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by jamesTee49
928 days ago
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Tesla outlook is not good. Main growth for them is basically automobile going EV where they have monopoly and they are energy supplier thru dominating battery tech. For EVs, they are able to dominate because other big ones like GM, Ford, Toyota havnt really going into EV market. In next 5 years every car manufacturers will be releasing their EV models and they have vastly superior production know-how compare to Tedla. Think Tesla like Blockbusters before Netflix HBO and Disney+ joining in. Cost of production of their EVs are no where cheaper than majority of EV manufacturers in Asia. Take BYD for example, they absolutely dominate China. In China, EV buses are a common thing. Meanwhile Tesla still struggling to make their cybertruck. Also a big growth is people believe Elon is at the forefront of selfdriving. If you dig down Tesla incidents worldwide on mysterious crashes, Uber would look like golden boy on that front. Then on battery tech, Tesla is literally the new Solyndra. Chinese market on battery tech now is at a stage no subsidies needed and production both quantity and quality exceed even Korean and Japamese manufacturing. Meanwhile everyone talking about Tesla S only getting half subsidies. I dont see how Tesla able to compete on that front even if they miraculously have German and Swedish quality next year. Remember Lehman Brothers, Citibank have their peak about 2 years before their permanent crash. Tesla is widely known to be overvalued. You want to sell it to the next suckers believing it will worth more before that suckers realized it is not. Danish did the right thing to get rid of Tesla. The only thing really worth some consideration is Elon making X as western Wechat with builtin Amazon+Uber+banking sub-apps in. That remain to be seen. In the meantime I put money into MS and AMD as they are a bit undervalue when you consider they have dominating asset in AI. |
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China seems to be electrifying their fleet extremely fast. My girlfriend was working in Guilin and was surprised on how quiet all the traffic was because most of it were EVs already. Scooters, cars, busses, EVs were much more common than ICEs.