|Musk Should Be Feeling The Pressure|
- Competition Rapidly Improving
- Debt Soaring While They Burn Through Cash
- Production Problems Continue
- Quality Problems Increasing
- Service Problems Leave Customers Unhappy
- Design Beginning To Stagnate
- A Malaise Is Settling Over The Auto Sector
- High Turnover In The Executive Suite
- A Rash On Publicity Questioning Elon Musk's Mental Stability
- Possible SEC Action Again ts Musk And Tesla For Stock Manipulation
- A Series Of High Profile Crashes Have Drawn Huge Attention
- Buyer Subsidies Are Being Cut And Set To Expire
|Volkswagen May Be Sporting A Game-changer|
While only two auto manufacturers are mentioned above, other companies are pursuing similar adjustments in marketing and these major players will put Tesla's feet to the fire. Diesel-gate the Volkswagen emissions scandal, also called "emissionsgate" that began in September 2015, when the EPA issued a notice of violation of the Clean Air Act to Volkswagen has in some ways pushed forward the call for electric vehicles. The German automaker had programmed turbocharged direct injection diesel engines to activate their emissions controls only during laboratory emissions testing but further tests showed they were emitting up to 40 times more NOₓ in real-world driving. Volkswagen deployed this programming software in about eleven million cars worldwide, including 500,000 in the United States, in cars built from 2009 through 2015.
Electric Vehicles continue to make up only a small part of auto sales. however, it is estimated that over 100 different electric cars are expected to hit markets by 2025. Only weeks ago Audi unveiled the E-Tron, an all-electric crossover and just one of its two new electric cars due to hit showrooms later this year, during a big bash in Tesla's backyard. After years of looking at all-electric concepts, the German luxury brands are finally launching products to compete head to head with Tesla. Mercedes-Benz revealed its own electric crossover earlier this month, the EQC, and BMW is also showing off another Tesla-fighting concept model. Audi's first fully electric auto will be made in Brussels and will arrive in the U.S. during the second quarter of 2019. It is important to note that all these companies will highlight styling and have no plans to take a backseat to Tesla.
History shows the automobile sector is an area where many have failed and promising investors a carrot in the future will only take Musk so far. One great example was the Delorean. I have become predisposed to discount, and have actually grown a massive aversion to "media hype", this is one reason you should color me skeptical. The city where I live, like other cities across the world, has a long list of bold men herald and declared to be "gods gift to business," many in the end flew too close to the sun only to crash and burn. Elon Musk appears to be struggling and the ramped up competition translates into Tesla getting little relief as both its stock price and bonds feel the heat of those many investors that are growing more skeptical of the company's ability to weather the coming storm.
Footnote; The first link below takes you to a negative overview of the company and the second is put out by a "rouge" mechanic that puts salvaged Teslas back together. Both YouTube pieces merits watching.