1/🧵
When it comes to Tesla, we long heard the competition is coming. This is something the Tesla bears stated for years.
1/🧵
When it comes to Tesla, we long heard the competition is coming. This is something the Tesla bears stated for years.
2/ This is a complete misunderstanding of who the predator and who the prey is. We are now looking at something taking place that few realize.
3/ Tesla makes luxury automobiles. This is the segment they are in. It is also how they are priced. That will not be the case in a couple years.
4/ Once the Cybertruck and next gen model roll out, Tesla will be in the two largest automotive segments. Right now they have zero market share.
5/ That means they are the predator and those in the markets are the prey.
To read full article:
https://leofinance.io/posts/taskmaster4450le/the-competition-is-comingand-it-is-tesla
I'm betting on hydrogen. Electric is just stupid at this point.
volkswagen I think has given up on their electric line. I hope more automakers do the same.