• Hey, guest user. Hope you're enjoying NeoGAF! Have you considered registering for an account? Come join us and add your take to the daily discourse.

Tesla sales tank in Europe as stock drops 40% in a month

Mr Reasonable

Completely Unreasonable
Is this currently business's biggest FAFI story?

Musk has been a cheerleader for Trump’s threats to annex Canada, writing on his social media platform X that Canada is “not a real country.”

A petition to revoke Musk’s Canadian citizenship on the grounds that he has “engaged in activities that go against the national interest of Canada” and “attacked Canadian sovereignty” has amassed hundreds of thousands of signatures.

Tesla has been removed from the Vancouver Auto Show on the eve of the event, organizers announced Tuesday.

Elon Musk’s company will no longer be an exhibitor and all references to Tesla have been removed from the show’s website, a move that comes as the billionaire faces backlash for his alliance with President Donald Trump amid a trade war between Canada and the U.S.

“The Vancouver International Auto Show has removed Tesla as a participant in this week’s event, after the automaker was provided multiple opportunities to voluntarily withdraw,” said Eric Nicholl, the show’s executive director, in a statement.

In a now-deleted post he said, “My companies make great products that people love and I’ve never physically hurt anyone. So why the hate and violence against me? Because I am a deadly threat to the woke mind parasite and the humans it controls.”

You've got to laugh really, there are calls for him to step down as CEO, and his comeback is to dribble about woke mind parasites on twitter. 😂


 
Last edited:
Relentlessly trolling people and potentially ruining lives for others. Then has the gall to cry when there's a backlash from a handful of loons. The man Is a child.
 
Last edited:

MilkyJoe

Member
Just curious what makes you think they are "disposable"?


The thing about that brake brake brake is as soon as they let off the throttle to a certain threshold the regen braking kicks on triggering the brake lights

I only know this because I have watched my own brake lights come on when I felt I was still giving throttle

But yeah EVs can be a pain to follow because of this

Because when it's time to change the batteries, the expense is often worth more than the car, the depreciation on them is ridiculous! Hello Porsche Taycan.
 

Wildebeest

Member
Is it over for the biggest overvalued meme stock in human history? Nowhere near that. It seems to have shaken off the chuckleheads who put their covid stimulus into tesla, but it was already a hugely overvalued meme stock back then.
 

RJMacready73

Simps for Amouranth
To think i once admired this man for really pushing us technologically forward and now he's just a nazi apologist cunt so far down the rabbit hole that even with his billions he can't figure his way out, sad to see his name tarnish Tesla & SpaceX
 

HeisenbergFX4

Gold Member
Because when it's time to change the batteries, the expense is often worth more than the car, the depreciation on them is ridiculous! Hello Porsche Taycan.
I don't know about Tesla trade in values but I bought a launch edition Ford Mach E and it was just too small for me and we got a great trade in towards our Lightning but I will admit my dealer always goes above and beyond because of the amount of business I have done there over the last 25 years

As far as batteries go I am quite sure when my wife was considering one of the Teslas the warranty was for 150k miles on its battery which I think is pretty good but if trade in values suck then you're in trouble when you near that mark I suppose

A quick search of new crated engine installs in an F150 look just as outrageously priced as batteries but at least with engines you can opt for rebuilds or even a junk yard swap

Either way I sure wouldn't consider an EV as disposable as the amount of fuel costs I am saving adds up over time but then again I am at an advantage of being totally off the grid solar so all my Lightnings "fuel" is free
 

MilkyJoe

Member
I don't know about Tesla trade in values but I bought a launch edition Ford Mach E and it was just too small for me and we got a great trade in towards our Lightning but I will admit my dealer always goes above and beyond because of the amount of business I have done there over the last 25 years

As far as batteries go I am quite sure when my wife was considering one of the Teslas the warranty was for 150k miles on its battery which I think is pretty good but if trade in values suck then you're in trouble when you near that mark I suppose

A quick search of new crated engine installs in an F150 look just as outrageously priced as batteries but at least with engines you can opt for rebuilds or even a junk yard swap

Either way I sure wouldn't consider an EV as disposable as the amount of fuel costs I am saving adds up over time but then again I am at an advantage of being totally off the grid solar so all my Lightnings "fuel" is free
Well hear we have the most expensive electricity in the world, so it's often cheaper to re-fill a petrol tank than charge an EV.

The batteries on a Porsche Taycan cost 40 grand to replace, and a 2021 Tycan cost 120 - 160K from new, and are now worth 37 - 50K, i'm not sure many would bother paying 40K for a car worth that , just buy a new car
 

HeisenbergFX4

Gold Member
Well hear we have the most expensive electricity in the world, so it's often cheaper to re-fill a petrol tank than charge an EV.

The batteries on a Porsche Taycan cost 40 grand to replace, and a 2021 Tycan cost 120 - 160K from new, and are now worth 37 - 50K, i'm not sure many would bother paying 40K for a car worth that , just buy a new car
Electricity costs for sure would play a huge role and honestly I don't think we would have gone for an EV if we didn't have solar

Looks like the battery for that Taycan is only 100k miles so that's borderline

But then again the type of people that Taycan is aimed at likely aren't stressing over how bad the trade in value is
 

Mr Reasonable

Completely Unreasonable
The batteries on a Porsche Taycan cost 40 grand to replace, and a 2021 Tycan cost 120 - 160K from new, and are now worth 37 - 50K, i'm not sure many would bother paying 40K for a car worth that , just buy a new car
Surely the value of the car there is based on the deteriorating battery - a 37k car versus a 40k battery doesn't make sense, until you take into account that the 37k car will need a 40k battery too in the next 6 months, or however long. Or have I got that wrong? I'm assuming because I've never seriously looked at buying an electric car.
 

Cyberpunkd

Member
Well hear we have the most expensive electricity in the world, so it's often cheaper to re-fill a petrol tank than charge an EV.

The batteries on a Porsche Taycan cost 40 grand to replace, and a 2021 Tycan cost 120 - 160K from new, and are now worth 37 - 50K, i'm not sure many would bother paying 40K for a car worth that , just buy a new car
But you are not taking into account the mileage done, that is priced in. Of course a Tycan at 37k probably has hundreds of thousands if miles, at this point yes - it's stupid, since you need to factor 40k battery soon. However if going to e.g. 60K for car with 50K mileage - that's a way better deal. Or am I missing something?
 

segasonic

Member
Depreciation is insane on all luxury vehicles that aren‘t a sports car. Panameras lose their value just as quickly as Taycans. And battery packs can actually be repaired, it is not necessary to replace them altogether.
 

MilkyJoe

Member
But you are not taking into account the mileage done, that is priced in. Of course a Tycan at 37k probably has hundreds of thousands if miles, at this point yes - it's stupid, since you need to factor 40k battery soon. However if going to e.g. 60K for car with 50K mileage - that's a way better deal. Or am I missing something?

40k 13,000 miles

 

MilkyJoe

Member
Surely the value of the car there is based on the deteriorating battery - a 37k car versus a 40k battery doesn't make sense, until you take into account that the 37k car will need a 40k battery too in the next 6 months, or however long. Or have I got that wrong? I'm assuming because I've never seriously looked at buying an electric car.
Taycan battery lasts 10 years, that's 37K after 4 years, in 6 years the car will be worth peanuts but still need a 40K battery replacement, hence disposable car.
 

XXL

Member

If You Say So Shrug GIF

Imagine thinking anything else was going to happen. Lol.
 
Top Bottom