I have to guess the thumbs down is directed at TESLA because Elon made these statements, their not mine
Assumptions used from TESLA website on savings for not having to spend time at a gas station vs charging
"Detouring to a gas station and refilling the tank takes time out of your day. Plugging in Model S takes seconds, just like your phone, and you’ll wake up to a full charge every day.
Monthly gas stops
Time spent driving to a gas station and refueling 10 Minutes
What’s your time worth? $50/hour"
"Tesla says the 60-kwh battery provides a range of up to 232 miles (the EPA pegs it at 208 miles), and the 85-kwh battery (a $10,000 option) provides up to 300 miles (the EPA puts it at 265 miles). Here are some examples for recharging times: With a single onboard charger plugged into a standard 110-volt outlet, Tesla says you will get 5 miles of range for every hour of charging. From zero to 300 miles would take about 52 hours at that rate. With a single charger connected to a 240-volt outlet, which Tesla recommends, the pace speeds up to 31 miles of range for each hour of charging, and a full 300-mile charge takes less than 9.5 hours"
If that is true, at 13K miles per year, it would be about 3500 hours of charging on 110V per year. Another way to look at that is 3.7 hours per mile assuming that 81 hours is based on a 300 mile battery
Of course, no one uses 110V to charge.
The battery savings alaone from the giga factory won't get them there on the model S if this article has any truth to it. Lot's of other savings will need to come from elsewhere
"If Tesla's all-in current battery pack cost is $260/kWh (the most widely rumored number), it would mean that the S60's pack costs the company $15,600. If this were to be shrunk down to a 48kWh pack for the Model E, it would reduce the cost (at today's prices) to $12,480. If the company were able to then further cut that cost by 35% thanks to the gigafactory, it would reduce the 48 kWh Model E battery pack cost to $8112 which would be $7488 cheaper than the S60's battery. Essentially then, if we put the "2017 gigafactory priced Model E48 battery" into today's S60, there would be an estimated savings per car of $7488"
With inflation nearly non-existant over that time frame it still would not account for the difference. Either battery prices did not come down as he thought, or someone is a bad accountant that forgot about the minimal inflation impact on the price, had to be a combination of both?
May 2000 artical on transportation funding in California, obviously these numbers and much, much higher today($.38/gal vs $.18/gallon in the article)
Fuel Excise Taxes
The 18 cents per gallon State tax on gasoline and diesel fuel is the primary source of State
funding dedicated for transportation. These user-paid taxes generate about $3 billion per year,
about 65 percent of which goes to the State Highway Account. The remaining 35 percent is
allocated to cities and counties (local subvention) for street and road purposes. In addition,
a portion of the funds in the State Highway Account is allocated to Regional Transportation
Gas tax in califronia is about $.39/gallon, that is subsidizing the electric car drivers who are getting taxpayer rebates on top of not paying for road maintaince
Same reason the state pays for road maintaince by taxing gas and diesel.
Electric cars in general are not for making money, it's all about the taxpayer's clean energy credits that have to be earned to be allowed to sell cars or purchase the taxpayer's credits from a company like TESLA who doeosn't need them
WASHINGTON (Reuters) - Fiat Chrysler Automobiles Chief Executive Sergio Marchionne has a request for potential buyers of the automaker's Fiat 500e electric car: Don't buy it. He's tired of losing money.
Speaking at a conference in Washington on Wednesday, Marchionne said Tesla Motors Inc was the only company making money on electric cars and that was because of the higher price point for its Model S sedan. Decrying the federal and state mandates that push manufacturers to build electric cars, Marchionne said he hoped to sell the minimum number of 500e cars possible.
"I hope you don't buy it because every time I sell one it costs me $14,000," he said to the audience at the Brookings Institution about the 500e. "I'm honest enough to tell you that."
If McNerny and the "leaders" signed the code of ethics that everyone else must sign, how could the NLRB make these claims against them?
Every tax payer pays for TESLAS. Playing the government to take your money and sell the cars
Tesla Continues To Roll Out Tax Strategies For Consumers
China is planning to build a train line that would, in theory, connect Beijing to the United States. According to a report in the Beijing Times, citing an expert at the Chinese Academy of Engineering, Chinese officials are considering a route that would start in the country's northeast, thread through eastern Siberia and cross the Bering Strait via a 125-mile long underwater tunnel into Alaska.
"Right now we're already in discussions. Russia has already been thinking about this for many years," says Wang Mengshu, the engineer cited in the article. The proposed "China-Russia-Canada-America" line would be some 8,000 miles long, 1,800 miles longer than the Trans-Siberian railroad. The tunnel that the Chinese would help bore beneath the icy seas would be four times the length of what traverses the English Channel.
Now if he can mass produce those giga factories and make a 35% profit selling them, there is some real cash flow
TESLA energy credits is an ongoing government "bailout" that all tax payers are subsidiizing which is one of their biggest profit generators.
Dou Kani, the chief executive of Power Japan Plus, pushes what looks to be a standard lithium-ion battery across a conference table, the type of battery that powers everything from $30 flashlights to $90,000 electric cars.
Except the silver cylinder contains no lithium. Nor any expensive rare earth metals. It won’t catch fire if punctured. And unlike lithium ion batteries, it can be charged and discharged thousands of times without losing its energy capacity, its creator claims. Oh, and Power Japan Plus’ battery also generates more power than a lithium battery and can charge 20 times as fast.
Translation: Cheaper long-range electric cars that can travel hundreds of miles on a charge and be juiced up in minutes rather than hours.
The company’s chief technology officer, Kaname Takeya, previously spent much of his career at Sumitomo, where he helped develop the battery technology used in the Toyota Prius and Tesla Model
Hurdles remain, to say the least. The technology has yet to be proved effective in electric cars, though the company said it will demonstrate that capability later this year.
BMW is building something different from what Tesla Motors Inc (NASDAQ:TSLA) is offering, and the changes its making to the manufacturing side of the business may be more revolutionary than the actual design of the i8. The use of lightweight materials in particular makes the future of the Tesla brand less than guaranteed