Does anyone else see Tesla's problem long term?
I know the past few years Tesla has absolutely killed it and I don't want to sound like the bear here, but how does Tesla plan to take over the car industry once all the other brands go fully/almost fully electric? I'm a big car guy so I study the industry a lot and from what I've gathered, a lot of Tesla owners bought a Tesla because there weren't many/any other options for EV's that had a decent range or looked like a normal car. I honestly think that when the luxury brands make their best selling models electric, Tesla is going to lose a lot of current and potential market share. And I don't mean these fake EV's like the Mercedes eqs or Audi E-tron, but the actual money makers. Who is going to take a Tesla model 3 over a 3 series, c-series or a3 etc? Or better yet, if Toyota makes an efficient Camry/corolla, why would the cheap commuter-types want to over pay for a Tesla? I mean imagine if Tesla was a normal combustion engine all else equal, do you think they would dominate the market? I think not. The reason why this is an issue is because the battery tech will trickle down to the rest of the auto industry along with the self driving. Think about it, engine technology in combustion cars is pretty much widespread. Sure there are tweaks here and there, but you now have corvettes making the same power as Ferrari's on an engine vs engine HP basis. The difference in performance lies in the weight, chassis, suspension, steering rack, torque vectoring etc. Horsepower is not going to win over the industry. What makes Ferrari better than corvette is everything else outside of the HP. I predict that the same thing will happen with Tesla in the future. They don't make good quality cars and don't offer enough customizable options, so they can't compete with the luxury brands. They are too expensive for a daily commuter Toyota or Nissan and they don't have the sports car expertise to beat out the super car segment. I know Tesla is doing well now, but I don't think that sentiment will continue in the future where all the other brands make their best selling "real cars" electric. I know the Tesla Fan boys will MS me, but please don't MS me more than 3 times so I can still MS on Drumpfy's posts and comments.
Tesla is just yet another symptom of the zero interest rate policy we’ve been under for more than 10 years. Eventually the spigot will get cut off and it will go to zero.
This 100%. Glad to see people who actually understand what's going on
The Tesla fanboys tell me that Tesla is more than a car company, the same way Amazon was more than a book company
I think they may have a case. Besides, every year the pricing metrics/ratios start to look a little more reasonable
Apple wasn’t a phone company either. Feels like your main 2 points are that they aren’t a legacy auto-manufacturer (which industry-changing company in any sector or point in time is?) and that people went for Tesla because there weren’t other EV options (can you prove that? Or is that just a hunch?).
Not saying Tesla is going to the moon or that Elon isn’t crazy, but it definitely isn’t guaranteed to succeed / fail.
That statement was made out of sentiment that I got from meeting a lot of Tesla owners at car meets and such. Tesla owners pretty much fall into 3 categories from what I’ve gathered. 1) they are far left environmentalists who think an electric car is saving the earth and bonus points to the non-leather recycled trash interior. 2) There was no best selling alternative that was electric and had a decent range/looks/drive ability (people didn’t want a bmw i3 or a Chevy volt). 3) The tax credit/subsidies allowed them to upgrade from a Prius/Camry to a model 3
i forgot to add a 4th one) Drag racers flocked to the model S due to it having a better 1/4 mile time and more HP than most super cars
Tesla autopilot is superior than all the other driving assistants on the market. That’s the main reason I want a Tesla and I believe that’s what a lot of their target audience is looking for too.
Yes but as I mentioned the self driving technology will be widespread in the future. Features like that on cars generally get distributed pretty evenly, which makes owning a Tesla less likely 5-10 years from now, it's similar to infotainment, cruise control, etc. the whole industry will adopt similar software (just look at cars from the 90's vs cars now, now a Camry has a nice infotainment and cruise control which was considered rare back in the day)
I don't understand your logic. You are assuming Tesla technology remains static and everyone else catches up. Tesla is ahead of the game in terms of drive assistance technology and is considered an industry leader in battery and pushing the EV envelope. In the short to medium term, I do not see that changing.
While I get your point, Tesla is so advanced that they might license their tech out to other OEMs also.
they have a huge collection of street signs, AI, databases, etc
Quis est dicta nisi perferendis illum. Praesentium laboriosam aut dolor unde doloremque soluta.
In et saepe velit ipsam sapiente dolores ut inventore. Dolor sequi fugit consequatur quis blanditiis. Rerum exercitationem ea itaque consequuntur distinctio perspiciatis omnis. Ducimus tempora aperiam sit.
Labore nihil voluptates sed. Nam aut quidem soluta et optio sequi molestiae neque. In id sit qui quasi explicabo necessitatibus. Soluta at sunt itaque et illo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...