Tesla S - or - Why can't everybody else...?

Tesla S - or - Why can't everybody else...?

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Discussion

TooMany2cvs

Original Poster:

29,008 posts

126 months

Saturday 14th December 2013
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So all the mainstream car manufacturers are spending billions and billions to produce platforms. It's such an expensive business that the platforms need to be scalable and modular to cover a whole range of models, with rivals co-operating on JVs - or even just buying in - platforms from each other.

Yet Tesla, on a relative shoestring, manage to produce a complete car. Not just a complete car, but one that breaks new technical ground AND is amongst the best of the sector to drive. And it's their very first ever attempt at a platform, too.

WTF? How? Where have Tesla found such a cache of seriously top-notch chassis and suspension and NVH and whateverelse engineers? What've they been doing up until now?

Or is there somebody being utterly ignored, jumping up and down at the back shouting as loud as they can about the Emperor's sartorial choices?

kambites

67,552 posts

221 months

Saturday 14th December 2013
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I don't know much about them but I'd guess they poached designers from other manufacturers and threw money at the project.

TooMany2cvs

Original Poster:

29,008 posts

126 months

Saturday 14th December 2013
quotequote all
kambites said:
...and threw money at the project.
That's the thing. They didn't.

The public estimates of development cost are $400m for the entire car.

PSA and GM are reckoned to have spent over €600m on just one platform.
There's rumours of VW missing profit targets because of just the development overspend on a platform.

Chicane-UK

3,861 posts

185 months

Saturday 14th December 2013
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Had a passenger ride in the Tesla Roadster last month... it was mind bogglingly good. Now if only I had the means to afford one!

ging84

8,886 posts

146 months

Saturday 14th December 2013
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TooMany2cvs said:
Yet Tesla, on a relative shoestring, manage to produce a complete car. Not just a complete car, but one that breaks new technical ground AND is amongst the best of the sector to drive. And it's their very first ever attempt at a platform, too.

AnotherClarkey

3,593 posts

189 months

Saturday 14th December 2013
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Bagging a massive car factory on their doorstep for a knockdown price will have helped too. Mercedes and Toyota both put moderate but useful sums of money in and Toyota provided a lot of assistance with manufacturing.

DonkeyApple

55,193 posts

169 months

Saturday 14th December 2013
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Wasn't the Roadster linked with Lotus?

kambites

67,552 posts

221 months

Saturday 14th December 2013
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DonkeyApple said:
Wasn't the Roadster linked with Lotus?
Yes; IIRC Lotus supplied the tub (from the Elise) and actually manufactured the car for them, minus the drive-train. The Model-S is entirely in-house as far as I know, though.

Chicane-UK

3,861 posts

185 months

Saturday 14th December 2013
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AnotherClarkey said:
Bagging a massive car factory on their doorstep for a knockdown price will have helped too. Mercedes and Toyota both put moderate but useful sums of money in and Toyota provided a lot of assistance with manufacturing.
So did Mercedes and Toyota invest purely as an investor might - expecting a profitable return on investment. Or did they invest expecting to get access to some of the technology and R&D that Tesla have done?

AnotherClarkey

3,593 posts

189 months

Saturday 14th December 2013
quotequote all
Chicane-UK said:
AnotherClarkey said:
Bagging a massive car factory on their doorstep for a knockdown price will have helped too. Mercedes and Toyota both put moderate but useful sums of money in and Toyota provided a lot of assistance with manufacturing.
So did Mercedes and Toyota invest purely as an investor might - expecting a profitable return on investment. Or did they invest expecting to get access to some of the technology and R&D that Tesla have done?
I think it gets them access to some of the battery technology but don't know the details. ISTRC that the pack in the Merc B-Class electric under development uses Tesla expertise, as does the Rav 4 EV.

DonkeyApple

55,193 posts

169 months

Saturday 14th December 2013
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kambites said:
DonkeyApple said:
Wasn't the Roadster linked with Lotus?
Yes; IIRC Lotus supplied the tub (from the Elise) and actually manufactured the car for them, minus the drive-train. The Model-S is entirely in-house as far as I know, though.
The S is all inhouse and so is the SUV.

The difference between TM and GM is that TM is a growth stock and GM in income stock. As such, profit isn't important to TM at this stage. What adds value to their share price is expansion. GM and all the other established manufacturers must deliver share holder returns as profit and dividends as they are mature businesses.

