Seeking Alpha

Early look at the Model X

  • Any way you slice it Tesla Motors (TSLA +1.6%) needs to sell a decent number of Model X SUVs to meet what the market is factoring in for the automaker's future revenue, but the company appears to be off to a good start.
  • The automaker unveiled a prototype of the Model X - including the crossover's DeLorean-style falcon doors - last weekend at a highly-attended event in San Jose. (Model X slideshow)
  • Tesla says it has received 6K orders already for the SUV which is expected to be priced between $70K and $90K.
Comments (62)
  • capitalismrocks
    , contributor
    Comments (6) | Send Message
     
    Yes. And I am happily Number 185. My Tesla Roadster has been a blast, but I am really looking forward to the Model X release.
    14 Oct 2013, 01:25 PM Reply Like
  • deep1234
    , contributor
    Comment (1) | Send Message
     
    Yes
    14 Oct 2013, 02:47 PM Reply Like
  • chfp
    , contributor
    Comments (531) | Send Message
     
    you basterd *shaking fist in air*

     

    mind ordering one for me? :D
    14 Oct 2013, 03:27 PM Reply Like
  • Anton Wahlman
    , contributor
    Comments (744) | Send Message
     
    Uh, this car was unveiled in February 2012. It is the same car, albeit repainted from nondescript-brown to white in time for this January 2013 Detroit auto show, when it was shown again. It looks to be a superb car alright, but there is nothing new here that wasn't already announced in February 2012. The company a few months ago admitted that the car had been delayed one year -- from December 2013 to December 2014. Let's see if it remains that way.
    14 Oct 2013, 01:26 PM Reply Like
  • Value Horizon
    , contributor
    Comments (699) | Send Message
     
    Indeed, as Anton wrote, car was unveiled close to two years ago.

     

    Elon Musk has alluded to work they are doing to improve the X, so, yes, we may see a new look for the X in upcoming months. However, this weekend's showing simply was not anything new.
    14 Oct 2013, 03:57 PM Reply Like
  • Miro Kefurt
    , contributor
    Comments (645) | Send Message
     
    @Anton Wahlman

     

    Repainting cars to claim they are "different" worked for Shelby, but VECTOR was caught at it and lost all credibility as a result, let's see of more people like you and me notice the stubble "difference".
    15 Oct 2013, 01:32 AM Reply Like
  • Rik1381
    , contributor
    Comments (1420) | Send Message
     
    Miro, they didn't claim it was a "different" car. They are taking the prototype Model X around to show it to people. I saw it in videos before. On Saturday I saw it for real. Good grief do you have to spin everything into an imaginary negative?
    15 Oct 2013, 02:04 AM Reply Like
  • Miro Kefurt
    , contributor
    Comments (645) | Send Message
     
    @Riki1381
    How is this for imaginary negative:
    Tesla is the ONLY company in USA that markets cars in USA that does not yet have 2014 CoC or EO for their 2014 MY vehicles, the ONLY ONE - even every golf cart manufacturer already has finished theri certification process.

     

    As for "truth" if you do not have EO you can not sell the vehicle, so the "we have no demand for it" for 40kWh car was for 3 months of 2013 TOTAL "imagination" on the side of Tesla as they have not received the EO or CoC for that vehicle in 2012, indeed the 2013 EO was issued December 21, 2012 for 2013MY. (85 & 60)

     

    Yet they still advertised the 40 kWh model, and thus were forced to get the EO for it in April 2013 or pay substantial fines ($5,000) just for advertising it.

     

    If they do not get their act together they will have to shut down all production on January 2, 2014.

     

    In 26 years of certification I have never seen any other company to just barely make it before CARB shuts down for end of the year.

     

    Normally you have to start the certification process 12 to 18 months of advance of production to have all the documentation in time.

     

    Since the 1960's the normal start on next year production is between September 1 and September 15 - by now ALL but TESLA are making 2014 MY vehicles.

     

    So while every other OEM already makes 2014 MY vehicles, TESLA will still be cranking out 2013 MY till X-mas....

     

    The deadline for the old style of document filing has just passed and not a single person from TESLA was at the CARB meeting months ago that explained how to do the new E-cert, which is now mandatory.

