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Electric Cars (Tesla and Others) (6 Viewers)

At the end of the day, for me, it all comes down to this.

If I were in the market for a new car, a BMW is nice, Audi is nice, Tacoma, Explorer, and Jeep too.

But you know what? The only car I want is a Tesla.

 
At the end of the day, for me, it all comes down to this.

If I were in the market for a new car, a BMW is nice, Audi is nice, Tacoma, Explorer, and Jeep too.

But you know what? The only car I want is a Tesla.
did you hear the CFO quit?  Does that change your mind?

 
At the end of the day, for me, it all comes down to this.

If I were in the market for a new car, a BMW is nice, Audi is nice, Tacoma, Explorer, and Jeep too.

But you know what? The only car I want is a Tesla.
The Model S has an excellent ride, I've said that multiple times in this thread. I also think the appearance is stale and needs to be retired. The X is the most hideous thing I've ever seen and I hate the interior of the 3. 

We all have our opinions, which is why we can all decide what to get. If you like it, get one.

did you hear the CFO quit?  Does that change your mind?
You read the thread, or is this just a dynamite drop in? Bobby quoted something I said about 4 months ago (for whatever reason) strictly related to the financials of the company. I lean very slightly to the side that says the CFO has something to do with the financials of a company.

 
I have not said one word about Musk today.

FTR, I think long term they'll be better off if/when he steps down as CEO & whatever his other title is (chief product architect or sumtin) and focuses more on leaving the planet.

They're sustainable beyond the cult of personality IMO.

 
They need to solve their delivery problems.  When the CEO tells you they are in delivery logistics hell, believe him.  Going through the (used) online purchase process with them from inception to delivery is not a pleasant experience as a consumer.  

I agree C-Suite turnover is a bit of a red flag.  And their cyclying through CFOs is not what I'd prefer to see.  But there are lots of reasons that could be happening.  One of which, yes, is that there could be hidden financial concerns.  I'd guess it's just as likely that driven visionary geniuses are really hard people to work for.

 
At the end of the day, for me, it all comes down to this.

If I were in the market for a new car, a BMW is nice, Audi is nice, Tacoma, Explorer, and Jeep too.

But you know what? The only car I want is a Tesla.
For sure.  I drive an Audi A6 and really really like it, but will be out of it by mid year and have a Model 3.  

 
They need to solve their delivery problems.  When the CEO tells you they are in delivery logistics hell, believe him.  Going through the (used) online purchase process with them from inception to delivery is not a pleasant experience as a consumer.  

I agree C-Suite turnover is a bit of a red flag.  And their cyclying through CFOs is not what I'd prefer to see.  But there are lots of reasons that could be happening.  One of which, yes, is that there could be hidden financial concerns.  I'd guess it's just as likely that driven visionary geniuses are really hard people to work for.
It's a complete crap shoot right now buying one of their cars. The CPO program went away and they are doing a terrible job moving Used Cars. Multiple missed delivery dates, can't obtain titles for months, etc. Unbelievably bad service. Meanwhile they are shipping the 3s without any wrap on the front end or roof. Ton of people have rejected their car at delivery because the paint jobs need so much correction.

Super fun car to drive, and once they make it right - which way more often not they do - you'll never regret getting one. But their front end process is really horrible right now.

 
Andy Fastow??  JFC dude you’re worse than huthut
Is it possible you’re just a blind fanboy? It’s a serious question.

Let’s have a look at the evidence.

1) Two rounds of layoffs.

   - Please name the last successful high growth company that had one yet alone multiple rounds of layoffs during their highest growth phase

  - https://www.cnbc.com/2019/02/09/teslas-model-3-worries-delivery-employees-said-to-be-cut.html

  - While I won’t say the word of former employees is factually correct, you do have to consider this report. If this report is true and a large number of employees are leaving from the delivery team, that spells gigantic issues, I don’t care how any fanboy wants to spin it, that’s a gargantuan negative.

