OFFICIAL: Tesla Singapore Discussion

[Beanoyip]

Sat in my friend's Model Y down under, 1st batch of cars delivered last week.

Suspension feels quite hard, but as usual the tech is all there.

 

 

[inlinesix]

5 minutes ago, Beanoyip said:

Sat in my friend's Model Y down under, 1st batch of cars delivered last week.

Suspension feels quite hard, but as usual the tech is all there.

 

 

2wd or 4wd?
4wd unavoidable due to heavy battery pack. Based on YT video above, try to reduce tyre pressure to 37psi.

 

[Beanoyip]

30 minutes ago, inlinesix said:

2wd or 4wd?
4wd unavoidable due to heavy battery pack. Based on YT video above, try to reduce tyre pressure to 37psi.

 

2WD, which is surprising.. and on 19". Yea will ask him to try reduce tyre pressure and see how.

 

Edited August 26, 2022 by Beanoyip

[inlinesix]

14 minutes ago, Beanoyip said:

2WD, which is surprising.. and on 19". Yea will ask him to try reduce tyre pressure and see how.

 

Check tyre pressure whether it is based on factory spec.

New car could be pump very high 

[RonnieOoi]

Hi,
I am planning to switch over to a Tesla. Test Drove it and love it. I i worry that Tesla is not repair friend.

If there is some Repair or Parts Replacement with our tesla in Singapore. Other than the Dealer. Are there other shops that can do the repair.
(Example : Like Air Con Replacement, A/C Service, Suspension Repair, Wind Screen Replacement)

Do the value of Tesla Drop a lot in the second hand market.

How long is the warranty and what are the issue / defect current owner faces.

 

[Kooman01]

Many people thought Tesla is like a car out of the earth .... I have owned the Model 3 for almost a year now.  Seriously, other than the Software and Battery technologies, the rest of the car parts, body structure, etc. is pretty much like a normal car.  Example A/C, Suspension, Tires, is just like any other car on the road.  Best of all the manual stated no servicing required except topping up wiper fluid and check tire pressure periodically. Zero maintenance is needed unlike other EV brand that requires you to take up don't what "Maintenance Package" and pay thousands of dollars for it.

If really need service support for whatever reason, the Tesla authorized workshop are Optimal Werkz and Eurokars.

If I were to sell my Model 3 SR+ now, I would have made easily $30k due to the COE after almost driving it for a year .. lol.

Warranty of Tesla right now is 8 years/169K KM for Battery and Drive Unit. 4 years/80K KM for all Basic vehicle parts.  

I had some Tail light issue (water droplet cannot clear) last month, requested service thru Tesla Apps, the serviceman came all the way to my house and change out the Tail light under warranty.

[Volvobrick]

1 hour ago, Kooman01 said:

Many people thought Tesla is like a car out of the earth .... I have owned the Model 3 for almost a year now.  Seriously, other than the Software and Battery technologies, the rest of the car parts, body structure, etc. is pretty much like a normal car.  Example A/C, Suspension, Tires, is just like any other car on the road.  Best of all the manual stated no servicing required except topping up wiper fluid and check tire pressure periodically. Zero maintenance is needed unlike other EV brand that requires you to take up don't what "Maintenance Package" and pay thousands of dollars for it.

If really need service support for whatever reason, the Tesla authorized workshop are Optimal Werkz and Eurokars.

If I were to sell my Model 3 SR+ now, I would have made easily $30k due to the COE after almost driving it for a year .. lol.

Warranty of Tesla right now is 8 years/169K KM for Battery and Drive Unit. 4 years/80K KM for all Basic vehicle parts.  

I had some Tail light issue (water droplet cannot clear) last month, requested service thru Tesla Apps, the serviceman came all the way to my house and change out the Tail light under warranty.

That's good service. Perhaps eliminating the AD layer (which makes too much profits and yet delays warranty claims) should become the norm for all brands! 

