Tesla’s reputation is well known among those who pay attention to the automotive industry. Tesla has a long history of being innovative, but whether or not its products are worth their price in the end depends on what you value most: style and performance. Featuring cutting-edge technology that makes your car cheaper per mile than gas-powered cars, Tesla promises efficiency with fancy design and sleek lines. However, this isn’t always enough for impressionable consumers when it comes time for maintenance costs– up to $10K annually at certain times–or even repairs if something goes wrong after purchase!
The “should i buy a tesla or a house” is a question that many people have asked. The answer to the question depends on what you are looking for and what your goals are.
Those who own a Tesla will tell you how much they adore their vehicle. They sometimes embarrass and ridicule anybody who drives a gasoline car, but it’s your money, your decision. Allow no one to guilt you into purchasing a Tesla.
There are a number of reasons why a Tesla should not be purchased. The expense, inferior construction quality, lengthier service and repair times, high out-of-warranty repair costs, and reduced performance on older cars are the main factors.
Teslas are not cheap.
Even the cheapest Tesla Model 3 costs roughly $50,000 without the self-driving software upgrade. Though car prices have lately increased throughout the industry, Tesla’s price increase is particularly substantial.
Teslas are not inexpensive automobiles. These are not intended for budget-conscious shoppers. Tesla, like Apple, caters to a whole separate set of customers.
There will be no third-party repairs.
Tesla, like Apple and John Deere, is an anti-repair firm. It implies that Tesla owners must take their vehicles to a Tesla Service Center for maintenance.
Tesla only has a few Service Centers in the United States and Europe. Tesla has sold millions of cars over the years, but the number of Service Centers has not kept pace. Furthermore, there are no Service Centers in several states. As a result, if a prospective Tesla customer lives 40-50 miles from a service facility, ownership may become a nightmare.
Tesla owners often have to wait more than 25-30 days for a service appointment.
Repairing a Tesla after an accident is very frustrating. Only Tesla Certified body shops are permitted to work on Tesla vehicles. These stores do not exist everywhere. Furthermore, Tesla must provide all replacement components. Those replacement components usually take a long time to arrive. At the very least, it takes 3-4 months to repair a Tesla. Depending on the service area, it might take up to 6 months.
Apple co-founder Steve Wozniak slammed Tesla in an interview, vowing that he would never purchase one again. He expressed his dissatisfaction with the months-long wait for repairs, the frequent breakdowns, and the expensive repair fee. He further mentions that the self-driving capability is not only incomplete, but also dangerous, since it makes several errors.
Charging is still a problem.
Tesla is the only automaker with a large supercharging network. The third-party, Electrify America, has a global charging network as well, although it is nowhere like as extensive as the supercharging.
Tesla put its chargers strategically near interstate highways and major centers. The quantity of charges and placement, however, are still insufficient. A road trip in a Tesla is conceivable, but difficult. Most national parks, including as Yellowstone National Park, Death Valley National Park, and Yosemite National Park, still lack fast-charging facilities.
Tesla advises against charging at a Supercharger several times since it will degrade the battery. It’s not difficult to charge a Tesla at home. However, many people do not own a house and live in flats. If you reside in an apartment with no public charging stations, charging overnight becomes difficult.
Long queues at Tesla Superchargers are becoming prevalent in large cities. It becomes worse during a significant holiday.
A gasoline car owner might leave their vehicle alone for months. The fuel would not leak, and the vehicle’s range would not be reduced. Teslas, however, are unique.
Even while the user handbook for Tesla automobiles promises that their vehicle would use 1 percent charge every night when parked, in reality, it consumes far more.
Because of this Drainage phantom, a Tesla can’t be parked in an airport or parking garage for several months. The high voltage battery will discharge to 0%, causing significant issues. It may also damage the battery.
Tesla vehicles are known for their inaccurate mileage estimates. Tesla says that their car can drive 300 miles on a single charge, yet no owner will ever be able to achieve this range. The range is always 10% to 15% lower, according to the owner’s experience.
Furthermore, on the highway, a gasoline car obtains better gas economy than on city streets. However, on the highway, a Tesla gets less gas economy than on city streets. As a result, a Tesla with 300 miles of range would barely reach 200 miles on the highway.
There are no Teslas on the road for 500 miles. As a result, owners must constantly recharge their automobiles. A complete charge of these EVs takes at least 25-30 minutes. As a result, a Tesla road trip would take longer than a fuel car.
No money saved
One of the key advantages for having a Tesla used to be the cost savings. Both the automobile and energy were decently priced at the time. As a result, the cost of owning a Tesla was lower than that of a similar fuel car.
However, the cost of Tesla automobiles has climbed over time, as has the cost of power. As a result, buying a Tesla is no longer economical.
Tesla considers itself to be a premium car maker. However, when compared to BMW, Audi, and Porsche, its build quality is dubious.
Elon Musk brings the software development mindset to the automobile industry: create quickly, break things, and repair later. Panel gaps, low quality, and component failure are all too typical.
The failure of the slide-out door handle of the Model S, for example, is common. Tesla will repair those handles for free under warranty. Those handles, however, are hundreds of dollars out of warranty.
Costs not covered by the warranty
Tesla does not allow third-party repair shops to operate on its vehicles, as previously stated. Tesla Service Centers are required to do all maintenance. It is not a problem while under warranty; nevertheless, it is costly after the guarantee has expired.
The Tesla high voltage battery, for example, costs between $16,000 and $20,000 depending on the car type. Even little damage to the HV battery would need the replacement of the complete battery pack. Furthermore, display and media control failure is common, resulting in hundreds of dollars in lost revenue. Because most components must be delivered from Tesla, these fixes take more than a month.
Tesla produces groundbreaking electric automobiles without a doubt. However, owning a Tesla may be excruciating if any of the aforementioned factors apply to you. This is why we advise against purchasing a Tesla.
The “why not to buy tesla stock” is a popular question that many people ask. There are many reasons why not to buy Tesla stock, but the most common one is that it’s too expensive. The company has been in trouble recently with its debt and financial status.
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