Earlier quoted context omitted.
Do you have any more information about her, e.g. an interview or biographical article that would detail her talents? I'm wondering why you're judging her so highly (no tone other than factual question intended).
https://www.bloomberg.com/news/features/2018-07-26/she-launc...
Tesla Second Quarter 2018 Update
211–220 of 243 posts
Re: Tesla Second Quarter 2018 Update
#212Earlier quoted context omitted.
> Loss aversion is real, and people aren't going to be happy about being asked to suddenly pay ~20% more for the exact same car. It's 10% more at most, and they are making it pretty clear now that the Short Range model will not be available before January 2019. Even then, many people can't even realize the entirety of a $7,500 tax credit. A single person needs $60k in income to generate $7,500 in taxes due after the…
Is 50% of annual income a typical price point for car purchases?
So, for new car purchases at least, American buyers spend more than half the median yearly household income.
Re: Tesla Second Quarter 2018 Update
#213Earlier quoted context omitted.
Who are you to dictate what I should do with my hard-earned money? As long as you can comfortably afford it without any debt, spend the money on what you are enthusiastic on. Next time you are buying groceries, laptops, or go to a restaurant, I am going to point out all your laughably poor decisions of not spending your money on the absolutely cheapest options.
That's a pretty ridiculous comparison because of the difference in scale. There are significant opportunity costs to putting 10s of thousands of dollars into something that will depreciate in value over time rather than increase. Especially when you're in your 20's. That amount of money invested could be worth a lot more in 30 years. Compound growth is your friend.
If one can reasonably afford a luxury item, it is perfectly fine to spend that money on that luxury item.
Re: Tesla Second Quarter 2018 Update
#214Earlier quoted context omitted.
SpaceX has Gwynne Shotwell. I’m not sure there’s a similarly capable decision maker at Tesla.
Do you have any more information about her, e.g. an interview or biographical article that would detail her talents? I'm wondering why you're judging her so highly (no tone other than factual question intended).
Re: Tesla Second Quarter 2018 Update
#215Earlier quoted context omitted.
Is 50% of annual income a typical price point for car purchases?
The median household income in the U.S. was $57,617 in 2016. The average transaction price for a new car in the U.S. was estimated at $36,270 in January '18. So, for new car purchases at least, American buyers spend more than half the median yearly household income.
Re: Tesla Second Quarter 2018 Update
#216Earlier quoted context omitted.
Is a "3" a Tesla Model 3, or something else? I recently saw someone refer to this vehicle as an "M3", which was pretty confusing given the BMW vehicle that goes by this name. I realize this thread is about Teslas, but still folks are referring to non-Teslas here as well.
Yes, sorry, it's the Tesla version. I was trying to be more clear, not less clear. I have owned an actual M3 and I hate people calling Mazdas and Teslas "M3"s. I was tossing around the idea of making "T3" a thing, though, as I don't think it'll confuse others in the car world.
Re: Tesla Second Quarter 2018 Update
#217Earlier quoted context omitted.
> but why not a standard looking body instead of some weird buggy space-age thing? I think they're still counting on the signaling. It's said that the Prius was bought by so many in large part because it looked so goofy, in that it didn't look like anything else, so everybody knew it was a Prius, which by proxy meant that you were driving green. Tesla shook that up, but styling still remains something withheld for th…
The Honda Insight looked even more goofy: https://en.wikipedia.org/wiki/Honda_Insight#Design They were shown in 1997 and on the road in the US by 2001 or so. The Prius seems to have been a much better car.
https://www.extremetech.com/wp-content/uploads/2017/12/17120...
Re: Tesla Second Quarter 2018 Update
#218Earlier quoted context omitted.
One of the design constraint comes from the size of batteries. This is the battery for a Toyota Camry hybrid, a car with very limited electric range : https://images.hgmsites.net/med/toyota-camry-hybrid-battery-... Imagine the size required for Prius batteries or other electric cars! They just didn't come up one day with the idea of selling ugly cars
Most of the ugliness in electric vehicles is not in their bulk/shape, but in the unnecessary and ugly flairs that manufacturers put all over them. Just freaking remove that crap. As for batteries, why can't they just make it wider and flatter and put it at the bottom, like tesla?
https://www.extremetech.com/wp-content/uploads/2017/12/17120...
Re: Tesla Second Quarter 2018 Update
#219Looks like the bankruptcy short thesis has been pretty much debunked, cash burn way below expected.
Except for the 3 billion dollars in short-term debt that they have no hope of repaying.
Re: Tesla Second Quarter 2018 Update
#220Earlier quoted context omitted.
Even that phaseout will probably result in a lot of cancellations from people who have been on the waiting list for several months already but who haven't taken delivery by the end of the year. Especially for the orders at the lower end of the price spectrum, which haven't even started shipping yet. Loss aversion is real, and people aren't going to be happy about being asked to suddenly pay ~20% more for the exact sa…
> Loss aversion is real, and people aren't going to be happy about being asked to suddenly pay ~20% more for the exact same car. It's 10% more at most, and they are making it pretty clear now that the Short Range model will not be available before January 2019. Even then, many people can't even realize the entirety of a $7,500 tax credit. A single person needs $60k in income to generate $7,500 in taxes due after the…