Tesla Investor Day
mark94
Arizona
Thursday, March 2, 2023 4:14 AM
I watched most of today’s presentation. What struck me most was how well Tesla is using its first mover advantage. They are years ahead of everyone in terms of product design and manufacturing efficiency. They have a huge profit margin and are using that cash flow to increase production while lowering their cost. Unless they make a huge misstep, no one will catch them. They plan to increase production from 2 million units to 20 million within a few years. That won’t leave any room for competitors.
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