2) CFO departing. He worked with Musk for 7 years before leaving, came back for 2 and left again. He isn’t leaving bc he can’t work with Musk, the evidence points to the contrary, so why is he leaving during what should be a huge success period for the company. This should be when his stock options skyrocket in value. If that’s what he thought, the odds that he’d be leaving unless he has some sort of terminal disease are somewhere between slim and none.

3) Price cuts across the board on all models. Some of them multiple times. Who cuts prices when demand is soaring? That isn’t how supply/demand work.

4) CEO/Chairman lying about a buyout to burn shorts. This is unheard of behavior, but I’m sure you can somehow defend that.

I can keep going, but fanboys aren’t interested in facts and evidence, so there really is no point.

With the above, if this was any other company in the world, the stock would’ve been halved in the last 6 months. Best quote I’ve read about Tesla in the last year was a joke; company could file bankruptcy and still be valued at $30B by its investors  :lmao:

 
Is it possible you’re just a blind fanboy? It’s a serious question.

Let’s have a look at the evidence.

1) Two rounds of layoffs.

   - Please name the last successful high growth company that had one yet alone multiple rounds of layoffs during their highest growth phase

  - https://www.cnbc.com/2019/02/09/teslas-model-3-worries-delivery-employees-said-to-be-cut.html

  - While I won’t say the word of former employees is factually correct, you do have to consider this report. If this report is true and a large number of employees are leaving from the delivery team, that spells gigantic issues, I don’t care how any fanboy wants to spin it, that’s a gargantuan negative.

2) CFO departing. He worked with Musk for 7 years before leaving, came back for 2 and left again. He isn’t leaving bc he can’t work with Musk, the evidence points to the contrary, so why is he leaving during what should be a huge success period for the company. This should be when his stock options skyrocket in value. If that’s what he thought, the odds that he’d be leaving unless he has some sort of terminal disease are somewhere between slim and none.

3) Price cuts across the board on all models. Some of them multiple times. Who cuts prices when demand is soaring? That isn’t how supply/demand work.

4) CEO/Chairman lying about a buyout to burn shorts. This is unheard of behavior, but I’m sure you can somehow defend that.

I can keep going, but fanboys aren’t interested in facts and evidence, so there really is no point.

With the above, if this was any other company in the world, the stock would’ve been halved in the last 6 months. Best quote I’ve read about Tesla in the last year was a joke; company could file bankruptcy and still be valued at $30B by its investors  :lmao:
Could it be that the product is that good and that unique as to be able to overcome management issues?  Aren't the model 3's selling really well and exceeding targets?

 
Could it be that the product is that good and that unique as to be able to overcome management issues?  Aren't the model 3's selling really well and exceeding targets?
If the article from CNBC this morning is true, and that is obviously far from a proven fact, but if if if it is true, the answer to your question is an overwhelming no.

 
3) Price cuts across the board on all models. Some of them multiple times. Who cuts prices when demand is soaring? That isn’t how supply/demand work.
The S/X cuts coincided with dropping the 75D battery option, and streamlining the order option to simplify production (in line with the minimal options when ordering the 3.) Probably also positioning the 100 kWh battery to be the new entry level.

The Model 3 (& the S/X as well) lost half the tax credit at YE. Two price cuts since then, for $2K & $1.1K - making them $650 more expensive net of the reduced tax credit.

(7500 x 50%

 
The S/X cuts coincided with dropping the 75D battery option, and streamlining the order option to simplify production (in line with the minimal options when ordering the 3.) Probably also positioning the 100 kWh battery to be the new entry level.

The Model 3 (& the S/X as well) lost half the tax credit at YE. Two price cuts since then, for $2K & $1.1K - making them $650 more expensive net of the reduced tax credit.

(7500 x 50%
Justify it however you would like.

