Post
Topic
Board Economics
Re: The Downfall of TSLA
by
TheGreatPython
on 26/05/2021, 18:41:59 UTC
Tesla unveiled plans to design and build revolutionary new battery technology for 2022.
Good to learn something new. The recent hate and negative talks around Tesla have almost nothing to do with their technology as much as it has to do with their CEO, Elon Musk. We all know how his involvement in the crypto has always been speculated and till it was good and profitable for people they even claimed that Tesla's shares are underpriced but because of the downfall in crypto, some are even claiming tesla will shut down.

They claim gains of 5 times the energy, 18% gains in range and 6 times the power. Not to mention gains in manufacturing efficiency and lower cost production.

They plan to license this technology to other automakers in the future. The way that nintendo licensed old cartridge technology over existing technology like CDs/DVDs to earn an extra profit.
That would be a great achievement actually not just for the cost of production lowered but having more manufactures means there would be more cars with the same superior technology.