Tesla Model 3 – Green Hill Report

Washington (GGM) Analysis | January 29, 2020

by Noreen Wise After a ten year struggle to become profitable, Tesla nailed it in 2019. The 4th quarter was the turning point according to CNN. Some of the key factors for increased growth in consumer demand that put Tesla into the black are:

range
how long it takes to charge
how many public charging stations exist in local communities
and the EV car price

Every single one of these critical factors have moved in the right direction.

range increased with the new average at 200 miles per full charge
charging time went down significantly and now only averages a quick 20 minutes
public charging stations have mushroomed, not only businesses providing them in corporate parking lots to employees, but stores offering charging stations to consumers as a competitive advantage
EV car prices have dropped substantially

Climate action focused states such as New York, California, Connecticut and Massachusetts have crafted creative carrots and stick, incentives and regulations, creating a patchwork of solutions that are driving results. Very happy for Tesla to finally experience the upside of being an innovator, after schlepping through the painful wilderness for so long. In 2020, Tesla will have to face a much more competitive landscape, now that most of the obstacles in the EV marketplace have been eliminated. The following is CNET’s Road Show’s official 2020 EV lineup by range:

Tesla Model S |373 miles | $79,990
Tesla Model 3 | Long Range 330 miles | $44,500
Tesla Model X | 328 miles | $81,000
Chevrolet Bolt EV | 259 miles | $36,620
Hyundai Kona Electric | 258 miles | $36,990
Kia Niro EV (SUV) | 239 miles | $38,500
Jaguar I-Pace | 234 miles | $69,850
Nissan Leaf Plus | 226 miles | $36,550
Audi e-tron | 204 miles | $75,000
Porsche Taycan | 201 miles | $150,900
BMW i3 | 153 miles | $44,450
Nissan Leaf | 150 miles | $29,990
Mini Cooper SE | 110 miles | $20,000
Honda Clarity Electric | 89 miles | lease only

Very extensive options. But the Tesla Model 3 certainly shines amongst its peers.~

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Washington (Gallant Gold Media Hill Report | Analysis | August 19, 2019)
by Noreen Wise

It’s exciting to see EV cars suddenly begin taking off similar to the way the iPhone did a decade ago. The iPhone’s first release was June 29, 2007, with sales of 1.39 million units worldwide. Sales leaped to 11.63 million units sold within one short year. And by the five year mark, 2011, Apple pulled off a stunning success of 72.29 million units. Although EV car sales haven’t seen the same immediate sustained sales success as the iPhone, mostly because of the initial high price, short range, and no charging station infrastructure, now that those issues have all been addressed, the tide will change.

Key Improvements that are giving EV cars traction with American public:

Price has come down dramatically, several start at only $30,000
Range has increased substantially (can now drive up to 200 miles on one charge); the range will continue to grow
Charging stations are popping up all over the country
It now only takes 20 minutes to recharge a BEV
Many employers now have charging stations in the employee parking lot
EV drivers will save approximately $1,000 a year not buying gas, possibly more

In 2018, Americans purchased 361,3017 EV cars out of a worldwide total sales of 2,018,247. (U.S. sales in 2009 were a paltry 6,000.) Norway has had remarkable success selling EV cars with 40 – 58% of the population already owning an EV, with the expectation that as soon as 2025 100% of Norwegian driving public will own an EV.

China sales have picked up substantially, driving global success. In 2018, the chinese purchased 1.1 million EVs.

The 10 best selling EVs in U.S. in 2019:

10. Smart EQ fortwo – 496 units sold in 2019
9. Jaguar I-Pace – 1,309
8. Audi e-tron – 1,835
7. Volkswagon e-Golf – 1,893
6. BMW i3 – 2,207
5. Nisson Leaf – 6,008
4. Tesla Model S – 7,225
3. Chevrolet Bolt EV – 8,281
2. Tesla Model X – 9,000
1. Tesla Model 3 – 67,650

2018 was an amazing year for EV sales, with fall of course being the biggest sales months as new models roll off the production line. Based on June 2019’s strength, nearly matching November 2018, it looks like 2019 will be a record year.

Let’s GO! Let’s beat China!