If you’re considering a Tesla..

[57stratdawg]

You probably want to act in the next few weeks. The tax credit drops from $7,500 to around $3,000 starting in 2019.

Also, I think the vehicle has to be in your possession by 12/31/18 (not just a deposit) in order to qualify. The current wait time on Model 3 is two to four months.

 

[PineGroveBully]

I'd wouldn't mind having one but I didn't realize until the other day that Tesla is worth more than Ford but has yet to turn a profit for any single year. Was watching one of those business shows, I'd have lost a bet on the being in the red but especially being worth more than Ford.

 

[stateguy]

Worth more than GM also (GM market cap is about $20B more than ford). Tesla $4B more than GM right now

 

[mcdawg22]

I’m want one with Ludicrous Mode.

 

[57stratdawg]

Yeah largest market cap of any automaker, I believe. Keep in mind, Tesla has the battery / energy side of things too. I believe they dropped “Motors” last year from their name.

 

[Jeffreauxdawg]

View attachment 10848

 

[Shmuley]

I’m sorry, I can’t hear you over the sound of my V-8 muscle.

 

[thatsbaseball]

Hijack: How many on here have a Tesla ?

 

[mcdawg22]

Okay

I’m sorry, I can’t hear you over the sound of my V-8 muscle.

https://m.youtube.com/watch?v=buNOLsd7jzA

 

[Captain Ron]

Just picked up my Model 3 yesterday. I got the 310 mile version. I absolutely love it for the 24 hours I have owned it.

 

[bruiser.sixpack]

I prefer my tank. But my regular car gets 6 miles to the gallon and I love it!****

 

[West Tn Dawg]

I'll stick to my Old Iron!
View attachment 10849

 

[WrapItDog]

I got the 310 mile version.

Your in-laws must live 311 miles from you**

 

[thatsbaseball]

Now that's funny

 

[Charlie Varney]

Elon Musk's attempt at humor this weekend


http://fortune.com/2018/08/05/elon-musk-downfall-hitler-tesla-shorts/

 

[MississippiHeavyMetalDog]

I have had a Model S for 2 years and 20,000+ miles and absolutely love it.

Gasoline cars:Tesla::flip phones:iPhone

One test ride was all it took for me. The price point was more than I was planning to spend, but there were some financial offsets (incentives, free Superchargering, gas savings) that helped me justify it. That’s my story and I’m sticking to it. If you are looking to spend $40-50k on a car, the 3 is a great one too.

 

[MississippiHeavyMetalDog]

Largest American automaker. VW, Daimler, BMW, Toyota and Honda (I think) are larger.

The federal incentive is cut in half to $3,750 on January 1.

 

[CuzDawg]

Same here. View attachment 10851

 

[mcdawg22]

Same here. View attachment 10851

The legendary Cuda.

 

[tatedog]

I sleep like a baby with Musk controlling so much of my 401k. I wake up every 30 minutes crying.

 

[TheStateUofMS]

Better get the trailer on the market pronto*

 

[TheStateUofMS]

A company's market cap is not how you get the true value of a company and certainly not what M&A guys would use if there was ever a merger/acquisition.

I doubt if TSLA was up for sale it would sell at its market cap value. I would guess it would sell below the market cap. It's a cult stock. It's been bid up by the cult-like bulls. It's the most shorted stock in the overall stock market as well. There's going to be a lot of folks who make a lot of money and a lot of folks who lose a lot of money when the chickens come home to roost. Your guess is as good as mine when that happens, but I would suspect whenever TSLA starts producing a regular profit or regular profits are on the horizon, the company will start to get a more realistic valuation.

If it was actually valued like a car company like F and GM, the stock would be around $100/sh.

I'm not calling for it to drop to $100, but there's not way one can truly justify the stock's current price.

 

[TheStateUofMS]

It has to do with the volume of vehicles TSLA is producing. Once they went over 200,000/yr (I think), they lose tax credits.

 

[deadheaddawg]

I’m sorry, I can’t hear you over the sound of my V-8 muscle.

