top | item 12429198

(no title)

DaGardner | 9 years ago

I think this sums the situation up quite well and explains why Mercedes, BMW, etc. have not put a serious Tesla competitor on the streets yet:

> We have to earn money at the end of the day though.

discuss

order

varjag|9 years ago

On the other hand, they didn't need to create the company, the product and distribution network from scratch in a competitive environment. They had R&D and testing facilities, engineer workforce, factories and supply chains in place.

They are just excusing themselves out of this blunder. They sat on their asses changing the grill shapes and let an upstart undercut them.

jacquesm|9 years ago

It's easy to undercut another company if you're willing to make a loss.

If Tesla reaches profitability you can bet there will be a lot of other EVs on the road within two years from that point precisely for the reasons you listed in your first paragraph.

usrusr|9 years ago

Tesla is as much a manufacturing upstart as it is a charger network upstart. Both parts can grow side by side. Shoehorning a charger network that is starting from zero into an existing, massive manufacturing and development organization that is perfectly tuned to the well trodden path would face a whole class of difficulties that simply don't exist in the all-new company.

forgetsusername|9 years ago

>They sat on their asses changing the grill shapes and let an upstart undercut them

Or...maybe no one has figured out how to produce an economically viable electric car yet, Tesla included?

I mean, if already having the company, product and distribution is such a huge advantage, then the competitors have massive leverage, no? Or do you think Tesla has "already won"?

VeejayRampay|9 years ago

But isn't always the game with ground-breaking technologies though? At first you don't make as much money, but you're laying the road for the big thing. And when the revolution begins, you're the one making the big bucks.

wott|9 years ago

Not always at all. Also often, the forerunner disappears when other companies jump in at a later, proven, profitable stage of the technology, when both technology and the market are ready for mass production.

kagamine|9 years ago

Look back at 100 years of automobile manufacturing. The big companies we have today are the survivors. As recently as this century, Rover Group, a company that was around for a century and made a great product ceased to be.

The tax perks in many countries that have buoyed up Tesla sales are ending. So perhaps manufacturers don't see now as a good time to enter a market containing risk. Better to wait it out and plan accordingly.

mtgx|9 years ago

They may not earn any money in 15-20 years, if they don't become more serious about EVs, though.

kuschku|9 years ago

They own Here maps, have laser-mapped all of Europe, work on self-driving cars, and own several european Uber-competitors and have stakes in many smaller taxi companies.

I’m sure they’ll find a way to survive.