@wilberforce15 The Japanese have been in an economic funk since the early 90's. A major reason is the Japanese build quality products that last. They don't get as many sales as they'd like because someone buying a high end product won't need to replace it for 10-15 years. If Tesla does last as long as you say then eventually their sales will slow down. You have to have a certain amount of wealth to afford one and not all the wealthy will want one. Those who do buy are looking at 15-20 years before replacing their car and they may want to go in another direction. Repeat sales are critical to success. You keep saying exponential growth. Looks to me it's baked into the cake that eventually sales will slow. It's very much like buying an iPhone. Only so many will and to attract new buyers Apple has to come up with valid reasons to spend that much. Only a Tesla costs a heck of a lot more.
Only 5% of next car purchasers expect to buy all electric cars-Road and Track.
- Thread starter quad decade guy
- Start date
Because again, sigh, you've got a lot of wealthy liberals flush with stock market cash rushing out to get their virtue signaling on. Climate change mania. One of the things that makes Musk brilliant is he can spot a trend.
wilberforce15
Well-Known Member
The Japanese are not in a funk because they build quality crap. Holy cow. The ignorance is astounding.
Tesla has the highest brand loyalty of any repeat buyer for luxury cars, or any other cars. I have no idea what you're talking about. They have the highest customer satisfaction. It's not even close.
That's why they sell 50% more in a year where everyone else takes a hit.
Non liberal
Well-Known Member
Whatever
wilberforce15
Well-Known Member
Yeah, you know I'm right.
People keep buying Teslas and forming lines outside their door, and you think they shouldn't. Boo-hoo.
The hallmark of a successfull investor is realizing that the market matters and not him.
It's not just cars. The Japanese have a reputation for making things that last. Their economy has stagnated since the early 90's because of it. They beat themselves and they don't want to go the cheap Chinese junk route.
wilberforce15
Well-Known Member
It takes a FakeTexan to look at this comparison and believe that Tesla is the one in trouble.
And investors who are in denial get run over. Let's see how Tesla does in a depression. They haven't experienced one yet.
wilberforce15
Well-Known Member
No, their funk is from a population problem and a banking problem. Their reputation for making things that last is barely even justified. And it definitely isn't their problem.
I've already said that all car companies will be in trouble in a depression.
wilberforce15
Well-Known Member
The car industry did experience one. 13% down in a year is a major hit.
Only one maker prospered.
wilberforce15
Well-Known Member
No, only the ones with high debt and low margins and limited demand.
That's everybody except one.
wilberforce15
Well-Known Member
In a hard time, you bet on the best horse.
That's the one with the best manufacturing and the most cash, and the least debt and the highest demand.
That's Tesla.
That's the one with the best manufacturing and the most cash, and the least debt and the highest demand.
That's Tesla.
They didn't have the population problem in the 90's. And you're in denial. I spent a lot of time on the road traveling. There are still a lot of Toyotas from the 80's and 90's on the road. You don't see very many older American cars.
Who's going to afford them?
wilberforce15
Well-Known Member
They started with the banking problem, and it continued into a population problem.
You cannot possibly believe that Japan is suffering from making things too well. Holy Delusional Cow, Batman.
Non liberal
Well-Known Member
Because Tesla could make their own chips and everyone else was screwed. I understand what your saying and it’s right. What you don’t understand and @vantexan is trying to say is it’s not going to last. These tremendous sales won’t last, everyone else will catch up in the ev race no problem. The ev market will slow tremendously as precious metals get scarce here in the short term, if republicans do as well in the midterms as expected and the presidency 2 yrs later, it’s a whole new landscape. And in my opinion Tesla is on the outs looking in.
wilberforce15
Well-Known Member
They have a line of millions of people currently out their door.
And the rich do better than the poor in a depression.
So you bet on the highest-satisfaction, highest-loyalty luxury maker. That's who you bet on. That's Tesla.
wilberforce15
Well-Known Member
They can't catch up. They can't make them at all, let alone profitably. Only one can.
A republican in office would be Tesla's best bet, and Elon is voting Republican, lol.
wilberforce15
Well-Known Member
In a few years, you'll be arguing about how Tesla can't stay the world's largest automaker for long.
lol
There is no way they'll make 15 million cars again!
lol
There is no way they'll make 15 million cars again!
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