Tesla Second Quarter 2018 Update

Post by secabeen » Thu, Aug 02, 2018, 6:12 PM UTC

gamblor956 wrote: post #148

secabeen wrote: post #30

Earlier 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…

7500/35,000 = 21.4% It's a 21% price increase, assuming the buyer would have been fully eligible for the credit. Yeah, that's definitely going to change the math for a lot of prospective buyers. A basic Model 3 isn't worth $35,000 cash compared to other similarly priced EVs, especially not when those competitors will still qualify for the rebate.

Post by [deleted] » Thu, Aug 02, 2018, 8:30 PM UTC

dreamcompiler wrote: post #204

dmode wrote: post #66

Tesla only sold 104 Roadstars in 2011. Now they are on track to sell 250,000 Model S, X, and 3 combined in 2018. The scale of Tesla's accomplishment is truly under appreciated. It becomes even more impressive when you realize that this is an electric car, sold by Tesla owned stores, supported by over a thousand Superchargers. Amazing !!

The other thing that Tesla's naysayers still don't get is that A Tesla (any model) is the most fun street-legal car ever built Full stop, no caveats. American muscle cars from the 60s weren't this responsive. No German car is this responsive. You just have to drive one to understand.

Post by aunty_helen » Thu, Aug 02, 2018, 10:04 PM UTC

rconti wrote: post #189

aunty_helen wrote: post #167

Earlier quoted context omitted.

From wikipedia: >Total global cumulative sales for the first generation Insight were 17,020 units Thats for '00-'06 sales. idk what the first year sales were but the Pirus was on the scene very soon after the Insight. The other obvious thing, the Insight looked like a car for weirdos. Something that tesla and later model prius / leaf's have tried to avoid.

I think we may be misremembering this. The Prius dates back to 1996, when it was based on the Echo. The Insight was '99. Edit: Okay, maybe 1996 in Japan? According to this Wikipedia link, the Insight DOES predate the Prius but only in the US: https://en.wikipedia.org/wiki/Hybrid_electric_vehicles_in_th...

Post by davidgould » Fri, Aug 03, 2018, 5:51 AM UTC

femidav wrote: post #226

gok wrote: post #206

> Gigafactory 1 battery production reached an annualized run rate of roughly 20 GWh Kind of interesting...the typical laptop has a 50 Wh battery, and there are about 160 million laptop sales per year. A typical smartphone has a 5 Wh battery and there are about 1.5 billion smartphones sales per year. So that one factory makes just about enough batteries for all the laptops and smartphones.

And we would need 730 of such factories to provide all of 73 million annually produced cars with a 200kWh battery.

Post by sunstone » Fri, Aug 03, 2018, 1:32 PM UTC

rconti wrote: post #63

secabeen wrote: post #18

Earlier quoted context omitted.

> finished goods vehicle inventory of $579 million as a result of the timing of deliveries. AKA, we delayed delivering a lot of cars to not trigger the tax credit expiration in Q2.

Exactly. And this is a 'problem' they'll never again face, because now the clock is ticking. Of course, it's been replaced with the 'problem' of selling incremental Model 3s as the effective price goes up quarter by quarter in the near term, but the issue has ALWAYS been whether they'll be able to sustain demand and sales as the vehicle goes through pent-up demand and then has to rely on incremental sales, year after…