     

    So to me as far as I am concerned they just do not have their act together in California with the E-cert system.

     

    And until they do ???

     

    Will there be 2014 MY TESLA ?????
    15 Oct 2013, 03:01 AM Reply Like
  • Rik1381
    , contributor
    Comments (1420) | Send Message
     
    Miro, Nissan Leaf doesn't have a 2014 CoC yet either. Oh noes, there won't be any EVs next year!

     

    For the 2013 model year, the Model S and Leaf both got their CoCs issued on the same day, 11/28/2012. As long as we still have a government (not yet clear) I'm not losing sleep over the 2014 CoCs for the Model S and Leaf.
    15 Oct 2013, 03:30 AM Reply Like
  • marshgre
    , contributor
    Comments (478) | Send Message
     
    I believe the white prototype has many changes/modifications over the original brown car.
    15 Oct 2013, 05:24 PM Reply Like
  • Kiwi_Guy
    , contributor
    Comments (118) | Send Message
     
    @Miro

     

    Full marks for using your full name and affiliations on SA. Zero marks for your 100% negative Tesla comments, when seen in the light of the companies you own/manage:

     

    http://www.mirox.us - "MIROX Corporation conducts automotive market research and develops marketing strategies for automotive OEM's". It must grate with you that Tesla has allowed Consumer Reports, Motor Trend magazine, NHTSA and the market to do their evaluation.

     

    http://www.synlube.com Synthetic Lube products - not exactly a great future in an EV world

     

    http://www.okaauto.com OKA Minicars (Neighbourhood Electric Vehicles) - enough said

     

    I can see why you would devote considerable time on SA trying to blunt the forward march of Tesla in any way you can.
    15 Oct 2013, 07:22 PM Reply Like
  • Miro Kefurt
    , contributor
    Comments (645) | Send Message
     
    @Rik1381

     

    You are absolutely correct about the LEAF EO/CoC, but unlike TESLA the NISSAN people attend all relevant certification meeting, and just this week got 5 other certifications signed for ICE, so someone is actively both working and doing and knowing how to do stuff.

     

    Personally I think since there has been such LEAF versus expected sales overproduction that they just may skip MY, they have enough Leafs to last 173 days according to AN.

     

    Not such case with TESLA if they have "waiting" list hand have to stop production due to lack of documents, it is either fines (they got those twice already for selling Roadsters without CoC - see IPO disclosures.

     

    Many OEMs frequently skip model year GM did that more than few times with Corvette and Mazda with the RX and Miata models.

     

    Since the production of Leaf is supposedly moving form Japan to USA, I am not to worried that Dealers will run out of Leafs between December and January.

     

    On January 2, 2014 they can file documents for 2015 MY and have them in 3 months or less.

     

    May be TESLA has the same strategy, but that would mean there would me no deliveries for at least 30 to 120 days - risk I would not dare to take if I had a waiting list.
    15 Oct 2013, 09:10 PM Reply Like
  • Miro Kefurt
    , contributor
    Comments (645) | Send Message
     
    @Kiwi_Guy

     

    About 4 months ago I was seriously interested in leasing Model S, then found there is no such thing as "lease".

     

    And the more I looked the more I found, no need to point out the positives like a parrot, more than two dozen of Teslaites already do so.

     

    So I point out the items that most people DO NOT know, but that are not impossible to find if you know where to look for them.

     

    After being in auto and lubricant industry in one way or another since 1977, I do know where to look.

     

    Since I do not hide my identity, and got over 50+ direct e-mails from various people on SA, and asking me to post things I find out about or know I do so.

     

    It is more convenient to do it on public forum that to do e-mail blasts from my AOL account.

     

    Only time will tell if the outcome of TESLA will be as disasterous as I think it will be.

     

    SO far I was 100% right about the future of Fisker, Apteara, Bright, Azure, CODA, Think and ZENN.

     

    Still amazed Wheego is around.

     

    But I do not claim to have crystal ball in which I can see the future, I am just looking into a rear view mirror.

     

    And there is lot of data for Roadster already - and with Model S TESLA is not changing the current owner support nor enhancing the already on the road TESLA value.

     

    Any company that does not take their own vehicle back on trade up is the biggest RED FLAG to me, that is want finalized my decision NOT to consider TESLA ownership - 100% killed the deal.

