manitou202
Well-Known Member
- First Name
- David
- Joined
- Sep 11, 2019
- Threads
- 14
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- 366
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- Location
- Manitou Springs, CO
- Vehicles
- Porsche Taycan Turbo S, Audi E-tron
The battery day presentation was about nice incremental improvements in their battery technology and manufacturing processes. Not some huge leap forward that completely disrupts the car market. I'm pretty sure many other battery manufacturers are moving forward with similar progress. Maybe a couple of years behind Tesla, but not decades behind.
With Tesla's market cap worth more than all the European car manufacturers combined, it should be expected that they make incremental improvements like this. Otherwise how do you justify the price? They need to become much more profitable, sell 20X - 30X the number of vehicles they do today, and possibly sell batteries to other manufacturers to justify the price of today. Even then it's still too high.
With Tesla's market cap worth more than all the European car manufacturers combined, it should be expected that they make incremental improvements like this. Otherwise how do you justify the price? They need to become much more profitable, sell 20X - 30X the number of vehicles they do today, and possibly sell batteries to other manufacturers to justify the price of today. Even then it's still too high.
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