Tesla is fine but not adequate for my needs.
Tesla Model 3 Revealed
- Thread starter a1rimrocka
- Start date
Bruh, you not saving no gas by driving a M5 over 200 miles per day vs the Tesla S. Now you may prefer to drive that car but it sure as hell isn't saving you no gas money.
I didn't understand that either
Prices on a used S are dropping but not low enough for me to pull the trigger yet.
They don't discount the new cars but the used cars will be dropping in value like rocks soon, when they realize that the market is very limited and people won't be as excited about it with no tax rebates. So, please be patient.
If you read what you quoted , I didn't emphasize anything about saving. I said I could buy and m5 gas guzzler and still not spend as much as I'd spend on the top model tesla and of course have the car that I want.
But the Model 3 is about saving. Its fast when need be, way cheaper than the model S and is eco friendly. Now i get your point, you want to drive what you want, gas be damned but if you look at the out years savings this car is still a bargain and Tesla thinks forward so the upgrades will be built in via software upgrades. It's a realistic and desirable gamble in a very reputable company. I'd still get the Model S over the BMW M5 because of the maintenance and gas
Shouldn't we be comparing the model 3 to a loaded corolla, in which case you're not saving anything in the model 3.
When was/is it supposed to be ready?
First one went into production yesterday
Deliveries start next week?
No. Build #1 began. Deliveries won't start until 4th quarter 2017
I read 30 cars were being delivered next week.
Damn time flies its actually here.
Yes, to employees. I was talking about actual consumer deliveries
This car is going to change the game! Nice!
NO GAS, hell to the yes!!!!!
NO GAS, hell to the yes!!!!!
Everything you need to know about Tesla Model 3, which is starting production today
We’re gonna rock down to Electric Avenue, and the stakes couldn’t be any higher
Today’s the day for Tesla. The automaker says it expects to complete production of “SN1” (or “Serial Number one”) of the Model 3, its first electric car for the masses. But the Model 3 isn’t just any car. Everything for the success of Tesla as a viable car company has been building up to this point. The Model 3 will define the future of the company — and the stakes for Tesla and CEO Elon Musk couldn’t possibly be higher.
Earlier this week, Musk tweeted that Friday was the day the first Model 3 would be rolling off the assembly line. In subsequent tweets, he added that the first 30 Model 3 customers will receive their new Teslas on July 28th at a handover party hosted by the automaker.
“I think I can say, without irony of mawkishness, that this is the most important electric car ever produced,” said Michael Ramsey, research director at Gartner. “That’s because if it meets expectations of hundreds of thousands of sales, it changes the global landscape for electric cars. And if it fails, it relegates the move toward electrification to the trudging march that it has been so far.”
Skepticism about Tesla’s ability to meet the enormous demands of mass production is extremely high. Practically no one believes Musk will be able to meet the benchmarks he has set for the Model 3. Tesla’s share price has been savaged over the last week, losing nearly 20 percent of its value, while Wall Street analysts predict that demand for Tesla’s two other current vehicles, the Model S and Model X, has already peaked. Other experts say that Musk will need to reduce costs by as much as 60 percent if it wants the Model 3 to be profitable.
And then there’s the fact that most auto startups throughout the 20th century eventually failed and fell into obscurity. Tesla, a 15-year-old company, could be poised to challenge those odds. The manufacturing and quality challenges of starting a brand-new automotive company are titanic.
“The Model 3 is critical for Tesla's long-term viability,” said Karl Brauer, executive publisher at Kelley Blue Book. “The company had been around for almost 15 years yet has never turned a profit. The Model 3 will be Tesla's first attempt at a high-volume car meant for mainstream consumers. If Tesla can satisfy the Model 3's pent-up demand with a dependable and profitable vehicle it will finally justify a stock value that has it rivaling GM in capital value. If it can't, Tesla will confirm many critic's suspicions that it's never had a truly sustainable business model.”
Tesla’s sky-high valuation — it recently surpassed BMW’s market cap — depends largely on Musk’s ability to sell his vision of sustainable, battery-powered driving to a much broader population. The Model S and Model X are both extremely expensive. Even with tax incentives, both cars easily push $100,000. The Model 3 will start at $35,000, making it the cheapest in Tesla’s range. In order for Tesla to sell 10 times as many cars as it does now, it needs a much cheaper automobile.
But the marketplace for affordable electric vehicles is suddenly much more crowded than it was when the Model 3 was first announced in 2016. GM was able to grab first-mover status when it released the Chevy Bolt, a $36,620, 238-mile-per-charge, electric vehicle, last December. Other midlevel electric vehicles include the Volkswagen e-Golf ($36,415), Ford Focus Electric ($29,995), and Nissan Leaf ($37,675).
These companies have the infrastructure in place to maintain quality and dealer service networks, however. There are signs that Tesla is rethinking its approach to selling and maintaining cars. (Most car dealers now act as the service arm for new buyers.)
