Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Tesla Surges Above $500, Leaving Analyst Targets in the Dust

bloomberg.com

Post reply on HN
Print view View original

301–310 of 407 posts

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#301

Post by [deleted] »

SmellyGeekBoy wrote: post #105
jansan wrote: post #89

Earlier quoted context omitted.

iPhones did not need a charging network. They did not have any disadvantages besides the high price, which made them even more desirable. But I just do not see average people who live in condos buy an EV anytime soon.

> They did not have any disadvantages besides the high price iPhones couldn't run Flash (which powered all of the interactive content on the internet at the time), couldn't send MMS (which was the way everyone shared photos at the time) or run apps (which was how feature phones added functionality at the time). "Why on Earth would anyone want one of those!?" was a pretty common reaction, yet they still sold like hotc…

[deleted]

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#302

Post by bdamm »

sokoloff wrote: post #207
bdamm wrote: post #201

Earlier quoted context omitted.

Then the car is a trade-in downpayment. Sure, if you can't afford a $20,000 car then there are very few Tesla options for you.

I can afford any production car. I choose not to allocate money that way and I’m far from unique there. We drive 10K miles per year across two drivers. My daily electric (LEAF) costs me $0.05/mi for energy (and I love it). My wife’s SUV costs $0.10/mi for gas and a few pennies for oil (and she loves it). She pays $600/year max for fuel. That covers about a month of Tesla car payment.

Ah, it doesn't work out in your case because you've already made the transition to electric. We went from two gas guzzlers (one of them was a 40mpg diesel, the other a fairly typical 25mpg) to one model 3 and the financing equation easily works in our case. Obviously not everyone is going to give up a car, and the math doesn't work for everyone. But more people should be doing the math rather than just looking at the sticker price of the teslas.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#304

Post by astura »

bdamm wrote: post #103
jansan wrote: post #89

Earlier quoted context omitted.

iPhones did not need a charging network. They did not have any disadvantages besides the high price, which made them even more desirable. But I just do not see average people who live in condos buy an EV anytime soon.

Then you need to look closer. A long range model 3 can go 310 miles and charge quickly at superchargers. Condo dwellers can basically treat this car just like a gas car with fewer fillup options. A lot of people should do the math on the model 3. The math is current car payment + 90% gas payment = new car payment on a model 3. The remaining 10% is what you pay for electricity.

What's the insurance like on a model 3 compared to a similar gas sedan?

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#305

Post by rich_sasha »

I think this highlights the value of the brand, the tangible counterpart of “hype”. What the sceptics call starry-eyed fundamentalism is a valuable revenue stream, for whatever reason. Tesla successfully created a story of being the only cool kid in a room full of dinosaurs.

All other points good too, but didn’t see this mentioned.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#306

Post by Nasrudith »

colordrops wrote: post #193
jansan wrote: post #89

Earlier quoted context omitted.

iPhones did not need a charging network. They did not have any disadvantages besides the high price, which made them even more desirable. But I just do not see average people who live in condos buy an EV anytime soon.

Some startup is going to create a condo/apartment charging network by sharing profits with landlords.

Tesla is already on that sort of - there is a contact page about hosting superchargers but I am uncertain of the precise details.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#307

Post by kingnothing »

slumdev wrote: post #246
jppope wrote: post #55

Earlier quoted context omitted.

Here's what you're missing... Most of the major automakers: Ford, Toyota, Honda, Nissan, Mazda, etc do not have viable business models in the near future. They are so far behind in sustainable transportation its only a matter of time until they lose their economies of scale and are no longer viable businesses. It's an "Iphone moment"... the other car companies have great "flip phones" right now.

Only sort of. John Q. Public has no reason to buy an EV. Today's gas prices don't put the same dent in his pocket that $5/gallon* gas did. And there's good reason to believe that $5/gallon gas is probably never coming back. I am for EVs, Tesla, and anything that can keep us from making large portions of Earth unarable and uninhabitable. But most people's car-buying decisions are driven by economic realities, not envi…

As a counter point to this, gas in Atlanta costs $3.11 for premium. A BMW 3 series gets about 30mpg. Driving 1000 miles per month in the BMW costs $104 in gas.

GA Power offers $.01 per kilowatt hour rates in the middle of the night. A Tesla Model 3 gets 2.91 miles / kWh. Driving 1000 miles per month in the Tesla costs $3.44.

Fueling the Tesla costs $1200 less per year than the BMW if you drive an average number of miles, and we haven't even gotten to the cost of oil changes and brake pads.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#308

Post by LastZactionHero »

slumdev wrote: post #246
jppope wrote: post #55

Earlier quoted context omitted.

Here's what you're missing... Most of the major automakers: Ford, Toyota, Honda, Nissan, Mazda, etc do not have viable business models in the near future. They are so far behind in sustainable transportation its only a matter of time until they lose their economies of scale and are no longer viable businesses. It's an "Iphone moment"... the other car companies have great "flip phones" right now.

Only sort of. John Q. Public has no reason to buy an EV. Today's gas prices don't put the same dent in his pocket that $5/gallon* gas did. And there's good reason to believe that $5/gallon gas is probably never coming back. I am for EVs, Tesla, and anything that can keep us from making large portions of Earth unarable and uninhabitable. But most people's car-buying decisions are driven by economic realities, not envi…

If commercials tell me anything about what car buyers value, there are so many other apsects John Q Public would appreciate!

John likes fast cars. And oh boy my Nissan Leaf is fun to drive! Mountain driving feels like floating silently into the air. Instant torque, no gear shifting.

John may also appreciate the extra leg room, as even a compact car gains a lot of room without a gas engine.

John also likes saving money and convenience. And while gas isn't super expensive, I wake up every morning with a full charge for about $1. Gas stations just aren't a part of my life. (charging away from home is still a PITA, FWIW)

John might also like skipping the majority of standard maintenance. No oil changes. No random belts. Less brake wear (I think?) from regeneration. Sure, after 100k you'll probably want a new battery, but it's a known cost that's dropping.

Maybe EVs need to drop the 'environmental' badge and focus on how awesome they are.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#309

Post by xsmasher »

legulere wrote: post #286
olivermarks wrote: post #251

California law as of Jan 1 requires all new houses to have solar panels, EV charging port, no natural gas allowed. This 100% electric future being forced is attractive to Wall Street as it forces change, despite adding ~300k to the house price. Wall Street bares no relation to the street where cars are powered by gasoline or diesel with few exceptions. It takes 75 minutes to charge a Tesla EV, much longer in cold cli…

At least in Germany it costs more like 15k for the roof of a big house.

300k is too much; 16k can cover half of your roof with panels, even in the SF Bay Area.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#310

Post by mwerty »

Dylan16807 wrote: post #211
mwerty wrote: post #153

Earlier quoted context omitted.

Steve Ballmer points out iphone's "disadvantages": https://www.youtube.com/watch?v=qycUOENFIBs The bet is that the advantages outweigh the negatives.

I don't understand your air quotes. Being hundreds of dollars more expensive is objectively a disadvantage. "not a very good email machine" sounds right, in comparison to something like a blackberry. And that's it, he only listed those two things. He didn't try to make up fake reasons. Something being better does not mean the disadvantages somehow don't exist.

Sorry, I should have been clearer. I did not mean to imply that they were fake reasons but they seem way less material in hindsight.
Post reply on HN