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this post was submitted on 10 Aug 2023
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Yeah I think this is a bigger risk for Tesla than current owners selling.
I'm not in the market for a car right now but there's a decent chance that the next one I buy will be an EV. Up until maybe 2 years ago I'd have said a Tesla would have been top of the list for options. I don't really feel that way anymore, and Musks instability is the primary reason.
I think his antics will have a snowball effect on future sales.
Teslas just don't drive better than any other EV. Yes, the first time i got in a tesla i was floored, but it was also the first time i ever sat in any EV. After seeing a handful of other EVs, i now realize tesla isn't anything special at all, all the EVs have that smooth electric motor feel.
They're going to be a medium sized car maker, like mercedes or bmw. They have no chance at selling more cars than toyota or gm to justify the insane market cap.