Tesla Model 3 revealed

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Discussion

walm

10,609 posts

202 months

Friday 1st July 2016
quotequote all
98elise said:
walm said:
FurtiveFreddy said:
IF the shareholders aren't happy, they can vote against the deal then can't they?

Your opinion is not necessarily that of the shareholders, so maybe you should stop speaking on their behalf?
This isn't a matter of opinion really.
The stock price tells you the shareholder view.
It's my job to interpret stock moves.
I am just saying what this particular move means.

And yes, absolutely they can vote against the deal, but owing to the block voting by certain groups and given the board approved the deal - it's often tough to gamble on a vote going the way you want it.

Often it's just easier to sell your shares!
Does the recent recovery mean that the shareholders are now happy (apart from the effect of a fatal crash on autopilot!)?
Their view on the deal is unlikely to have changed.
Once the news is out and has filtered into the trading of what, 1-2 days, then the stock will just start moving on NEW news.
In other words the stock price already reflects the full impact of the SCTY deal and your next buyer or seller of their shares isn't reacting to SCTY but to something else.

Very very rarely will the initial view of a deal change.
I guess if Musk came out and said, actually chaps we done the numbers and there's $1bn of cost synergies in there, that would obviously be incrementally positive (if investors believed him).

walm

10,609 posts

202 months

Friday 1st July 2016
quotequote all
skyrover said:
RobDickinson said:
Interesting, this stuff will have to be thrashed out in courts I suspect. Was the driver using it correctly (it does need supervision)? Is it right to just throw this effectively beta level function out to untrained users?

Another part of the argument is Tesla have solid data that says their autopilot is safer than humans, the mean time between deaths is 1.4 times that of people...
Autopilot only works on Motorways, so it can't really be compared to human crash statistics.
Unless they compared it to human crash statistics on motorways perhaps!?

skyrover

12,671 posts

204 months

Friday 1st July 2016
quotequote all
walm said:
skyrover said:
RobDickinson said:
Interesting, this stuff will have to be thrashed out in courts I suspect. Was the driver using it correctly (it does need supervision)? Is it right to just throw this effectively beta level function out to untrained users?

Another part of the argument is Tesla have solid data that says their autopilot is safer than humans, the mean time between deaths is 1.4 times that of people...
Autopilot only works on Motorways, so it can't really be compared to human crash statistics.
Unless they compared it to human crash statistics on motorways perhaps!?
Which they haven't.

Probably because humans don't crash very often on Motorways

walm

10,609 posts

202 months

Friday 1st July 2016
quotequote all
skyrover said:
Which they haven't.

Probably because humans don't crash very often on Motorways
This is the US.
Those guys crash in empty car parks.

WestyCarl

3,240 posts

125 months

Friday 1st July 2016
quotequote all
skyrover said:
Which they haven't.

Probably because humans don't crash very often on Motorways
and Tesla's autopilot crash even less biggrin

Artey

757 posts

106 months

Friday 1st July 2016
quotequote all
WestyCarl said:
skyrover said:
Which they haven't.

Probably because humans don't crash very often on Motorways
and Tesla's autopilot crash even less biggrin
...but when they do they always end up killing someone. Brrrrap.

rscott

14,719 posts

191 months

Saturday 2nd July 2016
quotequote all
Artey said:
WestyCarl said:
skyrover said:
Which they haven't.

Probably because humans don't crash very often on Motorways
and Tesla's autopilot crash even less biggrin
...but when they do they always end up killing someone. Brrrrap.
Especially if the driver is watching Harry Potter on DVD at the time - http://www.standard.co.uk/news/world/first-person-...

Blaster72

10,827 posts

197 months

Saturday 2nd July 2016
quotequote all
rscott said:
Artey said:
WestyCarl said:
skyrover said:
Which they haven't.

Probably because humans don't crash very often on Motorways
and Tesla's autopilot crash even less biggrin
...but when they do they always end up killing someone. Brrrrap.
Especially if the driver is watching Harry Potter on DVD at the time - http://www.standard.co.uk/news/world/first-person-...
same article said:
However, another witness, Terence Mulligan, cast doubt on the reports, saying he arrived on the scene before police and found no movie playing.
So which is true??

Regardless if the car didn't see the truck, the driver should have been paying enough attention to see it. If the truck did actually just pull in front of him there wouldn't be enough time for the car or driver to avoid it anyway.

I'm sure this story will run and run and won't be the last Tesla on autopilot to crash.

David87

6,651 posts

212 months

Saturday 2nd July 2016
quotequote all
Why do people keep saying that Autopilot only works on motorways? When I test drove a Model S it was quite happy to drive itself down the B-roads near my house.

