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Re: TREND1 post# 2185

Thursday, 09/12/2013 9:55:05 PM

Thursday, September 12, 2013 9:55:05 PM

Post# of 86625
TREND1, I believe that price range would be affordable for the middle class. Here is my point, take Apple (APPL) for an example. For APPL to gain more market share, APPL must adapt to attract their competitors business. This means making a less expensive product, without sacrificing the product making it unattractive for the consumer. Great strategy for APPL, consumer is satisfied and the company gains more business.

Apply this same logic towards Tesla (TSLA). I believe TSLA should manufacture a less expensive product. I do believe that once TSLA gains the market share of the middle class consumers, that TSLA will really worry General Motors (GM), Toyota (TM), Nissan (NSANY), FORD (F) and others. Don't misunderstand; I believe they have great high-end sports and luxury cars. The average family looking for an electric vehicle as a grocery getter or to haul their kids around isn't looking for the car that goes 0-60 in less than 4 seconds. I'm not here to bash TSLA, it's a wonderful company. I just know if they would manufacture a more affordable vehicle, they would have other car manufactures shaking in their boots.
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