Many of the legacy automakers are cooked, they just do not realize it.
Do not be surprised if half of them are either in bankruptcy or near it by 2030. The only way some might avoid it is if their government's give them a bailout like GM got in 2009.
Indeed, I believe it might be overvalued in the short-term but Tesla changed the pereception of EV by customers for EVER. EV used to be some kind of weird ass car, very expensive and for ecology zealot.
Now, a Tesla is a RICH people car, showing that you have made it (as Audi, Mercedes.... in the past). This was a game changer. People do not want EV, they want a TESLA.
It always take an outsider to change a sectori I guess... Think about photography. Kodak invented the first numerical camera. It did not end well as they were trying to save their old business.
Indeed, Tesla has a very good brand image as a few other ocmpanies such as Apple or Google. They need to deliver and not f**k up and everything will eventually work out :D.
I agree as well but I think it's much more than the battery technology. They are ahead in every aspect and the competition is trying to play catch but I don't really think they can.
I agree. There is a lot of things they are dominating in. They are manufacturing plants like they do cars. At this point, I think they are experts at it.
No surprises. They are ahead of their competitors with a huge margin. Since they are the prime innovators in space, I am sure they will keep the title in the upcoming years.
Many of the legacy automakers are cooked, they just do not realize it.
Do not be surprised if half of them are either in bankruptcy or near it by 2030. The only way some might avoid it is if their government's give them a bailout like GM got in 2009.
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Indeed, I believe it might be overvalued in the short-term but Tesla changed the pereception of EV by customers for EVER. EV used to be some kind of weird ass car, very expensive and for ecology zealot.
Now, a Tesla is a RICH people car, showing that you have made it (as Audi, Mercedes.... in the past). This was a game changer. People do not want EV, they want a TESLA.
It always take an outsider to change a sectori I guess... Think about photography. Kodak invented the first numerical camera. It did not end well as they were trying to save their old business.
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That is very true @vlemon.
Another one: it was Netflix not Blockbuster that change the distribution model of video.
As for Tesla, now there are reports they are working on a $25K model. Like you said, it is not that people want an EV, they want a Tesla.
The brand is going to carry them to the top.
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Feels good that you agree with me !
Indeed, Tesla has a very good brand image as a few other ocmpanies such as Apple or Google. They need to deliver and not f**k up and everything will eventually work out :D.
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Like us in crypto, they just need to keep building.
I had Tesla stock the past 4 years now, off and on. Plus I follow them closely from a technology standpoint.
They are totally changing the automotive industry with electric and will seriously alter transportation with autonomous.
And, oh by the way, they build an exascale computer in the process.
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Yea I was surprised that CNBC allowed the article to go out.
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Maybe they realize it is fruitless to keep attacking Tesla. They are able to keep growing and selling all they can make.
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I agree as well but I think it's much more than the battery technology. They are ahead in every aspect and the competition is trying to play catch but I don't really think they can.
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The first vehicle I'll finance, will be a tesla work truck!
Wen Cyber Truck?
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#soon plz! When robo lawnmower?
No idea. I am guessing a decade lol.
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They have them they just arent very good. Hell they are still trying to get a robo-vacuum operating properly.
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Haha yea, some things really take a humans touch! Maby some day I can train the robots how to professionally mow and edge a yard lol
Someone is going to do it. Although, for the planet, it might be best if we just let our yards grow for the most part.
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Austin is the place to watch for that.
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I agree. There is a lot of things they are dominating in. They are manufacturing plants like they do cars. At this point, I think they are experts at it.
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No surprises. They are ahead of their competitors with a huge margin. Since they are the prime innovators in space, I am sure they will keep the title in the upcoming years.
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The space company is technically separate although there is cross engineering between the two.
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Oh Sorry for the confusion T. I meant 'in the EV Space'.
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Ah ok. Yeah. That said, there is a close relationship between Tesla and SpaceX for obvious reasons. They do collaborate on things.
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Both are futuristic babies of Elon. ✌
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He has a lot of them. We will see if he can thread the needle on all of them.
If he can, he will be worth over a trillion dollars.
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