I've not checked but I imagine TM trades on a very big multiple and GM on single digits, or close.

bigmadjohn

210 posts

207 months

Sunday 15th December 2013
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Saw a documentary about the model S the other night on National Geographic

They build the S entirely in house in a closed down GM factory in California. The entire production line for the S uses less than 20% of the facility. They hired a guy who used to set up Toyota's North American factories to set theirs up. Seemed very state of the art when compared with other documentaries on car building, lots of new robots, massive die presses for the aluminium panels etc.

They also hinted that the next big thing from Tesla would be a small city type car, costing the equivalent of other petrol small cars, they were hinting that that would be the use for the unused 80% of the factory.

Very good documentary, keep an eye out for it.

coppice

8,600 posts

144 months

Sunday 15th December 2013
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When I read the road test of the S in Autocar I was gobsmacked. I have always been intrigued by any new technology in cars and am in the minority who don't think that showing this interest will emasculate me; so the Tesla was quite extraordinary. An electric car which lived up to the promise of the idea- who would have thought ? And why is every body else lagging behind ? Hybrids like the Prius and Volt are fine (yes, I said it ) but the range anxiety with stuff like the Leaf is enough to put most people off.

wfarrell

232 posts

220 months

Sunday 15th December 2013
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...the reason Tesla are ahead is because they've been smarter than everybody else:

- a "non OEM" entrepreneurial mind-set (not held back by history, not afraid to take calculated risks, not afraid to threaten "conventional engine" products)
- "silicon valley tech" brand image
- premium pricing (but still accessible to target audience)
- attractive design and proportions
- awesome performance
- enough battery capacity to suppress "range anxiety"
- practical useful spacious comfortable car

...it's a desirable and practical "high status without guilt " premium EV - what's not to like ?

As such, it's a game changer - like the iPod or Nintendo Wii.

Almost certain that every significant car manufacturer has bought at least one for benchmarking and teardown....




Will

Viper

10,005 posts

273 months

Sunday 15th December 2013
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Wiki the CEO behind Telsa, Elon Musk, its an interesting read, he was behind paypal and formed SpaceX a very successful company started from scratch which put a rocket into space in a extremely short time

98elise

26,505 posts

161 months

Sunday 15th December 2013
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Is anyone else waiting for Technomatt to arrive and rant about how st the Tesla is smile

For me the Model S is probably a car I will buy, and keep for decades. What other car has seats 7 (with the jump seats), has loads of boot space, look fantastic, goes like stink, and has a robust and simple drivetrain?

Johnny

9,652 posts

284 months

Sunday 15th December 2013
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Was looking at the S they have in the shop/showroom in Westfield on Frriday.

Very impressive, and looks bloody lovely.

I would.

Welshbeef

49,633 posts

198 months

Sunday 15th December 2013
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98elise said:
For me the Model S is probably a car I will buy, and keep for decades. What other car has seats 7 (with the jump seats), has loads of boot space, look fantastic, goes like stink, and has a robust and simple drivetrain?
I'm in the same boat as you.
Great looks
Really fast
Very practical
Very cheap to run
Very low maintenance costs
Is the best technology to rival IC vehicles.

You tube has a lot of vids at the drag strip this thing beats Vipers SRTs and only just loses to the E63 AMG bi turbo....
12 second 1/4 mile and 110 mph terminal speed.

What is not to like?
Petrol heads were rightly worried that GWizzs were the future and what a sad place that would be - well worry not the future looks very good

AnotherClarkey

3,593 posts

189 months

Sunday 15th December 2013
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98elise said:
For me the Model S is probably a car I will buy, and keep for decades. What other car has seats 7 (with the jump seats), has loads of boot space, look fantastic, goes like stink, and has a robust and simple drivetrain?
That is my thinking too - pre-pay for another battery pack up front and it only costs $10000 - $12000 depending on size. That is 20 years of motoring on a warranted battery pack which takes 90 seconds to swap. Other servicing should be quite straightforward given the simple mechanical nature of the car and electronics like the entertainment system can probably be swapped out to keep up with the times as necessary.

TooMany2cvs

Original Poster:

29,008 posts

126 months

Sunday 15th December 2013
quotequote all
AnotherClarkey said:
pre-pay for another battery pack up front and it only costs $10000 - $12000 depending on size. That is 20 years of motoring
Why on earth would you pre-pay for something that isn't going to be needed for a decade?