Tesla Electric Vehicle
If you sell one share of your Tesla stock, you could buy thirty shares of Ford stock. The only vehicle that Tesla sells are electric vehicles; a segment that makes up less than two percent of the entire Nation’s sales. Ford’s market share is 15.6%. General Motor’s market share is 16.6%. Statista reports that Tesla is .3% of the National market as of June 2017. (I had to look it up because it’s listed in the “other” file along with Porsche and Land Rover, Mitsubishi, and Volvo.
And yet, Tesla is tilting the Earth’s Axis with the introduction of the Tesla Model 3. Most compare the Chevy Bolt electric car $37,495 ($36,620 MSRP + $875 destination fee) with the Tesla Model 3 $36,200 ($35,000 MSRP + $1,200 destination fee with standard battery) or $45,200 ($44,000 MSRP + $1,200 destination fee for long-range battery) before incentives. This comparison couldn’t have come at a better time. It is fantastic free advertising for General Motors who shut down the Orion Township factory responsible for making the Bolt and Chevrolet Sonic because both vehicles were being overproduced.
How has Tesla beaten Ford and General Motors (GM) in market value?
There are certain companies, and people that come along that make people stop and listen. Steve Jobs with Apple was one company, Tesla is Apple, and Elon Musk is Steve Jobs. For some inexplicable reason, when Musk has what some would describe as a hair-brained scheme, others say get out of the way and let him do his job. Oh, and here’s some money, Elon, to create those ideas.
Tesla is one of the companies that Musk owns; Space X is another. Naysayers will find what they perceive as a crack in the wall; a slight dip in stock price, a delay in production. Musk sidesteps that perception and pulls out a contract with NASA and Space X, or brings out the Model 3 and gets 350,000 people to put $1,000 down on a car that they won’t see for another year.
Simplicity and Complexity
People scratch their heads; companies spend millions of dollars trying to figure out what Tesla has that they don’t. It is very simple. It is the ability to be in the moment with a simple solution to a multitude of problems that can be solved in a description that takes thirty seconds or less. It is that simple and that complex.
Tesla is not perfect, neither is Chevy
The Tesla product is not perfect. The Chevy Bolt is not perfect. You have a newbie of a company that is the trendsetter for electric vehicles, and a hundred-year-old company that is the competitor. Almost 80,000 electric vehicles were sold in the United States in 2016; nearly half were Teslas. If Tesla sells even half of the 350,000 deposits, they will have doubled their sales from last year, showing there is a magnitude of growth for electric vehicles, something Tesla stock owners are betting on with their money.
If there is a magnitude of growth of electric vehicles that would be good for all-electric vehicles because the more electric cars that are on the road, the more familiar people become with them. The more electric vehicles on the road the more people understand the electric vehicle is here to stay and the infrastructure can get funding and grow quicker.
The Environment and car sales
Sales for new cars are decreasing at the same time that the Obama administration’s rules, negotiated with automakers in 2011 have to be renegotiated. The 2011 deal, the doubling of the average fleet-wide fuel efficiency to 54.5 miles per gallon by 2025 must be finalized by April 2018.
At the same time, Europe and Volvo are setting lofty electrified goals. California and China are tightening legislation and short of seceding from the Nation California will do everything possible to legislate SB32 which mandates 1.5 million zero-emission vehicles (ZEV) on California roads by 2025, and making all new passenger cars sold in California zero-emission by 2050.
Listen to the John Batchelor Radio podcast above for the rest of the story
Tesla Model 3 Specs and Review and Release date
Tesla Model 3 Safety
Automatic emergency braking and collision avoidance
Electronic stability and traction control
Tesla Model 3 Convenience
15″ touchscreen with onboard maps & navigation
Wi-Fi and LTE internet connectivity
Keyless entry and remote climate control with an app
60/40 split-folding rear seats
Tesla Model 3 Standard Interior
15” touchscreen display
The dual-zone climate control system
FM/Internet streaming radio
Center console with open storage and two USB ports
Tesla Model 3 Premium Upgrades
Premium heated seating and cabin materials throughout, including open-pore wood décor and two rear USBs
12-way, power-adjustable front seats, steering column, and side mirrors, with custom driver profiles
Premium audio system with more power, tweeters, surround speakers, and subwoofer
Tinted glass roof with ultraviolet and infrared protection
Auto-dimming, power-folding, heated side mirrors
LED fog lamps
Center console with covered storage and docking for two smartphones
Tesla Model 3 Warranty
4 year, 50,000-mile limited vehicle warranty
8 year, 100,000-mile battery warranty (Standard)
8 year, 120,000-mile battery warranty (Long Range)
Tesla Model 3 Release Date
12 – 18 months
As we ramp up production, deliveries for Model 3 reservations placed today are not expected to be delivered until mid-2018.
Tesla Model 3 Performance
5.1 – 5.6 sec 0-60 mph
Tesla Model 3 Range
220 – 310 Miles Range
Tesla Model 3 Supercharging
Pay Per Use Supercharging
Tesla Model 3 Passenger Seating for
Tesla Model 3 Cargo
15 cu ft
Front & Rear Trunk Cargo Volume with Manual Trunk
Tesla Model 3 Displays
1 Digital Display
15″ Center Touchscreen