4 ms·

Yeah, Tesla is probably somewhat overvalued right now, but what were you thinking of doing? Investing in BMW or Ford instead for their breathtaking and innovati

Yeah, Tesla is probably somewhat overvalued right now, but what were you thinking of doing? Investing in BMW or Ford instead for their breathtaking and innovative self-driving electric cars? Please, give me a break. Those companies are stagnant and dying regardless of what their profit margins may be.

hourislate 9y ago
Ford and GM remind of Blackberry and Nokia management when Apple released the iPhone. They just couldn't grasp what was about to happen. Since 2012 Li batteries have fallen in price by 70%. I suspect they will continue to fall as they get more powerful. I expect to see a Tesla in 5 years that can get 600-800 miles per charge. At that point it will be terminal for the Big 3.
lawrenceyan 9y ago
Both Ford and BMW have really been ramping up these past few years actually. Ford is supposed to be releasing their mass produced self driving car in 2020 and BMW already has the i3/i8 out with a supposedly Model 3 equivalent expected to be released in 2018/2019. I applaud your confidence in Tesla, somewhat arrogant in tone though it may be, but you clearly have a narrowed view on the industry as a whole. Aside from entrenched automotive companies, have you given thought at all to the massive amounts of nation state funded companies coming out of Asia? Tesla is facing some major competition, and it very much is not as clear cut as you make it out to be. And I say this as someone who has invested and continued to invest in Tesla all the way back to when its stock was less than $30. In my opinion though, and for the consumer in general, more competition is very much a good thing. Don't get caught up too much in any one company or business. It's about sustainable energy production as a whole, shifting away from fossil fuels as an obsolete source for humanity and the world overall.

4 ms·

Yeah, Tesla is probably somewhat overvalued right now, but what were you thinking of doing? Investing in BMW or Ford instead for their breathtaking and innovati

by partingshots 9y ago

hourislate 9y ago
Ford and GM remind of Blackberry and Nokia management when Apple released the iPhone. They just couldn't grasp what was about to happen. Since 2012 Li batteries have fallen in price by 70%. I suspect they will continue to fall as they get more powerful. I expect to see a Tesla in 5 years that can get 600-800 miles per charge. At that point it will be terminal for the Big 3.
lawrenceyan 9y ago
Both Ford and BMW have really been ramping up these past few years actually. Ford is supposed to be releasing their mass produced self driving car in 2020 and BMW already has the i3/i8 out with a supposedly Model 3 equivalent expected to be released in 2018/2019. I applaud your confidence in Tesla, somewhat arrogant in tone though it may be, but you clearly have a narrowed view on the industry as a whole. Aside from entrenched automotive companies, have you given thought at all to the massive amounts of nation state funded companies coming out of Asia? Tesla is facing some major competition, and it very much is not as clear cut as you make it out to be. And I say this as someone who has invested and continued to invest in Tesla all the way back to when its stock was less than $30. In my opinion though, and for the consumer in general, more competition is very much a good thing. Don't get caught up too much in any one company or business. It's about sustainable energy production as a whole, shifting away from fossil fuels as an obsolete source for humanity and the world overall.