In a few years Tesla could be at 60 billion in revenue and climbing. It will be zero sum against GM in particular. You think GM can take a 30% revenue cut and not go bankrupt? I don't. This foot dragger will go down for the count a second time and stay down. Being a petrol w**re is what sunk it last time and it still is. Loser petrol economics through and through. Tesla is a pin to its baloon. Tesla completely dominates the luxury market and soon ultra high end (already utterly embarrases that section) it will do the same as it moves down market and its doing it right now. This is what happens when a soft backwards profit-for-parasites outfit encounters a real mission focused organization in actual competition. Even petrolcrat Romney didn't think GM should be revived, a justified sentiment when GM spent its window on stock buy backs and other soft lazy moves.
"A neurotic is a man who builds a castle in the air. A psychotic is the man who lives in it." -- Jerome Lawrence
Man who brought Cascadia to 40% global share headed Tesla semi design- still there driving it Man that lead Waymo to success now at Tesla heading Tesla autonomy design. Most respected stylist at Tesla. Best 2 battery guys at Tesla. CEO most admired by CEOs globally by a landslide at Tesla. Greatest automotive or consumer launch in history at 25 billion preorders for model 3 at Tesla. Only maker that doesn't suffer under EV and only automaker with overwhelming good will Tesla. Automaker with highest customer satisfaction Tesla. Likely Motor Trend car of the year Tesla. Only automaker that can grow into trifecta of electric autonomy peers, Tesla. Only one ready for it Tesla Other makers are built out, at scale, have old factories and the wrong personnel make up for it. Others can't grow sales in the face of a 18x reduction in units that trifecta will bring but Tesla can and will. Only maker with a demand instead of supply issue Tesla. Dominant luxury maker Tesla. Soon to dominate hyper cars Tesla. Only maker that can go full speed without canibalizing huge sunk costs Tesla. Maker about to destroy marker case for F150- Tesla. Really the petrol makes have a stranded asset issue just like the petrol firms they are pawns of. There are some Chinese makes that fit some of the Tesla picture too but against so called established (obsolete) makes its all Tesla. Tesla is the only company in an offensive position all others are defensive panic reactionary trying to spew spin and subterfuge like an ink cloud. Tesla exceeds GM's stock price when it produces 1/120th the number of cars. People have about 0 confidence in GM because of its offender history and pathetic conflicts of interest. If Tesla merely doubles last years production in 2018 its apt to cut GM's share price in half and bring on the strong expectation of GM bankruptcy. With real public concern over a pending GM bankruptcy how will that affect GM revenue. We know how donward spiral into repeat of 07 with clear message of failure to learn lessons with another zeroing of share holder value but this time no bail out- can't wait it will finally slam the door on the BS petrol era and 50 years of planet compromising fake(sponsored) media to cover its horrid economics. Don't bet against the best. Delusion/insanity is repeatedly failing to yield to reality.
If by “good chance” you mean 0 then I agree. It is about as likely as GM personally bankrupting Tesla. If either company ever goes bankrupt it will be due to a variety of reasons. “Tesla exceeds GM's stock price when it produces 1/120th the number of cars.” So stock evaluations are in fact how a company’s success is measured? “Even petrolcrat Romney didn't think GM should be revived, ajustified sentiment when GM spent its window on stock buy backs and other soft lazy moves.“ “Let Detroit Go Bankrupt” Romney? An odd choice to defend your GM hate. He also wanted to let Tesla fend for itself and did not think it should have been granted government loans. You guys have a lot in common. You both would have prefered to put hundreds of thousands of americans out of work... ultimately costing American taxpayers even more than the bailout did. Not to mention further feeding the economic death spiral of the recession. But hey... at least you and Romney would both have your purist ideals to keep you warm at night!
The only thing we bailed out in 07 was petrol, thats what the derivatives were actually insuring. And that is why Obam who started out with coal backing went hard green in recognition of the carnage. Probably getting a better look at the inside of 911 didn't. You're right I don't care about the jobs, even the better ones are just more wage slavery- if they paid enough to start your own Tesla or GM that would be different. But we should of replaced every one of those jobs with a birth to death high indexed guaranteed annual income 50 years ago. Welfare of the people working those jobs, not optional or negotiable, wealth of the very rich (?) Completely optional. Save for a few if it were up to me I take the wealth of billionaires in this country convert it to cash and burn it in the street. If we have the poor and the homeless we obviously cannot afford billionaires and certainly not trillionaires. Greed is a crime.
Oh, it's worse than that. During a debate, Romney called Tesla one of Obama's "losers"! Yeah, almost every company would just love to be a "loser" like Tesla!
Thanks for the laugh. You do realize that putting legacy automakers out of business is not Tesla’s goal? And that we should be rooting for all the legacy automakers that make millions of cars a year to successfully make the transition to EVs? (Which is Tesla’s goal). GM has a good chance of outproducing Tesla in terms of EVs in the coming years. GM will target not only the premium high end market (fewer sales) but also the lower end market (lots more sales).
I agree that is the goal but GM is still not serious, it thinks Trump can save it. It just wants 50 more years to make the transition, it wants to be sure that peak oil is decades in the past. It wants all the same people or their direct descendants in charge. Its hard for them to accept but history wasn't a concept and they didn't win it. They don't have entitlement they debt that can't be socialized and ignomy for putting humanity at serious risk for the worst of reasons. At a time when we should be in the middle peace and prosperity they brought the opposite over power lust.
