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Tesla: 4 month's to live

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Comments

  • 2001400ex
    2001400ex Member Posts: 29,457
    doogie said:

    Rich people want to spend their own capital, go for it.

    Pretending you're economically viable by including $4 billion in government subsidy, without government benefit? Not so much

    Why am I not surprised you aren't educated on this? Over the last few years, how much do you think oil companies have received in subsidies? It's better because they are viable in your opinion? Between NASA and the military, how much innovation in our country has been from government?

    https://electrek.co/2016/11/25/tesla-subsidies-big-three-oil-industry/
  • HoustonHusky
    HoustonHusky Member Posts: 6,011
    edited February 2017
    2001400ex said:

    doogie said:

    Rich people want to spend their own capital, go for it.

    Pretending you're economically viable by including $4 billion in government subsidy, without government benefit? Not so much

    Why am I not surprised you aren't educated on this? Over the last few years, how much do you think oil companies have received in subsidies? It's better because they are viable in your opinion? Between NASA and the military, how much innovation in our country has been from government?

    https://electrek.co/2016/11/25/tesla-subsidies-big-three-oil-industry/
    I like to link to a electric industry magazine that says "subsidies the big three and oil industry", which links to data that the big three automakers get in subsidies and an IMF report that is pretty wacky (i.e. includes the "subsidies" of not charging for global warming, etc). and then claim its "oil company" "subsidies"

    Speed limit IQ...
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    doogie said:

    Rich people want to spend their own capital, go for it.

    Pretending you're economically viable by including $4 billion in government subsidy, without government benefit? Not so much

    Why am I not surprised you aren't educated on this? Over the last few years, how much do you think oil companies have received in subsidies? It's better because they are viable in your opinion? Between NASA and the military, how much innovation in our country has been from government?

    https://electrek.co/2016/11/25/tesla-subsidies-big-three-oil-industry/
    I like to link to a electric industry magazine that says "subsidies the big three and oil industry", which links to data that the big three automakers get in subsidies and an IMF report that is pretty wacky (i.e. includes the "subsidies" of not charging for global warming, etc). and then claim its "oil company" "subsidies"

    Speed limit IQ...
    Are you saying oil companies receive less in subsidies? Use your brain, there's so much information right at your fingertips.
  • WilburHooksHands
    WilburHooksHands Member Posts: 6,804

    Why the fuck do some people want alternative fuels to fail so badly? I don't get it.

    Its not that I want them to fail badly...I just understand thermodynamics. I don't want to fund something that makes no economic sense

    For the high-end market nobody cares about the economics of gas vs. electricity, but for an average car it makes no sense.

    Consider it to be as much about R&D as it is profitability. You could consider it the government essentially contracting out the most viable candiate for alternative energy R&D, its really no different than a defense contract. Do you care if Lockheed Martin makes economic sense?

  • greenblood
    greenblood Member Posts: 14,566

    Is the cost of charging an electric vehicle more expensive than paying for gas on the east coast? If so, that's what I see as a problem for them going forward.

    The midwest I believe has the cheapest electric costs, but being geographically spread out, it's not really an ideal market for Tesla as well.

    Northwest is way cheaper.
    But doesn't that play into the notion that their market may be limited, especially once the government gets smart and starts creating more taxes on electric usage?
  • UWhuskytskeet
    UWhuskytskeet Member Posts: 7,113

    Is the cost of charging an electric vehicle more expensive than paying for gas on the east coast? If so, that's what I see as a problem for them going forward.

    The midwest I believe has the cheapest electric costs, but being geographically spread out, it's not really an ideal market for Tesla as well.

    Northwest is way cheaper.
    But doesn't that play into the notion that their market may be limited, especially once the government gets smart and starts creating more taxes on electric usage?
    I think we'll see taxes shifted toward registrations once gas becomes more phased out.

    But let's say gas tax is applied to electricity rates. We'll use Washington which is in the top 3 for gas tax, currently at $0.56/gallon. Using $3.50 as the average price, you can say 16% of the cost of gas is tax.

