‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald

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‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald

Yahoo Finance2021-05-26

Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...

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tkj
·2021-05-27
It is a given, there is no way Tesla is going to dominate the market in the long term. The big and famous boys will be in with full force, Mercs, BMWs with established branding. Competition will heat up
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- WX86:
  Lol... there's BMW solar and Mercedes powerwalls?
  2021-05-28
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- CHENBL:
  DONKEY!!!
  2021-06-08
  Reply
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- etf29:
  tesla is more than EV. they are selling energy storage and SaaS (autopilot) to other automakers, e.g. toyota. future is bright baby!
  2021-06-08
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GiselleC
·2021-05-27
Pls like n comment thanks. Always follow Elon tweet!
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JCai
·2021-05-27
Like and comment pls
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Acella
·2021-05-27
Good?
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7
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- Acella:
  ?
  2021-05-29
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- Acella:
  ?
  2021-05-29
  Reply
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- Acella:
  ?
  2021-05-28
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TerenceD
·2021-05-27
That’s ??
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1
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nananan
·2021-05-27
At least 20% of total market in 20 years.Tesla has always been supply constrainted, even before the pandamic. That is the only reason why the number isnt higher now.Greenwald is a fool, every other automakers share their profits with distributors, 3rd party vendors, marketing...Tesla does none of those.
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Eded
·2021-05-27
He is right . Elon Musk will move to Mars in ten years time with dogecoin. He did read all news !
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ParableTalen
·2021-05-27
Another perspective from the non-supporters. Investor needs to weigh both sides of the camp before making their purchase.
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Mooger
·2021-05-27
Agreed
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ChallengerDT
·2021-05-27
Tesla.. the ultimate choice for EV.
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我i168
·2021-05-27
Agree nobody can dominate the car market, wether in today’s ICE marketor tomorrow’s EV market. Nobody can.
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Daveb
·2021-05-27
The way markets will opperate into the future will never be the same after GME and AMC therefore so named legendary investors will be like dinosaurs in the years to come as retail investors become more coordinated and better skilled. Together we are many. By themselves, they are few. ??????✊?
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KekeZ
·2021-05-27
Mr Greenwald is right - Tesla won't dominate car industry in 20 years, it will do so in 10 years. ? Tesla to the ?. Please comment and like!
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9
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- Frosty4ever:
  don't need to dominate. more important to sell everything they can make with good profit margin. no point dominating market share but making not making or worse losing money.
  2021-05-27
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- Leegoo:
  [开心]
  2021-05-27
  Reply
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- Modi:
  [开心] [开心] [开心] [开心]
  2021-05-27
  Reply
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View more 1 comments
Jeanp14
·2021-05-26
Target price for Tesla?
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3
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- JBSIEW:
  USD100
  2021-05-27
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tanks09
·2021-05-26
Buy buy buy
Reply
2
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请赐教93
·2021-05-26
?
Reply
1
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ChrisChen123
·2021-05-26
特斯拉不需要主宰汽車市場因爲特斯拉不止是個汽車公司，再一個汽車市場太大了沒誰可以主宰。但是特斯拉20年內一定會成爲市值最高的公司
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7
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Benstonk
·2021-05-26
How legendary is he in 20years?
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Leira
·2021-05-26
Tesla is a risky game
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5
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- Moonwalker:
  BUY long
  2021-05-26
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mark01bravz
·2021-05-26
Hahahaha fud as its best. This is what you call boomers brain. They just can't envision tesla's proof of concept and its ability to scale.
