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Yes, but as of yet Tesla isn't selling budget vehicles and have a niche of their own. And unfortunately it seems US auto decided to target the more luxury end o
by I_Am_Nous 3y ago
Yes, but as of yet Tesla isn't selling budget vehicles and have a niche of their own. And unfortunately it seems US auto decided to target the more luxury end of the spectrum and release expensive EVs at the worst possible time.
- toomuchtodo 3y agoBYD targets volume, Tesla targets margin. The solution for Tesla to go downmarket is the Model 2 (codenamed Redwood). https://www.motortrend.com/news/tesla-model-2-model-c-model-q-small-ev-future-cars/ https://www.motortrend.com/news/tesla-model-2-model-c-model-...
- I_Am_Nous 3y agoIf they can hit $25k for a Model Foo that would be awesome :)
- kurthr 3y agoAnother way to look at this is BYD targets revenue with profit secondary, Legacy manufacturers target profit with volume secondary, and Tesla targets margin with profits secondary.
- takerjop 3y agoTesla is the new Solyndra in the making now. Worldwide EV will get swallowed up by Chinese EVs, with BYD currently spearheading that. Tesla will retreat back to USA and hunkered down in America until perish or niched like Segway or Chrysler.