He has no choice but to honor ACTUAL ORDERS. businesses don’t operate in fanboy mode. If they order a power pack for a building project and Tesla blows them off what do you think will happen?
So you go right ahead and show me a quote that’s been made since the orders were accepted.
Why should I find a cite for something that’s been in the news for months? You’re just going to ignore it because it will show you’re wrong.
Then it shouldn’t be hard for you to cite what you keep saying. I’ve cited everything I talked about.
From an article the same week that Tesla announced it had 38,000 pre-orders:
It’s hilarious that Tesla and SpaceX are late on orders by years, and you think they CAN’T be late on Powerwall!
why are you posting cites that support what I’ve said? Your cite was in May where he said: He called the 38,000 pre-orders “crazy off the hook” while acknowledging that his company’s production can’t keep up. By August they had 100,000 orders.
Really? a rocket program that will always be in a state of development versus a power storage device?
So now Magiver’s argument is Tesla won’t be successful because they’re being too successful?
I didn’t spend much effort finding a cite because I simply don’t believe you will ever admit you’re wrong.
Why don’t you find a cite that says the Powerwall, not cars, are Tesla’s priority?
When in the history of the Universe did I say they won’t be successful? .
I just spend pages explaining to you that they have orders for a current project. Most of these are commercial orders. On what planet do you live on that a corporation will hurt actual customers in order to make another product?
Not once have you produced anything current regarding the Model 3. The last cite you gave said he would back his current models and he was knee deep in power-wall orders. No mention of the Model 3.
You didn’t spend much time on something you claim is in the news because it isn’t. Tesla has a problem with production. I’ve cited Musk saying 38K units is a problem and then cited a 4 month old article stating they had orders for 100K units. That’s 3 times the problem for 2016.
Telsa has 100,000 orders for a product selling at about $3.5k. That’s $350 million in Powerwall revenue.
They also have 30,000 orders for a product that sells at more than $85k, the Model X. That’s $2.5 billion in revenue.
Someone has got to be out of their fucking mind to say that Powerwall production should push out car production. It’s ludicrous. I sure hope you don’t actually run a business.
ETA: I used to have a boss who always talked about “we’ve got a dime holding up a dollar.” I always thought he was criticizing incompetence. I now see he may have been criticizing how some people think a business ought to be run.
I’m not sure if you’re reading every 4th word or what’s going on at this point. I never said anything about these cars. The Model X and S production were not to my knowledge based on the the gigafactory. It didn’t exist. Their price structure is based on the original source of batteries.
The Power packs and Model 3 cost models were based on output from the factory. Specifically the cost savings as a result of the factory.
And finally, you have your math wrong. They have 100,000 orders of power walls AND power packs. 80% of the orders are power packs. It’s worth $1 billion dollars. This is what has taken off beyond their original sales projections.
The Model 3 won’t be unveiled until march of this year and they won’t produce battery cells at the gigafactory until the end of 2016. Per Elon Musk (Sept 2015) the Model 3 won’t go into production for 2 years. Quote" Tesla chief Elon Musk took to Twitter last night, as he is wont to do, to drop some key facts about the upcoming Model 3, Tesla’s take on an affordable EV. Production will start in two years, which jibes with what we already knew. Musk also teased fans, however, by promising to reveal the car in March of next year."
So, to summarize, they won’t have a Model 3 for 2015, or 2016. They won’t begin making batteries in the gigafactory until 2017. They already have enough orders for power packs for the entire year of 2016.
As it stands now Nissan and GM will be the companies to bring cars to market years ahead of Tesla’s Model 3 and therefore will be the companies that revolutionize American driving.
Oh really? They will do that with 20000 Bolts? You were making coherent arguments before but now you’re talking crayyy!
I only know one thing about Electric cars I cannot afford one and the great majority of ordinary workers are in the same position. The people that I know who drive electric use them as a second car (shopping etc.)and have off street parking and can recharge their cars overnight, the main problem is charging if you can find a charging point you then need several hours to recharge, where I live the whole estate of 2,000 houses is street parking only the only realistic way or recharging is by kerbside meter charge points, what happens when you cannot get on a meter or the vandals have been at work
Yes we need to clean up road transport, with the exception of local buses and deliveries I do not see electric as the whole answer
Electric cars at the moment are work in progress the real developments are coming with the improvement in batteries as power storage units, using solar panels during the day to run homes and store the surplice for use during the hours of darkness
I do not see electric cars becoming viable unti batteries can be light enough to become portable
As I have said I know nothing just a few thoughts echoed my many people
First off, you just altered a quote I made. I said: “As it stands now Nissan and GM will be the companies to bring cars to market years ahead of Tesla’s Model 3 and therefore will be the companies that revolutionize American driving.”
