Quote:
Originally Posted by bd307
Most people would think Tesla is successful at doing it, but I differ. Just look at their profit reports. They maybe successful at brand recognition (like in 2015 and that is no longer the case for 2016), but certainly not from a business standpoint. I admire their vision though.
People are selling their Tesla after owning them for less than 12 months at a rate higher than, let's say BMW, because of their interior quality at that price range.
You pay a price for newest technology and that's what Tesla customers paid for.
|
Can you name a faster growing car company in the last 5 years? 10 years? 20 years?
What Tesla has accomplished, with extremely limited resources, is astounding. And world changing.
Yes, they haven't posted huge profits yet. That's because they're growing an entire company, from the bottom up, making things unlike anything that's been made before. Huge factories, new technologies, new platforms, new concepts.
Your thought process is exactly why so many companies are in trouble these days. Focusing on short term profits instead of long term viability and product. Investor think
