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Just like how Apple is a chip fabrication company? I don't think so. Tesla was the first company to introduce OTA updates, something unheard of in the car indus

• drzaiusapelord 12y ago
  Except Apple is successful and Tesla is not. When articles like these come out for a company bleeding money its something to worry about. I think its obvious the lithium-ion just doesn't have the lifespan and density to replace cars. At least when gas is under $6 a gallon. After 4-5 years the resale value of that $30k battery pack is non-existant as its begining to fail. We're seeing this a lot with hybrid sales where the car's battery pack has a fraction of its capacity. The makes the motor work harder, but with a pure EV car there is no gas motor to take up the slack. I have very low hopes for EVs. Even if Tesla lowered battery prices by 20%, which would be impressive, they're still extremely expensive and still wear out quickly. They make sense when gas is crazy expensive, but its not, especially with all this investment in shale oil. I imagine the future will have more efficient hybrids and perhaps Tesla will migrate to a hybrid company if they want to stay alive. 100k for a range anxiety inducing EV with a low resale value after x years due to its $50k battery pack wearing out is not the vision of the future here.
  • jagtesh 12y ago
    Do they have to be profitable? Yes. Will they move to manufacturing hybrids? Probably. But they're definitely not a battery company. At least not yet.