Examples: IBM with IBM PC
And we all know how many IBM PCs IBM has sold over the past decade.
I think that IBM might actually be the most apt analogy for Tesla. 20 years from now Tesla will be a niche player in the market they built basically from scratch.
I mean, as a TSLA shareholder I'm...fine with that? A few years ago people were predicting the company would go bankrupt before they ever became profitable, now the bear scenario is that they become the largest company in their sector by a huge margin until settling into dominant complacency.
IBM PC was released 40 years ago, in 1981. They sold their PC division in 2004, after 23 years of run, when PCs were on every desktop and every server rack.
If Tesla goes out of business and sells itself to an Asian automaker when EVs have completely conquered the transportation landscape, I'll be OK with that :)
Oh, completely agree. No matter how the future of Automotive transport plays out from here, Musk and Tesla have undeniably etched themselves permanently into the history books.
Re:Tesla Q1 2021 Results
by tonyedgecombe on Tuesday April 27, 2021 @06:29AM
(#26954151)
I still think they will end up as a subsidiary of one of the laggards.
Why? Which companies will be the main players in that scenario?
VW, Toyota, Honda, Hyundai, Geely perhaps? Or some other Chinese company we haven't really heard of yet?. I don't see Tesla turning itself into the sort of company that can (or wants to) successfully compete in the top 5 carmakers by volume or revenue. I think they'll be happiest playing in the high performance niche and leave making the EV Corolas and Polos of the world to Toyota and VW
All that being said, I'm far from confident enough in this prediction be to be actively betting against Tesla.
Examples: IBM with IBM PC, Apple with iPhone.