Comment by Danox
1 day ago
It’s a scam and the party will be over when Tesla finally bites the dust, and it will. The worldwide trajectory is not in their favor.
1 day ago
It’s a scam and the party will be over when Tesla finally bites the dust, and it will. The worldwide trajectory is not in their favor.
What makes you say that? Chinese EVs?
Not parent, but Tesla is currently worth more in the stock market than the ten biggest car seller combined
That's with falling sales, with no new product in sight and their latest release a big dud (despite SpaceX ordering massive amount of it to prop it up), and with a pricing and thus margin that is going to be massively lowered or beaten by Chinese ev. Protectionism by the US can only go so far, the US alone doesn't have a trillion dollar worthy car market.
They're also losing the race in self driving, and the biggest innovation in EV (semi instant charging) is coming from China not from them.
They had a lead and a massively advantageous legal situation and they squandered it, now you add the association of Elon to the brand making it toxic in many places and it's not looking rosy, the brand can be fine but it's valuation at one point or another will have a wake up day.