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When Tesla shows triple digit growth in a market that didn't exist, that's genius. When competitors effectively start to eat up its lunch that's misleading, not
by hirako2000 2y ago
When Tesla shows triple digit growth in a market that didn't exist, that's genius. When competitors effectively start to eat up its lunch that's misleading, not newsworthy.
I also find the headline and tone very catchy, perhaps biased. But this company has been so over hyped, even Musk himself recognizes its market valuation is ridiculous and that he would advise holders to sell.
EV will continue to grow as a hyper competitive market, as Elon said there is Tesla and 9 other makers, all Chinese, in the top 10. I wish Tesla the best but century old car makers are also in the race and aren't just retarded business aristocrates employing sub-par engineers.
Tesla's figures may continue to show poor results, car makers opex are massive, we may not see Tesla deliver any vehicle ever again by 2025 end. Not a wish, but those figures are a disaster for a company that should rather see healthy spikes in the expanding European EV markets.