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BMW and Mercedes aren't showing any real YoY growth. They have some token electric offerings, but don't seem particularly committed. This is HN, the difference
by snovv_crash 4y ago
BMW and Mercedes aren't showing any real YoY growth. They have some token electric offerings, but don't seem particularly committed.
This is HN, the difference in value between a growth company and an incumbent should be at the front of our minds at all time.
- oblio 4y agoYou haven't been paying attention to Mercedes' EVs, especially. Quick, how many models do they have? Edit: I'll skip the suspense, they have 10 models, more than Tesla. And several more are on the way.
- clouddrover 4y ago> They have some token electric offerings, but don't seem particularly committed. The Mercedes EQS achieves greater range than any Tesla in real world highway range tests: https://insideevs.com/reviews/443791/ev-range-test-results/ https://insideevs.com/reviews/443791/ev-range-test-results/ So your claim is that can't Tesla can't match Mercedes' token EV offering? Why isn't Tesla showing more commitment? Tesla doesn't match the BMW iX either. Or the Lucid Air. Or the Hummer EV: https://insideevs.com/reviews/612030/hummer-ev-range-test/ https://insideevs.com/reviews/612030/hummer-ev-range-test/ It's like Tesla's not even trying.
- t0mas88 4y agoThat growth is only interesting for two types of companies. One software companies or similar industries where marginal costs are nearly zero, so rapid growth promises huge future profits. And two, companies that could form a monopoly out of that growth to be hugely profitable. Tesla is neither of those things. So it's not a good long term investment, only a good short term one if the hype continues long enough and you can sell to someone else before profit realities kick in. The tricky thing is that you don't know when that will happen, could be 15 years from now, could be next month.