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Information permeation through our bubbles is really phased. Consider the elapsed time between 'the first to know' and 'the last to know' and how that has atten
by 11thEarlOfMar 3y ago
Information permeation through our bubbles is really phased. Consider the elapsed time between 'the first to know' and 'the last to know' and how that has attenuated. Comments on this thread are a nice illustration of where we are.
It's interesting that there is no mention in the article about most auto makers adopting the Tesla charging standard and ceding profit on charging to Tesla. That pattern will continue as Tesla's all-out technology and investment sprint continues to widen the gap.
In my view, by the time the legacy auto makers get a profitable, competitively priced BEV into the showrooms, Tesla (and the Chinese companies) will have their low-cost factory running in Mexico, lowering the bar on them again. And then Full Self Driving will go wide as the final nail in the coffin.
I'm not a short-seller because people like short sellers about the same as undertakers, but if I were, I'd be betting that the legacy autos are declaring bankruptcy again in less than 5 years.