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Re:Tesla (TSLA) surpasses BMW's valuation as one soars and t... by cache_miss on Thursday November 08, 2018 @09:59AM (#18406627)
As a former BMW fanboy, here's my take:

1) Over the past decade, BMW has snuffed the enthusiast/semi-enthusiast crowd to cater to mainstream luxury buyers.

2) Anecdotally, I've noticed that the Tesla buyers of today were the BMW/Audi buyers of yesterday.

Who's still interested in new BMWs?

Re:Tesla (TSLA) surpasses BMW's valuation as one soars and t... by LeonM on Thursday November 08, 2018 @10:13AM (#18406751)
> Who's still interested in new BMWs?

This. Exactly this.

I've overheard potential buyers (not just at BMW, but all car dealerships) asking questions like:

- Can I get this car in an all-electric version? > No

- Can I get this car with AWD (dual motor) > No

- Can I get this car with autopilot > No

- Will this car receive updates over the air? > No

- Does the base model come with 300+ HP? > No

- Can I control this car using an app? > No

- Can I fuel/charge for free? > No

Then why pay 80k for a 5-series, if you can also get a tesla for that price?

Re:Tesla (TSLA) surpasses BMW's valuation as one soars and t... by cache_miss on Thursday November 08, 2018 @10:20AM (#18406821)
Not to mention resale. A 2013 Model S still sells for 40k. A 2013 BMW 5-series sells for about 15k. All BMW has left is its badge.
Re:Tesla (TSLA) surpasses BMW's valuation as one soars and t... by hcg on Thursday November 08, 2018 @04:06PM (#18410031)
They should really just have anyone who asks if they can control the car using an app tossed out.
Re:Tesla (TSLA) surpasses BMW's valuation as one soars and t... by LeonM on Friday November 09, 2018 @07:31AM (#18413924)
Being able to pre-heat the cabin, or checking the charge status on a phone is a reason to be 'tossed out' of the dealership? Boy, you'd be a good car salesman!
Re:Tesla (TSLA) surpasses BMW's valuation as one soars and t... by mtgx on Thursday November 08, 2018 @10:25AM (#18406866)
> 1) Over the past decade, BMW has snuffed the enthusiast/semi-enthusiast crowd to cater to mainstream luxury buyers

Interesting you say that, as I feel Apple is committing the exact same mistake lately.

Re:Tesla (TSLA) surpasses BMW's valuation as one soars and t... by abledon on Thursday November 08, 2018 @10:14AM (#18406755)
Tesla is the new status symbol. Tech is in today. If you are an elite business man and don't have the highend flagship phone, either pixel 3 or iphone XR etc... you are not respected. Similarly if you don't have the coolest and most high tech car (Tesla), you are not respected.
Re:Tesla (TSLA) surpasses BMW's valuation as one soars and t... by gamblor956 on Thursday November 08, 2018 @11:41AM (#18407532)
Interesting. I work in LA, and Tesla's are already passe in the entertainment, music, and sports industries. If you still drive a Tesla, it means you weren't on the waitlist for the Jaguar i-PACE. Executives are already bragging about preordering the Porsche Taycan.

Having ridden in every model Tesla and test-driven an i-PACE, Tesla should be terrified. The i-PACE doesn't have the range or acceleration of a Tesla, but everything else about the car--including, most importantly, ride comfort (this is LA, after all...0 to 60 speed is irrelevant in rush hour traffic)--is miles ahead of what Tesla can muster.

Re:Tesla (TSLA) surpasses BMW's valuation as one soars and t... by muro on Thursday November 08, 2018 @10:30AM (#18406912)
Lol, what nonsense. Look at Warren Buffett.
Re:Tesla (TSLA) surpasses BMW's valuation as one soars and t... by abledon on Thursday November 08, 2018 @10:47AM (#18407050)
Warren Buffet has his head on straight. Most wall street guys are just about money power and __status__!
Re:Tesla (TSLA) surpasses BMW's valuation as one soars and t... by dplgk on Thursday November 08, 2018 @09:05PM (#18411850)
I bought a 2013 hard top convertible with 40k miles for $20k. Couldn't be happier. Console has real knobs, too.