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b_b  ·  1274 days ago  ·  link  ·    ·  parent  ·  post: Plutocrat punch down

    Musk is not selling cars, as much as he is selling the selling of cars.

One thing I'll give him credit for is the acceleration of EV platforms at other companies. Definitely the EV industry wouldn't be where it is without Tesla. I think Tesla's market dominance in EVs is probably going to be short lived when, e.g., BMW, Audi, and other car makers who make cars that aren't ugly and rife with quality issues have viable products at competitive prices. Right now that giant market cap gives Tesla a big leg up on the competition by making them able to sell cars at a loss while still raising money whenever Elon feels like buying a new plane or whatever.