Tesla Motors' Success Gives Electric Car Market a Charge

[DiamondDave]

So one success out of how many failures?

How much money has Obama wasted with this program? How much of that money has done nothing but line the pockets of his contributors?

Those are good questions.

Bankrupt Tesla CEO Buys $17 Million Mansion After Receiving $465 Million Taxpayer-Funded Bailout | Sad Hill News

bankrupt Tesla Motors needed only 90 days to burn through $35 million of their Obama-awarded $465 million taxpayer-funded bailout.

Obama to Tesla CEO, “Now buy yourself a mansion, after you donate $100,000 to my re-election campaign, just like bankrupt Solyndra.”

It must have been the internal CEO fighting and hemorrhaging bank account – from trying to sell a $92,000 electric car that costs $140,000 to ‘produce’ – that made Tesla Motors the perfect addition to Obama’s money laundering portfolio…

Bankrupt Tesla CEO Buys $17 Million Mansion After Receiving $465 Million Taxpayer-Funded Bailout

(Breitbart) Taxpayers footed the bill for a $465 million loan to troubled electric carmaker Tesla as part of President Barack Obama’s “green energy” stimulus. But Tesla’s CEO Elon Musk is now riding high with the purchase of his new $17 million mansion.

Damn, now we have really dumb people posting. Bankrupt Tesla, indeed, only worth 10 billion +. And Elon Musk is a billionaire in his own right. Also owns Solar City and Space X.

But keep right on posting nonsense and demonstrating what a dumb fuck you are.

http://www.valuewalk.com/2013/05/tesla-motors-inc-tsla-worth-71-per-share-trefis/

Tesla Motors Inc (NASDAQ:TSLA) shares are only worth $71 each, which gives the company a market capitalization of $8.2 billion, according to analysts at Trefis. Currently the stock is trading at around $91 per share, which values the company’s market cap at $10.5 billion. In a report released to investors over the weekend, analysts at Trefis explained their sum of the parts analysis of the company and why they believe it is currently overvalued.

 

[ClosedCaption]

So one success out of how many failures?

How much money has Obama wasted with this program? How much of that money has done nothing but line the pockets of his contributors?

Yes because something is only a good idea if EVERYONE succeeds at it /sarcasm

 

[ClosedCaption]

I just have one big question:

Considering the aging and rapidly deteriorating electric grid of California, what happens when "affordable" electric cars overwhelm the distribution capacity for electricity?

Teslas are so expensive now, that the amount is negligible.

1. Build new infrastructure.
2. The cars price will go down and the tech will move down to cheaper electric cars.

Great. Who is going to pay for the New Infrastructure?

Answer: the poor people who cannot afford Teslas and who drive old gas powered vehicles.

Catch 22 because you oppose raising taxes on the rich. See how that works.

Complain about both sides so you can always have something to complain about

 

[Wyatt earp]

OK, old rocks. Here's my challenge to you

lets say that a gas powered car can go 400 miles on 20 gallons of gas and gas costs $3/gal. OK? that means you can go 400 miles for $60 dollars. Ok so far?

Now, you tell me how many charges your electric will need to go 400 miles and, using current electric rates, how much you will spend to go 400 miles.

you don't even need to include the motel charges since you need a couple overnight charges to go that far.

It cant be answerd as of today, not until all states start taxing drivers per mile, to make up for the lost taxes on fuel sales.

Advocating more and more taxation.. go figure...

No I am not, Just being realistic. Where are they going to get the $ if people stop buying gasoline?

 

[ClosedCaption]

Ahh.. did not know of the government funding/bailout...

My respect for Tesla goes down...

If you cannot make it on your own, tough shit.. the government has ZERO business bailing out private industry

Then jump in the way back machine and don't forget to wipe your face

 

[KissMy]

Either Tesla went bankrupt or it didn't. It did. It did AFTER it got a 465 million dollar "bailout" just like all of obama's other donors.

IF Tesla has so much money and the owner is a billionaire, why did they get a bailout in the first place?