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- LoneSurvivor:
  Aiteeeee bettttt
  2021-05-27
  Reply
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But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":132418107,"gmtCreate":1622106243409,"gmtModify":1704179571232,"author":{"id":"3582020830270271","authorId":"3582020830270271","name":"tkj","avatar":"https://static.tigerbbs.com/b4db3635974ce189ed8129eca6b5b618","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3582020830270271","authorIdStr":"3582020830270271"},"htmlText":"It is a given, there is no way Tesla is going to dominate the market in the long term. The big and famous boys will be in with full force, Mercs, BMWs with established branding. Competition will heat up","listText":"It is a given, there is no way Tesla is going to dominate the market in the long term. The big and famous boys will be in with full force, Mercs, BMWs with established branding. Competition will heat up","text":"It is a given, there is no way Tesla is going to dominate the market in the long term. The big and famous boys will be in with full force, Mercs, BMWs with established branding. Competition will heat up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":38,"repostSize":0,"link":"https://ttm.financial/post/132418107","repostId":2138486271,"repostType":4,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4476455,"gmtCreate":1622159745446,"gmtModify":1680791433865,"authorId":3574914733914037,"author":{"id":3574914733914037,"idStr":"3574914733914037","authorId":3574914733914037,"name":"WX86","avatar":"https://static.tigerbbs.com/0d2bf6285c05dd8b1286c7ee506deca6","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"93.63%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132418107,"type":1,"supId":0,"prevId":0,"content":"Lol... there's BMW solar and Mercedes powerwalls?","text":"Lol... there's BMW solar and Mercedes powerwalls?","html":"Lol... there's BMW solar and Mercedes powerwalls?"},{"id":4636664,"gmtCreate":1623167587749,"gmtModify":1663228220227,"authorId":3579404859215577,"author":{"id":3579404859215577,"idStr":"3579404859215577","authorId":3579404859215577,"name":"CHENBL","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132418107,"type":1,"supId":0,"prevId":0,"content":"DONKEY!!!","text":"DONKEY!!!","html":"DONKEY!!!"},{"id":4635684,"gmtCreate":1623163874777,"gmtModify":1663228214638,"authorId":3574245146949745,"author":{"id":3574245146949745,"idStr":"3574245146949745","authorId":3574245146949745,"name":"etf29","avatar":"https://static.tigerbbs.com/89ded77db911ba6844fe89609bf2fd5f","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132418107,"type":1,"supId":0,"prevId":0,"content":"tesla is more than EV. they are selling energy storage and SaaS (autopilot) to other automakers, e.g. toyota. future is bright baby!","text":"tesla is more than EV. they are selling energy storage and SaaS (autopilot) to other automakers, e.g. toyota. future is bright baby!","html":"tesla is more than EV. they are selling energy storage and SaaS (autopilot) to other automakers, e.g. toyota. future is bright baby!"},{"id":4635215,"gmtCreate":1623162083967,"gmtModify":1663228212525,"authorId":3573162818118967,"author":{"id":3573162818118967,"idStr":"3573162818118967","authorId":3573162818118967,"name":"Pepeflabs","avatar":"https://static.tigerbbs.com/bb2ce4a85b6af8ab6f45834a991797c6","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132418107,"type":1,"supId":4565223,"prevId":0,"content":"spot on","text":"spot on","html":"spot on"},{"id":4631537,"gmtCreate":1623143872029,"gmtModify":1663228196034,"authorId":3555322280934257,"author":{"id":3555322280934257,"idStr":"3555322280934257","authorId":3555322280934257,"name":"geraldwwx","avatar":"https://static.tigerbbs.com/bccdb31724278699a26408ea1426d1d2","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132418107,"type":1,"supId":0,"prevId":0,"content":"Hahaha best joke of the day ","text":"Hahaha best joke of the day ","html":"Hahaha best joke of the day "}],"langContent":"EN"},{"id":132815953,"gmtCreate":1622079422272,"gmtModify":1704179030825,"author":{"id":"3571093498557443","authorId":"3571093498557443","name":"GiselleC","avatar":"https://static.tigerbbs.com/179da162ff2a45271bfe253a23405416","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":6,"crmLevelSwitch":1,"idStr":"3571093498557443","authorIdStr":"3571093498557443"},"htmlText":"Pls like n comment thanks. Always follow Elon&nbsp;tweet!","listText":"Pls like n comment thanks. Always follow Elon&nbsp;tweet!","text":"Pls like n comment thanks. Always follow Elon tweet!