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Re:Why Tesla stock is vastly overpriced by gamblor956 on Sunday December 20, 2020 @01:31PM (#25488404)
What fundamentally different technologies do you believe they are nowhere near developing?

Multiple other manufacturers already make and sell EVs, in some cases outselling Tesla in their home territories.

Moreover, while Tesla assembles their own batteries, the underlying battery cells are made for them by Panasonic, which owns the IP to the chemistry. (Tesla's IP relates to the assembly, referring both to the process and the finished battery product.)

And that IP is only valuable until the inevitable switch to solid-state batteries, which have significantly more capacity and durability than anything on the market today. And other automotive companies have already acquired exclusive licenses to the most (commercially) promising research.

Re:Why Tesla stock is vastly overpriced by tekkk on Sunday December 20, 2020 @02:16PM (#25488761)
Yes I also find these arguments absurd. These companies have been building cars for decades and now suddenly they would be somehow out of their element switching complex combustion engines to much simpler electric motors? Unless Tesla makes some fundamental advancement in battery technology (which again as you pointed out, is not even their IP) it doesn't seem there is that much of a gap.

This appears to have a lot of similarities with the dot-com bubble where the new internet companies were thought to quickly overrun the old, "uncool" companies. It just doesn't happen like that. Plus there is a vested interest in the home countries of these car companies to see that these companies survive. Sure some of them might be ripe for losing a lot of market share, but they still have time to catch up as the world is slowly turning to mostly EVs. It's not the same as with internet companies where people can switch their search engine the next day if they so desire.

Re:Why Tesla stock is vastly overpriced by cronix on Sunday December 20, 2020 @02:01PM (#25488646)
What are your thoughts on the upcoming battery tech from Tesla they announced during their "battery day" in September? Your comments don't seem to reflect what they've been working on and what's coming.

https://www.youtube.com/watch?v=l6T9xIeZTds

Re:Why Tesla stock is vastly overpriced by gamblor956 on Sunday December 20, 2020 @02:09PM (#25488708)
Tesla announced plans to eventually make tabless batteries, which theoretically could increase range by 16%. With everything Musk related, take the original deadline given and add 3 years. As no deadline for this was given, I assume this tech is not yet commercially viable.

Note that Panasonic, which will actually be making the batteries, has indicated in its own investor releases that it is working on developing the batteries but they aren't anywhere close to production-ready yet.

The other announcements relate to making the batteries cheaper, but would not otherwise extend performance (and in some cases would reduce performance, but due to the reduced costs would come out ahead on a $/kWh basis).

Re:Why Tesla stock is vastly overpriced by andrepd on Sunday December 20, 2020 @03:38PM (#25489314)
Like anything "upcoming" announced by Tesla, to me it's all marketing no substance until proven otherwise.