 
Tesla is an interesting company right now for sure and there are many reasons to take a pause when evaluating them.  @fantasycurse42 points out some good ones.  There also many reasons to think the future looks bright.  Tesla was the #1 selling luxury car brand in the US in 2018 ( https://www.cnbc.com/2019/01/08/teslas-model-3-was-2018s-best-selling-luxury-car-in-us.html ), that’s impressive no matter how you cut it.  To me the struggles only point out just how difficult it is to start a viable auto manufacturer.  Elon seems to have cleared a fair amount of the big hurtles thus far, but more certainly await. 

 
Tesla is an interesting company right now for sure and there are many reasons to take a pause when evaluating them.  @fantasycurse42 points out some good ones.  There also many reasons to think the future looks bright.  Tesla was the #1 selling luxury car brand in the US in 2018 ( https://www.cnbc.com/2019/01/08/teslas-model-3-was-2018s-best-selling-luxury-car-in-us.html ), that’s impressive no matter how you cut it.  To me the struggles only point out just how difficult it is to start a viable auto manufacturer.  Elon seems to have cleared a fair amount of the big hurtles thus far, but more certainly await. 
What is remarkable is how little they have wavered from the vision laid out in August, 2006.

I think I've been pretty balanced in my criticism & praise of Tesla. Which makes name calling vitriol seem a bit strange, but no worries, life is full of odd folks. 

The build quality is lousy. Panel gaps that no other auto manufacturer thinks is acceptable, soft paint that often comes with swirls or defects which need correction after delivery, terrible communication during the ordering process, and one of the worst Used Car (nee CPO) programs going. From an investing standpoint, they often overpromise and under delivery. Every target requires translation into Elon/Tesla time.

On the other hand, they make an awesome piece of technology that is so superior to anything else on the road. The Tesla grin is a real thing. Instant torque never gets old, one-pedal driving with regen is delightful, and the only thing holding back full sefl-driving is regulatory controls. Probably the greatest disrupter story of the 21st Century.

Their odds of survival are pretty good given they're past the biggest challenge, the Model 3 production ramp. The first Model 3s just arrived in Europe two days ago (ahead of promised delivery by about 10 days), and China is still largely untapped. Once the Chinese gigafactory and production plants are up and running they have an enormous market to exploit there. Nearly everyone completely discounts/ignores the contributions of the non-automotive divisions (Energy & Solar City), which makes me think analysts will continue to consistently miss on TSLA.

 
What is remarkable is how little they have wavered from the vision laid out in August, 2006.

I think I've been pretty balanced in my criticism & praise of Tesla. Which makes name calling vitriol seem a bit strange, but no worries, life is full of odd folks. 

The build quality is lousy. Panel gaps that no other auto manufacturer thinks is acceptable, soft paint that often comes with swirls or defects which need correction after delivery, terrible communication during the ordering process, and one of the worst Used Car (nee CPO) programs going. From an investing standpoint, they often overpromise and under delivery. Every target requires translation into Elon/Tesla time.

On the other hand, they make an awesome piece of technology that is so superior to anything else on the road. The Tesla grin is a real thing. Instant torque never gets old, one-pedal driving with regen is delightful, and the only thing holding back full sefl-driving is regulatory controls. Probably the greatest disrupter story of the 21st Century.

Their odds of survival are pretty good given they're past the biggest challenge, the Model 3 production ramp. The first Model 3s just arrived in Europe two days ago (ahead of promised delivery by about 10 days), and China is still largely untapped. Once the Chinese gigafactory and production plants are up and running they have an enormous market to exploit there. Nearly everyone completely discounts/ignores the contributions of the non-automotive divisions (Energy & Solar City), which makes me think analysts will continue to consistently miss on TSLA.
I agree across the board here

 
What is remarkable is how little they have wavered from the vision laid out in August, 2006.

I think I've been pretty balanced in my criticism & praise of Tesla. Which makes name calling vitriol seem a bit strange, but no worries, life is full of odd folks. 

