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Technology Stocks : Tesla EVs - TSLA -- Ignore unavailable to you. Want to Upgrade?


To: Bux who wrote (20475)12/29/2022 12:43:12 AM
From: i-node3 Recommendations

Recommended By
gg cox
HooterHanna
SirWalterRalegh

  Read Replies (2) | Respond to of 26601
 
>> Tesla can lower prices at will so it's going to be impossible for other manufacturers to sell EV's in high volume that actually compete with Tesla sales.

Musk gets a lot of hate. While he is committed to the success of Tesla, I believe his underlying motivation is not billionaire status, but a passionate cause of transitioning the planet to EVs vs. fossil fuels. That is an overwhelming consideration in my book.

Doesn't mean there aren't problems along the way but it seems to me everything he touches, he touches because he cares about it. In my life, I've done my best work, however piddling, when I was highly committed to success because I believed in what I was doing.

If the stars align, you're looking at the Semi, the Cyber Truck, continuing the Tesla lineup and whatever happens with the robot, all in the coming year. And every competitor will face intractable problems along the way that require tough decisions. And while Elon makes those decisions, most of the others are going to require committees, meetings, a lot of Power Points, engineering decisions, marketing concerns, dealership issues, insurance difficulties and much more along the way.

While I don't have a large investment like many do, I don't feel threatened by anything I've seen.