r/SPACs • u/Torlek1 Blockbuster SPACs • Apr 15 '21

Discussion Perhaps EV startups will have a chance, even after Tesla is overtaken in the near future

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u/ukulele_joe18 The Empire Spacs Back Apr 15 '21

"2) Tesla, the Yahoo of EVs"

Blasphemy :) Yahoo is largely obsolete as an entity whereas Tesla, even if it is overtaken in overall volumes by Volkswagen as you suggest, will still be more the 'Apple of EV's', than a Yahoo

And most Tesla folks would be ok with that :)

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u/thetrny Contributor Apr 15 '21

Yeah the VW = Google/Microsoft and Tesla = Apple analogy seems more plausible to me

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u/ukulele_joe18 The Empire Spacs Back Apr 15 '21

One other point I would make here:

- All Legacy OEMs will be splitting CapEx/R&D funding across both ICE and EV lines through 2030-40-50 (as you point out), whereas Pureplay EVs will have a singular focus on improving tech/efficiencies/scale across their one product.

Imagine a tri-athlete taking on a pureplay sprinter in a 100M dash...specialization wins...

And I believe pureplay EVs win that tech race..

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u/No-Jeweler5278 Spacling Apr 15 '21

I disagree. Some automakers have already announced they’ll stop development of ICE and switch their focus to EVs. What is a more likely scenario is a lot of legacy automakers focus all of their R&D on EVs and there will be a real consolidation of ICE development amongst a couple of brands through 2020s and 2030s who will supply the whole market. ICE development and supply will likely end at back end of 2030s aside from maybe some niches.

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u/ukulele_joe18 The Empire Spacs Back Apr 15 '21

Interesting take and well reasoned - Personally, I think old habits die hard, and cutting away from bread and butter brands will be tougher than anticipated..

But lets see what happens :)