And the EV niche gets sliced up into smaller pieces. Just like 1990s.
Tesla can't win this game. They do not generate $100s of billions in revenues like the large OEMs. They have never produced cash or profit. They are about 1/2 billion in debt.
WRONG AGAIN BUDDY BOY! Unlike the 90s, there's actual demand for Tesla's and they are the real deal, not just some little experiment. Also competitor car manufactures are working WITH Tesla because they know they certainly don't want to be against them! Just wait for Q1 earnings when they announce to the world try are profitable and watch how quickly the stock soars!
KB, actually they are "producing" cash right now. Although I prefer the term profit. They are selling lots of cars, lots of power trains, energy credits. New models on the way. You sound like a pretty bright fellow, I'm surprised that we are looking at the same data and seeing totally different futures for this company. Human nature, I guess.
i know mercedes doesnt want to pay for credits but the name only goes so far. 0 to 60 in less than 10 seconds not impressive to tesla owner. 110 mile distance also less than impressive. the price is going to have to be pretty impressive to get a potential owners interest over a tesla
I was a little unimpressed when I read the stats about it as well, but never the less its Mercedes using TESLA parts and that alone I think is impressive. Definitely a plus for Tesla and could be a start of something much bigger?
Hi Seeth. I view this as another market segment that Tesla can enter (via Mercedes) without diluting their high-performance electric car brand. In other words, they get a good chunk of business (motors, drive trains, batteries, electronics) without building these low performance cars themselves. It is pure profit for Tesla. I don't think that a Model S buyer would ever be interested in this Mercedes product.