3 ms·
You imply that Tesla is premium nameplate and therefore won't grow in the future as much as other, non-premium, nameplates. That's not true. Tesla's cost to va
by kjksf 6y ago
You imply that Tesla is premium nameplate and therefore won't grow in the future as much as other, non-premium, nameplates.
That's not true. Tesla's cost to value ratio is the best in the business. Yes, you can find a cheaper electric car but it'll also be a much worse car than Model 3.
If you spec VW's ID.3 or ID.4 to the closest Model 3 / Y, you'll find that you're paying about the same for less (less range, smaller screen, software that is generation behind, no supercharging network and more).
Additionally, Tesla's profit margins are the best in the car business (not just electric car business) while reports say that VW is loosing $3-$4k per car and doesn't expect to have them profitable until 2025.
Or compare the prices of just unveiled GM's Hummer EV with prices of Cybertruck. Hummer is 30-50% more expensive.
The first truly mass market car, the one that tips the scale towards electric cars, will also come from Tesla, not from any other car maker.
Tesla already announced $25k in 2022. No-one else is even close to producing a decent EV at such price.
- conk 6y agoBase model Cybertruck: $40k Base model Hummer EV: $80k Both 250 mile range, 2 wheel drive. That’s 1/2 the price. Heck you can get the top of the line cybertruck with 500 mile range for less than the base hummer.