Tesla can’t survive on its buzz-worthiness alone, but it’s certainly helped buoy its stock price. The number of people who plunked down the $1,000 deposit to preorder the Model 3 after it was first announced last year blew away pretty much everyone’s expectations. It took less than a week for the company to receive 350,000 preorders, leading Tesla to claim the Model 3 had the “biggest one-week launch of any product ever.” Eat your heart out, Apple.
But Tesla still has a long way to go before it can stick the landing. Musk says production is expected to grow exponentially: 100 cars in August, more than 1,500 by September, and then 20,000 per month by December. If the company fails to hit these marks or runs into manufacturing issues that happen at higher scales, or demand for the Model 3 drops, analysts argue it would be a setback not just for Tesla, but perhaps the entire electrification movement.
In 2016, Bloomberg’s new energy think tank predicted that electric and plug-in hybrid vehicles would make up about 35 percent of the world's auto market by the year 2040. This year, the group upped that figure considerably: by 2040, analysts now say that 54 percent of all cars sold on the planet will be electric. France’s environmental minister said yesterday his country would ban the sale of all fossil fuel-burning vehicles by 2040. And Volvo said it would stop selling gas-only cars by 2019.
The world is trending toward battery-powered, electric vehicles, thanks in no small part to Musk’s vision and ingenuity. Tesla has helped spur the biggest automakers to accelerate their electrification plans. “The Chevy Bolt might not exist now were it not for Tesla,” said Sam Abuelsamid, an analyst at Navigant. “VW Group is running as fast as it can to move from diesel to electric.”
But the timing of the Model 3’s release could spell doom for Tesla, which still sells a fraction of the automobiles produced by the world’s biggest OEMs. Auto sales are stagnant in the US, while most consumers are trending toward SUVs and crossover vehicles rather than sedans. Tesla faces the problem of introducing a compact sedan when the market is running headlong away from this form factor to sport utilities. “Their timing couldn’t have been worse,” Abuelsamid said.
Visualizing Tesla's Model 3 Ramp, Based on Elon Musk's Most Recent Estimates
Can the ambitious electric-car maker execute on exponentially ramping production?
It's crunch time for Tesla.
The first 30 Model 3 customers, which are expected to be Tesla employees, should receive their vehicles this month. Tesla is at a critical juncture where its ability to execute on ramping Model 3 production is by far its most important operational challenge, and it won't be an easy task. Fortunately for investors, CEO Elon Musk provided some additional estimates last weekend. With those data points in hand, we can visualize a possible ramp.
The estimated Model 3 ramp, visualized
Prior to Musk's recent tweets, the extent of Tesla's guidance was provided in the first-quarter shareholder letter: "Simultaneously, preparations at our production facilities are on track to support the ramp of Model 3 production to 5,000 vehicles per week at some point in 2017, and to 10,000 vehicles per week at some point in 2018."
Now we know that "some point in 2017" is expected to be around the end of November or beginning of December, which would translate into the 20,000 units that Musk predicts for the final month of the year. Musk frequently talks about S-curves and exponential growth rates, so I've added an exponential trend line (the dotted line) for illustrative purposes; it also helps me gauge my estimates in connecting the dots for the two missing months.
If these estimates prove anywhere near accurate, then Tesla could produce and subsequently deliver nearly 34,000 Model 3 vehicles this year. That's not a terrible start -- Tesla delivered roughly 22,400 vehicles throughout all of 2013, and is now planning on building 20,000 Model 3 sedans in a single month -- but it's far short of the company's previous guidance. It's also but a small chunk of Tesla's backlog, which is likely still around 400,000, judging by trends in customer deposits on the balance sheet.
In May 2016, Tesla said it hoped to deliver 100,000 to 200,000 Model 3 vehicles in the second half of 2017. At the same time, it also accelerated its timeline for when it hoped to build 500,000 vehicles, from an original target date of 2020 to 2018. By 2020, Tesla wanted to build 1 million vehicles. Musk reiterated both of those 2018 and 2020 targets as recently as February of this year.
In order to hit 500,000 units next year, Tesla will need to hit the production rate of 10,000 units per week pretty early on in 2018. It's definitely crunch time.
I'm getting this shit if I come back to the states or if they start selling them in Germany
You can get a two or three gas cars similar to this for one Model 3, gas prices are low.
There is higher crash safety but they need to rework autopilot with better tech and creating more supercharger sites with solar.
This is probably the future but they are getting close to ICE
There is higher crash safety but they need to rework autopilot with better tech and creating more supercharger sites with solar.
This is probably the future but they are getting close to ICE
I do.
that instrument panel-LESS tablet panel is pretty ugly, so is the dash. Seems lazy to just drop in a tablet with out molding it into place somehow. I hated it when BMW started doing that wack shit.
I might cop one, just for the no gas commute shit, but it sure looks uncomfortable up in that bitch
Similar threads
