I suspect I hold a minority opinion - but I think Tesla is woefully overvalued for what it is, and what it sells - yes, it has interesting new technology, but I have doubts about its ability to execute at the scale required to dominate the market as they wish.
Tesla has a market cap of 56 billion dollars - compared to Ford at 45 billion, and GM at 61 billion.
Tesla I believe sold around 100,000 cars in 2017, and 76,000 in 2016, in the US alone Ford and GM sold 2.5 and 3 million respectively in 2016 - to give you scale GM sold 10 million worldwide (again, in 2016).
Scaling manufacturing operations is one of the hardest things to do - so I dont see it to be possible for Tesla to chase after the mass market, or do anywhere near the sales of the other manufacturers.
Tesla has a market cap of 56 billion dollars - compared to Ford at 45 billion, and GM at 61 billion.
Tesla I believe sold around 100,000 cars in 2017, and 76,000 in 2016, in the US alone Ford and GM sold 2.5 and 3 million respectively in 2016 - to give you scale GM sold 10 million worldwide (again, in 2016).
Scaling manufacturing operations is one of the hardest things to do - so I dont see it to be possible for Tesla to chase after the mass market, or do anywhere near the sales of the other manufacturers.