News for hackers. Stuff that matters.

A comment on Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag. Parent comment

Re:Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag by epistasis on Thursday April 25, 2019 @01:37AM (#19745334)
Does the lead need to be maintained? If everybody else catches up, but does not surpass, that's not a loss and Tesla is still competing. And by then Tesla may be competing at the lower margin segments of the market too.
[ Parent | on HN ]
Re:Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag by frankchn on Thursday April 25, 2019 @01:53AM (#19745398)
The fact that they will stay competitive is already priced in, given that Tesla is by market cap about the size of GM and Ford. However, I find some of the loftier predictions of analysts ($1000+/share) somewhat unjustifiable at present.

I wonder if Tesla should not have entered the mass market with the 3 and stuck with the S and X. Higher margins and lower CapEx there.

[ Parent | on HN ]