"complete vaporware. (They showed off a couple of concept cars at roadshows) "
Sort of like the Model 3
Qiantu K50 - Cheaper than Tesla, made in China, no import duties, no freight charges. No longer any need for Teslas in China.
Well if you want to park near a planter what can you expect? It's the driver's responsibility to get those planters out of the way.
It's just so obvious. After a hundred years of making cars every manufacturer on earth is (apparently) doing it all wrong. Ana-Kin has some other ground breaking ideas.
Cars that run on seawater
Jet planes that fly further with flapping wings
Cats with eight legs for quicker sideways movements
"France has little if any - perhaps they buy some from the EU."
France gets most of its electricity from nuclear - around 75% last year.
I confused him. The rates quoted are all for fixed rate loans. I used "adjust" to mean that fixed interest rates now are likely to be very different from fixed rates three years from now when cars are actually available.
"from now that same Model S is fully entitled to free power for LIFE"
Tesla can handle that by having the free outlets throttled back so it'll take a couple of hours to recharge. Just like the phone companies do for heavy users or for people with legacy unlimited plans.
"What could have possibly led to a decline in Norway sales"
Overpriced, minimally useful cars.
No, that's a fixed rate loan. Ask your seventh grade math teacher how it all works.
What we see when bubbles burst is that lenders readjust (or the government forces them to). If a semi-loaded model 3 comes in at $50K a six-year loan at 3.25% will run you $765/month. If interest rates adjust up to 5% then you're looking at $805/month or $9660/year In after tax dollars. That's quite a bit for a small sedan.
By the way a six-year 5% loan for only $40K will still run you $7725/year in after tax dollars. How many model 3's are going to be priced under $40K? How many buyers will eat those monthly payments for the novelty of a small sedan that happens to be battery powered?