| > All of their products, while undoubtedly groundbreaking But that's not true. None of their products are groundbreaking. It's all decades old battery tech. What was revolutionary was musk's ability to brand old tech as new/hip and get the government to bail out and subsidize Tesla. What tesla is great at is marketing and attaining government funding. Just like solar city. > How will Tesla handle the pool of buyers for a $75,000 sedan and $900/mo lessees shrinking dramatically? It'll go bankrupt or get a bailout. https://techcrunch.com/2009/06/23/the-government-comes-throu... People forget that we've already seen this movie before with TSLA. It was saved from bankruptcy by Obama. I doubt Trump will come to Musk's rescue. Also, TSLA's biggest problem isn't a recession. Just like solar city's biggest problem wasn't a recession. It's low energy prices and removal of favorable government policies along with our love of large vehicles. http://6abc.com/automotive/ford-getting-rid-of-all-its-cars-... TSLA might be doing well in norway, but it's just a blip in the rest of europe, north america and china. It's a testament to musk that he is able to keep such a marginal and ineffective company in the spotlight day after day. The guy is truly one of the great marketers of our time. |