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Only about 1/3rd cheaper than my Toyota and leas convenient total mileage and charging options. (And my car was at least 6 times cheaper than a cheap Tesla)

:rofl: triple that number maybe, what Toyota breaks down at 200k?

What software?

What’s the comparable price segment though?

I want to love EVs but we seem to be a long way off being usable for every day people

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:rofl: triple that number maybe, what Toyota breaks down at 200k?

Ok, you won’t argue with Tesla’s announced 1 million miles life span vs Toyota hopefully.

But even my estimate of 200k miles for a Toyota should not be off. What’s is your number?
https://www.google.com/search?q=average+toyota+lifespan&oq=average+toyota+lifespan&aqs=chrome..69i57j0i22i30l6.4254j0j1&sourceid=chrome&ie=UTF-8

What software?

The one on the 15inch screen + autopilot updated + new fart noises (!important) etc

What’s the comparable price segment though?

I want to love EVs but we seem to be a long way off being usable for every day people

For model 3 in the EU - premium priced sedans around 40-60keur. Hard for me to compare with the UK.

Should say though comparing to any Toyota is not apples to apples

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Nope, million mile lifespan sounds excellent. Hopefully that means little reduction in battery capacity as we.

Look after them and there’s no reason they won’t do 500k+ assuming you keep it that long. Mines coming up 10 years with 100k+ miles it’s just getting started.

That’s the problem, it’s difficult to compare. If your well off and can afford them EVs make sense. If your not there’s really no EV that competes with a second hand reliable car. They’re to expensive and can’t do the miles required. In that sense they’re no where near ready.

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A million mile battery raises some interesting problems. The average UK driver does around 7500 miles per year. Even if they did 10,000 per year, bought the Tesla aged 17, and kept it until they gave up driving at 67, they would have only used half the rated lifespan. To use it all, they could hand it down to their grandchild to keep going for another 50 years, and they could hand it to their grandchild with 70% of the original capacity in 2121. Surely this will eat into Tesla’s future profitability? :smirk:

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They have a solution for this. Sell the used battery at 70% depletion (don’t remember the exact claimed %) for energy storage purposes. Need to do more research on this

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Per charge mileage will go down, the higher mileage presumably means it’s holding the charge better so the battery longevity should be improved. But 200k miles in if your only getting 100 miles out of a 450mile battery that’s a different story

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What are Tesla doing with batteries? I’m wondering what’s the likelihood these solid state batteries take a heavy chunk out of Tesla if they become viable and a much better option over the current tech? Can Tesla easily pívot battery tech?

From what I have seen the stuff Quantum Scape presented is on par with Tesla’s battery announcement using lithium minus the risk of fire and minus the fact that both are hypothetical for the time being. However, Musk has a record on delivering on the promise x years late.

Toyota will be showing their prototype of solid state batteries next year. Will see

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It seems Tesla’s lose around 20% capacity at 200k miles currently. That’s all it really means, once the capacity gets below a reasonable threshold. I just doubt there will be many Tesla model 3s around with 1m miles on the clock outside of a few taxis. But we shouldn’t be aiming for that anyway, private cars in whatever form still use loads of energy and are generally an environmental disaster. I was pointing out that battery longevity will cease to be a meaningful factor, and that future tech will make current model 3s rather quaint, rather soon.

The batteries could be reused for lower end models and grid storage.

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Just to chip back in here on prices, having just bought the EV this year with Tesla far out of price range. £22k on an EV works out at the equivalent of a new £12k vehicle if you move the cost of petrol and servicing to up front. So your normal pcp £250pm plus a similar deposit means your £200pm on petrol plus the yearly servicing now goes to your pcp instead assuming you spend £50 on petrol. If you don’t spend £50 a week on petrol you likely don’t have a car requirement.

Now if you consider the lease cost if running through a company, you can write off significant parts of the cost which would bring the Tesla price right into the average monthly cost of a mid or low end new petrol car.

Like I say, there’s not really a good reason to not buy an EV when you sit down and do the sums required. And so I’m very happy. There’s isn’t anywhere in the UK with no charging now as ZapMap shows, and I’ve driven everywhere. Out of service machines are an issue for sure but I have a rapid charger within 5 minutes in each direction and all main motorways have either rapids or Tesla rapids now. Instavolt dosnt need an account as it’s payg.

No excuses frankly. Downplaying EVs is Luddite talk. Move now and stop deluding yourselves.

My only issue with using Tesla rapids will be billing. I won’t need 350kw rapids.

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But there is - inconvenience. The point of the car is to make life more convenient otherwise you could argue to just use public transport instead. I have no possibility to charge a car nearby so if on the way to work I’d have to (quick) charge it that would be a major inconvenience. EVs are the right way to go but they have a long way to go IMO.

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Disagree with that, maybe if you live in a big city with public transport.I walk to work (or work from home at the moment) so I spend less than ÂŁ50 per week on petrol but there is zero public transport to the places I do go

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Source? I don’t own a Tesla or any Tesla shares but am interested in the numbers and tech and that’s not a figure I reconigse. Just searching for “tesla battery degredation chart” and “tesla taxi battery miles” brings up stories of cars with 250,000 miles and only 7% loss of capacity.

I hold my hands up to not being an engineer or petrolhead but I wonder how the compares to the age related loss of efficiency from most petrol/diesel cars (not the carefully tuned and repaired vehicles owned by enthusiasts - the beaters that most of us drive!).

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I just googled something quickly as well, that was the figure I got, it’s not far from your figure, but a proper source would be interesting.

It’s not generally age that causes the degradation but use. The taxi is a moot point, while for petrol cars, the near constant use will reduce performance quickly, it may be that that type of cycling (full to 20%,and back to full, say) on the battery pack might reduce degradation relative to other types of battery cycling (full to 10%, charged to 30%, back up to full etc).

So yeah, similar in a way to the beaters of today.

Tesla is building the Tesla Semi, a new electric truck.

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I was trying out some app.koyfin.com visualisations and they’ve got a surprising amount of data available for free. I thought this NTM EPS / price comparison was interesting for the valuation discussion.

Price target premium is at record highs but the question is does the PT increase to compensate or does the stock correct?

You can also do comparative analysis. Amazon is trading at 83x forward PE and has a forecast 20-22 sales CAGR of 11.64%. Tesla is at 168x but forecast CAGR of 22.56%. So double the CAGR and double the PE, seems bang on.

Tesla’s auxiliary kit adds AR view function, which can fully perceive the driving state.

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Anyone here a Teslanaire?

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Shhh don’t make a sound if you are, you’ll have a lot more friends and family in a flash :rofl: :rofl:

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No chance. QS solid state battery won’t be available until 2028. Tesla’s new 4680 batteries will be in mass production in 2023 and I expect an even more efficient variant by 2026 as Tesla’s a full scale innovative company.

My personal view is by the time QS batteries come to market there will be millions of EVs on the road using equally efficient (or more efficient) and cheaper battery technologies.

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