My experience with the Tesla Model 3

[ferniesnow]

I'm in the same boat as you are Mike. I had our vacuum store owner pull up in the driveway in an SUV and the driver door lifted up and I was amazed. Asked him what kind of vehicle it was. Long story short that was the first one I had seen. I noticed the decal on the hood/back and since then I have seen 3 or 4 of them. I couldn't tell by the side view as I am like others and they all sort of look the same. Here are a couple of the "stylized T's" for you to notice next time.

 

[Bogger]

My last trip to Cochran and back I only saw 16 Tesla's, over 50% less than the trip before. they are definitely out there but not sure to what extent.

It's kind of become a travel game for me now. I'd like to get in on the stock but I can't help but feel that the "upside" is already reflected in current pricing and the numbers are more speculative than rational.

GM Market cap is at $44.B and they are partnering with Nikola for next generation electric vehicles
Tesla Market cap is at $394.1 B almost ten times that of GM - I question weather Tesla will outpace GM @ a 10X rate 5 years from now based on sales numbers.
Ford is $27.7B
Chrysler is $25B

 

[Bnorth]

Tesla's market cap is fawkin comical. I don't own any outright but own some through different ETF's and have enjoyed the growth.

Also I see Tesla's everywhere but I live near Kelowna so you can count on an abundance of money outpacing brainpower and rampant virtue signaling.

 

[5Lgreenback]

My last trip to Cochran and back I only saw 16 Tesla's, over 50% less than the trip before. they are definitely out there but not sure to what extent.

It's kind of become a travel game for me now. I'd like to get in on the stock but I can't help but feel that the "upside" is already reflected in current pricing and the numbers are more speculative than rational.

GM Market cap is at $44.B and they are partnering with Nikola for next generation electric vehicles
Tesla Market cap is at $394.1 B almost ten times that of GM - I question weather Tesla will outpace GM @ a 10X rate 5 years from now based on sales numbers.
Ford is $27.7B
Chrysler is $25B

The fact that GM was/ is willing to partner with Nikola shows how desperate and behind they are in electric technology. They clearly didn't due any due diligence looking into Nikola.

Nikola has all but proven to be a fraud, making huge claims about break throughs and proprietary technology that have proven to be false. They rolled their prototype semi down a hill in the desert and used tricky camera angles to defraud investors and the public into thinking they had a functional hydrogen semi, and theres plenty of other shady examples like this. Trevor Milton (now ex chairman of Nikola) has a shady history of lawsuits against him and accusations of fraud, a 12 year old child looking into Nikola could find this information, but GM couldn't?

SEC and DOJ are investigating Nikola for fraud now and Trevor Milton and several others SHOULD be held accountable and go to jail for defrauding investors out of millions of dollars. But it seems with white collar crime all too often, they get away with it.

Ford, GM, Fiat Toyota etc, all really need to pull a rabbit out of a hat to survive the next 10 years. Most of them are already carrying huge debt and operate on thin margins. If electric vehicles take even 10-20% of market share in the next decade, they're screwed.

 

[ABMax24]

Ford, GM, Fiat Toyota etc, all really need to pull a rabbit out of a hat to survive the next 10 years. Most of them are already carrying huge debt and operate on thin margins. If electric vehicles take even 10-20% of market share in the next decade, they're screwed.

Of these 4 Toyota seems to be best positioned. They are already in the hybrid market, with plug in hybrids being released now. It's sounds like even the Tacoma will get a plug-in hybrid powertrain in the near future.

But all 4 are still behind the times. Tesla is designing their own self driving hardware, and with the other 4 you're lucky if you can get your smartphone to pair with the vehicle.

 

[Pedaling pete]

It was a no lose situation for GM with Nikola partnership. They put no money in.

