$Tesla Motors(TSLA)$ BYD's new charger is three times faster than Tesla's, as fast as filling up at gas stations. It's now being installed in the EU, already mass-installed in China. Canada is next. I'd say BYD just made Tesla's over 15,000 superchargers obsolete.
How can Waymo compete with $Tesla Motors(TSLA)$ ? Even if they reduce the cost per vehicle to $50,000, that is only 20 vehicles versus 55 for $Tesla Motors(TSLA)$ per $1 million invested. If $Tesla Motors(TSLA)$ invests $1 billion in Cybercabs, that is 55,555 vehicles. If Waymo invests $1 billion in vehicles costing $50,000 each, it is just 20,000 vehicles. In other words, with the same fare per mile, $Tesla Motors(TSLA)$ generates 2.75 times more revenue per $1 million or billions invested. Game over.
Chinese consumers are clear about the top premium EVs: $Tesla Motors(TSLA)$ and $1810.HK. No others come close. Car reviewers and influencers try to spin a different narrative, but consumer interest is evident.
Tesla bears are licking $95.5B wounds this month, with analysts doubling down on $600 target. Shorting $Tesla Motors(TSLA)$ now? Better start scouting bridge real estate!