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The End of Tesla – In Pictures!

Image Copyright ©2018 Stephen J. Lutz Instagram @ZONYphotos

Our Millenial Youth weren’t getting Tesla buzz cuts on race day at Lime Rock Park. BMW Coolness Factor. Real, no vapor.

The carnival barker who proclaimed the death of the automobile industry is about to get brushed aside by those he so brashly dismissed back when Tesla was really the only game in town besides the spectacular fail of the 1st-gen Nissan Leaf.

Oh it will be a Day Trader’s Delight for a little while longer. But it is the rube stuck on the Model 3 waiting list who was expecting his new toy in February who will be the first to bail as BMW and Daimler Benz (and Honda, and GM, and more!) are rolling out some serious and cooler-than-Tesla hardware at the car shows this winter.

BMW alone is on fire. Daimler has announced $Billions are being invested in EV and Battery Plants in the southern US.

Tesla has lost the mantle of Most Cool EV’s that it had as it’s Ace in the hole for years. Reality in the form of solvent, behemoth multinational corporations with unlimited production capabilities has aarrived.

BEHOLD:

Broadside. Unleashed.

 

Honda also unveiled a very hot item, a luxury vehicle aimed straight at the Tesla Model S clientele.

Seems like everyone is getting into the act. There is a lot of money to be made over the next two decades and beyond. That money will not be made in the form of the horrendous Tesla Model X. Nobody is going to shave their head in honor of that beast.

…and speaking of money, or lack thereof…UNSUSTAINABLE:

$TSLA – on track to lose in one quarter what Solyndra lost in it’s lifetime. Perhaps Elon Musk can go to D.C., hat in hand, and ask The Donald for a small cash infusion. I am sure the President won’t mind, especially after Musk single-handedly destroyed Trump’s technology commission when he noisily left in a huff to protest Trump’s climate policy.

 After all, Trump is not known to hold a grudge or to bring up past issues when discussing a Deal.

Which brings us to the Moral of today’s story: Don’t bite the hand that feeds you. Good luck, Mr. Musk. You do make a fine rocket ship. Although now that President Trump has indicated some robust increases in the NASA budget, something tells me you may have lost Most Favored Status amongst potential NASA partners. Cheers, mate!

 

 

 

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10 comments

  1. Cricket

    Beyond Tesla, Musk’s saving grace is his relationship with the MIC. Especially SpaceX.

    And he might get lucky with his Hyperloop and Trump’s infrastructure ambitions. Still to early to write him off, in my view.

    But I agree his prospects are diminishing.

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    • The Maven

      He will need more than luck in his Quest to dig tunnels under LA. And about that SpaceX…I understand one of their rocketed ships crashed and burned with a very expensive and very top-secret payload. Never good for attracting new customers.

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  2. sarcrilege

    ..but but but, not day trading; core holdings
    https://tinyurl.com/y7pfphyd

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  3. sierra water

    I couldn’t disagree more.. Tesla has a “Steve Jobs” following. The i8 is fun too drive, but that’s it.. looks like a toy on the road The others are still posing. The X5 is one problem after the next, have owned two. The Model 3 will be everywhere and I mean everywhere in 3 years.

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    • vale

      Yup, also where are the BMW Daimler Benz and Honda, and GM fast charging stations?

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    • The Maven

      Good luck. Oh and my X3 has gone 90000 Mike’s since 2011 without one…read ONE…malfunction. As for charging stations, they are popping up all over the place. I understand it will no longer be free to Model S owners, however. And remember, again, that with The Donald at the helm, all that free government money could dry up in a heartbeat if Musk doesn’t stop vying with DeNiro to be the thorn in Trump’s side.

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  4. vale

    Elon has done what other said it was “impossible” and laughed at him for even trying. Land a fucking rocket on a moving platform on the Atlantic! Make an electric car the best car on the planet! Even if he were to fail (which I doubt) he showed the world what one can accomplish with ingenuity and dedication.

    Go get some crude oil, ship it across the planet, refine it, ship it across the country, pump it in your car so you can drive to fucking dunkin doughnuts, which is apparently what America runs on.

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    • sarcrilege

      El Musky is a welfare queen. On top of being a promoter. If it were not for taxpayer subsidies none of his utopian ideas would ever take off for a simple reason – free markets. His dumbshit, “larger footprint than IC engine” e-cars would never be economical. It’s the fatwa on IC engines issued by the marxist apparatchiks at EPA and massive taxpayer subsidies and handouts that enabled this Tesla abomination.

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    • The Maven

      Congrats, Vale. I have a bridge in Brooklyn for sale…cheap!

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  5. vale

    To Each His own

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