Quote:
Originally Posted by Reffro
Tesla are neither the biggest selling Manufacturer in the USA let alone North America, nor do they have the highest revenues of any manufacturer. 17th by volume, 16th by revenue for Cars in the USA.
They may have huge market capitalisation, but they have bugger all cash left, huge liabilities and only squeaked a profit in Q3 2018.... and a whole of load of precedents pointing to a big fail.
Tesla got a march on the product, but haven't actually profited from it, nor are they likely too. The competition becomes so fierce from now on that Tesla will struggle to maintain a margin if they don't sort out their production, oh and did I mention the debt!
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Here's the source Reffro, so don't shoot the messenger, even if I was talking about sales by value, not volume.
https://electrek.co/2018/10/24/tesla...#disqus_thread
I'm surprised you think they're likely to have a big fail, given your knowledge of the industry: (some) people have been predicting this for years, and they're way more viable now than they've ever been - e.g. the margins on the Model 3 are higher that of those from traditional other makers - unless you're disputing that too - which is (one) of the factors behind their market cap.