Posted on 04/02/2016 8:31:40 AM PDT by samtheman
Tesla Motors Inc.’s unveiling of its new electric vehicle yesterday had the marks of an iPhone release—long lines of enthusiastic consumers, a glossy product and a CEO presenting in a simple black shirt.
Little new information came out about the Model 3, but with the car’s comparably more affordable $35,000 price tag and 215-mile range, Tesla is making a bid to become a mass-market auto manufacturer.
(Excerpt) Read more at scientificamerican.com ...
That’s nice, but since Tesla is a public company there is more to it than VC and portfolios of ventures.
“That cost to plug it in at home overnight wont even be noticeable.”
Huh?
The specs for this model aren’t available, but a model S uses 38 kwh/100 miles. A reasonable cost of electricity is 12 cents/kwh...so every 100 miles, you pay $4.56.
My car gets 29 mpg...and Gas Buddy says I can buy gas for $1.76/gal...I pay $6.07 to go that 100 miles.
IOW, a Tesla would be 25% cheaper for me to operate.
But I certainly would NOTICE the cost. It isn’t magical - I drive 18k a year to work and back, which would be an additional $68/month to my power bill.
Metered electrical outlets for engine block heaters exist or existed, true. People driving around town dragging their plugs on the street because they forgot to unplug it did too, lol.
You forget that there won’t be any fossil fuel powered tow trucks to tow it when it runs out of juice. :)
You are equating an islamic terrorist organization and an American Oil Company (ExxonMobil)?
EM paid more in tax ($31.1B) to the US, and more than any other company.
I don't think I have ever seen anyone lose that much credibility that fast.
Each to their own I guess, but I try to make it habit not to add companies with a - 6.93 EPS performance in my portfolio.
Meaning that the subsidy may not be all that helpful to people of modest means, whose particular needs would indicate that this vehicle saves them money due to lower operating costs?
If the battery life doesn't degrade that much, they can always buy a year-old model off lease to make the numbers work, I guess. The past subsidy will be priced into resale value.
Actually they could be a government money maker think of every parking meter all the sudden becoming a parking meter / charging station.....
So your local city government becomes your electric / gas station for your car
crap you know that’s coming cuz they’re going to love that that’s a moneymaker for the city
so the government has a vested interest to double even triple dip
they give a big tax subsidy “paid for by you and me via gasoline tax” to have people buy these cars
And then the local government make profit on the back side and setting up parking meter/charging stations to charge these cars
And many electrical utilities are owned by the municipal government... so they’re the one actually selling you providing you the power end to end
“Why all the hostility towards this car?”
Could be the $4.9 Billion (and counting) in government subsidies this car has gotten.
“You didn’t get my point. Here, you have a $20K part (battery). Say you swap out, and it happens to be one on it’s last legs, it dies, and you are stuck with it.
What then? “
Apparently, someone has hijacked your handle...
The government support includes zero-emission vehicle credits that Tesla can sell to other manufacturers. Tesla would be losing (more?) money without them.
But if it saves the life of just one polar bear, the subsidies are all worth it.
extending the logic of the government setting up their own charging stations at parking meters I think when you see a critical mass of electric cars especially in downtown urban areas
you’ll start seeing them restricting the number of gas stations in those areas via environmental regulations to squeeze them out.... effectively making gas not available downtown and favoring the electric vehicles
with the added unspoken benefit that the gas was provided by private businesses but the electrical charging is provided by the local municipality at those charging station parking meters
Then you’ve missed some great investments over the years.
Well Tesla Fan Boy.... If you read the entire thead, you would have seen my positive comments about Musk, as far as his other ventures.
OTOH......
If you are naive enough to invest in a company that has a 6.93 EPS loss, and / or buy a vehicle that has a $20K part that has a fairly short definable shelf life, and a deceptive green label.........
Well, I can't help you..
As of this morning.....My annual ROI since 1993 has been 52.48% You were saying?
As of this morning.....My annual ROI since 1993 has been 52.48% You were saying?
...
Great. Call your mom and let her know.
When the price of copper goes up again, all those public charging stations will be short corded.
My mother died a number of years ago. Thanks for sharing your maturity level.
We haven't needed OPEC oil for a while now. Outside of an initial up-tick in price, an OPEC embargo would at least dry up much of the money supporting moslem terrorism around the globe.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.