The build quality is lousy. Panel gaps that no other auto manufacturer thinks is acceptable, soft paint that often comes with swirls or defects which need correction after delivery, terrible communication during the ordering process, and one of the worst Used Car (nee CPO) programs going. From an investing standpoint, they often overpromise and under delivery. Every target requires translation into Elon/Tesla time.

On the other hand, they make an awesome piece of technology that is so superior to anything else on the road. The Tesla grin is a real thing. Instant torque never gets old, one-pedal driving with regen is delightful, and the only thing holding back full sefl-driving is regulatory controls. Probably the greatest disrupter story of the 21st Century.

Their odds of survival are pretty good given they're past the biggest challenge, the Model 3 production ramp. The first Model 3s just arrived in Europe two days ago (ahead of promised delivery by about 10 days), and China is still largely untapped. Once the Chinese gigafactory and production plants are up and running they have an enormous market to exploit there. Nearly everyone completely discounts/ignores the contributions of the non-automotive divisions (Energy & Solar City), which makes me think analysts will continue to consistently miss on TSLA.
I don’t recall any name calling, if that’s a dig at me. My comment was you lacked a sense of humor. I made a comment about making a few dollars a share, it was a joke, I wasn’t bragging about makings few hundred dollars, it was a joke, I thought it was obvious.

Anyways, I’ve been very upfront that the Model S has an excellent ride. In terms of technology for all electric, I think the gap is going to narrow very quickly. Quality and process, we know that’s a disaster. 

When it comes to autonomous technology, Tesla is far from the leader and Elon’s touting of it and even naming “autopilot” borders on reckless, imo.

They’re behind Ford, GM, Nissan, VW, Waymo, Volvo, Hyundai, BMW, and a few others when it comes to this technology. Outside of Elon’s commentary, I’ve never seen them rank in the top 10 for autonomous. 

 
What is remarkable is how little they have wavered from the vision laid out in August, 2006.

I think I've been pretty balanced in my criticism & praise of Tesla. Which makes name calling vitriol seem a bit strange, but no worries, life is full of odd folks. 

The build quality is lousy. Panel gaps that no other auto manufacturer thinks is acceptable, soft paint that often comes with swirls or defects which need correction after delivery, terrible communication during the ordering process, and one of the worst Used Car (nee CPO) programs going. From an investing standpoint, they often overpromise and under delivery. Every target requires translation into Elon/Tesla time.

On the other hand, they make an awesome piece of technology that is so superior to anything else on the road. The Tesla grin is a real thing. Instant torque never gets old, one-pedal driving with regen is delightful, and the only thing holding back full sefl-driving is regulatory controls. Probably the greatest disrupter story of the 21st Century.

Their odds of survival are pretty good given they're past the biggest challenge, the Model 3 production ramp. The first Model 3s just arrived in Europe two days ago (ahead of promised delivery by about 10 days), and China is still largely untapped. Once the Chinese gigafactory and production plants are up and running they have an enormous market to exploit there. Nearly everyone completely discounts/ignores the contributions of the non-automotive divisions (Energy & Solar City), which makes me think analysts will continue to consistently miss on TSLA.
The real challenge will be when the VW group rolls out their new MEB platform.  They are the first major automaker to go all in on electric, they are planning to phase out all gasoline/diesel engines by 2026, which may seem like a long time, but in reality it is really fast for the automobile industry.  In the end I think Tesla will end up being a high end luxury electric vehicle maker and then make money off their charging infrastructure.  I think they will get overwhelmed in the cheaper EV market, but I credit them with being the straw that will break the ICE's back.

