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Tesla already changed global transportation, by dragging auto manufacturers kicking and screaming to make real investments in electric transportation. They've a
by marvin 6y ago
Tesla already changed global transportation, by dragging auto manufacturers kicking and screaming to make real investments in electric transportation. They've averaged a CAGR of 40% or so for the fast decade and have no intentions of slowing down.
Obviously they won't get 100% of the global auto market, but they're much more influential and dangerous than you'd be led to believe just by looking at their market share.
By the way, SpaceX performed 65% of all the orbital space launches that happened in 2018. Worldwide. Competitors mainly being the ULA and the space programs of sovereign state actors.
- qayxc 6y agoThese investments are due to changes and mandates from legislation, though, not market pressure [1]. Governments are pushing for total fleet emission limits and automakers are forced to either build EVs or pay fines (or Tesla - same deal). > By the way, SpaceX performed 65% of all the orbital space launches that happened in 2018. And that has what to do with EVs and Tesla? Whataboutism at its finest... [1] https://www.theverge.com/2019/4/8/18300393/tesla-fiat-chrysler-credits-european-union-emissions-fines https://www.theverge.com/2019/4/8/18300393/tesla-fiat-chrysl...
- marvin 6y agoI was referring to GP, who said >It's nice to see Tesla and Spacex changing global transportation