







Tesla Model S





Tesla/SpaceX CEO Elon Musk





Source: Tesla Motors

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RE: :)
By Mint on 5/23/2013 12:43:59 AM , Rating: 2
It'll be more than a 'few' years for that. EVs with range extenders are the only hope for that.

But even covering the luxury sport (Model S) and luxury SUV (Model X) segments are major accomplishments. You don't exactly find the most fuel efficient vehicles among the M5's and CLS's of the world.

Let's see if TSLA shares can stay at $90. They'll have to sell about 50-100k vehicles a year with $5-10k net profit to justify that. It's already worth almost 1/4 as much as GM.

RE: :)
By flyingpants1 on 5/23/2013 5:23:41 AM , Rating: 2
Based on what? Elon says the cheaper mass market car is the first priority after S and X, scheduled for 2016/17

RE: :)
By Mint on 5/23/2013 7:04:00 AM , Rating: 2
I just don't see that future model actually being $30k, nor do I see it having 200 mile range.

Right now the 60kWh Model S barely clears 200 miles in EPA tests. That's a lot of batteries, and given how the Model S was priced before axing the 40kWh model (about $10k for every 20kWh), I don't see how the battery on a 200 mile EV would cost less than $20k in 2016. The rest of the car isn't free, and Tesla needs to make money as well.

RE: :)
By BRB29 on 5/23/2013 7:48:57 AM , Rating: 2
Because as battery storage density increases, which it is rapidly, we are going to see lighter batteries. That also mean smaller and cheaper batteries.

Less weight = less energy used = more range

With lighter and smaller batteries, they can also make a smaller car and a cheaper model.

smaller/Lighter car + lighter batteries = less costs + more range

To reduce costs more, they can use even less batteries to achieve the same 200miles range and take out some features.

You are right about 30k price, it is unlikely. I can see Tesla making a $~35k 200-250 mile range EV. I'm sure they'll market as 30k because of tax rebates.

RE: :)
By karimtemple on 5/23/2013 8:24:05 AM , Rating: 2
And I will be quite likely to buy one.

RE: :)
By Mint on 5/23/2013 4:06:49 PM , Rating: 2
If it has a 200 mile range, I'm thinking $35-40k after the tax credit.

It'll be a well equipped, decently performing car, like a BMW 328i. $35k is a reasonable price for a car like that.

RE: :)
By BaronMatrix on 5/23/13, Rating: 0
RE: :)
Okay. Why?

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