Porsche Mission E set for launch by 2020

[Perfectlap]

Originally Posted by Porsche9

The Model S is extremely impressive but it's not a sports car.

I don't think the deep-pocketed buyer of either 600+ HP car is really looking to drive either of these cars like actual sports cars.
That's the German sports car market in a nut shell, ditto for $5-$10K mountain bikes that never see a trail.
Deep pocket buyers will be going for Tesla Model S or Porsche Mission E primarily because of the mix of technology and instant power on hand.
I don't think there's any way of avoiding the fact that the top Tesla option and the Mission E will be cross-shopped by those who can afford these cars.
Which means the Mission E is going to have to blow the doors off Tesla P100D or whatever, if its going to cost 4x's as much.

[Porsche9]

Originally Posted by Perfectlap

I don't think the deep-pocketed buyer of either 600+ HP car is really looking to drive either of these cars like actual sports cars.
That's the German sports car market in a nut shell, ditto for $5-$10K mountain bikes that never see a trail.
Deep pocket buyers will be going for Tesla Model S or Porsche Mission E primarily because of the mix of technology and instant power on hand.
I don't think there's any way of avoiding the fact that the top Tesla option and the Mission E will be cross-shopped by those who can afford these cars.
Which means the Mission E is going to have to blow the doors off Tesla P100D or whatever, if its going to cost 4x's as much.

Porsche separates itself in the market by being the sportest of the cars/SUVs in it's segment. We will have to see what they actually bring to market. Right now that's not clear with rumors being that it could even be the next 911.

Porsche also actually makes money on the cars they sell. Right now Tesla does not and it's not clear when/if they will. The new Model X (lookswise it's a turd) in my opinion isn't going to fix that. Believe me I'm routing for Tesla but succeeding in the car making business is exceedingly difficult. I can't think of a new car company succeeding in recent history.

BTW, Apple wasn't always first to market (iPod, iPad, etc.) but have many times taken a concept and been able to excute on it much better then their competitors and bring to market products people want at a premium price. Porsche wasn't close to being first to the market with SUV's but I think we can all agreed they have been successful.

[Perfectlap]

Originally Posted by Porsche9

Porsche also actually makes money on the cars they sell. Right now Tesla does not and it's not clear when/if they will. The new Model X (lookswise it's a turd) in my opinion isn't going to fix that. Believe me I'm routing for Tesla but succeeding in the car making business is exceedingly difficult. I can't think of a new car company succeeding in recent history.

Earnings have become harder and harder to come by for any publicly traded business.
The first that comes to mind is Amazon. I've tracked my purchases with this company ever since the late 90's. They are in the rare position of being one of the few companies who get more of my money each year than the previous year. I have basically stopped supporting corporate brick and mortar chains, Amazon is getting nearly all of that money.
Yet where are the earnings? I think El Chapo escaped with them when he broke out of prison. Tesla will never make money probably. Things are different now, it's about market share. Tesla will dominate the alternative to the IC engine car. Once their battery factories are in full swing the whole vehicle pricing equation changes and it's not just a rich person option anymore. And low gas prices will end at some point, I think the end of China's one child policy will be a big role in this -- they will be consuming more of everything for generations to come. Ditto for India who are a bigger threat to U.S. employment, both blue collar and white collar. The combination of India and China spending more per person will put the expectation of demand back in favor of oil suppliers and speculators so gas prices will once again be high at some point while the average U.S. worker's pay check is stagnant for the forseeable future since we don't manufacture anything at a large enough scale to employ everyone. I predict a big enough chunk of these middle income workers will get tired or fearful of these very volatile swings in oil prices and look for vehicle options that allow them to make a fuel budget and stick to it. We're the Saudi Arabia of coal, making electricity with more stable price action will never be a problem here. I think Musk knows its just a matter of waiting for all this to fall in line.

[Porsche9]

Originally Posted by Perfectlap

Earnings have become harder and harder to come by for any publicly traded business.
The first that comes to mind is Amazon. I've tracked my purchases with this company ever since the late 90's. They are in the rare position of being one of the few companies who get more of my money each year than the previous year. I have basically stopped supporting corporate brick and mortar chains, Amazon is getting nearly all of that money.
Yet where are the earnings? I think El Chapo escaped with them when he broke out of prison. Tesla will never make money probably. Things are different now, it's about market share. Tesla will dominate the alternative to the IC engine car. Once their battery factories are in full swing the whole vehicle pricing equation changes and it's not just a rich person option anymore. And low gas prices will end at some point, I think the end of China's one child policy will be a big role in this -- they will be consuming more of everything for generations to come. Ditto for India who are a bigger threat to U.S. employment, both blue collar and white collar. The combination of India and China spending more per person will put the expectation of demand back in favor of oil suppliers and speculators so gas prices will once again be high at some point while the average U.S. worker's pay check is stagnant for the forseeable future since we don't manufacture anything at a large enough scale to employ everyone. I predict a big enough chunk of these middle income workers will get tired or fearful of these very volatile swings in oil prices and look for vehicle options that allow them to make a fuel budget and stick to it. We're the Saudi Arabia of coal, making electricity with more stable price action will never be a problem here. I think Musk knows its just a matter of waiting for all this to fall in line.

Amazon I get. They are sticking every penny they make back into the business. This is a change from the past as investors generally have demanded actual earnings earlier. These days they seem much more patiencent with some types of business. Just don't let a equity firm get a hold of the business.

Agreed that electrics are the future of personal transportation. Even though the US has alot of coal that form of energy is being crushed due to cheap natural gas. We'll see what the future bring but it will certainly be interesting. With electrics I hoping for some exciting sports cars. So far I have not seen anythingI want but I am hopeful.