Current Affairs Elon Musk

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I don’t think this is all to do with Musk’s dropping popularity among those on the political left, there are plenty of macro factors around too, but I do think it a part of it.


It's very little to do with macro factors.

His cars are expensive and not that good. There is a lot of innovation and competition coming to the area, who will have better economies of scale than him.
 
It's very little to do with macro factors.

His cars are expensive and not that good. There is a lot of innovation and competition coming to the area, who will have better economies of scale than him.

This is what I was thinking. I admittedly know little about cars/auto manufacturing, but in the last 2 months I've seen numerous major car companies airing commercials for their all-electric lines of vehicles (Audi, Nissan, Chevy, Ford, Kia, VW, Toyota, etc. etc.). I don't think Tesla has the money, quality, or industry to stack up against these players; Tesla's popularity was their initial novelty in a fairly barren market back in the mid-2000s. But now the market has caught up and will likely out-perform Tesla quite a bit.
 
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