TSLA did a nice jump upward in the past 15 minutes. Looking for an explanation here. It's pushing 196 at present. Volume is moderate to low, about 3,000-4,000 trades/min. Shorts covering on recall, perhaps?
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From that article:
"Our six-hour drive route took us 235 miles from Monterey, California, south to Santa Barbara, largely along the scenic coastal Route 1."
240 miles/6hrs = 40mph. Now they did jump on to 101 for a bit, but the more I read the other first drive reviews, the more it looks like GM selected a low speed route to maximize range/efficiency and give a good first impression.
They used 58.7kWh and averaged 4.1miles/kWh or 245Wh/mile. Impressive that the usable battery capacity is near 60kWh, but hard to make anything out of efficiency numbers given the low speeds.
Hi Dave! Yeah I don't see volume battery production an issue for the Bolt. Production will slowly ramp and LG Chem (and possibly others) will have plenty of time to add new plants online. An example, it only takes LG Chem 18 months to make a new battery factory (LG Chem plans to build electric car battery factory in Poland - source). BYD and Samsung SDI have aggressive plans as well. They will scale battery production to match EV demand.
Nope, GM,Nissan, and LG Chem have been burned before on rosy plug-in sales projections leading to idle workers and factories. Meaning heavy losses.
Tesla is jumping out of the plane with silk fabric and nylon thread confident they can figure out making a parachute before a hard landing.
I couldn't easily find similar information for radar, probably because it is not so expensive that price is seen as a barrier to widespread adoption. Also with 500k M3's per year I'm sure that Tesla can get a good price. Maybe they plan to design and fab their own in order to drive the cost down.
I predict Chevy will sell every Bolt they can make.
I predict it will take at least $5k discounts for GM to sell 30k Bolts in 2017.
2017 Volts already have a $5k dealer discount here in Los Angeles. Dealer discount, Factory cash back or equivalent subsidized lease.
On a separate point.
Bolt is in a different class than Model 3.
About three classes downmarket but at the same price or at a $2500 premium.
Actual transaction prices will have to go way down to actually move the metal.
prius msrp 24K 179inch long
how can bolt compete with prius
Well said. You must also be wondering who are all the "stupid" people buying 4 door sedans for $20K to go from point A to point B, when they could be buying a top of the line P100 for $150K. Its only $130K more to accomplish the same task, but seriously, if they don't have $130K more to spend for basic transportation they need to jump off a cliff. And, who are these morons buying what they want with their own hard earned money when they should be asking you for car buying advice?
Bolt competes with Prius because the Bolt gets the carpool sticker in California and the Prius doesn't (non plug-in versions), which is a really big deal.
Eligible Vehicles - Single Occupant Carpool Lane Use Stickers
Bolt competes with Prius because the Bolt gets the carpool sticker in California and the Prius doesn't (non plug-in versions), which is a really big deal.
Eligible Vehicles - Single Occupant Carpool Lane Use Stickers
I think the main issue is that anyone can build a GF, but who can produce packs at one using current cell technology for under $133 (extremely conservative estimate) per kWh pack cost ($190 - 30% for GF reduction).Good info, wonder if the Gigafactory machine concept has better economics than small scattered ones?
I can't wait to walk into one of them, with a big smile on, and ask to test drive the Bolt to see what their reaction is.And 4) Chevy's independent dealers actually make any attempt to sell the Bolt.
I predict it will take at least $5k discounts for GM to sell 30k Bolts in 2017.
2017 Volts already have a $5k dealer discount here in Los Angeles. Dealer discount, Factory cash back or equivalent subsidized lease.
Well there you have your squeeze. Almost a two dollar increase in the last 45 minutes.
Tesla didn't just rely on some demand estimate, It asked people to reserve with $1000 deposit upfront.