I just ran the numbers for Huntsville-to-Stillwater for a 220 mile, standard range Model 3: 151 mi - Tupelo MS(**), 30 min. charging adds 100 mi range 95.6 mi - Memphis TN, 1 hr. charging adds 200 mi range 161 mi - Little Rock AR, 1 hr. charging adds 200 mi range 186 mi - Fort Smith West (*), 2 hr NEMA 14-50, charging adds 100 mi range 88.1 mi - Catoosa OK, 30 min. charging adds 100 mi range 83.7 mi - Stillwater 767 mi total - 12 hr 6 min driving trip duration - 16 hr 6 min Bob Wilson * - a planned SuperCharger in Fort Smith would cut charging time from 2 hr to 30 min. ** - slightly slower driving in fair weather and we can drive direct to Memphis and save 30 miles and save more close to 1 hr.
Well I find it easy to switch from an investor to a customer. You won't understand but life does not require your understanding. The $3,750 tax credit is good through the end of June so the key is to place the order with enough lead time to get the car by then. The tax credit applies to the 2019 taxes filed in 2020. I ran the configuration tool: $39,500 blue paint dynamic cruise control and lane keeping Placed my order at 7:33 PM (CST). Put it on the lowest rate card. WOOOPEEEE! Bob Wilson
AHA! Pushy FTW! It was only yesterday that I posted this comment to an InsideEVs news article: Pushy shoots... he scores! The crowd goes wild! Or, maybe... it's just that serial Tesla bashers are soooooooooo predictable!
Electrek has the right headline today though. Fred has changed color after he got a taste of his own Model 3 in Canadian winter. Tesla changes entire sales strategy, makes sales online-only, closes stores w/layoffs "Stores closing" across America. I am somewhat saddened to see another American company go down the drain. But the business model based on subsidies and fooling fan boys was inevitable to come to an end. Investors can sniff blood now.. From a reputable news site: https://www.bloomberg.com/news/articles/2019-02-28/musk-puts-out-35-000-model-3-nearly-three-years-after-debut?srnd=premium Musk Warns of Loss as Tesla Winds Down Stores, Cuts Model 3 Cost By Dana Hull and om Randall February 28, 2019, 2:04 PM PST Updated on February 28, 2019, 4:44 PM PST Shift to online-only orders reduces prices about 6% on average Stock drops as CEO says first-quarter profit improbable Comical Gene Munster at his best in the video It's over.
But we can't let Mr. Shorty Pants control the conversation here. Let's give a proper celebration to Tesla putting the $35k Model 3 into production! Keep going Tesla!
My expectation is this news will drive the stock price down (and I'll score.) The Q1 production numbers will come out early in April and TSLA prices will recover. Next the Q1 financials will come out early in May when we'll get better insights to margins and markets. Win-win-win. Bob Wilson
He'll have to wait until the market opens. Some after hours trading reports are in the $305-310 range. I'm hoping to see $280 but that may be too optimistic. I'll probably adjust it up Monday morning. Bob Wilson
I thought it might hit the $280 mark as well, but so far it seems to be holding at $294. To my mind, the drop is mostly down to the announcement of no Q1 profit, along with some uncertainty about putting all sales online. I think it's a radical solution to the problem of getting price down to $35K for base Model 3, but it has a solid chance of success. Tesla sales are already mostly online -- somewhere in the order of 75-80%. Headcount will be increased in service where it is needed -- I actually got to ask Musk about this angle -- and lots of expensive leases will go away. Bottom line is buyers who have been sitting on the sidelines -- I have an excited friend texting me about getting one as I type -- will now jump in. There is no better electric vehicle value on the market, and these changes allow for improvement in service, which has been spotty (excellent for some, long waits for some). One other point, now with all sales online, probably fewer extra inventory cars made.
Oh yes, I did 2 days ago when Mr. Tusk gave us the mini pop with his twitter shenanigans. I even said so up thread. Was waiting for the disappointment/bad news. You guys amaze me everyday. "Tesla invented new online sales". LOL. Cars are not for online sales. Trade in, evaluation of the trade in, test drive, little nudging to upgrade stuff, etc. are all gone. If it was better, Tesla would've doen that already in many years, don't think so? Are you saying Musk was so dumb to not do that if it was better? Just imagine KMart saying "Closing all US stores. Will only sell online.". And for KMart merchandise, selling on line makes even sense. For cars? Not a chance. I see Elon eventually going begging to Autonation to also sell Teslas. Now that Tesla critic Bob Nardli is no longer Autonation CEO, that can be a way out of this. Unfortunately, there isn't many people waiting for the $35k car. It was also to be WITH $7500 credit. Just look at the page views of the '$35k model 3' thread on this forum itself. It's so bad, Tesla already sent me email to come try the $35k model 3! I'm thinking, I will just ride it down to $0 this time. Oh, BTW, by how much did MOdel 3 beat Camry and Civic last month in US sales?
No one said Tesla invented online sales. K-Mart doesn't sell online because it went bankrupt after customers chose online buying at Amazon. Camry and Civic are in a different segment. You should ride to $0.
Yup. Short term loss for Tesla as the company adjusts to some significant changes, but long-term this will probably put Tesla on an even more solid financial footing. Shorters can rejoice over short-term gains; long investors can rejoice about the improved long-term lookout. Everybody wins! ...well, except for Mr. Shorty Pants and his fellow long-term TSLA shorters, who are more or less guaranteed to lose money over time.
Concerned that some folks might not realized what has happened, I scarfed up some TSLA shares at $295. Bob Wilson
Yeap, scored my 'rounding' stock: 50.0% - KL, gold mining stock 50.0% - TSLA, car manufacturing stock Looking into the future: Gold is the inflation protector while we're running record Republican deficits. Tesla will in ~30 days release Q1 manufacturing numbers with queues to Europe and Asia filled. Q1 is already predicted by Musk to be a loss but in ~60 days we'll also see their debt and income numbers. Bob Wilson
https://finance.yahoo.com/news/ntsb-opens-investigation-fatal-tesla-030028062.html U.S. safety agencies to investigate fatal Tesla crash in Florida
If this is real news, then why can't you find a legitimate news site to link to? Yahoo Finance isn't a real news site any more than Reeking Alpha is, and is just as infested with anti-Tesla FUDster trolls.
Tesla's promise of 'full-self-driving' angers autonomous vehicle experts https://www.cnn.com/2019/03/02/tech/tesla-full-self-driving/index.html Meanwhile, Tesla fan boys burn to crisp, stung by price drops on a non -existent vapor ware feature called FSD sold by Elon for years! The lemmings stiil don't get it that it is really worth $0. But some seemingly realizing they have been shafted.
Another fanboy burns and screams. https://twitter.com/TitusNation/with_replies I hear similar stories about Model 3 club on Facebook and EU fan sites. Now wait for the service centers to close. A "do it yourself" manual and no service center will lower model 3 price further to $30k, so people in Africa can also drive them "Buy the car; return in 7 days if you don't like' is yet another Elon scam. But he will hold the money for 8 weeks or longer, while you keep paying interest on two loans, not knowing if Tesla goes bankwupt with you holding two loans What a feaking dumb scam. Till there are fools like @bwilson4web who bite into such scams,these will keep going I hope, he is learning how to fix his Model 3 car by himself.