Tesla and Uber Unlikely to Survive...

Tesla and Uber Unlikely to Survive...

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anonymous-user

55 months

Friday 13th September 2019
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Tuna said:
It occurred to me the other day that with Tesla's greatest strength being the brand association with BEVs, the best move the competition could make would be to champion a different technology. In that context, things like hydrogen and solar cells are not just about advancing the tech, it's also about trying to create the 'next next' generation and skipping over Tesla completely.

Interesting times...
That depends on what the best technology is. Presently BEVs have it.

Nothing to show hydrogen will ever be as good and solar looks a very long way off and even then is complimentary.

The best way for the competition is simply to build a better mousetrap.

hyphen

26,262 posts

91 months

Friday 13th September 2019
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Tuna said:
It occurred to me the other day that with Tesla's greatest strength being the brand association with BEVs, ..
I think that is why some of the other brands are creating a different name for their EV offering, ID for VW and iNext etc where they are directly competing with a Tesla model. So Mini at the lower end is still named mini.

As EVs grow, Tesla is also effectively getting a lot of PR for free, as naturally every new release is compared to its cars by the press. But at some point that will stop, and the advertising campaigns of the OG's smile should put their EV branding firmly in the consumers minds

Gandahar

9,600 posts

129 months

Friday 13th September 2019
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Sambucket said:
Whatcar reliability rankings out last week! Will be interesting to see CR’s next report.

Brand Reliability Rating

Lexus 99.3%
Toyota 97.7%
Suzuki 97.3%
Tesla 96.9%
Subaru 96.6%
Kia 96.3%
Hyundai 95.7%
Mini 95.4%
Skoda 95.2%
Honda 94.9%
Mini beats BMW whilst being UK built !

Long gone the days of

https://www.youtube.com/watch?v=FU-tuY0Z7nQ

Skit on Fiat https://www.youtube.com/watch?v=-fXV6KzhBbM

Neither are doing too well today I guess. Only one buys CO2 credits from someone else.

Gandahar

9,600 posts

129 months

Friday 13th September 2019
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That top 5 is worrying when Japan gets going electric cars. The do know their electricals.....



Gandahar

9,600 posts

129 months

Friday 13th September 2019
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jjwilde said:
DonkeyApple said:
Tesla would have had a lot more business if the crypto market hadn’t collapsed. wink
Hey bitcoin is allowing me to only work a few months a year at the moment. Been like that since 2016. Those stcoins might have collapsed but bitcoin is comically floating around £9k a coin. It has given me the best life. Model3 on the way.
For Tesla I think profits, debt and cashflow is what is important. We are in a long term bubble at the moment so companies need to make hay whilst the sun shines and pay off debts so when the rainy day comes they will not be hit with the double whammy of increased debt charges and lower sales.

Let's see how much profit and debt they have Q3 results. Both should have gone down given a good reception to the model 3 in multiple markets. I've seen 105 000 cars sold bandied about. Who knows. Model 3 is lower margin than X or S so the increase in 3 sales needs to more than compensate lost profit per car.

Nobody knows yet.



hyphen

26,262 posts

91 months

Friday 13th September 2019
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Gandahar said:
That top 5 is worrying when Japan gets going electric cars. The do know their electricals.....
And yet Vag overtook Toyota, and Dyson sell loads of products smile

The Japanese will continue to design their premium cars to not wow the European palate aka Lexus and Infinity.

Edited by hyphen on Friday 13th September 14:36

jamoor

14,506 posts

216 months

Friday 13th September 2019
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Gandahar said:
That top 5 is worrying when Japan gets going electric cars. The do know their electricals.....
So do chinese!

u9ge

56 posts

60 months

Friday 13th September 2019
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have just seen this head to head:https://www.autoexpress.co.uk/tesla/model-3/107774/tesla-model-3-vs-bmw-3-series-electric-car-vs-diesel-showdown

Looking at the comparison table down the bottom and was staggered by the difference in resale value after 3 years. So buying a 3 series will cost £28k while a model 3 will cost you £14.5k. If all you care about is not setting your hard earned cash on fire, why would you even bother thinking about the BMW option?


anonymous-user

55 months

Friday 13th September 2019
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It's a wild guess on residuals tho right now?

jamoor

14,506 posts

216 months

Friday 13th September 2019
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u9ge said:
have just seen this head to head:https://www.autoexpress.co.uk/tesla/model-3/107774/tesla-model-3-vs-bmw-3-series-electric-car-vs-diesel-showdown

Looking at the comparison table down the bottom and was staggered by the difference in resale value after 3 years. So buying a 3 series will cost £28k while a model 3 will cost you £14.5k. If all you care about is not setting your hard earned cash on fire, why would you even bother thinking about the BMW option?

0% bik too.

and 1/4 of the fuel cost.

