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>The real problem for Tesla is that their destiny is probably to be the next BMW - a good midrange luxury car maker, about #12 in the world on volume I think t
by aphextron 9y ago
>The real problem for Tesla is that their destiny is probably to be the next BMW - a good midrange luxury car maker, about #12 in the world on volume
I think this is dead on. People are expecting Tesla to be the GM of EV's but that's never going to happen. GM will be the GM of EV's. Bolt and Nissan Leaf have both far outsold all Tesla models combined, and that's not even a fraction of the worldwide EV fleet that exists now. There are over a dozen competitors to Model 3 at this point.
- exolymph 9y ago> Bolt and Nissan Leaf have both far outsold all Tesla models combined, and that's not even a fraction of the worldwide EV fleet that exists now. And Android phones are for more numerous than iPhones. My point here is just that pure number of units sold does not determine a company's value.
- FartyMcFarter 9y agoBut iPhones are sold for a profit. I'm not sure that Tesla cars are (especially when those government EV subsidies expire).