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132815953","repostId":2138486271,"repostType":4,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":132185824,"gmtCreate":1622076026468,"gmtModify":1704178910400,"author":{"id":"3574897713454581","authorId":"3574897713454581","name":"JCai","avatar":"https://static.tigerbbs.com/a4408059854d4abfa5d3e8513d447a16","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3574897713454581","authorIdStr":"3574897713454581"},"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132185824","repostId":2138486271,"repostType":4,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":132116969,"gmtCreate":1622075508251,"gmtModify":1704178895570,"author":{"id":"3563150446821026","authorId":"3563150446821026","name":"Acella","avatar":"https://static.tigerbbs.com/2712c4bb0bfbec4d2773e012189db3bc","vip":1,"crmLevel":9,"crmLevelSwitch":1,"idStr":"3563150446821026","authorIdStr":"3563150446821026"},"htmlText":"Good?","listText":"Good?","text":"Good?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/132116969","repostId":2138486271,"repostType":4,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4498100,"gmtCreate":1622292376221,"gmtModify":1680791835949,"authorId":3563150446821026,"author":{"id":3563150446821026,"idStr":"3563150446821026","authorId":3563150446821026,"name":"Acella","avatar":"https://static.tigerbbs.com/2712c4bb0bfbec4d2773e012189db3bc","vip":1,"crmLevel":9,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132116969,"type":1,"supId":4463673,"prevId":0,"content":"?","text":"?","html":"?"},{"id":4498099,"gmtCreate":1622292369966,"gmtModify":1680791834405,"authorId":3563150446821026,"author":{"id":3563150446821026,"idStr":"3563150446821026","authorId":3563150446821026,"name":"Acella","avatar":"https://static.tigerbbs.com/2712c4bb0bfbec4d2773e012189db3bc","vip":1,"crmLevel":9,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132116969,"type":1,"supId":4464733,"prevId":0,"content":"?","text":"?","html":"?"},{"id":4479407,"gmtCreate":1622169332948,"gmtModify":1680791492619,"authorId":3563150446821026,"author":{"id":3563150446821026,"idStr":"3563150446821026","authorId":3563150446821026,"name":"Acella","avatar":"https://static.tigerbbs.com/2712c4bb0bfbec4d2773e012189db3bc","vip":1,"crmLevel":9,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132116969,"type":1,"supId":4476262,"prevId":0,"content":"?","text":"?","html":"?"},{"id":4479405,"gmtCreate":1622169323820,"gmtModify":1680791490575,"authorId":3563150446821026,"author":{"id":3563150446821026,"idStr":"3563150446821026","authorId":3563150446821026,"name":"Acella","avatar":"https://static.tigerbbs.com/2712c4bb0bfbec4d2773e012189db3bc","vip":1,"crmLevel":9,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132116969,"type":1,"supId":4476285,"prevId":0,"content":"?","text":"?","html":"?"},{"id":4476262,"gmtCreate":1622159288510,"gmtModify":1680791435747,"authorId":3571463229344698,"author":{"id":3571463229344698,"idStr":"3571463229344698","authorId":3571463229344698,"name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132116969,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"}],"langContent":"EN"},{"id":132132820,"gmtCreate":1622075225960,"gmtModify":1704178881783,"author":{"id":"3573966231987456","authorId":"3573966231987456","name":"TerenceD","avatar":"https://static.tigerbbs.com/046d570a2a5c6793332b041c7628d5c3","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3573966231987456","authorIdStr":"3573966231987456"},"htmlText":"That’s ??&nbsp;","listText":"That’s ??&nbsp;","text":"That’s ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132132820","repostId":2138486271,"repostType":4,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":132377931,"gmtCreate":1622074325923,"gmtModify":1704178841466,"author":{"id":"3555214777256239","authorId":"3555214777256239","name":"nananan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3555214777256239","authorIdStr":"3555214777256239"},"htmlText":"At least 20% of total market in 20 years.Tesla has always been supply constrainted, even before the pandamic. That is the only reason why the number isnt higher now.Greenwald is a fool, every other automakers share their profits with distributors, 3rd party vendors, marketing...Tesla does none of those.&nbsp;","listText":"At least 20% of total market in 20 years.Tesla has always been supply constrainted, even before the pandamic. That is the only reason why the number isnt higher now.Greenwald is a fool, every other automakers share their profits with distributors, 3rd party vendors, marketing...Tesla does none of those.&nbsp;","text":"At least 20% of total market in 20 years.Tesla has always been supply constrainted, even before the pandamic. That is the only reason why the number isnt higher now.Greenwald is a fool, every other automakers share their profits with distributors, 3rd party vendors, marketing...Tesla does none of those.