Well look ahead down the road. See that car that looks better than yours and is faster than yours...that's a tesla model S. Its better than your help of junk in very possible way

Look quickly though, because you will never catch it. Its too fast for you

 

[turkish]

Nothing like buying a vehicle priced north of $50k predicated upon getting government incentive.

 

[rynodawg]

Have seen a couple Model 3’s around Jackson already, and have considered it My only concern right now would be maintenance & any warranty repairs. Concerned about having to drive to New Orleans or similar every time something goes wrong. Would like to at least see 3rd party repair agreements to cover places like Jackson until Tesla can open more locations.

That said I do have a decent # of TSLA shares, but it’s more of a long term 20 year bet. I’m convinced that the majority of new cars will be electric in our lifetime. Maybe Tesla doesn’t survive that long, but right now they have a giant head start.

 

[13thEagle]

[video]https://www.nbc.com/saturday-night-live/video/adobe/n9492[/video]
I always wanted one of these

 

[RocketDawg]

What do you do if you go on, say, a 500 mile trip? Do you have to spend the night in a hotel with chargers and continue next day? It's not like you can stop at a gas station and fill up in a matter of 5 minutes. I can see it being a great "around town" car, but not for longer trips.

 

[Captain Ron]

So for a trip from ATL to Starksville which is about 300 miles, I can stop at the supercharger in BHM which is located in the uptown area where we can take a quick bathroom break. It will charge to 80 percent or so in about 20 minutes. I will be only at 50 percent or so, so I will be close to 95 percent in that time.

Once in Vegas, I plug in at my parents on a 110v outlet, or if we opt for a hotel, several have plugs there.
On the way back we plan the stop in BHM just like on the way over.

The Supercharges are located along about every interstate now to allow you to go coast to coast.

Certainly not as quick as gas (at the moment) but the way our trips work out with the family bathroom breaks, it isn’t really a big deal.

The other EVs that can’t handle the quick charge, or don’t have the range, would create more of an issue certainly.

 

[rynodawg]

Crazy day in Tesla news. The shorts are 17ed, if the company becomes private. Musk is promising that shareholders will have an opportunity to either sell, or convert somehow to shares in the private company. Curious how that would work, as I’d make a solid amount selling at $420, but I was hoping to hold 10+ years.

 

[karlchilders.sixpack]

So Musk can take no more ********!

Tired of answering questions.

Taking action to go private.

 

[RocketDawg]

I didn't know things like that were so common since I haven't taken the electric plunge. Does the supercharging diminish battery lifetime? Is there a danger of rapid charging (electric cars have somewhat of a bad rep regarding fires)? How much is a supercharge "fillup"?

 

[bulldogbaja]

No danger but it can reduce the battery life if you do it all the time. However, lifetime of newer packs can easily exceed that of an engine- it just makes sense if you think about it, compare the number of moving parts. The next gen of batteries might last a million miles.
Also, gas powered cars are several times more likely to catch fire in a crash.

 

[RocketDawg]

After about 5 minutes of "research" (googling), I found out that as of March there were about 50 Teslas in our area. I've seen one several times recently so I assume that it lives near here. I've also seen the two-seat version around for the last couple of years.

Looks like the nearest Tesla service center is in Nashville. If something broke, it would be a bit of trouble to take it in. And there doesn't seem to be a supercharging station nearby but supposedly is planned of I-65 soon.

 

[RocketDawg]

Might be nice to have some SpaceX along with your Tesla, but it's supposedly not going to be public until we "regularly go to Mars". That will be a while. When SpaceX first started, I thought Elon Musk was crazy. I still do, but he's a rich nut and gets things done.

