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A comment on Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips. Parent comment

Re:Tesla (TSLA) surpasses BMW's valuation as one soars and t... by rootusrootus on Thursday November 08, 2018 @10:27AM (#18406895)
I'm more concerned with what's available on the market, not whether or not it sells in enough quantity to offset R&D, etc. Tesla had it's first profitable quarter in what, 15 years? It might be premature to move the goalposts ;-).

The fact remains that both Chevy (or LG) and Hyundai clearly know how to make a battery that competes on price. Tesla doesn't have any magic technology, what they have is good marketing. They have a plausible shot at replacing BMW as the image car of choice for folks in the lower premium car range, which seems fairly lucrative. Not a bad niche to be in.

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Re:Tesla (TSLA) surpasses BMW's valuation as one soars and t... by codeulike on Thursday November 08, 2018 @10:31AM (#18406919)
Chevy (or LG) and Hyundai clearly know how to make a battery that competes on price.

No, they don't. That's my point. They've made long range EVs that they are selling at a loss, or only in small numbers which implies either loss-making or supply-chain problems.

Tesla doesn't have any magic technology

Thats not clear. Look at the recently announced Audi and Mercedes EV efforts (and the Jag i-Pace) and see how they compare with Tesla in terms of battery size, weight and efficiency.

Sandy Munro says the Model 3 is at least 4 years ahead of anything else. https://www.bloomberg.com/news/videos/2018-10-25/why-tesla-s...

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