Amazing! I know what you mean, it’s been an insane few months!
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I started out with an even distribution across stocks and ETFs, but Tesla is out of control - now makes up nearly 40% of my portfolio. Tempted to sell some gains off, but also just want it to compound and see where it goes. The investors dilemma.
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Yeah, Tesla…where are you going?
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I’m hoping after a week of consolidation and steady bouncing between the $820 - $870 marks, we may now have a good resistance point and may start to see another climb as we head towards Q4 earnings, due a week on Wednesday.
There’s been a mix of news this past week with the recall vs talks with India and price target increases from Wedbush, which doesn’t seem to have had a major impact, not yet at least. So hopefully the way is up for the coming week.
We shall see!
Hoping to get that SIPP all transferred and set up before the next big Tesla bump 
I am still holding but not that sure about another home run this year.
Buying good stock in a company is one of the best ways to achieve financial freedom.
I don’t think Western Europe is a particularly good indication of where Tesla is at due to supply constraints there last year. I don’t think Europe will be a big market for them anyway considering the amount of competition and lack of a budget car (I know they’re deliberating over a $25k entry but seems way more likely they’ll focus that on India/Asia). It’s good to see manufacturers finally ramping though, credit to VW on their launch.
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The ID3 isn’t exactly a budget car, starts at £32K
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You are right, Europe is a very tough market but Tesla are clearly interested in having their fair share of it as the manufacturing facility in Germany indicates.
We know that they will be facing tough competition in China (don’t need to mention our three favourite Chinese EV stocks:) and US carmakers have also woken up.
The point is that Tesla will be one of many to make EVs in the next decade and other OEMs will do everything in their power to keep their market share in check.
What I find particularly interesting in that graph is that all other automakers have an upwards trajectory whereas Tesla kind of stalled and then actually receded a little. As you rightly pointed out this info for the rest of the world would be very interesting.
Current ID3 prices on carwow are £25k which is borderline budget car. The electric mini has very high horsepower but small battery and is £25k-ish.
By borderline, I mean assuming £50pw fuel now spent on the car principle. Electric cars are absurdly cheap to run but have higher up front cost. When I did the sums for our EV I worked out a rough equivalent cost of £22-24k EV to a £12k new petrol car.
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Tesla’s problem in Europe is the size of their cars. The Model S looks like a canal barge and the Model X looks like an armed personnel carrier - I always expect to see a dozen troops jump out the back of it.
The Model 3 is a more reasonable size to me but, correct me if I’m wrong, it still looks like something a travelling salesman/Mr Mondeo would drive.
I’m child free so I understand I don’t represent everyone’s needs but I just want a 3 door electric hatchback that’s not as ugly/expensive as a 5 door Zoe!
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I mean… I spent that when I was doing 500 miles a week but that’s not normal. £50 a month maybe.
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Mini Electric, Peugeot 208-E, Vauhxall Corsa-E and the Fiat 300e are all good choices for hatchback electric cars.
The 208e being my personal favourite. Same starting price as the baseline ID3.
https://ev-database.uk/ ← probably the best site around for actually comparing EV cars.
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Thanks! I’m an avid Fully Charged viewer. I guess I should have added that it’s the 2nd hand market that I’m focussed on. Currently Leafs and Zoes are still pretty expensive.
People are still asking thousands for old Renault ZE Fluences with their sub 100 mile (sub 50 miles in winter?) range!
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Fully charged is a fantastic show. Very eye opening when they talk about batteries being cheaper than ICE cars to produce. Yet the price-tag is still double? Guess that’s what people pay for the latest/greatest.
The old ZOE battery leasing seems very expensive as well. I think they’ve dropped that on newer models but is going to take a while before it trickles into second hand.
I honestly can’t see the second-hand market being reasonable for a long time (£10k for a decent mileage car). Tesla’s are holding their value incredible well right now. I currently drive a 17 year old car with a big diesel engine. I plan to keep running cheap & old until electric vehicles become just another plain old car on the road.
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I think I’ve done 6k since July and I’ve spent £43
*note this is £43 on my home charger. I’ve done one long trip which was £5 a charge and I probably did 6 charges there and back
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How dare you, the Zoe is adorable.
@Koni Yeah I’d like to see as well as I imagine it’ll be very illuminating. I just looked up when 19 figures came out, looks like we have to wait until the start of next month.
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The S does not look at all out of place in London, and the X looks and is slightly smaller than the huge number of large Range Rover’s across the capital… but anything bigger than the original mini is massive on the country roads 