ZEEKR unveils 7GT with 10 minute charging and 825 km range 500+ miles, 10 minute charge, Y competitor. $27k ish in China. Will it affects Tesla sales in China or will the prestige of Tesla be enough? OK Elon, make something similar.
unveiling is one thing, long term reports are another. tesla china sales will no doubt be more political than engineering
The Chinese market is saturated with its own electric cars. The war with tariffs will lead to isolation of manufacturers from reality. It is worth remembering that modern production uses a lot of rare earth metals, and 70% of these metals are mined in China. Xiaomi SU7 sold out for 2024 within 24 hours
Innovation has a familiar path: 1 hour - R&D discovery 100 hours - to make a demo or prototype 10000 hours - manufacturing the new product 1000000 hours - to take over the market Adoption of a new technology typically follows an "S" curve: But not all "S" curves are identical: So it may be premature to claim Chinese market saturation as my understanding is sales rates continue up the steep part of the adoption curve: One side effect, the Chinese encourage EV innovation. Unfortunately, there is evidence that EV innovation (and innovation in general) has faded in the USA. Bob Wilson
A billion Chinese need to be somehow moved from home to work and back, and the economy needs to be developed. Having calculated the costs of buying oil and mining coal, the Chinese have placed their bets on green energy, and are not changing horses midstream.
Like the Chinese, I agree: ~25 MPG my new 1991 Camry, manual transmission ~52 MPG my used 2003 Prius, new 2010, and new 2017 Prius Prime ~100 MPGe my used 2014 BMW i3-REx and used 2017 BMW i3-REx ~130 MPGe my new 2019 Tesla Model 3 Soon as my solar roof becomes operational, my EV miles around town will be free. Bob Wilson
This would only be the case if the roof itself were given to you for free. Consider that you took out a loan, and the roof will help you pay back this loan.
China has a robust, cheap, public transportation system that's clean, safe and on-time. A nice family car is more of a status symbol, luxury, than a need over there. The hurtles and expenses of owning, driving, and maintaining a car there can easily approach the same cost of monthly apartment rent. That's before factoring in car payments - that would be separate; but I'm also including parking space rental.
I own the house, free and clear and paid for the solar project with my TSLA stock sale last year. Bob Wilson
The solar roof cost you the opportunity cost of the money it took to install it. You could have invested in something else. That something else could be earning you money. OTOH you will get a tax break. It is the same when I buy cars for cash. They depreciate. So does a solar roof only slower.
Tax break and a lower cost for power over 25-35 years. In my case, zero power bill costs and zero fuel cost for 98% of my driving.
Selling the TSLA stock incurred a significant capital gains tax liability. The solar roof credit zeroed that and gave a $9,000 refund. As for operating costs, I am projected to save $200 a month … tax free. My EVs are already less than 1/4th the cost of gas and 1/2 the cost of my last Prius. $0.12 per kWh. Bob Wilson
I feel for your capital gains tax. I sold some IRA stock fund to buy bonds on Dec 31 and paid $50k more in taxes this time around. Interestingly, the IRS just sent me a letter and check saying they (really Turbo Tax) had miscalculated and here is $271 back.Now they want me to pay quarterly when that was a 1 time transaction. Usually I get $3k back so I'm going to ignore.
Yep; the IRS doesn't like to wait for their money; but more than happy to take your money. As long as you fall below their penalty threshold; when you owe them money - you'll be fine. I think your penalized if you owe more than $1K in two consecutive years.You get a pass when that happens in your first year. I look at solar as prepaid energy cost. I'm also paying $0.12/KwH and there's no way I could cost justify a solar array on my roof, here in sunny CA. If I lived in PG&E energy district, the math would come close. Your never sure if what's penciled out is actually going to happen, solar panel efficiency degradation, cleaning the panels, repair, and maintenance is rarely calculated in the math. I suppose you can say the same for energy price increases too. But there's no up front capital outlay for that. IMHO; trying to claim that it cost you nothing; sounds like your trying to rationalize a bad decision. I'm a glass half-full type of guy and waited a year, before I said I got a good deal on my Prime. Needed the federal rebate to clear on my taxes ($7K bottom line credit - not an itemized deduction, like donating a car to charity). No offense; Just my 2-cents.......