 

[PineGroveBully]

I saw that, stock closed at up like 11%

 

[MississippiHeavyMetalDog]

https://supercharge.info/map Here is a map of Tesla-owned charging stations. The density in Europe and China is surprising. I've made it from Pearl to Starkville and back with the smallest battery Model S (60 kW). I charged during a basketball game (approx. 2 hours) and made it back to Pearl with no problem. I have also done the Meridian-Starkville-Meridian trip on a single charge. CAVS has a Level 2 (212 volts/30 amps) charger and the Hampton Inn and Comfort Suites in Starkville have Tesla/Level 2 chargers if you need something faster than 110 volts/10 amps. Superchargers are usually near malls, outlets malls or restaurants. The one in Baton Rouge is next door to the Acme Oyster House. Mmmmm! My car is usually ready to go before I am. (It will send a text alert when it's ready)
Model S and X have 8 year, unlimited mile warranties on the battery and drive unit. Supercharge "fillups" are free for S and X and less than $10 for Model 3.

Regarding supercharging fires; I'm aware of one supercharging fire a year or so ago in China, but I'm sure the Tesla shorts have them all well documented.

https://www.tesla.com/carbonimpact This map shows Tesla hot spots. This map/picture is worth a thousand words.

From the "I betcha didn't know this" category, there is a solar powered Tesla chargeport between Carthage and Louisville. https://www.plugshare.com/location/51709
Just in case...

 

[Captain Ron]

I didn't know things like that were so common since I haven't taken the electric plunge. Does the supercharging diminish battery lifetime? Is there a danger of rapid charging (electric cars have somewhat of a bad rep regarding fires)? How much is a supercharge "fillup"?

I see most of the questions have been answered below, but it may or may not makes sense depending on where you live and driving patterns to take the plunge. I held off a long time because there really wasn’t a car that had the range (at least for what I was willing to spend) for my travels. I needed realistically about a 150 mile range to be safe for it to be even a “local car. Others around Atlanta did just fine with the Leaf (about 110 miles at the time) as they were just buzzing around town and there are plugins all over the place. Somewhere like Starkville, (for now) you would realistically be pretty range limited unless your place of business etc had a normal 110v plug (or charger) with any of the short range EVs.

The Telsa gives you the city commute with no worry and cross country range. If I were to go way off the beaten path (interstate system) I would be somewhat ranged limited without an overnight stop as most of the non supercharger type station will get you 20-40 miles per hour as opposed to 400 MPH with the SC. Although if you stop for dinner, the mall etc, you can plug in to top off, it isn’t like you are gonna sit there for 3 hours fueling up on a long road trip with those types of chargers.

There are are all kinds of arguments of fuel cost savings, environment, politics etc that people use to justify to purchase, or to argue against an EV. For me, I will most likely never save a dime over an ICE car (compared to the Model 3 price) but I absolutely LOVE driving the car, the technology, and plugging in for cheap at home. The fact that I can can turn on the AC from my phone (from anywhere) after it has been sitting in a parking lot all day, might be the best part It is like getting a new car, smart phone and IPad all in the same day.

If anybody has seen the air quality in Atlanta in the summer especially, i certainly like the fact that I am not contributing to that problem as well.

Whether you are a fan of Tesla or not, just about every manufacturer has a 200 plus mike range car coming next year, or in development and the prices are coming down fast as the infrastructure to “fuel” them is growing by leaps and bounds.

 

[RocketDawg]

Isn't the carbon footprint a little misleading (the larger the city, the bluer it is, as would be expected). But doesn't it take carbon to generate electricity for the charge? Or nuclear. There's not much hydro left.

 

[Captain Ron]

Isn't the carbon footprint a little misleading (the larger the city, the bluer it is, as would be expected). But doesn't it take carbon to generate electricity for the charge? Or nuclear. There's not much hydro left.

I am not arguing carbon footprint, but the numbers I have seen show that it is a significant drop in carbon to power an EV compared an ICE. Just like with electricity, it simply isn’t the gallon of gas as it takes a lot of energy just to refine that oil into a gallon of gas.

The smog issue is a whole different issue. Most of the smog in the Atlanta metro area is not in any way coming from power plants, but primarily from ICE. Carbon issues or not, smog would be greatly reduced by having less gas burning cars on the road.