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Discussion in 'TSLA Investor Discussions' started by DaveT, Nov 4, 2013.
Pretty much a risk for every company at any time if it happens.
And an opportunity for Tesla, if factories become available on the cheap and Tesla is prepared. My guess is that Tesla is currently considering Lordstown for the Model Y. Musk has been hedging his bets publicly on where that will be produced.
Unless the recession is due, partly at least, by the transition to EVs: people delaying car purchases so as to replace their current ICE vehicles with affordable EVs. In that case, the rest of the auto industry will suffer (and the economy in general), while EVs sales will soar, making a nice virtuous circle for Tesla.
In a recession, people move toward more fuel-efficient cars with lower operating costs. So, in a world of perfect awareness, that would give Tesla a growing share of a shrinking automotive pie, keeping sales flat or even growing.
Of course, we don’t live in a world of perfect awareness, so it’s harder to say what will happen rather than what should happen.
I have been concerned about that for a while. Though the nature of the recession will effect Tesla differently.
I doubt Tesla will takeover Lordstown. That's a union shop and Tesla can't take it over without retaining the UAW by Ohio state law.
It depends on the nature of the recession. If there is something that sends oil prices skyrocketing (like a war in the Middle East that disrupts oil supplies), people will flock to electric cars, but if the economy downturns with little change in oil prices, or a decrease, it may have little impact on electric cars.
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