 
The real challenge will be when the VW group rolls out their new MEB platform.  They are the first major automaker to go all in on electric, they are planning to phase out all gasoline/diesel engines by 2026, which may seem like a long time, but in reality it is really fast for the automobile industry.  In the end I think Tesla will end up being a high end luxury electric vehicle maker and then make money off their charging infrastructure.  I think they will get overwhelmed in the cheaper EV market, but I credit them with being the straw that will break the ICE's back.
The charging infrastructure is a big reason Tesla works.  But, I dont know if that is going to be a payday.  Most people just upgrade the electrical at home and charge there.  

 
There is room in the market for more options, at all price points. VW is not as significant a threat to Tesla as they both are to the ICE manufacturers who are dragging their feet entering the BEV market. Worldwide, there is plenty of BEV market to go around.

Among BEV manufacturers, Tesla is years ahead of the competition in battery tech.

 
The charging infrastructure is a big reason Tesla works.  But, I dont know if that is going to be a payday.  Most people just upgrade the electrical at home and charge there.  
Level 2 charging is fine for how most people charge 355-360 days a year. Plug in when you get home, leave with a full tank in the morning. Or if you have charging available at work. But for road tripping you have to have access to Level 3 DC fast charging. There simply is no widespread charging networks (CHAdeMO for Asian manufacturers,  CCS for US/EU makers.) Huge gaps all along the East Coast, I presume it's nigh impossible to make a cross country drive at present. Level 1 / Level 2 is impractical for trips.

Whereas you can go virtually anywhere on the Supercharger network (sorry, North Dakota.)

 
BobbyLayne said:
Level 2 charging is fine for how most people charge 355-360 days a year. Plug in when you get home, leave with a full tank in the morning. Or if you have charging available at work. But for road tripping you have to have access to Level 3 DC fast charging. There simply is no widespread charging networks (CHAdeMO for Asian manufacturers,  CCS for US/EU makers.) Huge gaps all along the East Coast, I presume it's nigh impossible to make a cross country drive at present. Level 1 / Level 2 is impractical for trips.

Whereas you can go virtually anywhere on the Supercharger network (sorry, North Dakota.)
I 100% agree. I think we are so early that everyone with a tesla has a "normal" car.  We are about to go from Columbus to Chicago and are taking our Pilot (mainly b/c of the dvd), but finding charging places (and time) seems daunting.

 
fantasycurse42 said:
I don’t recall any name calling, if that’s a dig at me. My comment was you lacked a sense of humor. I made a comment about making a few dollars a share, it was a joke, I wasn’t bragging about makings few hundred dollars, it was a joke, I thought it was obvious.

Anyways, I’ve been very upfront that the Model S has an excellent ride. In terms of technology for all electric, I think the gap is going to narrow very quickly. Quality and process, we know that’s a disaster. 

When it comes to autonomous technology, Tesla is far from the leader and Elon’s touting of it and even naming “autopilot” borders on reckless, imo.

They’re behind Ford, GM, Nissan, VW, Waymo, Volvo, Hyundai, BMW, and a few others when it comes to this technology. Outside of Elon’s commentary, I’ve never seen them rank in the top 10 for autonomous. 
You seem like a dude who just cant afford one.

/trigger insane mode 

 
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If you’re invoking Andy Fastow, you’re basically calling Elon a con-man and a criminal.  If there’s evidence of that, I’m all ears.

 
I have had my model 3 for 6 months and enjoy it more than I expected. Handles like a dream and crazy accelleration. 
I’m seriously considering picking one up. Do you daily it? What’s your real world range?  I’ve been studying up and I know they recommend a daily charge to 80%, just wondering what the range is like doing that.  TIA. 

 
I'll be getting a Tesla this spring.  I'm currently waffling between a used Model S and a new LR Model 3.
That's where I'm at, though I'll be purchasing about this time next year.  Also patiently waiting the Y and the truck.  

I'f I had to pull the trigger now it would be the long range 3.  I like everything about the 3, but the interior on the S seems nicer.  

Never driven either though.  

 
not even close to what AF did
You asked for evidence that he was a con man and criminal. He claimed he had funding secured, which was a con and criminal, a blatantly false statement. 

