12-28-2014, 04:07 PM | #1 |
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Tesla sales forecast cut by 40%
Via CNN Money:
Tesla sales forecast cut by 40% Adam Jonas, auto analyst with Morgan Stanley -- and long a bull on Tesla -- published a note Wednesday forecasting that Tesla will only be able to sell just under 300,000 cars by 2020. That's far short of the 500,000 cars that Tesla is predicting it will sell by that date.
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12-28-2014, 04:15 PM | #2 |
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Crap cars, only worth buying if you can get something for owning one, like in Norway, they aren't well suited for this country but they sell well because you don't pay for road tax, tolls, ferry's, tunnels, and no sales tax. Makes it a pretty powerful incentive to buy one despite it large shortcomings.
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12-28-2014, 04:27 PM | #3 |
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What shortcomings are you talking about? Who doesn't want to own a 100% electric car that goes nearly 300 miles on a single charge.
They are expensive but they perform better than some cars in that price range and better than some that cost more. |
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12-28-2014, 05:29 PM | #4 | |
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12-28-2014, 06:13 PM | #5 | |
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12-28-2014, 06:41 PM | #6 | |
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12-28-2014, 06:43 PM | #7 |
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300 miles in ideal conditions, lightly loaded and keeping to a pretty slow pace, I very much doubt you could get anywhere near that on a motorway driving at motorway speeds.
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12-28-2014, 06:50 PM | #8 | |
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Tesla is suppose to make a $30k car that has the same 300 mile range and if they do, that'll be a major game changer. The other manufacturers want Tesla out of business and are working with the oil companies to make sure this happens. Why do you think there is so many restrictions on Tesla right now? No dealerships, limited amount of sales per month, etc. They are jealous that Tesla has made a 100% electric car with the range and sophistication it has compared to their "hybrids" and electric cars. If I had the money, I would buy one since there is a charging station not that far away from my home. |
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12-28-2014, 06:56 PM | #9 | |
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12-28-2014, 09:24 PM | #11 | |
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12-28-2014, 09:27 PM | #12 | ||
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It is also odd to see you quote the alleged $30k Tesla when the linked article mentions the vehicle projected to be priced more like $60k.
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12-28-2014, 09:31 PM | #13 | |
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12-28-2014, 10:25 PM | #14 |
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This news is incredibly bullish. When Tesla winds up selling 301k cars, they will claim that they beat estimates and the algos will go wild, pushing the stock up 25% instantly. It's the "new normal" trick, just keep revising your expectations downward so that anything is considered a "beat". Then, when the algos go wild and buy up the company's stock with fake central bank "printed" money, Musk can then buy back his company's stock. Thus, paying himself and the other 0.1%rs in his company massive bonuses while not reinvesting the capital in the company and screwing over his workers, forcing them to work at stagnant/falling wages while inflation rages around them. Success Mr. Bernake/Yellen!!
It all works until it doesn't. Bring on the crash please. Last edited by NickyC; 12-28-2014 at 10:43 PM.. |
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12-29-2014, 10:40 AM | #15 | |
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12-29-2014, 10:43 AM | #16 |
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12-29-2014, 10:46 AM | #17 |
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What restrictions, its Tesla themselves who want to bust the dealership sales model, as for the limited sales that's down to price more then anything else. It's not a cheap car, it has many drawbacks, it can't 100% replace a conventional vehicle.
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12-29-2014, 10:52 AM | #18 | |
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I see a ton of these around here and they're for high income individuals who can afford a Tesla as well as another car for longer road trips. Much of this cut in demand could be due to changes in assumptions with regards to oil prices. No one ever expected gas to drop as low as it has due to the Saudi's flooding the market. |
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12-29-2014, 10:56 AM | #19 |
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12-29-2014, 11:06 AM | #20 | |
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12-29-2014, 11:11 AM | #21 | |
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Tesla is far more concerned with US and China....much bigger markets. I'd personally never own one but could understand why others would. |
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12-29-2014, 11:15 AM | #22 |
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Strangely enough Norway is Tesla's largest export market. Despite what I have said above (I live in a rural area) in a city like Oslo it works within it's limitations, especially since you can use buslanes with them.
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