In a related subject, the Tesla battery bank in SA, was ridiculed by non-renewable energy enthusiasts. The battery system cost $89million, and last year it took in a revenue of $29million.

issuevoter wrote on Mar 23^rd, 2019 at 7:29am:


Actually living in SA, the problem is that batteries are load managers, not generators. If the generators fail, it can proved 3mins of power.

longweekend58 wrote on Mar 24^th, 2019 at 10:07pm:

the Ipace has actually been really disappointing in sales and only in the last month have they picked up and Tesla last year sold almost as many cars as Porch and have left Jag for dead, this year they will far surpassse the 2 companies
the rest are one day in the future they might get built......

Ahh I should of put best selling Electric Vehicles in Australia , Europe and North America, sorry for the miss understanding Baron 
The Model 3 really only had 6 months last year of good production and for those 6 months was the 4th best selling Car in the USA (not a ute) and was the highest grossing car, it also had 2/3 of sales of all small to midrange Luxury vehicles (the class it is in). It was the highest selling Luxury vehicle last year beating a Lexus if I remember right. So in the Luxury market in the USA they are definitely doing well.
It will be interesting to see how it sells this year,
They have unveiled their new suv crossover , it is expected to outsell the 3 models they already have.

DonDeeHippy wrote on Mar 25^th, 2019 at 4:44am:


wait for socko to post another Tesla car accident LOL

https://insideevs.com/tesla-delivered-over-4000-model-3-norway/
As of today, the counter of new registrations of Model 3 in Norway exceeded 4,100 and there are still a few days to go, making it possible to maybe reach 4,500. Including 792 Model 3 registered in February, the total number approaches 5,000 now in Norway.
Finally, March will be the new all-time record of all-electric and plug-in car sales in Norway. We expect now some 8,500-9,000 new passenger car registrations, which could be 60-70% of total car sales in the country.

Norway has about the same population of New Zealand (5 mil) and has the highest uptake of electric vehicles for any country.  As other countries improve their EV uptake it will be interesting to see what cars they buy...

In Switzerland, Tesla Model 3 has become the best-selling car of any type in March with 1,094 new registrations, followed by the conventional Skoda Octavia (801) and a few other models checking in around 500.
Despite the fact that deliveries started only in February, Model 3 quickly jumped also in the YTD rank to 4th place at 1,371. As a brand, Tesla was in March classified at 8th overall
Strong sales of the Model 3 is a very important outcome as Switzerland is one of the most “neutral indicators” of demand in a country with high salaries and no EV incentives.

https://insideevs.com/march-ev-sales-europe-40000-tesla/
Tesla Captures 45% Of Electric Car Sales In Europe In March

1/40 new cars sold in Western Europe were electric in March.

Sales of new passenger electric cars in Western Europe reached new record levels in March and in the first quarter, mostly thanks to a full month of volume deliveries of the Tesla Model 3.
With around 44.8% market share among BEVs, Tesla is a new undisputed market leader, although not as dominant as in the U.S., where 75% share was achieved in March (which is not even a record).

Tesla continues to dominate EV sales around the world, noticed the 1 VW offering (audi) is having trouble making them because they cant get batteries, so the dominance will keep going for awhile

According to a report on TV this morning China's BYD sells more EV's in China than Tesla sells world wide.

Hardly "taking over the world".

"BYD, which built the battery in your ’90s cellphone, now produces more EVs than anyone—and it wants to sell them to you, soon."

https://www.bloomberg.com/news/features/2019-04-16/the-world-s-biggest-electric-...

https://thedriven.io/2019/03/14/tesla-model-3-outsold-all-other-evs-in-2018-whil...


Over 145,000 Tesla Model 3 sedans were delivered in 2018, making it the single most popular electric car last year, followed by Chinese carmaker BJEC’s EC180 and 200 EV models and Japan’s Nissan Leaf.
Along with deliveries of premium stablemates, the Tesla Model S sedan and Tesla Model X SUV, the Californian carmaker has in total sold just over 245,000 vehicles in the last twelve month, confirming its place as the world’s most successful electric car manufacturer.




And this year they are taking over Europe and even been the best selling car in some countries last month, little on best selling EV.

Tesla Model 3 was the top selling car (of any type) in the Netherlands, Norway, and Switzerland last month. Furthermore:
It was the #1 luxury car in the USA in Q1 2019,
the #1 small or midsize luxury car in 2018,
the #1 electric vehicle in the USA in Q1 2019 and all of 2018,
the #1 top selling car in California in the second half of 2018,
the 11th best selling car in the USA in 2018 and the 13th best selling car in Q1 2019,
the #1 best selling car in the US in terms of revenue in Q4 2018,
the #1 best selling car from an American car company in the second half of 2018,
and together with the Model S accounted for 20% of US luxury car sales in 2018.

Ohh and not much to brag about but they are the best selling EV's company in Australia as well.

