Re:Tesla Q1 2021 Results
by austhrow743 on Monday April 26, 2021 @10:07PM
(#26951035)
Greatly increasing the number of horses you sold in a time when people are buying less horses overall is a better achievement than doing so when total horse purchases increased, not a worse achievement.
Not necessarily. If you mean by a "we were running against the wind" sense, sure, but if you mean in a "what should the valuation of your company be" sense, no.
I repeat the more focused point: you don't find it impressive that a car from a manufacturer that was barely on the map five years ago is now beating the Mercedes E Class (edit: C class, sorry) in its own price category?
I mean, by your logic if Tesla isn't impressive for what the Model 3 is doing then Daimler Chrysler must be a flaming disaster, right?
I'm not sure how a Model 3 or a BMW 3 Series can be compared to a Mercedes E Class. The comparable cars there seem to be the Tesla Model S and the BMW 5 Series. The Mercedes equivalent of a BMW 3 Series or a Tesla Model 3 is the C Class.
I agree it's impressive myself. Though they probably mean C or A Class. The E class is larger and quite a lot more expensive than a Tesla 3.
Look at their statement and realize how Tesla is intentionally misleading their shareholders.
If Tesla is so impressive, why do they need to do that?
> This demonstrates that an electric vehicle can be a category leader and outsell its gas-powered counterparts.
ICE is currently 97% of the automobile market. A BEV taking the lead in any vehicle segment is a major milestone. Nothing is misleading about that.
No, it's not. If you sell more horses worldwide out of the “four legged category” it has no relevance as long as less and less people are buying horses for transportation.