Will the Tesla bubble burst?

[bobfather]

Tesla cars are expensive when compared with other all electric cars but the game works because a lot of people are calculating ownership cost rather than purchase price. Assuming a high resale value could be an issue soon as people are starting to find themselves suffering battery life problems with reported bills in the region of $17,000 for replacement after five years or so. This was always going to be a future problem for these cars but I doubt that owners were anticipating such high repair costs

[x5tuu]

Only a matter of time until a proper mass market aftermarket solution is developed for this issue.

Lots of specialists in Tesla popping up and massively undercutting the cost of repairs from Tesla (which seem to be mega expensive!)

[POIDH]

I think the other issue they have is that other manufacturers have played catch up. The next round of motor and battery tech will match what has been Tesla advantage. And 'traditional' car manufacturers are also now offering different approach to interiors, functionality etc that will also match or exceed Tesla.

First to the market gets a head start. But it's only for so long.

[2 sMoKiN bArReLs]

It will be discovered that too many electric cars will make the moon crash into Milton Keynes. At this point Tesla will be blamed and that will be that.

[TheOctaneAddict]

Maybe one day, but only once people stop believing the hype and hanging on Musk's every word. Tesla were the first major EV company to have real success, but now that OEMS are catching up it wont be long before they lose favor.

[hyphen]

Tesla' s bubble grows bigger each time someone on the internet starts a new thread. OP has just added another Billion.

[TREMAiNE]

From what I've heard in US tests, the earliest Model S' have only suffered, on average, 7% battery degradation so far.

[anonymous-user]

The battery end of life problem isn't a problem just for Tesla, affects all EV's and Hybrids (probably to a lesser extent).

Buying a 2nd hand EV (out of manufacturer warranty) seems to carry a lot more risk compared to a conventional ICE car because of the battery condition, charge cycles left, etc and judging the impact on vehicle value because of the expected costly replacement.

As it is still early days in EV adoption the overall financials are still a bit of an unknown compared to ICE vehicles.

Does EV with knackered battery = new shed territory well at least until cheaper 3rd party non-OEM batteries appear. Considering the variability in quality of 3rd party batteries for cordless tools not sure I would be brave enough to buy a 3rd party EV battery.

[Whatapex]

I've read somewhere that because the early cars had quite a few battery failures Tesla extended the warranty to eight years. If that's the case a cheap five year old car with a duff battery could be a very good deal
For me the bubble burst when i drove one,sure the acceleration is super fast but the interior finish was really bad and it is the dullest car I've ever driven.

[Summit_Detailing]

Opening up the Supercharger network to non-Tesla's in the near future will remove one of their biggest advantages over other brands.

[page3]

bobfather said:

Tesla cars are expensive when compared with other all electric cars

Really? They were one of the cheaper ones when I purchased last September.

[somouk]

Summit_Detailing said:

Opening up the Supercharger network to non-Tesla's in the near future will remove one of their biggest advantages over other brands.

This is the sole reason I've not jumped in to a Tesla. The risk they will open up the network and the charging points will be flooded meaning I end up losing the key benefit they have.

Ultimately Tesla are a software house that made a car, no other car company can keep up with the way they do things and I think it will still be 5-10 years until some of the new brands like Rivian are up to a similar capability. All the major manufacturers are held back by poor infrastructure in this country so Tesla will likely still be in their bubble and ahead of the game I think in 10 years.

[anonymous-user]

page3 said:

bobfather said:

Tesla cars are expensive when compared with other all electric cars

Really? They were one of the cheaper ones when I purchased last September.

This. Compared against their direct competition they’re very competitive.

The market is definitely catching them up overall, but they still have higher efficiency which means they go further on smaller batteries.

[hyphen]

somouk said:

Ultimately Tesla are a software house that made a car,

If it looks like a duck and quacks like a duck.... All cars have software in them.

Tesla are a manufacturer of cars/solar/batteries with a long play in FSD.

[bobfather]

It's a pity this topic got moved here, I was hoping for a discussion from outside the Tesla owners circle. Tesla owners have already made their choices and will therefore post in defence. Now the topic is here It's lost its purpose

[fttm]

Model 3s in Western Canada , good idea eh ? Minus 33C outside and your car will only reach -12C inside . Tesla blaming a mid December software update I'll stick with my V8s thank you .

[page3]

bobfather said:

Tesla owners have already made their choices and will therefore post in defence.

If you think that you’ve clearly not read any of the Tesla forums!

[annodomini2]

There's already a thread for this in the ev forum, where the haters can slag off to their hearts content.

No need for another.

[ChocolateFrog]

It's hard to bet against them but equally their USPs are disappearing fast.

The last main one being charging infrastructure, which I would bet most Tesla owners rarely use anyway.

[bobfather]

annodomini2 said:

There's already a thread for this in the ev forum, where the haters can slag off to their hearts content.

No need for another.

Wow, more than one thread covering the same topic and happening now on PH, that's a first