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Is Tesla A Game Changer?

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  • hpmctorquehpmctorque Posts: 4,120
    edited September 2013
    $500/day is more than I'd care to pay for a rental, although I'd pay that for the experience of driving a new Ferrari, or certain older Ferraris.
  • fintailfintail Posts: 32,923
    For say a 250GT Berlinetta Lusso, sign me up. For a Tesla, not so much. It'd need to be more like $100/day.

    Wouldn't surprise me if the Hertz models were fairly basic spec, no performance models.
  • hpmctorquehpmctorque Posts: 4,120
    Bubbles can go to virtually any price and can remain overvalued for a long time before they burst. Emotions, over-optimism and greed trump fundamentals and fear during a bubble phase.

    Almost all the news and press releases about Tesla cars, Tesla Motor's plans, Tesla's CEO, etc. have been positive. Some of it is justified, some is hype. The stock will likely go higher or remain high until a credible piece of negative news comes out, or until the last optimist slurps the cool-aid.
  • hpmctorquehpmctorque Posts: 4,120
    Bubbles can go to virtually any price and can remain overvalued for a long time before they burst. Emotions, over-optimism and greed trump fundamentals and fear during a bubble phase.

    Almost all the news and press releases about Tesla cars, Tesla Motor's plans, Tesla's CEO, etc. have been positive. Some of it is justified, some is hype. The stock will likely go higher or remain high until a credible piece of negative news comes out, or until the last optimist slurps the cool-aid.
  • So you are a gambler and not an investor? :)

    Fair enough, just as long as you know that.
  • bwiabwia Boston Posts: 1,061
    So you are a gambler and not an investor?

    Certainly not all of these investors are gamblers. It's a gamble if there is no product behind the hype. Not the case with Tesla.
  • hpmctorquehpmctorque Posts: 4,120
    Speculator may be a more appropriate term than gambler, since the Model S has been successful, albeit with significant help from tax incentives and carbon credits, and the company is likely to become profitable. I'll be watching what happens to the stock when there's disappointing news.
  • If you buy stock against every recommendation of every reputable analyst, and you buy stock with a projected P/E ratio of 245, you are a gambler.
  • bwiabwia Boston Posts: 1,061
    Thought I'd share this beautiful animation of how the internal combustion engine works. http://jacoboneal.com/car-engine/

    Compared to the Tesla, whose electric motor is so simple, the ICU is unnecessarily complicated with so many things that can go wrong. And they often do with or without constant maintenance. Nonetheless, Carl Benz or whoever else who invented the ICU was a genius.

    Enjoy!
  • Well the average ICU now goes 250,000 without a blip, so we'll see if a Tesla can.
  • anythngbutgmanythngbutgm Posts: 4,159
    edited October 2013
    Best Selling car in Norway for September

    "Not the best-selling electric car. Not the best-selling car with a plug.

    For the month of September, the Tesla Model S was the best-selling car, period."

    :surprise:
  • 616 cars? GM loses more than that every day in shipping.
  • anythngbutgmanythngbutgm Posts: 4,159
    Heck, probably more cars than GM sells in Norway per month :)

    Still, these are exported goods, a positive for a US company to be doing so well globally. I expect a few more of these similar stories in other Countries before long.
  • hpmctorquehpmctorque Posts: 4,120
    True, Norway sales are very positive for Tesla and also positive for U.S. employment, balance of payments and economy. However, Norway offers huge incentives for their wealthy citizens to buy Teslas, as was mentioned in the article.

    I'm okay with Norway paying these incentives and giving its drivers non-monetary incentives for an expensive American import, but I'd be less enthusiastic if I were a Norwegian citizen and motorist.
  • but....but....they're SOCIALISTS!! Tesla is selling to the commies---LOL!
  • hpmctorquehpmctorque Posts: 4,120
    edited October 2013
    Yes, but they're RICh socialists, if that's possible.

    By the way, check out the video of a Model S that caught fire upon impact. It'll be interesting to see how this impacts Tesla's reputation for safety. I imagine it'll depend on the details regarding this accident. Although the car was destroyed, fortunately no one was injured.
  • fintailfintail Posts: 32,923
    Of course this happened in WA

    I like the Norway thing too, looks like American socio-economic policy is being exported. Or it's just goofy policy via dopey greenies.
  • Another report of a runaway Tesla was recorded with NHTSA recently.

    I spoke to a friend who is an expert vintage race car driver (you have to have a big set to drive some of these old timey cars as fast as he does) and his comment after test driving a Tesla was that it was a very nice car indeed but that "the rate of acceleration is positively LETHAL to an inexperienced or careless driver".

    I suppose one could say that about a Ferrari as well, but I think his point was that the kind of person buying a Tesla is not a sports car enthusiast to begin with.
  • hpmctorquehpmctorque Posts: 4,120
    edited October 2013
    Lethal acceleration qualifies Tesla as a game changer.

    Maybe there should be a safety warning, as is required for cigarettes.
  • anythngbutgmanythngbutgm Posts: 4,159
    lol, A warning label on the gas pedal would be classic!
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