I am an enormous fan of Tesla. Cherished the mannequin three a lot, I bought a second for the spouse. However let’s be clear: Elon doesn’t (but) mass produce probably the most in demand and inexpensive autos, i.e., SUV and vehicles. Furthermore, battery prices might want to drop an entire lot extra for an EV to change into THE mass market car. The highest promoting automobiles within the US have stickers at lower than $25ok; the Corolla and Civic checklist at <$20ok and promote hundreds of thousands. (and, after all, no one pays sticker.)
Is the Mannequin three an superior automotive? Completely. But when a $20ok worth level is ‘inexpensive’ for the plenty, that may be a big problem Elon, as battery packs alone begin at what, $7-$8k?
btw: the writer forgets to debate the impression of Photo voltaic on Telsa’s inventory worth…..