Tesla registrations – and public opinion – are in a free fall | Hacker News Reader

Tesla registrations – and public opinion – are in a free fall

theverge.com

14 pointspwg7 comments

Open articleView on HN

Tesla's market cap is $804.06B and PE over 120.

Quarterly Revenue Growth (yoy) 2.10%

Quarterly Earnings Growth (yoy) -70.80%

Markets are believing really hard, but at some point it stops.

(An energy company ,yeah right. Chinese are 10 year ahead the rest of the world in battery technology.)

The Chinese are ahead in the mass manufacturing and commoditization of electric vehicle batteries, but there are still some interesting innovations coming out of the U.S. and Europe, as well as Japan and South Korea.

As for Tesla’s recent hiccup, they have a strong product portfolio and are likely to recover before long. It’s happened before.

> It’s happened before.

Tesla's CEO (who for better or for worse is an inextricable part of the brand) wasn't one of the most hated people in the world before.

the road to recovery will be long and hard. tesla hit everything perfect, built charging infra before they had many cars, started with luxury roadster/model s and built a brand. showed the world EVs don’t have to be uglier and smaller versions of prius. the owners overlooked A LOT of insanely subpar things about the cars because of all this.

now there is serious competition that did not exist before and every single price point (model 3, model y, model x…) there is serious and pound-by-pound superior competition. add to that all the politican nonsense happening and you got a perfect storm.

not impossible of course but I think tesla has an uphill battle ahead

I wouldnt even drive a Tesla if it was given to me for free. Thats pretty easy to compete with.

Why not? What do you have against the 139,999 employees of Tesla who are not named Musk?

It will be very interesting to see if Telsa gets into trouble regarding the emissions market where it did sell its emissions allowance to ICE manufacturers. Less cars sold should mean less carbon credit to sell?

Reply on news.ycombinator.com