“Tesla Is Not as Cool as It Used to Be”
With rival electric vehicles flooding the market, and the CEO’s antics wearing thin, Silicon Valley car buyers are starting to turn on Tesla.
When Joseph Kwong decided to buy his first electric vehicle in 2014, the choice was a no-brainer. Kwong, chief executive of EVEN Recharge—a startup developing neighborhood EV charging solutions—lives in Fremont, Calif., a few miles away from Tesla’s main factory. He was thrilled to plunk down $83,000 to buy his first Tesla Model S. “I knew that I was overpaying for the car,” he said. “But I believed in EV technology, and I appreciated what Tesla was doing.” Three years later, Kwong re-upped his commitment to Tesla by adding a second Model S to his garage.
However, over the years, Kwong slowly piled up a list of complaints about the cars. The sensor-driven windshield wipers wildly flap when there’s barely a drizzle, but sometimes won’t budge during a deluge. There’s the driver-assist feature that cost him about $5,000 and never worked. And he calls Tesla’s Smart Summon feature “a joke that I wouldn’t trust to use even in an empty parking lot.” He now takes Tesla CEO Elon Musk’s promises for groundbreaking features with an SUV-size grain of salt. “Tesla cars are never really finished and never will be,” Kwong said. “A Tesla is always a beta car.”
So last spring Kwong sold his 2014 Model S and leased a brand-new Volkswagen ID.4 all-electric SUV. He doubts he will buy another Tesla in the future. Among the tech-savvy, early-adopting set in Silicon Valley, he’s not alone.