I always thought TSLA was a bad buy because long term they must become a commodity that competes with every other industry that has electric motor technology - which means just about everybody. GM and Ford can compete long term because of economies of scale, but TSLA really doesn’t have anything that can’t be duplicated.
“TSLA really doesn’t have anything that can’t be duplicated.”
Actually, looney-tunes Elon is in a class by himself...
I always thought TSLA was a bad buy because long term they must become a commodity that competes with every other industry that has electric motor technology - which means just about everybody. GM and Ford can compete long term because of economies of scale, but TSLA really doesn’t have anything that can’t be duplicated.
...
Just like McDonald’s and hamburgers.