D
Deleted member 4210
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You betcha !
seekingalpha.com
The VW ID. 3 is the first of a number of EV's that are going to blow away the sales numbers of Tesla's in numerous countries, not just Norway, Netherlands, Spain, other parts of Europe and eventually here in the US.
It's car exterior designs are way too long in the tooth, too pricey as always, and Tesla's debt load is massive and prevents them from being nimble enough to keep up with an industry stalwart like VW, who also has incredible numbers of service centers, and a long history.
VW also knows how to build vehicles for the masses, and Tesla just does not have the marketing expertise and savvy to compete except in a very small high end semi luxury niche. Porsche also owned by VW, will blow them away with their car designs and fan base alone, along with it's pedigree renowned around the world.
www.forbes.com
It's gonna be game over for Tesla soon, and it won't be just VW, but a number of other players who just have too much experience, far more consumer infrastructure, more mass vehicle building prowess to help many of them leapfrog Tesla as EV's go from early adopter to early mainstream then mainstream within the next 2 decades.
Besides that Tesla is just Musk. He can't keep talent, and has lost more than 200 key executives and industry talented engineers in the past few years , who all got their 'ticket punched' with the Tesla initially innovative and breakthrough name brand EV company. He's notoriously impossible to work for or around with his massive ego, and he got away with briefly, but now there are just too many other places to work, and better companies after one has punched' their ticket and tolerated his maniacal personality. But it's not a true car company and never will be under a celebrity seeking, limelight stealing, antic prone PayPal bred Musk.
And lastly Tesla's price trading at 52x 2024's super optimistic vehicle sales numbers that project out earnings, is not necessarily any sort of blessing for the company. If the overall stock market turns south after a win by the wrong President, Tesla stock price could take a serious beating which would put it's debt ratings and ability to raise more capital to introduce more models in deep jeopardy. Musk has been carrying on one heck of an admirable high wire balance act, keeping the company afloat, but he hasn't until now seen the fierce price and volume competition that the industry is about to unleash on him, since he has a really big target on his back as the lead technological dog in the EV world. A lot of other more important things can trump ' technological' leads.
Most consumers don't need to have the fastest EV, or longest range one, to do the majority of their trips that average less than 5 miles,nor need/want a big freaking massive iPad dominating the interior of their car.
Tesla's Race To The Bottom (NASDAQ:TSLA)
VW ID.3 showing great numbers in Europe. Tesla's September China sales not great.
seekingalpha.com
The VW ID. 3 is the first of a number of EV's that are going to blow away the sales numbers of Tesla's in numerous countries, not just Norway, Netherlands, Spain, other parts of Europe and eventually here in the US.
It's car exterior designs are way too long in the tooth, too pricey as always, and Tesla's debt load is massive and prevents them from being nimble enough to keep up with an industry stalwart like VW, who also has incredible numbers of service centers, and a long history.
VW also knows how to build vehicles for the masses, and Tesla just does not have the marketing expertise and savvy to compete except in a very small high end semi luxury niche. Porsche also owned by VW, will blow them away with their car designs and fan base alone, along with it's pedigree renowned around the world.
Watch Out Tesla, Volkswagen Is Coming!
Just when it looked like German giant Volkswagen had no answer to the onslaught from Tesla, it has released a much more affordable version of its ID.3 electric car. Could his be the game changer that swings the electric vehicle market back away from Tesla?
www.forbes.com
It's gonna be game over for Tesla soon, and it won't be just VW, but a number of other players who just have too much experience, far more consumer infrastructure, more mass vehicle building prowess to help many of them leapfrog Tesla as EV's go from early adopter to early mainstream then mainstream within the next 2 decades.
Besides that Tesla is just Musk. He can't keep talent, and has lost more than 200 key executives and industry talented engineers in the past few years , who all got their 'ticket punched' with the Tesla initially innovative and breakthrough name brand EV company. He's notoriously impossible to work for or around with his massive ego, and he got away with briefly, but now there are just too many other places to work, and better companies after one has punched' their ticket and tolerated his maniacal personality. But it's not a true car company and never will be under a celebrity seeking, limelight stealing, antic prone PayPal bred Musk.
And lastly Tesla's price trading at 52x 2024's super optimistic vehicle sales numbers that project out earnings, is not necessarily any sort of blessing for the company. If the overall stock market turns south after a win by the wrong President, Tesla stock price could take a serious beating which would put it's debt ratings and ability to raise more capital to introduce more models in deep jeopardy. Musk has been carrying on one heck of an admirable high wire balance act, keeping the company afloat, but he hasn't until now seen the fierce price and volume competition that the industry is about to unleash on him, since he has a really big target on his back as the lead technological dog in the EV world. A lot of other more important things can trump ' technological' leads.
Most consumers don't need to have the fastest EV, or longest range one, to do the majority of their trips that average less than 5 miles,nor need/want a big freaking massive iPad dominating the interior of their car.
Last edited by a moderator:
. One blink and is gone. That fast.
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