     

    Just talk to the few who are selling their 1,000 mile Model S cars on E-Bay - TESLA interest in their car is ZERO.

     

    To give you comparison with one of our products we buy back USED SynLube from our customers for the same price they paid for it even if it was 10 years ago....

     

    http://bit.ly/19GtI0e
    15 Oct 2013, 09:21 PM Reply Like
  • Miro Kefurt
    , contributor
    Comments (645) | Send Message
     
    @Kiwi_Guy

     

    Mirox gives me the experience to know where to look for certification and compliance and recall data for any vehicle sold in USA.

     

    SynLube - your comment shows the complete ignorance that most EV fanatics show, like belief that EV somehow defies the laws of physics, and especially tribology - even in EV there is friction, wear and need for lubrication, be it it the motor bearings or transmission.
    The cooling system holds 10 to 12 times the volume of ICE car so the 4 Quarts of Motor oil that is not used, is well made up by the volume of coolant alone, and no mater how much regeneration you have there still are hydraulic brakes mandated by FMVSS = Brake Fluid, so actually there is MORE OIL used in EV than in ICE.
    The only fluid that is in danger of low demand is PSF (Power Steering Fluid) but even low cost ICE cars now have electrical assist steering, some with hydraulic pump, some 100% electro/mechanical.

     

    OKA NEV ZEV our 2014 production is already sold out, and our $7,000 to $10,000 cars are not likely to steal any TESLA model sales anyway.
    And the MPGe is 169 - without any proprietary technology - that is 2/3 of the energy used per mile compared to TESLA, in production since 2003, that gives me lot of first hand experience in EV technology, and I actually drive one (two to be exact in two different locations) every day.

     

    Thanks for promoting and linking all my business interest !!!
    15 Oct 2013, 09:43 PM Reply Like
  • marshgre
    , contributor
    Comments (478) | Send Message
     
    @miro

     

    "Any company that does not take their own vehicle back on trade up is the biggest RED FLAG to me, that is want finalized my decision NOT to consider TESLA ownership - 100% killed the deal."

     

    So then where'd the used Roadsters that were available through the Tesla Motors website come from?

     

    I smell a little oil soaked FUD
    15 Oct 2013, 11:13 PM Reply Like
  • marshgre
    , contributor
    Comments (478) | Send Message
     
    @miro

     

    http://bit.ly/12ieATs

     

    Where do you think these cars came?

     

    Proof of FUD folks. Proof of FUD
    15 Oct 2013, 11:20 PM Reply Like
  • Miro Kefurt
    , contributor
    Comments (645) | Send Message
     
    @marshger
    Unsold loan cars from their tech centers, some on their web since November 2012 and still not sold, thus that shows the desirability of even slightly used TESLA vehicles.

     

    The web listing changed as previously the VIN and location was not disclosed which is illegal advertising activity as per California Vehicle Code - something I have pointed out when that situation existed, 3 weeks later it was corrected.

     

    If you click on the image you go to full disclosure page (did not exist before).

     

    So TESLA sometimes legalizes their illegal activity, they just need little prompting to do so, like visit from DMV enforcement personnel.
    16 Oct 2013, 01:04 AM Reply Like
  • Miro Kefurt
    , contributor
    Comments (645) | Send Message
     
    @marshgre
    See the above post, show me a single car ever owned and registered to private owner that any TESLA store has for sale!

     

    Prove me WRONG !!!

     

    Even more disturbing to me is the incredible per mile depreciation from MSRP that ranges from $2.94 to $10 per mile based on the current offering price and the original MSRP for the 5 cars they have in stock.

     

    That projected to Model S alone would make it worthless in the 36 months where the buy back guarantee does not apply (like cash sale).
    16 Oct 2013, 01:06 AM Reply Like
  • Kiwi_Guy
    , contributor
    Comments (118) | Send Message
     
    "Thanks for promoting and linking all my business interest !!!"

     

    If my comments from NZ have generated new business for you from SA readership, then it is all my pleasure Miro :)

     

    So what motivates you to be so prolific and so anti-Telsa on here? Your largely sniping comments are scatter-gun, totally out of step with Model S owners and Tesla longs and are having zero impact on TSLA, in spite of you finding a negative spin on virtually everything to do with Tesla and Model S.

