The Many Moats of Tesla
TLDR;
- Macro events feed Tesla
- Brand Values
- TCO
- Insurance
- Organisational Structure - No Unions, No Dealerships, No Chinese JVs
- Direct Sales Model
- Vertical Integrations
- Factory Automation - Alien Dreadnaught
- Battery Tech Lead
- Battery Market Supply
- Supercharger Network
- Software Stack/ OTA Updates
- Autonomous Driving/ Data Capture
- Funding Availability
- Insurance float
On August 23, 1897, a letter to the editor in the New York Times responded to the idea of owning a car:
Sensitive and sentimental folk cannot view the pending change without conflicting emotions. There are reasons why the departure of the horse from the streets and the park drives should be considered gratifying. But it must be confessed that he will take with him a kind of picturesqueness which the self-motivating wagon will never supply. Moreover, man loves the horse, and he is not likely ever to love the automobile …....