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This is a huge milestone for Tesla.
The contrast to legacy carmakers continues. While I’ll most likely end up with an ID.4, I’m a Long term investor in Tesla and have huge admiration for what they’ve achieved and their vision. However Their cars just don’t do it for me personally and I’ll take the id4 over the model y any day unless the y suddenly ramps up its range and lowers its price substantially and even then I’d still like the Id4’s styling and features over the Y. But I still wonder how companies like VW and others will do long term. VW has the most debt of any carmaker for example right now.
www.carscoops.com
Tesla on the other hand is showing increased profits quarter by quarter, reaching economies of scale, expanding and ramping up production across the world, becoming more and more vertically integrated and achieving its goals of innovative new in vehicle software and monetizing the software revenue stream, and innovating on battery and range. They seem to have every angle covered.
Can legacy automakers even compete with Tesla and survive?
The contrast to legacy carmakers continues. While I’ll most likely end up with an ID.4, I’m a Long term investor in Tesla and have huge admiration for what they’ve achieved and their vision. However Their cars just don’t do it for me personally and I’ll take the id4 over the model y any day unless the y suddenly ramps up its range and lowers its price substantially and even then I’d still like the Id4’s styling and features over the Y. But I still wonder how companies like VW and others will do long term. VW has the most debt of any carmaker for example right now.

VW Becomes The World's Most Indebted Company, Owes More Than South Africa! | Carscoops
Five of the 10 most indebted companies in the world are car manufacturers.

Tesla on the other hand is showing increased profits quarter by quarter, reaching economies of scale, expanding and ramping up production across the world, becoming more and more vertically integrated and achieving its goals of innovative new in vehicle software and monetizing the software revenue stream, and innovating on battery and range. They seem to have every angle covered.
Can legacy automakers even compete with Tesla and survive?