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I do think Tesla is way over valued at the moment. How could they be worth more than the market cap of all the vehicle companies combined? There isn’t going to
by stingrae 6y ago
I do think Tesla is way over valued at the moment. How could they be worth more than the market cap of all the vehicle companies combined? There isn’t going to be largely more numbers of vehicles bought each year.
As to why Tesla could be the winner? One reason is that all the other automakers are failing to produce mass market EVs that anyone wants to buy.
- ckdarby 6y agoMy wife & I are considering our next vehicle our last non-electric one. We consider every vehicle brand a joke aside from Tesla.
- jennyyang 6y agoThere are many reasons why Tesla is not optimal. If you get into an accident, your car will be in the shop for months. Literally months. I have a Tesla with a minor trim at the bottom of the car got damaged. It took 3 months, and they had to take apart the entire car. Literally even the back seats were taken apart just to change the trim on the bottom. It cost over $10,000. Tesla's quality has dropped so much that JD Power's latest survey ranked it near the bottom in terms of quality. Everyone that has a Tesla says that they are fun to drive (they are) but they feel cheaply made. The European car manufacturers are coming out with electric cars and I think they're ability to create a luxurious feel will make a big dent to Tesla's sales. Case in point, the Porsche Taycan looks amazing and will be a competitor to the Model S.
- skinnymuch 6y agoI thought the JD rankings are known to be fraud with issues, pay to play, favoritism (especially American brands) and so on.
- ckdarby 6y agoNobody in my circle of aged 25-35 North American friends talk about buying a Tesla because it is only an electric car. It is the whole package that gets people to buy it. Not only does it look good, it feels smooth while driving, it actually feels like it is a modern vehicle, the software updates and "autopilot". Every known vehicle manufacture outside of trucks & SUVs have no brand value to "millennials". I don't know anyone I communicate with who is excited to buy a ford, toyota, and or even a porsche car.