I’m not pro-Tesla, I think they’re horribly mismanaged, but let’s be real. The Model 3 is selling well, and ONLY in the US. Even if they hit peak demand they can just start selling to Europe and China (planned for later this year) and they’ll have plenty of new customers.
> Even if they hit peak demand they can just start selling to Europe and China To what extent would they have to invest in charger networks there, though?
They already have, almost as much as the US. Take a look at the supercharger map.
Another thing is the pre 2017 car-pool stickers for electric cars are expiring in the bay area. The newer stickers have income caps of $150k (single filing) or $300k (joint filing). I wonder what the impact will be on Tesla? The first change helps them but the second hurts them.
Did they give any justification for the change? It makes absolutely no sense to me why you'd put an income cap on that - don't you wan to encourage EVERYONE to burn less fossil fuels, REGARDLESS of income?
I was not entirely correct but part of the problems is that the car pool lanes are overloaded here and the federal laws have some minimum average speed requirements for those lanes which are not being maintained. So they are kicking out the older clean-air cars. Also they are trying to find ways to give lower income individuals access to clean air vehicles.
Competition has been arriving for quite a while though. Having just bought a Tesla, I can tell you I'm starting to appreciate more than just intellectually the huge network of chargers and other infrastructure that company has laid out. It's not perfect but anyone else wanting to play in this market will need the same, and Jaguar is in no position to do it. I don't think anyone at Tesla is losing any sleep over Jagua…
I live in a nice part of LA and I see as many iPace's as Teslas, and the iPace has only been available for about 3 months locally. And the iPace owners are absolutely glowing in their reviews of the car in a way I've never heard Tesla owners get. Indeed--while most Tesla owners I know talk their heads off about the charging network[1], they tend to be defensive about the actual quality of the car itself in ways that…
I was in a Jaguar dealership this weekend, and the iPace, though I have no intention of getting one, is a VERY nice car. Build quality. Features. Specs.
The pot smoking and twitter insults also dont help.
I don’t really see the problem with the pot smoking honestly, why is anyone wound up about that? Do you care if he drinks or smokes cigarettes? What about his workout routine? Twitter insults aren’t impressive.
Even though the acts themselves aren't that different, smoking a cigarette on camera doesn't potentially cause him to lose his security clearance (which could make him less effective at his job).
At $50B Market Cap, Tesla should be delivering at least $2B Annual profits. It's clear Tesla has run through higher margin demand. There aren't many people in the world who can afford a $50,000 car. Tesla is a niche market car, but priced as a mass market (like iPhones) product. Expect Tesla's sustainable profit to be around $500 Mil per year and it's share price must be cut in half to justify that
> At $50B Market Cap, Tesla should be delivering at least $2B Annual profits P/E ratios aren’t effective for high-growth or quickly-declining companies. The PEG ratio attempts to compensate for this.
Exactly my point. US demand growth is done. There will be International pent up demand will be done in Q1.
Q2 and Q3 will show that Tesla has pretty much plateaued. Profit growth is even lower
I don’t really see the problem with the pot smoking honestly, why is anyone wound up about that? Do you care if he drinks or smokes cigarettes? What about his workout routine? Twitter insults aren’t impressive.
Regardless of how you feel about smoking pot the CEO of a publicly traded company is expected to be prudent enough to avoid doing things that are federally illegal on camera with the beforehand knowledge that the footage will be made public. I personally don't care what Elon, or anyone does in his spare time but smoking pot on TV (or podcast, basically the same thing since both are going to be broadcast to viewers) s…
The Joe Rogan podcast is on national TV now? I thought the whole point of it was that it wasn’t a network show.
Other brands have dealerships all over the country where they could install chargers. I'd say the barrier to doing that is pretty low. For example, if every BMW or Audi dealership had some charging spots for owners of their cars, it would probably have more nationwide coverage than Tesla's Supercharger network. The dealerships are also frequently located in convenient places near major highway exits, etc.
I live in Seattle, east of here there is one BMW dealer on my way home and next closest BMW dealer is in Boise, Idaho. I can’t drive to my home town and visit a dealership. That means an electric BMW would need a range of 1,000-1,200 miles to be remotely comparable to an ICE car or Tesla. Putting universal chargers at existing gas stations or buying an entire brand and converting to charging makes way more sense.
Regardless of how you feel about smoking pot the CEO of a publicly traded company is expected to be prudent enough to avoid doing things that are federally illegal on camera with the beforehand knowledge that the footage will be made public. I personally don't care what Elon, or anyone does in his spare time but smoking pot on TV (or podcast, basically the same thing since both are going to be broadcast to viewers) s…
The Joe Rogan podcast is on national TV now? I thought the whole point of it was that it wasn’t a network show.
I thought he did it on some evening comedy show. I'm probably wrong about that.
The pot smoking and twitter insults also dont help.
I don’t really see the problem with the pot smoking honestly, why is anyone wound up about that? Do you care if he drinks or smokes cigarettes? What about his workout routine? Twitter insults aren’t impressive.
I don't have a problem with drinking and am sure most CEOs drink at networking events considered part of their job, but I'd think a CEO showing off by downing a couple of shots on a comedian's podcast was a bit of a liability, even if it wasn't his idea. More so if their leadership was already under scrutiny and one of their businesses was entirely reliant on the patronage of an abstinence-obsessed government that wouldn't let their contractors' staff anywhere near their projects if they'd been known to have touched alcohol recently. And there's no defending the lame 420 joke which fits in the same bracket (the sort of joke that was a pretty pathetic way of getting lunchtime detention as a teenager, never mind a hefty fine and stripped of a measure of control of one of your companies). You can be 100% pro legalisation and in favour of CEOs smoking pot every day if it works for them and still think Musk's acted like an absolute idiot over it.
It's called Pent up Demand. US is the richest and most car friendly nation of the world. There aren't many countries in the world who can afford a $50,000 car especially when there are poor charging infrastructure.
There are enough countries, though. Regarding charging infrastructure, have you seen this map lately? https://www.tesla.com/findus?v=2&bounds=76.18385340904877%2C...
I don't think this includes the convenience fee in having to use a supercharge station to recharge your car.
If you don't have the ability to charge at home (condo or apartment), the idea of waiting at some energy pump for 30 minutes every morning is the opposite of alluring.