Hey, I’m Steven and this is Solving The
Money Problem.
If you’re new, welcome.
If you’re not, welcome back.
Twelve year ago, Tesla released their first
product -- the original Roadster.
Its goal?
To prove an electric vehicle could compete
with gasoline on performance, features and
utility and as a way for Tesla to develop
its technology, drive costs down and pave
the way for future products.
The high-price, low volume Roadster did its
job and 4 years later Tesla unveiled its second
generation vehicle -- the Model S sedan which
went on to take the world by storm and win
every award ever.
I’m not even joking.
Soon after came Model X.
But these were all stepping stones to the
final destination.
A mass-market, high-volume, “low” cost
vehicle.
The third generation began with the critically
acclaimed Model 3 in 2017 and in 2020 the
puzzle was completed with the Model Y.
Tesla is on its way to TOTAL domination of
the global vehicle market.
Yes, there’s still a long way to go in terms
of ramping production from hundreds of thousands
to millions of vehicles per year, but Tesla
has won.
Their technology is embarrassingly far ahead
of everyone else.
If you question this, maybe watch a 7-seater
Model X SUV take on a lambo or ferrari on
the track.
Or check in on how VW’s ID3 project is going.
Nothing else in the same price range comes
even CLOSE on performance, features, utility,
safety or efficiency.
NOT EVEN CLOSE.
However, the last stronghold is the ultra
high performance market.
You know, the $2 million dollar, inch-adding
supercars, hypercars and whatever the **** else
you want to call them.
Guess what?
They’re next.
In Elon Musk’s own words:
[smackdown]
“The point of doing this is to give a hardcore
smackdown to gasoline cars.
Driving a gasoline sports car is going to
feel like a steam engine with a side of quiche.”
Tesla’s 2020 Roadster is a gigantic **** you
to gasoline vehicles.
ALL OF THEM.
Its aim is unequivocally to ABSOLUTELY ANNIHILATE
the performance metrics of every gasoline
vehicle ever made.
Not just be close.
Or on par.
But to DESTROY THEM.
This will get the world’s attention.
So this video, I’m explaining why the Roadster
will directly and indirectly make Tesla billions,
and end the ICE age once and for all.
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Let’s get back to it.]
Performance
Usually when the terms “performance” and
“2 seconds” appear closeby, it’s in
reference to a disappointing showing at the
bedroom olympics but in the world of high-performance
vehicles, the faster, the better.
No production vehicle in history has achieved
a 0-60 time of under 2 seconds.
NONE.
Until now.
Let’s listen to what Elon had to say at
the Roadster unveil:
Driving a gasoline sports car is going to
feel like a steam engine with a side of quiche.
The new Tesla Roadster will be the fastest
production car ever made, period.
[Applause]
And this is the base model.
I won't say what the actual top speed is but
it's above 250 miles an hour.
These numbers sound nutty but they're real.
620 mile range that's a thousand kilometer
range and the first time an electric vehicle
brakes a thousand kilometres.
A production electric vehicle will travel
more than a thousand kilometres on single
charge at highway speed.
You'll be able to travel from LA to San Francisco
and back at highway speed without recharging.
The specs for the base model Roadster are
difficult to believe.
A 0-60 time of under 2 seconds.
A range of over 600 miles (or 1000km for those
of you who don’t use the world's dopiest
measurement system).
Seating for 4.
The world’s best active safety features.
I could go on.
Most of you have never experienced 0-60 in
2 seconds.
Or even 3 seconds.
Let me tell you.
It’s absurd.
It doesn’t feel right.
At all.
How do I know?
Shortly after the Roadster reveal I visited
a theme park in Australia with a ride called
Superman Escape which does 0-60 in 2 seconds
flat.
It’s something else.
You are guaranteed to swear, groan, grunt,
scream and possibly fill your pantaloons when
experiencing that level of acceleration.
The Roadster a literally a mobile ****ing
roller coaster.
And that’s just the base model.
