12 Comments

1. 

   S E

   April 15, 2019 at 9:02 pm

   Einhorn is right, too much smoke and mirrors ?

   Reply
2. 

   lankale2009

   April 15, 2019 at 11:40 pm

   Is it weird? Or is it not profitable? Or is it not available. They will sell it to you, but how you have to call. Explain again where they are not providing the vehicle…. Dana when Tesla no longer provides you an opportunity to write stories. What will you write about?

   Reply
3. 

   Clinton Neal

   April 16, 2019 at 12:55 am

   I can’t speak for the US market, but here in the Australian market the Tesla is seen as a luxury car, $35K US is around $50K AUD and that’s just the Model 3 you now can’t get apparently, the other models are up to $100K AUD and even $150K AUD. Hyundai has beaten Tesla to market here with their new IONIQ line featuring a full EV, a plug in Hybrid and a standard Hybrid all of which may be more attractive to Australian buyers given the huge distances we have to drive between cities and interstate.

   There is also problems here with EV charging stations, apparently there are areas that are desperate for charging stations but the local power infrastructure can’t handle the amps without upgrading transformers and then you have the question of who should pay for that? The other problem in the Australian market is the Hyundai IONIQ full EV despite having lower battery range is still cheaper than what the Model 3 would be. So if you were looking for the cheapest EV here you wouldn’t actually buy the Model 3 which leaves the question who are they targeting for the Model 3 if its not the cheapest and if they’re not making enough profit out of it?

   Also the store issue is starting to bother me, first they say they’re closing stores which I agreed with because that was gobbling up billions of dollars in staff, leases, electricity ETC but now we have this contradictory statement that apparently they’re not doing that anymore now? If they’ve totally reversed that decision those costs are now back on the table again 100%.

   I suspect we’re going to see Elon looking to offload the Tesla brand, factories etc fairly soon if this kind of haphazard approach to business continues. There is still huge sales potential for Tesla, huge growth potentially into hybrid vehicles and they also don’t make any small vehicles yet, only sedans, SUV’s & trucks.

   The battery side of Tesla is also being undercut by competitors from LG to homebrew lead acid battery companies.

   It seems to me Elon would have his hands full running Tesla full time, but he’s also handling Space X and Boring Company both of which have their own difficulties- Boring Company in particular I’ve been hearing government officials were not impressed with the recent tunnel demonstration saying things along the lines of it didn’t live up to their expectations or what they were told.

   Reply
   • 

     jean montaigne

     April 16, 2019 at 4:54 am

     China gigafactory…

     Reply
   • 

     Nerval1855

     April 16, 2019 at 3:43 pm

     The only people in the US who don’t think it’s a luxury vehicle are people who think the average worker regularly decides between brand new BMV 400 series sedan and the Audi equivalents. Moreover, it’s a bit of a novelty for most people. Sadly, I live a few miles up the street from Tesla HQ in the Silicon Valley bubble, and such common sense cannot be heard above the defiant shouts of Musk fanboys.

     Reply
   • 

     jean montaigne

     April 16, 2019 at 3:59 pm

     Bubble. Lol. Almost all the tech you enjoy on a daily basis, including this platform, was created in that bubble

     Reply
4. 

   Ziggi Mon

   April 16, 2019 at 1:06 am

   Musk is an expert in selling bullshit. He looks quite perplexed now, nothing seems to sell.

   Reply
5. 

   Chris Sadd

   April 16, 2019 at 1:12 am

   Majority are not buying the cheapest.

   Reply
   • 

     Mark Plott

     April 18, 2019 at 1:14 am

     YES, the Base + is the better buy.

     Reply
6. 

   Sumanth Suresh

   April 16, 2019 at 1:47 am

   As expected, they are clueless about the potential. Einhorn is about to lose even more money betting against Tesla.

   Reply
7. 

   Mahesvara [][][][]

   April 16, 2019 at 12:26 pm

   Thumbs down for stupid article and title………………….. change the title to How TESLA MADE A BETTER DEAL for a $35K TESLA MODEL 3 I will give you a Thumbs UP………………..

   Reply
8. 

   Mark Plott

   April 18, 2019 at 1:14 am

   Bloomberg Technology – there WE go Again, Bloomberg outright LIES, fact is you can Order a $35K model 3 from your TESLA APP or you can call a Service Center/Showroom and take Dealer stock on hand.

   Reply