3 ms·

Unfortunately (or fortunately if you like cheap good cars) China has gotten ridiculously good at lithium batteries, and is rapidly eating the EV market. The tra

Unfortunately (or fortunately if you like cheap good cars) China has gotten ridiculously good at lithium batteries, and is rapidly eating the EV market. The traditional American and European brands are either sold to china, or falling behind. Tesla lead the market for quite a while, but lost their way trying to become a software company instead of perfecting manufacturing. They don't heave a lead anymore, and trust for their brand is tanking. Between tesla and a chineese EV, i trust both about equally now.

monkeywork 1y ago
Until N. America lifts the 100% tariffs on Chinese cars, it doesn't really matter if they are equal to Tesla or not in this market.
ta1243 1y ago
Tesla had no option -- its valuation was based on some massive new gains in software/power/etc, not on being a great car company.
- aDyslecticCrow 1y ago
  its evaluation med by musk yes. But they were a great car company, that would have done fine for itself regardless. Heck im not sure an overevaluation really helps their core buisness. They were innovative and years ahead in technology. Their heatpump supermanafold is still ahead of the rest of the EV industry. While the rest of the western manufacturers struggle to even make basic software for their cars. There is plenty to dislike about tesla, (asside from musk) like their spotty quality control and questionable infotainment cost cuts. But if they spent the last few years just perfecting and maturing as a manufacturer, they would be respectful leader in EVs now. Instead we get Cybertruck (brilliant engineering whasted on a childish design) and an insistence being a software company which it isn't. Chineese EVs had time to catch up, and now instead of a mature innovative and trustable western EV brand alternative, we got.... Tesla led by musk.
  - ta1243 1y ago
    Even in the best case scenario where they were a major global leader in EVs (difficult when you have an American mindset on what a car is), their valuation would still be less than 1/10th what it currently is.
speedgoose 1y ago
Tesla sells made in China cars with Chinese batteries at good prices though. In Norway, you can buy a Chinese Tesla Model 3 for the price of a BYD Dolphin. Easy choice.

monkeywork 1y ago

Until N. America lifts the 100% tariffs on Chinese cars, it doesn't really matter if they are equal to Tesla or not in this market.

ta1243 1y ago

Tesla had no option -- its valuation was based on some massive new gains in software/power/etc, not on being a great car company.

aDyslecticCrow 1y ago
its evaluation med by musk yes. But they were a great car company, that would have done fine for itself regardless. Heck im not sure an overevaluation really helps their core buisness. They were innovative and years ahead in technology. Their heatpump supermanafold is still ahead of the rest of the EV industry. While the rest of the western manufacturers struggle to even make basic software for their cars. There is plenty to dislike about tesla, (asside from musk) like their spotty quality control and questionable infotainment cost cuts. But if they spent the last few years just perfecting and maturing as a manufacturer, they would be respectful leader in EVs now. Instead we get Cybertruck (brilliant engineering whasted on a childish design) and an insistence being a software company which it isn't. Chineese EVs had time to catch up, and now instead of a mature innovative and trustable western EV brand alternative, we got.... Tesla led by musk.
- ta1243 1y ago
  Even in the best case scenario where they were a major global leader in EVs (difficult when you have an American mindset on what a car is), their valuation would still be less than 1/10th what it currently is.

speedgoose 1y ago

Tesla sells made in China cars with Chinese batteries at good prices though. In Norway, you can buy a Chinese Tesla Model 3 for the price of a BYD Dolphin. Easy choice.