Tesla Model 3

“Tesla Demand Cliff” — Mistaken Logic? Tribal $TSLAQ Kool-Aid? Paid Trolling?

One year ago, when Tesla’s 3rd quarter 2018 production and delivery data came out, many Tesla critics were stunned — absolutely stunned. They had been saying for months that Tesla absolutely could not produce the number of cars Tesla ended up producing. They also said with great conviction that Tesla absolutely could not show a profit in the 3rd quarter, or any quarter. Tesla blew the criticisms out of the water with production, deliveries, and a solid profit.

Tesla Model 3 vs. Honda Accord — Comparable 5 Year Cost to Own

I published an analysis the other day showing the Tesla Model 3 undercutting the Toyota Camry on a 5 year cost of ownership forecast. The plan for a while has been to update these cost of ownership comparisons since prices, tax credits, and other matters have changed in the past several months. I honestly did not expect the Model 3 to come out on top after all of the changes, but it clearly did so in the comparison with the Camry. With that comparison in mind, it’s pretty certain where a similar 5 year cost of ownership comparison with the Honda Accord is going to go.