41–50 of 463 posts
Tesla owns so much data that it has collected(and will only continue to amass more in the future)from its customers that it is the very definition of a successful tech company. Economist is an embarrassment for journalism.
Data isn’t what makes a tech company successful. It’s the application of that data into a product. They have Autopilot as their seminal data product, but it is buggy.
I'm not sure you can say that when the market cap is still 10x car companies that deliver orders of magnitude more cars than them. Even a high growth car company wouldn't justify that valuation. No, Tesla is still very overpriced for a car company based on hype.
It's not going to completely correct in a day. As you note, its value may be inflated by two orders of magnitude. Musk's hijinks with Twitter have cost him dearly in investor confidence -- both indirectly, as his behavior there is erratic, and directly, as his loans for that deal are backed with Tesla stock. And then there's the non-delivery of FSD, which is the real "dream" that he's been selling so hard.
I have a Tesla and I also hold a short position on TSLA. My Tesla is a great car. The best car that I've ever driven but I'm not sure if it has anything that other car manufacturers can't replicate. I think Apple can make an even better car than Tesla if they build the hardware and software like their phones and computers. The idea that Autopilot has some magic sauce that nobody else can replicate is laughable.
The difference seems to be that Tesla was 5-10 years ahead on everything: Minimalistic interiors, modern infotainment, mobile app performance, and of course they lead the way in making electric cars viable by showing that they can both look good and blast off in record time. But you're right that other automakers see Tesla as a threat and are catching up; for example, the range and charging curve improvements on mode…
This is pretty much the definition of a great tech product: it's ahead of anything else by N years. What makes a great technology company is that they manage to consistently maintain that lead with product after product.
We'll see if Tesla can maintain its lead. It's not looking good and it probably depends mostly on whether or not Elon Musk can regain his grip on reality.
I have a Tesla and I also hold a short position on TSLA. My Tesla is a great car. The best car that I've ever driven but I'm not sure if it has anything that other car manufacturers can't replicate. I think Apple can make an even better car than Tesla if they build the hardware and software like their phones and computers. The idea that Autopilot has some magic sauce that nobody else can replicate is laughable.
The difference seems to be that Tesla was 5-10 years ahead on everything: Minimalistic interiors, modern infotainment, mobile app performance, and of course they lead the way in making electric cars viable by showing that they can both look good and blast off in record time. But you're right that other automakers see Tesla as a threat and are catching up; for example, the range and charging curve improvements on mode…
None of that is why Tesla was ahead of everyone for so long.
It's because their cars have better range, and Tesla is still the range leader. They held four of the top six spots in 2022, and the number one is the Lucid Air (only 3k of them have actually been sold):
https://www.caranddriver.com/shopping-advice/g32634624/ev-lo...
Also, I just want to say I am categorically not an Elon or Tesla fanboi and I am rooting for other brands to meet and exceed their range performance.
I have a Tesla and I also hold a short position on TSLA. My Tesla is a great car. The best car that I've ever driven but I'm not sure if it has anything that other car manufacturers can't replicate. I think Apple can make an even better car than Tesla if they build the hardware and software like their phones and computers. The idea that Autopilot has some magic sauce that nobody else can replicate is laughable.
> I think Apple can make an even better car than Tesla if they build the hardware and software like their phones and computers. I'm not sure outsourcing manufacturing and focusing on design works in auto industry - but could be wrong.
I have a Tesla and I also hold a short position on TSLA. My Tesla is a great car. The best car that I've ever driven but I'm not sure if it has anything that other car manufacturers can't replicate. I think Apple can make an even better car than Tesla if they build the hardware and software like their phones and computers. The idea that Autopilot has some magic sauce that nobody else can replicate is laughable.
The difference seems to be that Tesla was 5-10 years ahead on everything: Minimalistic interiors, modern infotainment, mobile app performance, and of course they lead the way in making electric cars viable by showing that they can both look good and blast off in record time. But you're right that other automakers see Tesla as a threat and are catching up; for example, the range and charging curve improvements on mode…
Is this something you see as a benefit? For me Tesla's overall aesthetic, including both their exterior looks and interior design, along with the absence of physical controls that go long with that represent their biggest downsides (outside of build quality).
Tesla is a battery manufacturer that happens to make cars. Remember, they also make the Powerwall and grid-scale storage. I think the bigger question we should ask ourselves is, "What is a tech company?"
Tesla are a battery pack manufacturer, they mostly use cells manufactured by Panasonic and CATL.
I have a Tesla and I also hold a short position on TSLA. My Tesla is a great car. The best car that I've ever driven but I'm not sure if it has anything that other car manufacturers can't replicate. I think Apple can make an even better car than Tesla if they build the hardware and software like their phones and computers. The idea that Autopilot has some magic sauce that nobody else can replicate is laughable.
Edit: yes meant FSD