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Tesla Has More Problems Than Just Elon Musk's Image

Stephen3141

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Tesla stock is valued at about 100 times its earning value.

Those who invest in Tesla, are expecting new tech breakthroughs in the
company. But, this is questionable, given the strong competition in the
electric vehicle market.

There is the perception that Musk is trying to keep too many plates, spinning,
to give proper attention to how Tesla is run.
 
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Merrill

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My wife asked me this morning

"what do the liberals who believe in green energy think they are accomplishing by trying to put the only successful EV company in the US out-of-business. The company that built 90% of all the charging stations in the US""

I told her that these people don't really think things through. It is the same people who thought shutting down the entire country in 2020 was a good idea, when the only data we had on this was from a WHO meta-study in 2019 that concluded we *should not* attempt a national shut down to contain a virus.
 
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FireDragon76

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Tesla actually isn't all that innovative as a car company, not since Musk bought them out. Some Tesla customers have been waiting forever for an update to their original car, the Roadster (which Musk had no part in designing), which Tesla has been promising forever, but never delivered on, despite preorders.

If American tariffs weren't so regressive and protectionist, we would have BYD or Xiaomi electric cars available for about 25,000-30,000 dollars. And BYD now has battery technology that can recharge in 5 minutes. In the long run, those kinds of tariffs will only harm American businesses and customers, who need access to affordable, high quality electric cars.
 
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Merrill

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well yes, there is an argument for letting companies like BYD enter the US car market

I wouldn't be opposed to that

but keep in mind that pretty much every EV maker in the US would exit that market within 2 years. Tesla would hang on as a luxury car maker

As it stands right now, all these manufacturers are going to exit the EV market with 5-8 years: the cars are unaffordable, not selling well, have no resale value, there is no charging infrastructure (unless you have a Tesla), and the public simply doesn't want them. Americans drive pickup trucks (top seller) and SUVs. Ford, GM, VW, and others lose massive amounts of money on every EV they sell.
 
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