Quote:
Originally Posted by KRS_SN
Legacy manufacturers had a head start hence they sell more cars overall. Tesla had a head start in selling EV'S hence sell more EV'S as theyare now thelegacyEV manufacturer. The reasoning is coming around
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Well not really given:
• Lots of people were making EVs in the early 1900s, some for decades ...
•
BMW was making electric cars in the
1970s: 1602e & LS Electric ...
•
BMW also made the
E1 & E2 in the
early 1990s ...
• The
GM EV1 and
Honda EV were made ~ 2 years in the
late 1990s ...
• The
Toyota RAV4 EV was made for about 5 years in the
late 90s ...
• The
Nissan Leaf showed up in
2010 (2 years prior to the Model S) and is
still being sold!
• The
Fisker Karma came out the same year as the
Model S,
2012
• The
BMW i3 came out 1 year after the Model S,
2013
• The
VW eGolf came out 2 years after the Model S,
2014
• The
Chevy Bolt EV came out in
2017
So Tesla is far from the legacy EV manufacturer starting well behind many others, they've just made the strongest selling models.
As of now ... Lots of competition coming though ...
Quote:
Originally Posted by KRS_SN
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Great time to buy in!
It'll be at least double by summer with the US stimulus coming ...
At $300 I'm a buyer, otherwise probably no as I already have exposure via growth index funds ... I am kinda
wooed by $ARKK though ...