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I agree, Tesla was in a precarious position before Elon Musk decided to sabotage the company by being, to put it mildly, derisive. It would be hard to find a wa
by etempleton 2y ago
I agree, Tesla was in a precarious position before Elon Musk decided to sabotage the company by being, to put it mildly, derisive. It would be hard to find a way to sabotage the company more effectively.
Globally, BYD and other Chinese-made electric cars are getting very close to Tesla in terms of price / quality as is Hyundai/Kia and other traditional auto makers. There are also premium upstarts like Lucid and Rivian that are cutting into the high-end not to mention BMW, Audi, Mercedes and every other car manufacturer. Tesla is getting squeezed and their development of new car models is not nearly fast enough to keep consumers interested.
A lot of right-leaning people won't buy an electric car out principle of it being seen as "green" and now a lot of left-leaning people won't buy a Tesla out of principle because they dislike Elon. And even if you ignore all of that or don't care you have to deal with the fact that if you drive a Tesla lot of people will automatically think you are a jerk.
Add all this to a still wildly inflated stock price and you have a potential nightmare scenario for Tesla as a company.
- tim333 2y agoMusk say they are going to sell many robots.