[volta]

The Chevrolet Bolt is planned to start production next year. It is going to be produced at a small-car plant north of Detroit with a planned run of 25,000 to 30,000 cars per year. The Bolt will most likely be produced in the same factory as the Chevy Sonic and Buick Verano. That factory has been operating below capacity recently.

By the time the Chevy Bolt makes production it may be competing with the Tesla Model 3 as well, depending on if Tesla is able to get that model on the market according to their own time table.

http://www.autoguide.com/auto-news/2015/02/chevrolet-bolt-to-arrive-in-late-2016-report.html

 

[Shuto]

Its not Tesla GM has to worry about, its Nissan with a range extended leaf...

 

[Roth33d]

I have a feeling tesla will be the lower volume runner up.

 

[Shuto]

I have a feeling tesla will be the lower volume runner up.

The Tesla car is vapor ware at this point. Its one thing making high dollar low volume cars for wealthier clientele...its another thing all together being held to the opinions of the lowest common denominator, delaer networks supporting the mass aspect of the 3, not to mention a distribution channel system and the small caveat of actually producing them in significant volume...somewhere...

 

[Roth33d]

Considering that, it's looking even worse for them.

GM is GM after all, they are a powerhouse that needs no explanation.

Still, i'll be interested in seeing how well tesla will do with this $30k product of theirs.

 

[Shuto]

Considering that, it's looking even worse for them.

GM is GM after all, they are a powerhouse that needs no explanation.

Still, i'll be interested in seeing how well tesla will do with this $30k product of theirs.

Tesla has been ok to this point because they're dealing in low volume high margin product, once you dip down to $30K you're playing the volume game, I don't see Tesla with the scale to operate efficiently and healthily down at those levels...

I think thats why you're seeing them feet dragging...

 

[Roth33d]

Indeed, it's like their first big move at going high volume, tough game to play with what we have already established here about them. Hopefully it works out for them but as many folks, my money is on GM having control of this segment.

 

[volta]

There will be growing pains at first for Tesla, but they will have to make a big move like this if they want to really grow and not stay as a smaller car company. They are building factories and making the investments. It's just a matter of having all those investments returning dividends in a timely fashion.

 

[Shuto]

Suppliers say the Bolt qwill be in stores for q1 2017, meaning production begins in late 2016...

"The message from consumers about the Bolt EV concept was clear and unequivocal: Build it," GM North America President Alan Batey said in prepared remarks at the Chicago auto show.

Supplier sources told Reuters that Bolt production will start in October 2016 and sales would likely begin in early 2017.

 

[Shuto]

There will be growing pains at first for Tesla, but they will have to make a big move like this if they want to really grow and not stay as a smaller car company. They are building factories and making the investments. It's just a matter of having all those investments returning dividends in a timely fashion.

Much of Tesla's success isn't success as a car company, its success selling shares...Wall street is starting to see the cracks in the armour... like for instance predicting earnings of 35 Billion by 2025... Thats selling 8 million plus cars at 10% profit margin...

Let me put it to you this way, Largest Automakers by sales 2014

Toyota: 10,285,546 (1.7% growth)
Volkswagen : 10,140,000 (4.2% growth)
GM: 9,924,880 (2.2% growth)
Nissan Renault Alliance: 8,470,610 (2.5% growth)
Hyundai Group: 7,869,634 (5.2% growth)
Ford: 6,323,000 (-0.1% growth)

Tesla sold 17,000 cars in 2014... to put THAT in perspective Tesla will need to achieve FIVE THOUSAND PERCENT GROWTH (YES 5,000%) over the next 10 years to achieve that absurd goal...

 

[volta]

Much of Tesla's success isn't success as a car company, its success selling shares...Wall street is starting to see the cracks in the armour... like for instance predicting earnings of 35 Billion by 2025... Thats selling 8 million plus cars at 10% profit margin...

Let me put it to you this way, Largest Automakers by sales 2014

Toyota: 10,285,546 (1.7% growth)
Volkswagen : 10,140,000 (4.2% growth)
GM: 9,924,880 (2.2% growth)
Nissan Renault Alliance: 8,470,610 (2.5% growth)
Hyundai Group: 7,869,634 (5.2% growth)
Ford: 6,323,000 (-0.1% growth)

Tesla sold 17,000 cars in 2014... to put THAT in perspective Tesla will need to achieve FIVE THOUSAND PERCENT GROWTH (YES 5,000%) over the next 10 years to achieve that absurd goal...

Yea, I do believe the stock value is inflated by quite a bit. Who knows what 10 years will bring though. Ten years can be quite a long time. A lot could happen (or not).

 

[Roth33d]

Putting it into numbers that like sure make you think, and really think about how and if they ever will reach that level and in 10 years... at the current state that looks slim to me.

 

[volta]

I just think about how fast some companies have grown. Apple for example. 10 years ago there was no iPhone.

All I'm saying is that Tesla could see explosive growth, not that it is necessarily going to.

Really I do think that the stock price is just way to high riding on Elon Musk's personality and Tesla's brand.

 

[Roth33d]

That is true, might just be a matter of time and the right models, first thing I think we all can agree on is them getting key models out to the market

 

[Bazinga]

Short update for everyone, word is that the Chevy Bolt is going to be a 50-state vehicle at launch.

 

[volta]

Short update for everyone, word is that the Chevy Bolt is going to be a 50-state vehicle at launch.

That's actually pretty significant since many EVs are first released in California, then the other states that use California's regulations, then everywhere else.

 

[Bazinga]

Doesn't it mean that it'll launch at the same time in 50 states and not just California first?

 

[Roth33d]

It more than likely has to be because of how much more practical EV's are along with this being a cheaper vehicle. Smart move.

Volume products always need this sort of massive launch, especially when the time is right.

 

[LightningBolt]

Chevrolet will need to stockpile a lot of Bolts before the official 50 state release. If they are stockpiling completed units, they could be going into production very soon.

 

[Bazinga]

If the Bolt is set to be released in the states in q1 2017, how long will Canadians have to wait... Granted the U.S. will be the beta testers for the first few batches but it's still a long wait.