     

    What gives?
    17 Oct 2013, 03:59 AM Reply Like
  • Philip Marlowe
    , contributor
    Comments (922) | Send Message
     
    They keep making expensive cars. They keep saying that the next model will be cheaper, but usually it is not that much cheaper. This is not a great move in affordability from the model s.

     

    To their credit they seem to have no problem selling their expensive cars, but eventually that pool of buyers will dry up. The rich are only a small percentage of the population.
    14 Oct 2013, 01:28 PM Reply Like
  • SeanRidley
    , contributor
    Comment (1) | Send Message
     
    Your frustrations are understandable. I'm dying to see a cheaper Tesla hit the road, as well. Elon Musk said that his goal is to have a sub-$40,000 available within three to four years (This was in May of 2013). However, the Model X was never planned to be cheaper.
    14 Oct 2013, 02:44 PM Reply Like
  • chfp
    , contributor
    Comments (531) | Send Message
     
    Nope, you confused it with the Gen3 ("E"). Tesla never said the X would be cheaper.
    14 Oct 2013, 03:28 PM Reply Like
  • marshgre
    , contributor
    Comments (478) | Send Message
     
    Yes expensive cars are sold to wealthy people. I don't expect that pool to dry up any time soon. Wealthy people replace their cars, just like the rest if us, they just have the money to do it more frequently.
    15 Oct 2013, 05:31 PM Reply Like
  • tech01x
    , contributor
    Comments (639) | Send Message
     
    Philip Marlowe, there are 12 million households in the U.S. alone that can responsibly afford a Model S. Yes, it's a small percentage of the overall population, but that's still quite a lot of households.

     

    One of the keys is to have a compelling product. Given the Model S, people are likely to assume that Tesla will produce compelling products in the future.
    22 Oct 2013, 08:34 AM Reply Like
  • Stephen Pace
    , contributor
    Comments (409) | Send Message
     
    @Philip Marlowe: Tesla always said the Model X was going to be in the same price family as Model S given that is built on the same skateboard as Model S. Gen III (likely called Model E) is the 'high-volume, lower priced' version that was promised in 2017.
    14 Oct 2013, 01:31 PM Reply Like
  • Esekla
    , contributor
    Comments (2295) | Send Message
     
    Yes, saw that this morning. Any way you slice it,l Model X production is still a year off, and the eventual sales don't really matter with regard to fundamental TSLA valuation, unless you think they are going to be a huge multiple of the Model S numbers.. All that really matters now, fundamentally speaking, is mass market of the Model E, someday.

     

    Until something happens to change the outlook on that, TSLA will probably continue to trade as commented here: http://seekingalpha.co...
    14 Oct 2013, 01:35 PM Reply Like
  • joe_dirt365
    , contributor
    Comments (91) | Send Message
     
    "and the eventual sales don't really matter with regard to fundamental TSLA valuation"

     

    lol what?
    14 Oct 2013, 01:42 PM Reply Like
  • Esekla
    , contributor
    Comments (2295) | Send Message
     
    As in, Tesla could sell twice the anticipated # of Model Xs and it wouldn't bring the current stock price anywhere close to reasonable fundamental valuation. That doesn't mean the price is going down soon, it just means that meeting or beating Model X projections is pretty immaterial to TSLA share price.
    14 Oct 2013, 02:25 PM Reply Like
  • HMGD
    , contributor
    Comments (155) | Send Message
     
    "Tesla could sell twice the anticipated # of Model Xs and it wouldn't bring the current stock price anywhere close to reasonable fundamental valuation."

     

    It may not satisfy fundamental valuation, but it would very strongly pave the thinking of an outstanding Model E sells anticipation.

     

    Many have not noticed, but for the price of both Model S and Model X Tesla is doing already pretty nice, and that alone should be indicative that Model E could be very really a game changer, a true success...
    14 Oct 2013, 03:47 PM Reply Like
  • joe_dirt365
    , contributor
    Comments (91) | Send Message
     
    Two words: Falcon doors
    14 Oct 2013, 01:42 PM Reply Like
  • HMGD
    , contributor
    Comments (155) | Send Message
     
    I'm convinced that in the end when Tesla beat every pessimistic to the ground their only excuse will be something like: "Tesla had luck that's all"
    
    The potential of Tesla still intact waiting to be realized.

