This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Tesla Model S vs. the Competition: Test Drive

Stocks in this article: TSLA GM NVDA AAPL

The Chevrolet Volt fits only 4 people instead of 5, and has a lot less luggage space. In addition, the Tesla is faster and has the most superbly tuned chassis by far. In favor of the Volt is the headroom space for the rear passengers, the ability to travel beyond 265 miles and just keep filling gasoline after 340 miles -- as well as the inherent superior ability to generate heat in cold climates.

What is the bottom line on the Tesla Model S? First, if you haven't driven it, you don't know what you are talking about. Having driven almost all other electric cars to the tune of over 15,000 miles, plus so many of the other premium cars in the market, my recommendation is that if you are looking for a car in the $80,000 to $100,000 price range, you should put the Tesla Model S at the top of your list, by a wide margin. It's an eye-opener like the automotive world has never seen in its entire history.

In a few months, much of Tesla's appeal will hit the $50,000 car market, net of tax incentives. This will be even more devastating to other premium car makers, as a lot more people buy $50K cars as opposed to $100K cars.

If on the other hand you want an extended-range electric car and aren't willing to pay as much money, the Chevrolet Volt gives you some pieces of the Tesla Model S experience, plus its own advantages for only $30,000 plus taxes. You can't go wrong with either of these two cars, but if you have the extra money, the Tesla Model S is now the undisputed king of the automotive world.

At the time of submitting this article, the author was long TSLA, NVDA and AAPL.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.

4 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,387.21 -291.49 -1.65%
S&P 500 2,029.55 -27.54 -1.34%
NASDAQ 4,681.4970 -90.2660 -1.89%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs