View Single Post
legion legion is offline
Cars & Coffee Killer
 
legion's Avatar
 
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
Tesla will rebound. Musk is a showman and he has other tricks up his sleeve. Isn't this about the time that Tesla announces another new product?

You'd think that Tesla was the clear market leader in at least two major industries given its market capitalization, but instead it's a small, boutique player in the auto industry with a fiercely loyal fanbase that is willing to overlook the vehicles' flaws and build-quality issues. This enthusiasm obscures the reality of the company: even at current stock prices, Tesla would have to manufacture every new vehicle sold on the planet at an obscene profit margin for its stock price/market cap to be justified.

While the company should have gone out of business years ago, it will continue on in its current form for at least another 5-10 years. If the number of people killed while beta testing prematurely released autonomous driving technology can't sink this company, no rational reason can. Instead, what will happen is the next shiny thing will come along and Tesla won't be as new and exciting anymore.
__________________
Some Porsches long ago...then a wankle...
5 liters of VVT fury now
-Chris

"There is freedom in risk, just as there is oppression in security."
Old 09-09-2020, 06:01 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #651 (permalink)