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Old 02-23-2019, 05:58 AM   #75 (permalink)
RedDevil
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Quote:
Originally Posted by Taylor95 View Post
I would definitely be wary of TSLA. Elon Musk has a habit of making big promises and not delivering on them.
Not delivering on promises is the one reason why Tesla decided to take parts manufacturing in house.
Parts manufacturers wouldn't deliver to specs? Make your own parts.
Grohmann doesn't solve its ongoing problems? Buy them.
It put Tesla back several months, but the promises will materialize albeit later than initially foreseen.

Specifically, the $35.000 Model 3 will be a fact. Tesla can sell a $42,900 mid range Model 3 with a $3,000 sound system and a lot of other premium stuff at a > 20% profit margin, so just a smaller battery and a simple sound system would be enough to maintain a healthy margin on the base model.
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Last edited by RedDevil; 02-23-2019 at 04:32 PM..
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