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Thread: I'm betting Tesla is toast..

  1. #1

    I'm betting Tesla is toast..

    The emerging competition has far more experience in the car development and production business. Elon's company has been nothing but a money burner.

    https://www.bloomberg.com/news/artic...musk-and-tesla
    "Dark humor is like food. Not everyone gets it." - J. Stalin

  2. #2
    Registered User PeoplesElbow's Avatar
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    The crazy thing is at one point Tesla had a larger market cap than Ford, all while still losing money.
    If what I say offends you then you really don't want to hear what I keep to myself.

  3. #3
    Power with Control glhs837's Avatar
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    We'll see. There will be more competition, but I think if Tesla can nail down production of 5,000 a week, and continue to roll out the charging network, they stand a good chance. The last line of the article even makes that point.

    Even so, Tesla is set to remain a force in the electric vehicle market, according to IHS Markit. It’s persevering, and doesn’t show any sign of letting up, according to Stephanie Brinley, an analyst with the researcher.

    “Tesla has a good starting point, and new competition doesn’t negate Tesla,” she said.
    And of course the Semi is a factor they didnt even talk about. That looks to be a solid money maker also.

    https://www.thestreet.com/investing/...ction-14584817


    So I'd say it's even money at this point.
    "I aim to misbehave."

  4. #4
    Power with Control glhs837's Avatar
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    Here's part of the problem :) Not all of it, but part. Young guy speeding blows a car into smoking wreckage, but the title reads as if Tesla had a damn thing to do with it.

    https://electrek.co/2018/05/09/tesla...fire-national/
    "I aim to misbehave."

  5. #5
    INGSOC GURPS's Avatar
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    Quote Originally Posted by glhs837 View Post
    .... but the title reads as if Tesla had a damn thing to do with it.


    I'm sure Ford had the same problem after that Pinto was rear ended by a dump truck
    or NBC Set fire to a Chevy C-10 in staged for TV Special Accident
    We’re tempted to suggest a conspiracy here — but it’s just liberals agreeing yet again that conservatives have hidden, evil motives, because modern liberals simply can’t conceive of any other reason to disagree with the liberal consensus.

    “Moral precepts are constant through the ages and not obedient to circumstances.”

  6. #6
    Power with Control glhs837's Avatar
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    Quote Originally Posted by GURPS View Post
    I'm sure Ford had the same problem after that Pinto was rear ended by a dump truck
    or NBC Set fire to a Chevy C-10 in staged for TV Special Accident
    Right, but how much effect such press shenanigans have are a bit different now than the 70 or 80s. The echo chamber effect is one piece of that. The ability of established car companies and Shorters to plant/pump stories that fit the meme is another. Another aspect is the the effect can be magnified out mitigated a bit by the size of your operation. A problem with the pinto doesn't affect F150, while any article on Tesla stains all three vehicles. And if course Tesla is tiny compared to Ford or GM.
    "I aim to misbehave."

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