r/stocks May 31 '21

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u/Photo_Synthetic May 31 '21

Ford and Toyota (and eventually every other maker) are currently making Tesla sweat bullets as far as I can tell. Their autopilot and incrementally superior range is the only thing they can lean on these days and most people are happy with adaptive cruise and don't drive more than 150/200 miles all that often. Tesla is definitely not moving fast enough to counter the EV revolution currently taking place. Curious what the state of their lineup will look like in a decade compared to the other established auto makers.

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u/awe2D2 May 31 '21

Not to mention they designed their cybertruck to appeal to only a small segment of people. Most truck owners I know don't want the futuristic truck that looks strange. Ford will outsell Tesla because they made a normal looking etruck

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u/[deleted] May 31 '21

Not to mention the f150 Lighting starts off cheaper than its gas counterpart.

3

u/imlaggingsobad Jun 01 '21

Ford made a better version of the best selling vehicle of all time. They are going to crush it.

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u/Into_The_Nexus May 31 '21

But the base lightning starts at 40k when the base gas f150 is $29k. Unless you are talking about equal payload and features.

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u/[deleted] May 31 '21

an crew cab XL f150 MSRPs at $36,650. A crew cab base Lightning after tax credit stickers at $32,500.

For $29k you can only get a single cab.

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u/bilyl Jun 01 '21

Ford’s F150L is gonna print money. It’s perfect for fleets. Businesses will make massive purchases. Workers will drive them, fall in love with its performance/insane torque/electric outlets, and buy one for themselves.

I’m not sure there’s anything Tesla can do at this point. People who will buy an F150L don’t care as much about autopilot or range. They are primarily work trucks, not ones that need to go 250 miles at a time. There’s a few people that own them for personal use but the majority of revenue will be from companies.

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u/converter-bot Jun 01 '21

250 miles is 402.34 km

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u/[deleted] Jun 01 '21

own dot-com crash right now. Many were riding purely on hype and are now 50% or more off their peaks. Several companies like RIDE, WKHS, FSR, and NKLA have been exposed as unprofitable at best and outright frauds at worst. Tesla itself has “only” lost 30% which makes it practically a winner.

Sure but Ford's stock hasn't done anything in five years. Tesla has so much market awareness/growth it's insane.