Re: Telsa following History
To be honest I think it depends on what causes the loss. If it's heavy investment in added space, equipment then that's fine, they're growing the business. If it's down to the cars selling under cost then that's bad, eventually.
Aston Martin were notorious for making small fortunes out of large ones. For a lot of their history every single car was sold at a loss. Same with Jaguar.
Tesla do need to be careful. The size of the market for electric cars is hard limited. There's only so many electric cars that can be supported by the electricity grid. Once there's too many electric cars on the road the price of electricity is going to start rising dramatically; the suppliers really do have to to maintain a balance between supply and demand, otherwise there's power cuts.
It might even result in non linear pricing simply to discourage the heavy domestic consumers (those with electric cars). Plus the regulators will at some point have to start considering the pollution caused by electricity generation in deciding how to tax electric cars and the electricity they consume.
OK, so Tesla's point is that the grid and generation ought to be evolved to support the move to electric cars. But Tesla cannot force that to happen, and if it doesn't then the electricity price will rise. And their own market will saturate.
Take the UK for example. We can barely generate enough to keep the lights on, never mind run all the country's cars too if they become electric. Given that paucity of spare capacity, they don't need to sell too many electric cars before the grid starts complaining...
It's going to cost untold billions to expand the grid and generating capacity if we're to switch to electric vehicles in any meaningful way. And we're talking about serious numbers of nukes... With the level of NIMBYism in this country it'd take decades to do it. Personally speaking I can't see electric vehicles really becoming universally viable until they've got nuclear fusion power stations on stream, and found more reserves of copper...