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> We see Tesla struggle with this, But, Toyota and Honda have this down to a science like no other manufacturer A lot of us overestimate what can be done in a
by gopalv 6y ago
> We see Tesla struggle with this, But, Toyota and Honda have this down to a science like no other manufacturer
A lot of us overestimate what can be done in a year, underestimate what can be done in five and can't even guess what can be done in a decade.
I've heard the exact same sentiment said about the Detroit automakers when compared against a Datsun - unquestionable dominance (or Nokia or Ericsson).
Not to say Tesla will be the winner here. But it only takes another oil crisis for this to snowball in a new direction.
If you want a close enough comparison on how dominance can hurt you, compare what's going on with Harleys in the last 5 years vs what an Indian Scout or a Husky EE 5 looks likes inside & out.
- screye 6y agoMarket dominance and true expertise through strongly enforced company culture is hard to counteract. I say this as someone who verkd for H0nd@ as a mechEngg and witnessed the culture on the inside. Nokia and Detroit automaker's collapse was tied to a certain lethargy and dysfunction in these companies. The economic downturn was the metal straw that broke the camel's back. Tesla will undoubtedly keep growing, but I find it unlikely that their margins will ever justify their stock price.