They all look similar including the new shiny model Y, especially on the inside. Do you think they have a chance once the playing field heats up by 2020
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- Facebook / R&D◽️moreThey still have the only charger network that enables convenient travel.
- Tesla’s problem is they are too overvalued...their technology is ripe for an acquisition but their market cap is so insane no one could justify it.. maybe a merger but Elon is too prideful to recognize they need an established players know how as it pertains to assembly/parts/support etc.
- First I would argue that no one “needs” a 50k car, although I will concede most people seem to manage to get financing for a vehicle that equals their yearly salary. But that aside most people still view Tesla as a really nice to have vehicle as long as you have a gas vehicle to supplement it with so now you’re talking about 50k vehicle that has an entry requirement of a gas vehicle.
I do agree that it’s a good market to be in and that Tesla makes a solid product that is reasonably priced for what it is. I just think that market isn’t nearly ready for it and Tesla still has an up hill battle where their supply chain management is concerned
- Let’s say it’s $35K (avg new car price) - that’s 30x the price of a new iPhone and car penetration rate is on par with smartphones.
Why do you need a gas car to supplement?
Without a doubt, car companies supply chain has a 100 year headstart. That said, Tesla are 1/10 the complexity.
- Tesla / OpsBigballermoreStock is flat after hours, the big announcement events don’t work anymore
- New timechangeThey did Wonderful so far but it cannot be sustainable now that they got to the mass market.
Their valuation is crazy due to Elon musk hype.
In my opinion they will be bankrupt and cut into pieces in the next 5 years.
It is also possible that they will emerge as the winners, but I don't think they understand how to make cheap car at scale