6 ms·

Tesla might be "...doing it...", but that doesn't mean the stock price isn't confusing.

by sdhfjg 5y ago

chemmail 5y ago
Their price is fine if you look at the Apple analog. Not even knows they want a Tesla like not everyone knew they wanted an iPhone. It's not that they even want one, you basically have to have a smartphone nowdays. EVs will be similar in many many respects. And once someone tries one, that is it. There is no going back. Of coarse there are other brands of smartphones, but not thing comes close to iPhone in terms of the brand, just like Tesla. There will always be metrics other brands can beat Tesla in, but the overall brand and product is unrivaled and will probably be so for the next 10 years. After that though, it's anyone's guess.
- kyruzic 5y ago
  Except apple is like louis vutton. Most people can actually afford an iphone or a louis vutton bag. Most people cannot afford to drop 50k on a tesla.
  - deleted 5y ago
    [deleted]
  - Jensson 5y ago
    Investors are betting on Tesla cars getting cheap enough that average people can afford them.
    - jonas21 5y ago
      It's nearly there already. The average new car in the U.S. costs $41K, and the Tesla Model 3 is $45K.
      - kyruzic 5y ago
        The lowest spec model 3 is 45k. No one buys the lowest spec car except rental car companies.
        _ph_ 5y ago
        Check out the specs of a Model 3. Unlike most other cars, where the lowest spec means that most of the comfort equipment you want to have is missing, there are almost no differences between the tiers. The most significant difference is the size of the battery and that it only has RWD, otherwise it is mostly identical to the higher specs. Buying the lowest spec of the Model 3 is quite common as a result.
    - jonathankoren 5y ago
      Yeah, but plugin electrics are already cheap enough. They're just not made by Tesla. Nissan Leaf $28,375 Mazda MX-30 $34,645 Hyundai Ioniq $34,650 https://www.cars.com/articles/here-are-the-11-cheapest-electric-vehicles-you-can-buy-439849/ https://www.cars.com/articles/here-are-the-11-cheapest-elect...
      - nebula8804 5y ago
        They don't seem equivalent: 1. Nissan Leaf $28,375 - 150 Mile range for this price. (It is not advisable to drive this car long distances because the battery overheats and will reduce charging) 2. Mazda MX-30 $34,645 - ~100 mile range (ideal conditions) 3. Hyundai Ioniq $34,650 - 170 miles Model 3 starts at 262 Miles and has the superchargers + most of the stuff Tesla is known for included (sentry mode, good UI software, games, etc). I don't know about you but it seems like a second gen car whereas the others are all on first gen.
        jonathankoren 5y ago
        All of this true, but none of it is relevant. All of the cars I listed are real street legal cars (no NEVs), available for purchase today (no concepts), that are plugin electrics (no hybrids) with a range in excess of 100 miles, with a price less than $40,000. These are viable inexpensive cars. That was the criteria. Arguing that these don't count because they're not comparable to one that costs 50% more, isn't fair. The state with longest average commute distance is New Hampshire at 46 miles.[0] Even if that’s one way, that’s only 100 miles a day. Assuming you can only charge overnight, you’ll never use that extra range. You'll never even go below 50% if you can charge at work. The software you’re citing for Tesla is gimmicks and cruel jokes. Why does someone need a game that only works when your car is parked and the screen faces the driver? When would someone use this? And even if you find the situation where you want to play a game in parked car, why would chose this rather than any of the games on your phone? Tesla navigation last time I checked was Google Maps, but not Google turn-by-turn. That's odd. When I test drove a Model S, the salesman pitched some unknown streaming service as “like Pandora”. I’m sorry, but what? The car doesn’t even come with Android or Apple CarPlay. I’ve used CarPlay, it’s heads and shoulders above any OEM infotainment system I’ve ever used. It’s so good, it’s a requirement for my next car. Assuming AndroidPlay (or whatever it's called) is just as good, why would anyone want anything else? [0] Yes this is four years ago, and commutes have lengthened, but most articles I found expressed commute is minutes, not miles. Congestion and distance increase commute times. https://www.answerfinancial.com/insurance-center/which-states-have-the-longest-commute/ https://www.answerfinancial.com/insurance-center/which-state...
- 908087 5y ago
  I've spent plenty of time driving Teslas, and I've always been happy to go back to my own vehicles. I'd never buy one. That's not to say I don't think EVs are interesting. Teslas just happen to be garbage.
- cliftonk 5y ago
  Apple has 50% gross margins. Tesla will never have anything close to 50% gross margins unless they stop making cars.

