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Tesla just had a phenomenal quarter so no, this is just the mediocre overpriced EV's being sold at a loss by legacy auto.
by valianteffort 2y ago
Tesla just had a phenomenal quarter so no, this is just the mediocre overpriced EV's being sold at a loss by legacy auto.
- kibwen 2y agoCompared to BYD, Tesla is "legacy auto".
- indemnity 2y agoI agree from a long term prospect point of view. They are so vertically integrated, control much of their supply chain, and are not hamstrung by an increasingly erratic and irrational CEO. Test drove both Model 3 Performance and BYD Seal Performance both before settling on a Tesla, it was close. Price wise about 20% cheaper (I am in a country that does not put tariffs on BYD). But currently, the BYD software is….. not great, comparatively. The cars are decently made though, and look pretty good. Drive ok, but M3P is a much sharper drive. Another vehicle generation of improvement though, Tesla would need to watch their backs.
- ryandvm 2y agoFunny how two people can look at the same chart and see exactly what they want. One person sees a roughly flat multi-year sales chart (true) and another sees significant growth in the last quarter (true) and somehow they arrive at opposite conclusions.
- bobthepanda 2y agopeople generally don't look at quarter-to-quarter growth because there can be wild swings explained by seasonality (e.g. the major holiday shopping season in Q4)
- valianteffort 2y agoWhere did I say growth? I said it was phenomenal. Funny how you just misinterpreted my comment to make your vapid retort.
- gorpy7 2y agoThe number of cars didn’t go up dramatically but the margins on each car improved. It makes for a healthier company that can go out and do other things like make little buses.