Comment by standardUser
16 hours ago
I understood it when Tesla was the path towards widespread electric car adoption. Now they have tons of competition and an aging lineup, I'm amazed they're competitive at all in East Asia.
16 hours ago
I understood it when Tesla was the path towards widespread electric car adoption. Now they have tons of competition and an aging lineup, I'm amazed they're competitive at all in East Asia.
Look at their sales numbers ... they aren't.
The current valuation is largely driven by a future in robotics, not in traditional consumer vehicles. Both in driverless cars and the humanoid form factor. There is not another US company with anything near the position of tesla in terms of vertical integration, in-house self driving technology, manufacturing advancements, ambitious leadership, engineering talent, etc etc.
Chinese companies are the only large threat on the horizon.
> current valuation is largely driven by a future in robotics
It probably isn’t, given Tesla has no unique lead in robotics and its recent news of setbacks didn’t move the market.
Tesla stock is a bet on Musk. It’s why the Board pays him hundreds of billions of dollars to not lose focus on a business he’s very obviously bored with.
No unique lead on robotics, except the largest fleet of self driving cars by several orders of magnitude, the largest training cluster, custom silicon, experience in mass produciton and vertical integraiton, a much more ambitious Optimus program than the causal headlines would have you know about...
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