Thanks for hte in depth article - these cars look like the future. Ill sure as hell never buy one but i hope to see them on the road. Tesla needs a real competitor.
Thanks for hte in depth article - these cars look like the future. Ill sure as hell never buy one but i hope to see them on the road. Tesla needs a real competitor.
Neat. When it’s on sale and readily available I’ll believe it. We’ve heard a lot of electric cars that are “just about to come out” over the years... and yet there are so few options on the road...
You’re right about the 1/4 mile stats, it’s totally meaningless on the road and most people will NOT take their lucid to the track either.
How many times are you going to make the same point over again in this article, SBA? You’ve given us your assessment. Repeating yourself doesn’t make it more persuasive.
I hope they are successful. Tesla has given them a business model blueprint to work from, and I saw some shots fired across the bow concerning quality and customization.
But, no, yeah, the economy is -exactly- where it was in February in the before times...
We’ve been over this quite a few times... It is part of their business model and similar to the profits of any other aspect of a typical auto manufacturer’s profit. Tesla is an energy company, primarily an electric car manufacturer, but that is not its sole purpose. Also, they sold $5 billion in their stock to…
Etsy is on the S&P 500??!!
I think it is worth mentioning that they are burning through cash because they are building factories in China, Germany and Texas so they can build more cars to meet demand. It would be stupid not to raise more cash by selling more stock while the price is as high as it was. Companies do this all the time.
When I hear people talking about stuff like this, it makes me cringe. NO ONE should be investing in individual stocks until they are fully funding in a diversified manner whatever retirement accounts they have available to them. That may mean only an IRA, that may mean an IRA and 401K. Whatever.
I went to Best Buy last week, and the person who helped me at pickup was talking about how he had just bought TSLA because he could “finally afford it” after the split.
It’s classic bubble thinking: “the stock will go up because it is being added to the index,” vs “the stock will go up because the underlying fundamentals are good, which incidentally means it will be added to the index.”
Good luck out there if you’re an investor!
Drive that to the grocery store and tell me it’s the same thing.
Yes, they can charge an EV.
I agree in a “all-of-the-above” type strategy with clean fuels.
EV prices are too high, but that won’t be fixed without scale. You can’t get scale without competitive prices. Subsidies accelerate the adoption of EVs, and thus will bring down the price of EVs.
The biggest barrier to EV adoption is price point. Lower price points cannot be achieved without economies of scale. Its a chicken or the egg problem.
I don’t think those prices represent a bargain for 3-year old non-Tesla EVs. Who knows what the battery capacity is? Have they taken care to mostly keep the charge levels between 20 - 80% capacity?