[RonnieOoi]

@Kooman01 Thanks for the Quick Reply of the question. Will be seeing the Model Y next week to see if i really like it. No Budget for Performance Model. So most likely going for the Standard Model 

[Kooman01]

41 minutes ago, RonnieOoi said:

@Kooman01 Thanks for the Quick Reply of the question. Will be seeing the Model Y next week to see if i really like it. No Budget for Performance Model. So most likely going for the Standard Model 

Good choice for the standard model. I know a few them that previously bought the Performance Model 3 then downgraded to the standard model because they said o-100km/hr in 3sec is only shiok for a while. For daily driving in S'pore is really a waste and not necessary. Road tax ($5400 yearly) will also kill you. Anyway the Standard model is more then enough.

[Acegab]

58 minutes ago, Kooman01 said:

Good choice for the standard model. I know a few them that previously bought the Performance Model 3 then downgraded to the standard model because they said o-100km/hr in 3sec is only shiok for a while. For daily driving in S'pore is really a waste and not necessary. Road tax ($5400 yearly) will also kill you. Anyway the Standard model is more then enough.

Agreed.. the standard model feels much faster then the 0-100 time tbh. Overtaking is a breeze.

[rolexsurya]

Tesla is a good car but it should pay more attention to success.

 

....................................nerdwallet

[inlinesix]

His previous daily driver was Merc E.

His weekend drive is Megane RS

 

[mahmut]

would you like me to try another attractive car as beautiful as the tesla? here's togg 

details at this link( https://oke.io/9lDJAD )

[inlinesix]

Edmond changed his daily drive from Merc E to Model Y RWD after extensive back to back testing. He has another toys, Renault Megane R

 

[Wt_know]

send all the Tesla here in singapore ... no 50% discount no talk ...

[Theoldjaffa]

Oops. Hope this does not impact the sales of Tesla here

 

https://www.channelnewsasia.com/business/tesla-leo-koguan-shareholder-elon-musk-step-down-twitter-shares-3174506

From 'fanboy' to critic: Why Singapore-based billionaire Leo KoGuan and others are losing faith with Elon Musk's Tesla leadership

CEO Elon Musk’s preoccupation with Twitter after taking over the tech firm in late October and his sell-off of Tesla shares to fund his Twitter purchase has also contributed to the plunge in stock price.

 

SINGAPORE: Tesla’s shares are at their lowest level in years, with the company’s shares dropping nearly 70 per cent this year over falling demand for electric vehicles.

CEO Elon Musk’s preoccupation with Twitter after taking over the tech firm in late October and his sell-off of Tesla shares to fund his Twitter purchase has also contributed to the plunge.

Tesla shares rebounded slightly on Thursday (Dec 29) after Musk told employees they should not be "bothered by stock market craziness", but on the whole, they have been one of the worst-performing stocks among major automakers and tech companies this year. 

The headwinds facing the electric car maker has left some analysts and long-term investors unhappy with Musk's leadership.

 

'FANBOY' NO MORE

Leo KoGuan, Tesla’s third-largest individual shareholder, publicly called on Musk to step down on Dec 14, in a tweet. The Indonesian-born billionaire, now based in Singapore, owns around 22.7 million shares of Tesla, which were worth around US$3.57 billion as of September.

He bet big on Tesla and Musk in the early days of the COVID-19 pandemic. 

Calling himself a “fanboy” of the mercurial Twitter CEO, he tweeted last year: “I am investing billions into Tesla because I believe in Elon’s great mission that I share.” 

In an interview with Bloomberg last year, Leo, who is the co-founder of software company SHI International Corp, which had a revenue of more than US$12 billion in 2021, said: “I’m all in. Any money I have I spend on Tesla.” 

Tesla’s share price has since dropped nearly 70 per cent from their record closing high of over US$400 a share in November 2021. 

