https://www.youtube.com/watch?v=E9V5b5FSxGk
You simply don’t understand the EV market. Tesla has been selling EVs for close to a decade. Last year Tesla sold a million cars. GM sold 26! Not 26k, only 26! Getting to scale in hardware takes time. Something software folks have hard time comprehending. You can’t just hire 10 engineers and scale. You have to invest in a plant, manufacture tools, all of which is time and capital intensive. On top of this Tesla has been gathering data for years to enable its FSD, while Waymo has been paying people to drive to teach its AI. The only real competitors that Tesla has are Chinese EVs, Ford, and some smaller EV startups. Tesla is by far the biggest player and is only going to increase its profit margins as others invest in manufacturing and marketing.
Same can be said about Netflix streaming service since it launched 14 years ago. It will take time for other manufactures to catch up. But Tesla will not hold monopoly in the long term. Once consumers demand rise towards EV instead of gas power vehicles the other players will increase competition. It is just a matter of time. The same thing will happen with FSD tech since a lot of competitors are also working on it. But working in ai myself I know this will take more time than the majority believes
Did you read the part about hardware, manufacturing, tooling costs? I realize you might not understand the implication of those fixed costs. Do you know tooling cost for Netflix? Let me give you a hint, it rhymes with hero. Please go lookup the fixed cost of a hardware business vs a software business. The same folks who laughed at Elon and said, “well NASA can’t do this, how will one company do this”, are now saying “well he did it, so anyone can”. Tesla and SpaceX are two of the most promising hardware business currently. Understand the variables. Your analogy is deeply flawed. Sorry my friend.
Duh! Taycan has been eating away their lunch
You can wait for that to happen or buy stocks of generational company while you wait for that to happen. I did the later in 2013
tesla has an actual battery and technology moat i think the bigger factor is if we can actually sustain the pace of batteries
Funny think about battery is it only matters when motor performance is also optimal. Rivian and lucid especially can compete on that aspect once the figure out how to build better cars in general
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Thank you for the incredible analysis! 1. Same can be said for iPhone because every other manufacturer makes a phone? 2. Netflix problem is lack of original content. I don’t see how you can transfer that analogy to Tesla Completely different market and industry
Not entirely comparable to apple. Apple has a wide array of products and can lock you in their ecosystem. Additionally, it is the only luxury brand in tech. Same cannot be said with Tesla.
My point is not about comparing apple to Tesla. But don’t compare Tesla to Netflix