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To add to this: - There aren't compelling new models to sell to existing customers. If you bought (not leased) a Tesla, there isn't much reason why you might w

To add to this: - There aren't compelling new models to sell to existing customers. If you bought (not leased) a Tesla, there isn't much reason why you might want to upgrade. How long as the current Model S design been around? Even though there is an updated Model 3, it's really hard to tell from the exterior design. The changes were subtle. - The interiors are still less "fancy" than other cars in their peer group. And with more cars in that premium EV peer group, interior design is important. - The constant price changes really messed with resale values. When Tesla is about to have a bad quarter, they drop prices substantially. This in effect makes all current used Teslas less valuable. This drops their resale value, which in turn (a) makes current owners angry, and (b) makes it so that current owners have less money on a trade-in to buy a new car. In my mind, the company is still learning how to be a car company. They've shown that they can make cars (pretty high quality). But they haven't really shown that they can sell multiple cars to a customer.

dagmx 2y ago
The third point is also why I don’t trust Elon’s leadership anymore. It’s too impetuous these days. This is true of how he runs Twitter as well as Tesla. The first two points are also very true and emblematic of a company following their impulsive leaders whims. The biggest refreshes any of their models have gotten since launch are either very negatively received (yoke without steer by wire, removal of stalks) or have been cost cutting measures. Highland Model 3s barely moved the needle for anyone who isn’t an active Tesla observer. All their resources have gone into the cybertruck and robotaxi. I disagree though that they’re learning to be a car company. I think they have shown they can sell multiple models. However the problem is they have poor leadership. They’re now stuck in the same rut as many of the Japanese brands are when they hyper focused on certain aspects of their business. Elon is hyper focused on cutting costs and refreshing their models goes against that. Whatever mid life crisis has entrenched this immature side of him is reflected in the company. It needs to mature itself into a company that can deliver across the board in the way they used to innovate and I don’t think they can do that with him at the helm any longer.
dzhiurgis 2y ago
> There aren't compelling new models to sell to existing customers. Environmentally that's kinda the best. Selling boring models in the millions is better than VW's 20 different models with 100 options. Same model means easier repairs, more accessories, better secondary market.

dagmx 2y ago

The third point is also why I don’t trust Elon’s leadership anymore. It’s too impetuous these days. This is true of how he runs Twitter as well as Tesla. The first two points are also very true and emblematic of a company following their impulsive leaders whims. The biggest refreshes any of their models have gotten since launch are either very negatively received (yoke without steer by wire, removal of stalks) or have been cost cutting measures. Highland Model 3s barely moved the needle for anyone who isn’t an active Tesla observer. All their resources have gone into the cybertruck and robotaxi. I disagree though that they’re learning to be a car company. I think they have shown they can sell multiple models. However the problem is they have poor leadership. They’re now stuck in the same rut as many of the Japanese brands are when they hyper focused on certain aspects of their business. Elon is hyper focused on cutting costs and refreshing their models goes against that. Whatever mid life crisis has entrenched this immature side of him is reflected in the company. It needs to mature itself into a company that can deliver across the board in the way they used to innovate and I don’t think they can do that with him at the helm any longer.

dzhiurgis 2y ago

> There aren't compelling new models to sell to existing customers. Environmentally that's kinda the best. Selling boring models in the millions is better than VW's 20 different models with 100 options. Same model means easier repairs, more accessories, better secondary market.