We have been hearing about tesla competition for 12 years.
Meanwhile Tesla just unlocked high speed charging, doubled the
range in addition to bolstering the battery tech and
solar.
Audi etron range is 190 miles and porsche Taycan is 225. Tesla
gives 400 miles.
Posted by disciple33 on 11th of Aug 2020 at 03:24 pm
I'm with you on this one, Arun. Tesla has been steps ahead of
the competition (and the naysayers) for years. As long as Elon is
still in the picture, I expect more of the same. Sortof like Apple
and Steve Jobs, although Apple has continued to do well even
without Jobs.
Posted by elementsix on 11th of Aug 2020 at 03:36 pm
Def agree that TSLA can't maintain the market share they have
forever... that's true with any high growth company eventually.They
are a leader in EV tech and way ahead of the "big boys" in
automotive. They are also way out in front in battery technology.
There was even a mention that they could sell their batteries to
other EV companies in the future. So the competition could become a
new revenue stream for them.
remember TSLA is held up by the TSLA fanboys, it's like a
religion. Yes will be competition over time, now obviously
where they are far ahead is in battery tech, and don't discount
their insurance remember I wrote an article about that with their
access to millions of miles of driving data they get from every
car, they have a huge advantage over any other insurance companies
to provide the best rates based on the statistics, and solar roofs
etc, people need to stop looking at TSLA as a straight automotive
stock. To me TSLA will face competition from the established
Automakers. The problem I have with Nikola, and Rivian is they
don't have any infrastructure. TSLA has 1000s and 1000s of
charging stations, that took 10 years to build out. Also a
problem TSLA still has a bit is when you need to get your car
worked on and it has a problem it's not as convenient as going to
your local dealer. However TSLA has spent the last decade
establishing places all around the county, so while it's not as
easy as going to your local dodge dealer, they still have things in
place.
So let's say you buy a Nicola or Rivian - where the hell do you
get it worked on? If you live in LA or Silicon Valley, sure
no problem, but what about for me in IL in farm country (not
Chicago), do you think they would have anything around here?
Logistics like that will take years and years to build out,
that's why to me those new ones are not any competition at this
point and wont' be for a long time. At least the established car
makers they have dealers so you can have your car worked on
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TSLA weekly hasn't visited the
Posted by roger on 11th of Aug 2020 at 02:32 pm
TSLA weekly hasn't visited the 50 ema for awhile. Not since it bounce off it earlier this year.
https://www.zerohedge.com/technology/tesla-crushed-germany-evs-vw-renault-hyundai-group These are just some of
Posted by roger on 11th of Aug 2020 at 02:44 pm
https://www.zerohedge.com/technology/tesla-crushed-germany-evs-vw-renault-hyundai-group
These are just some of the EV's coming soon.
I get a short sellers
Posted by roger on 11th of Aug 2020 at 02:59 pm
I get a short sellers newsletter that just eviscerates TSLA's financials
yeah let's face it the
Posted by matt on 11th of Aug 2020 at 03:06 pm
yeah let's face it the stock isn't where it's at because of earnings. just follow the charts
They have been doing that
Posted by arun on 11th of Aug 2020 at 03:04 pm
They have been doing that for years lol.
this chart says it all
Posted by roger on 11th of Aug 2020 at 03:05 pm
this chart says it all and I came up with it, no one else.
We have been hearing about
Posted by arun on 11th of Aug 2020 at 02:49 pm
We have been hearing about tesla competition for 12 years. Meanwhile Tesla just unlocked high speed charging, doubled the range in addition to bolstering the battery tech and solar.
Audi etron range is 190 miles and porsche Taycan is 225. Tesla gives 400 miles.
I'm with you on this
Posted by disciple33 on 11th of Aug 2020 at 03:24 pm
I'm with you on this one, Arun. Tesla has been steps ahead of the competition (and the naysayers) for years. As long as Elon is still in the picture, I expect more of the same. Sortof like Apple and Steve Jobs, although Apple has continued to do well even without Jobs.
Def agree that TSLA can't
Posted by elementsix on 11th of Aug 2020 at 03:36 pm
Def agree that TSLA can't maintain the market share they have forever... that's true with any high growth company eventually.They are a leader in EV tech and way ahead of the "big boys" in automotive. They are also way out in front in battery technology. There was even a mention that they could sell their batteries to other EV companies in the future. So the competition could become a new revenue stream for them.
Of course the stock could use a good pullback.
remember TSLA is held up
Posted by matt on 11th of Aug 2020 at 03:46 pm
remember TSLA is held up by the TSLA fanboys, it's like a religion. Yes will be competition over time, now obviously where they are far ahead is in battery tech, and don't discount their insurance remember I wrote an article about that with their access to millions of miles of driving data they get from every car, they have a huge advantage over any other insurance companies to provide the best rates based on the statistics, and solar roofs etc, people need to stop looking at TSLA as a straight automotive stock. To me TSLA will face competition from the established Automakers. The problem I have with Nikola, and Rivian is they don't have any infrastructure. TSLA has 1000s and 1000s of charging stations, that took 10 years to build out. Also a problem TSLA still has a bit is when you need to get your car worked on and it has a problem it's not as convenient as going to your local dealer. However TSLA has spent the last decade establishing places all around the county, so while it's not as easy as going to your local dodge dealer, they still have things in place.
So let's say you buy a Nicola or Rivian - where the hell do you get it worked on? If you live in LA or Silicon Valley, sure no problem, but what about for me in IL in farm country (not Chicago), do you think they would have anything around here? Logistics like that will take years and years to build out, that's why to me those new ones are not any competition at this point and wont' be for a long time. At least the established car makers they have dealers so you can have your car worked on