Humans are not good at dealing with numbers that are unrealistic to them. The problem is that technology often brings these into being.
In this video I discuss bot robotaxis and the Tesla bot as two areas we see this as the case. It means the models that people are using are simply wrong (if they solve the technological issues).
▶️ 3Speak
I think my biggest concern on this topic is the difference in products. Tesla majorly deals in cars, and has batteries and solar, which are big ticket items. Compared to Apple and Microsoft, which are cheaper and can be numerous. A family will most likely have 1 car, but can have multiple phones, computers, and peripherals. Microsoft also deals with infrastructure. Apple and Microsoft also has almost half of the market share on their regular products. For mobile, it's either Android or Apple. For computers, Apple or PC. For servers, it is mostly Linux/Unix or Microsoft. Tesla has a lot of competition, and isn't the leader in its field.
Tesla has the highest profits of anyone in the industry, so from that perspective I would say they are the leader.
If you are using production/sales volume, that is true...for now. Nokia was once the leader in the phone industry. I am betting that you will not be able to make that statement in 2029 or 2030.
Hell Tesla already had the best selling vehicle in the world with the Model Y. I think the trend is starting to clearly emerge.
You make a good argument. Although the Nokia analogy can be used against Tesla as well. In the end, it is the company that makes the right adjustments and gives the product that the people want that wins.
That is true, the innovators will end up winning. Tesla is not letting the industry pass it by like Nokia. Thus, I dont see the comparison.
Thus, I dont see the comparison.
Tesla is the current leader in EV. Tesla seems to be stagnating in its design and its competitors are catching up. BYD just overtook Tesla as the best selling EV last month [some say it was a technicality because of delays]. BYD makes its own batteries which lets them lower their costs. This gives them a big edge over Tesla.
This is an article that I saw when I was looking up BYD.
its competitors are catching up
A narrative that was wrong since 2017. Yes BYD did outsell Tesla last month, and it isnt a one off. The next few years will see BYD sell more pure EVs than Tesla since it has the production capacity. Until Tesla gets the next gen car started, they are limited to what they can do.
Tesla also makes batteries, although they are not scaled. Plus they are building their own lithium refinery in Texas.
BYD makes its own batteries which lets them lower their costs. This gives them a big edge over Tesla.
No it doesnt. Tesla is dropping the average cost of their vehicles by about $800 per quarter. People do not realize how far ahead Tesla is with everyone else when it comes to manufacturing and software within the industry.
As for the models, they just did a major refresh on the model 3...which is ramping in China. This is coming to the US factory. The Model Y gets a refresh later this year.
I have all the naysayers for about 8 years and they are consistently wrong.
BYD is a strong company. Keep in mind, Tesla makes a lot more money off each EV sold than BYD.