espressocycle t1_j9wzyul wrote on February 25, 2023 at 4:03 AM

Reply to comment by rideincircles in The future holds a 25000$ compact EV leasing at 250$ pr month by RolfEjerskov

I doubt they'll ever make a high volume low cost compact vehicle. There's no money in it which is why so many companies have left that segment. Tesla is never going to anything but a niche player that a lot of people lost a lot of money betting on. When it all comes crashing down it will end up being a Chinese brand.

rideincircles t1_j9x3grz wrote on February 25, 2023 at 4:35 AM

Haha. Yeah fucking right.Tesla Investor day is next week and they will be discussing the new platform. Tesla has over 100k employees making things happen and have been averaging 50% growth almost every year. They don't let up on that front and robotaxis, the new compact car and robots will all be in full swing this decade.

espressocycle t1_j9y7v9c wrote on February 25, 2023 at 12:56 PM

Tesla was there first but the legacy carmakers are catching up quickly. They're like Netflix - huge stock valuation based on the idea that being the first big disrupter matters when the barriers to entry aren't that high.

There's nothing special about Tesla when Hyundai and Volkswagen are already making electric cars that are as good or better and others are not far behind. These companies already have the capacity, the engineering staff, etc. and they aren't run by sociopath dude bros. Tesla's real value is a fifth of its current market cap at best and most of that is the energy side. That's why I expect them to eventually sell the vehicle side to the Chinese.