jelloslug
Active Member
It’s highly unlikely that Tesla would want to be burdened with the baggage of a legacy automaker. The facilities and equipment for the existing lines are virtually worthless for a new car and the burden existing products are just a money drain.Slowing down now may actually be key to building millions of cars faster. If 3 quarters of profits & being added to the S&P 500 cause a significant bump for their market cap (say, $80-100B), it becomes much easier to buy one of the legacy automakers.
Purchasing a legacy automaker would get Tesla massive production capacity & a substantial amount of cash (more than $10 billion in most cases). ICE production lines could be converted to EV production lines as fast as Tesla can build out battery capacity.