Who is gonna buy all those cars? They are expensive. They need all the electrical refill infrastructure which in most countries is still not well developed.
Are they for USA and the new upper-middle-classes from Rusia and China?
Even in a country like Switzerland we don’t see many of them.
I guess it will depend on how fast they ban fuel cars. But still, why would people buy a Tesla which is super expensive if there will come more affordable brands?
Emmanuel Macron recently said this winter there might be cuts on electrical illumination of cities. Germany is going back to charcoal.
But I’m sure you’re right, Tesla is stupid to expand their production capacity. These expensive cars have measly 12 months of wait time between order and delivery. Surely they have no idea. Their cars are so expensive and there is no demand. And also they will never produce a more affordable car, not gonna happen.
EVs are still relatively new. Battery costs are still decreasing, car weight is dropping, energy efficiency is improving. We are constrained by battery capacity, so the batteries are mostly going to the highest margin vehicles. One battery production ramps up, you will see reduction in cost. If you want to see cheap EVs today, look at China. They have a bunch of EVs to choose from.
I don’t understand why you took it as an attack (or responded like it was). I was genuinely asking. I don’t see teslas mate. They cost a fortune. We are about to enter an economic recession or depression + shortage of gas. My question was simple: Where and who is going to buy those cars?
I am not saying TSLA shares are not valuable or anything.
Same as Patron, we are seeing many Teslas in our mountain resort. My bet is they’re bought first for the “luxury” factor (people want to stand out, which is, of course, not very mustachian to do but most people are not mustachians), then because they want an EV, with probably the added benefit of Tesla being the first to really build EVs reliably.
Those are just guesses, though. I don’t buy expensive cars so I wouldn’t know the thought process that goes behind it.
If you drive a Tesla Model LR for 150’000-200’000km, the total cost of ownership will be somewhere around a Hyundai i30 for 30-35k.
We have our for ~3 weeks now and drove 2’500km with it. CHF 150 for charging (public, as we can’t charge at home right now). If we could charge at home, it would be CHF 75.
No offense mate. I don’t know what TSLAQ is but I was not bashing Tesla. I don’t have anything against it. I was genuinely wondering who buys/is going to buy them, given the factors I mentioned.
Do they really? How much does an Audi A4 cost? Or BMW 3, Mercedes C? Including gas and repairs?
The point is: Is Tesla going to replace all those Audi, BMV, Mercedes, etc. ? Both EV and Fuel models.
There is a big chance that all of current carmakers will go bankrupt.
They will start losing money on their current ICE business
They will fail at producing profitable EVs
You see, it’s not a problem to make a prototype. Or a nice car in general. But you need to make profit. I think so far nobody does, except Tesla. Not even the Chinese.
That’s a bold statement, are there data on this? The Nissan Leaf and Renault Zoe don’t target the same customers as Tesla models. I’d buy a Leaf, but not a Tesla (and would be interested in an EV but absolutely not in self-driving and data gathering features). I know I’m but a single data point myself but “big chance” of every current automaker but Tesla to go bankrupt feels an overstatement to me.
Only hearsay. I didn’t investigate this on my own. I heard that the incumbents sell EVs at a loss, so they don’t have the incentive to sell too many, and that the Chinese have razor thin margins.
This goes back to what I said earlier. Everybody has trouble to find enough batteries right now. The demand for EVs is surging and it takes a lot of time and effort to build more batteries. Tesla is not releasing a cheaper EV and postponing all other EVs, because there is enough demand for the Model 3 & Y to satisfy their current battery supply.
So Tesla is not making cheaper EVs because it is not feasible or profitable yet, and I’m sure the legacy manufacturers will struggle even more. So we just need time for the supply to catch up with the demand. Actually, they say that currently the biggest bottleneck is lithium You can’t just build a lithium mine overnight. You need permits, battle environmental group, etc.
Altman Z-Score shows the financial condition of a company and the risk of going bankrupt. Under 1 is bad, 1-3 is “danger zone”.
I tried to order a BMW i4 via the Hungarian BMW today.
estimated delivery is 18 months (but even this is not guaranteed, just estimated)
you are free to cancel your order after 6 months or continue HODLing at your own delivery risk
15%(!) down payment (vs 200 CHF for Model 3/Y), the rest is paid based on the EUR rates whenever the car arrives.
not even an aspired manufacturing date is known
But hey, you can configure 12 different seat materials, 8 wheel designs, 15 external and 4 internal color shades, and about 3 dozen options on the car, making it… just impossibly slow to manufacture.
And the i4 is not even a real EV, it’s an ICE chassis with batteries and an electro-motor.
I wouldn’t try that for insurance reasons. Better not to buy at all.
I’ve read elsewhere that it’s basically an old idea, just modernised with subscriptions and software. Someone mentioned similar “features” in old cars, where the functionality was installed, the only missing part were switches. Once you knew that, you just had to install the switches to have it.
It should be fine to pay for stuff they also need to source (eg. SIM card, navigation updates or other human services). But things you have already bought in hardware should be bought once and for all.
Almost everything will become subscription based service sooner or later. Users have proved they are OK to pay their phone (with AppleCare on top), their storage, all their entertainment services now on a monthly basis, so why not extend to everything they can? You can’t blame them.
Actually for the specific case of the heat seater, as you don’t use it all year long, if it is deducted from the price of the car, why not. That way you can drive the Mustachian way and freeze your a** off every now and then to reduce costs
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