Tesla owners say that the best part of the experience is sitting around the charging stations for hours meeting other people. Without a battery, you could wait there all day long and meet *loads* of people.
I'll try this the next time I'm on a road trip. Instead of waiting until I'm low on gas, I'll stop every couple hundred miles. Then, after filling up I'll park at the pump for an hour and chat up the other customers as they pass through and head back onto the road. If it turns out not to be as much fun as promised, at least I'll have the option to drive away any time I want. I would hate the feeling of being forced to wait an hour - and that's for a "super" charger. What's the forced waiting time for a regular charger?
Tesla buys batteries from Panasonic. Tesla is building the Giggle Factory, but Panasonic will equip it and produce batteries there. Who is this guy Isaacson?
I can buy a Nissan Leaf for $28k and be guaranteed zero in 3 years, potentially suffering a loss of $28k. Or I can buy a Tesla for $120k and get a $60k resale guarantee, suffering a potential loss of $60k over three years. They can sell me the Tesla for $200k and offer a $140k resale guarantee. Any way you slice it, driving a Tesla costs you $20k/year and most other cars are a lot cheaper.
And your point was?
Loads of successful automobile companies have been created over the past hundred years, but Tesla is not among the successful if you define that to mean profitable. If you define successful as burning shareholder capital, then Tesla makes the cut but all the profitable companies don't.
The wife is so embarrassed of her dork husband that bought a Tesla. Sure, the car can compensate for his inadequate manhood by accelerating fast, but only after a couple hours at the charging station.
Robsky must have really pulled your chain. Robsky is like a puppet master that controls you and forces you to waste your day posting insecure rants. Now I command you to reply and tell us how you're a big boy now and Robsky is no longer your master.
When Musk thought there was strong demand in China, the purchase terms were cash only.
"Tesla Motors Inc (NASDAQ:TSLA) has been in the forefront of the news cycle in 2014."
The line above explains why TSLA was a great short in the latter part of 2014. Everything positive was pre-announced and pre-hyped. All potential future good news was already priced into the stock. If a prediction became realized, it would not move the stock up. For example, the beta test release of battery swapping had zero impact on the stock. With all the real, potential, and imagined good news baked into the stock, the only way it could go was down.
I used the recent drop as an opportunity to cash in some of my shorting profits, but I will not cover everything because it would kill me if TSLA continued straight down into bankruptcy and I missed the ride. Still, I find my short position a bit light and pray that Musk will dream up a new illusion to pump the price to old highs. Bagholders and pipe dreamers won;t be wise enough to sell if we should get so lucky, but I certainly will be selling.
An environmentally conscious buyer looking for an EV family sedan is obviously going to base their purchase decision on 0-60 acceleration. Other factors, such as price, reliability, and efficiency are irrelevant.
The batteries have always been replaceable. Loads of Tesla owners have had defective batteries fail and had these replaced. Every part on a Tesla, and every part on a real car is replaceable. How could this possibly be news to you? Was all-wheel drive also a shocking revelation?
Oil was up over 6% today, TSLA was up less than 1%. You continue to prove yourself the greatest buffoon on this board.
Or perhaps the business model was "fake it till you make it". Musk has been keen to maintain the perception that demand is unlimited. That helps sell cars, and if they sold enough then the company might have been profitable. But even the mighty Musk wasn't able to pump up demand anywhere close to the threshold of profitability, and thus the dream never materialized into reality. In a couple years when Tesla is bankrupt and car owners are stuck with a useless brick, people will look back with 20/20 hindsight and wonder how anyone could have been so stupid as to buy the car or the stock.
"he's also a serious scientist"
That's an insult to all the real scientists. Musk has zero publications to support claims of being a scientist. His work history does not include a single day working as a scientist. He dropped out of graduate school after two days.
Musk does have awesome skills of raising investment capital by selling dreams. Most real scientists would love to have Musk as their pitchman. The real scientists would squirm though, when they heard Musk distorting the facts to sell more stock. And then the real scientists would smile when they saw how much investor cash he raked in.
Tesla's EV market share has been falling. Relative newcomers like the Nissan Leaf now dominate EV sales. The dream that was Tesla never became reality. When will you acknowledge reality?
But if they only delivered one of those cars and made the other buyer wait, then "demand exceeds supply by 100%"!
Tesla started selling the Roadster in 2008 and sold 2,400 of them. Nissan started selling the Leaf in 2010 and has over over 150,000 of them. How can you possibly interpret these numbers as Tesla's success? Tesla didn't produce the Model S until 2 years after the Leaf, and even today the older Leaf far outsells the S.
You would have been accurate if you wrote "Due to Nissan's success, illusionists like Musk have been bilking investors by pretending to profitably sell electric cars."