The problem is that Tesla is massively over-inflated and Musk knows it and many people believe that was actually the reason for the whole twitter thing (Musk converting overinflated Tesla shares to fair-market value Twitter shares). With Tesla very likely losing the 'biggest EV maker' title to Volkswagen by the end of the year, it here has to be some sleight-of-musk for TSLA to recover.
Since you mention it...
https://uk.pcmag.com/cars-auto/141332/tesla-is-no-longer-the...
What I was saying: If you extrapolate year-over-year sales of full EVs, Volkswagen will likely sell more full EVs than TSLA sometime this year.
I wouldn’t write them off just yet, they’ve got a lot more innovation in their DNA than the old car makers
No they aren’t. Their sensor stack is handicapped and has literally murdered people. Sure they have “autonomous” cars in customer’s hands now, but that’s only because Musk is reckless, that doesn’t mean they are ahead. GM bought Cruise which I would say is definitely ahead of Tesla in their technology and ethics.
US only, Europe those super chargers are available for everyone. In some asia countries they are behind https://paultan.org/2022/05/13/tesla-open-to-idea-of-establi...
> Battery tech
Yes, others are catching up or are competitive, differences are much smaller than expected improvement over next 10 years.
https://insideevs.com/news/528346/ev-weight-per-battery-capa...
> autonomous driving
roll out only, performance of the rolled out solution is not so impressive. This is also because they use fewer sensors.
Battery tech, so, is mostly Panasonic. And other are catching up. Esentially, there are ICE makers that don't have the best engines. And lately I sae mucj more, relative, innovation and transformation cing from the likes of VW than from Tesla.
They are most certainly miles ahead by now.
So while I think what your claim matters little as it relates to the value of the company I also think your assertion that this or that company will sell more EV’s than Tesla any time soon is more likely that not wrong.
You seem to have better or more recent information than me. If so, please share the source. Thanks.
1. Buy more time until stock market (i.e. Tesla shares) recover 2. Renegotiate the price
Either one will probably mean he goes through with the deal. If he is under litigation for a year so be it, once the stock market recovers he's sacrificing a lot less of tesla to buy it.
It's a big IF though. If the US recession gets really bad and the Fed stops interest rate hikes, the market could recover very quickly. But equally if Powell wants to go the Volcker route, Elon is fucked probably, the market won't recover for years.
And in the meantime Elon's reputation I think is taking a massive hit. And I think a lot of his new political allies on the free speech side will be extremely disappointed. He might end up with no friends on either side.
So he is taking a big risk here.