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Message
re: Tesla making honest car dealers very angry
Posted on 5/28/13 at 8:15 pm to the LSUSaint
Posted on 5/28/13 at 8:15 pm to the LSUSaint
Tesla paid their loan off 9 years early
And they make a cheaper version for around 70k, 108k is not anywhere near the base model. Obviously out of the price range of most Americans at this point, but for someone looking at a 50-60k BMW or Mercedes, it would be reasonable.
Their plan is to have a model around the 40k price point within the next couple years. I think that is when we'll know whether or not electric cars can gain any serious chunk of market share.
And they make a cheaper version for around 70k, 108k is not anywhere near the base model. Obviously out of the price range of most Americans at this point, but for someone looking at a 50-60k BMW or Mercedes, it would be reasonable.
Their plan is to have a model around the 40k price point within the next couple years. I think that is when we'll know whether or not electric cars can gain any serious chunk of market share.
1
Posted on 6/4/13 at 2:09 pm to Chris Farley
quote:
Tesla paid their loan off 9 years early
To be clear, they paid it off with Debt and Equity. So that is kind of misleading. Yeah, the government got its money back. But, it isn't a sign of an amazing business model.
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