Comments by "" (@mrpmj00) on "Tesla 'uninvestable' until Elon Musk steps down or seeks help with management, trader says" video.

The average household income is $50k, so once the market for those who can afford a $60k+ car and will buy a Tesla dries up, there won't be any market penetration beyond those buyers. Tesla's market share will always be tiny because the average household income for Model X is $500k, Model S is $250k, Model 3 is $150k....nowhere near the average household income of $50k.
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@Singuy: Why would the Chinese even want an overpriced Tesla when they're building it themselves? https://www.bloomberg.com/news/videos/2018-09-05/china-could-soon-become-the-detroit-of-electric-cars-video
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@Singuy: And what's the percentage of Rich Chinese in their country? Sure there's rich people there but a very tiny marketshare.
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@Singuy: I just got back from Paris in June and trust me, noone wants a car bigger than a Smart car in that urban setting. Parking, narrow streets, narrow parking structures with 90 degree turns. The Model 3 is way too big for truly urban cities like Paris.
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@Singuy: I rented a Renault Grand Scenic (minivan) and it was way too long for Paris at 182 inches and yet the Model 3 is 185 inches. I said to myself that there's no way I'd buy a car this big in Paris, and that's why you don't see it in Paris, only in the Paris suburbs.
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@Singuy: In urban settings like Paris, noone cares about speed (Tesla Model 3). Outside of Paris, there's no cops on the road because there's photo radar everywhere so nobody speeds.
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