    Apply a 16% tax to electricity rates, $0.08/kwh for WA, and the price raises to $0.093.

    image

    Basically it doesn't really change the equation much at all. Electric vehicles will still be cheaper to fuel. Even the least efficient EV will still be cheaper per mile than a 45mpg hybrid. This is ignoring the decrease in maintenance (though you'll have to replace the battery some day so it could be a wash).
  • greenblood
    greenblood Member Posts: 14,566

    Is the cost of charging an electric vehicle more expensive than paying for gas on the east coast? If so, that's what I see as a problem for them going forward.

    The midwest I believe has the cheapest electric costs, but being geographically spread out, it's not really an ideal market for Tesla as well.

    Northwest is way cheaper.
    But doesn't that play into the notion that their market may be limited, especially once the government gets smart and starts creating more taxes on electric usage?
    I think we'll see taxes shifted toward registrations once gas becomes more phased out.

    But let's say gas tax is applied to electricity rates. We'll use Washington which is in the top 3 for gas tax, currently at $0.56/gallon. Using $3.50 as the average price, you can say 16% of the cost of gas is tax.

    Apply a 16% tax to electricity rates, $0.08/kwh for WA, and the price raises to $0.093.

    image

    Basically it doesn't really change the equation much at all. Electric vehicles will still be cheaper to fuel. Even the least efficient EV will still be cheaper per mile than a 45mpg hybrid. This is ignoring the decrease in maintenance (though you'll have to replace the battery some day so it could be a wash).
    That's good to know...

    The battery kind of freaks me out though, because I've heard a battery replacement could be in the thousands.
  • UWhuskytskeet
    UWhuskytskeet Member Posts: 7,113

    But let's say gas tax is applied to electricity rates. We'll use Washington which is in the top 3 for gas tax, currently at $0.56/gallon. Using $3.50 as the average price, you can say 16% of the cost of gas is tax.

    Apply a 16% tax to electricity rates, $0.08/kwh for WA, and the price raises to $0.093.

    Meant to use $2.50 as the average, which would equate to 22.4% tax, or $0.09792/kwh. Point still stands.

  • 2001400ex
    2001400ex Member Posts: 29,457

    Is the cost of charging an electric vehicle more expensive than paying for gas on the east coast? If so, that's what I see as a problem for them going forward.

    The midwest I believe has the cheapest electric costs, but being geographically spread out, it's not really an ideal market for Tesla as well.

    Northwest is way cheaper.
    But doesn't that play into the notion that their market may be limited, especially once the government gets smart and starts creating more taxes on electric usage?
    I think we'll see taxes shifted toward registrations once gas becomes more phased out.

    But let's say gas tax is applied to electricity rates. We'll use Washington which is in the top 3 for gas tax, currently at $0.56/gallon. Using $3.50 as the average price, you can say 16% of the cost of gas is tax.

    Apply a 16% tax to electricity rates, $0.08/kwh for WA, and the price raises to $0.093.

    image

    Basically it doesn't really change the equation much at all. Electric vehicles will still be cheaper to fuel. Even the least efficient EV will still be cheaper per mile than a 45mpg hybrid. This is ignoring the decrease in maintenance (though you'll have to replace the battery some day so it could be a wash).
    That's good to know...

    The battery kind of freaks me out though, because I've heard a battery replacement could be in the thousands.
    Tesla has an 8 year infinite mile warranty on the battery. Toyota is similar.
  • Southerndawg
    Southerndawg Member, Swaye's Wigwam Posts: 8,354 Founders Club

    Why the fuck do some people want alternative fuels to fail so badly? I don't get it.

    Its not that I want them to fail badly...I just understand thermodynamics. I don't want to fund something that makes no economic sense

    For the high-end market nobody cares about the economics of gas vs. electricity, but for an average car it makes no sense.

    Agree

    http://blog.independent.org/2016/01/28/the-truth-about-tesla-motors/
    Is that guy seriously taking Tesla's quarterly P&L and dividing it by the number of cars sold in order to claim Tesla loses $4000 a car?
    Agree, overly simplistic on that point, but not the point of the link. @HoustonHusky posted that he doesn't "want to fund something that makes no economic sense". Taxpayers provided Musk with 4.9B in public funding up to the time of the blog post, and as @HoustonHusky subsequently noted, tax credits for EV further force taxpayers to foot a portion of the bill. From a purely technical point of view, I'm a fan of what Tesla has been doing, but also understand the perspective (and fall on the side) of letting the market decide winners and losers without government intervention.