>So compared to revenue, Tesla spends much more on R&D
No, they don't spend "much more".
Old, dying GM and high-flying, take-over-the-world Tesla spend nearly identical amounts as a percentage of revenue. How can that be possible? One is building factories and semi-trucks and solar roofs and AI chips and robo-taxis and "ramping up investment" and the other is going out of business (so I hear).
>None of them have a charging network or battery efficiency or battery production capacity close to what Tesla has.
Tesla arguably makes the best EV on the market right now, that's true. But this idea that no one wants anything else, once again, flies in the face of the data. Competitors are selling well all over the world. And that's what we want, isn't it?
>None of them have a charging network
The charging network was a genius way to get people to buy EVs at time when range anxiety was an issue. It was one of Elon's best moves.
But the days of it being a real competitive advantage are almost gone. Car companies don't own gas stations. It's cost center. Did you see the lines over the Thanksgiving and Christmas holidays? Who wants that?
No, they don't spend "much more".
Old, dying GM and high-flying, take-over-the-world Tesla spend nearly identical amounts as a percentage of revenue. How can that be possible? One is building factories and semi-trucks and solar roofs and AI chips and robo-taxis and "ramping up investment" and the other is going out of business (so I hear).
>None of them have a charging network or battery efficiency or battery production capacity close to what Tesla has.
Tesla arguably makes the best EV on the market right now, that's true. But this idea that no one wants anything else, once again, flies in the face of the data. Competitors are selling well all over the world. And that's what we want, isn't it?
>None of them have a charging network
The charging network was a genius way to get people to buy EVs at time when range anxiety was an issue. It was one of Elon's best moves.
But the days of it being a real competitive advantage are almost gone. Car companies don't own gas stations. It's cost center. Did you see the lines over the Thanksgiving and Christmas holidays? Who wants that?