Elon Musk once scoffed at the notion that BYD could compete with his company. Now, the automaker run by billionaire Wang Chuanfu is poised to be the new No. 1 in electric vehicles.
That’s very fair to think it won’t materialize as Tesla thinks. There really are some long shots going on here and a huge amount of faith on investors.
Gen 3 is just the new vehicle platform to make the next 5-10 million vehicles (if we assume they can even do that). It hinges on the 4680 battery developments, and their ability to get costs down even further. It’s what the small vehicle (~4 million/y estimated vehicles as per Elon), the van, probably a non cyber truck and whatever else they got up their sleeve will be built off of. As much as you think the company value hinges on FSD, it hinges on this as well. And maybe they are interconnected. No 20 mil without FSD, and no 20 mil without Gen 3 being a success.
I think we’ve exhausted everything to discuss here lol. I’ve really enjoyed this conversation with you and you’ve given me some additional things to think about. So many conversations about Tesla just devolve into chaos and this was a really nice breath of fresh air. Thank you =)
I’ve really enjoyed this conversation with you and you’ve given me some additional things to think about.
Likewise, interesting to debate this rationally, I can see there is potential, and I think Tesla will do well for the foreseeable future. But I would never buy Tesla stock at the current price.
That’s very fair to think it won’t materialize as Tesla thinks. There really are some long shots going on here and a huge amount of faith on investors.
Gen 3 is just the new vehicle platform to make the next 5-10 million vehicles (if we assume they can even do that). It hinges on the 4680 battery developments, and their ability to get costs down even further. It’s what the small vehicle (~4 million/y estimated vehicles as per Elon), the van, probably a non cyber truck and whatever else they got up their sleeve will be built off of. As much as you think the company value hinges on FSD, it hinges on this as well. And maybe they are interconnected. No 20 mil without FSD, and no 20 mil without Gen 3 being a success.
I think we’ve exhausted everything to discuss here lol. I’ve really enjoyed this conversation with you and you’ve given me some additional things to think about. So many conversations about Tesla just devolve into chaos and this was a really nice breath of fresh air. Thank you =)
Likewise, interesting to debate this rationally, I can see there is potential, and I think Tesla will do well for the foreseeable future. But I would never buy Tesla stock at the current price.