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RE: Guess I Was Right About Tesla

Wow, I had read some really thoughtful posts signed kyriacos in the past and at some point I even wrote that "The future of Steemit follows kyriacos".
Guess I was wrong! This here is inconsistent, bitter drivel. You sound like someone who couldn't dodge cognitive dissonance: so invested in his previous thesis that you are ready to call the white color "black" just to avoid having to admit being wrong !

So you start by repeating a previous claim that Tesla is a fraud about to collapse - and by that basically box yourself into your own imaginary universe that you'll need to protect for the rest of the post through cognitive dissonance. And you set out to do just that in almost every pair of phrases:

  • Elon Musk's companies have benefitted from government subsidies (unsubstantiated claim, I thought you were better than that)
  • But it's about to collapse ... because of a poor Model 3 ? Wait a minute, if it is indeed a fraud that stayed in business until now thanks to government subsidies, then it's not a poor product that will make it collapse (or it had collapsed earlier already, since according to you it's a fraud) but the stopping of those supposed government subsidies!

Then you "reinforce" your argument by quoting ...Goldman Sachs, of all analysts! I mean, come on, how low can one fall to need the help of a statement made by the most conflicted and least trustworthy source of financial advice on Earth ?

But you don't stop there: you conflate a 40% slump in share price (to $200, not to $0.02) with imminent collapse ... pretty rich. And all that because of ... problems ramping up production of the latest model? That reminds me when Samsung went bankrupt because their newest flagship, Note 7, started catching fire and production had to be stopped! Oh, say what ? Samsung DIDN'T go bankrupt because of that ? They've brushed it off? How is that even possible? Oh, maybe because they get subsidised by the government of South Korea. Could be, but fact is, they brushed it off and are in rude health.

I'll skip some of your rambling but the ending is really fun:

  • Teslas are not even truly innovative because the electric car idea has already been adopted all over the world? Well, where's that because in Europe I can tell you that a significant proportion of the electric vehicles one sees on the streets are ... Teslas! And without having been there, I am ready to bet that your "all over the world" doesn't include either India, Africa nor South America.
  • the cherry on top is the tired claim that EV aren't really green because ... the electricity could have come from a coal-fired power plant ! That is a beauty of faulty logic and a nice fallacy. There are ways to mass produce low or zero CO2 energy (wind, solar, hydro, nuclear). If you allow coal-fired power plants to produce electricity, then the problem is the coal plants that produce, not the EV that consume the electricity.

In conclusion: I prefer to believe that "kyriacos" is not just one person but a collective of several people, some better able to think and write than others.

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again.

We will be talking. Thank you for the post btw.

oh its coming. i will keep posting updates

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https://www.cnbc.com/2017/10/25/tesla-firings-spread-across-solarcity-employees-blindsided.html

I was talking the other day with a guy here who also thinks Tesla is unsustainable and will collapse. It immediately made me think of your posts. Then I said: how come you'd say that when 80% of the EVs that I see on the streets are Teslas? He asked: what, you don't see Nissans Pulse (or is it Pulsar?) ? I said "yes, one every month maybe, while I see either a model S or a model X twice a day at least, if not more often". Or the BMW i3, he continued. I almost burst with laugh! That is a tiny car, the size of a car in the 10Keur range but which costs 50 Keur and has an autonomy of 50 km! Only thinking at it made me realize that actually Tesla has no real competitor. There is no other company able to put on the streets a significant number of cars that compete with the big sedans and SUVs from Audi, BMW and Mercedes. So let's see but as the french say, I think you'll "eat your hat" ("vous allez manger votre chapeau") :)