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Anyone getting in line for Tesla Model 3?

Discussion in 'BBS Hangout' started by CXbby, Mar 18, 2016.

  1. CXbby

    CXbby Member

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    Are you looking to sell batteries and mad at Tesla for eating your lunch? Or because the Model 3 makes your eBike feel inadequate?
     
  2. Bandwagoner

    Bandwagoner Member

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    If you hadn't previously demonstrated your inability to do simple arithmetic I would think this was a joke and not a seriously r****ded question.
     
  3. CXbby

    CXbby Member

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    Heh. Sorry for falling for your trolling. We can stop hijacking this thread now like you would prefer. I'll look for you on your Ebike. Bye.
     
    1 person likes this.
  4. CXbby

    CXbby Member

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    Tesla has been known for their delays(on Roadster/S/X) so that is why some people are worried. Although it is a bit overblown. Model S was delayed only a few months. And while the Model X was technically delayed by over 3 years, much of that was due to the Model S getting way more demand than initially anticipated*, so Tesla had to focus on ramping up Model S production instead of finishing Model X. Later on the X was delayed a few more months due to engineering issues with the doors and second row seats.

    For the Model 3, no way will there be multi year delays like the Model X, since it will be a much easier car to build, as it doesn't have any complex mechanisms like the Model X's Falcon wing doors etc. Although if I were to guess, it may still be delayed a few months and get pushed into early 2018. I think this because Elon just tweeted the other day that we have yet to even see the "real" steering system for the Model 3, and that it would blow you away and make you feel like you are in a spaceship. That means the interior that we saw was still unfinished.

    *The initial estimates for Model S demand were 10k - 20k/year maximum after a few years, as it turns out - they delivered 50k last year and growth still has not waned.
     
  5. Swishh

    Swishh Member

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    Knocking on wood for a late 2017 delivery. Thanks.
     
  6. Icehouse

    Icehouse Member

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    If you buy a $1,000 reservation is it transferable? Can you sell it to someone later? Or have so many sold as to where demand can be met late?
     
  7. R0ckets03

    R0ckets03 Member

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    Loving the stock price as of right now!
     
  8. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
    Supporting Member

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    This Model 3 is going to be revolutionary but Tesla really needs to step up their service game big time. It really gets frustrating if you have any issues.

    Also, I'm curious how the interior is going to come out. I'm betting it will be underwhelming, but hopefully there isn't a ton of rattling and squeaking coming from it like I've dealt with.
     
  9. R0ckets03

    R0ckets03 Member

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    What are the issues you've dealt with? About a year or so ago my roof started to make a noise at high speeds, but they were able to fix it quickly.

    The one big negative about Model S is of course the interior. I think my Toyota Avalon had better seats and feel.
     
  10. Junkyard_Dog

    Junkyard_Dog Member

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    I really do like my Impala but if I ever move on it will probably be a Tesla. But this should also inspire competition from the other car makers to finally make electric cars people want to drive. Should be interesting in the future
     
  11. CXbby

    CXbby Member

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    A short squeeze is starting to materialize. Currently there are roughly 32 million shares X current shareprice($265) = $8.48B betting against TSLA. This also represents close to 30% of the shares outstanding.

    Those who are betting against this company are coming face to face with a tsunami of pain. And as their brokers start to issue margin calls, they will be forced to buy at any available price.

    The detractors in this thread are not unique to online forums, but even more prevalent in financial markets. Those here should be thankful that they are only all talk and will at most merely lose face, rather than face financial ruin.
     
    #451 CXbby, Apr 6, 2016
    Last edited: Apr 6, 2016
  12. CXbby

    CXbby Member

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    They will double their service centers before the Model 3 comes out, but clearly that still won't be enough. I believe they will eventually have to partner with a dealer network for nationwide servicing when numbers get too big.
     
  13. CXbby

    CXbby Member

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    Daimler shareholders worried over Tesla:


    https://www.google.com/url?sa=t&rct...P9HfQJbeveng41SXg&sig2=qxcL7GMA-vv4KERnD91C_A
     
  14. CXbby

    CXbby Member

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    There is something that is not understood by consumers like yourself, financial markets, or the shareholders in the article I just posted.

    Competition will not arrive until 2020, possibly 2024.

    I know there is the Chevy's Bolt. Porsche is supposedly making the Mission-E in 2018. Audi is making the Q6 eTron also in 2018. And then there is the supposed Apple Car sometime down the line.

    None of these will be true competition and this is why.

    In order for Tesla to produce 500k cars/year, it needed to start construction of the world's largest battery factory. Once at full capacity it will produce more lithium ion batteries than the rest of the world combined.

