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The company is profitable, huge, growing, and has a product people want. Their products have a lot of commonalty and long production times. There's no other el
by hobotime 2y ago
The company is profitable, huge, growing, and has a product people want. Their products have a lot of commonalty and long production times.
There's no other electric car that will be as well supported as well going forward.
- Ao7bei3s 2y agoThose are all arguments for buying Tesla stock, not a Tesla. Of course Tesla will keep selling new cars. What if Tesla pulls the rug on existing models and stops supporting them after a few years? It's not an outlandish fear. Musk has been wildly unpredictable, anything could happen. And given e.g. the recent story about how a Tesla car wouldn't even start again without calling support for some kind of remote maintenance, Tesla owners seem to be more dependent on the company's support than average. It wouldn't surprise me at all if Teslas were generally one expired TLS certificate inside the car away from being bricked.
- jprd 2y agoThese are great points, can't dispute the facts you've laid out. We also have to incorporate the absentee leadership, random/snap strategic decisions, solar, playing games with the stock via social media, Optimus and Cybertruck. If I was seeing Tesla nail down fit-and-finish, or just QA reliability, I might even be able to look past the irresponsible safety decisions and the anti-LIDAR religion. IMHO - Musk is certainly now more liability than asset to Tesla's future.
- Zigurd 2y agoAnd Semi. And New Roadster. And laying people off while still claiming a robotaxi and a less expensive car are coming soon.
- EA-3167 2y agoIt's also a company who's CEO says they aren't a car company, a company that thought the Cybertruck was fit to release, and company under investigation for defrauding investors and customers.