and houses are $200k, that’s cool but it’s not most people’s experience.
I started writing a long response, am deleting it and am over arguing with you. Your ignorance is just staggering.
There’s a lot of dated government policies that incentivize straight people to marry, have children and purchase suburban homes and 2 cars. Some of these policies are incongruent with the realities of today’s workforce and careers that don’t last as long as a 30 year mortgage. I won’t even get into the social and family issues because we’re getting way off the topic.
$100 million to jump start the next 5 centuries of transportation is not a bad tax incentive. End of thread.
I guess you can’t read. It says right there in bold that they need to reduce battery costs and weight by 30-50%. Battery was the key word that you missed. You can apologize whenever you like.
That information is from Elon Musk.
hopes
- reduce battery weight by 30-50%
- reduce battery cost by 30-50%
- increase battery range by 30-50%
These are all highlighted in the ‘tesla goals’ worksheet. These are required to sell a Model 3 for $50,000 or less.
You can also re-think your ‘when they make the batteries on their own’. They’ve committed to Panasonic for the next 20 years. How are you this ignorant? You realise that’s who they partnered with on the new factory right?
Oh, and those rockets keep crashing or exploding. In case you don’t read the news. Again go do your fucking homework. You’re not impressing some 17 year olds with B5 A4s at the local road course meet. This is the big boy forum.
exactly. It’s like trying to have a rational discussion with someone who is high on LSD. And not that new shit…the hard shit that killed people in the 70s.
I like how he keeps saying things like a couple who make $500,000 a year are ‘middle class’ or no big deal. It’s an attempted humblebrag. Of course when the price of $91,000 cars are making his eyes water, you realise it’s not really a humble brag in reality. These are all dreams of his.
I wonder if west has conversations with himself in real life as well.
sakimono - the company won’t fail if they fail to reduce the weight of the battery packs. Your investment thesis is that everything needs to be perfect with no setbacks or the company will fail to realize a monopoly position in electric car production. In 100 years there will only be electric cars. These are the facts. Maybe you’re short sighted and should invest in things you know, like a local snow plow business. A driveway shoveled is a toonie earned.
I hope Tesla makes the Model 3 1000 pounds lighter than the Model S because it will go 0-60 in 2.2 seconds. Not that anyone needs that.
Is this a mid 10 second 1/4 mile? Looks like it. 10 car lengths over the P85D. Kind of makes your “IT JUST DOEZNT WORK” thread title seem misinformed, as this literally is the only thing that could get me in the 10’s in a 1/4 mile race. DA won’t cooperate on my Audi (and the clutch and the fuel and the weather and the moon position and the location of Saturn and the cross wind and the humidity)
You see what you did here, west? This is a model of your delusion and insanity. You have made predictions in this thread from a few years out, to 50 years out, and now 100 years out. And you call these things “facts.” If you cannot understand the disconnect with those statements, then you haven’t taken your medication today.
You can make decisions under partial certainty. There’s a thoughtful counterpoint to finite oil that intelligent successful people I know in the oil and gas business often cite: http://www.amazon.com/Power-Hungry-Myths-Energy-Future/dp/1586489534
http://ecx.images-amazon.com/images/I/51PVt6XI-1L.SX335_BO1,204,203,200.jpg
See here’s the thing, and this is why you’re fucking useless
YOU said they’d easily sell 1.5 million cars
YOU said this would be kicked off by the 3
YOU said the stock market is fairly recognizing growth
I made the points I did about a number of MASSIVE assumptions you’ve made in order for Tesla’s dreams to come true. Reality is a bit more shocking. Tesla is priced today assuming the same sales level that Audi is at today. They are also priced assuming the same level of profitability that Audi is at today. Your dream was they’d get there in 15 years by 2030…so the stock is priced for 2030 levels (that you hope will happen).
For Tesla to get to Audi size, it’s a massive undertaking. They need to grow 30 fold. They need to offer 12 vehicles across the globe covering the spectrum from small city cars like the A1, to midsized entry level luxury cars like the A4 and full sized SUVs like the Q7. Throw in an R8 to make the brand cool. They need to accomplish this in 15 years, rather than selling 1 vehicle that primarily only sells well in America. Not only that, but they need to do this on time, and profitably.
You read none of that. You just spun in circles. Smite, and soon you’re gone. You’re useless.
Audi is in a competitive position. Tesla is in a monopoly position in electric vehicles and there are no serious challengers, unless VW reinvents itself after this scandal. Over the century the balance of car production shifts to electric. This is the investment thesis. If you’re looking at a century shift quarter by quarter, you’re going to miss it. You’re right that the 5 year performance is baked in - there are convertible note offerings that have set expectations about where the equity may land.
Let’s focus on what you’re good at to salvage this thread with some info only you have. If the P90D Ludicrous is doing a 10.8 1/4 mile, what speed will it trap at? The estimate is the 0-100 MPH time is 2.2 seconds lower than the P85D, so from 8.6 down to 6.4 seconds (!). The APR RS7 achieves it in 6.7.
Tesla to open factories in Germany as “the limits of diesel and gasoline technology” are reached.
“Tesla CEO Elon Musk believes a 600-mile all-electric range is possible as early as 2017”. Would this change your opinion Sakimano if the car could go further than gasoline for free?
http://www.autoguide.com/auto-news/2015/09/tesla-ceo-believes-600-mile-range-obtainable-by-2017.html
Doesn’t he just say this shit for more funding and he’s always late to deliver? Not saying such a range isn’t ultimately attainable at some point in the future but it almost sounds like he’s trying to make people think he’s close to a break-through to get more onboard when that’s far from the actual situation.
Maybe I’m wrong but I don’t see a 600 mile range in 2 years…
Are you now focused on the hopeully, one day range? Because the economics (the reason the thread was started) still don’t work.
First you tried performance as the reason Tesla is incredible, and were shown that’s just not the case . It’s great at low speeds, and as speeds climb (aka highway speeds) it’s far less impressive. It’s competitors do just as well at low speeds, and trounce it at high speeds.
Then you argued $$$, but were slapped in the face with the reality, which is that it’s only saving you about 50-60% of fuel costs (not 100%) and that you have to pay a $30,000 premium vs. comparable cars (RS7 etc) so the $$$ argument is actually a negative for TEsla.
Now you’re arguing range based on something the CEO said he hoped might possibly, potentially happen in 2017.
Let’s re-focus.
The tesla model doesn’t work. It is worse than a regular car in many ways, and requires taxpayer subsidization to allow rich people to buy a luxury car at the expense of the environment, taxpayers, and usability. On top of this, Tesla is STILL losing a boatload of money and attempting to fund their incredible cash burn rate by selling stock on a regular basis to a market of primarily individual investors (the institutional money is not enamoured with fanboy arguments, and prefers facts).
It doesn’t work. It may work one day, but it is nowhere near working right now.
It is a fairy tale and will come to an end soon.
no it’s not a fairy tale. It’s a nightmare.
So it’s $132,000 for a minivan with retarded doors that will ensure your passengers in the back burn to death when you rollover, end up on the roof, and have a battery fire
Don’t worry though…there’s going to be a base model, with slow dog performance, absolutely embarrassingly bad range. All for the bargain price of $90,000.
Oh…and there’s also a bunch of Federal/State money that has been paid to soften the financial blow making those prices what they are.
Great success!