Novel intellectual property is a “good visiting card” for investors, says Pedro Pacheco of Gartner, a consultancy. But it is not enough to stick big touchscreens onto a standard electric power train, as many of the Chinese Tesla copycats are doing. The over-the-air software updates, propri...
But if some Chinese startup that expects to sell 10,000 cars wants to do the same research, it needs to charge at least $100,000 extra for that car just to earn back its research costs. Indeed, Tesla CEO Elon Musk in an interview basically agreed with me that to make a compelling m...
side, wealthier Chinese are not as flamboyant as they once were. This is good news for the stealthy luxury of Volvos. Politically, being owned (at the moment) by a Chinese-based firm provides huge advantages in being able to operate and sell cars profitably in the heavily-regulated country...
hiring industry veterans and selecting distributors with extensive local knowledge as they laid the groundwork to take on Tesla and legacy automakers, the sources said. BYD and Chery have already announced plans to manufacture cars in Europe. ...
) all offer double the profit margins, faster production times, less regulation, and fewer unionized workforces. Building cars is dumb. Car companies make billions of dollars in profits because they sell so many cars, not because each car is so profitable. And therein lies the rub for Tesla...
Still, many American brands persisted with the rock 'n' roll and superlatives. Their ads featured big red boxing gloves and tiger skins stretched over Pontiac hoods. This was the age of the muscle car, goddammit, and who were those Europeans with their funny little cars, anyway? And so th...
Not only did Elon Musk respond to an individual complaint on Twitter, but he sent a reminder to Tesla stores that customer experience is important. This is not an isolated incident. He’s known for personally engaging with his customers. Tesla has a mission that’s bigger than just cars ...
“I’ve thought for years that, as soon as the legacy manufacturers get into the EV game, that was going to be Tesla’s problem,” Clarke says. “When Tesla was selling 50,000 to 100,000 cars a year, that was not worth it for the legacy brands. It wasn’t worth their time and...
Kamala Harris is hoping to win on her vibe. Which leads to this reach-out to quite a few of her likely voters. I don’t want to take this column into X-rated territory, but the Chinese sell many vibes in this country. Including “smart vibes” that track the use and response of fe...
Most successful stocks, such as Microsoft (MSFT), Meta (META), formerly Facebook, and Tesla (TSLA), all first listed their shares on the NYSE or Nasdaq with prices above $10. Can Investors Short Sell OTC Stocks? Although short selling is allowed on securities traded over-the-counter, it...