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Who on earth would want to buy a EV with a three year old battery. More examples of greenwashing:
https://hotair.com/tree-hugging-sister/2023/07/24/holy-smoke-and-mirrors-solar-panels-three-times-more-carbon-intensive-than-natgas-n566851
That is not a logical comparison. YoY price change doesn't factor in price change from purchase.
E.g.
New Tesla: £50k, +1 year £48k, +2 year £45k, +3 years £36k (Oh no a 20% drop!)
Other EV's: £50k. +1 year £45k, +2 year £40k, +3 years £35k (less of a drop in year 3 than tesla!)
The 'used' model 3 price 2022 is far closer to the new price than the other models are to theirs. Net 3 years in vs other models they might still be better off. Your ability to analyse data is poor to say the least.
You've been greenwashed Hippo. Don't forget to add the cost of depreciation to your oh so cheap domestic charging.
Not agreeing or disagreeing with any of the other points but second hand teslas hold their value very well in the UK, hard to get your hands on
Shame your car probably cost over £50k. A small 1000lb EV car battery takes 500,000 tones of ore to get at the metals required. Really green. And the second hand value of your Tesla is what - SFA. And as for charging, you don't get domestic rates at services, just a queue of bored holiday makers anxious to get on their journey.
What a load of uninformed twaddle PP! My Tesla costs 1/3 the price of diesel to charge at home, its off to Cornwall again on Thursday (321 miles each way) for the 4th time. I did over 1,000 miles last week in it on business and never once had any charging anxiety or issues, nor have I in 4 years of EV driving. Feel free to stick to diesel but put a hold on the uneducated misinformation you've been reading in the Daily Mail.
They will start a consultation programme shortly I expect to reduce staff numbers.
Surprised EDF is not taking action over the way the costs are out of control ,
Read the statement. They mention high staff costs a couple times and still no mention of leaning out the company. The staffing costs are outrageous for the revenue, how on earth do so many people produce so little output. They need a staff restructuring or at the very least a hiring freeze.
My 15yr old diesel can do >750m on a full tank at 50 - 55mph. I have zero range anxiety & the fuel doesn't evaporate away if I don't use the car for a month. I don't carry a 1000lb battery around with me all the time and I don't risk being engulfed in an runaway inferno in the event of a serious collision. I'm very happy not be be an owner of an electric. Competing connection standards is like VHS vs Betamax again & the best format doesn't always win.
Bit like petrol and diesel models their claims for mpg is totally exaggerated
Check the trade timings
Price dropped significantly though, but I'm not an expert on trade clearing
Looks like a buy to me
Did someone sell £750k worth of shares at market close?
I'll wait for 25p.
Definitely a takeover target. Largest ev charge point business! Similar companies that are even more loss making are valued in the billions. This is the nature of emerging tech.
Am in at this price
Unless they have got all the bad news out now its definitely going to drop more on monday
Knock off another £15m cash takes it to sub 28p at the very least & still not making a profit. Large layoffs coming. Tesla trying to dominate the market. Only upside is the London ULEZ expansion, otherwise it's pants.
Been watching this a while now, thought I had missed the boat when it shot up to a £1 last time. Probably kitchen sink it on results day, then hopefully build on from that. Expect to see around mid twenties buy in entry point. IMO
First time purchase this morning for me. No doubt EDF energy will be monitoring the situation as largest shareholder. Think there's intrinsic value that could lead to a bid sometime soon. Bracing for at least some positive outlook on Monday
Staff costs are so high because they predicted a huge ramping up of sales orders due to increased EV purchases..Now that the directors have screwed up everything,it would be expensive to make half redundant..They are living in hope business picks up substantially to more than cover their huge staff costs..However this will never happen as incompetent is the company motto
Downgraded my strong buy to a buy as management doesn't inspire confidence for me. That being said, despite a poor year, 2030 is still a huge target for a lot of EV production and related industries. At this price, i will still be buying as even with a couple of bad years, i believe damn will be forced to ramp up at some point.