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- Aug 19, 2015
Only thing I slightly disagree with is others catching up to them. Volkswagen is the biggest threat and the e-Golf cant go 100 miles, Audi is prohibitively expensive, and Porsche even more so. Tesla has an amazing first mover advantage that nobody can touch. The barrier to entry isnt just making electric cars, it's the unions that dictate labor, a wider breadth of product lines commanding more resources (money), and a lack of inherent brand trust/goodwill that Tesla has in spades.
I can't wait to buy back in after the inevitable price crash.
I'm not sure anyone is catching them anytime soon. Tesla is already outselling many "old" brands like Cadillac, Lincoln, Chrysler, etc. in the US.
New electrics don't currently have the same range as the Teslas. They don't have a networking for charging / supercharging. These old companies don't have the tech talent to maneuver as quickly as Tesla can. Not to say that Tesla is perfect by any means, I just don't think anyone else is even close. The Model S came out like 8 years ago, and in 2020 most manufacturers still can't even match the range / specs.