Elon Musk Reacts To Viral Tesla Motorcycle Video: 'We Can't Make...' - Harley-Davidson (NYSE:HOG), QuantumScape (NYSE:QS)
TeslaTesla(US:TSLA) Benzinga·2025-12-01 11:09

Core Insights - Elon Musk has firmly stated that Tesla will never produce motorcycles due to safety concerns, citing a personal near-death experience on a road bike as a significant reason for this decision [2][3] - The electric motorcycle market is gaining traction, with companies like Volkswagen and Honda introducing new electric models, while Harley Davidson reported strong financial results in Q3 [3][4] Group 1: Tesla's Position on Motorcycles - Elon Musk reiterated that Tesla will not manufacture motorcycles, emphasizing safety issues [2] - Musk mentioned that while road bikes are dangerous, dirt bikes can be safe if ridden carefully [2] Group 2: Competitors in the Electric Motorcycle Market - Volkswagen is developing electric motorcycles, recently showcasing a Ducati motorcycle powered by a solid-state lithium-metal battery [2] - Honda announced the Honda WN7, an all-electric motorcycle with a range of 83 miles and performance comparable to traditional internal combustion engine models [3] Group 3: Harley Davidson's Financial Performance - Harley Davidson reported Q3 revenue of $1.074 billion, surpassing market expectations of $1.005 billion [3] - The company also exceeded EPS estimates, reporting $3.10 compared to the expected $1.46, but faced an operating loss of $72–$77 million in its LiveWire electric motorcycle subsidiary [4] Group 4: Tesla's Technological Advancements - Tesla has filed a patent for new battery technology that enhances safety and efficiency, maintaining nearly 99% capacity after 3,500 hours of use [5] - The company is recognized as a leader in AI and self-driving technology, with significant improvements in its Full Self-Driving system [6] Group 5: Market Performance - Tesla's stock has shown a favorable price trend in the medium and long term, although it has been rated poorly in terms of value [7]