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Tesla is the Nokia of car business. Once a huge player. Destined for obscurity
by lalalandland 4y ago
Tesla is the Nokia of car business. Once a huge player. Destined for obscurity
- humanlion87 4y agoWhen have they ever been a huge player in the car business? They are a tiny percentage of the total number of cars sold. Or did you mean to specify electric cars only?
- mmanfrin 4y ago> When have they ever been a huge player in the car business? Their market cap is currently more than double the next largest car company on earth.
- dmreedy 4y agoBy the same logic one might say that Gamestop was one of the biggest players in brick-and-mortar retail for a few minutes there.
- atlasunshrugged 4y agoI think that's kind of their point -- they had a huge market cap but shipped dramatically fewer vehicles than the majors
- mikeg8 4y agoI believe they meant EVs
- lalalandland 4y agoThey are a huge player in the EV business.
- josefresco 4y agoThey might take the Apple route. Incredible initial product, years of languish and then rebirth courtesy of a new product.
- runlevel1 4y agoI think TiVo would be a better analogy if that ends up being their fate.
- leesec 4y agoNah I think they'll continue to be a huge player. People love their cars. Maybe you mean GM.