Quote:
Among the criticisms of Tesla is that it has been slow to release moderately priced cars. The Model III, which should be priced at under $40,000, will be released within a year. One of the worries about its introduction is that Tesla production facilities may be too limited to match what may be brisk demand. If customers turn to other electric cars, even if the auto press and Wall Street analysts believe these are inferior, Tesla will have lost its first-mover advantage. As people get into the habit of buying products from other manufacturers, it will be hard to sell them a Tesla, and harder still to get these customers to change their buying patterns. If an average car is held by the owner for several years, that person is taken out of the pool of electric car buyers, and Tesla's pool of potential buyers.
https://beta.finance.yahoo.com/news/tesla-starts-disappear-105147399.html
I think this writer's view is legitimate. What do you think ?
Among the criticisms of Tesla is that it has been slow to release moderately priced cars. The Model III, which should be priced at under $40,000, will be released within a year. One of the worries about its introduction is that Tesla production facilities may be too limited to match what may be brisk demand. If customers turn to other electric cars, even if the auto press and Wall Street analysts believe these are inferior, Tesla will have lost its first-mover advantage. As people get into the habit of buying products from other manufacturers, it will be hard to sell them a Tesla, and harder still to get these customers to change their buying patterns. If an average car is held by the owner for several years, that person is taken out of the pool of electric car buyers, and Tesla's pool of potential buyers.
https://beta.finance.yahoo.com/news/tesla-starts-disappear-105147399.html
I think this writer's view is legitimate. What do you think ?