Live data from Hacker News

Tesla’s Model 3 Is Becoming One of America’s Best-Selling Sedans

bloomberg.com

41–50 of 278 posts

Re: Tesla’s Model 3 Is Becoming One of America’s Best-Selling Sedans

#41
post #13

> Tesla’s competitors are feeling it. Sales of the Mercedes-Benz C-Class, the best-selling luxury sedan in the U.S., plunged 24 percent last month and are down 28 percent for the year through September. > And it’s doing so at a higher price than other mass-market cars. The most expensive versions of the Model 3 are currently the most popular, with an average selling price approaching $60,000. It would be very interes…

You'd have to survey their customers.

Speaking personally, my wife and I are new customers. This is the first time that we've spent over $30k on a car.

Between rebates, the cost of gas, and reductions in maintenance costs, we think that we save somewhere between 1/3 to 1/2 on the lifetime cost of ownership over the life of this car versus an ICE car. It is still a luxury, but between features like the driving assist, crash safety ratings, acceleration and so on, we are happy to spend it.

Based on data for other models from other drivers, we have reason to believe that, barring accidents, the battery could realistically last us 500k miles. But we have set it to never charge over 80% of capacity to maximize that limit.

Re: Tesla’s Model 3 Is Becoming One of America’s Best-Selling Sedans

#42
post #18
post #9

With all the negative press directed at Musk it's easy to overlook the fact that he's done an incredible job leading Tesla through highly uncertain waters. Tesla's enemies are everyone from Trump to the incumbent car companies Tesla would have already soundly beaten if they hadn't received a massive bailout. I think based on this that Tesla's stock is still fairly significantly undervalued. I wouldn't buy it for anyt…

> Tesla's enemies are everyone from Trump to the incumbent car companies Tesla would have already soundly beaten if they hadn't received a massive bailout. Tesla also would not have survived without government money. And the idea that Tesla would have "soundly beaten" the other car companies is simply not possible to believe. They make and sell far more cars every year than Tesla has made since its founding. Tesla si…

Tesla got money from California (effectively) for selling no emissions credits to other car companies. Other companies could have made evs too, they were just against it, except Nissan which also benfitted for this with the leaf. The 7500 tax credits for buying large battery sized evs helped Tesla too, but people got credits for butingbmw i3, Nissan leaf, gm volt gm bolt. It served a purpose which was to help know kick off a new market and it's being deducted to half in 2019 based on sales over 200k cars.

Only 2 us car companies didn't go bankrupt in the recession in in 2009, Ford and Tesla. Ford and Tesla both got govt loans to design evs, only Tesla had finished paying theirs back.

Re: Tesla’s Model 3 Is Becoming One of America’s Best-Selling Sedans

#43

Earlier quoted context omitted.

Same here (in Australia). They used to be special to see, now I can't go for a walk without seeing a few. Haven't seen a 3 yet (I'm assuming they're not here yet, I don't follow it), just the S and X, but I see multiple S every time I take the kids to the park.

You must live in an affluent area. It's a 100k+ car here.

I've only ever seen them in Melbourne's inner east. There might be a few around the Brighton or Waverley areas, but I doubt anyone owns one anywhere else.

Re: Tesla’s Model 3 Is Becoming One of America’s Best-Selling Sedans

#44
post #11

Earlier quoted context omitted.

It's not just a status. Any electric vehicle of that size/speed/image would cost that much or more. I know, I've looked. The Model3, even LR, is a pretty good deal compared to other EVs.

Not to mention it’s actually aesthetically pleasing.

The big fat nose is funny looking, and the interior is barren. It looks like a child's toy.

Re: Tesla’s Model 3 Is Becoming One of America’s Best-Selling Sedans

#46
post #21

Earlier quoted context omitted.

There is only a finite number of people willing/able to spend $60k on a recreational vehicle.

It's a $7.4 billion dollar market in North America. All cohorts are finite, but that's still a lot of dollars available to capture. https://www.statista.com/outlook/1060000/104/luxury-cars/nor...

Plus Tesla just had a 6 billion dollar quarter selling the more expensive teslas. Wait till they sell the cheap version.

Re: Tesla’s Model 3 Is Becoming One of America’s Best-Selling Sedans

#47
post #18
post #9

With all the negative press directed at Musk it's easy to overlook the fact that he's done an incredible job leading Tesla through highly uncertain waters. Tesla's enemies are everyone from Trump to the incumbent car companies Tesla would have already soundly beaten if they hadn't received a massive bailout. I think based on this that Tesla's stock is still fairly significantly undervalued. I wouldn't buy it for anyt…

> Tesla's enemies are everyone from Trump to the incumbent car companies Tesla would have already soundly beaten if they hadn't received a massive bailout. Tesla also would not have survived without government money. And the idea that Tesla would have "soundly beaten" the other car companies is simply not possible to believe. They make and sell far more cars every year than Tesla has made since its founding. Tesla si…

  Tesla also would not have survived without
  government money.
And Tesla is one of two American car companies that have never gone bankrupt & taken government bailouts.

  other car companies ... make and sell far
  more cars every year than Tesla has made
  since its founding.
Just looking at some data here [1][2] Tesla sold more model 3s in 2018 year-to-date than all of

1. Hyundai Accents in 2017

2. All Smartcars in any of recent years

3. Subaru Imprezas (excluding WRX/STI) in 2016

4. All Jaguars in recent years

5. Infiniti G-35s in 2013

6. Lexus ES in 2015

To have better sales than Tesla Model 3, you basically have to be a Nissan Sentra, Toyota Prius, Honda Civic, Honda Accord, Toyota Camry, Toyota Corolla, or some other extremely well-known line of cars from a reputable brand.

[1]https://insideevs.com/tesla-model-3-sales-epic-august/ [2]http://carsalesbase.com/us-car-sales-data/hyundai/hyundai-ac...

Re: Tesla’s Model 3 Is Becoming One of America’s Best-Selling Sedans

#49
post #37

Earlier quoted context omitted.

They are? I have heard of the semi trucks but not smaller trucks.

Musk has said that it's his 'favorite next product': https://electrek.co/guides/tesla-pickup-truck/

Elon Musk says a lot of things, I’ll believe that they have a viable pickup when it’s rolling off the assembly lines. I’m also not sure that the market for pickups will care too much about having an EV. All in all it’s a very different market with a different customer base than luxury sedans.

Re: Tesla’s Model 3 Is Becoming One of America’s Best-Selling Sedans

#50
post #13

> Tesla’s competitors are feeling it. Sales of the Mercedes-Benz C-Class, the best-selling luxury sedan in the U.S., plunged 24 percent last month and are down 28 percent for the year through September. > And it’s doing so at a higher price than other mass-market cars. The most expensive versions of the Model 3 are currently the most popular, with an average selling price approaching $60,000. It would be very interes…

I would like to go on the record as saying that the big car companies of today, short of a miracle, are on track to meet the big mobile phone companies of the pre-iPhone era. Remember when Blackberry, Nokia, Motorola, Alcatel, Sony seemed unassailable?

I would dispute that, in that big car companies have much deeper pockets, and thus have been readily spending on new tech, e.g. the big automaker acquisition of Cruise, Maven, Chariot. They seem more responsive to the changing nature of the industry.
Post reply on HN