09-24-2020, 08:28 PM
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#302
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Lifetime Suspension
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Quote:
Originally Posted by Enoch Root
Tesla does not have anywhere near the lead or ongoing advantage that some of you believe.
90% of the electric market, going forward, will be lower-cost vehicles ($40k and down). Tesla will have no advantage there against Hyundai, Kia, Toyota, etc. And profit margins at the low end are all about production efficiency, not technological advantages. Tesla will not be able to compete with those companies in that market, within 3-5 years.
In the higher end market, the Germans will destroy them for the same reasons. The big 3 are all already making electric vehicles, and their lineups will expand significantly over the next 3 years. Again, they have massive advantages over Tesla on all aspects of automobile design, with the small exception of electric-specific tech, which they will catch up on in no time.
In order to justify the stock price, Tesla needs to gain a VERY significant market share. But as all the other (much larger and more efficient) manufacturers start rolling out their lineups, that market share just won't materialize.
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I will quote this because it will age very very badly. This is EXACTLY the same things the short sellers have been saying for years and have lost their shirts.
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