Tesla Is Dying; Long Live Tesla!

Cars, News I By Tom Martin I May 28, 2019

The media swirl around Tesla is laden with histrionics and conjecture. No doubt Elon's style brings some of this on, as does the need for media to generate clicks and page views. Digital Trends recently did a piece on Tesla, which they summarized as "Tesla Is Dying", and we might summarize using the same facts as:

Tesla is set up for mega success. Every startup has to explain to investors what their exit strategy is. And not just as an aside, but as a fundamental aspect of the plan, because investors in new businesses basically say 'exit strategy isn't everything, it is the only thing'. To fulfill its exit strategy promises, Tesla will raise another round or two to scale up to 1M cars per year. Then, in a world where Chinese and EU and US regulations mean everyone has to transition almost completely to EVs, and having positioned themselves as the brand that means 'EV', and the brand that means 'cool', and the 'brand that makes better cars than Audi and Jaguar and BMW and Honda and Toyota and all of GM and Ford', Tesla will be acquired. There probably will be a fight between OEMs, jacking up the price. Success on a massive scale is in store for Tesla because it is setting up for a huge exit (remember: the only thing). Oh, and by the way, the Tesla culture may simply eat the acquiring company for breakfast.

Tags:

The Guide to Road Racing: Winding Road Magazine's ultimate guide to getting your start in racing.

Table of Contents

Related Articles

Genesis Unveils X Gran Racer VGT Concept At Busan International Mobility Show 2024

Latest concept car to appear in Gran Turismo digital racing game series Hybrid powertrain delivers 1,540 horsepower and1,051 lb-ft torque Exterior design creates a symphony…

June 27, 2024
Hyundai INSTER: New A-Segment Sub-Compact EV Delivers Unique Design with Segment-Leading Range and Versatility

Hyundai Motor unveils all-electric INSTER, the new A-segment sub-compact urban EV with up to 355 km of targeted driving range according to WLTP INSTER’s compact footprint,…

June 26, 2024
Kia Adds Hybrid Powertrain to The Carnival MPV Lineup And Announces 2025 Pricing

2025 Kia Carnival has a starting MSRP of $36,500 New Carnival Hybrid variant starts at $40,500 Refreshed MPV elevates multi-purpose appeal with hybrid power, sophisticated design enhancements…

June 24, 2024
The Bugatti Tourbillon: An Automotive Icon ‘Pour L’éternité’

Molsheim, France, 21 June 2024 – In 2004, the reborn Bugatti brand transformed the world of automotive performance and luxury with a 1,001 hp hyper…

June 21, 2024
Genesis Launches Track Taxi Nordschleife Programme at The Nürburgring

Genesis Track Taxi Nordschleife offers thrilling passenger ride on one of the world’s most complex racetracks Experience programme provides an opportunity to customers and fans…

June 21, 2024

EMAIL SIGN UP

Get the latest driving and racing news straight to your inbox.

no thanks

Begin typing your search above and press return to search.