BYD is going to win this race unless Tesla introduces new car models. BYD is a better investment too. The stock is up almost 300% in the last 5 years while Tesla is up 140%.

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bzzzt a day ago | parent | next [-]

> BYD is going to win this race unless Tesla introduces new car models.

I don't think new car models are Tesla's biggest problem. The biggest damage is done by Elon himself with his stupid nazi gesture. If he had no idea joking about nazis would make him unpopular in the EU where WWII still has deep traces he's an idiot. Any CEO in the EU would be forced by the board to publicly apologise for that kind of behaviour and by refusing to do so he remains a walking insult to EU history. The US exiting it's role as world leader and a stable partner of the EU also doesn't help but it's mostly about Musk.

Although BYD seems best positioned to scale up production they will have to compete with other Chinese manufacturers like Geely (Volvo, Lynk, Zeekr, Polestar) that are already quite popular in the EU. And even Volkswagen and Stellantis seem to have their EV stories on the rails now.

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rsynnott 2 days ago | parent | prev | next [-]

"Winning this race" doesn't even really make sense (and it's a fundamental error that a lot of people made in thinking about Tesla, hence the silly valuation). They're just cars. There always have been and always will be a bunch of car manufacturers.

People get very excited about BYD drawing ahead of Tesla in Europe, but VW AG still sells more BEVs in Europe than either. (This is of course a less interesting media narrative in that VW has been around forever, so it tends to be framed as a Tesla vs BYD thing, but really this is a bit silly.

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bmitc 2 days ago | parent | prev [-]

> unless Tesla introduces new car models

Tesla hasn't been able to efficiently and effectively do that ever since their first model. They lack no ability to even rev their existing models. And they've only seemingly gotten worse at it over time.

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thejazzman 2 days ago | parent | next [-]

i'm not defending tesla, but they released 4 hits in a row once-upon-a-time. the Y was their 4th model, unless you're saying that was the successful one? you might be right idk.

ps you threw in a double negative that actually flattered them

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AlotOfReading 2 days ago | parent | prev [-]

Tesla probably has more revs than any other major manufacturer. They constantly tinker with production and ship changes immediately rather than deferring them into a traditional rev. There's even been cases where they just bodge a fix with home depot scraps for a few dozen cars and turned them over to customers in that state.

Their change management systems are legitimately impressive to handle what seems to be a complete dumpster fire from the outside.

	▲	bzzzt 2 days ago \| parent \| next [-]
		> Tesla probably has more revs than any other major manufacturer. But a brand new Model 3 still looks very much like the first Model 3. Most manufacturers rebuild a model every 7-8 years. I certainly hope they've grown beyond 'bodging a fix' now.
	▲	bmitc a day ago \| parent \| prev \| next [-]
		> Tesla probably has more revs than any other major manufacturer. Not even remotely. There's two things. When it comes to software, other manufacturers essentially ship complete and tested software. Of course there are firmware updates every now and then, but they're rare and treated like a big deal and a recall. Tesla is just constantly pushing out beta software to their cars. So having more revs in that case isn't even close to a good thing. When it comes to the wholistic model revs, they are worlds away from other manufacturers. For example, both Kia and Hyundai have almost as many EV models as Tesla in a quarter of the time while also having dozens of various hybrid and ICE models across several different markets. And they rev these models every year and have major redesigns every few to five years or so. And their quality and reliability are leaps and bounds above Tesla models. Every single model of Teslas has remained unchanged in the body style and overall construction since they were introduced, which is over a decade for two models.
	▲	ndsipa_pomu a day ago \| parent \| prev [-]
		That sounds to me like they don't have a comprehensive change management system and are just running around fighting fires to fix poor designs/manufacturing.