Earlier this month, Musk sold about 22 million more shares of Tesla, worth about US$3.6 billion, according to media reports, to fund his Twitter purchase.

Tesla's plunge has left buy-and-hold investors frustrated, with Leo tweeting Musk has “abandoned Tesla” and that the company has “no working CEO”. 

In a tweet on Monday, Leo also wrote: “I was his fanboy, no more,” while he has retweeted other investors calling for a vote against Musk and the board "for not doing their fiduciary duty".

 

TESLA'S WOES

From Oct 27, when Musk bought Twitter and appointed himself CEO, to Dec 13, Tesla's share price dropped by 28 per cent. 

On Dec 24, Tesla also announced the suspension of its production plant in Shanghai.

While Tesla did not provide a reason for the sudden suspension, the news comes after a surge of infections after China loosened its zero-COVID policy. 

In an interview with people onsite at the plant, Reuters reported that workers at Tesla and its suppliers have been falling sick as part of the wave, posing challenges to operations in the past week. 

The wave of COVID-19 infections are unlikely to ease soon, with provinces like Zhejiang, situated near Shanghai, experiencing a million daily cases with the numbers expected to double, according to the provincial government on Dec 25.

The Shanghai factory, the most important manufacturing hub for Tesla, already had plans to suspend Model Y production from Dec 25 to Jan 1. 

Production at the plant will also slow down next month. Tesla will run production from Jan 3 to Jan 19, and will stop electric vehicle output from Jan 20 to Jan 31.

With a fall in demand for electric vehicles in China, Tesla is offering an additional incentive for buyers earlier this month in an attempt to raise sales. 

Analysts have called on Musk to refocus on Tesla, whose stock price remains his main source of wealth. 

Wedbush Securities analyst Dan Ives told financial website TheStreet earlier this week: “At the same time that Tesla is cutting prices and inventory is starting to build globally in face of a likely global recession, Musk is viewed as ‘asleep at the wheel’ from a leadership perspective for Tesla at the time investors need a CEO to navigate this Category 5 storm."

 

BEARISH INVESTORS REAPING REWARDS

The issues surrounding Tesla has, however, been a boon for bearish investors. 

It has become the third most shorted stock in dollar value after Apple and Microsoft, according to financial analytics firm S3 Partners.

Short selling, which is when investors borrow shares to sell them on the open market in the hope of buying them back at a cheaper price and pocketing the difference, is up by more than 8.98 million shares this year due to a drop in the stock price.

Tesla short sellers stand to book a profit of US$16.94 billion, their first gain since at least 2016, compared with a US$10.26 billion loss last year.

Source: Agencies/at(sn)

[Volvobrick]

38 minutes ago, Theoldjaffa said:

Oops. Hope this does not impact the sales of Tesla here

 

https://www.channelnewsasia.com/business/tesla-leo-koguan-shareholder-elon-musk-step-down-twitter-shares-3174506

From 'fanboy' to critic: Why Singapore-based billionaire Leo KoGuan and others are losing faith with Elon Musk's Tesla leadership

CEO Elon Musk’s preoccupation with Twitter after taking over the tech firm in late October and his sell-off of Tesla shares to fund his Twitter purchase has also contributed to the plunge in stock price.

 

SINGAPORE: Tesla’s shares are at their lowest level in years, with the company’s shares dropping nearly 70 per cent this year over falling demand for electric vehicles.

CEO Elon Musk’s preoccupation with Twitter after taking over the tech firm in late October and his sell-off of Tesla shares to fund his Twitter purchase has also contributed to the plunge.

Tesla shares rebounded slightly on Thursday (Dec 29) after Musk told employees they should not be "bothered by stock market craziness", but on the whole, they have been one of the worst-performing stocks among major automakers and tech companies this year. 

The headwinds facing the electric car maker has left some analysts and long-term investors unhappy with Musk's leadership.

