This is the big thing about Tesla that people don't understand - Yahoo Finance
As usual, Yahoo reaches new depths of shallow journalism. This quote from the article illustrates how the writer got it wrong:
"Bottom line: Tesla builds cars ... on an assembly line ... and then delivers them to customers. They're fast and networked and everyone loves them. But the business model ultimately isn't that different from what Henry Ford cooked up for the Model T."
Wrong. In fact Tesla is an energy storage and management company that has started out building cars, fantastic cars and Tesla will continue to build more and more of the , but is now branching out into building batteries for a variety of purposes. That business is likely to become much larger than the Tesla car business, which is why Tesla has already decided to expand their enormous Nevada battery factory and make it even more staggeringly enormous.
As usual, Yahoo reaches new depths of shallow journalism. This quote from the article illustrates how the writer got it wrong:
"Bottom line: Tesla builds cars ... on an assembly line ... and then delivers them to customers. They're fast and networked and everyone loves them. But the business model ultimately isn't that different from what Henry Ford cooked up for the Model T."
Wrong. In fact Tesla is an energy storage and management company that has started out building cars, fantastic cars and Tesla will continue to build more and more of the , but is now branching out into building batteries for a variety of purposes. That business is likely to become much larger than the Tesla car business, which is why Tesla has already decided to expand their enormous Nevada battery factory and make it even more staggeringly enormous.