because as soon as there’s a real market Tesla isn’t that attractive anymore outside of a brand loyal niche.
can't be further from the truth. if you drive tesla and then drive all of the competitors tesla is faaar superior car. cars are great. the core issue here are margins - before competition tesla's could retain the huge margins on their vehicles. feels like in order to compete now they will have to drop the prices and hence their margins and with the forward p/e ratio of 1,000,129 that won't go well for the company's financials. and of course elon being a tool isn't going to be helping with this :)
perhaps but I was not commenting on elon or his politics and repercussions from him going full-on insane, I was specifically commenting on because as soon as there’s a real market Tesla isn’t that attractive anymore outside of a brand loyal niche.
they'd be just fine if they sell all the cars they currently have capacity to make with their current margins... not to satisfy the insane evaluation but in general :)
Have a model Y.
Had a vw ID.5 before (leased), his assessment is correct. Tesla is a decent car with a NICE infotainment system.
VW's Android system is not wow'ing anyone, but the car is quieter, handles better, turns on a dime, suspension is way more comfy etc - Volkswagen Group knows how to make a car.
(And yea, as a European, this will be my last US oligarch/Nazi car)
can't be further from the truth. if you drive tesla and then drive all of the competitors tesla is faaar superior car. cars are great. the core issue here are margins - before competition tesla's could retain the huge margins on their vehicles. feels like in order to compete now they will have to drop the prices and hence their margins and with the forward p/e ratio of 1,000,129 that won't go well for the company's financials. and of course elon being a tool isn't going to be helping with this :)