Did the EV bubble burst ?
- Thread starter the_gem
- Start date
Kind of hard to justify price valuations like Tesla commanded when you have the global 5 soon releasing multiple ev models. Then new truck and car ev startups popping up almost every week. What's really the edge of Tesla? None anymore. They enjoyed first mover advantage, now it's over. Newer AI models have proven that supervised learning that requires hundreds of millions of data points are not necessary. (Tesla always boasted how they gathered all those driving data from Tesla on the road). There is a huge interest in the ai segment of the ev industry right now in reinforcement learning and unsupervised models. Also there are some very good simulators that models can train on without having a single car on the road. Look at Carla and other alternatives. Ev is about software not hardware. The moment better battery or motor technologies emerge every company will have equal access to such innovation. The real IP is in the software/ai models
Honda and Toyota will soon enter the EV markets. They are King and Queen of the standard auto market. Tesla is basically a luxury vehicle. Their bid for the standard market was the Model 3...
Give the choice between a Tesla Model 3, or a competitively priced Toyota or Honda... let's just say that a Tesla is #3 on the list, at best. I don't trust their dealer network, resale value, repair policies... or the company in general.
Methinks that TSLA auto has had their day.
Elon is nothing but a puppet for Old Money and Big Auto. GM and Daimler backed TSLA. Their marketing plan called for someone that would appeal to the 25-40 demographic. His eccentric anti-establishment image, flame-thrower, Space X, investments in crypto, SNL appearance, etc.. it's all a marketing pitch.
Give the choice between a Tesla Model 3, or a competitively priced Toyota or Honda... let's just say that a Tesla is #3 on the list, at best. I don't trust their dealer network, resale value, repair policies... or the company in general.
Methinks that TSLA auto has had their day.
Elon is nothing but a puppet for Old Money and Big Auto. GM and Daimler backed TSLA. Their marketing plan called for someone that would appeal to the 25-40 demographic. His eccentric anti-establishment image, flame-thrower, Space X, investments in crypto, SNL appearance, etc.. it's all a marketing pitch.
EV hype. The amount of saturation in this sector is absolutely disgusting especially when one believes tesla is going to hold its own in the years to come. The amount of EV cars coming to market in the next decade is mind boggling.
And little do those hippy save the earth people know the gigantic negative impact EV cars have on the earth's environment.