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Will Tesla Become Cheaper?
in Cars
Debra AI Prediction
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Tesla workers are trying to fight back against low pay, hazardous conditions, and a culture of intimidation at the Freemont plant. They're trying to unionize the only nonunion auto manufacturer in the country through the UAW. If they're successful, it can't mean anything good for Tesla's price tag.
http://prospect.org/article/charge-time-electric-car-workers-accuse-tesla-low-pay-and-intimidation
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Tesla yesterday overtook GM as the most valuable car company measured by market cap. That is after overtaking Ford a week ago.
overall, they will continue to innovate and likely improving costs, but I agree that unionization may offset those gains.
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i also agree that it will get cheaper as they ramp up their scale production. tesla is now the most valuable auto company in the world, exceeding GM in market cap.
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