Tuna

19,930 posts

284 months

Saturday 2nd July 2016
quotequote all
David87 said:
Why do people keep saying that Autopilot only works on motorways? When I test drove a Model S it was quite happy to drive itself down the B-roads near my house.
I believe that the software relies on consistent lane markings and some assumptions about the road layout (it's optical only, no LIDAR). So whilst it will work in many circumstances, you really shouldn't rely on it. The software is not 'smart' enough to know when it's out of it's depth so it's up to you to know when it can be safely used. Motorways are perhaps the most reliable environment to operate in.

There is some danger that autopilot is oversold. Because it's quite a complex system, it can give the impression of being a lot smarter than it actually is. I'm sure there's some legal bits in the car manual that limits the circumstances you can safely use autopilot and puts the responsibility with the driver. However, there are always going to be a lot of people who don't read the manual.

I'm not sure if it's urban legend, but there was a story that when cruise control was first introduced, an RV owner set off on a journey, put cruise control on and went into the back to make a coffee with predictable results.

Unfortunately, even if it were perfect, accidents will happen. Any loss of life is a tragedy. That doesn't make autopilot a bad thing, just something that will have to be understood by owners and no doubt legally defined when people want to apportion blame.

RobDickinson

31,343 posts

254 months

Saturday 2nd July 2016
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It's not optical only, it has radar.

s3fella

10,524 posts

187 months

Monday 11th July 2016
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s3fella said:
With demand like that, they will never deliver them. And then delivered cars will be up for sale for £50k

If they can deliver them, it is the end of electric car use as we know it. BY that I mean no one will be able to get them charged up, parked for free, currently free charge points will become chargeable, and the one or two charging points at work that companies put in to be seen to be good and green,will be fought for and the cause of huge rows.

http://www.thisismoney.co.uk/money/cars/article-3678631/End-road-free-electric-car-charging-motorway-services.html

Who'd have thunk it!! It was always going to happen!!

RobDickinson

31,343 posts

254 months

Monday 11th July 2016
quotequote all
s3fella said:
http://www.thisismoney.co.uk/money/cars/article-36...

Who'd have thunk it!! It was always going to happen!!
article said:
Tesla drivers will continue to be able to access the company’s supercharger network at no cost.
You know its still free for Tesla right? Not that it matters...

lost in espace

6,160 posts

207 months

Monday 11th July 2016
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I went for a test drive in a P90D and even got to try ludicrous mode. Needless to say an S is out of reach, but is it actually worth putting a grand down for a M3 or am I right at the end of the purchasing queue now?

kambites

67,552 posts

221 months

Monday 11th July 2016
quotequote all
lost in espace said:
I went for a test drive in a P90D and even got to try ludicrous mode. Needless to say an S is out of reach, but is it actually worth putting a grand down for a M3 or am I right at the end of the purchasing queue now?
Depends on when you want it, I suppose. From what I've read, people ordering now are being told they will get their cars in late 2018 or early 2019 depending on how many of the pre-orderers pull out. Of course that's assuming the project stays on schedule, which Tesla hardly have a great history of.

Lowtimer

4,286 posts

168 months

Monday 11th July 2016
quotequote all
Huh? By definition, everyone who joins the queue today joins behind all the people who joined earlier.

This -
http://cleantechnica.com/2016/05/07/delivery-targe...
suggests if you order now you will be looking at 2019.

jkh112

21,975 posts

158 months

Monday 11th July 2016
quotequote all
Although Tesla have said cars will be delivered in priority of ordering, they have also said that rhd cars will come later in the production run.
Therefore if the rhd orders are not that large then they may all be produced in one run, hence ordering now will not necessarily make delivery that much later than those who have already ordered.

lost in espace

6,160 posts

207 months

Monday 11th July 2016
quotequote all
jkh112 said:
Although Tesla have said cars will be delivered in priority of ordering, they have also said that rhd cars will come later in the production run.
Therefore if the rhd orders are not that large then they may all be produced in one run, hence ordering now will not necessarily make delivery that much later than those who have already ordered.
Thanks!

dxg

8,184 posts

260 months

Saturday 24th December 2016
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FurtiveFreddy

8,577 posts

237 months

Wednesday 28th December 2016
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What is possibly more interesting are the plans for the 3rd generation Supercharger.

The speculation is that this will give a full charge in 15 minutes. It's already been announced that free Supercharging won't be bundled with the Model 3, so that should also take some pressure off the Supercharger network.

The next big reveal for the Model 3 will be in early Spring according to Musk. That should give us a look at the final exterior design and probably a much better idea of what the final interior and displays will look like.

Oh, and the TSLA share price is doing OK, having recovered from the dip following the SolarCity merger, so it seems the shareholders are relatively happy after all.