He got off very easy, imo. He has a history of misleading investors, but when it comes to a criminal action, "funding secured" is a perfect example.

They obviously aren't Enron, but he is far from trustworthy.

 
You asked for evidence that he was a con man and criminal. He claimed he had funding secured, which was a con and criminal, a blatantly false statement. 

He got off very easy, imo. He has a history of misleading investors, but when it comes to a criminal action, "funding secured" is a perfect example.

They obviously aren't Enron, but he is far from trustworthy.
i'll await the indictment

 
I love the throwback Tesla name and the cool logo.

Why are the car names so boring? S? 3? Y? X? Terrible. 
Not sure if you’re serious or missing the joke.  S 3 X Y.   

Its all part of the Telsa humor, like the farting sound app, cow bell and mars lander displays.  

 
Not sure if you’re serious or missing the joke.  S 3 X Y.   

Its all part of the Telsa humor, like the farting sound app, cow bell and mars lander displays.  
I did not know that. Hmm. Individually, one still drives a “Tesla 3.” Still boring. 

 
Tesla is an interesting company right now for sure and there are many reasons to take a pause when evaluating them.  @fantasycurse42 points out some good ones.  There also many reasons to think the future looks bright.  Tesla was the #1 selling luxury car brand in the US in 2018 ( https://www.cnbc.com/2019/01/08/teslas-model-3-was-2018s-best-selling-luxury-car-in-us.html ), that’s impressive no matter how you cut it.  To me the struggles only point out just how difficult it is to start a viable auto manufacturer.  Elon seems to have cleared a fair amount of the big hurtles thus far, but more certainly await. 
Anyone know what the definition of a luxury vehicle is?  I think the S and X qualify, but I'm hesitant putting the Model 3 in that category.

 
Was driving next to one in light traffic. Guy didn't see me and tried to merge. Clearly the car said nope.  Thanks Elon. 

 
Anyone know what the definition of a luxury vehicle is?  I think the S and X qualify, but I'm hesitant putting the Model 3 in that category.
I **think** the automotive press uses a squishy dollar amount (above $50K? $60K? heck I know guys spending $70K on new pickups.)

Personally, I would not put the S or X in that category, but I understand why people do it.

Other than the sticker, there is nothing lux about them, inside or out. Absolutely the funnest cars around but way, way behind actual build quality & luxury feel compared to similarly priced BMW or Mercedes. IMO

 
I'll be getting a Tesla this spring.  I'm currently waffling between a used Model S and a new LR Model 3.
That's where I'm at, though I'll be purchasing about this time next year.  Also patiently waiting the Y and the truck.  

I'f I had to pull the trigger now it would be the long range 3.  I like everything about the 3, but the interior on the S seems nicer.  

Never driven either though. 
Hop on the Turo app and rent one for a day or a weekend.

 
I’m seriously considering picking one up. Do you daily it? What’s your real world range?  I’ve been studying up and I know they recommend a daily charge to 80%, just wondering what the range is like doing that.  TIA. 
I mainly use it to commute and run errands locally. You are correct Tesla does not recommend fully charging the battery. I can get 270+ miles on a charge. One cool feature is the map program can find chargers/super charges close to you location. 

I will say this car is silly fast. Go to youtube and check out some of the videos

 
I mainly use it to commute and run errands locally. You are correct Tesla does not recommend fully charging the battery. I can get 270+ miles on a charge. One cool feature is the map program can find chargers/super charges close to you location. 

I will say this car is silly fast. Go to youtube and check out some of the videos
Thanks.  I drive 100 to 200 miles a day so the savings on gas alone make it very appealing  

I’ve driven a LR dual motor.  I got out and decided I was buying one.  The car just feels like the future, it’s hard to describe to someone who hasn’t driven one.  As a car guy the feeling of instant torque is addictive.  Can’t imagine what the performance model feels like.  

 

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