Tesla to Produce 'Affordable EV' by 2016

Discussion in 'Tesla' started by mrbigh, Jun 12, 2013.

  1. Air_Boss

    Air_Boss Senior Member

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    Ha! In response to the shyte being spewed here toward anyone who has the nerve to question The Great Musk?

    It's worse than $AAPL fanboi behavior, praising The Great Jobs. At least Apple has a track record and a product line, if a modest slice of the overall computing, handheld and OS markets.

    The $TSLA fanbois need to take an objective look into the mirror, do a gut check, and get a grip.
     
  2. Air_Boss

    Air_Boss Senior Member

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    Sure, tell that to the board call buyer. ^^^^^
     
  3. Sergiospl

    Sergiospl Senior Member

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    Video: IGN Reviews Tesla Model S to Find Out if It’s The Best Gadget Ever!
     
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  4. Zythryn

    Zythryn Senior Member

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    Nice review! Glad they mentioned negatives as well as positives.
    Although parking sensors are now available as an option:)
     
  5. Sergiospl

    Sergiospl Senior Member

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  6. vinnie97

    vinnie97 Whatever Works

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    They're shooting for only 200 miles on the econo line come 2017. I might be pleased with that, if I wasn't coming from a couple of Prii.
     
  7. daniel

    daniel Cat Lovers Against the Bomb

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    In 2004, when I bought my Prius and joined Prius Chat, there were folks on the chat boards who thought the Prius would never make it. Now it's such a mainstream car that the former haters are driving them for the simple reason that the Prius is reliable and burns less gas than other gas cars.

    Now we have Tesla haters. I'm not entirely sure why they hate Tesla so much, just as I never understood why some folks hated the Prius so much. Of course, Toyota is a Japanese company and some folks still have not gotten over Pearl Harbor, even though it happened before they were born. Tesla is an American company, using American workers and American technology to make America less dependent on foreign oil. Yes, Musk got a loan from the government, which he paid back ahead of time, and yes, that loan came at a critical time and may have saved this American company and its American jobs. But why all the hate?

    As an owner, let me say that I love my Tesla, which has not consumed a drop of fossil fuel directly or indirectly since I bought it just over two years ago. My electricity comes from hydro here in the Pacific Northwest. My TSLA stock, which I bought because I liked the car so much, has gone up about six-fold, showing that the market believes the company is financially sound.

    And as Sergi's post above attests, the latest car from Tesla is The Greatest Gadget Ever. (Mine is more primitive: Just a blazingly quick, quiet, nimble, two-seat sports car with a 245-mile range and no tailpipe or transmission.) Tesla is currently the technological leader in an emerging market that can only benefit from exponentially rising demand for oil world-wide. Personally, I won't buy more stock at $150, but I won't sell my shares either, and I certainly would not short it.
     
  8. Sergiospl

    Sergiospl Senior Member

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  9. daniel

    daniel Cat Lovers Against the Bomb

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    The competition between GM and Tesla is good, though I would not trust GM as far as I could throw a Suburban. Too bad they didn't stick with EVs when they were the leader in the field.

    The talk of pricing is unclear, though, since we don't know if either or both companies are talking before or after the federal tax credit.
     
  10. John H

    John H Senior Member

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    Time to buy back those calls for $19. :)
     
  11. Zythryn

    Zythryn Senior Member

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    Tesla has stated a target of $35,000 without tax credits. It is likely they will run through their 200,000 allotment by the end of 2017.

    Of course, GM won't even give us a rough target date, which is disappointing.
     
  12. Air_Boss

    Air_Boss Senior Member

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  13. daniel

    daniel Cat Lovers Against the Bomb

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    TSLA is a very volatile stock, as it is a still-young company in an emerging technology. The nay-sayers have been predicting its failure since before the Roadster went on sale. They predicted the failure of the Model S. And now they are predicting the failure of the Model E. They keep talking about all the people for whom an EV is impractical: People who need the cheapest possible transportation; households with only one car that must serve as a commuter car as well as a vacation road-trip car; people without a garage; etc. What they are missing is that for Tesla to succeed it doesn't need every car buyer in the country to buy its cars. They are missing a huge market of people for whom an EV is an ideal choice: Households with two or more cars, where one can be exclusively a commuter car and the other can be the road-trip car. This is most American households. Eliminate those without a garage and those who must look for the cheapest transportation, and you still have many times more ideal buyers than can be served by all the EV makers put together for the next decade. Then consider the reputation for quality that Tesla is building, and they are well-positioned to compete with companies like GM that have a reputation for poor treatment of their buyers.

    The stock market is not a rational place, and TSLA is bound to bounce from way over-priced to way under-priced. I would never put money I could not afford to lose into it. (Though I met a guy who bought his Model S from the profit of buying TSLA when it was $20 or $30 and selling when it was well over $100.) And there's no telling which companies will still be around in ten or twenty years as EV technology and market mature, But Tesla is certainly well positioned to come out strong. And just as I would not put money I could not afford to lose into it, I certainly would not sell it short. $191 (the current price as I write this) may be high, and it may fall, but EVs are only going to get more popular as worldwide demand for oil continues to push gas prices higher, and right now, Tesla is the technology and quality leader in the field.
     
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  14. Sergiospl

    Sergiospl Senior Member

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  15. Sergiospl

    Sergiospl Senior Member

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  16. austingreen

    austingreen Senior Member

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    Stock is down 12% in after hours trading because suppliers are constraining production bellow levels analysts were expecting. IMHO that may be bad news for some new stock holders, its good news for the plug in market, as when battery supply gets worked out, there is plenty of demand.
     
  17. daniel

    daniel Cat Lovers Against the Bomb

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    TSLA has always been a volatile stock. It goes up, it goes down. People keep trying to read stuff into that, many predicting doom every time it goes down. But it's just very volatile. Over the long term, it seems to be going up and up, while it follows a saw-tooth path. Or a better analogy would be a mountain-ridge, since saw teeth are regular and mountain ridges are wildly erratic. (Every time they tell me we're going to hike a ridge I imagine something level, but it never is.)
     
  18. austingreen

    austingreen Senior Member

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    Daniel, people like us that got in early are in good shape.

    The valuation is very high, even after the drop tomorrow. Tesla needs to do just about everything right to have the stock continue to rise with that valuation.

    This drop although big, is not a doom move for the stock. Telsa will get its supply chain in order, whether panasonic can fulfill orders, or they go to samsung, or have to build a battery plant themselves. It does risk getting to volume on blue star in 2016, but 2017 will be just fine with me. Tesla has been making better moves than any other auto company.
     
  19. Sergiospl

    Sergiospl Senior Member

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    If Model X price will be somewhat similar to Model S, I wonder when will we see the "Affordable" Model.
     
  20. austingreen

    austingreen Senior Member

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    The affordable tesla means price in the thirty thousands, and that is code named blue star. It is supposed to be about the size of a bmw 3, and may serve a similar luxury sport sedan. We should see a prototype at the end of next year. They have talked about 2016 or 2017, while the tesla X with the same battery packs as the S is due to start shipping at the end of next year.
     
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