Tesla isn't going to be around much longer either way. They are bleeding cash left and right with this new vehicle development, and the electric shit just isn't catching on with mainstream America. The stock price falling greatly over the past several months in a major indicator.
that doesn't make sense to me. people at least think they want it and think they know what they are getting, look at all the pre-orders. they could be profitable as the toys for rich people's niche but think they can compete lower market and with the masses. the stock price is not within a world of a fair valuation so IMHO it makes sense for it to fall, i expect their ultimate valuation to be much lower, but i've certainly lost money trying to bet on that in the past. timeline is tough, especially when the fanboyism is strong.
That just makes me so happy. Not even about my speculative stock purchase which is going to pay off but just seeing what this guy does. Between the Hyperloop, SpaceX and Tesla, I mean fuck. And then there's that little footnote in his past where he started PayPal.
hyperloop seems even less likely that a massive market share of full EVs for normal people. that's like a little prison death tube that wants to go straight but there's all sorts of shit in the way. if anyone but musk had proposed it would a single person even be building it today? i'm skeptical it ever really goes anywhere. EVs at least have their niches.
The Kink in Elon Musk's Hyperloop
They are very young compared to Ford. If and when the model 3 comes out that will be their affordable model. To offset costs.
The cars they produce are far greater than any Ford on the market.... exception limited production cars... Ford GT, gt350 etc
Elon does not know how to fail. Let's not count them out
the 3 doesn't have to just come out. it has to compete with other technology that is not standing still and it has to be affordable and it has to be profitable. the challenge, as it always is in business, is meeting all 3, not just 2 of them.
elon doesn't know how to fail is just cult of personality talking. this is part of why their stock price is crazy too. of course successful people know how to fail - many of them have done it quite often. just look at trump, he's failed in practically every market ;p