Tesla will be making cars in 20 years. There will probably be mergers and acquisitions as EV manufacturing sorts out over the next couple decades so the label may be part of something else, or vice versa, but the essence of the company will still be there.
Musk will be 70 in 20 years and may chose or be forced to step away before then.
Tesla sold almost a million EVs last year. And they are expected to sell about 1.4 million this year.
Plus, they have the highest auto profit margins in the industry.
Why do you folks think it's all an illusion and Tesla will go bankrupt?
I dont agree with folks who call it a scam or that he is a charlatan. He's a bona fide genius. But...yes tesla will be bankrupt soon. He is obnoxious and getting more right wing nut by the minute and that aint good for selling e-cars that already now have a ton of competition. He wont go bankrupt, but I dont see him selling cars. Maybe the right wingers will flock his way as they adopt Electric vehicles? Maybe he sells more. But he doesnt need to get drawn in to all this craziness. See Bill Gates, Warren Buffet.
Tesla sold almost a million EVs last year. And they are expected to sell about 1.4 million this year.
Plus, they have the highest auto profit margins in the industry.
Why do you folks think it's all an illusion and Tesla will go bankrupt?
I dont agree with folks who call it a scam or that he is a charlatan. He's a bona fide genius. But...yes tesla will be bankrupt soon. He is obnoxious and getting more right wing nut by the minute and that aint good for selling e-cars that already now have a ton of competition. He wont go bankrupt, but I dont see him selling cars. Maybe the right wingers will flock his way as they adopt Electric vehicles? Maybe he sells more. But he doesnt need to get drawn in to all this craziness. See Bill Gates, Warren Buffet.
I agree with some of what you said Elon's personal qualities.
But Tesla is incredibly successful because they make cars that are better than all the others. And they make them more profitably. The competition isn't catching up. They are falling further behind.
The only automakers that have much of a chance to compete with Tesla in the coming years are VW and BYD.
It's possible, but I have doubts. The guy is a total charlatan IMO, he can only keep the illusion up for so long
Yeah, I’ve been faking all those successful rocket launches and my satellite Internet service… and all those Teslas you see on the road are just repainted Saturns with a new logo.
I dont agree with folks who call it a scam or that he is a charlatan. He's a bona fide genius. But...yes tesla will be bankrupt soon. He is obnoxious and getting more right wing nut by the minute and that aint good for selling e-cars that already now have a ton of competition. He wont go bankrupt, but I dont see him selling cars. Maybe the right wingers will flock his way as they adopt Electric vehicles? Maybe he sells more. But he doesnt need to get drawn in to all this craziness. See Bill Gates, Warren Buffet.
I agree with some of what you said Elon's personal qualities.
But Tesla is incredibly successful because they make cars that are better than all the others. And they make them more profitably. The competition isn't catching up. They are falling further behind.
The only automakers that have much of a chance to compete with Tesla in the coming years are VW and BYD.
Uhhh… XPeng? These guys already have a flying car.
I agree with some of what you said Elon's personal qualities.
But Tesla is incredibly successful because they make cars that are better than all the others. And they make them more profitably. The competition isn't catching up. They are falling further behind.
The only automakers that have much of a chance to compete with Tesla in the coming years are VW and BYD.
Uhhh… XPeng? These guys already have a flying car.
I think XPeng will do OK. They do have a reputation for good software, which is utterly lacking in every other automaker except Tesla.
Until recently, they've been contracting out most of the manufacturing. If they can continue to bring that in house and figure out how to get batteries at good price then maybe they can be a player.
XPeng's strategy seems to be that they want to copy Tesla's design very closely. The problem is they will have to undercut Tesla on price and XPeng's cost structure won't allow that to go on much longer. It's hard to stay in business when you lose money on every car you make.
But they do have a pile of cash to burn through so they have some time to figure it all out.
Uhhh… XPeng? These guys already have a flying car.
I think XPeng will do OK. They do have a reputation for good software, which is utterly lacking in every other automaker except Tesla.
Until recently, they've been contracting out most of the manufacturing. If they can continue to bring that in house and figure out how to get batteries at good price then maybe they can be a player.
XPeng's strategy seems to be that they want to copy Tesla's design very closely. The problem is they will have to undercut Tesla on price and XPeng's cost structure won't allow that to go on much longer. It's hard to stay in business when you lose money on every car you make.
But they do have a pile of cash to burn through so they have some time to figure it all out.
I think you’re thinking of NIO. xpeng manufacturers everything themselves.
Tesla sold almost a million EVs last year. And they are expected to sell about 1.4 million this year.
Plus, they have the highest auto profit margins in the industry.
Why do you folks think it's all an illusion and Tesla will go bankrupt?
I dont agree with folks who call it a scam or that he is a charlatan. He's a bona fide genius. But...yes tesla will be bankrupt soon. He is obnoxious and getting more right wing nut by the minute and that aint good for selling e-cars that already now have a ton of competition. He wont go bankrupt, but I dont see him selling cars. Maybe the right wingers will flock his way as they adopt Electric vehicles? Maybe he sells more. But he doesnt need to get drawn in to all this craziness. See Bill Gates, Warren Buffet.
warren buffet stays out of the muck, but Bill Gates DOES NOT
i agree with most of what musk says, but wish he would keep his mouth shut.
Flying Frenchman crosses English channel on jet powered hoverboard.Flyboard Air is now the world’s first jet powered hoverboard to cross the English channel....
I think XPeng will do OK. They do have a reputation for good software, which is utterly lacking in every other automaker except Tesla.
Until recently, they've been contracting out most of the manufacturing. If they can continue to bring that in house and figure out how to get batteries at good price then maybe they can be a player.
XPeng's strategy seems to be that they want to copy Tesla's design very closely. The problem is they will have to undercut Tesla on price and XPeng's cost structure won't allow that to go on much longer. It's hard to stay in business when you lose money on every car you make.
But they do have a pile of cash to burn through so they have some time to figure it all out.
I think you’re thinking of NIO. xpeng manufacturers everything themselves.
You may be right. I know XPeng recently opened their own factories but I thought they also contracted out some of their manufacturing. I could be misremembering that.