Will most people be driving a Tesla in 2022?

Redwurzel

Redwurzel

Well-known member
Just looking at the share price of Tesla - its gone up by a factor of 10 in 12 months from $44 to $447.

The company is worth more than the rest of the Motor industry put together (or close to it).

Tesla is just the car division of Elon Musk's business empire as far as I know. (Solar power, space travel are other business interests)

Its rare for me to see a Tesla on the road - less than 1 in 100 in 2020.

Their sales must have to rocket over the next 12 months to justify the current share price. I mean have 50% market share of new cars. I know 1 or 2 on here have ordered Tesla's. but I would be interested to know from car drivers on here, are you buying a Tesla as your next car, not thinking of, but going to.
 
Redwurzel said:
Just looking at the share price of Tesla - its gone up by a factor of 10 in 12 months from $44 to $447.

The company is worth more than the rest of the Motor industry put together (or close to it).

Tesla is just the car division of Elon Musk's business empire as far as I know. (Solar power, space travel are other business interests)

Its rare for me to see a Tesla on the road - less than 1 in 100 in 2020.

Their sales must have to rocket over the next 12 months to justify the current share price. I mean have 50% market share of new cars. I know 1 or 2 on here have ordered Tesla's. but I would be interested to know from car drivers on here, are you buying a Tesla as your next car, not thinking of, but going to.
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But business value isn't directly proportional of current market share is it. That is just a factor.
There are many many factors which dictate a business value including:

  • Opportunity to grow (which Tesla have in abundance)
  • Profitability - I have no idea whether Tesla are currently making profit or loss
  • Strength of Brand

etc etc
 
Tesla's UK market share went from 2% in Oct 2019 to 10% in June 2020.

That's a pretty impressive growth rate.
 
Presumably you think OP when they become into the afford of the majority of people which they are certainly not at this present moment.
 
B_G said:
But business value isn't directly proportional of current market share is it. That is just a factor.
There are many many factors which dictate a business value including:

  • Opportunity to grow (which Tesla have in abundance)
  • Profitability - I have no idea whether Tesla are currently making profit or loss
  • Strength of Brand

etc etc
Click to expand...

It seems as though Tesla is stretching its lead in the electronic vehicle market. For, GM, et al seem to be struggling to produce anything other than hybrids which aren't really anything other than a short term kludge. They are spending loads of money designing them and marketing them though, so it's time and money wasted really. When Tesla produce vans and pick up trucks they'll stretch their lead even further.

Tesla's market capitalisation is more than the rest of the auto industry put together. It's pretty clear where the smart money is going.
 
Not on my radar at all. Too expensive and I see quite a few broken down or on the back of AA trucks etc it might just be numpties that have ran out of charge but it doesn’t fill me with confidence one bit.
 
2% to 10% market share is impressive I must admit. The motor industry has used market share as a key indicator of success for many years.

I am sure Telsa have a good profit margin on each vehicle they built a special solar powered factory to keep costs down. (interesting how they can import so many into Europe from USA - We were told the UK motor industry would struggle to sell into the EU if we were outside of the EU)

How many competitors produce a fully electric car?

How close are rivals to producing a fully electric car?

When will Ford, General Motors, VW Group. BMW, Nissan, Toyota, Honda, Hyundai, Fiat, Peugeot etc have similar fully electric vehicles?
 
As soon as the battery is developed to run them for long distances without a lengthy charge time I would imagine. Though the oil industry will have a lot to say (and do) about it.
 
Soutra said:
Tesla's UK market share went from 2% in Oct 2019 to 10% in June 2020.

That's a pretty impressive growth rate.
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I think that must be growth not market share, only 4.7% of vehicles sold this year are electric.
 
No intention to buy one. Everything I have ever had that relies on batteries has a lower charge holding life a few months down the line. These may be different but not really looked into them.
 
I was talking to someone who works at Drax and he said that there simply would not be the capacity to power the amount of electric cars predicted to be on the roads.
 
Cappachoochoo said:
Not for me , horrible looking things
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S

Subjective of course but I think they're beautiful and I am not into cars at all.

For me its actually the safety features available that draw me to Tesla. I'm not at all of a nervous disposition but whenever I drive on the motorways in the UK I'm anxious as **** at the lunatics that drive bumper to bumper at 70-80mph and the number of people hogging the middle lane at 60mph.

I've travelled from the South East to Middlesbrough 6 times in the past 8 weeks and every time along the way there's been a collision of some sort. Some of the driving I've captured in my dash am is dreadful and scary.

Whether it's Tesla or other manufacturers the development in technology to make us all safer on the road cannot come soon enough
 
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Agree Emerson that driving standards and behaviour are bloody deplorable and obviously for those who have to drive long distances this is a huge problem/issue. We are lucky that we basically pootle around minor roads and long journeys are made by train
 
Picked up my Tesla this week. I honestly belive Hydrogen fuel cells vehicles are the way we should be going but the choice and refueling infrastructure is beyond limited.
I genuinely get surprised at people who use the "range" excuse to not buy EVs. To use that as an excuse means you must be doing at least 3, 300 mile plus journeys a week. In which case, yes, you still need a diesel . For everyone else though the range is entirely adequate for commuting and day to day use.
 
BTW if anyone does decide to buy one, get in touch. I'll give you me referral code for 1000 free supercharger miles
 
Their share price is incomprehensible compared to even the wildest forward earnings forecasts.
I made a big profit on their meteoric rise and have sold enough shares to recoup my investment. The rest I will let ride. I do believe they are the epitome of a "bubble" which will burst at some stage, but who knows when and to what extent. I'm happy to remain a shareholder in such a disruptive innovative company.
Don't want to own the car, though
 
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