Ahh.. did not know of the government funding/bailout...

My respect for Tesla goes down...

If you cannot make it on your own, tough shit.. the government has ZERO business bailing out private industry

Tesla is the only company to pay back it's $465 million DOE loan.

Most of the fortune 500 got a bailout. "As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world," said Sanders. "This is a clear case of socialism for the rich and rugged, you're-on-your-own individualism for everyone else."

 

[whitehall]

The Nat-Geo article is nothing but propaganda. You can't find anything about the number of cars actually sold and the stock increase is nothing but the break even point. Who would consider paying 70k for a car that needs to take a 6 hour nap every 250 miles? The super rich that the left loves to hate might consider buying one to demonstrate their care for the environment but it's a risky investment.

 

[boedicca]

Tesla's are very trendy and in demand with very wealthy (and wealthy wannabe types) in Silicon Valley and Marin. If they want to spend their money this way, groovy. I'd be more impressed with Tesla if they hadn't taken a government bail out.

New technology often starts out serving the high end of the market with prices being incredibly expensive due to the allocation of overhead and capital investment across fewer units. (car phones in the 80s vs cell phones now). Will Tesla be able to move into the mass market price points and generate profits - that's the question.

I still remain concerned about CA's aging electrical grid. We're nowhere near ready to handle a large portion of vehicles being EV.

 

[DiamondDave]

It cant be answerd as of today, not until all states start taxing drivers per mile, to make up for the lost taxes on fuel sales.

Advocating more and more taxation.. go figure...

No I am not, Just being realistic. Where are they going to get the $ if people stop buying gasoline?

Taking it away from other areas that they should not be spending on

 

[jon_berzerk]

OK, old rocks. Here's my challenge to you

lets say that a gas powered car can go 400 miles on 20 gallons of gas and gas costs $3/gal. OK? that means you can go 400 miles for $60 dollars. Ok so far?

Now, you tell me how many charges your electric will need to go 400 miles and, using current electric rates, how much you will spend to go 400 miles.

you don't even need to include the motel charges since you need a couple overnight charges to go that far.

electric would be cheaper per mile

but you dont have the distance

between charges

and electric refills take some time

so if you have a lot of time on your hands

and the ability to find plug ins

yo would eventually get there


i would be all for an electric car

that can go 400 miles before recharging

whether it would be cheaper per mile depends on the cost of electricity. If we overload the grid with these things and continue to ban coal and oil fired generation plants, the cost of a KWH will go up.

so what would be gained? we might burn less oil ---- BFD.

Why not focus on finding ways to use oil more efficiently and cleaner? great progress has been made in cleaning up fossil fuel use in the last 50 years.

I do not understand the obsession with electrics, the power has to come from somewhere.

liberals seem to think it just magically appears at the socket.

definitely i am not against fossil fuels actually i favor it

as the most reliable to date

however i do like the idea of an electric car

when they become practical and affordable

with electro cars

you often hear about how cheap they are to run

which is true if you are charging them at home

it will be a different story when you are charging them while on the road

 

[jon_berzerk]

not very many americans are in the market for a 100K car. your market is very limited in that price range.

and why won't you answer my question about running the AC or heater? really screws up your calculations doesn't it?

great----a "luxury" car that you can't run the AC or heater-----great

Crap. You are such a lazy ass. Here are some figures;

Are there range estimates based on A/C usage | Forums | Tesla Motors

From the ammeter, it looks like my Roadster consumes roughly 6A running the A/C when it is stationary; at 400V that's 2.4kW.

If you're driving a Roadster at 55 mph, the car requires about 12.5kW. So with A/C that will now 14.9kW.

53kWh battery capacity with 12.5kW consumption gives 4.24 hours of travel. Since we're going at 55 mph for 4.24 hours, the distance traveled is 233 miles. That matches the published performance curve.

53kWh battery capacity with 14.9kW consumption gives 3.56 hours of travel at 55 mph, for a distance of 195 miles.

