An Evergreen Novelty Resurfaces, Yet Again

At Easter, DTW came across a Tesla Model X parked in a field in France.

Elon’s Alphabetic Masterplan – Models S & X – Image : autoexpress.co.uk

From the start I was always very open-minded about Tesla, and generally feel that attitude has been vindicated. If, as I’ve been informed on various websites, it is just a scam, designed to relieve hard-working Americans of their ‘tax dollars’, it turns out to have been a remarkably long-running one that has cost Elon Musk an awful lot of money. Yes, it’s a pity that the Model S appeared rather mainstream and didn’t make more of its difference, but it looks reasonably imposing , well-proportioned and well-detailed, with a bit more presence to my eyes than a Jaguar XF. From reports, there are some things that, as a start-up manufacturer, they have overlooked and I am not sure how much I’d enjoy a car whose controls are so dominated by a huge touchscreen, bearing in mind the various glitches I’ve encountered with iPads and their like. Nevertheless, as viewed from afar, Tesla’s progress has been hugely impressive. The sight of two Model S’s plugged in to the Superchargers at Folkestone Eurotunnel the other week was testimony to the owner’s confidence that they were up to a long-range trip. But then I saw a Model X close up. Continue reading “An Evergreen Novelty Resurfaces, Yet Again”

Received Wisdom

The received wisdom is that large cars don’t look good in bright colours. I think the truth is that some people like bright colours and some people don’t.

2016 Tesla Model T in Denmark recently.
2016 Tesla Model T in Denmark recently.

In the same way, coffee is more popular than tea. That doesn’t mean tea is “wrong”. This stridently yellow Tesla T is, in my view, rather wonderful. Let us all now wax lyrical about mustard coloured Mercedes and Mimosa Yellow and Chrome Yellow. Continue reading “Received Wisdom”

Efficient Markets And The Tesla Gamble

Last year Bloomberg and, I suppose everyone else, asked will Tesla ever make money? They lose $4000 on every model S they sell. What else could they have done with the money?

Solid investment?: source
Solid investment?: source

As anyone who reads the financial news knows, the world´s economy is awash with cash and has been for almost a decade. The Bank of Japan is so keen to get people to spend their lucre that they are now charging negative interest rates. The surplus of cash has led to commodity and asset bubbles as far as I can tell. Want to know why a zero-bedroom windowless chamber in London costs £800,000? Continue reading “Efficient Markets And The Tesla Gamble”