Tesla might be "...doing it...", but that doesn't mean the stock price isn't confusing.

by sdhfjg 5y ago

Tesla might be "...doing it...", but that doesn't mean the stock price isn't confusing.

Their price is fine if you look at the Apple analog. Not even knows they want a Tesla like not everyone knew they wanted an iPhone. It's not that they even want one, you basically have to have a smartphone nowdays. EVs will be similar in many many respects. And once someone tries one, that is it. There is no going back. Of coarse there are other brands of smartphones, but not thing comes close to iPhone in terms of the brand, just like Tesla. There will always be metrics other brands can beat Tesla in, but the overall brand and product is unrivaled and will probably be so for the next 10 years. After that though, it's anyone's guess.

kyruzic 5y ago
Except apple is like louis vutton. Most people can actually afford an iphone or a louis vutton bag. Most people cannot afford to drop 50k on a tesla.
- deleted 5y ago
  [deleted]
- Jensson 5y ago
  Investors are betting on Tesla cars getting cheap enough that average people can afford them.
  - jonas21 5y ago
    It's nearly there already. The average new car in the U.S. costs $41K, and the Tesla Model 3 is $45K.
    - kyruzic 5y ago
      The lowest spec model 3 is 45k. No one buys the lowest spec car except rental car companies.
      - _ph_ 5y ago
        Check out the specs of a Model 3. Unlike most other cars, where the lowest spec means that most of the comfort equipment you want to have is missing, there are almost no differences between the tiers. The most significant difference is the size of the battery and that it only has RWD, otherwise it is mostly identical to the higher specs. Buying the lowest spec of the Model 3 is quite common as a result.
  - jonathankoren 5y ago
    Yeah, but plugin electrics are already cheap enough. They're just not made by Tesla. Nissan Leaf $28,375 Mazda MX-30 $34,645 Hyundai Ioniq $34,650 https://www.cars.com/articles/here-are-the-11-cheapest-electric-vehicles-you-can-buy-439849/ https://www.cars.com/articles/here-are-the-11-cheapest-elect...
    - nebula8804 5y ago
      They don't seem equivalent: 1. Nissan Leaf $28,375 - 150 Mile range for this price. (It is not advisable to drive this car long distances because the battery overheats and will reduce charging) 2. Mazda MX-30 $34,645 - ~100 mile range (ideal conditions) 3. Hyundai Ioniq $34,650 - 170 miles Model 3 starts at 262 Miles and has the superchargers + most of the stuff Tesla is known for included (sentry mode, good UI software, games, etc). I don't know about you but it seems like a second gen car whereas the others are all on first gen.
      - jonathankoren 5y ago
        All of this true, but none of it is relevant. All of the cars I listed are real street legal cars (no NEVs), available for purchase today (no concepts), that are plugin electrics (no hybrids) with a range in excess of 100 miles, with a price less than $40,000. These are viable inexpensive cars. That was the criteria. Arguing that these don't count because they're not comparable to one that costs 50% more, isn't fair. The state with longest average commute distance is New Hampshire at 46 miles.[0] Even if that’s one way, that’s only 100 miles a day. Assuming you can only charge overnight, you’ll never use that extra range. You'll never even go below 50% if you can charge at work. The software you’re citing for Tesla is gimmicks and cruel jokes. Why does someone need a game that only works when your car is parked and the screen faces the driver? When would someone use this? And even if you find the situation where you want to play a game in parked car, why would chose this rather than any of the games on your phone? Tesla navigation last time I checked was Google Maps, but not Google turn-by-turn. That's odd. When I test drove a Model S, the salesman pitched some unknown streaming service as “like Pandora”. I’m sorry, but what? The car doesn’t even come with Android or Apple CarPlay. I’ve used CarPlay, it’s heads and shoulders above any OEM infotainment system I’ve ever used. It’s so good, it’s a requirement for my next car. Assuming AndroidPlay (or whatever it's called) is just as good, why would anyone want anything else? [0] Yes this is four years ago, and commutes have lengthened, but most articles I found expressed commute is minutes, not miles. Congestion and distance increase commute times. https://www.answerfinancial.com/insurance-center/which-states-have-the-longest-commute/ https://www.answerfinancial.com/insurance-center/which-state...
908087 5y ago
I've spent plenty of time driving Teslas, and I've always been happy to go back to my own vehicles. I'd never buy one. That's not to say I don't think EVs are interesting. Teslas just happen to be garbage.
cliftonk 5y ago
Apple has 50% gross margins. Tesla will never have anything close to 50% gross margins unless they stop making cars.