What should I buy instead of Tesla?
Who is the biggest Tesla competitor
Tesla Competitors: 7 Rival EV Stocks to Buy
| Company | Implied upside from May 8 close |
|---|---|
| General Motors Co. (GM) | 108% |
| Toyota Motor Corp. (TM) | 23.7% |
| Ford Motor Co. (F) | 74.7% |
| Ferrari NV (RACE) | 1% |
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What is the downside of buying a Tesla
Steep price – "The initial investment for a Tesla can be steep," he notes. Prices for a base model start at about $40,000 and go up to well over $120,000. Charging can take time – A full charge can take 30-60 minutes at a Tesla Supercharger compared to about 5 minutes for a gas-powered vehicle.
Who is the closest rival to Tesla
Top Competitors of Tesla IncNissan.Toyota Motor Corporation.Ford Motors Company.BMW.Honda.Audi.General Motors.
What competes with Tesla 3
Battery-electric cars like the Tesla Model 3 are less prevalent. The BMW i4, Chevrolet Bolt EV, Hyundai Ioniq 6, Nissan Leaf, and Polestar 2 are currently available electric car models most like the Model 3.
Is Lucid better than Tesla
Lucid Motors Are Innovating More Than Tesla
And they have done in the range department, with the sensational Lucid Air Dream having an EPA range of 520 miles. Something that trumps nearly everything in the Tesla range. This is thanks to its huge battery, and the innovative and compact motor setup.
Is it a good time to invest in Tesla
The EPS Rating for Tesla stock is 93 out of 99. The market status is showing a "confirmed uptrend." Tesla stock has formed a valid base but TSLA is not a buy right now. However, Tesla stock is signaling a move above the 200-day line and 200 level and is approaching its current buy point.
How long do Tesla cars last
Your Tesla Can Last for Over a Decade
If you're an average driver, you can expect to drive your Tesla for more than a decade before you think about a battery replacement. Beyond that, your Tesla can clock over one million miles if you replace the batteries and motor.
What is Tesla maintenance cost
According to RepairPal, the average Tesla maintenance cost is $832 per year. That compares to an average of $652 per year for all car models sold in the United States. Depending on which services your Tesla needs, you may end up spending much more than the average car owner on yearly maintenance needs.
What is the rival electric car company to Tesla
Tesla's largest worldwide competitor to date is China's BYD (BYDDY) , which produces the most amount of clean vehicles in the world with its battery powered vehicles and plug-in hybrids.
Does Tesla have a competitor
Asked about Tesla's competition on the Q4 2023 and full-year earnings call, Musk replied that he respected carmakers in China, which he believes are the most competitive in the world. While he did not identify any Chinese automakers by name, he was likely referring to rivals like BYD, Nio and XPeng, to name only a few.
Is Tesla better than other electric cars
It accelerates fast. One of the key features of an electric car is its acceleration, and Tesla is no exception. The company's Model S, for example, can go from zero to 60 miles per hour in 1.99 seconds. And its Model X SUV can do it in 3.8 seconds – or 2.5 seconds with plaid mode engaged.
Why buy Lucid over Tesla
The Lucid Air outperforms the Tesla Model S in available options for maximum range on a single charge. Lucid offers up to 516 miles, nearly 30-percent more than Tesla's highest range of 405 miles. Lucid's lowest option is also greater than Tesla's lowest option: 410 miles to Tesla's 396 miles.
Why is Lucid so good
In addition to the aspects already mentioned, the Lucid Air 2023 stands out for its impressive range, advanced battery technology, and smooth, quiet ride. Certainly, this is a luxury car from a company that wants to live up to the best of Tesla or Rivian by building its own identity based on permanent innovation.
How much will Tesla stock be worth in 10 years
“I think in 2025 it (Tesla) will be $500 to $600 (per share). And in eight to ten years, we ought to be somewhere around $4.5 trillion.” A market capitalization of $4.5 trillion would make Tesla more valuable than Apple and Saudi Aramco combined, a claim that Musk made in 2023.
What is the best stock to buy right now
ServiceNow, Inc. One of the best stocks to invest in right now may be ServiceNow.Alphabet Inc.Amazon.com, Inc.The Walt Disney Company.Palo Alto Networks, Inc.The Boeing Company.Prologis, Inc.Johnson & Johnson.
Do Teslas need alot of maintenance
Unlike gasoline cars, Tesla vehicles require no traditional oil changes, fuel filters, spark plug replacements or emission checks. Even brake pad replacements are rare because regenerative braking returns energy to the battery, significantly reducing wear on the brakes.
How much is a Tesla battery cost
between $5,000 and $20,000
Tesla battery replacement cost: A few tips
The most basic battery replacement for a Tesla costs between $5,000 and $20,000. This depends on the Tesla model you own. Replacing a Tesla battery in a Model S premium sedan can cost around $13,000-$20,000.
Why is Tesla insurance so high
Tesla cars are expensive to insure because they are expensive to buy and repair. Teslas have especially high collision coverage costs due to their high repair and maintenance costs, which are more expensive than other luxury or electric vehicles. Teslas can only be repaired at Tesla-approved body repair shops.
Do Teslas cost more to insure
Tesla car insurance costs more than many other cars. A full coverage policy on a 2023 Model 3 Tesla costs $2,503 a year on average, well above the national average of $1,682 for full coverage.
What is the new car that looks like Tesla
There is also a new all-electric bZ compact concept vehicle that looks a little like a small Tesla (ticker: TSLA) Model Y. Styling is always important. The Model Y is, after all, the best selling electric vehicle in the U.S. Taking cues from Tesla 's angular design sensibility and nose shape seems like a smart idea.