Electric cars: If Sir James Dyson can't do it, what’s ‘paper billionaire’ Elon Musk hoping for? What the author completely ignores: a. Dyson vacuums cost more than competitors because it's a better product. Dyson can't make a better EV so they can't charge premium prices like Tesla can. b. Dyson had success in making household vacuums but finds making ev's challenging. Musk also has some prior/current work experience to draw on, like launching rockets... at the same time.
Why even post such a useless, one-sided, factless opinion piece? Not worth anyone's time to even click on IMO.
Is Tesla still charging a premium over other EVs? The Model 3 and Y cost a bit more than comparable ICE, but they are much cheaper than comparable EVs. Starting a car company in the modern world is very tough. Tesla threaded the needle and beat the odds. Other companies are finding it very tough to get off the ground. Apple and Dyson had deep pockets, but both failed to get very far. I think LG is working on an EV, but they secretly learned the ropes by teaming with GM on the Bolt. They also have more experience bending metal than Dyson or Apple did. The only car start ups to make it since WW II started with a home growth market, then expanded to developing countries first. That's how Hyudai made it, and it's how the Chinese start ups that may make it are doing it. In the developed world, there is no growing demand for cars. Most new car sales are replacing older cars and there is a robust used market. The average age of cars on US roads is 12 years. A new car company is trying to break into a crowded market with no growth. There is low tolerance among consumers for mistakes new companies are going to make. In a growth market, consumers are more tolerant of bugs because demand is outstripping supply and consumers can't afford to be too picky. That gives a new comer a chance to make mistakes and survive.
Gotta agree: oil magnate and dictator Putin-backed propaganda outlet Russia Today (RT) is the last place I would ever seek out for anything ever, including to get worthwhile insights on electric cars.
Especially given that a huge percentage of Russia GDP/income is derived from fossil fuels, with little or no plan to get away from them.
The most FUDdy thing about this is the headline; there's almost no content, so don't bother clicking. Tesla No Longer Even A Growth Company; Going Bankrupt: Shortseller