Re:Tesla Is The New Bubble Stock
by astrowilliam on Thursday October 17, 2013 @02:43PM
(#6567329)
I absolutely love Tesla, but saying 30,000 is in everyones price range is a little off.
Look at Fords lowest price vehicle, around 14k. Tesla can not compete with that at this time.
There are plenty of other factors that go into purchasing a vehicle than price which include being able to go to a showroom and test drive a car. I have to travel at least 5 hours to see a Tesla dealership, I love Tesla, but I won't be driving 5 hours to go to a dealership to test drive one. I just don't have the time.
In order to get a normal American family in a Tesla the price has to come down to the ~20-25k range.
I have to travel at least 5 hours to see a Tesla dealership, I love Tesla, but I won't be driving 5 hours to go to a dealership to test drive one.
Nor would you be driving one home, unless it's on a flatbed.
They're working on a $30k model, which then everyone will be able to afford it. It will be a matter of lining up balance sheets to be able to afford creating additional factories for millions of cars per year. They're moving towards this tipping point, and have been extremely successful in terms of moving everything forward.
For reference, their current plant is capable of producing 500,000 vehicles per year. That equates to $15 billion annual revenue if just selling the $30k model. The cost of owning a Tesla / electric car when you get free charging at Tesla stations, or electric charging from the grid in general are dramatically less than paying for gas - and the costs will only go down.
And the fact that these vehicles are good for the environment, good for you ... and they're quiet, and they'll last longer (fewer moving parts), etc.. People who don't understand the value of what's being done either haven't thought through it, or don't have the capacity to think holistically - to take the full scope into account.