But probably not with Wednesday’s earnings report. The numbers will stink. Tesla will clearly be losing ground to competitors, But all eyes will be on the SpaceX IPO. And how to make money from that bit of financial engineering. Charles Ponzi would be delighted.
Always to the point, Will. While Tesla led the EV development intitally, it never managed (or wanted) to widen the model range. Toyota is seven times larger in number of cars sold, and their lineup consists of 27 models. Development of a new model takes years, but that is not a problem if you always have somehing in the pipeline.
In Norway, model Y sell like hot cakes, you get 0% financing and a useful large car at a reasonable price (I feel stupid not to have bought one). But this leads to every car on the road looking the same, a couple of years ago, everyone had a model 3, now its model Y. An extremely limited and aging model range is the death of a car manufacturer.
We will never know, but I wonder what Tesla could have been with sane leadership.
Thank you for the analysis, Will! May we all live long enough to see Musk actually have to face some sort of consequences for his inane actions.
But probably not with Wednesday’s earnings report. The numbers will stink. Tesla will clearly be losing ground to competitors, But all eyes will be on the SpaceX IPO. And how to make money from that bit of financial engineering. Charles Ponzi would be delighted.
Always to the point, Will. While Tesla led the EV development intitally, it never managed (or wanted) to widen the model range. Toyota is seven times larger in number of cars sold, and their lineup consists of 27 models. Development of a new model takes years, but that is not a problem if you always have somehing in the pipeline.
In Norway, model Y sell like hot cakes, you get 0% financing and a useful large car at a reasonable price (I feel stupid not to have bought one). But this leads to every car on the road looking the same, a couple of years ago, everyone had a model 3, now its model Y. An extremely limited and aging model range is the death of a car manufacturer.
We will never know, but I wonder what Tesla could have been with sane leadership.