<story><title>Tesla drops 7% after Goldman Sachs says the stock is worth $180</title><url>https://techcrunch.com/2017/07/05/tesla-drops-7-after-goldman-sachs-says-the-stock-is-worth-180</url></story><parent_chain><item><author>redm</author><text>I just don&amp;#x27;t see Tesla becoming mainstream before traditional manufacturers fill the potential market opportunity.  Volvo just announced they will only produce Hybrids in the future. [1]  All the major manufacturers have hybrid programs they are bringing to the mass market.&lt;p&gt;It&amp;#x27;s not that Tesla will or won&amp;#x27;t be successful, it&amp;#x27;s just that as it succeeds, it&amp;#x27;s changing the ecosystem around it.  Traditional manufacturers offerings are becoming more and more attractive.&lt;p&gt;I think Tesla is appealing to the tech&amp;#x2F;gadget market right now.  For me, everything about Tesla cars and its buying process feels new and fresh. But..&lt;p&gt;When it comes time to buy my next car I&amp;#x27;ll probably end up going to traditional car dealerships, looking around, test driving, and picking something through a traditional channel.  It&amp;#x27;s just the path of least resistance and there&amp;#x27;s a lot more variety.&lt;p&gt;[1] &lt;a href=&quot;http:&amp;#x2F;&amp;#x2F;www.yorkdispatch.com&amp;#x2F;story&amp;#x2F;money&amp;#x2F;business&amp;#x2F;2017&amp;#x2F;07&amp;#x2F;05&amp;#x2F;volvo-make-electric-hybrid-vehicles&amp;#x2F;103446460&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;http:&amp;#x2F;&amp;#x2F;www.yorkdispatch.com&amp;#x2F;story&amp;#x2F;money&amp;#x2F;business&amp;#x2F;2017&amp;#x2F;07&amp;#x2F;05&amp;#x2F;...&lt;/a&gt;</text></item></parent_chain><comment><author>primigenus</author><text>&amp;gt; It&amp;#x27;s not that Tesla will or won&amp;#x27;t be successful, it&amp;#x27;s just that as it succeeds, it&amp;#x27;s changing the ecosystem around it.&lt;p&gt;I invested in Tesla because I wanted this to happen. For me, Tesla is not successful &lt;i&gt;unless&lt;/i&gt; it changes the ecosystem around it. If, while doing that, it goes under as a car manufacturer, but in the end changed the ecosystem for the better, that&amp;#x27;s great! Sometimes a thing only exists in order to make itself redundant.&lt;p&gt;I doubt this will happen, though. Instead, I expect it to be like the iPhone vs Android: there will continue to be a premium electric car by the people who launched the first real contender, but other companies will outscale them and eventually provide really competitive products. That&amp;#x27;s also fine. (Note that Android was a newcomer as well....)</text></comment>
<story><title>Tesla drops 7% after Goldman Sachs says the stock is worth $180</title><url>https://techcrunch.com/2017/07/05/tesla-drops-7-after-goldman-sachs-says-the-stock-is-worth-180</url></story><parent_chain><item><author>redm</author><text>I just don&amp;#x27;t see Tesla becoming mainstream before traditional manufacturers fill the potential market opportunity.  Volvo just announced they will only produce Hybrids in the future. [1]  All the major manufacturers have hybrid programs they are bringing to the mass market.&lt;p&gt;It&amp;#x27;s not that Tesla will or won&amp;#x27;t be successful, it&amp;#x27;s just that as it succeeds, it&amp;#x27;s changing the ecosystem around it.  Traditional manufacturers offerings are becoming more and more attractive.&lt;p&gt;I think Tesla is appealing to the tech&amp;#x2F;gadget market right now.  For me, everything about Tesla cars and its buying process feels new and fresh. But..&lt;p&gt;When it comes time to buy my next car I&amp;#x27;ll probably end up going to traditional car dealerships, looking around, test driving, and picking something through a traditional channel.  It&amp;#x27;s just the path of least resistance and there&amp;#x27;s a lot more variety.&lt;p&gt;[1] &lt;a href=&quot;http:&amp;#x2F;&amp;#x2F;www.yorkdispatch.com&amp;#x2F;story&amp;#x2F;money&amp;#x2F;business&amp;#x2F;2017&amp;#x2F;07&amp;#x2F;05&amp;#x2F;volvo-make-electric-hybrid-vehicles&amp;#x2F;103446460&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;http:&amp;#x2F;&amp;#x2F;www.yorkdispatch.com&amp;#x2F;story&amp;#x2F;money&amp;#x2F;business&amp;#x2F;2017&amp;#x2F;07&amp;#x2F;05&amp;#x2F;...&lt;/a&gt;</text></item></parent_chain><comment><author>HiJon89</author><text>There&amp;#x27;s good reason to believe that electric cars are the future and will soon be a massive market. I think there&amp;#x27;s also good reason to believe that Tesla has a big head start on the competition and has the opportunity to dominate this market if they execute well.&lt;p&gt;For example, just look at the battery packs which are essential to an electric car. Tesla was unable to find a supplier that could meet their requirements, so they designed and produced their own batteries and now have a $5 billion gigafactory to increase production volume and decrease costs (with more gigafactories on the way). If you&amp;#x27;re another car company trying to enter the EV market, what are your options? Buy inferior battery packs at a higher cost from a different supplier? Try to replicate Tesla&amp;#x27;s battery technology and then convince your board to build a gigafactory so you can produce them at the required volume and cost?</text></comment>