Since the unveiling, Tesla have shaved a tenth
of a second off the quarter mile time and
continue to improve their battery technology.
Who knows what the final production version
will be capable of.
Ludicrous.
Rocket Thrusters
Imagine being the CEO of two multi-billion
dollar companies.
One of which makes electric vehicles, solar
and batteries and the other which makes reusable
rockets and satellites.
I've just described Elon Musk.
This comes in handy for cross-pollination.
Tesla’s internet-breaking Cybetruck is made
from a special steel developed by SpaceX for
its rockets.
And the Roadster?
There’s an optional upgrade for a SpaceX
thruster package.
SERIOUSLY.
You will be able to equip the Tesla Roadster
with cold gas thrusters.
What exactly are these?
Let’s watch a clip of a Falcon 9 rocket
re-enter the earth's atmosphere.
See those jets of what looks like steam?
They’re cold gas thrusters.
Notice their ability to re-orient this gigantic
****ing rocket as it plunges toward earth?
That rocket is about the size of a 30 storey
building.
My point?
These thrusters are no joke.
In fact, Elon Musk has confirmed that the
Roadster will, theoretically, be able to do
short HOPS or even HOVER.
YES, HOVER,
What the actual ****?
However, the thrusters aren’t just for party
tricks.
They’re like a cheat code in a video game.
You can break the rules and it’s just not
fair.
It’s practically impossible to accelerate
from 0-60 faster than 2 seconds because physics.
Traction matters and tires become the limiting
factor at these speeds.
If acceleration is too fast, tires can’t
grip and you’ll go nowhere.
Enter rocket thrusters.
Because these can be mounted anywhere, such
as behind the licence plate, traction is no
longer relevant.
If you want to get down in the weeds with
the Roadster’s thrusters, Engineering Explained
made a great video which I’ll link below.
In short, with thrusters on board, it seems
possible the Roadster will be able to do 0-60
in just over 1 second.
Twice a fast as anything else ever produced.
But it doesn’t end there.
Safety
We’re told the SpaceX package will seamlessly
surround the Roadster with about 10 thrusters.
We already know Tesla makes the 3 safest vehicles
ever tested.
This is not a debate but a fact.
No doubt Tesla will ensure the Roadster is
incredibly safe in the event of a collision
too.
But what about collisions avoidance?
Tesla’s autopilot and active safety features
make them among the least likely vehicles
to be involved in accidents.
And over time, autopilot continues to improve
and become even safer.
So far, so good.
Nothing surprising here.
But.
With rocket thrusters?
Things get interesting.
While it may be legally questionable today,
humor me for a moment.
Tesla could use the gas thrusters as active
safety features.
If an impact is imminent, thrusters on the
front of the Roadster could decelerate the
vehicle at INSANE speeds to dramatically reduce
the impact or avoid it all together.
Same too if you're about to be rear ended.
In the span of just over 1 second your Roadster
could accelerate you to 60 miles an hour and
avoid a collision.
Things get VERY interesting when we consider
how side, front and rear thrusters could be
used to improve handling too.
These features may initially be relegated
to private tracks but if Tesla can make the
case for improved safety, it’s not impossible
to imagine the Roadster being one of the world’s
safest vehicles -- unmatched handling, breaking,
acceleration and collision avoidance.
This isn’t baseless speculation on my part.
IN Elon’s own words: “These rocket engines
dramatically improve acceleration, top speed,
braking & cornering”
What a flex.
Value, Not Cost
Starting at $200,000 for the base model, and
$250,000 for the limited edition founders
series, the 2020 Roadster ain’t cheap.
But when compared to vehicles which boast
similar (but inferior) performance, it’s
a steal.
The fastest production vehicle of all time
is the 2-seat hybrid Porsche 918 Spyder with
a 0-60 time of 2.1 seconds.
And the price?
A cool $845,000 for the base model.
They only made 918 of them, too.
One Roadster or four Spyders?
One all electric or a gas-guzzling hybrid?
A four seater or two seater?