The 3 series doens't make sense in the UK market anymore. Even when they launch the 500hp M3 it will already be dated when put next to the M3P

Burwood

18,709 posts

247 months

Friday 13th September 2019
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Sambucket said:
It's a wild guess on residuals tho right now?
For the M3 sure but not the 3 series. My FIL can attest to that. He's had 3 of them over 6 years and took a bath on all of them. Current 330 cost(after hard bargaining lol) £36 (rrp 42k) and is currently 15 months old with 9k on the clock. he enquired about the new model and was offered £18.5k. He wasn't impressed.

The new G20 is a great looking car but I fear it will plummet in values too

Witchfinder

6,250 posts

253 months

Friday 13th September 2019
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Good news for second hand buyers though. Would you want to buy a second hand Tesla from anyone other than Tesla? You'll be paying through the nose for it, Tesla are notorious for manipulating the second hand market.

SWoll

18,426 posts

259 months

Friday 13th September 2019
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Easy when you're the only game in town. If other manufacturers ever get their arses in gear I'm sure that will change.

hyphen

26,262 posts

91 months

Friday 13th September 2019
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Witchfinder said:
Good news for second hand buyers though. Would you want to buy a second hand Tesla from anyone other than Tesla? You'll be paying through the nose for it, Tesla are notorious for manipulating the second hand market.
Iirc Tesla don't buy back cars unless you part ex? So imagine not many approved used cars about.

Currently the buyer demand for model X and S is significantly lower due to Model 3. And once Y comes out, the same may happen to the 3.

Edited by hyphen on Friday 13th September 17:51

hyphen

26,262 posts

91 months

Friday 13th September 2019
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Burwood said:
Sambucket said:
It's a wild guess on residuals tho right now?
For the M3 sure but not the 3 series. My FIL can attest to that. He's had 3 of them over 6 years and took a bath on all of them. Current 330 cost(after hard bargaining lol) £36 (rrp 42k) and is currently 15 months old with 9k on the clock. he enquired about the new model and was offered £18.5k. He wasn't impressed.

The new G20 is a great looking car but I fear it will plummet in values too
How much would the lease cost have been? As your FIL is probably in the minority of buyers who actually purchase the car.

Also if Model 3 sells by the bucket loads, then the used prices will be much cheaper. Currently it's based on the assumption that there won't be that many to choose from I would guess.

Fundamentally, your FIL needs to understand that the government is pushing EVs, they are giving the subsidies and lower taxes etc to make them attractive, so it's not a fair fight.

Once EVs are bigger sellers, the tax and other benefits will be cut back, so if an ev suits his lifestyle, then make hay while the sun shines.

Edited by hyphen on Friday 13th September 17:49

Witchfinder

6,250 posts

253 months

Friday 13th September 2019
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hyphen said:
Iirc Tesla don't buy back cars unless you part ex? So imagine not many approved used cars about.
Based on tesla-info.com, there are some 50 CPO cars in the UK, and around 150 other used Teslas on Autotrader. When you have 25% of the used market, and are offering 2 or 4 year warranties on cars nobody else will touch, you're in a strong position to dictate the second hand market.

Looking at the graphs, Tesla seem to have added a grand to the asking price of every CPO car in the UK today.

EDIT: looks like they also bumped up the price of all Model 3 variants, and added a grand to the price of all in-stock Model S and X.

Edited by Witchfinder on Friday 13th September 20:04

hyphen

26,262 posts

91 months

Friday 13th September 2019
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What does CPO stand for?


And if it's a model 3, is that a C3PO?

Witchfinder

6,250 posts

253 months

Friday 13th September 2019
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hyphen said:
What does CPO stand for?
"Cherished Pre Owned" - Tesla speak for approved used.

RobDickinson

31,343 posts

255 months

Friday 13th September 2019
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jamoor said:
0% bik too.

and 1/4 of the fuel cost.

The 3 series doens't make sense in the UK market anymore. Even when they launch the 500hp M3 it will already be dated when put next to the M3P
I said exactly this in the new 3 series launch thread on here and upset a few people.

If BMW brought it out as electric and roughly matched teslas spec they'd kill it.

3 Series doesn't make sense anywhere anymore and outside of Germany is getting murdered

hyphen

26,262 posts

91 months

Saturday 14th September 2019
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DonkeyApple said:
Well observed Rob. The likes of GM can financially handle and mechanically handle a recall. I’m actually quite surprised that you’ve highlighted one of the major structural risks that Tesla is currently running. Good for you. Shows you’re not a complete loon and do appreciate some of the true core issues.
A George Washington University professor is comatose after his Model 3 crashed.

The families lawyers claims that the side airbags didn't go off, and Tesla isn't cooperating.

Tesla claim depending on nature of impact the airbags may not have needed to, investigation will be interesting.

Seems strange they didn't fire, as the pic of car indicates a massive impact.

https://www.businessinsider.com/tesla-model-3-airb...


Edited by hyphen on Saturday 14th September 07:14


Edited by hyphen on Saturday 14th September 07:16

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