They have the E-hummer coming out fall 2021 they say. Looks like it could be a winner.

https://www.gmc.com/electric-truck/hummer-ev

 

[Bogger]

The fact that GM was/ is willing to partner with Nikola shows how desperate and behind they are in electric technology. They clearly didn't due any due diligence looking into Nikola.

Nikola has all but proven to be a fraud, making huge claims about break throughs and proprietary technology that have proven to be false. They rolled their prototype semi down a hill in the desert and used tricky camera angles to defraud investors and the public into thinking they had a functional hydrogen semi, and theres plenty of other shady examples like this. Trevor Milton (now ex chairman of Nikola) has a shady history of lawsuits against him and accusations of fraud, a 12 year old child looking into Nikola could find this information, but GM couldn't?

SEC and DOJ are investigating Nikola for fraud now and Trevor Milton and several others SHOULD be held accountable and go to jail for defrauding investors out of millions of dollars. But it seems with white collar crime all too often, they get away with it.

Ford, GM, Fiat Toyota etc, all really need to pull a rabbit out of a hat to survive the next 10 years. Most of them are already carrying huge debt and operate on thin margins. If electric vehicles take even 10-20% of market share in the next decade, they're screwed.

All true information but not what I was getting at.... I think that there are options for better partnerships out there for all current manufactures,

There is no denying that Tesla is the front runner right now and I see them remaining competitive as technologies advance but most auto manufacturers have either released or begun to develop electric vehicles. The big 3 north American might not be strong right now but Audi, BMW, Volkswagen, Kia, Hyundai, Nissan, Renault etc. all have deep pockets & resources.

Tesla's 10X valuation may be legit but I'm not willing to bet the farm on it at this point..... Lucid, Rivian, Polestar and the sorts may take a bite out of the electric vehicle market share as well

 

[5Lgreenback]

Of these 4 Toyota seems to be best positioned. They are already in the hybrid market, with plug in hybrids being released now. It's sounds like even the Tacoma will get a plug-in hybrid powertrain in the near future.

But all 4 are still behind the times. Tesla is designing their own self driving hardware, and with the other 4 you're lucky if you can get your smartphone to pair with the vehicle.

True, it does sound like Toyota has been investing quite a bit into Battery technologies, they may be okay.

 

[Bogger]

An electric version of the new Supra would be fantastic.....

 

[5Lgreenback]

All true information but not what I was getting at.... I think that there are options for better partnerships out there for all current manufactures,

There is no denying that Tesla is the front runner right now and I see them remaining competitive as technologies advance but most auto manufacturers have either released or begun to develop electric vehicles. The big 3 north American might not be strong right now but Audi, BMW, Volkswagen, Kia, Hyundai, Nissan, Renault etc. all have deep pockets & resources.

Tesla's 10X valuation may be legit but I'm not willing to bet the farm on it at this point..... Lucid, Rivian, Polestar and the sorts may take a bite out of the electric vehicle market share as well

I agree Teslas stock price is high, its priced as if its 2025 and Tesla has no major hiccups along the way IMO.

There is more competition coming. VW new electric vehicles look decent, but even they are getting about 25% less range per kwh than Teslas drivetrain is able to achieve (same with the Porsche Taycan). They also lack a nation wide high speed charging infrastructure.

If Ford can finally produce the electric F150 and get the 700km range they claim, they may stand a chance. But I bet it will be produced in low numbers and they'll be selling them at a loss.

Interesting times ahead.

 

[jhurkot]

My last trip to Cochran and back I only saw 16 Tesla's, over 50% less than the trip before. they are definitely out there but not sure to what extent.

It's kind of become a travel game for me now. I'd like to get in on the stock but I can't help but feel that the "upside" is already reflected in current pricing and the numbers are more speculative than rational.

GM Market cap is at $44.B and they are partnering with Nikola for next generation electric vehicles
Tesla Market cap is at $394.1 B almost ten times that of GM - I question weather Tesla will outpace GM @ a 10X rate 5 years from now based on sales numbers.
Ford is $27.7B
Chrysler is $25B

How much debt do Ford and Chrysler have?
Ford $175B
Daimler $105B
GM $87B
Tesla $13B

How much does it cost to switch from ICE to EV?