     

    Very nice pictures... Model X will easily inspire buyers as much as Model S if no more.. 40k sales at the end of 2014 will be piece of cake, also I'm expecting 6k sales for the next report and no less than 23k for this year.

     

    Have a nice day you all!
    14 Oct 2013, 01:49 PM Reply Like
  • toonies
    , contributor
    Comments (393) | Send Message
     
    Very pretty car, it has big sales potential in EU. This kind of cars ("suv") is very popular here..
    14 Oct 2013, 01:54 PM Reply Like
  • SharkDude
    , contributor
    Comments (552) | Send Message
     
    seriously. being able to look at this car in a palo alto show room should be worth at least 2 to 3 billion in added market cap.
    14 Oct 2013, 02:13 PM Reply Like
  • HMGD
    , contributor
    Comments (155) | Send Message
     
    That's what shorts believe is the way true longs think, but to this day during this year their thesis has been proof wrong.
    14 Oct 2013, 03:49 PM Reply Like
  • MCom
    , contributor
    Comments (2) | Send Message
     
    While the "falcon" doors are cool, they eliminate the ability to use any sort of roof rack. Take a look at how consumers use SUVs and you will quickly see that this will be an impediment to sales.
    14 Oct 2013, 02:44 PM Reply Like
  • DeliciousWolf
    , contributor
    Comments (71) | Send Message
     
    Agree. The Falcon doors serve no purpose other than "Cool" with a capital C. It appears Tesla is willing to sacrifice some practicality for the cool factor, and believes it' customers will too. Given that these are the same people willingly to buy a limited-range vehicle, I'm betting Tesla is correct.

     

    "Coolness" is definitely a major selling factor and commander of premium prices for Tesla, and will be for this model as well. Unlike other longs, I dread the coming days of the common-man's Tesla E and will be selling, not buying TSLA when they introduce it. The Model E will be the share price high. Mass-producing cheap Tesla's will fundamentally alter the company's business model and destroy their margins as surely as if Lamborghini started producing $35,000 "lambominis".
    14 Oct 2013, 04:56 PM Reply Like
  • Rik1381
    , contributor
    Comments (1420) | Send Message
     
    The falcon doors make it easier for parents to get their young children into child car seats. They also make it easier for people to get into the 2nd and 3rd rows.
    14 Oct 2013, 05:05 PM Reply Like
  • Dampflok
    , contributor
    Comments (796) | Send Message
     
    Just don't open it in your garage while recharging!
    14 Oct 2013, 07:24 PM Reply Like
  • antiguajohn
    , contributor
    Comments (72) | Send Message
     
    Hi Dampflok,

     

    Watch the video and Elon Musk shows that the "Falcon Wing Doors" can open in the same garage space he parks his Tesla Roadster in.

     

    http://bit.ly/19JUMJS

     

    The Model X is introduced at 12:30, the Falcon Wing doors start at 15:00, note how many normal sized people can exit easily.

     

    At 17:50 you see the Model X with the Falcon wing doors open parked where the Roadster was.

     

    And if you watch it to the end you will be amazed how much luggage comes out of the trunk and if you watch right to the end you will see even more luggage come out of the "Frunk".

     

    All in all this is the best SUV concept I have ever seen, and then there is the 4WD version with a turning circle radius of a Mini!

     

    I believe that once to market SUV lovers will be blown away and if I were a taxi driver on a small Caribbean island, this would be the car to have, no range anxiety and no spending up to US $1000 per month on fuel.