China is next and with the 3 new vehicals its working on, it will a intersting next few years for them

Tesla is seeking another 2 Billion Dollars to expand quicker with extra stock to be released. Most companies when they do this the existing stock drops, Tesla's stock raised 4% after the announcement.
The people and companies that have invested in Tesla believe in them.
We should now see the SUV, Semi and the sports car arriving a lot faster now
Go Team Tesla 

https://arstechnica.com/cars/2019/05/2-34-billion-fundraise-gives-tesla-much-nee
ded-breathing-room/
In a Friday filing, Tesla said it had actually raised $2.34 billion in an underwriting deal spearheaded by Goldman Sachs. Tesla sold shares worth $737 million and convertible notes worth $1.6 billion. Underwriters will have the option to buy an additional $350 million in stock and debt over the next month.
In recent months, skeptics have argued that Tesla's debt-laden balance sheet and disappointing financial results would make it difficult for the company to raise more money. But this week's results laid those concerns to rest.
Stock prices often fall when a company announces plans to sell more shares, as the sale dilutes the value of the company's stocks. But Tesla's shares bucked the trend, rising about four percent on Thursday—the first trading day after the sale was announced—and another four percent on Friday.
The show of confidence from Wall Street may also give Tesla breathing room in another way. Over the last year, some critics warned that Tesla was becoming such a basket case that it might struggle to raise money at all and be forced into bankruptcy.

So when Tesla need more cash, they raised 700 million more than they asked for and all sold in2 days, there stock raised 9% as well.

Not going broke yet, 11 years of constant bankruptcy must be working 

Sir lastnail wrote on May 5^th, 2019 at 10:29am:

yup Tesla is, as we speak, are building a factory in china as its the biggest market.

https://www.teslarati.com/tesla-model-3-s-become-first-evs-to-complete-one-lap-o...
A Tesla 3 competed in a cannonball run rally in the USA that was 6,000 km's over 7 days and 18 racetracks, it came 2nd in the sedan class and got 17th overall out of 77 entrants......
It continues to impress for just being a Family sedan

Prime Minister for Canyons wrote on May 21^st, 2019 at 11:32am:


Australia doesn't do mass-production cheap Asian/Indian labour pretty well.
Asian/Indian doesn't do 'neat, compact, independent, efficient, original, innovative' small Australian Business's very well.

Seems like success to me. 

Is this the same Tesla that will be broke in ten months?

How about some encouragement and enthusiasm for THIS


awww --- no jobs

owwww --- no Aussie car manufacturing any more

muhhhh --- buy Australian

DonDeeHippy wrote on May 21^st, 2019 at 1:00pm:



Just quoting Musk from yesterday's news --- 'Tesla will be broke in 10 months'


yep, the ACE EV looks pretty basic, but it's a start.  Interesting to read in the article that they believe 80% will be sold overseas

DonDeeHippy wrote on May 21^st, 2019 at 12:35pm:




Apart from the fact they are already making their own EVs.

As I said they will take over.

DonDeeHippy wrote on May 21^st, 2019 at 2:46pm:




Which is why I guess Jensen are the leaders in 4WD road cars...oh wait.

DonDeeHippy wrote on May 21^st, 2019 at 2:57pm:



I'm saying that being the 1st doesn't mean you get it right and therefore win.

Your're assuming everyone will want them. Personally I hate the idea of a self-driving car.

Which at this rate will be well after I die.

“We don’t want it to be really expensive. I think it’s got to start at less than $50,000, it’s got to be like $49,000 starting price, maximum, ideally less. … It’s got to be something that’s affordable. There will be versions of the truck that are more expensive, but you’ve got to be able to get a really great truck for $49,000, or less.”
The Ford F-150 pickup truck, the top selling vehicle (of any category) in the US starts at a base list price of $28,155. Although, with popular options, the average selling price is $46,700, and it can sell for over $70,000 towards the high end. If Tesla can produce a compelling base variant of its pickup truck for $49,000, with the inherent running cost advantages of an electric powertrain, that’s going to compete well on overall economics with the average overall cost of an F-150. Ford sold over 900,000 F-150s in 2018.

Go team Tesla, so far Tesla have always delivered on what Elon says and it's usually better, his biggest "problem" if you can call it that is announcing short timelines, but never has he announced anything less than what he has said....

Tesla Gigafactory 3 facts:
location: Shanghai, China
wholly-owned subsidiary (not joint venture)
construction was started in January 2019
initial construction should be completed by the end of summer
production of cars should start in second-half of 2019 (volume production from 2020)
initial target of 3,000 cars per week (between 1,000 to 2,000 per week by the end of 2019)
expected total investment: about $2 billion
purpose: production of affordable versions of Model 3/Model Y for greater China region (higher cost versions of 3/Y and all S/X to be produced in the U.S.)
battery packs will be assembled using lithium-ion cells from various suppliers, including Panasonic
expected volume: 500,000 per year