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The battery is still one of the more expensive components and it is only going to get cheaper. Tesla are also vertically integrated - they are geared to catch
by radicalbyte 5y ago
The battery is still one of the more expensive components and it is only going to get cheaper.
Tesla are also vertically integrated - they are geared to catch more revenue than just the car sales. They're in a prime position to take the running costs - fuel cost (superchargers), insurance (software edge) and eventually repairs and finance.
Traditional companies have that too - VW have insurance, Volvo have finance and all dealers have repairs. However Tesla have a serious information edge in all of those areas, they look like a real next generation company there.
- greedo 5y agoConsidering that they can't repair cars now, and often deliver cars with defects that shouldn't have left the factory floor, I think you're being wildly optimistic.
- jgalt212 5y ago> The battery is still one of the more expensive components and it is only going to get cheaper. That's a forward looking statement. To make it even more interesting is that CPI just clocked in at the highest rate in 30 years. That's not to say that battery prices will correlate 1:1 with CPI, but accelerating CPI does not bode well for any supplies getting cheaper in the future.