Hacker News Reader

Comment by onemoresoop | Hacker News Reader

That doesn’t mean Musk’s gesture didn’t accelerate the downward trend. But I agree with the general sentiment. Overall Teslas can’t compete with other EV makers because as soon as there’s a real market Tesla isn’t that attractive anymore outside of a brand loyal niche. Musk appears to have lost his magic, or perhaps his mind too. Dude looks quite disheveled these days..

View on HN

because as soon as there’s a real market Tesla isn’t that attractive anymore outside of a brand loyal niche.

can't be further from the truth. if you drive tesla and then drive all of the competitors tesla is faaar superior car. cars are great. the core issue here are margins - before competition tesla's could retain the huge margins on their vehicles. feels like in order to compete now they will have to drop the prices and hence their margins and with the forward p/e ratio of 1,000,129 that won't go well for the company's financials. and of course elon being a tool isn't going to be helping with this :)

Many people will NEVER buy a Tesla because they don't like Musk's politics or behavior.

perhaps but I was not commenting on elon or his politics and repercussions from him going full-on insane, I was specifically commenting on because as soon as there’s a real market Tesla isn’t that attractive anymore outside of a brand loyal niche.

If they drop price tesla still can’t compete because they are lacking the capacity to increase production

they'd be just fine if they sell all the cars they currently have capacity to make with their current margins... not to satisfy the insane evaluation but in general :)

Have a model Y. Had a vw ID.5 before (leased), his assessment is correct. Tesla is a decent car with a NICE infotainment system. VW's Android system is not wow'ing anyone, but the car is quieter, handles better, turns on a dime, suspension is way more comfy etc - Volkswagen Group knows how to make a car. (And yea, as a European, this will be my last US oligarch/Nazi car)

Reply on news.ycombinator.com