[All Electric]

Finally things are getting started on new battery factory in Alabama. It looks like a lot more progress has already been made other than a few shovels full of dirt.



https://www.al.com/business/index.ssf/2018/10/mercedes-benz_breaks_ground_on_1.html

 

[Enzo]

I'm a bit surprised that Mercedes plans on developing their batteries in house. A lot of automakers seem to be establishing relationships with already existing battery providers. Mercedes may be thinking long term though, as supply may become limited as more EV's join the market.

 

[Quinn]

Even Tesla with its massive gigafactory has partnered with Panasonic in an effort to keep production on track. Luckily with the shared platform that MB is using for their EQ models they will really only have to develop one kind of pack to start.

 

[PetersBenz]

Tesla's business model allows them to scoop up people betting big on the future, hence why some Saudi wealth fund had no problem backing them with a billion USD.

 

[Enzo]

That didn't end up happening. Hence why Elon is being forced to step down as chairman. They are going to need to start making a profit soon, because they have been burning through cash.

 

[PetersBenz]

In that case if Tesla's valuation falls it might create the perfect scenario for that same wealth fund to come in and buy at a cheaper price.

Tesla is in demand but at the right time, right price and the right buyer.

 

[Quinn]

When Elon tweeted that he wanted to take the company private, VW actually reached out with an effort to support this venture. But unfortunately I don't think he has any interest in giving away any controlling interest of the company.

 

[PetersBenz]

Unfortunately Tesla is running out of time and won't be that one up and coming car maker that's ahead of the curve, either Tesla will eventually sell or grow by benefiting from the overall growth of EV's.

 

[Enzo]

Tesla has done what no automaker thought possible and has made electric cars both desirable and profitable. Even if they do end up losing controlling market share with so many rivals joining the segment, they should be applauded for what they have accomplished in such a short period of time.

 

[PetersBenz]

Tesla has done what no automaker thought possible and has made electric cars both desirable and profitable. Even if they do end up losing controlling market share with so many rivals joining the segment, they should be applauded for what they have accomplished in such a short period of time.

Tesla will just have to adapt as any good company should and if his other ventures pay off of if he's able to get more outside funding, Tesla will continue to push the envelope.

 

[Quinn]

You can bet that once the Roadster is officially unveiled that interest in Tesla will yet again spike. That car is looking to punch well above its price bracket, even matching the performance of models like the Huracan.

 

[PetersBenz]

it will make the general automotive public take Tesla a bit more serious since flagship products often set the tone but it still won't ensure solid growth numbers like what we'd expect. only time will tell.