Tesla pick up in 4th quarter 2019

wilber1 wrote:
Musk is a bit of an oddball with an ego the size of Texas but maybe that’s what you need if you are trying to change the world. If EV’s are the coming thing, he is going to be up against some of the biggest corporations in the the world, so he has no choice but to be innovative and go big or go home. I’m not sure the financials will work without ICE production to bankroll his EV development but I give him credit for trying to do something no one else has. He has almost single handedly pushed the industry into what may be the biggest change in its history.

They definetly face some strong headwinds. It is the most hated company in America both by the general public and certainly corporate America. Most want to see them either bankrupt or at minimum have them move out of the country. I think there survival will depend on wether they can stick around long enough to get more factories in Europe and Asia up and running. Then they can shut down manufacturing operations in the US and just import. I would think they have about 5 years to get it done. GM will be going back to the tax payer teet soon enough to get all new EV factories in the US and Canada. They are still too big to fail although they are losing market share fast.

I think the Rivian pickup will be in limited production first with Tesla coming later but in greater quantity as they have the battery capacity in development.