EV general discussion

b0rn2sk8 said:
It’s confirmed, Tesla’s shareholders are officially insane. At least most of the institutional investors voted against so there is some decent amongst the ranks. That said, I can’t see Musk achieving achieving those goals anytime soon.
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The opposite really, if Tesla is currently worth $1tn and he wants $1tn if he gets the company to an $8tn valuation... Then as a shareholder your shares would be worth 8x what they are now.

When it gets to $7.5tn valuation think about selling... Win win.
 
Musks a major shareholder can he realise/liquify those gains either, without notifying the market, that might then devalue/sell shares if they are not happy with him
so would be a virtual trllionaire in that respect - I vote for company name change to Tyrell corporation.
(Buffet surreptitiously got out of BYD)
 
jpaul said:
Musks a major shareholder can he realise/liquify those gains either, without notifying the market, that might then devalue/sell shares if they are not happy with him
so would be a virtual trllionaire in that respect - I vote for company name change to Tyrell corporation.
(Buffet surreptitiously got out of BYD)
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How can you vote for a company name change? Are you on the board?
once again buffet's investment company gained billions on the sell off of their shares so they lost nothing.
 
Teknobry said:
The opposite really, if Tesla is currently worth $1tn and he wants $1tn if he gets the company to an $8tn valuation... Then as a shareholder your shares would be worth 8x what they are now.

When it gets to $7.5tn valuation think about selling... Win win.
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That’s a big ‘if’ based on the companies current performance.

As a long term shareholder giving away 1/8 of your 10 year gain to the CEO seems somewhat mad, perhaps even cult like, no matter how ‘good’ you think they are.

To keep the maths simple, say the shares are worth $1 so $8tn valuation there would be 8tn shares.

They then issue musk $1tn of shares, the company isn’t suddenly worth $9tn, it’s still worth $8tn, your shares are diluted down from $1 to $0.88c and your ownership share also drops 12%.

Even just 2% of that over the 10 years ($200m/year) is still a pretty obscene pay packet (not withstanding he owns 12% of the company and will benefit massively from the gains anyway).

I think our beloved leather jacket wearing CEO of Nvidia which has grown ~2500% over the last 10 years is ‘only’ on $50m/year.

It’s obscene, there is no question about it.
 
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brave new world of diy ev repairs (that's why the hyundai 5 fluid change/service is expensive)



jpaul said:
seems a warranty that includes AC charger is useful for stellantis - innocuous but essential;
I think several people related charger failures on other brands too though, back down thread MG ...
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jpaul said:
brave new world of diy ev repairs (that's why the hyundai 5 fluid change/service is expensive)

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Why isn't this covered by warranty or are Stellantis that rubbish? Toyota does ten years as long as you service with them and Kia is 7 iirc?

As someone who considers himself handy with the spanners but has also been punched in the heart with a dodgy ignition lead in my younger years he is definitely brave!
 
Demon said:
2 colleagues in work have them, so does my brother, what’s the question? I can pass it on..
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Basically, are there any huge negatives to owning one? (Ignoring any Musk-related politics which I don’t care for).

Is the suspension ok to live with, alongside those big wheels? Any other issues to consider?
 
Suspension is firm like all pre-2024 model 3’s, tyres are cheap but it’s a 400hp+ car so that’s to be expected.

The stock alloys are a bit soft and the rim protrude beyond the tyre slightly so if you touch a curb, it’s going to be expensive. I’ve seen reports of people cracking rims going down large potholes.

I’ve also seen reports of the clear coat on the carbon spoiler failing on some cars so have a look at that.

Other than that, it’s probably the cheapest car that can do 0-60 in 3.5 seconds that you’ll ever own.

Model 3‘s in general are pretty reliable and are very much a known quantity when it comes to repairs. Other than wheels, tyres and the motors the older ones are pretty much the same as the non performance models. The motors are technically the same on most models, they just have a higher output programmed into them.
 
Spleen Sauce said:
Basically, are there any huge negatives to owning one? (Ignoring any Musk-related politics which I don’t care for).

Is the suspension ok to live with, alongside those big wheels? Any other issues to consider?
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Pretty much as @b0rn2sk8 says.

My brother had a slew of faster cars, M5, M4, TTRS RS6 etc and ended up in a Modle 3 Perf and loves it.. suspension compared to some hotter cars is quite refined, but coming from a quashqai or something and its quite firm..

Carbon spoiler peeling is a thing, my brother had his replaced and he has had a battery pack replaced, but that is very rare...

I'd definitely go for a the facelift model, with the ryzen processor and revised interior (not the new highland).

Other then that, they are insanely quick and most people love them.
 
If money is no object I would get the highland m3p instead of the older non-highland m3p, stalks aside, which can be retrofitted.

The non-highland m3p is not that special when compared to their "normal" counterparts.
Whereas with the highland m3p, you get a different body kit, adaptive suspension and a bigger touchscreen.
 
tamzzy said:
If money is no object I would get the highland m3p instead of the older non-highland m3p, stalks aside, which can be retrofitted.

The non-highland m3p is not that special when compared to their "normal" counterparts.
Whereas with the highland m3p, you get a different body kit, adaptive suspension and a bigger touchscreen.
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It’s also far too expensive and I don’t want to lease or finance it. We’ve sold our other car, wife now has the Model Y so I’m looking at a 2022 M3P. Probably certified used Tesla if I can find one for a reasonable price.
 
Spleen Sauce said:
Probably certified used Tesla if I can find one for a reasonable price.
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I bought an AUC model 3 LR AWD
When I looked the auc models were about £4k more expensive than non-auc models of the same mileage. But you do get the extra years warranty with auc.
If I were to consider only cars that had warranty then the prices were roughly similar.
 
bigmike20vt said:
is there anything wrong with the highland? I ask because it is the 1st time my dad has seen a Tesla and actually said "it's not as ugly as I thought they were"
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The highland is better in every single way except they are stalkless until very recently. Most people say they get used to it but you kind of don’t have any choice but to when you have just spent that much cash. :cry:

They are also much newer, so the down side is they are considerably more expensive.
 
tamzzy said:
I bought an AUC model 3 LR AWD
When I looked the auc models were about £4k more expensive than non-auc models of the same mileage. But you do get the extra years warranty with auc.
If I were to consider only cars that had warranty then the prices were roughly similar.
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Yeah there seems to be about a £3k difference between non-approved and approved on the M3P. Extra year peace of mind and EAP sort of off-sets it for me.
 
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