They peaked at a time where the competition‘s offering was still immature, partially even retrofitted combustion cars.
Now the landscape has changed and TSLA lacks innovation. Personally, i still enjoy fanboy talk from first-gen Tesla drivers while they try to dream of a come back once Elon‘s wonder weapons finally arrive to turn the war.
The thing is Tesla probably has a solid enough foundation of smart people and technology to out compete other EV manufacturers, but they're not going to because they're saddled with today's version of Elon Musk instead of the Elon Musk of 15 years ago. His politics have made the brand radioactive to a lot of potential buyers and even for customers for whom that's not a deal breaker, his idea of innovation at Tesla now is stuff like the Cybertruck.
That said, Tesla is still selling plenty of vehicles and anecdotally I see plenty of new ones driving around my American city, although more than a few have anti-Elon bumper stickers which is usually not a great sign for a brand. But I suspect a lot of that is momentum and the Elon problem is going to get worse and worse for the company as time goes on. His brain seems unlikely to get less melted over time and his politics and company direction seem unlikely to improve Tesla's prospects.
Seems they have self driving finally cracked, according to Karpathy. If they have finally managed it then they'll have a big advantage over the other manufacturers. Better late than never.
Last I checked, Tesla had over $30 billion in cash. Even in the worst case scenario, Tesla could shrink to be a large-ish and niche manufacturer. Until the cash is depleted and production falls to where factory utilization is low enough that fixed costs start to dominate unit margin, it's a business that can continue.
There's plenty to puzzle over: Why not spend part of the cash pile to make robots or semi's or a new model or... less vaporous? I don't suppose we'll know until the stock price prompts Elon or his board to ask that question.
The cars now look generic and driving them will brand you as either the type of person who gets all their news from alt right social media or someone who just can’t afford buying from a more established car maker.
Keep your pathetic critique about 'generic' cars and 'alt-right media.' It’s nothing but the flimsy rhetoric used by your far-left terrorists to justify setting cars and factories on fire.
Electric cars in general don’t really make much sense in Germany.
Most people live in apartments without access to personal chargers, combined with high electricity cost you end up not even saving money for the inconvenience.
One interesting thing for me is NVIDIA coming out with its reasoning model for self driving.
If it works well, Tesla's strategy of keeping the car minimal/cheap to produce but with enough sensors and an upgradable hardware may become extremely useful as new techniques are coming to tackle the long tail of self-driving cases to handle.
I'm sure Tesla will soon copy Nvidia and put a reasoning model in its cars as well.
I wonder if it’s still too soon for a company CEO to throw up a Nazi salute or two during an internationally televised event. <checks sales data> yep, still too soon.
Hopefully it always will be.
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[ 2.2 ms ] story [ 42.8 ms ] threadNow the landscape has changed and TSLA lacks innovation. Personally, i still enjoy fanboy talk from first-gen Tesla drivers while they try to dream of a come back once Elon‘s wonder weapons finally arrive to turn the war.
That said, Tesla is still selling plenty of vehicles and anecdotally I see plenty of new ones driving around my American city, although more than a few have anti-Elon bumper stickers which is usually not a great sign for a brand. But I suspect a lot of that is momentum and the Elon problem is going to get worse and worse for the company as time goes on. His brain seems unlikely to get less melted over time and his politics and company direction seem unlikely to improve Tesla's prospects.
There's plenty to puzzle over: Why not spend part of the cash pile to make robots or semi's or a new model or... less vaporous? I don't suppose we'll know until the stock price prompts Elon or his board to ask that question.
Most people live in apartments without access to personal chargers, combined with high electricity cost you end up not even saving money for the inconvenience.
If it works well, Tesla's strategy of keeping the car minimal/cheap to produce but with enough sensors and an upgradable hardware may become extremely useful as new techniques are coming to tackle the long tail of self-driving cases to handle.
I'm sure Tesla will soon copy Nvidia and put a reasoning model in its cars as well.