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Tesla only shows one of two things 1) Their profit margins are significantly lower than what traditional manufacturers are willing to sustain for the luxury ca
by Misdicorl 8y ago
Tesla only shows one of two things
1) Their profit margins are significantly lower than what traditional manufacturers are willing to sustain for the luxury car market
2) The traditional manufacturers were bad at calculating the profit margin of a luxury EV
- dv_dt 8y agoIsn't this how competitive markets supposed to work? With entrants competing to offer lower prices to consumers?
- Misdicorl 8y agoYes. The parent point is that Tesla isn't evidence of EVs being a `seismic shift` or that `betting against big oil is dangerous`. The general point is that comparing EVs to the internet and/or mobile phones (which became entirely new, and important markets) is ridiculous. In the extreme.