Andrew Walker: Hello and welcome to Yet Another Value Podcast. I'm your host, Andrew Walker, and if you'd like, this podcast would mean a lot. If you could follow, rate, subscribe, review wherever you're watching or listening to it. With me today I'm happy to have Jay Van Sciver. Jay is the head of Industrials and Materials. If I remember correctly, you can't forget Materials at Hedgeye. Jay, how's it going?
I had a hard look at the EVs available, and the reality is as of late April 2023, the Tesla cars are simply a lot better than the rest. Maybe this will not be true in 2030 or 2028, but when people say there are true competing alternatives, I'm afraid they tarnish their credibility somewhat. The one exception is perhaps the Rivian SUV, but it's only available in limited numbers and it's a bit scary buying from an OEM with a questionable financial future.
Why hasn’t Tesla refreshed the models? Is it possible that it’s really hard to change the giga factories to change the design or appearance of the cars?
I had a hard look at the EVs available, and the reality is as of late April 2023, the Tesla cars are simply a lot better than the rest. Maybe this will not be true in 2030 or 2028, but when people say there are true competing alternatives, I'm afraid they tarnish their credibility somewhat. The one exception is perhaps the Rivian SUV, but it's only available in limited numbers and it's a bit scary buying from an OEM with a questionable financial future.
Why hasn’t Tesla refreshed the models? Is it possible that it’s really hard to change the giga factories to change the design or appearance of the cars?
I have done zero research. Just wondering.
Thanks for the thought provoking commentary on VW and Porsche!