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FortWayneIndiana saysI still think it's just a civic with an electric motor at the end, just a bit more horsepower and a different logo
Lol just a 'bit' more horsepower. Top of the line Civic type R has 306 hp and 295 lb/ft torque. Tesla P100D has 600 hp and 950 lb/ft. Just a bit.
They are cute if you never get out of the Bay Area or few parts of California. If you got to drive anywhere, good luck, there are no stations, you'll be hitching a ride. It's a very expensive electric motor toy for those with money burning their pockets.
Actually, the Porsche all electric is only going to cost $85K, with 600 HP & a brief re-charge window like some 15 mins per 80% capacity.
And this is where I draw the DeLorean comparison because although I wasn't born at the time, when John DeLorean unveiled his first beauties, they looked space-aged, aerodynamic, and all that jazz, inspiring the NASA loving generation, just slightly older than me
need a special charge station to charge, and completely unproven. They are cute if you never get out of the Bay Area or few parts of California. If you got to drive anywhere, good luck, there are no stations
undoubtedly going to have to pay a lot more than $85k.
Just one more rebuttal of the Delorean comparison: Delorean shipped about 9000 DMC-12's in total. Tesla has shipped well north of 300,000 units and their sales figures are still accelerating. And I would argue that Tesla's design is in some ways better than the Delorean... The Teslas have simple, smooth lines. They don't look jaw dropping but they sure look nice and clean. The DMC is iconic, but boxy and awkward.
Tesla with a Corvette like performance
Instead of writing a $60k check for a Corvette, I wrote a $90k check for a Tesla with a Corvette like performance with 4 doors.
So far, I’ve been extremely happy with the car while I’m saving money on gas.
I am not into status symbol,
I also get to give family and friends, who are into saving the planet and driving priuses, a hard time for driving an ICE car.
E-man saysSo far, I’ve been extremely happy with the car while I’m saving money on gas.
Hmmmm..
$30k buys a hell of a lot of gas. You didn't "save" anything. You were taken by a "used car" salesman.
I don’t want to be an old guy in his 60’s and 70’s driving a sports car.
What do people think about Tesla (TSLA)?
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?
A person like Musk could have easily parked money into our firm, earned 20% per year
Patrick saysOne reason I'm interested in Tesla is because I'm a firm believer that solar will replace oil soon, being limited only by battery technology. And Tesla makes more money from batteries than from cars.
Any other companies positioned to efficiently store solar power?
Nothing beats the energy density and utility of the liquid hydrocarbon fuels.
Rin saysA person like Musk could have easily parked money into our firm, earned 20% per year
Even Madoff gave less.
Very difficult for anyone to figure this out.
Tesla is both, a high tech company and a car company.
Who cares about the energy density. If I can drive an electric car for less than 3 cents a mile, why would I even consider anything else?
B.A.C.A.H. saysPatrick saysOne reason I'm interested in Tesla is because I'm a firm believer that solar will replace oil soon, being limited only by battery technology. And Tesla makes more money from batteries than from cars.
Any other companies positioned to efficiently store solar power?
Nothing beats the energy density and utility of the liquid hydrocarbon fuels.
Who cares about the energy density. If I can drive an electric car for less than 3 cents a mile, why would I even consider anything else?
If you look at my YoY delta in electricity usage of 3,600 kWh, the delta in my electricity bill should have been $464 at an average rate of $0.129/kWh. However, it’s only $188. This means I have been paying a premium rate of $23/mo or $276/year with the standard PG&E program. I actually saved money by switching to the EV program. I learned something new after owning an EV.
Strategist saysWho cares about the energy density. If I can drive an electric car for less than 3 cents a mile, why would I even consider anything else?
Maybe because you're paying $30K EXTRA for the car.
This year, I came close to clearing $240K in dividend income alone
MrMagic saysStrategist saysWho cares about the energy density. If I can drive an electric car for less than 3 cents a mile, why would I even consider anything else?
Maybe because you're paying $30K EXTRA for the car.
You can get a brand new Nissan Leaf for:
MSRP $31,000.
Dealer discount $5,000
Federal tax credit $7,500
Ca rebate check $2,500
Free fuel for 2 years from Nissan.
Annual Utility credit. Last one was $500.
-------
Now do the math. There has been no exaggeration on these figures.
If you have low income, you get a further $2,000 from California.
Free level 2 chargers/installation for low income too.
Some cities/counties have further rebates.
Folks, an electric car IS the lowest priced car in the country. Tesla is a high end luxury car. Don't compare the...
How do they charge their car at an apartment complex?
If you are in a northern state like Minnesota, the apartment complex parking lots already have a standard electric socket at each parking spot meant for block heaters.
HeadSet saysHow do they charge their car at an apartment complex?
If you are in a northern state like Minnesota, the apartment complex parking lots already have a standard electric socket at each parking spot meant for block heaters.
110v or 220v? The former are practically useless for EV charging (speaking from experience).
Honestly, can't imagine trying to live with an EV car if I didn't have the ability to charge at home. Too much of a hassle trying to find chargers IMO.
That isn't going to be able to get you out of the driveway.
That isn't going to be able to get you out of the driveway.
Awesome! However I am curious as to why not a Volt.
Booger saysThat isn't going to be able to get you out of the driveway.
OK.... Fine... just add a few more....
There, all solved!!
Booger saysAwesome! However I am curious as to why not a Volt.
The Bolt has more horsepower and seemed peppier driving around compared to the Volt (200hp and 266lbs of torque). The Bolt can do 0-60 in 6.5 seconds and the Volt is 7.5. Also the Bolt feels more grounded and sticks to the road with the heavy battery in the floor. It's like driving an electric go cart - really fun with the one pedal driving.
Good answer, but I was expecting something more along the lines of it's a second car type of thing.
Booger saysAwesome! However I am curious as to why not a Volt.
The Bolt has more horsepower and seemed peppier driving around compared to the Volt (200hp and 266lbs of torque). The Bolt can do 0-60 in 6.5 seconds and the Volt is 7.5. Also the Bolt feels more grounded and sticks to the road with the heavy battery in the floor. It's like driving an electric go cart - really fun with the one pedal driving.
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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?