 

'FANBOY' NO MORE

Leo KoGuan, Tesla’s third-largest individual shareholder, publicly called on Musk to step down on Dec 14, in a tweet. The Indonesian-born billionaire, now based in Singapore, owns around 22.7 million shares of Tesla, which were worth around US$3.57 billion as of September.

He bet big on Tesla and Musk in the early days of the COVID-19 pandemic. 

Calling himself a “fanboy” of the mercurial Twitter CEO, he tweeted last year: “I am investing billions into Tesla because I believe in Elon’s great mission that I share.” 

In an interview with Bloomberg last year, Leo, who is the co-founder of software company SHI International Corp, which had a revenue of more than US$12 billion in 2021, said: “I’m all in. Any money I have I spend on Tesla.” 

Tesla’s share price has since dropped nearly 70 per cent from their record closing high of over US$400 a share in November 2021. 

Earlier this month, Musk sold about 22 million more shares of Tesla, worth about US$3.6 billion, according to media reports, to fund his Twitter purchase.

Tesla's plunge has left buy-and-hold investors frustrated, with Leo tweeting Musk has “abandoned Tesla” and that the company has “no working CEO”. 

In a tweet on Monday, Leo also wrote: “I was his fanboy, no more,” while he has retweeted other investors calling for a vote against Musk and the board "for not doing their fiduciary duty".

 

TESLA'S WOES

From Oct 27, when Musk bought Twitter and appointed himself CEO, to Dec 13, Tesla's share price dropped by 28 per cent. 

On Dec 24, Tesla also announced the suspension of its production plant in Shanghai.

While Tesla did not provide a reason for the sudden suspension, the news comes after a surge of infections after China loosened its zero-COVID policy. 

In an interview with people onsite at the plant, Reuters reported that workers at Tesla and its suppliers have been falling sick as part of the wave, posing challenges to operations in the past week. 

The wave of COVID-19 infections are unlikely to ease soon, with provinces like Zhejiang, situated near Shanghai, experiencing a million daily cases with the numbers expected to double, according to the provincial government on Dec 25.

The Shanghai factory, the most important manufacturing hub for Tesla, already had plans to suspend Model Y production from Dec 25 to Jan 1. 

Production at the plant will also slow down next month. Tesla will run production from Jan 3 to Jan 19, and will stop electric vehicle output from Jan 20 to Jan 31.

With a fall in demand for electric vehicles in China, Tesla is offering an additional incentive for buyers earlier this month in an attempt to raise sales. 

Analysts have called on Musk to refocus on Tesla, whose stock price remains his main source of wealth. 

Wedbush Securities analyst Dan Ives told financial website TheStreet earlier this week: “At the same time that Tesla is cutting prices and inventory is starting to build globally in face of a likely global recession, Musk is viewed as ‘asleep at the wheel’ from a leadership perspective for Tesla at the time investors need a CEO to navigate this Category 5 storm."

 

BEARISH INVESTORS REAPING REWARDS

The issues surrounding Tesla has, however, been a boon for bearish investors. 

It has become the third most shorted stock in dollar value after Apple and Microsoft, according to financial analytics firm S3 Partners.

Short selling, which is when investors borrow shares to sell them on the open market in the hope of buying them back at a cheaper price and pocketing the difference, is up by more than 8.98 million shares this year due to a drop in the stock price.

Tesla short sellers stand to book a profit of US$16.94 billion, their first gain since at least 2016, compared with a US$10.26 billion loss last year.

Source: Agencies/at(sn)

I also won't be happy with any CEO who causes my shares to drop 70% to only 3.5Bn....

[Wt_know]

54 minutes ago, Volvobrick said:

I also won't be happy with any CEO who causes my shares to drop 70% to only 3.5Bn....

he is also the CEO who pump up Tesla share from $100 to $1000 (10x leh) with his vision, rhetoric and pattern more than badminton

why people buy Tesla share in the first place … it’s also because of Elon leh … no credit? 

Edited December 30, 2022 by Wt_know