I can't...not even at $35k (gen 3 price estimates)...to be honest at that price, I would probably buy a 2009-2012 Escalade or 5 series, before I pay to be inconvenienced with charging a vehicle every 100-200 miles..I'm serious, it's worth some debate. How many of you would ACTUALLY buy a TSLA vehicle? Also, i'm not trying to cause an uproar but is 20, 30K or even 300k production units worth a market cap 1/5th of GM's? GM produced over 2mil units during the height of the recession...I live in their Tampa, FL market and have not seen 1 Tesla vehicle.......EVER!
I just want to hear some educated responses.
Right now my ride is a 40 foot, chauffeur driven vehicle. Costs me $64 per month. No gas, no insurance, no license, no repairs, NO extra expenses.
Now if my rich uncle ever gets out of the poorhouse I want a model X....
If you asked me to spend $58k on a car, 3 years ago I would have said you are nuts!
The car would last maybe 8 years? that is over $7k/year! At most I would spend would be $30k because the benefits per cost flatten at that price for ICEs. So a $30k car expected to last 8 years is slightly more than $2k/year.
Now the Model S is available, $58k+ depending what you want. The car will last over 30 years, I estimate people will get a new car only in the event of an accident, or they get tired of their current car. So $58k/30 years is less than $2k/year!
$35k gen 3? expected to last 30 years? That is almost $1k/year.
The base is $62,400. You'd be surprised how many people can afford one. And with the financing even more. Look at production rates of similarly priced cars from BMW, Mercedes, Lexus, etc. to see if it's acheivable. Yes, it's very acheivable.
Sentiment: Strong Buy
Yeah, cars are not that expensive. I got a good deal on a dodge charger, only 17 grand. I was going to pay cash for it and then I realized how much I had to pay via a financing deal. I don't even notice my car payments.... Its honestly like they just gave me a free car.
I agree with you about believeing in TSLA but right now it is a highly specuative stock at this price but many buyers dont seem to care- that is tha definition of speculation- and TSLA wins the award of the year. Since I missed the speculation boat Id rather wait or ride the elevator down until reality meets fact which may be quite soon . Perhaps buy it in the 60 -80 dollar range.
Sentiment: Strong Sell
The model S is geared to attract buyers of upscale Benz, BMW, Audi and Lexus models. So far Tesla has been successful at outselling comparable models of those brands.
If you're an SUV fan then it is probably not for you. I drive sport cars so I would need to test drive one to see if it matches the handling and performance I demand. If it does then I will compare it to other cars that I'm interested in based on price, gas savings and other features..
Frankly, I'm not sure of your point. Like any vehicle it will not appeal to everyone. That is why they are going to offer an SUV then a more affordable car. The goal being to appeal to an ever growing audience.