“Tesla’s last earnings was a disappointment.”
Actually came in ABOVE expectations.
“I also have seen various ratings that show Tesla as only middle of the pack as far as reliability”
Nope.
Consistently come in tops in reliability.
Even the top French motor magazine gave Tesla the top ranking in reliability,
And the French currently don’t like Musk or Trump that much.
Tesla has greatly improved since their initial auto offerings. They are in the middle of the pack according to Consumer Reports most recent rankings. Keep in mind that CR does a survey annually of their subscribers. You have to fill out their questionaire. Which I understand to be a sample size of around 600K participants. So, from a statistical standpoint it is a large sample.
In addition, they DO NOT take advertising revenue from manufactures.
These rankings are of typically newer autos too. So, even though BMW is ranked fairly high, it is still very expensive to maintain a Beemer once it is 5 years old.
What I do not understand is people who continue to buy Jeeps, Chrysler, Dodge, Jaguar, Land Rover(no longer even on their report they are so bad) and others that are consistently at the bottom of their and JD Power rankings.
One of the things Elon admitted on Joe Rogan was that there is a lot more to producing an automobile than the battery and drive train. When you push the button people actually expect the windows to go down. I am paraphrasing. But is was something like that.
Tesla has come a long way in a relatively short time. Their initial quality was not good. It is now a lot better than it was.
The question I have is how many miles will they actually go before the battery is done and therefore virtually worthless. Then WHAT do they do with the old batteries?
386 times earnings? So true. Maybe what I saw was a one off. Toyota was tops with German cars coming in middle of the pack.