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Yes and: > will be 100% electric with their own batteries And their own mines. From my casual reading, only the Chinese manufacturers will have comparable int
by specialist 5y ago
Yes and:
> will be 100% electric with their own batteries
And their own mines. From my casual reading, only the Chinese manufacturers will have comparable integration, economies of scale, efficiencies.
Even so, I think you are still understating Tesla's many competitive advantages.
The biggest one, IMHO, is Tesla insurance. As Warren Buffet has shown with Geico, this is among the lowest cost capital available. Meaning Tesla will have even better financials than their competitors.
It's such an obvious idea. It still baffles me why GM chose loans over insurance, GMAC, all those years ago.
- panick21_ 5y agoTheir lithium mine will take a couple years and it will never be the majority of their lithium supply. But I agree, they have lots other potential income streams.