Half price electric cars

[gotbeans]

Musk's only financial issue is his disastrous Twitter acquisition, but that damage has already been done. Even with TSLA down 60% from its highs he still has well over $100 billion worth of shares. And SpaceX has no problem raising money from 3rd parties.

yea that's what I was thinking.. also starlink is pretty bad as far as making profit goes
but you really don't need "insider engineer information" to know his very public financial """problems""" lol

tesla was way over valued so not surprising it doesn't sit way up that high

People worried about distance travel should consider a plug-in hybrid (PHEV). Toyota RAV4 Prime (sub $30k) and Prius Prime ($40k-ish) have 40 mile EV range, enough for typical commute and errands. Plug in each night and drive the next day on the same cheap electrons as a Tesla. If you go on a long trip the gas engine fires up and gets 40 (RAV4) or 50 (Prius) mpg. That's cheaper than Supercharging in most of the country, not to mention faster and more convenient. Best of both worlds. Unfortunately Toyota builds few Primes and they're in demand, so good luck finding one at MSRP.

do they really? last hybrid I was in started / stopped every 5-10 mins or something
are those ones made different now?

 

[Tulex]

yea that's what I was thinking.. also starlink is pretty bad as far as making profit goes
but you really don't need "insider engineer information" to know his very public financial """problems""" lol

tesla was way over valued so not surprising it doesn't sit way up that high

Not all business acquisitions are about making money on the face of it. Some of it is about control, or taking control away from others.

 

[gotbeans]

Not all business acquisitions are about making money on the face of it. Some of it is about control, or taking control away from others.

Yea that's why he tried so hard to back out
musk definitely lost control and got owned, you right

 

[Brucey]

That's majority everywhere in the world

USA WHEN


oh really? I see all these people cry about needing multi thousand dollar plugs etc
that's good stuff then. I drive so infrequently I'll charge mine on 1 amp for a week

BYD recently announced no immediate intention of entering US market, presumably they want to see what the domestic competition ends up doing to itself as they engage in a race to the bottom price wise.

 

[gotbeans]

BYD recently announced no immediate intention of entering US market, presumably they want to see what the domestic competition ends up doing to itself as they engage in a race to the bottom price wise.

Yea not surprising. They'll just keep selling batteries to USA and not worry about the vehicles
I'll never get my cardboard box electric car =[

 

[Tulex]

Yea that's why he tried so hard to back out
musk definitely lost control and got owned, you right

Totally disagree. Musk is a sharp person, he does all this stuff intentionally, even the twitter stuff. And who now controls one of the largest information sources? He does. There are political ramifications that affect him financially. Having let twitter go the course it was on would have been more costly.

 

[wattmatters]

Personally I wouldn't buy a Fisker even at half price because for me part of the purchase consideration is the viability of the company and longer term ongoing support.

I couldn't cough up the cash for a new Tesla but when MG brought out the MG4, I went for it. MG have a strong dealer presence across Australia and sell well. And the price is terrific (for an EV).

That said the second hand Tesla market is doing quite well here.

The MG4 goes like a rocket and I have it all set up to charge automatically from my home solar PV.

Except on weekends, when if home (often) I charge from the grid between noon and 2PM when the electricity company gives me free power. In that time (4 hours total) I can add close to 160km (100 miles) of range for zero cost. My system looks after it automatically.

The rest of the time 100 miles of charging costs me ~US$1.20 in foregone grid export credit. With regular ICE car the fuel would cost more than 10 times that, about US$15.

The energy costs for DC fast charging here is a little under the regular ICE fuel cost, and about on par with my old VW diesel Golf which is pretty fuel efficient. But because I start out on a journey with a full tank of cheap home energy the EV is cheaper for even a highway journey.

Maintenance is another thing. I got rid of my Merc. With only 40,000 km on the clock it was already up for A$5k in service and maintenance costs in the year ahead. Screw that. The MG is serviced once every two years. First one is A$296 (US$195) and frankly that's over priced.

 

[gotbeans]

Totally disagree. Musk is a sharp person, he does all this stuff intentionally, even the twitter stuff. And who now controls one of the largest information sources? He does. There are political ramifications that affect him financially. Having let twitter go the course it was on would have been more costly.

sure bud

Personally I wouldn't buy a Fisker even at half price because for me part of the purchase consideration is the viability of the company and longer term ongoing support.

same.. 1/4th price though...
you hear me mr fisker?

The MG4 goes like a rocket and I have it all set up to charge automatically from my home solar PV.

I need one that goes 0-60 in 60 seconds and I gotta wear goggles or else the wind makes my eyes water

 

[wattmatters]

same.. 1/4th price though...
you hear me mr fisker?

lol

not sold here even at full price.

 

[wattmatters]

I love how EV discussions often devolve into those who've never owned an EV telling people who do what it's like.

