BYD, Renault / Nissan already own China. BYD is coming to US with passenger cars later this year. They are already established with commercial vehicles in US.
Check used and CPO listings and you will find several very low mileage Teslas taking big hits, $30k or
$10 a mile. Not super surprising on a newer high end car.
You dont think that trying to sell a week old Tesla would be about the same?
What was the point of the story?
Think there are 3500 potential users? ... but not sure how to determine how many would actually be covered and for how much, how many would likely sign on, etc.
Insurance would seem to be a big question mark. Who would cover, what they would allow?
Also what other options are available when approved. Lot of things may affect earnings from this.
Peugeot Sport's Shanghai show car shows how far hybrid tech can raise the hot-hatch game. The 308 R Hybrid uses a small turbo four and a pair of electric motors to put 500 combined hp to the ground.
Nice looking car!
In common practice, batteries degrade significantly over time.
I'm not sure what specifically he said that you feel is untrue. If a battery degrades 10 %, that would be meaningful to me.
Are we quibbling over the meaning of meaningful?
I had a few beers last night and reserved $2.3 million worth of PowerWalls. I doubt if I'll need them all but I wanted to be prepared. I still remember the last tulip shortage.
A well maintained engine doesnt degrade like a battery does.
I've operated 80 year old engines that were running at spec.
you should be able to operate most modern engines for 10 plus years and 100k plus miles with very little maintenance or degradation
Why? What do you see as a catalyst for a rally?
Greece is going to get fiscally responsible?
Israel will chill?
Iran will say Israel has a right to exist?
Fed will speak reassuringly about rates?
Russia will want to rejoin the world?
Tesla will announce another venture and secondary?
Biden will take over as Obama recovers from flu like symptoms?
Sure Santos has in the article
Tesla Earnings: The Good And The Bad :
" Good - Production Came In Higher Than Guidance
Tesla produced 11,160 Model S in the quarter. This was well ahead of guidance, set at 10,000 vehicles. Also, it does mean that for now Tesla kept its trend of increased production rate per week intact, even though guidance implied it wouldn't.
Tesla didn't give any update on whether production capacity has moved above the 1,000 stated back in Q3 2014, so if we use those 1,000 then the production utilization rate would be growing again. This is something which hadn't happened since Q1 2014.
However, it's highly unlikely that production capacity still stands at 1,000, since the level of production attained by Tesla means this capacity is being exceeded in some weeks (as it already was back during Q4 2014).
We could take this increased production to mean that Tesla is no longer throttling production. However, since Tesla stopped divulging production capacity at the end of the quarter, we would need to assume production capacity was stagnant for 3 quarters already for that to hold. I don't find it likely.
Anyway, exceeding production targets and keeping weekly production numbers up is a positive. On the other hand, it's strange that Tesla keeps on producing more and more above what it delivers, on a consistent basis. "
Warren Buffett is not a dummy, this company is headed places.
Dont think it will take that long, Musk will throw big money at the problem.