Re:Rivian valued at over $100B after biggest IPO of 2021
by random314 on Thursday November 11, 2021 @01:48AM
(#29185149)
A 40K tesla car is very conservatively equivalent to a 30K gas car in terms of total cost of ownership. The 3 factors are
1. Significantly reduced energy costs
2. Significantly reduced maintenance, not even oil changes
3. Significantly longer car life, because of having barely any moving parts.
Most of the car parts that go bad in the 100K-300K mile range don't even exist in a Tesla.
Tesla is production limited, not demand limited in its sales. Just the model 3, model y and cybertruck will get them to 4M per annum - no problem.
I am very skeptical that battery costs are going to drop that much that Tesla can make cars for say 15-20k and retail at 25-30k to make the 10k profit you propose.
Battery chemistry is rapidly evolving of course with lesser conflict resources / better performance etc, but raw material costs for basic ingredients are fairly expensive, that puts a hard floor under which it would be hard for Tesla to go below.