It remains to be seen whether Tesla will be able to leverage their access to cheap capital in a way that will allow them to corner the market on batteries. I think that's what this will all boil down to.
A lot of Apple's success with iPhones happened because they were able to dominate the market for the latest and greatest components, locking out competitors by simply buying up every scrap of cutting edge parts. If Tesla is able to leverage their capital and lock everyone else out of batteries, they might strangle the competition in a similar fashion. On the other hand, if Toyota or some other competitor can develop some game-changer battery technology and lock Tesla out, they could fold just as easily.
Anyway, I do contemplate this particular shift in cars because of Tesla’s valuation. Why would Mazda keep existing if Tesla and Apple just out school them? There’s going to be some dead companies for sure. Where is Mazda on future tech?
Mazda's CX5 handily outsells Tesla's Model Y.
I think the thing that a lot of people don't understand about Tesla, is that most people can't afford to spend $60,000 on a car. The Mazda CX5 has a MSRP of $25,270.
There's tons of people who buy things based on price, and battery prices aren't getting any cheaper.
On top of this, the CX5 competes in a segment where there's at least fifteen competitors, whereas the Model Y is (mostly) competing with the Jaguar I-Pace and Audi E-Tron.
I thought they were getting dramatically cheaper every year?
It's bizarre. How can people be this narrow minded on HN? Maybe they are not hungry anymore, they cashed in their stock options or made their acquisition and think they are infallible.
Look I love my Ferrari, its never going to lose value, its gone up since I bought it two years ago because as EVs become more popular, people are always going to value analogue.
There's a reason the manual version of the same F430 has a 100,000 USD premium. As EVs become no longer just Tesla, ICE cars are going to be even more sought after.
Tesla's electric cars are boring and Porsche's rendition is what the future holds. You can't compete with software alone, other manufacturers have largely caught up now.
What you say is true, people often downvote things they don't agree with.
However, I think you're also getting downvoted because you're using words like "fanboys" and "screwed". People on HN tend to react very negatively to inflamatory language.