Quote:
Originally Posted by kane
What we might be forgetting is that Tesla is still a very new car company. They are going to go through some growing pains. Personally, I think electric cars are the future and I think the prices of them will continue to drop as the quality of them continues to increase. Tesla will have to make adjustments to stay with the growing market and like any other company they will need to continue to improve their product. Will they? Who knows. For all we know they will sell off the car division and become an aerospace company or simply a battery and technology company.
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not only are they a new [car] company, they're attempting to disrupt the entire car industry and consequently, others. those are lofty goals and i applaud them for them, and hope they succeed.
but the hurdles are immense. heck, looking into lithium, it's price has doubled in the last 6 months and goldman sachs has put it in play as an emerging market to drive the price up for profit taking.
Spiking Lithium Prices Could Dent Tesla's Profits - Breitbart