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To: roadcat
You have a lack of understanding of Elon Musk's thinking. His mission was to push the world into EVs.

So, you have a better understanding of MUsk's thinking than he does?

Musk may have wanted to build EVs, but, he's finding out that, there is huge resistance in the marketplace to them. People don't want them, and a good percentage of those that bought into the initial hype have had second thoughts, not only for Tesla vehicles, but for the whole idea of EVs, no matter the maker.

Musk/Tesla are having to rethink their company, including the EVs and the battery division. No matter how much anyone tries to spin what Musk/Tesla are doing, the fact remains that, EVs are not changing people's minds about going to EVs in place of ICE vehicles.

You can spin all you want about what Musk had in mind originally, but, we're talking about the present day reality of EVs not making it in the marketplace.

Robo-cars may become reality in the future, but for now, people don't trust them to do the driving for them, and what's available now are for very short-distance minimized areas. Believe me, I wanted the self-driving vehicles to come to fruition, as I made a big stink about them even her on FR, but, it's been disappointing up to now.

Whatever else Musk does, reality is that EVs have been huge disappointments and people are either not buying or returning them. I know, I've see new dealer lots with new EVs not selling and a huge number of returned EVs or traded in EVs. The hot thing now is hybrid vehicles, but still, people prefer strictly ICE vehicles.

Your arguments are mostly about Musk and his vision, but, he's facing the reality that EVs are not what people are looking for. Tesla vehicles may remain the niche car in the market, but EVs in general are kaput.
21 posted on 04/17/2024 6:05:31 AM PDT by adorno (CCH)
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To: adorno

Elon will prevail

He has the better product


22 posted on 04/17/2024 6:11:03 AM PDT by bert ( (KE. NP. +12) Hamascide is required in totality)
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To: adorno
So, you have a better understanding of MUsk's thinking than he does?

No, I only repeat what he stated, period. I don't make things up.

How has he failed? He accomplished his goals. Some buyers may have complained, but the company is successful. I saw similar arguments against Apple early on in the late 1990's , a lot of people like you saying they would go under. I bought stock when it was in the teens/share, and saw it go through stock splits as it became a tech behemoth. This happens with other companies with new technology, they encounter fierce resistance even as they grow. I was an early adopter of new tech going back to the mid-1970's, and have seen many companies fail while others grew. Tesla is one that is, and will continue growing. Tesla is not going under anytime soon. They continue having growth and profitability year over year, and I am glad I bought stock early on. I don't own a Tesla vehicle, but I have an interest in the company because I own stock. As for Tesla vehicles, they continue to sell even as other EV producers are failing. I never said EVs will change the minds of customers that want ICE vehicles, and I agree that ICE vehicles will continue to dominate well into the future.

I own several ICE vehicles, as well as an EV. (Actually a 5th that I am completely rebuilding.) So far, my EV is my daily driver and I personally see nothing in it to disappoint me. Mainly because I can shift to the ICE vehicles as needed. Not everyone's situation, so others will continue to be dependent on owning an ICE vehicle. (Except for my brother-in-law living in a condo, he couldn't buy an EV because of no charge port, so he bought a hydrogen-powered car - big mistake because refueling stations are getting closed down here in California.)

Let's revisit this topic in 5 years and see how it plays out. I say EV's will still be around, about 40 percent penetration of the market, and ICE will continue to dominate. And Tesla will be a powerhouse tech company with growth like Apple, Amazon, Google, and META. GM will be lucky to still be around.

24 posted on 04/17/2024 11:54:32 AM PDT by roadcat
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