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Things won't add up for ICE automanufacturers long before Tesla gets in trouble. ICE sales are crashing in China already, while EV sales keep soaring. Remembe
by rcMgD2BwE72F 8y ago
Things won't add up for ICE automanufacturers long before Tesla gets in trouble.
ICE sales are crashing in China already, while EV sales keep soaring.
Remember that the two US giants (GM and Ford) went close to bankruptcy in 2008 because car sales went down a little (less than 8% IIRC).
Tesla is getting leaner by the day: they have everything already aligned for:
* battery r&d and production (leader)
* electric drivetrain (leader)
* autonomous driving (already the leader among manufacturers)
* OTA updates (leader)
* online sales (leader)
* charging network (leader, by far)
* ecosystem around energy production, storage and distribution (still leader)
What am I missing? A few factories and better comm', I guess.
Edit: investor since early 2012