Hadn’t thought of that, but yeah.
This is anecdotal, but I’ve been seeing a lot of Teslas driving around town.
More and more all the time. I guess some people like them. Perhaps it’s a bit of status.
They look nice. I know nothing about them in terms of practicality.
I would think the massive recalls were their worst nightmare?
“May not feel compelled to buy an electric car”.
Key word: COMPELLED. Just the next step away from being forced to buy an electric car.
The people who will shell out 70-90k for a car with a 250 mile range and at best 4 hour recharge don’t care what gas prices are like. Tesla doesn’t have the tech down to make a cheap car for the masses who will make the mileage calculation.
Tesla stock is down because they keep recalling cars, have had massive failure rates on the early models, and don’t meet production targets.
I think a $100,000 + price tag and a crappy economy might have something to do with it. There is a finite demographic of people who will plunk down that kind of coin for a toy.
It's what Hybrids were some years back: By driving a Tesla you show you're much better than those little people that are driving gas powered planet destroying vehicles and you want everyone to know that.
Cheap gas isn’t going to last forever.
Anybody who can afford to fork out $70,000+ for a novelty vehicle isn’t worried about the cost of gas.........
Nevada really screwed themselves by giving away the farm to Tesla and Faraday.
Middle class Americans shouldn’t be subsidizing expensive toys like Teslas.
Tesla's worst nightmare would be the removal of the fat taxpayer subsidies.
Price of gas doesn’t matter to rich people and the toys they choose.
A Tesla is a luxury item unconnected to economic factors.
Expanding into the general consumer market was never an option anyway.
So people will keep buying them because they like them, for totally uneconomic reasons.
Toy for rich Californians.
I’ve always felt Tesla stock was a slam dunk short.
But I’ve also learned never bet against a regime affiliated crony capitalist.
So I’m just a spectator.
With all that subsidized money who really lost?
Their BIGGEST problem is the limited supply of idiots that have some psychological need to buy the car...and that supply is quickly being exhausted.