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Tesla has 68% of the electric car market, 20% of the luxury market, and 2-3% of the overall auto market. Where does your personal definition of successful begin
by tomnipotent 4y ago
Tesla has 68% of the electric car market, 20% of the luxury market, and 2-3% of the overall auto market. Where does your personal definition of successful begin?
- jrm4 4y agoJust not enough time in the market + Elon being good at capital raising and cheerleading. I'm not saying they're definitely a failure, I'm 100% saying there's no reason to necessarily believe that this sustains in the future. "Tesla has a real shot at being successful" is definitely true. "Tesla is unquestionably already a success" is not.
- maximinus_thrax 4y agoAre these numbers going up or down?
- mlindner 4y agoTheir percentage is going down as the EV market itself is growing faster than Tesla sales.
- ProjectArcturis 4y agoAnd, having (temporarily) achieved that market share, are they earning enough profits to justify their risk-adjusted cost of capital?
- deleted 4y ago[deleted]