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RE: Tesla reports its biggest loss yet.

in #cars7 years ago

Tesla just doesn't have what it takes to compete with cars in a similar price bracket. If you ignore the fact that it's an EV, the only remaining thing it has going for it is the electric tourque. It doesn't ride as nice as other luxury cars at it's price point, but it also can't really corner well. Other cars have at least that going for them. It also just doesn't feel as high quality as a 50.000$ car should.

So really the only people buying these cars are the ones, that want an EV and have the money to spend, and Tesla fans who convince themselves that it's a great car. If things don't change for Tesla soon, other manufacturers are going to attack the Tesla price segment aggressively with their own EVs.

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I have only been in a Tesla S and it was very nice but for £130,000 it could be better. The problem is other manufacturers are catching up fast and even overtaking them. EV is good but still needs more development especially in the recycling side and longevity side of things. Look around on todays roads and cars are easily 15 years old. EV cars currently will not last that long so the green side of things is reduced.
Hybrid is the way forward for most companies with EV just about there.
The new Porsche E with its super fast charge and value compared to other top end cars will be very attractive.