The primary threat to Tesla is Tesla's own ability to execute and succeed long term.
Developing a long-term-viable car company is hard even when it makes regular old gasoline cars. Tesla also needs to fulfill the Model 3 preorders, and that process could be derailed by a number of issues: manufacturing speed, quality control, factory problems, etc. That's a big challenge for a company that has made small numbers of high-end luxury cars until now.
I'm impressed by Tesla's success so far, but if I were to invest in a car company today, I would rather invest in GM. They are getting into the electric car market big time with the Bolt, and unlike Tesla, they already have realized economies of scale in car production. If the Bolt succeeds, GM could choose to produce a car that would be a good competitor to the Tesla Model 3.
Developing a long-term-viable car company is hard even when it makes regular old gasoline cars. Tesla also needs to fulfill the Model 3 preorders, and that process could be derailed by a number of issues: manufacturing speed, quality control, factory problems, etc. That's a big challenge for a company that has made small numbers of high-end luxury cars until now.
I'm impressed by Tesla's success so far, but if I were to invest in a car company today, I would rather invest in GM. They are getting into the electric car market big time with the Bolt, and unlike Tesla, they already have realized economies of scale in car production. If the Bolt succeeds, GM could choose to produce a car that would be a good competitor to the Tesla Model 3.