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132377931","repostId":2138486271,"repostType":4,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":132374906,"gmtCreate":1622074304005,"gmtModify":1704178840161,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581980965309451","authorIdStr":"3581980965309451"},"htmlText":"He is right . Elon Musk will move to Mars in ten years time with dogecoin. He did read all news !&nbsp;","listText":"He is right . Elon Musk will move to Mars in ten years time with dogecoin. He did read all news !&nbsp;","text":"He is right . Elon Musk will move to Mars in ten years time with dogecoin. He did read all news !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132374906","repostId":2138486271,"repostType":4,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":132338089,"gmtCreate":1622071590741,"gmtModify":1704178736460,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580300192386766","authorIdStr":"3580300192386766"},"htmlText":"Another perspective from the non-supporters. Investor needs to weigh both sides of the camp before making their purchase.","listText":"Another perspective from the non-supporters. Investor needs to weigh both sides of the camp before making their purchase.","text":"Another perspective from the non-supporters. Investor needs to weigh both sides of the camp before making their purchase.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132338089","repostId":2138486271,"repostType":4,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":132942009,"gmtCreate":1622069670201,"gmtModify":1704178684562,"author":{"id":"3580539085997831","authorId":"3580539085997831","name":"Mooger","avatar":"https://static.tigerbbs.com/298023da4e52ab4970ce37e8dd576a4c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580539085997831","authorIdStr":"3580539085997831"},"htmlText":"Agreed&nbsp;","listText":"Agreed&nbsp;","text":"Agreed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132942009","repostId":2138486271,"repostType":4,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":132920640,"gmtCreate":1622067253380,"gmtModify":1704178650410,"author":{"id":"3555039416426653","authorId":"3555039416426653","name":"ChallengerDT","avatar":"https://community-static.tradeup.com/news/bc21912fb4ab9076011b86fcc1220d7b","vip":1,"hat":"https://static.tigerbbs.com/646756f1284a5a6480ed02cc4fa7d1d2","crmLevel":6,"crmLevelSwitch":1,"idStr":"3555039416426653","authorIdStr":"3555039416426653"},"htmlText":"Tesla.. the ultimate choice for EV.","listText":"Tesla.. the ultimate choice for EV.","text":"Tesla.. the ultimate choice for EV.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132920640","repostId":2138486271,"repostType":4,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":132960060,"gmtCreate":1622066231450,"gmtModify":1704178636349,"author":{"id":"3563873670221480","authorId":"3563873670221480","name":"我i168","avatar":"https://static.tigerbbs.com/34b2d0551b5ab028c13ab35747c4df8c","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3563873670221480","authorIdStr":"3563873670221480"},"htmlText":"Agree nobody can dominate the car market, wether in today’s ICE marketor tomorrow’s EV market. Nobody can.","listText":"Agree nobody can dominate the car market, wether in today’s ICE marketor tomorrow’s EV market. Nobody can.","text":"Agree nobody can dominate the car market, wether in today’s ICE marketor tomorrow’s EV market. Nobody can.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132960060","repostId":2138486271,"repostType":4,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":132938038,"gmtCreate":1622059805624,"gmtModify":1704178602861,"author":{"id":"3575141057639271","authorId":"3575141057639271","name":"Daveb","avatar":"https://static.tigerbbs.com/61df162e1597f1b5a6a6bfb13d7d92f5","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3575141057639271","authorIdStr":"3575141057639271"},"htmlText":"The way markets will opperate into the future will never be the same after GME and AMC therefore so named legendary investors will be like dinosaurs in the years to come as retail investors become more coordinated and better skilled. Together we are many. &nbsp;By themselves, they are few. ??????✊?","listText":"The way markets will opperate into the future will never be the same after GME and AMC therefore so named legendary investors will be like dinosaurs in the years to come as retail investors become more coordinated and better skilled. Together we are many. &nbsp;By themselves, they are few. ??????