     

    Best wishes,

     

    antiguajohn
    14 Oct 2013, 08:45 PM Reply Like
  • Joe E Coyotee
    , contributor
    Comments (243) | Send Message
     
    eliminate the ability to use any sort of roof rack. not necessarily if you really want a roof rack that bad on Model X you simply keep the falcon doors closed and do not use them. I'm going to put a Kayak rack on my Model X
    14 Oct 2013, 11:37 PM Reply Like
  • uptown177
    , contributor
    Comments (8) | Send Message
     
    I travel a lot and if you think that Falcon doors are impractical, let be honest not many people place items in the roofs of their vehicles especially luxury brand vehicles. This is not a Kia. Or any other bread and butter brand
    15 Oct 2013, 01:09 AM Reply Like
  • marshgre
    , contributor
    Comments (478) | Send Message
     
    I think at one point Elon was asked about this in an interview and he said something about a novel solution to the Model X roof rack problem.
    15 Oct 2013, 05:36 PM Reply Like
  • Jberton
    , contributor
    Comments (2) | Send Message
     
    I am totally tired of hearing this line.
    To their credit they seem to have no problem selling their expensive cars, but eventually that pool of buyers will dry up. The rich are only a small percentage of the population.
    I am not rich at all, living from pay check to paycheck all of my life. Being retired now at age 70, I purchased my Model S, which was delivered about four weeks ago. I have. Large loan which is for 72 months and I hope to pay that off in 60 months. My purchase was based on two things, getting away from gasoline, and buying American. Tesla I believe is the future of transport ion, I only wish I could afford buying their stock.
    14 Oct 2013, 02:44 PM Reply Like
  • uptown177
    , contributor
    Comments (8) | Send Message
     
    Good for you sir! Enjoy living petro free. Safe travels
    15 Oct 2013, 01:09 AM Reply Like
  • Miro Kefurt
    , contributor
    Comments (645) | Send Message
     
    @Jberton
    Have you looked at your Monroney sticker in the Foreign Content section ?
    If so you would not claim it is "American".

     

    Depending on model, and equipment it is 45 to 62% "foreign" like in China !
    15 Oct 2013, 01:53 AM Reply Like
  • Joe Dirnfeld
    , contributor
    Comments (1128) | Send Message
     
    I don't think patent news will like this car, and logical thought is also opposed, on that account it's dead on arrival.
    14 Oct 2013, 02:45 PM Reply Like
  • joe_dirt365
    , contributor
    Comments (91) | Send Message
     
    I lol'd
    14 Oct 2013, 05:55 PM Reply Like
  • MKBaxley
    , contributor
    Comments (58) | Send Message
     
    Oh, I think you would be surprised at what young parents would like. They'll love it.
    14 Oct 2013, 07:34 PM Reply Like
  • surferbroadband
    , contributor
    Comments (955) | Send Message
     
    The two bloggers you are referring to, I think they are just stools for the ICE car industry. People say they are not getting money for writing an article except from Seeking Alpha, but I don't believe that. But then I can't prove that they are getting money from someone else.

     

    If they are not stools, then they sure are not very smart with their money.
    15 Oct 2013, 03:17 AM Reply Like
  • blando3
    , contributor
    Comments (12) | Send Message
     
    Is there really no way to put a roof rack on the car? If not, then that is a disappointing feature for an SUV, IMO.

     

    It seems that the SUV-buying customer might be the sporty type that would want to carry bikes, skis, kayaks, etc.
    14 Oct 2013, 02:45 PM Reply Like
  • pat1000
    , contributor
    Comments (460) | Send Message
     
    Hope they spend some money fixing two dangerous fauxes on the inside of the X-----namely the seat belts and visers------
    14 Oct 2013, 02:48 PM Reply Like
  • pat1000
    , contributor
    Comments (460) | Send Message
     
    Meant the S model not the X
    14 Oct 2013, 03:30 PM Reply Like
  • steamoil
    , contributor
    Comments (57) | Send Message
     
    It would be very difficult going from my Lexus GX460 to the Tesla X model. It really is a poor excuse for an SUV. I'll stick with the stock , and my Lexus instead, it'll give me more pleasure and room.

     

    Sorry Elon.
    14 Oct 2013, 03:06 PM Reply Like
  • chfp
    , contributor
    Comments (531) | Send Message
     
    It's a crossover, not a typical SUV. But that's ok you don't have to like it.
    14 Oct 2013, 03:30 PM Reply Like
  • antiguajohn
    , contributor
    Comments (72) | Send Message
     
    Hi steamoil,

     

    You say that it would be difficult for you to go to a Model X from a Lexus.

     

    How do you know?

     

    Have you driven the Model X?

     

    As far as I am aware of only people working for Tesla have driven it.

