I’m still bearish on Tesla. I think there’s still serious growth.
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FT:
Mr Musk “is challenging Germany’s automakers to a duel right in front of their own castle gate,” said Jan Burgard, partner at Berylls Strategy Advisors and a former manager at carmaker Audi. “You have to respect the guy, he really is fearless.”
Some were surprised that Mr Musk had chosen to locate the facility in Brandenburg, the state surrounding Berlin, which does not have a carmaking tradition. It is hundreds of miles from Baden-Württemberg, home to Daimler, Bosch and Porsche, and from Wolfsburg, the town in Lower Saxony where Volkswagen is headquartered.
German companies have been galvanised by Tesla’s example. Battered by the diesel scandal, VW plans to invest €44bn in electric cars, autonomous driving, mobility services and the digital retooling of its factories over the next five years, and says it will produce more than 22 million battery-powered cars by 2028.
This momentous switch is being driven by tough EU emissions regulations which will be phased in from 2020 and have clouded the combustion engine’s future. German government policy is also a factor. Berlin recently increased subsidies for electric vehicles and pledged to install 50,000 new charging points across Germany over the next two years. The government says it wants as many as 10 million electric cars on German roads by 2030 — up from 220,000 now.
This transition will cause huge disruption in Germany. In a foretaste of the ructions to come, Daimler warned on Thursday that it would slash €1.4bn in personnel costs and 10 per cent of managers worldwide. Germany narrowly avoided a technical recession in the third quarter, and many economists have blamed the strain the car companies are going through as they shift to an electric future for the downturn.
Source - Tesla’s Berlin plant sets up ‘duel’ with German carmakers
So I went and test drove a model 3 performance today ahead of buying one early next year.
OH MY GOD. The acceleration is like a white knuckle rollercoaster. I had it for an hour driving about and I was literally shaking when I got out from the pace, it’s like nothing I’ve ever driven before.
Highly recommend you give it a whirl of you get chance.
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Tesla Cybertruck 2077.
Ugly as fuck. Doesn’t actually look like there’s much “truck” space, but I don’t know my trucks.
Unconvinced it will launch looking like this. All of Tesla’s other vehicles, including the Semi, are all curves. The truck’s angular features were inspired by cars like the Lotus Esprit. But what works on sports cars does not work on trucks, or for the boring people who buy trucks. Why not Cyberroadster instead?
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It looks like something from a low budget 1980’s sci fi film. I’m sure it won’t actually look like that. If it does it will be a massive flop
It looks like the warthog from Halo to be fair 
It’s certainly a acquired tasted, also it doesn’t look like a civilian use vehicle.
Kind of irresponsible of them to demo the “armoured glass”. I can easily imagine people testing those claims when they see the truck in real-life. That sunken feeling when you come outside to your futuristic truck with the spiderweb glass. I wonder if Tesla show rooms will let you expend your rage on the demo trucks.
I guess they cut their design budget to $0
It’s a question of taste. Time will tell. Look at the sales of G-class from Mercedes 
I love them!!! There is 3 classes of the new Tesla “truck” I did her late on today
Is that a rhetorical question?
No. Just because there is no such thing as an objective intrinsic value. Or do you mean book value?
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I’ve gone full bear in Tesla and have reserved a cyber truck! I might have drunk the cool aid but it’ll be a wild ride!
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Good watch on a guy that repairs Teslas.
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Our insurers at work we’re being really weird about us getting Tesla’s as a fleet car. They stated that this “repairing only by Tesla” is a key issue and thus it was £1500 a car to insure.
I still don’t understand how they got to that figure!
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Is Tesla currently a good buy or worth waiting a few weeks?
I feel like I might be a few months late… or are they going to keep climbing…?
Still risky but I keep holding.
Learntoinvest has a decent video on Tesla, it’s a little old but the same principles apply:
