VW CEO drinking Tesla Kool-Aid?

[tintin]

VW's EVs "will be available for half the price of a Tesla and just as capable" 15 months from now. Yeah, right....

https://electrek.co/2018/10/26/vw-ce...2020/?pushup=1

[MikkiJayne]

I don't see why not tbh, given the amount of resource VW has to throw at it. Their entire diesel research budget for starters

Someone (oh it was you! ) posted a good article about it a while back, talking about while Tesla has good technology, they are still learning how to make cars in volume. One can't argue that VW has any problem with the latter, and Audi has most (all?) of the tech now. I think its really just a case of them figuring out how to make an acceptable amount of technology cheap enough to put in a Golf, and then sorting the battery.

I think we're not getting the model 3 until the end of next year? Given the pricing in the US it'll probably be £35-40K here, so can VW make an equivalent e-Golf for £20K by then? I wouldn't bet against them.

[briang9]

The mainstream manufacturers have been waiting in the wings, as MJ says they have the resources to make better and cheaper Tesla comparisons. It's only a matter of time really. EVs are still not my cup of tea though

[tintin]

I don't doubt they will be able to make some EVs for half the price of a Tesla: what I don't believe at all is that they will deliver the same capability in 15 months time.

And they certainly won't deliver Tesla volumes by that date - Tesla is now the biggest selling car manufacturer in North America by value.

Waiting in the wings is more like scrabbling to catch up - without any clear strategy on charging infrastructure or capability to deliver electric powertrain volumes. The next year will be even more interesting than the last two

[tonupkid]

Originally Posted by tintin

I don't doubt they will be able to make some EVs for half the price of a Tesla: what I don't believe at all is that they will deliver the same capability in 15 months time.

And they certainly won't deliver Tesla volumes by that date - Tesla is now the biggest selling car manufacturer in North America by value.

Waiting in the wings is more like scrabbling to catch up - without any clear strategy on charging infrastructure or capability to deliver electric powertrain volumes. The next year will be even more interesting than the last two

Totally agree.
As the months and years have spun by, Tesla has been building, in addition to electric cars and battery plants, an extensive network of chargers. The other manufacturers, as yet, have nothing. Nor do they have actual EV's, as opposed to vapour ware, that can credibly compete with Teslas offerings.

[Reffro]

Originally Posted by tintin

And they certainly won't deliver Tesla volumes by that date - Tesla is now the biggest selling car manufacturer in North America by value.
)

Tesla are neither the biggest selling Manufacturer in the USA let alone North America, nor do they have the highest revenues of any manufacturer. 17th by volume, 16th by revenue for Cars in the USA.

They may have huge market capitalisation, but they have bugger all cash left, huge liabilities and only squeaked a profit in Q3 2018.... and a whole of load of precedents pointing to a big fail.

Tesla got a march on the product, but haven't actually profited from it, nor are they likely too. The competition becomes so fierce from now on that Tesla will struggle to maintain a margin if they don't sort out their production, oh and did I mention the debt!

[tintin]

Originally Posted by Reffro

Tesla are neither the biggest selling Manufacturer in the USA let alone North America, nor do they have the highest revenues of any manufacturer. 17th by volume, 16th by revenue for Cars in the USA.

They may have huge market capitalisation, but they have bugger all cash left, huge liabilities and only squeaked a profit in Q3 2018.... and a whole of load of precedents pointing to a big fail.

Tesla got a march on the product, but haven't actually profited from it, nor are they likely too. The competition becomes so fierce from now on that Tesla will struggle to maintain a margin if they don't sort out their production, oh and did I mention the debt!

Here's the source Reffro, so don't shoot the messenger, even if I was talking about sales by value, not volume.

https://electrek.co/2018/10/24/tesla...#disqus_thread

I'm surprised you think they're likely to have a big fail, given your knowledge of the industry: (some) people have been predicting this for years, and they're way more viable now than they've ever been - e.g. the margins on the Model 3 are higher that of those from traditional other makers - unless you're disputing that too - which is (one) of the factors behind their market cap.

[briang9]

Originally Posted by briang9

The mainstream manufacturers have been waiting in the wings,

https://www.pistonheads.com/news/ph-...-tron-gt/39208

Just for info..

Don't want to kick off the whole ICE v EV debate again please, think we know on here who are evangelistic about EVs and those who are not, and I suspect no amount of debate (factual or otherwise) will change that

[tintin]

Originally Posted by briang9

https://www.pistonheads.com/news/ph-...-tron-gt/39208

Just for info..

Don't want to kick off the whole ICE v EV debate again please, think we know on here who are evangelistic about EVs and those who are not, and I suspect no amount of debate (factual or otherwise) will change that

"the future is actually about 18 months away. That's because this e-tron GT make production in 2020". Yawwwnnnn.....that's another 18 months away. Again.

Funny how time seems to stand still for some of these Tesla killers .

It looks like a Model S to me, which will have been on sale for 8 (eight!!) years by the time this lookalike arrives.

Turning automotive supertankers round seems to take a very long time - 2020 is when the Tesla Roadster will (allegedly...) go on sale.

Keep up ICECo's....

[briang9]

Originally Posted by tintin

It looks like a Model S to me,

It's based on a Porsche Taycan, another advantage traditional maufacturers have is they can share platforms..

Oh and they may keep adding 18 months to their timescales as they know there is little demand yet for EVs and they can continue to make lots of money selling ICE cars