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Tesla Nabs 8% of the U.S. Luxury Car Market
fool.com ^ | August 4, 2013 | Chris Neiger

Posted on 08/04/2013 9:47:03 AM PDT by ckilmer

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To: mylife
It just shows that rich people cam afford luxury toys.

And they're the ones who should be buying hybrid electric vehicles, allowing the technology to mature and trickle down to the everyday driver.

In the 1920s and 1930s it was the luxury vehicles who pioneered supercharging, V8 engines, hydraulic brakes, electric starters, etc.

21 posted on 08/04/2013 10:26:26 AM PDT by Yo-Yo
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To: carriage_hill
I'm not, and am still driving my pristine 2002 Jeep Grand Cherokee 'Laredo', with almost 300k on it. Too many doo-dads, gadgets and electronics in the new ones.

Just picked up a 2008 Wrangler Unlimited myself...fun!


22 posted on 08/04/2013 10:27:35 AM PDT by Kip Russell (Be wary of strong drink. It can make you shoot at tax collectors -- and miss. ---Robert A. Heinlein)
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To: Kip Russell

SWEET!


23 posted on 08/04/2013 10:28:20 AM PDT by Carriage Hill (Guns kill people, pencils misspell words, cars drive drunk & spoons make you fat.i)
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To: morphing libertarian; Gay State Conservative

I am a supporter of electric cars and hope they can make it on their own. I also support more oil production in the US. Anything other than oil from the middle east or venezuela.
.......
Yeah I put this in the same category as the Picken’s Plan to put truckes and busses on natural gas. Anything that reduces demand for oil—especially foreign oil ... is better.


24 posted on 08/04/2013 10:29:36 AM PDT by ckilmer
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To: carriage_hill

With 0scumbag shutting-down scores of coal-fired power plants, how are they going to charge the EV cars? Windmills?

..........
good question. I think the carbon dioxide hysteria is way overated and stupid. No coal plants need to be shut down.


25 posted on 08/04/2013 10:31:09 AM PDT by ckilmer
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To: ckilmer

Total BS. When’s the last time anybody saw a Tesla driving down the street? Anyone? Bueller, Bueller? I didn’t think so. You would think that with 8% of the market you’d see one at least occasionally instead of virtually n e v e r!


26 posted on 08/04/2013 10:32:37 AM PDT by slouper (LWRC M6A2)
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To: slouper

My buddy’s daughter has one. She’s a drug saleswoman (awesome legs, LOL) and gets “free” juice at work. The joke is some other guy bought a Volt and they are squabbling over the plug-in.


27 posted on 08/04/2013 10:35:33 AM PDT by nascarnation (Baraq's economic policy: trickle up poverty)
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To: Digger

Yeah but what happens to the price of oil if electric cars grab an ever larger piece of the automobile pie

Nothing much will happen. If by some means the true market forces work this corrupt government will just tax it more.
............
this is true as long as we’re talking about 10k-500k cars. but if 1 million electric cars are on the road displacing gas demand with electric demand....—that will put a serious dent in the demand for oil .... that will force oil prices down.

Consider also that that the USA is producing an extra 1 million barrels of oil each year.

Currently demand for oil from overseas is increasing steadily (US demand is not currently falling) and US production is increasing steadily so supply and demand are balanced.


28 posted on 08/04/2013 10:40:21 AM PDT by ckilmer
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To: slouper

Total BS. When’s the last time anybody saw a Tesla driving down the street? Anyone? Bueller, Bueller? I didn’t think so. You would think that with 8% of the market you’d see one at least occasionally instead of virtually n e v e r!
..........
Most of the Tesla’s being sold are being sold in California coastal communities.


29 posted on 08/04/2013 10:42:17 AM PDT by ckilmer
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To: Yo-Yo

And prior to the 20s it was electric vehicles, but I get your point about the rich allowing technology to develop.

http://www.popularmechanics.com/cars/jay-leno/vintage/4215940


30 posted on 08/04/2013 10:42:36 AM PDT by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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To: ckilmer
There's infinitely more CO2 coming from the oceans (sinks), than from any man-made sources.
31 posted on 08/04/2013 10:45:40 AM PDT by Carriage Hill (Guns kill people, pencils misspell words, cars drive drunk & spoons make you fat.i)
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To: ckilmer

Electric Cars use fossil fuels than an internal combustion engine.


32 posted on 08/04/2013 10:46:24 AM PDT by dila813
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To: ckilmer

On the other end of the scale let’s ask McAulliffe how many greentech cars his (formerly on the board) company actually sold? Answer almost as many as Tesla.


33 posted on 08/04/2013 10:49:15 AM PDT by John S Mosby (Sic Semper Tyrannis)
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To: ckilmer

They will need to compete better and finally lower their prices to cause more people to buy the cars that use their products! Competition is good and we see over the years what has happened when the oil companies have had almost none...big big price gouging periods..because they can.


34 posted on 08/04/2013 10:49:39 AM PDT by fabian (" And a new day will dawn for those who stand long, and the forests will echo in laughter")
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To: carriage_hill

Massive amounts of CO2 come just from rotting plants and animals.
The autumn leaves for example.
CO2 is only a problem if it displaces O2.


35 posted on 08/04/2013 10:50:20 AM PDT by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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To: mylife

You mean Teddy Roosevelt didn’t provide a technology grant to Baker?


36 posted on 08/04/2013 10:53:19 AM PDT by Yo-Yo
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To: Yo-Yo
No Sir. ☺
37 posted on 08/04/2013 10:54:08 AM PDT by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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To: ckilmer
but if 1 million electric cars are on the road displacing gas demand with electric demand....that will put a serious dent in the demand for oil ....

Six years ago your hypothetical 1 million electrics would be less than half of one percent. Serious dent? Heck that's barely a ding around here.

"254.4 million registered passenger vehicles in the United States according to a 2007 DOT study"

38 posted on 08/04/2013 10:58:22 AM PDT by Covenantor ("Men are ruled...by liars who refuse them news, and by fools who cannot govern." Chesterton)
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To: Yo-Yo

1898 Porsche Hybrid.

http://en.wikipedia.org/wiki/Lohner-Porsche


39 posted on 08/04/2013 10:58:30 AM PDT by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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To: ckilmer
They’re talking about Tesla having 8% of the luxury car market in the USA

It depends on how you define "luxury".I consider the makes that I mentioned earlier to all be luxury brands.BMW,for example,sells the 5 Series...its "midline" sedan and a car that I consider to be very much a luxury car.I've driven a couple of them and they sure beat anything that Ford,Chevy,Toyota or Honda makes.

40 posted on 08/04/2013 11:02:20 AM PDT by Gay State Conservative (If Obama Had A City It Would Look Like Detroit.)
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