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"When you can steal market share from existing incumbents, oftentimes with a 10x better product value proposition, then currency, interest rates, and consumer c
by edblarney 10y ago
"When you can steal market share from existing incumbents, oftentimes with a 10x better product value proposition, then currency, interest rates, and consumer credit are rounding error."
Tesla does not have a product that is fundamentally superior to anything.
Regular car companies releasing amazing electric cars that are now 'long range' and for 1/2 the price.
Tesla's nice display and 'danger modes' are a gimmick.
They are running out of competitive advantage very quickly.
And they are missing production milestones.