Tesla should now focus on a mass market electric vehicle to take the climate crisis- something like a closed two-wheeler with broad tyres. Good for traffic and temperature controlled too. Chinese people would buy it in droves.
I have seen some tiny single seater electric "cars" around recently. They are kind of like your regular mobility scooter but with a roof and windows. I saw a short mention of these about to be trialed somewhere in Europe which would allow children to drive them around since they have the same top speed as ebikes which kids are also allowed to use. Seems like a good idea tbh. Kids largely get locked out of the outside…
Tesla produces its millionth car
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Re: Tesla produces its millionth car
#62Earlier quoted context omitted.
The one thing I don't get is that everybody assumes there is unlimited demand for Tesla cars, Tesla just needs to be able to produce. But realistically, let's assume that in 1-2 years government subsidies will end then how many people will still want an EV for a price tag of minimum 30k & can afford it? All that Tesla produces are cars for the premium segment despite some mass market rhetoric.
I think there is a massive market of young people that would love to own a Tesla when they reach the required income level. It’s a green product, from a company with grand ambitions to address climate change, and an incredible car. Everyone I know who has one loves it, and most who get to drive them, wish they had one. It feels like the future, and 30k isn’t a crazy price for the value if offers.
Re: Tesla produces its millionth car
#63Re: Tesla produces its millionth car
#64Re: Tesla produces its millionth car
#65Earlier quoted context omitted.
I picked Duesenberg because in their day they had about the same market share that Tesla has today.
Duesenberg was a race & luxury car manufacturer, and their heyday was in the roaring twenties. A lot has changed in 100 years.
Re: Tesla produces its millionth car
#66Earlier quoted context omitted.
The one thing I don't get is that everybody assumes there is unlimited demand for Tesla cars, Tesla just needs to be able to produce. But realistically, let's assume that in 1-2 years government subsidies will end then how many people will still want an EV for a price tag of minimum 30k & can afford it? All that Tesla produces are cars for the premium segment despite some mass market rhetoric.
I think there is a massive market of young people that would love to own a Tesla when they reach the required income level. It’s a green product, from a company with grand ambitions to address climate change, and an incredible car. Everyone I know who has one loves it, and most who get to drive them, wish they had one. It feels like the future, and 30k isn’t a crazy price for the value if offers.
‘Green’ also depends on how you use it. One can argue that, for many use cases, those cars are way too big and heavy to be called ‘green’.
Re: Tesla produces its millionth car
#67https://www.statista.com/statistics/267272/worldwide-vehicle... Toyota makes ~9 million cars every year. Tesla just made its millionth car ever. Toyota market cap 201B. Tesla market cap 112B (was ~170B at peak). The stock market still has very far to fall before it comes back to reality again.
It's being on a mature market vs being on a new, not yet well-developed market. The second has a much larger growth potential. That is, while Toyota is great, it's unlikely that your investment in it will return tenfold. With Tesla, the chances are much higher. Also, Toyota started making cars in 1933 (licensed GM models), Tesla, in 2012 (an all-new class of cars).
Another would be to say in the end, it's the same "mature" market, one more EV sell is most likely one less ICE sell.
And it's not like EVs have tremendously changed the equation, the price is about the same (total cost of ownership), the capabilities are about the same (slightly better on some aspects, like performance, slightly worst in term of autonomy and refueling/recharging time). Right now, EVs are not extending or creating a market but are triggering a re-composition of this market.
Maybe in the future, we will see more deeper changes which will trigger a major shift (autopilots that work? reduction in cost? (EVs are engineeringly simpler than ICE vehicles)) but we are not there yet.
Re: Tesla produces its millionth car
#68Earlier quoted context omitted.
You're getting a lot of flak but this was my reaction too. The mistake was comparing it to the leaf instead of all cars the company produced and confronting the futurist hype train head-on. This is 2020, a million cars isn't impressive. Fuel efficient hybrids have done more to help the climate than Tesla has. Just look at Europe, electric cars are so practical and efficient that countries are working to ban their com…
Tesla basically created the electric car sector. Almost every major car company has or will have an electric out in order to compete.
There's no urgency for Toyota to produce electric cars because they've been making hybrids for a long time and they're already in a good position with the new emissions standards.
Re: Tesla produces its millionth car
#69Earlier quoted context omitted.
I can understand critiquing Tesla's business models, their claims about the cars, their financial status, or even Musk's character. But calling what Tesla has done over the last 10 years unimpressive makes no sense to me.
They produce great cars that people love, but people generally love high-end very expensive cars. A Nissan Leaf is not as nice of a car as a Tesla Model 3 in pretty much any way, but it also costs 3/4 of the price. Meanwhile, the Leaf is profitable per-car, and the base model Tesla Model 3 is barely break-even per-car, even with the very aggressive accounting that Tesla uses. Tesla can't keep producing base Model 3's…