     

    You should be careful of condemning something you have never tried,
    otherwise people will think you are a Tea Party or republican type, condemning something they have never experienced.

     

    Best wishes,

     

    antiguajohn
    23 Oct 2013, 03:06 PM Reply Like
  • skyrider2052
    , contributor
    Comment (1) | Send Message
     
    The Chinese have the BYD totally electric vehicle which there're planning to sell them in US for 35K. It has a range of 180 miles per charge. Warren Buffet is invested in this company . We might see some competition.
    14 Oct 2013, 10:56 PM Reply Like
  • Rik1381
    , contributor
    Comments (1420) | Send Message
     
    BYD E6 test drive.
    So slow to accerate that test driver Nikki Gordon-Bloomfield says "oh my, that's dangerous." Bad driving dynamics too, "like an untamed horse."
    http://bit.ly/1ey082r

     

    If a Nissan Leaf owner like Nikki thinks the BYD E6 is this bad, it's unlikely to be any competition for Tesla. BYD sounds like another Coda.
    15 Oct 2013, 12:50 AM Reply Like
  • Miro Kefurt
    , contributor
    Comments (645) | Send Message
     
    BYD has been coming to USA since 2003, they actually got few cars in USA for testing, but so far no sales any time soon, like not in next 3 to 4 years.

     

    They actually got official EO (Executive Order) to sell them in California in September 2012 as 2012 Model (when every body else certifies for 2013) the total sales = ZERO.

     

    They gave up on the B6 EV for 2013 and 2014 already.

     

    CODA was actually "superior" when compared to B6 EV.
    15 Oct 2013, 02:06 AM Reply Like
  • Normlederman
    , contributor
    Comment (1) | Send Message
     
    Glad I saw the S model in person, as the X did not excite me nearly as much in the photos release today. I am a stock holder and can not wait to see the Model E prototype when and if it gets released
    15 Oct 2013, 02:52 AM Reply Like
  • surferbroadband
    , contributor
    Comments (955) | Send Message
     
    Model E will be release and will break the 65 Mustang record.
    15 Oct 2013, 03:19 AM Reply Like
  • Miro Kefurt
    , contributor
    Comments (645) | Send Message
     
    http://bit.ly/1gJzAuL
    16 Oct 2013, 01:35 AM Reply Like
  • Miro Kefurt
    , contributor
    Comments (645) | Send Message
     
    Example of used TESLA Model S desirability:
    Date: Mileage: Source: Comments:
    06/26/2013 50 miles California
    Motor Vehicle Dept.
    Newport Coast, CA Odometer reading reported
    Titled or registered as
    corporate vehicle
    07/22/2013 California
    Motor Vehicle Dept.
    Newport Coast, CA Title issued or updated
    First owner reported
    Loan or lien reported
    09/21/2013 164 miles Dealer Inventory Vehicle offered for sale
    10/02/2013 California
    Motor Vehicle Dept.
    Newport Coast, CA Title issued or updated
    Loan or lien reported
    10/04/2013 185 miles Dealer Inventory Vehicle offered for sale

     

    Ex Luxury Rent-A-Car unit, only one person rented it in 3 months for discounted $350 per day.

     

    Now already changed hands (dealers) twice in last 20 miles and depreciated another $10,000 - that is $500 per mile !!!

     

    Vehicle Information:
    2013 TESLA MODEL S
    VIN: 5YJSA1CP0DFP13539

     

    NO I am not dreaming this up !!!

     

    This is the kind of a vehicle I am referring to, and which should be at a TESLA store available for immediate delivery, that is if TESLA would be into maintaining the vehicle residual value and serious about car business.

     

    After all 62% of all Franchised Dealer profits are for sales of USED cars, and not NEW cars they account for about 20%, rest is parts and service.

     

    Giving up on obvious profit opportunity is clear indication of any lack of knowledge of the real life car business model, and trying to be so different that any used (previously privately owned by non-tesla) TESLA is completely un-desirable, i.e. orphaned vehicle to be looked down upon.....

     

    not very smart in my humble opinion. = RED FLAG I have referred to before, I have 12 more examples like that with Roadsters.
    16 Oct 2013, 01:51 AM Reply Like
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