 

[jhurkot]

Now that I'm almost 2 years in and have 72,000km my battery has degraded about 6-7%. When the car was new the range was 499km and now it is 470-480km. I usually only charge to 80% unless I'm doing a road trip. There are a lot more DC fast chargers now and I don't really think this is a big deal as it was expected. Battery warranty is 200,000km and 8 years I believe. My parents model S (25 months in) has a range of 509km and was rated at 529km new for a degradation of 4%. Which is pretty good because they fast charge a lot more often.

 

[Caper11]

All true information but not what I was getting at.... I think that there are options for better partnerships out there for all current manufactures,

There is no denying that Tesla is the front runner right now and I see them remaining competitive as technologies advance but most auto manufacturers have either released or begun to develop electric vehicles. The big 3 north American might not be strong right now but Audi, BMW, Volkswagen, Kia, Hyundai, Nissan, Renault etc. all have deep pockets & resources.

Tesla's 10X valuation may be legit but I'm not willing to bet the farm on it at this point..... Lucid, Rivian, Polestar and the sorts may take a bite out of the electric vehicle market share as well

I agree, I do believe tesla will start to be left behind when the Big Manufacturers get into the EV game more seriously.

For cars and trucks, I still believe Hydrogen is going to be the bridge from ICE to electric.
Full Battery is going to be great for city, but is an impractical replacement for people that actually use their vehicles for work purposes.

 

[jhurkot]

I agree, I do believe tesla will start to be left behind when the Big Manufacturers get into the EV game more seriously.

For cars and trucks, I still believe Hydrogen is going to be the bridge from ICE to electric.
Full Battery is going to be great for city, but is an impractical replacement for people that actually use their vehicles for work purposes.

 

[Pedaling pete]

Unions have made the big auto manufacturing companies unprofitable.

Elon has a good work force right now, wait until he has a bunch of lazy turds trying to go on strike every time they feel like a holiday and a raise. Lol

 

[Caper11]

View attachment 229057

Those are cars, Perfect for city folk. Do I want to waste time charging when I have work to do and or regulated by Hours of service. No its not productive.

Hydrogen is filled quicker than the battery is charged, the technology is not new. Large truck manufacturers like Paccar have been experimenting with this, not EV’s with batteries.

 

[Cyle]

View attachment 229057

I was unaware you could charge the Telsa at home in under 1 minute? Impressive!

 

[Cyle]

Those are cars, Perfect for city folk. Do I want to waste time charging when I have work to do and or regulated by Hours of service. No its not productive.

Hydrogen is filled quicker than the battery is charged, the technology is not new. Large truck manufacturers like Paccar have been experimenting with this, not EV’s with batteries.

Yep battery is just never going to work for so many cases. I can't imagine ever owning one and having to go "let's sit here for an hour charging" instead of 5 minutes to get fuel. Technology is suppose to make things better not worse.

 

[FernieHawk]

Yep battery is just never going to work for so many cases. I can't imagine ever owning one and having to go "let's sit here for an hour charging" instead of 5 minutes to get fuel. Technology is suppose to make things better not worse.

I like the 0 to 60 in 4.4 seconds...the rest of it I could do without. A Tesla pulled out In front of me on to highway three in Fernie today...I was waiting for him to pull the pin and 'Pin It'...he never did. Fri-gen pussy...if I had a Tesla I would be spending a $hit pile on tires. Pin it to win it...quit being a PUSSY.

 

[jhurkot]

Yep battery is just never going to work for so many cases. I can't imagine ever owning one and having to go "let's sit here for an hour charging" instead of 5 minutes to get fuel. Technology is suppose to make things better not worse.

Why would you stay at a charger for a whole hour?