Tesla vs. NYT
Thoughts?
NYT: http://www.nytimes.com/2013/02/10/automobiles/stalled-on-the-ev-highway…
Tesla: www.teslamotors.com/blog/most-peculiar-test-drive&
I'm wondering why no reaction visible to the rebuttal in the price of Tesla? I'd expect it to easily go above the price before the piece published by the end of today (target $40, 38.60 at time of writing)
Methinks they doth protest too much.
The data seems clearly in support of Tesla, and this is pretty blatant libel if the data is valid. Loss of credibility on NYT's part might be minor as it's just one writer, so shorting may be an overreaction, but no reason not to expect Tesla to recover from restoration of credibility.
Personally, I'd definitely get in on Tesla now (if I had any money, anyway)
But it is Tesla's data and it hasn't been audited, so I don't necessarily take it at face value. And a libel lawsuit they filed against Top Gear was recently thrown out for being without merit.
Tesla makes really cool cars. But that doesn't mean that they're necessarily high quality or economically viable. They just haven't been on the road long enough among a wide number of users.
There's probably a reason that borrowing their stock is so expensive.
Copying what I wrote on another page:
Using the first graph in that link, I take the vertices of each end of the charge (stopped charging and started charging), and reading the Y axis, to be 270,130, 242,0,185,20,35,0,220,175. Subtracting second from first, 4th from 3rd etc, and summing the result gives me 627 miles as indicated range. The actual mileage of 530, is short of this. Taking individual samples as reference points, the second charge, from 242 to 0 , only covers 200 miles, in what appears to be a near straight line in reference to the gradient i.e. constant speed. They've also deflected the argument away from the claims that temperature has a significant impact on battery performance, which the cars data seems to support. Not to the extent that the NYT journalist claims.
The 2nd graph has confused me. What's it trying to show? That in 1 section of a 500 mile drive he spent time in a car park? Yea I do that too....
basically, they've not shown the battery isn't affected by cold temperatures, which any idiot with an iphone/ipod can prove by putting it in the fridge for 10 minutes, it will go near flat (warming it up against recharges it instantly)
What confuses me is how anyone could think the liberal, leftist NYT is anything but shit to begin with.
Tesla is a short in my mind. I haven't looked at the data recently but from my analysis (which I have no professional qualifications and can easily be blown out of the water by someone on this website) I think they have a big hurdle to overcome as a company because of their small economies of scale, lack of experience in large scale production, unique service and dealer set up which is yet to be proven successful, loans from the US Govt, problems such as this one with the technology, etc.
If there was a massive recall on a battery or part, I can't imagine the logistical nightmare for owners and Tesla.
Wouldn't say its a short at this point, but yeah the overall picture looks like a pennystock: unproven, one trick pony, riding on a fad, negative earnings.
http://wheels.blogs.nytimes.com/2013/02/14/that-tesla-data-what-it-says…
Well, I was wrong. It's at 37.35 right now after the response from the NYT. I wonder exactly how people decided which they felt was believable / actionable.
People who assert that the NY Times journalist was BSing need to explain exactly why a lefty NY Times journalist interested in energy issues would want to attack the latest hot thing in fuel-efficiency. I'm sure there are discrepancies between what he remembers and what Tesla's logs show, as memory tends to be fallible (he asked them for the logs so he could fact-check before his article; they didn't give them to him). In addition, Tesla's logs are not necessarily accurate, or accurately reported. But even if he isn't exactly right in his recollections, what is clear is that a journalist who is by temperament inclined to be well-disposed toward Tesla had an extraordinarily frustrating time trying to get through a very simple road trip. If a journalist on the phone regularly with Tesla HQ couldn't make such a simple journey without all these disasters, how likely is it that the average driver can?
It seems to me that Tesla has a long way to go before their cars are even remotely practical. I have no doubt the technology will get there, but right now they just seem difficult.
This is probably a stretch but the thought did cross my mind earlier - if the car was running on really shitty low battery and even went as far as to [allegedly] shut down, how reliable are the diagnostics the internal computer was having to keep track of? At some point I gotta imagine it would start giving inaccurate readings or not read for a period of time at all... though the only time it actually lost all power was near the very end of the trip according to the journalist, so maybe more the thought of how accurate the readings would be at really low battery. I know my computer moves a lot slower when I'm low on power... I wouldn't think this is a breakthrough that says Tesla is totally full of shit if it was the case, but something to consider. Neither side can really convince us that they're the ones telling 100% of the truth at this point.
Lol
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