EvERES22
Member
I am fairly risk averse. So why did I make significant investments in volative Tesla securities? It's because from an engineering perspective, it looks like a very, VERY good bet. Yes, there is a huge negative bias against EV's in the general public & many of the EV's prior to now have not helped that perception.
But the Model S, even with a $57,400 entry price, has changed the game. Most folks haven't realised it yet. That's why the stock is still an incredible bargain.
And, Tesla is executing the perfect strategy in placing stores in high volume, upper middle class venues where the entry prices are not much of a barrier. But the main purpose of these stores is education -- not sales (at least at this time). Tesla already has a 10+ month backlog of orders if the manufacturing ramp-up goes flawlessly.
While Tesla is building the cars for all of us "early adoptors", they are educating the next stage of more general customers.
The truth is the truth. For me, there are two burning questions...
1) When will the general public catch on?
2) How fast can Tesla ramp up production?
Steph is absolutely correct with his math and outlook. After a couple of taxi drivers get their Model S's and start talking about how much money they are saving, how long will it be before other taxi drivers see that they are at a big disadvantage with their ICE vehicles. When that happens, it won't be long before the common wisdom is that you can't compete as a taxi driver without a good EV. Low battery? If you're a taxi company with a fleet of Model S's, your drivers can stop by your center and get a quick 2 minute battery swap. Lot's of economic possibilities in this one area.
The market hates inefficiencies and can be brutally quick in fixing them. There is a big wave of "creative destruction" coming in the automobile industry. Most of the players are still looking inland and don't have a clue what's behind them and coming fast.
But the Model S, even with a $57,400 entry price, has changed the game. Most folks haven't realised it yet. That's why the stock is still an incredible bargain.
And, Tesla is executing the perfect strategy in placing stores in high volume, upper middle class venues where the entry prices are not much of a barrier. But the main purpose of these stores is education -- not sales (at least at this time). Tesla already has a 10+ month backlog of orders if the manufacturing ramp-up goes flawlessly.
While Tesla is building the cars for all of us "early adoptors", they are educating the next stage of more general customers.
The truth is the truth. For me, there are two burning questions...
1) When will the general public catch on?
2) How fast can Tesla ramp up production?
Steph is absolutely correct with his math and outlook. After a couple of taxi drivers get their Model S's and start talking about how much money they are saving, how long will it be before other taxi drivers see that they are at a big disadvantage with their ICE vehicles. When that happens, it won't be long before the common wisdom is that you can't compete as a taxi driver without a good EV. Low battery? If you're a taxi company with a fleet of Model S's, your drivers can stop by your center and get a quick 2 minute battery swap. Lot's of economic possibilities in this one area.
The market hates inefficiencies and can be brutally quick in fixing them. There is a big wave of "creative destruction" coming in the automobile industry. Most of the players are still looking inland and don't have a clue what's behind them and coming fast.
