$Tesla (TSLA.US)$ Tesla's succeeded in its niche: poorly con...
$Tesla(TSLA.US$ Tesla's succeeded in its niche: poorly constructed, ugly, overpriced, entry level EV.
Unfortunately, that niche is getting crowded!
Competitors are racing ahead in every category and at every price point.
Elon "Ted Cruz" Musk is dumping his Texla stock.
I would run - not walk - from this stock.
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r8ntdxstAw : I just don’t see them getting to scale fast enough to destroy tesla do you?
xoshi8HiuI r8ntdxstAw: I don't either, but that's not what you should be taking from the article. The author is 100% correct that being first isn't an advantage...at least from a technological standpoint. Lucid has been able to play catch-up while spending a fraction of the time and money. If Lucid can do it, anybody can. This should serve as a wake up call to Tesla investors. But rest assured, it won't.
RjqRwaUMHM : Gotta admit, Musk was brilliant in regards to how he pulled off that stock sale without being viewed as taking the money and running away. Make it a moral case about contributing to society by not dodging taxes! Brilliant! LOL.
bAUwzKkxLL RjqRwaUMHM: I don't see Tesla stock going to zero....but yes there will be more and more competition in the space.