Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

JohnSJ

(96,959 posts)

1. I think a larger problem Tesla has is the cost of their vehicles is just too expensive for

Reply to mahatmakanejeeves (Original post)

Thu Apr 21, 2022, 08:25 AM

Apr 2022

the average person, and they just did a price increase. Add to that, the competition that will be coming down the bend in the next two to three years, and the high price earning ratio of 200 of the stock price, I suspect there will be a rebalancing coming for Tesla, in spite of the bullish sentiment of the analysts on the company.

Yes, they are in the process of moving their manufacturing to Texas, but I don't think that will stop the supply concerns, especially in regard to lithium.

What does "making a more affordable version for China", and more expensive version for the U.S. really mean?

What is Musk view of affordable?

On the earnings call this morning, not one reporter asked about Twitter. What kind of reporters are these?

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

2 replies

= new reply since forum marked as read

Highlight:

Elon Musk's talks of a Twitter takeover mask Tesla's troubles in China [View all] mahatmakanejeeves Apr 2022 OP

I think a larger problem Tesla has is the cost of their vehicles is just too expensive for JohnSJ Apr 2022 #1

I think this is a hoot. A little GM/Chinese EV is the best seller mitch96 Apr 2022 #2