✊?","text":"The way markets will opperate into the future will never be the same after GME and AMC therefore so named legendary investors will be like dinosaurs in the years to come as retail investors become more coordinated and better skilled. Together we are many. By themselves, they are few. ??????✊?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132938038","repostId":2138486271,"repostType":4,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":132903555,"gmtCreate":1622052976077,"gmtModify":1704178575880,"author":{"id":"3555626756077268","authorId":"3555626756077268","name":"KekeZ","avatar":"https://static.tigerbbs.com/4859868e191f5e2dd0d09e5167a6015a","vip":1,"hat":"https://static.tigerbbs.com/f84859c65fc2d7681e28f6b8e9b0535a","crmLevel":6,"crmLevelSwitch":1,"idStr":"3555626756077268","authorIdStr":"3555626756077268"},"htmlText":"Mr Greenwald is right - Tesla won't dominate car industry in 20 years, it will do so in 10 years. ? Tesla to the ?. Please comment and like!&nbsp;","listText":"Mr Greenwald is right - Tesla won't dominate car industry in 20 years, it will do so in 10 years. ? Tesla to the ?. Please comment and like!&nbsp;","text":"Mr Greenwald is right - Tesla won't dominate car industry in 20 years, it will do so in 10 years. ? Tesla to the ?. Please comment and like!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/132903555","repostId":2138486271,"repostType":2,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4464193,"gmtCreate":1622077747230,"gmtModify":1680791220304,"authorId":3583106134648492,"author":{"id":3583106134648492,"idStr":"3583106134648492","authorId":3583106134648492,"name":"Frosty4ever","avatar":"https://community-static.tradeup.com/news/58fdf90023b13bdabb45b46bb0d645e1","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132903555,"type":1,"supId":0,"prevId":0,"content":"don't need to dominate. more important to sell everything they can make with good profit margin. no point dominating market share but making not making or worse losing <u>money</u>.","text":"don't need to dominate. more important to sell everything they can make with good profit margin. no point dominating market share but making not making or worse losing <u>money</u>.","html":"don't need to dominate. more important to sell everything they can make with good profit margin. no point dominating market share but making not making or worse losing <u>money</u>."},{"id":4460695,"gmtCreate":1622056529867,"gmtModify":1680791162969,"authorId":3576409441152835,"author":{"id":3576409441152835,"idStr":"3576409441152835","authorId":3576409441152835,"name":"Leegoo","avatar":"https://static.tigerbbs.com/8464a00bba8adf71f947adc1a8a150d9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132903555,"type":1,"supId":0,"prevId":0,"content":"[开心]","text":"[开心]","html":"[开心]"},{"id":4460675,"gmtCreate":1622055163456,"gmtModify":1680791157366,"authorId":3455229807167654,"author":{"id":3455229807167654,"idStr":"3455229807167654","authorId":3455229807167654,"name":"Modi","avatar":"https://community-static.tradeup.com/news/5269398163df43879cf56bf3bc9b159b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132903555,"type":1,"supId":0,"prevId":0,"content":"<p>[开心] [开心] [开心] [开心] </p>","text":"<p>[开心] [开心] [开心] [开心] </p>","html":"<p>[开心] [开心] [开心] [开心] </p>"},{"id":4460690,"gmtCreate":1622055742927,"gmtModify":1680791154962,"authorId":3555274498337188,"author":{"id":3555274498337188,"idStr":"3555274498337188","authorId":3555274498337188,"name":"严长春","avatar":"https://static.tigerbbs.com/c2dba4e92ab1d47af53f0e85f24b6f20","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132903555,"type":1,"supId":0,"prevId":0,"content":"<p>[强] </p>","text":"<p>[强] </p>","html":"<p>[强] </p>"}],"langContent":"EN"},{"id":132034731,"gmtCreate":1622044117523,"gmtModify":1704178481501,"author":{"id":"3581474862059346","authorId":"3581474862059346","name":"Jeanp14","avatar":"https://static.tigerbbs.com/d00dab9c572cde422dc929a92e26b806","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3581474862059346","authorIdStr":"3581474862059346"},"htmlText":"Target price for Tesla?","listText":"Target price for Tesla?","text":"Target price for Tesla?