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Funny to see the stock quotes at the end of the article: all mentioned manufacturers are in the +/- 1%, while Tesla is up +6.5%. Don’t expect traditional manuf
by MaanuAir 7y ago
Funny to see the stock quotes at the end of the article: all mentioned manufacturers are in the +/- 1%, while Tesla is up +6.5%.
Don’t expect traditional manufacturers to enter the retrofitting market though : not interesting at all for them.
They will just prefer to sell new units, still against the « reuse, recycle » more ecological principle, to ensure shareholders’ happiness.
- navigatesol 7y ago>not interesting at all for them. Or perhaps "not the business they're in"? >all mentioned manufacturers are in the +/- 1%, while Tesla is up +6.5%. Not sure what you mean here.
- King-Aaron 7y ago> Don’t expect traditional manufacturers to enter the retrofitting market though I don't know, you might see it happen down the track. Currently the large manufacturers like Chevrolet, Ford, etc offer 'crate engine' products for retrofitting into older/other vehicles. No reason you may not see them offer an electric crate package in the same way you can get a LSA crate package. Granted, it's not like a 'plug and play' proposition - some DIY is required - but still, I don't think it's too big of a stretch to imagine it. https://www.chevrolet.com/performance/crate-engines/lsa https://www.chevrolet.com/performance/crate-engines/lsa
- tumetab1 7y ago> Funny to see the stock quotes at the end of the article: all mentioned manufacturers are in the +/- 1%, while Tesla is up +6.5%. Tesla is a speculative stock. Tesla almost all quarters generates losses while the other makers are "regular business" with varying profits. > Don’t expect traditional manufacturers to enter the retrofitting market though : not interesting at all for them. No car brand is selling kits for retrofitting. Regarding car parts Tesla is worse than most car makers. Most Tesla parts are salvaged instead of sold. > They will just prefer to sell new units, still against the « reuse, recycle » more ecological principle, to ensure shareholders’ happiness. All USA public traded business are mandate as such. Companies which seek to prioritize ecology over profits need to stay of the public traded stock market.
- nudpiedo 7y agoI expect them to do it when they feel it will hit harder the competitors, for example if one year they expect to lose market share, better reduce the profit of the others until they are ready to beat them up. It is like when a software giant gives away some technology as open source so the competitors cannot make profit on the previous market segment they occupied, and keep closed source the biggest ROI segment.