Comment by Deklomalo
12 hours ago
Yeah 10 years ago.
Good for them as a company, thats why they are still here.
And now? Everyone builds EVs, everyone is as far as Tesla or better.
Even the old school companies like BMW have now more models than Tesla and the Cybertruck was expensive to build, build badly and did not deliver what Elon the druggy and antidemocrat Musk promised.
> Yeah 10 years ago.
Tesla unveiled the Roadster 20 years ago. That's plenty of time for other companies to catch up. They made a bet that once the battery moat evaporated the millions of miles of driving footage, powering affordable fully autonomous driving, would be their next moat. They failed, not because camera-based FSD is a silly idea (we drive with our eyes after all), but because it's a really hard problem. If they had won that bet, Tesla would justify its valuation. They didn't, and so we're left with the flailing of a doomed company.