620 mile range or 420 mile?
Rocket thrusters or no rocket thrusters.
Tesla’s roadster wins on EVERY metric.
That’s embarrassing.
And that’s the point.
The 2020 Roaster isn’t about the Roadster
itself.
It’s about its impact on the internal combustion
engine vehicle market.
It’s Tesla’s way of saying “Why are
you morons still using gasoline when electric
can do this?
Let me guess, you’ve got a new model of
horse and carriage coming soon too?”
When Tesla’s new Roadster is eventually
released, it’s the end of ICE.
The final nail in the coffin.
The only appeal gasoline supercars will have
beyond that?
Novelty and aesthetics.
Objectively speaking, much like Model S is
the best luxury sedan ever and Model 3 the
best midsize sedan, the new roadster will
unequivocally be the best sports/supercar
ever.
By miles.
Haha, get it.
Miles.
Um...
The Numbers
As a Tesla investor and shareholder, this
is my favorite part of the video.
Because Roadster is first a flex, and second
a product, Tesla doesn’t need to sell hundreds
of thousands.
Its primary job is to draw attention to Tesla,
electric vehicles and shame internal combustion
engine vehicles into obsolescence.
Regardless.
Representing SUCH tremendous value -- you
know, a quarter or a tenth of the price of
a comparable yet inferior supercar, I suspect
sales of Roadster may surprise to the up side.
Rather than looking at the total number of
supercars and hypercars sold every year, it’s
better to look at the total DOLLAR VALUE of
this market which does about $15 BILLION in
sales annually.
Given that Roadster will be unequivocally
better than anything else money can buy, I
expect over time, it will take a disproportionately
large share of this market.
I mean, if you’ve got a few $2 million dollar
hypercars in your garage, what’s a $200k
Roadster?
What’s more, I believe the Roadster will
entice buyers from lower price points too,
just as the Model 3 has captured many Honda
and Toyota buyers due to its TREMENDOUS value.
I mean, how does one justify spending $180,000
on a Porche Taycan when you can buy the Roadster
for 10% more and get TRIPLE the range, half
the 0-60 time bla bla.
You get the point.
Even in the domain of absurdly expensive performance
vehicles, some reasoning applies.
Cheaper and worse is a challenge.
But significantly cheaper AND significantly
better in every way?
It’s hard to argue with that.
If Tesla captures just 10% of the global supercar
market, they’re looking at $1.5 BILLION
dollars in revenue or just 7,500 base model
Roadsters.
Pretty serious business for a high end toy
especially given the profit margins on Roadster
will unquestionably be massive.
And the free press Roadster has and will generate
for Tesla, ultimately boosting sales of its
core products?
Priceless.
Roadster Investment?
One final thought before I wrap up.
This isn’t investment advice, just me thinking
out loud.
Tesla is making 1,000 founders series Roadsters.
At $250,000 a pop, they’re not cheap.
And buyers need to pony up the full price
just to make a reservation.
But what are the odds that in 5, 10, 20 years
these become a collector item?
The car that melted ICE for good?
Limited to just 1,000.
Food for thought.
To sum it up, the 2020 Tesla Roadster is the
final frontier and the ultimate flex.
Its goal is not to compete with supercars
but to murder them in their sleep.
Nothing short of total DOMINATION.
On price, value, performance, features, safety
and utility, Roadster is in a class of its
own and will embarrass everything else on
the market.
The 2020 roaster marks the end of the ICE
age.
The internal combustion engine is dead.
Roadster is to performance vehicles what the
automobile was to the horse and carriage.
This matters.
.And don’t forget your free stocks with
Webull and stake, links in description.
I’m Steven Mark Ryan.
This is Solving The Money Problem and I love
you all.
Thanks so much for watching.
Let me know your thoughts in the comments
below.
Do you agree or disagree?
Is Roadster the final nail in the coffin for
ICE vehicles?
Will you buy one?
And of course, if you have any ideas for future
videos, let me know.
I read all your comments.
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[laughter]
