Tesla Deep Dive
Financially, it's not a sound investment, at least with current situation.
1, only 1% is EV today
2, Tesla lose $4k for each model-S
3, Fiat lose $14k for each EV they sell
4, GM's Bolt comes out the similar time frame with the same price range
5, model-3 is priced less than 50% of that for model-S. In other words, 2.5 model-3 pulls in the same revenue as one model-S
6, if EV sells well, every auto manufacturer will join in, to share a piece of the pie
7, EM's bold statement of "2020 breakeven" does not have enough ground (sorry)
ONLY IF, Tesla's Nevada Gigafactory becomes the de facto battery supplier for all the future EVs sold by EVERY manufacturer; similar to HP's ink business :-)
Unfortunately, I am a personal fan of Elon Musk :-)
Financially, it's not a sound investment, at least with current situation.
1, only 1% is EV today
2, Tesla lose $4k for each model-S
3, Fiat lose $14k for each EV they sell
4, GM's Bolt comes out the similar time frame with the same price range
5, model-3 is priced less than 50% of that for model-S. In other words, 2.5 model-3 pulls in the same revenue as one model-S
6, if EV sells well, every auto manufacturer will join in, to share a piece of the pie
7, EM's bold statement of "2020 breakeven" does not have enough ground (sorry)
ONLY IF, Tesla's Nevada Gigafactory becomes the de facto battery supplier for all the future EVs sold by EVERY manufacturer; similar to HP's ink business :-)
Unfortunately, I am a personal fan of Elon Musk :-)
