Tesla's Surprise $6,410 Price Cut Sparks a Rant From One Devotee
Comment of the Day

July 17 2019

Commentary by Eoin Treacy

Tesla's Surprise $6,410 Price Cut Sparks a Rant From One Devotee

This article by Keith Naughton and Kyle Lahucik for Bloomberg may be of interest to subscribers. Here is a section:

Musk has fielded many complaints personally -- and publicly -- on Twitter. Much like Tesla has wavered with its pricing, he’s oscillated from adamant, to apologetic, to apathetic, to argumentative. And for the chief executive officer of a company that’s sought to revolutionize car-buying, he’s offered up a perhaps unlikely excuse: Hey, other automakers are doing this, too.

 

Eoin Treacy's view

The automotive sector has not been this interesting in a century. There are multiple arguments for which view of the future will prevail. There are competing technologies and perhaps most important there are competing business models. Tesla hasn’t quite figured out what its business model is just yet and that is because autonomous driving, when it finally happens, will change everything.

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