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ea550ff70a | 3 years ago

I recently liquidated all my Tesla positions. I also plan to sell my Tesla next year. Was originally planning on a new Tesla but I have ruled them out completely too. The company has gone from being my favorite to the one I dislike the most in the span of a year.

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q1w2|3 years ago

Teslas being charged nightly on a power grid that's still largely powered by gas/coal is really just a status symbol. ...and with the limited range and limited lifespan, it was never a good financial investment either.

matthewdgreen|3 years ago

No, this isn’t really true. Even on a coal grid EVs are much more efficient than ICE cars. Tesla also kicked the major manufacturers into gear (finally) so in most ways it was a good investment. I think Musk is a fool and I’m disappointed in what he’s done to Twitter, but I won’t take that away from him. This does not, however, mean Tesla is essential or properly-valued going forward.

The actual question is: why was he able to walk into that area and do so much better than experienced traditional automakers. I’m starting to think that the answer is not Musk’s personal competence.

dekhn|3 years ago

I believe, with few exceptions, that charging EV cars from the power grid consumes overall less power than the equivalent travel distance from ICE cars. If that premise is not true (it would be extremely hard to truly calculate the fully loaded costs of either) then much of the argument for EVs doesn't exist.

During the whole time of high gas prices over the last few months, I haven't refilled my hybrid- I've driven 8900 miles on 2.75 tanks of gas (14.5 gallons) and the rest has been electric charging. I am curious but have not computed whether this saved me any money, as electricity prices here are fairly high, but it's been wonderful to stay away from the gas station.

pytonslange|3 years ago

Even if that was the case I disagree. Not spewing particle-filled exhaust gases in my neighborhood is wort a lot. I believe caring for the local environment is as important as for the global env.