That indicates the Roadster's A/C might reduce the range by about 16% or 38 miles.

So on the 85kWH battery of the Tesla S that would be less than 50 miles of the 250+ range.

OK, thanks, thats good info. 16% loss for the AC

how about running the heater on a 20 degree day?

that isnt the only losses

you have to use energy to make the energy for the battery charge

plus the battery will only discharge so far which is another loss

 

[jon_berzerk]

Personally.. I would want a car where I can go more than just 250 miles a day or so in the summer or winter.. especially for 100+K

It is still a luxury market for the very few who can afford it.. it is little more than a status symbol and a false advertisement for the practicality of electric vehicles..

While I hope the company continues to advance the technology and stay alive while doing it... I do not prop it up as something it is not

there is no way around it

this car is not practical at all

 

[francoHFW]

Range bothers you? Buy a Volt. See the dupes of Big Oil/Greedy idiot rich, absolutely HATE alternative energy. Jackasses lol.

 

[jon_berzerk]

Those are good questions.

Bankrupt Tesla CEO Buys $17 Million Mansion After Receiving $465 Million Taxpayer-Funded Bailout | Sad Hill News

bankrupt Tesla Motors needed only 90 days to burn through $35 million of their Obama-awarded $465 million taxpayer-funded bailout.

Obama to Tesla CEO, “Now buy yourself a mansion, after you donate $100,000 to my re-election campaign, just like bankrupt Solyndra.”

It must have been the internal CEO fighting and hemorrhaging bank account – from trying to sell a $92,000 electric car that costs $140,000 to ‘produce’ – that made Tesla Motors the perfect addition to Obama’s money laundering portfolio…

Bankrupt Tesla CEO Buys $17 Million Mansion After Receiving $465 Million Taxpayer-Funded Bailout

(Breitbart) Taxpayers footed the bill for a $465 million loan to troubled electric carmaker Tesla as part of President Barack Obama’s “green energy” stimulus. But Tesla’s CEO Elon Musk is now riding high with the purchase of his new $17 million mansion.

Damn, now we have really dumb people posting. Bankrupt Tesla, indeed, only worth 10 billion +. And Elon Musk is a billionaire in his own right. Also owns Solar City and Space X.

But keep right on posting nonsense and demonstrating what a dumb fuck you are.

Either Tesla went bankrupt or it didn't. It did. It did AFTER it got a 465 million dollar "bailout" just like all of obama's other donors.

IF Tesla has so much money and the owner is a billionaire, why did they get a bailout in the first place?

it did go bankrupt

and such projects should remain in the private sector

when private money is used

less carelessness in the development occurs

 

[jon_berzerk]

Range bothers you? Buy a Volt. See the dupes of Big Oil/Greedy idiot rich, absolutely HATE alternative energy. Jackasses lol.

why bother

if i wanted another gas operated car

i would just buy one

 

[francoHFW]

Because for most people, they get the equivalent of 100 mpg? DUH. Too bad the dupes make selling these cars so difficult in brainwashed hater dupe areas lol.

 

[francoHFW]

Don't be surprised if Fisker comes back, or even Solyndra, if we can stop China from dumping...
"No compromise, un-American Tea Party GOP" (TIME). Love it or leave it, loudmouth a-holes....


LOL

 

[Remodeling Maidiac]

How can something the average American can't afford considered a success When they are the ones that funded it?

 

[Redfish]

Because for most people, they get the equivalent of 100 mpg? DUH. Too bad the dupes make selling these cars so difficult in brainwashed hater dupe areas lol.

they don't sell because the cost/benefit ratio sucks. It has nothing to do with being for or against alternative energy. Its about taking a realistic look at it and concluding that the govt is wasting our money.

when these things become financially viable, private capital will flood into them. Its not the government's role to "invest" our money in this stuff.

 

[Remodeling Maidiac]

I will consider it a success when I see them roll8ng down American streets rather than the pages of a magazine