    This all for 500k cars, a drop in the bucket for global production of 100 million cars/year.

    In order for Chevy, Porsche, Audi etc to produce anything close to 100s of thousands of cars to compete with Tesla, they would need to construct their own gigantic battery factories - not next year, not this year, but last year. Where are these factories? Nowhere - they do not exist.

    The reality is, these companies are right now showing vaporware or products they plan on making on a small scale of 30k a year or so to satisfy regulators, or just show the consumer that they are also in the game. Even if these products turn out vastly BETTER than the Tesla Model 3, these manufacturers have zero capability of making them in large numbers because they don't have the batteries.

    They won't truly act until the Model 3 is out on the streets in 2018 and these legacy automakers are facing an existential threat - only then will they be motivated to invest the billions needed to create a mass market EV they can sell in bulk. The battery factories needed won't start construction until 2019 at the earliest and production won't be ramped up until most likely 2024.

    It is unfortunate. But these are slow moving dinosaurs and they will not change until faced with extinction.


    EDIT:

    This is the global market I am talking about. In the US market, these manufacturers face another challenge on top of all that: dealers.

    Dealers refuse to sell EVs.

    Dealers make the vast majority of their profits on service, and very little on selling actual cars. Because EVs have very little moving parts and require little servicing, the dealers can't make money on them - thus they are tucked in the back of the lot and discouraged. So even if car manufacturers come up with an amazing EV that is better than Teslas, good luck trying to sell it when their dealership network refuses to advertise it.

    This is the primary reason why Tesla refuses to follow the dealership model and instead needs to sell in their own specialty stores with their own salespeople. Because selling in dealerships would kill them.

    http://www.nytimes.com/2015/12/01/science/electric-car-auto-dealers.html?_r=0
     
    #454 CXbby, Apr 6, 2016
    Last edited: Apr 6, 2016
  15. Junkyard_Dog

    Junkyard_Dog Member

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    Well I did say "in the future" :p
     
  16. marky :)

    marky :) Member

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    I'm all for Tesla and what not but I don't think those car manufacturers are going anywhere any time soon.

    If anything, I'm more inclined to believe that Tesla will fail in the future at producing their EV cars and teams up, bought out, whatever with another car manufacturer and Tesla will survive by being the leading LiON battery producer and with their charging networks.
     
  17. CXbby

    CXbby Member

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    Heh, I know. There is a sense that once the Model 3 shows that EVs can be popular, there will be a rush of competition like Samsungs and HTCs to the Iphone. Even Samsung took almost 2 years to come to market and over 4 years to truly catch up. The car industry will be much much slower because ramping up huge industrial factories(for cars) and building battery factories from scratch takes years compared to consumer electronics.
     
  18. CXbby

    CXbby Member

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    In general I don't think they will go anywhere - just have their lunch(and profits) eaten until they can catch up(6-8 years behind). But individually there will be casualties. (Fiat Chrysler to name one)

    As for Tesla, I don't agree at all. They will not be the leading market share holder(the car industry is massive), but I do believe they will be the profit leader(much like Apple).

    EDIT:

    To be clear, I believe there is still tons of execution risk with Tesla - nothing is guaranteed. They very well may still fail or at least get into some trouble.

    There are Tesla fans, EV fans on the internet celebrating right now like it is all over especially given the preorder numbers and stock price. Perhaps I'm even part of that a little, but deep down I know the risks still involved.

    With that said, Tesla will have the best chance at success compared to the legacy automakers still stuck in mud - given all the reasons I've stated.
     
    #458 CXbby, Apr 6, 2016
    Last edited: Apr 6, 2016
  19. likestohypeguy

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    I don't care too much about it, seems like y'all are having fun though, with your electric cars and stuff.
     
  20. Space Ghost

    Space Ghost Member

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    Im not a fan of the smartphone comparison. Its really apples to oranges for many of the reasons you mentioned. Smartphone manufactures are using other companies cutting edge technology. Just as voice broke off into data services, which fueled the demand for smartphones, smartphones are now breaking off into basically a universal remote control for life. This is why certain closed garden OS/Companies will struggle while other open garden/OS will proliferate (which is why Microsoft is FINALLY starting to open up)

    Tesla ... not so much. The only thing in common they have with petrol vehicles are the roads they share. Sure, other companies have tried, but as you mentioned, it was a half ass attempt, one that was not meant to be successful. Tesla will not consume the world over night. Or in the next decade. Their strength is going to be a tech hub for the rest of the world. They need to have the best and brightest working for them. Do you believe the brightest students coming out of school dream of working for other car manufactures? Tesla is well over a decade ahead of the game.
     

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