Jeffrey Levine
\nSaid, “there is 0 chance they will get 30% of the market. At 10% they would be most successful with their margins.”<\/p>\n
Tesla has stated that their business is not to prevent other car makers from competing; they want to get rid of ICEVs.<\/p>\n
But Tesla is so far ahead of the others and is going so fast that it will be very difficult for others to catch them.<\/p>\n
The big question is what happens when Tesla (or other car makers) reaches full level 5 autonomous vehicles. The prediction is that the autonomous ride hailing business will use the cars that sit parked and unused for 95% of the time to do what Uber and Lyft do: make money for the car owner. And that will mean that there will no longer be the need for 70% of the cars on the road. This will be a huge loss for car makers including Tesla but Tesla has the energy business to make enough money to succeed.<\/p>\n
Will the other auto makers – that depend solely on autos – lose so much money that they will go out of business? Or will they merge and consolidate to keep afloat in a dwindling market? If this occurs there will very likely be a lot fewer car makers in a much smaller market, with more than one having greater than 10% share of a smaller market.<\/p>\n","protected":false},"excerpt":{"rendered":"
Jeffrey Levine Said, “there is 0 chance they will get 30% of the market. At 10% they would be most successful with their margins.” Tesla has stated that their business is not to prevent other car makers from competing; they want to get rid of ICEVs. But Tesla is so far ahead of the others <\/p>\n (Read More…)<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,720,805,1078],"tags":[807,1289,489],"class_list":["post-16466","post","type-post","status-publish","format-standard","hentry","category-automobile","category-business","category-electric-vehicles","category-industry","tag-autonomous-ride-hailing","tag-market-share","tag-tesla"],"_links":{"self":[{"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/16466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16466"}],"version-history":[{"count":2,"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/16466\/revisions"}],"predecessor-version":[{"id":16468,"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/16466\/revisions\/16468"}],"wp:attachment":[{"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}