You changed that to: “… and GM will be the … companies that revolutionize American driving.”
This completely changed what I said.
I’ve pointed out repeatedly, using quotes from Tesla, that they are not going to be first to market with a low cost 200 mile EV. I’ve also pointed out that they have maxed out their new factory before it’s built which means their tradition of delaying car production is likely to occur again.
If you don’t understand that being first to market (by years) with a new class of car is a likely factor in how the public perceives such a car then by all means give it a shot.
The Bolt isn’t the same class as what the Model 3 is announced to be. Bolt is a subcompact, the 3 is supposedly an entry level luxury sedan and crossover. Do you think a Honda Fit competes with a BMW 3 series?
Again, I’d make a very strong wager that the Model 3 will be delayed, but it won’t be because of the Powerwall and it touted as being an upscale car, not the same market as the Bolt.
But I will bet you anything that when Tesla starts taking preorders in a couple months, the value of the preorders for cars will dwarf the value of the preorders for Powerwalls. It is a no brainer.
I’m truly not sure what this has to do with the thread but I’ll bite. How do you see the Tesla revolutionizing American driving with a car that won’t exist for years?
And on a similar note, Tesla has never made money on a car. Given the accelerated interest in commercial storage devices why would you think that market would be put on the back burner?
For your first question, read my first post in this thread.
For your second question, if the Gigafactory reduces battery prices by the projected amount, that allows the production of the Model 3 at the promised price and lowers the production cost of the S and the X by probably $3,000-5,000 immediately. Should production at Fremont ramp up with the Model 3, the production cost of the other two lines are likely to benefit. In short, I think Tesla is counting on the S and the X as becoming very profitable indeed.
Plus, the argument that Tesla loses $4,000 on each car sold might be a silly mistake by a reporter who can’t tell the difference between each sale meaning money out of a company’s pocket as compared to a company not being profitable. There’s a report that the S has a 25% profit margin for the company.
I trust the Motley Fool more than Reuters for analyzing a company’s financial state.
OK. do you trust Elon Musk?
[quote regarding changes in warranty for the Model S:]
(https://www.teslamotors.com/blog/infinite-mile-warranty) To investors in Tesla, I must acknowledge that this will have a moderately negative effect on Tesla earnings in the short term, as our warranty reserves will necessarily have to increase above current levels. This is amplified by the fact that we are doing so retroactively, not just for new customers. However, by doing the right thing for Tesla vehicle owners at this early stage of our company, I am confident that it will work out well in the long term.
That’s an interesting bit of dice rolling considering the warranty problems they’ve had with their drive units.
It’s nice that you like Tesla products and don’t care if they break or are late for delivery. Not everybody thinks along those lines. Particularly large corporations that operate in a world of on-time performance. Their power storage market is growing way beyond their projections. I talked about this before. Sales orders that go unfilled will transfer to competitors. They have $1 billion in power storage orders for 2016. The Model 3 won’t even go into production into next year.
Read my first post in this thread and you’ll see my opinion of what Elon promises.
Moving the Gigafactory to only Powerwall production would starve the car business of cheaper batteries. It’s a fucking stupid move that would cost the company hugely. Find one MBA who thinks your idea isn’t the worst thing they’ve ever heard of. It’s like telling McDonalds to sell only French fries because they have so many orders for them.
We’re all aware of your first post. Why do you keep repeating this? It was mind numbingly pointless then and does not improve with repetition. That you think Tesla’s announcements are more influential than an actual car has been noted.
Repeating things I didn’t say is getting old. The gigafactory didn’t serve the current production line of cars. It doesn’t affect them. It is however integral for high volume sales of an entry level car as well as their power storage market. The Model 3 doesn’t exist. The power wall storage products do. And they are working to fill a year’s worth of products before the year even started. If they don’t fill these orders then the fastest growing product in their foreseeable future, one that is easy to make, will go to their competitors.