First of all, I understand I may be beating a dead horse here, so I apologize. I also know Tesla is a highly polarizing stock to discuss. I have made money and lost money on Tesla in the past and I am currently trying to be as non-bias as possible and want to ensure I am understanding correctly.
As everyone knows, Tesla is priced at a dramatically higher price than it's competitors, with many saying it is all due to hype (which very well could be possible). From my understanding, although Tesla is involved in solar to some capacity, around 90+% of Tesla revenue comes from vehicle sales (I believe the number is 93% vehicle sales).
I do understand that Tesla was essentially "the first" big name in electric vehicles, giving them a first mover advantage. Anecdotally, I see an insane number of them on the road compared to any other EV. However, most auto makers are moving into the EV space. Based on online reviews I have read, other automakers vehicles are more reliable and better in a lot of areas comparatively to Tesla.
Additionally, I have heard of Tesla having long standing quality control issues. To my knowledge, the model 3 is the most affordable electric EV with the technology currently available, but even that has some issues, such as "full self driving" not really being full self driving and most competitors having similar systems that can do most of what the FSD can do.
I do find Tesla as a whole very fascinating (if anything, as a case study of how quick a company can grow and to the level it has). In a way, I really want Tesla to win and be this awesome, futuristic if you will, vehicle unlike anything we have seen. I was a Tesla bull for a long time, but recently have been thinking deeper into this and now trying be as unbiased as possible. I have learned more about competitors and pushes further doubts into my mind. I have heard really terrific things about the Mach E Mustang for example, with it beating Tesla in several categories, just as one example here.
With that said, what is the unbiased bull and bear case for Tesla? What is a genuine reason it can be priced so much higher than it's competitors outside of hype, or is it just that, hype? Is the first mover advantage just being displayed to an insane level and it will surely not last? I'm extremely curious as to everyone's opinions and what you have to say! Thank you in advance.
[link] [comments] https://www.reddit.com/r/stocks/comments/13a66ka/tesla_vs_competition/
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