It does depend on one's situation. I, too, have just one car and am also long-retired but I average 20,000 miles a year. Some of it is 70 mile grocery shopping trips, a part of rural living, but most of the miles are long road trips. Haven't been on an airliner in years — I'd like to keep it that way — but I do enjoy exploring the country on road trips, such as a 3100 mile trip to California last month, and I have used the Supercharger network more than 260 times in 2½ years. For me, Tesla makes road trips fun!GlennD said:Networks matter to some. My dentist purchased a Tesla to drive to San Francisco. Me I am happy with my Mercedes B's L2 charging. I recently did my annual check strictly by time; My mileage was less than 4000 miles. It is my sole car but as a retired person I do not drive a lot.
lorenfb said:https://insideevs.com/
VW Claims By 2020, Its Electric Cars Will Match Tesla At Half Price
webb14leafs said:lorenfb said:https://insideevs.com/
VW Claims By 2020, Its Electric Cars Will Match Tesla At Half Price
When the "competition" promises they'll start competing in 2 years, they are not really the "competition."
Also, will the SEC investigate VW for misleading investors if they don't release an EV for $25K in 2020?
EVDRIVER said:I hear the new VW EV has a secret hidden ICE motor.
That is not what they are doing. They will continue to make profits every quarter until most of the shorts disappear, TSLA is part of S&P500 and they have good investment grade credit rating.webb14leafs said:These arguments will keep going on for a while because after the next couple quarters (or possibly sooner) it might be a long time before Tesla reports another profit. It was vital for them to show that they COULD show a profit, because the next thing they need to do is build up a ton of debt as soon as possible.
Charging network is just a nice to have for me. Currently the overall package of Model 3 is hard to beat. Esp, once the SR becomes available.GlennD said:Networks matter to some. My dentist purchased a Tesla to drive to San Francisco. Me I am happy with my Mercedes B's L2 charging. I recently did my annual check strictly by time; My mileage was less than 4000 miles. It is my sole car but as a retired person I do not drive a lot.
evnow said:That is not what they are doing. They will continue to make profits every quarter until most of the shorts disappear, TSLA is part of S&P500 and they have good investment grade credit rating.webb14leafs said:These arguments will keep going on for a while because after the next couple quarters (or possibly sooner) it might be a long time before Tesla reports another profit. It was vital for them to show that they COULD show a profit, because the next thing they need to do is build up a ton of debt as soon as possible.
Besides, they have other avenues of raising money. Mainly from local governments/banks. They already did so in China. They'll do it again in EU. Even in US, they'll make it a condition to locate their next factory - raise money for us thr' state bonds.
https://insideevs.com/elon-musk-buys-34-million-tsla-stock/Elon Musk Buys $20 Million In Additional TSLA Stock
Elon Musk tells #AxiosOnHBO that Tesla was within single-digit weeks of dying @hbodocs
cwerdna said:https://twitter.com/axios/status/1066844231132696578 from 4:01 PM - 25 Nov 2018
Elon Musk tells #AxiosOnHBO that Tesla was within single-digit weeks of dying @hbodocs
mtndrew1 said:Carlos may have been thrown under a bus and I have genuine sympathy for all the GM folks about to lose their jobs.
That said, there’s some genuine irony that for years the internet chatter has been:
1) Elon Musk is an actual fraud
2) PHEVs make much more sense than BEVs and will prevail.
3) Tesla can’t make a profit on the Model 3
4) Once the “big guys” in the auto business decide to, they can just spit out products that will crush Tesla.
In reality:
1) Carlos Ghosn & Rupert Stadler are in jail.
2) GM just cancelled the Volt after years of slow sales combined with high incentives.
3) Tesla is actually generating a legitimate profit and free cash flow now that capex has slowed.
4) The I-Pace arrived with 235 miles of range out of a 90 kWh pack, the eTron is still missing in action, and Nissan is having a helluva time putting out a 60 kWh battery pack in a car that rides on an eight year old chassis coming down an existing high volume assembly line.
Rivian also looks to be potentially legit and might blindside the Detroit 3 profit centers if they execute.
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