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/132034731","repostId":2138486271,"repostType":4,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4461264,"gmtCreate":1622067973899,"gmtModify":1680791169410,"authorId":3563244604368605,"author":{"id":3563244604368605,"idStr":"3563244604368605","authorId":3563244604368605,"name":"JBSIEW","avatar":"https://static.tigerbbs.com/98de4f8fefba82ae441dde7b51ef936d","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132034731,"type":1,"supId":0,"prevId":0,"content":"<u>USD100</u>","text":"<u>USD100</u>","html":"<u>USD100</u>"}],"langContent":"EN"},{"id":132033176,"gmtCreate":1622043738995,"gmtModify":1704178472778,"author":{"id":"3581816252667558","authorId":"3581816252667558","name":"tanks09","avatar":"https://static.tigerbbs.com/0d3a860d19cbe659e537ab4dcbdc7d1d","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3581816252667558","authorIdStr":"3581816252667558"},"htmlText":"Buy buy buy","listText":"Buy buy buy","text":"Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132033176","repostId":2138486271,"repostType":4,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":132097621,"gmtCreate":1622043613863,"gmtModify":1704178469135,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"请赐教93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132097621","repostId":2138486271,"repostType":4,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":136744438,"gmtCreate":1622041789124,"gmtModify":1704178427685,"author":{"id":"3571264504108019","authorId":"3571264504108019","name":"ChrisChen123","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3571264504108019","authorIdStr":"3571264504108019"},"htmlText":"特斯拉不需要主宰汽車市場因爲特斯拉不止是個汽車公司，再一個汽車市場太大了沒誰可以主宰。但是特斯拉20年內一定會成爲市值最高的公司","listText":"特斯拉不需要主宰汽車市場因爲特斯拉不止是個汽車公司，再一個汽車市場太大了沒誰可以主宰。但是特斯拉20年內一定會成爲市值最高的公司","text":"特斯拉不需要主宰汽車市場因爲特斯拉不止是個汽車公司，再一個汽車市場太大了沒誰可以主宰。但是特斯拉20年內一定會成爲市值最高的公司","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136744438","repostId":2138486271,"repostType":2,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":136749852,"gmtCreate":1622041454376,"gmtModify":1704178416969,"author":{"id":"3574851080358491","authorId":"3574851080358491","name":"Benstonk","avatar":"https://static.tigerbbs.com/c8a964cfa9223e4704989c9a4b9b772e","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"3574851080358491","authorIdStr":"3574851080358491"},"htmlText":"How legendary is he in 20years?","listText":"How legendary is he in 20years?","text":"How legendary is he in 20years?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136749852","repostId":2138486271,"repostType":4,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":136755421,"gmtCreate":1622041251563,"gmtModify":1704178412693,"author":{"id":"3574670459862914","authorId":"3574670459862914","name":"Leira","avatar":"https://static.tigerbbs.com/c093de36b9faf1e806c55a60e221cb74","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574670459862914","authorIdStr":"3574670459862914"},"htmlText":"Tesla is a risky game","listText":"Tesla is a risky game","text":"Tesla is a risky game","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/136755421","repostId":2138486271,"repostType":4,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4459331,"gmtCreate":1622041307012,"gmtModify":1680791145122,"authorId":3578144431053530,"author":{"id":3578144431053530,"idStr":"3578144431053530","authorId":3578144431053530,"name":"Moonwalker","avatar":"https://static.tigerbbs.com/09c444fbe99e3975f4bc242d4d531918","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.27","exceedPercentage":"93.40%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":136755421,"type":1,"supId":0,"prevId":0,"content":"BUY long","text":"BUY long","html":"BUY long"}],"langContent":"EN"},{"id":136758910,"gmtCreate":1622041062330,"gmtModify":1704178406909,"author":{"id":"3568769977321272","authorId":"3568769977321272","name":"mark01bravz","avatar":"https://static.tigerbbs.com/a5b7674da5bdda08c302399c7d276a6c","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3568769977321272","authorIdStr":"3568769977321272"},"htmlText":"Hahahaha fud as its best. This is what you call boomers brain. They just can't envision tesla's proof of concept and its ability to scale.&nbsp;","listText":"Hahahaha fud as its best. This is what you call boomers brain. They just can't envision tesla's proof of concept and its ability to scale.&nbsp;","text":"Hahahaha fud as its best. This is what you call boomers brain. They just can't envision tesla's proof of concept and its ability to scale.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/136758910","repostId":2138486271,"repostType":4,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4460249,"gmtCreate":1622046834384,"gmtModify":1680791151662,"authorId":3579266597292844,"author":{"id":3579266597292844,"idStr":"3579266597292844","authorId":3579266597292844,"name":"LoneSurvivor","avatar":"https://static.tigerbbs.com/a82eb7b56f99eff92f30a4ece3e5c96c","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.05.10","exceedPercentage":"80.45%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":136758910,"type":1,"supId":0,"prevId":0,"content":"Aiteeeee bettttt","text":"Aiteeeee bettttt","html":"Aiteeeee bettttt"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":107,"commentSize":59,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}