Your post reminded me of this
Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
For all competition, we can only judge the product when cars are rolling out of factory gates...
It isn't just "show me the money"
- Show me the cars
- Show me the batteries
- Show me the factories
- Tell me the price, range and performance
- Show me the charging options
it is hard to build a better car than a Tesla, and it is hard to build a good car that is cheaper than a Tesla.
But Tesla will have competition, if Apple are serious, they could be a competitor, but they need engineers and factories.
If they are just supplying software and components, they are a component maker.
A component maker is only as successful as their car making partners.
powertoold
Active Member
Elon has stressed this time and time again. You can't simply solve difficult problems by throwing money at them.
Chunky Jr.
Supporting Member
I’m a huge Apple fan yet I’m super skeptical they would make a car. I don’t see them wanting to build out a service network or deal with manufacturing. I think they just want to make a pure software play so that Google doesn’t end up owning the center console with maps, fsd, audio,etc
Knightshade
Well-Known Member
This.
Apple is not a manufacturing company- they are a design company who pays low wages to Chinese manufacturing to build their designs.
That said, they do have like 200 billion dollars in cash sitting around, I guess they could just buy BYD or something for like 1/3rd of their cash on hand if they needed an EV company.
Even then a 100k Model S/Lucid Air type vehicle seems more Apples brand than a Model 3 competitor.... looking at the phone space (or even the PC space before that) they seem perfectly happy to maintain a smaller market share with massive net profit margins.
Phil Seastrand
Member
Hawaii’s first Supercharger is finally here!!!
P.S. if you’ve got any concerns about the location (you’re probably not the only one), there’s a thread here to discuss it: Supercharger - Lanaʻi City, HI
P.S. if you’ve got any concerns about the location (you’re probably not the only one), there’s a thread here to discuss it: Supercharger - Lanaʻi City, HI
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mltv
Member
Is this Larry Elisson address?
The only thing they have right now is the M1 chip and some battery experience.
I do agree with you that they have a long road to travel to come at the level of Tesla but if they have been recruiting Tesla engineers for a while and working on project Titan for almost a decade, I would consider Apple having greater chance to succeed than Toyota, GM, Ford or Fiat Chrysler at being a number 2 EV manufacturer in 10 years.
I would just not underestimate them like other Car manufacturer underestimated Tesla till it was too late.
However, Tesla is innovating at an increasing rate to it is not of importance for Tesla, just for other OEMs.
I am talking of a potential 2nd to Tesla. Not first, ever.
jhm
Well-Known Member
Not sure the Covid relief bill will help much. $600 doesn't even cover a share of Tesla.
Should a least be enough to cover a share of Google.
Should a least be enough to cover a share of Google.
That was my first thought when I read the news.
Good thing that Schwab has started selling "slices" of TSLA shares.
Do not underestimate how the $600 stimulus check will affect the stock price. See below for proof.
https://twitter.com/parikpatelcfa/status/1341030141468786698?s=12
TheTalkingMule
Distributed Energy Enthusiast
They don't know how to make batteries or cars, so...........
StealthP3D
Well-Known Member
Apparently,
Andrew Left from Citron has initiated a small short position in $TSLA. Boy...watching this was painful, it sounded like a real life 'Boiler Room' stock seller.
Zer0esTV: Video channel for short sellers - Video channel for short sellers
$TSLA discussion begins at 32 min. He does have some nice things to say about Elon though
And some not so educated things to say. They were actually laughing that TSLA market cap was twice that of DIS because everyone has some Disney in their life, not everyone has Tesla! WoW!
Must be long oil too, everyone's got some of that in their life, LOL!
Prunesquallor
His cardinal virtue? An undamaged brain.
Wait, Lana'i??? There's nothing on Lana'i but a golf course! So this is to recharge the Teslas taking millionaires from the clubhouse to the tee box?
StealthP3D
Well-Known Member
Depending upon how CRSP's technology develops, and whether you have good or bad luck with your health, you might not be able to do ANYTHING anymore without CRSP!
Wait, people are actually taking these “Apple Car” rumors seriously?
Let me get this straight. People think Apple, a company which outsources manufacturing of every single thing they sell to 3rd parties and only sells things they can make a 90% margin on, is going to enter an industry where margins are more like 1% and they have to build and own massive complicated factories in order to produce products?
I’m sorry, I don’t know what it is people are smoking but it must be the good s**t because I want some. The very idea that Apple would enter an industry like automobiles is absolutely bats**t insane in terms of how ludicrous it is. It’s literally 100% the exact opposite of the kind of company Apple is.
Despite years of rumors, Apple ended up not even wanting to enter the TV business which is relatively close to the smartphone and computer businesses but with much lower margins. Why would they ever want to do something as risky and 100% guaranteed to fail if you aren’t a genius on the level of Elon Musk like start building and selling cars?
Let me get this straight. People think Apple, a company which outsources manufacturing of every single thing they sell to 3rd parties and only sells things they can make a 90% margin on, is going to enter an industry where margins are more like 1% and they have to build and own massive complicated factories in order to produce products?
I’m sorry, I don’t know what it is people are smoking but it must be the good s**t because I want some. The very idea that Apple would enter an industry like automobiles is absolutely bats**t insane in terms of how ludicrous it is. It’s literally 100% the exact opposite of the kind of company Apple is.
Despite years of rumors, Apple ended up not even wanting to enter the TV business which is relatively close to the smartphone and computer businesses but with much lower margins. Why would they ever want to do something as risky and 100% guaranteed to fail if you aren’t a genius on the level of Elon Musk like start building and selling cars?
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