Tesla’s value plunged nearly $200 billion since mid-July – and the EV maker faces a bumpy road ahead::Tesla shares closed Tuesday at just over $233, well down on their 2023 peak of $291.
Tesla’s value plunged nearly $200 billion since mid-July – and the EV maker faces a bumpy road ahead::Tesla shares closed Tuesday at just over $233, well down on their 2023 peak of $291.
Setting aside anything related to Musk, Tesla really doesn’t seem to be staying competitive.
Cybertruck (and the “indestructible” window press conference) is probably the easiest example. Years of attempted hype that haven’t paid off in a meaningful manner, while rivals have been releasing in-class competition. Anyone can see that’s a problem.
Tesla cars used to be pretty revolutionary, now they’re in an entirely different era that’s filling with exciting EV alternatives around every corner. Yet Tesla style still looks the same. The shoddy construction is still around and becoming more widespread knowledge. They’re failing to attract their target audience due to a long series of missteps. More problems.
Not to mention that Tesla was downright overpriced at its height. It’s a fraction of the volume yet made other automaker valuations look minuscule. The logic for that was never there.
Besides Musk…it’s the fact they are still using the same design from 10+ years ago. When I see a tesla, I can’t tell the difference between the S & 3 or the X & Y. They made one car and scaled it in their software. All 4 cars are due for a redesign and they don’t need to all look identical. And they need to figure out how to actually assemble them without being shit.
While I agree Cybertruck may have jumped the shark, I recently noticed …. After years of GM saying cylindrical batteries are not practical and pouch batteries are the only way to go, and Ultium is more advanced than anything Tesla has …. They’re redesigning EV models early to switch to cylindrical batteries like Tesla
The only reason GM (and others) tried to tout pouch cells is because there was a complete lack of cylindrical production capacity available. Tesla was using it all.
What are you going to do, say we’d rather use these other batteries but we can’t, so here you go?
I am ecstatic that most of the major manufactures have finally decided to transition to prismatic and/or cylindrical.
I wouldn’t even be surprised if regulations one day prevent use of pouch cells for automotive purposes.
Give it 5 - 10 years. Tesla will be a company that makes and maintains a charging station network and sells batteries to the other auto makers.
It’s becoming increasingly obvious that they can’t hack it in an automotive sales industry. Which is fine, frankly. I think battery manufacturing and charging network are pretty complimentary industries and provide a decent revenue stream into the future, License the charging tech to other automakers early and get some vendor lock-in going, and the company could be in it for the long haul.
They might even be able to keep making a couple EVs, to prove new charging or battery tech, much like how Google keeps making Pixel phones to essentially prove and market new Android features.
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They have a massive head start, but that will not last.
BYD is not far behind them and VW is closing fast. 2022 EV volumes
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Who else has hands free driving on local roads?
Mercedes for example - and it works better than Tesla’s on shitty roads.
Mercedes for example has two cars that just launched FSD this year. Vs Tesla who has 4 cars that can do autopilot for 3 years or more. Again I’m not trying to say Tesla is the best car, I’m trying to say they have differntiated features that few, if not any companies have had over the years, and yea that does not excuse their CEO from being a total douche.
Mercedes for example has two cars that just launched FSD this year on local roads. Vs Tesla who has 4 cars that can do autopilot for 3 years or more on local roads. Again I’m not trying to say Tesla is the best car, I’m trying to say they have differntiated features that few, if not any companies have had over the years, and yea that does not excuse their CEO from being a total douche.
Exactly. So many of the naysayers haven’t used fsd first hand, so they don’t know how close they are to solving a huge problem. And no one else is really even trying anymore. Ask a graduating senior in IT or robotics where they dream of working and it’s Tesla.
If you’re using FSD without your hands, you’re not doing what you’re explicitly supposed to be doing.
So basically you’re saying that so many of the naysayers haven’t used FSD the wrong (and dangerous) way.
I’m using drive assist without my feet, I can keep my pinky on the wheel and give it the slightest pressure every few minutes when prompted. This is a God send in stop and go city traffic. I used to have super high stress in traffic every day, now I let the Tesla do all the stop and go braking/keeping distance/keeping center and it’s way less stressful. I know other manufacturers have drive assist but I’ve driven my siblings BMWs Mercedes Maseratis Jaguars Land Rovers and (unless you’ve got a 2024 Mercedes) none of them are as easy to use as Tesla.
I fucking hate Elon musk by the way, and I’m not a Tesla fanboy, they do a lot of anti consumer bullshit I dislike. I just think to over correct and say the cars have nothing better to offer vs competitors is disingenuous
Again, that’s not how you’re supposed to use it.
Again, that still differentiates this company vs any other car. The entire argument we’re having is that they don’t do anything different than anyone else.