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Not every loss making company is an Amazon in the making :) Tesla is likely coming to the end of the period where they have a relatively unique portfolio of pr
by rtempaccount1 7y ago
Not every loss making company is an Amazon in the making :)
Tesla is likely coming to the end of the period where they have a relatively unique portfolio of products. We're starting to see the traditional car makers come up with competitive vehicles.
Whilst Tesla may ride this out fine, it's likely to have an impact on things like margins, going forward.
- npo9 7y agoIs there an electric car that is a true competitor to the Model S?
- xkjkls 7y agoThe Model S sales are down close to 70% YoY. That’s very obviously not the platform of the future
- rtempaccount1 7y agonot sure I've seen a good analogue for the Model S (yet) closest competitor for the Model X at the moment appears to be the Jaguar I-Pace. For the model three there's things like the Hyundai Kona and Renault Zoe which are becoming competitive. I don't think it's there yet, but if I was an investor looking at a 2-3 year timeline, you've got to expect increased competition as there's various models coming along from various companies. Not all of them will be successful, but it's a fair likeliness that some will be.