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I don't follow this very closely, but hasn't Volkswagen already shown they're not that far behind, and aren't they already outselling Tesla in Europe? I've watc
by notJim 5y ago
I don't follow this very closely, but hasn't Volkswagen already shown they're not that far behind, and aren't they already outselling Tesla in Europe? I've watched a lot of the ID4 reviews (since I'm in the US and we don't get the ID3), and the issues with the car seem very minor, and potentially fixable with OTA updates. If they end up selling a lot of them, that should take a lot of the wind out of Tesla's sails IMO.
- clomond 5y agoI am hoping that VW and others can get to scale quickly. If priced correctly (not too high), I don’t see why VW won’t be able to sell every car they are able to make. The key thing when looking at these metrics are that it is primarily a supply defined market rather than a demand defined one. And, it is about offering a low enough price such that the market will buy it - while hopefully gaining some positive margin on each. The outselling of Tesla I’m not going to take at face value yet until Tesla’s Berlin factory comes online. Note that Europe sales thus far have been dependent on imports and that it’s quite likely Tesla has been focused on delivering and collecting cash on NA/Asia sales and having the European customers wait a few quarters.
- hindsightbias 5y agoWith ICE vehicles being 98% of the market it's not about competition for a sliver of the market. It's about who can scale. And that is a function of batteries and car bodies. Tesla probably leads in batteries, whereas VW leads in factory capacity.