The CEO too. I know a few people who refuse to buy a Tesla because of him. People buy Volskwagen, Porsche, Ford or Renault cars without thinking about the actions of the previous people attached to the manufacturer.
Nobody currently working at VW/Porsche worked for Hitler, and nobody currently working at Ford helped Henry run the presses for his antisemitic pamphlets. So that's a nonissue. What did Renault's founder do? Hadn't heard about that.
Renault was collaborating during ww2, and built trucks for nazis. Female workers got their head shaved at the liberation (male workers got out OK though, funny how things works), and Renault got nationalized, and was under state control for the 4cv, 4l and r5/r6/r8/r11/r19/r21 models, as well as the 'moteur F', still used in the 2010s.
Its director was assassinated by a far right commando also (I think the killers got out early 2000s, the story is quite interesting).
Even more importantly from a strictly business point of view, the CEO of VAG isn't telling his engineers to make the customer experience significantly worse to save $50 of parts on a $50k vehicle.
VW is saving money on stupid things on their vehicles. Hard plastics, terrible buttons on the steering wheel, tiny screens and bad sound systems on the default models to invite you to pay more…
Bad sound systems... wow, yeah, that's right up there with building gas vans.
Steering has gone out twice on a family member’s Model Y. N=1 example but plenty of other companies now make EVs and they do a decent job of it… shedding 29% still leaves the company at an astronomical valuation, ~100bn larger market cap than Toyota.
Toyota will have a greater marketcap than Tesla, by the end of this year. I just purchased a Camry Hybrid and it is just an incredible driving experience.
Toyota is a dinosaur that’s going extinct with their policies on EVs
Toyota will have a greater marketcap than Tesla, by the end of this year. I just purchased a Camry Hybrid and it is just an incredible driving experience.
Toyota is a dinosaur that’s going extinct with their policies on EVs
…or they’ll be the only one left alive after everyone else loses a fortune.
Tesla's most recent 10-K (numbers in millions of $): """ Automotive sales: 78,509 Automotive regulatory credits: 1,790 Automotive leasing: 2,120 Services and other: 8,319 Energy generation and storage segment revenue: 6,035 """ Which part are you referring to when you say cars is a small part?
Robots, self driving, solar, just engineering excellence alone is enough.
What about Tesla says “engineering excellence”? Every time I get into one, it feels cheap and outdated compared to other modern cars.
I can't seem to respond to arcticbull, the person who responded to me about this not being a good way to live. When I say I don't desire a retort, it's because a retort is a failure to think. I have many good discussions with people who aren't trying to retort or dunk on people. There is little of that here and to suggest any of the people I've replied to wanted a real conversation is what's disingenuous.
What do you think of other people who make the same claims over and over but never give any evidence of their claim and dismiss all the people giving counter evidence as "haters and doubters".
I know you're actually asking him what he thinks of himself, but you're not going to get a coherent or rational answer. I personally think he's acting like an irrational star-struck fan-boy who imagines conspiracy theories and organized persecution against his poor helpless billionaire idol, when it's actually justifiable disgust at Musk's pathologically disingenuous self-promotion and provably false lies and fraud, blatant racism and Apartheid ideology, mentatious and bullying transphobia, his neglectful failure as a parent and divorced deadbeat dad, his off-the-rails sociopathic attention-starved narcissistic misbehavior, his promotion of hate speech and Nazis and right wing trolls and ridiculous racist conspiracy theories on Twitter, and Musk's sycophantic Trump worship and political meddling and populist pandering, all of which DustinBrett apparently has absolutely no problem with even though he's fully aware of it all, and which actually seems to appeal to him at a deep personal level that he would sacrifice his own credibility by gullibly carrying Musk's water in public, because that's just the kind of dystopian "future" he wants Musk to build. But that's all pretty obvious, and goes without saying.
I still have never understood the valuations. Sure, they'd make sense if Tesla ended up being the only game in town, forever. But even though they undoubtedly have been streets ahead in many places for a long time and Western manufacturers have been caught on the back foot, the Asian players are snapping at their heels, and (some of) the Western brands are slowly waking up. And even if they weren't, I don't see how T…
I think the argument for it goes as folllows: Tesla has more 'self supervised' driving data than any other car brand, so if data is key to making self driving work, they win. You could also see how this is a winner take all monopoly once self driving gets cracked. Now before I get flamed, I don't own Tesla stock, and no I don't think self driving is just around the corner. I'm perfectly happy with good autopilot thou…
> You could also see how this is a winner take all monopoly once self driving gets cracked.
… _Why_, though? Even if you buy the idea that Tesla is going to come out with self-driving cars Any Day Now(TM), that really seems like the underpants gnome part of the narrative. It’s most unclear why it would be a winner takes all thing.
They are not far ahead. We’ve seen peak Tesla, competitors are catching up fast.
Tesla has no competition. Cars is a small part of what they do.
Their only significant business is cars; beyond that they have a small solar business and homeopathic quantities of semi trucks. But they are clearly a car manufacturer, albeit with some weird hobbies.
Steering has gone out twice on a family member’s Model Y. N=1 example but plenty of other companies now make EVs and they do a decent job of it… shedding 29% still leaves the company at an astronomical valuation, ~100bn larger market cap than Toyota.
Toyota will have a greater marketcap than Tesla, by the end of this year. I just purchased a Camry Hybrid and it is just an incredible driving experience.
Does that include the super annoying lane-keeping? Rented a Corolla and would never want to drive that again.
I think the argument for it goes as folllows: Tesla has more 'self supervised' driving data than any other car brand, so if data is key to making self driving work, they win. You could also see how this is a winner take all monopoly once self driving gets cracked. Now before I get flamed, I don't own Tesla stock, and no I don't think self driving is just around the corner. I'm perfectly happy with good autopilot thou…
> You could also see how this is a winner take all monopoly once self driving gets cracked. … _Why_, though? Even if you buy the idea that Tesla is going to come out with self-driving cars Any Day Now(TM), that really seems like the underpants gnome part of the narrative. It’s most unclear why it would be a winner takes all thing.
It is only winner takes all if Tesla keeps being only one with self-driving... Which to me looking into history is insane. Is there any technology where there is only single provider?
It is big enough market that eventually there will be multiple-players and then it will be race to bottom. Marginal profits. Self-driving taxis will be dumped like Uber and Lyft did against other players. And then it will be low margin business.