It’s all a cycle ⭕️ every two years — now is the time to buy...

BOTrader : agree!

TeslaSmurf : Please….
How can you compare Mullen (little capital, artesanal plant, no production) or Rivian (one small plant and still far-far away from efficiency and mass production) to Tesla, which will produce more than 2 million cars next year with >30% margin.

TeslaSmurf : ALL the others struggle with efficiency and large debts, while Tesla is on the run: the distance is getting bigger, not reducing AT ALL and there is a technological abyss too.
Not-informed people think that Tesla stays still while the small (or bigger) start-up EV makers proceed by steps ? Tesla flies at rocket-speed and does not wait for the rest. NIO will be a major player in China, but not in the rest of the world, not until the second part of the decade.  In fact, the ONLY two real Tesla “competitors” on the global market will be BYD (2nd place) and Volkswagen. In particular, BYD will be a good competitor with fine numbers, excellent line-up, but 50% (a lot) less margin than Tesla on each car they sell. They will be were strong in the Asian market, but much less on “this” side of the world. Volkswagen will be in the 3rd position but well distanced from the first two as they won’t sell much on the largest market: China, and Volkswagen will struggle all the decade to archive a reasonable margin balance (they will lose money on each EV for many years to cover the unexpected costs due to the shift from ICE to EV.
In the end Tesla will remain the fastest growing-impossible to reach in terms of production technology (speed and cost of production), production numbers and margin on each car. The demand is SO high that they will have to stop accepting new orders and they won’t need to produce a smaller (minor margin) car before the “competitors” can mass-produce (about half a MILLION of a same model) their cars. And still, there won’t be enough EVs to satisfy the demand. Just check the NUMBERS, don’t credit the idea that MAGICALLY, somehow, many others will catch up in what has taken Tesla more than 15 (FIFTEEN) years to achieve and… Elon Musk, of course. WHO else has a CEO/engineer available to sleep in the factory for three years to solve the production hell of the first really mass produced EV: the model 3. Mabe Mary Barra: the “one who leads” ?
Please…

Candida OP TeslaSmurf :

Candida OP BOTrader :