 

[teal95]

Hardly, you will be able to buy a gas car for a long time, especially if you want a Japanese or one from the big three because they are not moving fast to develop EVs. If you want to worry about something then the thing to worry about is if people on their own decide to adopt EVs faster, and the manufacturers who cannot adjust then go bankrupt and you can't get parts for your old gas car. That is only a hypothetical, but something to think about.

Stellantis (Chrysler) just fired roughly 15% of their engine calibrators in the US. They only stopped there because if they fired more there are significantly more strings due to the WARN act. EV is all management cares about.

 

[Tulex]

I love how EV discussions often devolve into those who've never owned an EV telling people who do what it's like.

I don't have to get kicked in the nads to know it's not for me.

 

[gotbeans]

I love how EV discussions often devolve into those who've never owned an EV telling people who do what it's like.

I see that in a lot of genres of topics
You can work with something for decades, but that dude that watched the youtube video knows more

I don't have to get kicked in the nads to know it's not for me.

Most people like you wouldn't know the difference between A and B unless told it is A or B
That goes for all appliances, tools, computer software, computers, operating systems, handhelds, solar equipment, etc

 

[Checkthisout]

What's the #1 selling car is the world?

Tesla Model Y

In 2023 it overtook the Toyota Corolla's long held crown.

EVs, like many products, start with the higher end offerings, then make their way down to the more affordable options. One of the issues with the USA is the lack of Chinese Ev options there. BYD, SAIC and others are making millions of very affordable EVs which are scaring the pants off the traditional makers.

I have an MG4, it's fantastic.

What about a Model 3 makes it a high-end offering?

What doesn't make sense is the EV is a lot more simple to build and should be cheaper than it's ICE counterpart.

It also doesn't make sense to me that people would think that traditional car makers can't just retool and make a car with a motor batteries.

They are already doing that and losing their ass in the process.

 

[Brucey]

Yea that's why he tried so hard to back out
musk definitely lost control and got owned, you right

He spent $44 billion and got rid of a Libby safe space. Seems worth it to me and obviously literally means peanuts to him.

 

[Tulex]

I see that in a lot of genres of topics
You can work with something for decades, but that dude that watched the youtube video knows more


Most people like you wouldn't know the difference between A and B unless told it is A or B
That goes for all appliances, tools, computer software, computers, operating systems, handhelds, solar equipment, etc

I find that very interesting. I research most everything I get involved in to have a basic understanding of what is and isn't right for me. I don't have to own or have owned an EV to know if it's the right type of vehicle for me. I don't have to experience the negative aspect of an EV to understand those negative aspects.

 

[gotbeans]

He spent $44 billion and got rid of a Libby safe space. Seems worth it to me and obviously literally means peanuts to him.

That isn't peanuts to him, and it didn't change much at all. Other than just banning anyone that talks bad about him or tesla the site is pretty much the same as it was (minus the large loss of people to bluesky, threads, and truth social)

 

[Brucey]

Musk's only financial issue is his disastrous Twitter acquisition, but that damage has already been done. Even with TSLA down 60% from its highs he still has well over $100 billion worth of shares. And SpaceX has no problem raising money from 3rd parties.


EV sales rise every year. Tesla Model Y was the best selling vehicle in the world last year. Not the best selling EV -- it beat Toyota Corolla out for the #1 overall spot.

------------------------------------------------
People worried about distance travel should consider a plug-in hybrid (PHEV). Toyota RAV4 Prime (sub $30k) and Prius Prime ($40k-ish) have 40 mile EV range, enough for typical commute and errands. Plug in each night and drive the next day on the same cheap electrons as a Tesla. If you go on a long trip the gas engine fires up and gets 40 (RAV4) or 50 (Prius) mpg. That's cheaper than Supercharging in most of the country, not to mention faster and more convenient. Best of both worlds. Unfortunately Toyota builds few Primes and they're in demand, so good luck finding one at MSRP.

The upcoming Ramcharger pickup will have 100++ mile electric range plus a V6 for distance towing. Ram will probably load it up with all kinds of frou-frou options and charge $90k for it.

Yes Toyota is pushing hard into hybrids versus a pure EV push and it's just matching what the market is demanding. EV still doesn't cut it for many use cases so having a decent size hybrid that lets you charge at home for local commutes for very cheap but still has the gas engine available for longer trips.

Ford already harvested the early adopters with the f150 lightning and crazy premium pricing and dealer markups, now they can't even move them off the lots with huge dealer discounts and dropping production shifts. Apparently now targeting a smaller $25k price point vehicle for mass market adoption versus these much more expensive models.

 

[gotbeans]

Good, hope to see that sweet 25k truck

 

[Brucey]

That isn't peanuts to him, and it didn't change much at all. Other than just banning anyone that talks bad about him or tesla the site is pretty much the same as it was (minus the large loss of people to bluesky, threads, and truth social)

If you can't see how Twitter has changed from basically being a mouthpiece and fully tame pet of the Democrat party prior to Elon buying it I don't know what to tell you.