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re: Investing In Tesla
Posted on 4/26/17 at 8:18 pm to dabigfella
Posted on 4/26/17 at 8:18 pm to dabigfella
TSLA makes money on govt subsidies. Take that away and it falls flat with current technology. GM, Google, Apple, amazon, etc will all move into the autonomous sector as the technology is proven over the next few years.
Posted on 4/26/17 at 8:21 pm to C
quote:
TSLA makes money on govt subsidies. Take that away and it falls flat with current technology. GM, Google, Apple, amazon, etc will all move into the autonomous sector as the technology is proven over the next few years.
Big oil gets plenty of subsidies too. Hell the US government bailed out GM, what Tesla gets is a drop in the bucket in comparison. I do believe in Waymo coming from google its solid, but nobody has a vertically integrated BEV solution like tesla. Yes GM bought cruise and im sure its great, but they haven't shown any real promise in the BEV world.
Id o believe you are correct in terms of autonomous driving, but im talking about the potential for an epic paradigm shift from ICE to BEV's in mass scale and to this point nobody seems to have a solution besides tesla for mass producing enough batteries to sell over 50k electric cars.
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