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"First German hybrid didn't appear till 2010 iirc." I can understand you not remembering correctly. You weren't born yet.
https://en.wikipedia.org/wiki/Lohner-Porsche
http://www.paicehybrid.com/tag/1906-mercedes-mixte/
The point of the links above above is that all-electric cars and hybrid-electric cars have been around for a century. (Actually, there were all-electric cars 150 years ago.) The battery technology sure has increased a lot, but that's not a Tesla invention either
SunnyvaleCA says"First German hybrid didn't appear till 2010 iirc." I can understand you not remembering correctly. You weren't born yet.
https://en.wikipedia.org/wiki/Lohner-Porsche
http://www.paicehybrid.com/tag/1906-mercedes-mixte/
The point of the links above above is that all-electric cars and hybrid-electric cars have been around for a century. (Actually, there were all-electric cars 150 years ago.) The battery technology sure has increased a lot, but that's not a Tesla invention either
Nice straw man. Nobody is saying battery in itself was "Tesla invention". And I'm perfectly aware of literally dozens of models of American electric cars sold at the turn on 20 century. It's all as irrelevant to today as Porsche "hybrid" of the same time.
As mod...
My point is that battery powered cars and hybrid cars have been around for a very very long time. It's not new technology and Tesla hasn't invented some sort of new "killer" technology.
Do you know electric cars have pretty much been perfected since 1938 but the oil companies and their loosely knit coalitions have blocked electric cars from ever becoming mainstream no matter how good they might be, they’re not profitable enough for enough people.
Online buying is a good long term move - dealerships add no value to EVs, they're $1000/car drag to ICEs.
Yep, this reminds me of NFLX move away from DVD into streaming-only model and all the howling that ensued. Proved to be right move long-term.
Hugolas_Madurez saysYep, this reminds me of NFLX move away from DVD into streaming-only model and all the howling that ensued. Proved to be right move long-term.
So, people will order Tesla's online just like they order streaming movies from Netflix?
Really?
revenue just keeps going up. Hard to figure out what a fair price is
Angry Tesla Owners Protest The Company's Aggressive Price Cuts.
That is cheaper than my 2018 Chevy Bolt I just got in December and even the lowest trim Model 3 is way better than the Bolt. Now I wish I waited!
Or put another way - Tesla delivers on promise of offering a $35K base level Model 3!
That is cheaper than my 2018 Chevy Bolt I just got in December and even the lowest trim Model 3 is way better than the Bolt. Now I wish I waited!
I'm really betting on Tesla's battery technology, which is more than half their revenue if I understand right.
Batteries are the limiting factor for solar power at the moment. With really good batteries, we might be able to replace most fossil fuels with solar.
This Tesla EV fandom thing is what?
Rin saysThis Tesla EV fandom thing is what?
I think Tesla appeals to those who are environmentally conscious, and do not want a hybrid like a Toyota Prius and are willing and able to lay down at least $35,000 for an all-electric car. I don't see gas going up to $4 a gallon with the way fracking is occurring in the USA.
There are enough consumers to support Tesla, but can Tesla improve its financial strength enough ? Its Altman Z score is very bad, and points to a large chance for Tesla's bankruptcy (sans some major breakthrough with battery technology).
Tesla isn't the "environmental hero." At this point, the Prius is a competitive car on its own merits
It also saw a record amount of pumped hydro used since 2008, a sure sign of the greater role for energy storage that is to come as the share of wind and solar continues to soar and more battery and pumped hydro systems, along with other forms of storage such as hydrogen and solar thermal, come into the system.
The performance and business model of the Tesla big battery has been a source of fascination for the industry since its opening more than 14 months ago. Tesla founder and CEO Elon Musk recently confirmed that the $95m facility was likely to pay itself back within a few years.
Tesla provides them a feel-good, cool car without the internal combustion engine.
In contrast, the EV is the fashion statement, the new designer shoe, etc, of the transportation world. Before EVs, ppl were driving ICEs like the Accord & the Camry, and then, during the run up of gas prices, hybrids like the Prius, filled some of the gaps in fuel costs.
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It's over $300, with a loss of $10/share, but revenue just keeps going up. Hard to figure out what a fair price is since it doesn't make money yet.
How would you come up with a fair price per share?