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Having personal transportation, rather a horse, a bike, or a car, is pretty vital for a lot, if not most of us, here in the US. Self driving shuttle services w
by oblib 10y ago
Having personal transportation, rather a horse, a bike, or a car, is pretty vital for a lot, if not most of us, here in the US.
Self driving shuttle services will be a great new way to transport us, especially in metro areas, but this won't work very far from the center of those so if the valuation of that market is too optimistic in regards to Tesla the holders of their stock will pay for it.
If you look at the number of US car companies that have started from scratch in the past 70 years you don't see many still standing (pretty close to none). Tesla has a very different model though so we can't lump them in with most all of the others.
In my own humble opinion, I think Tesla's fate will be decided by how fast they can produce a low end, very affordable and dependable car for the masses. If they can deliver that within the next 3-4 years they've got a very good shot at moving up to competing with Ford and GM.
If they instead try to compete with higher end cars they'll find that's a hard road to travel. At some point soon the big players will produce a car that's a competitive option and dilute their market and they'll die.
It's worth remembering that both Honda and Toyota captured market here with affordable dependable cars, not luxury cars. Those came quite a few years later.
I fully expect Tesla will produce an affordable car though, and it would make perfect sense if they called it a "Model T".