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I have an inkling that Tesla has now gained long-term credibility, and we're on the cusp of seeing much broader adoption by a mass of non-early adopters -- peop
by cs702 7y ago
I have an inkling that Tesla has now gained long-term credibility, and we're on the cusp of seeing much broader adoption by a mass of non-early adopters -- people who will evaluate buying a Tesla the same way they would evaluate any other brand, based on boring criteria like long-term quality, day-to-day reliability, service convenience, overall reputation, interior features, exterior design, and resale value. The stock market appears to be pricing this scenario.
Conversely, the worst-case scenario for Tesla as a business, at this juncture, may be that it finds itself unable to remain financially sustainable over time... and ends up getting acquired by another car marker salivating over the prospects of getting its hands on the company's technology and infrastructure.
PS. I write this as someone who has purchased and owned multiple luxury European vehicles (mainly BMW and Mercedes) for the past 20+ years; for the first time, I'm seriously considering switching over to a Tesla when I replace my current vehicle.