Tesla = One hit wonder once the top automobile makers start selling EVs.
Thats my feeling, no value in Tesla's and the big makers will be producing EVs for the mass market at mass market pricing.
I do THINK if Tesla can get its act together maybe it can compete in the more expensive luxury sport market but they will have to drastically improve the quality. Something about them will have to change with the market and I am sure it will, right now the way things are they will get run over.
Interesting thought process... Let's see...
Tesla as a company is the top automobile maker. They are worth more than the next 5 car companies combined!
Their competition is probably NIO, Lucid, Rivian, and maybe the traditional companies.
Tesla's GM% is like 30% vs 6% or 7% from GM, Ford, VW, etc. That is huge leverage. If they chose to, they could cut margins by lowering price, down to, say 10% and crush anyone on basis of price. Giga Casting baby!
Their factories are new, state of the art. Tesla factories are much more efficient; they build cars in half the time of traditional factories.
They are vertically integrated unlike traditional car companies (think chips and software). All this allows for their incredible margins, which are the envy of the industry.
Did you know the Model Y is expected by analysts to be the #1 selling vehicle of any kind in the world, perhaps next year? As Berlin and Austin ramp, the numbers will be staggering. Berlin alone will easily sell 250K cars next year. 500K in another year. Tesla is expected to announce Giga Canada by year end.
The (butt-ugly) Cybertruk has like 1M orders and should show up next year. The SEMI is immanent. The cheap car (Model 2, Model 4, whatever) may come in 2014. Tesla is considering their own battery material mining company...
Still waiting on the big guys... GM loses money on every Bolt they sell. Maybe they can use Tesla's SuperCharger network? Or will we the taxpayers have to buy them one?
All good
@alarmguy. I just like to look at things from a business point of view. The numbers don't lie.