Re:Tesla races past $100B in market valuation
by notJim on Wednesday January 22, 2020 @12:22PM
(#22119662)
> People forget that EVs are going to likely be on the road a lot longer than ICEVs, due to lower wear-and-tear. Past battery capacity degradation, there isn't much to break.
People always say this, but I'm a bit skeptical. I own a 13 year-old Toyota with 200k+ miles on it, and the things that break are more like suspension parts, wheel bearings, etc. I think drivetrains are pretty reliable at this point.
Re:Tesla races past $100B in market valuation
by ctdonath on Wednesday January 22, 2020 @12:20PM
(#22119621)
That's my wife's current objection to buying an EV: after a quarter-million miles, a Tesla will still be running fine with no reason to replace it (vs an ICE trying to self-destruct).
Re:Tesla races past $100B in market valuation
by Psyonic on Wednesday January 22, 2020 @03:52PM
(#22121900)
She objects to EV's because they keep working longer?
Re:Tesla races past $100B in market valuation
by ctdonath on Wednesday January 22, 2020 @04:28PM
(#22122251)
Yup. And not an uncommon opinion.
At a quarter-million miles, most people want something different. "It's falling apart" is an acceptable excuse. "It's running just fine, another three-quarter-million miles to go" not so much.
Re:Tesla races past $100B in market valuation
by mlyle on Wednesday January 22, 2020 @12:19PM
(#22119609)
App stores are lucrative and all, but there's just not that many cars compared to iPhones / Android phones to sell apps to.
Re:Tesla races past $100B in market valuation
by ethbro on Wednesday January 22, 2020 @12:29PM
(#22119769)
I'd say the counterargument would be: what other channel can guarantee attention while a person is moving around?
Seems to map fairly well to monetization, which is essentially what drove mobile.
Ad targeting when you break a geofence? $$$
This is the only thing that remotely justifies their current valuation.
If you expect them to crush it in China + monetize their install base via creating an app platform for 3rd party apps + get to self-driving.
People forget that EVs are going to likely be on the road a lot longer than ICEVs, due to lower wear-and-tear. Past battery capacity degradation, there isn't much to break.